Hire Road, Inc. is Hiring a Manager Financial Controls and Compliance Near Livonia, MI
Director of Strategic Financing Livonia, Michigan SummaryOur client is a pioneer and industry leader in the gourmet greenhouse industry. As a family-owned business, they have proudly served the community for the last 65 years. Our client is a growing company who is looking to add an experienced and professional Director of Strategic Financing to their team. The Director, Strategic Financing is responsible for designing, negotiating, and implementing new credit facilities and debt instruments with our partner banks and investment firms to finance strategic growth. The Director of Strategic Financing must have a track record of negotiating and closing financing facilities.Director Of Strategic Financing Requirements
Bachelor’s degree, or its foreign equivalent, in Accounting, Finance, Business, Law, or a closely-related degree
CTP, CPA, MBA, or JD preferred
10 years of relevant lending / finance transactional experience at a law firm and / or in-house legal department at a large bank or other financial services company and / or large multinational company required, with demonstrated experience managing increasingly complex matters
3-5 years of leadership experience preferred
Track record of negotiating and closing financing facilities required
The ability to prioritize work in a fast-moving environment, manage a large number of issues at one time, and interact with senior and executive management
Self-starter with strong analytical and collaborative skills; adaptability and ability to apply existing skills to unfamiliar subject matter areas
Experience collaborating on a broad range of business strategies and issues
Knowledge of the legal and regulatory requirements for commercial banking and private credit facilities
Proven, strong negotiating skills
Director Of Strategic Financing Description
Seek, identify, and evaluate sources of growth capital; evaluate and recommend choices of capital
Execute on financing; design, negotiate, and implement financing facilities to support growth initiatives
Manage the corporate credit facility and aggregate across partnerships
Monitor the cash flow forecast and assess the Company’s short-term and long-term liquidity profile, related borrowing needs, and sources of funding
Maintain ongoing compliance with credit agreement obligations and debt covenants, ensuring monthly, quarterly and periodic reporting requirements are consistently maintained and regularly reviewed with the bank syndicate
Ensure that sufficient funds are available to meet ongoing operational, strategic, and capital investment requirements
Monitor and assess the Company’s short-term and long-term exposure to foreign currency and interest rate risk and develop recommendations to mitigate risk. Oversee the implementation of risk management strategies, monitor and report effectiveness and refine strategies to respond to changing business and economic conditions
Manage the Company’s currency and interest rate hedging program, including initiation, monitoring and settlement of spot and forward contracts for foreign currency conversion and interest rate swaps
Maintain commercial lending relationships
Advise management on the liquidity implications of its short- and long-range planning
Maintain relationships with credit rating agencies (Moody’s and S&P) relative to company’s credit rating
Oversee the issuance of Letters of Credit and Bank Guarantees
Coach and develop finance analyst(s) through support and supervision
Remain current on market financing trends, terms, and other competitive conditions in capital markets
Other duties as assigned
Who We AreChoosing the Hire Road is about shared success, active and committed partnerships and relationships that last. Hire Road is solely focused on connecting highly skilled professionals with leading organizations. We are a solutions-based, results-oriented staffing company specializing in a wide range of industry specific practices. To put it simply, we recruit, screen and hire talented people for temporary and full-time positions. This classification description is intended to indicate the general kinds of tasks and levels of work difficulty that are required of positions given this title and should not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of any supervisor to assign, direct and control the work of the employees under her/his supervision. The use of a particular expression or illustration describing duties shall not exclude other duties not mentioned that are of a similar kind or level of difficulty.Equal Opportunity Employer