What are the responsibilities and job description for the Treasurer / Working Capital Director position at Bakkt LLC?
About Bakkt:Bakkt is architecting the future of finance, fueling a revolutionary "finternet" built on the transformative power of cryptocurrency. We're unlocking novel avenues for accessing, trading, and engaging with digital assets, forging a more interconnected and efficient financial ecosystem for individuals and institutions alike. Join us at the vanguard of this groundbreaking evolution! The Treasurer / Working Capital Director is a hands-on, high-impact leadership role responsible for optimizing the company's liquidity, managing financial risk, and leading comprehensive financial planning and analysis (FP&A) activities. This role is the primary expert on cash flow and is critical in supporting the broader Financial Planning & Analysis (FP&A) activities to drive sound financial discipline across the organization.Key Responsibilities: Treasury & Cash ManagementOversee and optimize daily global cash operations, including bank account administration, funds transfer, and liquidity management.Define, monitor, and rebalance the capital structure and asset allocation strategy for new product cash flows, ensuring liquidity is optimally deployed across investments and reserves to support the working capital needs of the growing product line.Manage and strengthen relationships with banking partners, negotiate service agreements, terms, and fees to ensure competitive financial services.Develop and maintain robust cash flow forecasting models to anticipate needs.Design, implement, and enforce internal controls, policies, and procedures over treasury activities to mitigate risk and ensure regulatory compliance.Support the CFO and senior leadership team on complex capital structure decisions, financing initiatives, debt management, and merger and acquisition (M&A) support. Financial Planning & Analysis (FP&A)Conduct detailed variance analysis (actual performance vs. budget/forecast) and interpret results, assessing their impact on future financial outcomes and clearly communicating findings to stakeholders.Develop and present accurate and insightful P&L reports, financial performance narratives, and operational efficiency analysis to leadership and business partners.Collaborate closely with business unit leaders to identify opportunities, drive operational efficiencies, and embed financial discipline into day-to-day operations.Liaise with the Accounting and Financial Reporting teams during the monthly/quarterly close process.Drive continuous improvement in the company’s financial management infrastructure by implementing tighter controls, enhancing data integrity, and streamlining core processes.RequirementsExperience: Minimum of 7 years of progressive experience in finance, with significant tenure in Treasury and Financial Planning & Analysis (FP&A) roles.Education: Bachelor’s degree in Business Administration, Finance, Accounting, or a related field is required.Technical Skills: Advanced aptitude for complex financial modeling, data analysis, and financial reporting. Proven mastery of spreadsheet and presentation software.Business Acumen: Demonstrated ability to apply deep financial analysis to solve complex business problems, integrate financial discipline into operational decision-making, and support business unit leaders outside the Finance organization.