Treasury Director

About Us Stagwell empowers talented, passionate, and creative leaders with vision to deliver breakthrough ideas on behalf of the world’s most ambitious clients. We believe that the differences among us fuel innovation and drive us to achieve extraordinary results. We take great pride in a work force with rich diversity of age, race, ethnicity, gender, nationality, sexual orientation, ability and background. As a network, we seek out a skilled and dynamic talent pipeline, invest in programs that help develop diverse talent for the future benefit of our industry, and strive to build an inclusive environment where all employees can bring their full selves to work. Creating a collaborative environment at our state-of-the-art campuses, where we can bring people together at the office to inspire and innovate, is central to our culture-moving creative edge. We believe that by being together, we can transform marketing. Responsibilities Cash Management & Liquidity Manage the daily cash position, including monitoring cash balances and intraday movement; assess and execute FX trades as applicable. Collaborate with Tax and Legal on global cash repatriation, intercompany funding structures, and banking/legal entity matters, consistent with applicable regulations Review and distribute the daily cash performance report to management. Manage and maintain the Treasury cash tracker report, serving as the source of record for all cash performance reporting. Monitor monthly agency forecast submissions, address forecast-to-forecast variances, and ensure complete and timely reporting. Prepare and review monthly cash forecast reports, including Flash and forecast comparison analyses. Bank Revolver, Debt & Intercompany Loan Management Review daily revolver position and paydown as appropriate. Monitor SOFR contract maturities and plan for new borrowings in coordination with senior approval. Monitor intercompany loan balances, identify FX exposures, and hedge as needed. Manage excess cash repatriation loans to ensure timely settlement through intercompany structures or dividend distribution. Administer Letters of Credit and Guarantees (issuance, cancellation, extension); ensure quarterly LC reporting is completed and delivered to accounting. Foreign Exchange (FX) Risk & Hedging Assess daily need for FX trades associated with hedge positions and related loan schedules. Monitor hedge-related loan balances and coordinate required intra-month adjustments. Coordinate and execute hedges with banking partners. Update and monitor hedge effectiveness tracking. Corporate Credit Card Programs Serve as Program Administrator for Corporate Credit Card Program. Drive agency enrollment in Corporate Credit Card Programs. Banking Administration & Account Management Oversee bank account openings, closures, and service changes; coordinate with agencies on requests. Administer product integrations (ACH, Global ACH, checks, lockbox, ACH debit blocking, payee name verification). Review bank fees and associated services; ensure contract pricing is adhered to in Kyriba. Ensure FBAR compliance oversight and manage annual filing process. Treasury Systems & Technology Administer and optimize the Kyriba TMS platform; partner with consultants/developers to customize and enhance reporting capabilities. Support Cash Flow Forecast portal development, including monthly meetings with developers on consolidation and enhancements. Coordinate ERP integrations with internal teams and external technology consultants. Reporting, Analytics & Forecasting Lead monthly Working Capital (WC) reviews: AR aging analysis, problem client identification, WC reporting, agency follow-ups, and summary deck preparation. Conduct AR trend reviews against allocation buckets; present to leadership prior to distribution. Maintain and refine the Treasury Dashboard in coordination with Business Applications; ensure consistent KPI definitions. Prepare finance leadership materials, including slides for finance meetings and CFO/Summit conference decks. Ensure the OneStream balance sheet cash pull is updated timely each month-end. Cash Acceleration Programs Review and align factoring limits ahead of quarter-end; recommend reallocations based on AR aging and expected receipts. Monitor factoring utilization and repayments; prepare quarterly factoring sale support and coordinate stakeholder input. Support factoring program expansion to foreign/non-USD entities in coordination with JPM, Legal, and Tax. Stakeholder Management & Communication Lead or participate in weekly Treasury debrief meetings; align team on goals, priorities, open risks, and owner assignments. Provide data and presentation materials to finance leadership as needed; manage the review and approval workflow. Qualifications Education Bachelor's degree in Finance, Accounting, Economics, or a related field required. MBA, CFA, CTP (Certified Treasury Professional), or equivalent advanced credential strongly preferred. Experience Corporate treasury experience, preferably within a complex, multi-entity or publicly traded organization. Demonstrated experience in cash management, debt/revolver management, FX hedging, and treasury operations. Prior exposure to factoring, commercial card programs, and intercompany loan structures is strongly preferred. Experience in a media, marketing services, or professional services environment a plus. Technical Skills Proficiency with Treasury Management Systems; hands-on Kyriba experience highly preferred. Working knowledge of ERP and financial reporting platforms (Maconomy, OneStream, or equivalent). Familiarity with banking portals (JPMorgan Access, TD Online, BofA CashPro). Advanced Microsoft Excel skills; proficiency in PowerPoint for executive presentations. Understanding of SOFR/ABR mechanics, ISDA agreements, and hedge accounting concepts. Core Competencies Analytical Rigor: Ability to synthesize large volumes of financial data to drive actionable insights. Attention to Detail: Commitment to accuracy in cash reporting, reconciliations, and compliance documentation. Collaboration: Effective cross-functional partner with Accounting, FP&A, Legal, Tax, SSC, and external banking relationships. Project Management: Capacity to manage multiple concurrent workstreams and deadlines in a dynamic environment. Communication: Able to present complex treasury topics clearly to finance leadership and executive audiences. Integrity & Confidentiality: Maintains the highest standards of professional conduct in handling sensitive financial information. Benefits In addition to medical, dental and vision coverage, we offer a generous PTO plan, 401k program, comprehensive family planning benefits (including paid parental leave), tuition reimbursement, and pre-tax commuter benefits. Benefits/perks may vary depending on the nature of your employment with Stagwell and the location where you work. Compensation In order to comply with equal pay and salary transparency laws in various locations, we believe the target range of base compensation for this role is $180,000 - $215,000. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, and location. #J-18808-Ljbffr Stagwell Global, LLC