Head of Treasury

POSITION OVERVIEW

Korn Ferry is exclusively partnering with a large, global healthcare distribution company undergoing meaningful transformation to recruit a Head of Treasury based out of their headquarters in Central Virginia.

Reporting to the Chief Financial Officer, this role will provide strategic leadership and hands‑on execution across all treasury, liquidity, and working capital activities. The Head of Treasury will play a critical role in modernizing the function, with a strong focus on building best‑in‑class 13‑week cash flow forecasting, strengthening liquidity management, and driving enterprise‑wide working capital optimization.

Operating in a fast‑paced, PE‑influenced environment, this highly visible position offers direct exposure to senior leadership and the opportunity to expand scope over time. The role partners closely with FP&A, Controllership, Financial Operations (AR/AP), Supply Chain, and executive leadership to improve cash visibility, forecasting accuracy, and capital efficiency.

This is a high‑impact leadership opportunity to shape a treasury function during a period of growth and transformation.

KEY RESPONSIBILITIES

• Own and lead all treasury activities, including global cash management, liquidity planning, capital structure, and banking relationships.
• Design, build, and continuously refine a best‑in‑class 13‑week cash flow forecasting model with disciplined variance analysis and executive‑ready insights.
• Manage daily liquidity activities, including cash positioning, borrowing decisions, and short‑term funding strategies.
• Drive enterprise‑wide working capital optimization across AR, AP, inventory, and complex rebate structures.
• Partner with Supply Chain and Finance leadership to align inventory planning with sales forecasts and cash flow requirements in a complex distribution and manufacturing environment.
• Optimize banking structures, credit facilities, and liquidity strategies in collaboration with private equity stakeholders and external partners.
• Oversee risk management activities, including business insurance strategy, while identifying cost and coverage efficiencies.
• Provide leadership on rebate and customer contract cash flow dynamics to improve forecasting accuracy and cash conversion.
• Establish and enhance treasury policies, internal controls, and reporting frameworks to support scalability and governance.
• Lead regular liquidity and working capital reviews, including daily cash calls and weekly cross‑functional forums.
• Serve as a senior finance leader in executive discussions, audits, and interactions with lenders and financial partners.
• Build and develop a high‑performing treasury team while contributing to the advancement of broader financial operations.

QUALIFICATIONS

• 15 years of progressive experience in treasury, corporate finance, and/or FP&A within large, complex, global organizations.
• Proven experience building and managing accurate, operationally integrated 13‑week cash flow forecasts.
• Deep expertise in working capital management, including AR, AP, inventory, and cash conversion optimization.
• Experience in distribution, healthcare, manufacturing, or rebate‑driven environments (strongly preferred).
• Strong understanding of liquidity management, banking relationships, credit facilities, and capital allocation.
• Experience in private equity‑backed or leveraged environments is a plus.
• Demonstrated success partnering cross‑functionally across finance, operations, and supply chain.
• Prior experience spanning both FP&A and treasury leadership highly desirable.
• Experience overseeing or partnering with financial operations (AR/AP/rebates) functions is a plus.
• Bachelor’s degree required; MBA or advanced degree preferred.

PERSONAL ATTRIBUTES

• Comfortable operating at both the strategic and execution levels, including direct involvement in financial modeling and analysis.
• Strong quantitative and modeling skills with the ability to translate complexity into clear, actionable insights.
• Credible, confident communicator capable of influencing and constructively challenging senior leadership and external stakeholders.
• Deep appreciation for how financial decisions impact day‑to‑day operations, particularly in inventory‑ and cash‑intensive environments
• Proven ability to drive transformation, implement new processes, and elevate capabilities in fast‑paced organizations.
• Understands customer economics, including rebate structures and contractual cash flow implications.