What are the responsibilities and job description for the Treasury Director position at Ledgent?
The Treasury Director of Operations is a senior individual contributor role responsible for establishing and leading the global treasury function for a multi-entity, multi-currency commercial aerospace organization engaged in parts trading, MRO, and aircraft, engine, and component leasing. This role blends hands-on execution with strategic leadership across cash and liquidity management, banking and lender relationships, and financial risk management. This is a standalone position with no direct reports initially, working closely with FP&A and Accounting teams. This role reports directly to the Chief Financial Officer (CFO).
Responsibilities:
Own and manage daily global cash positioning, including monitoring bank balances, funding operating accounts, managing cash sweeps, and optimizing use of revolving credit facilities.
Work with FP&A team to prepare short‑ and medium‑term cash flow and liquidity forecasts (weekly, monthly, and longer horizon - 13 week), working closely with CFO, FP&A and Accounting to align forecasts with business plans, capex, lease flows, and working capital requirements globally.
Work with CFO and FP&A team to manage working capital from a treasury perspective in a parts inventory, MRO and aircraft leasing environment, ensuring sufficient liquidity to support trading activity and MRO activity and a dynamic cash cycle while minimizing idle cash.
Execute and approve payments and receipts (wires, ACH, FX settlements, intercompany transfers) in line with delegated authorities and controls and oversee bank reconciliations in coordination with global accounting AR and AP teams.
Establish, document, and maintain treasury policies, procedures, and control frameworks appropriate for a private company, including segregation of duties using existing finance resources.
Jointly administer with Controller and legal teams, all bank accounts and banking platforms globally: openings/closings, signatories, user access and entitlements, KYC/AML documentation, and bank fee reviews.
Select, implement, and directly use a Treasury Management System (TMS) or other bespoke tools to improve visibility, automation, and control over cash, forecasts, and exposures.
Ensure robust control over cash, investments, and financial instruments, and support any SOX‑like or lender‑driven control requirements.
Act as the treasury lead for the transition from an ABL facility to a cash‑flow‑based revolver, owning the treasury workstream across structuring, documentation, and operationalization.
Design and implement processes and reporting to support a covenant‑driven revolver (e.g., leverage ratio, fixed‑charge coverage, minimum liquidity), replacing borrowing‑base mechanics as the primary capacity constraint.
Build, maintain, and continuously refine practical dashboards and analytics for liquidity, revolver availability, covenant headroom, and early‑warning indicators, providing the CFO and C-suite and lenders with clear, actionable insight.
Coordinate closely with lenders and internal/external counsel on treasury‑related sections of credit agreements, cash management requirements, reporting packages, and ongoing compliance.
Manage liquidity and risk in a commercial aerospace environment with significant parts inventory (including rotables, repairables, new parts), long lead times and long repair cycles, and complex commercial arrangements.
The Treasury Director of Operations is a senior individual contributor role responsible for establishing and leading the global treasury function for a multi-entity, multi-currency commercial aerospace organization engaged in parts trading, MRO, and aircraft, engine, and component leasing. This role blends hands-on execution with strategic leadership across cash and liquidity management, banking and lender relationships, and financial risk management. This is a standalone position with no direct reports initially, working closely with FP&A and Accounting teams. This role reports directly to the Chief Financial Officer (CFO).
Responsibilities:
Own and manage daily global cash positioning, including monitoring bank balances, funding operating accounts, managing cash sweeps, and optimizing use of revolving credit facilities.
Work with FP&A team to prepare short‑ and medium‑term cash flow and liquidity forecasts (weekly, monthly, and longer horizon - 13 week), working closely with CFO, FP&A and Accounting to align forecasts with business plans, capex, lease flows, and working capital requirements globally.
Work with CFO and FP&A team to manage working capital from a treasury perspective in a parts inventory, MRO and aircraft leasing environment, ensuring sufficient liquidity to support trading activity and MRO activity and a dynamic cash cycle while minimizing idle cash.
Execute and approve payments and receipts (wires, ACH, FX settlements, intercompany transfers) in line with delegated authorities and controls and oversee bank reconciliations in coordination with global accounting AR and AP teams.
Establish, document, and maintain treasury policies, procedures, and control frameworks appropriate for a private company, including segregation of duties using existing finance resources.
Jointly administer with Controller and legal teams, all bank accounts and banking platforms globally: openings/closings, signatories, user access and entitlements, KYC/AML documentation, and bank fee reviews.
Select, implement, and directly use a Treasury Management System (TMS) or other bespoke tools to improve visibility, automation, and control over cash, forecasts, and exposures.
Ensure robust control over cash, investments, and financial instruments, and support any SOX‑like or lender‑driven control requirements.
Act as the treasury lead for the transition from an ABL facility to a cash‑flow‑based revolver, owning the treasury workstream across structuring, documentation, and operationalization.
Design and implement processes and reporting to support a covenant‑driven revolver (e.g., leverage ratio, fixed‑charge coverage, minimum liquidity), replacing borrowing‑base mechanics as the primary capacity constraint.
Build, maintain, and continuously refine practical dashboards and analytics for liquidity, revolver availability, covenant headroom, and early‑warning indicators, providing the CFO and C-suite and lenders with clear, actionable insight.
Coordinate closely with lenders and internal/external counsel on treasury‑related sections of credit agreements, cash management requirements, reporting packages, and ongoing compliance.
Manage liquidity and risk in a commercial aerospace environment with significant parts inventory (including rotables, repairables, new parts), long lead times and long repair cycles, and complex commercial arrangements.
Qualifications:
Bachelor's degree in Finance, Accounting, Economics, or related field; MBA, CPA, CFA, or CTP strongly preferred.
10 years of progressive experience in corporate treasury, investment or corporate banking, corporate finance, or related roles, including substantial hands‑on cash management and liquidity forecasting.
Experience operating in a privately held or sponsor‑backed company with at least mid‑market scale (ideally $500M revenue; preference for ~$1B and global footprint).
Preferred demonstrated experience leading or being the primary treasury owner on a t
Responsibilities:
Own and manage daily global cash positioning, including monitoring bank balances, funding operating accounts, managing cash sweeps, and optimizing use of revolving credit facilities.
Work with FP&A team to prepare short‑ and medium‑term cash flow and liquidity forecasts (weekly, monthly, and longer horizon - 13 week), working closely with CFO, FP&A and Accounting to align forecasts with business plans, capex, lease flows, and working capital requirements globally.
Work with CFO and FP&A team to manage working capital from a treasury perspective in a parts inventory, MRO and aircraft leasing environment, ensuring sufficient liquidity to support trading activity and MRO activity and a dynamic cash cycle while minimizing idle cash.
Execute and approve payments and receipts (wires, ACH, FX settlements, intercompany transfers) in line with delegated authorities and controls and oversee bank reconciliations in coordination with global accounting AR and AP teams.
Establish, document, and maintain treasury policies, procedures, and control frameworks appropriate for a private company, including segregation of duties using existing finance resources.
Jointly administer with Controller and legal teams, all bank accounts and banking platforms globally: openings/closings, signatories, user access and entitlements, KYC/AML documentation, and bank fee reviews.
Select, implement, and directly use a Treasury Management System (TMS) or other bespoke tools to improve visibility, automation, and control over cash, forecasts, and exposures.
Ensure robust control over cash, investments, and financial instruments, and support any SOX‑like or lender‑driven control requirements.
Act as the treasury lead for the transition from an ABL facility to a cash‑flow‑based revolver, owning the treasury workstream across structuring, documentation, and operationalization.
Design and implement processes and reporting to support a covenant‑driven revolver (e.g., leverage ratio, fixed‑charge coverage, minimum liquidity), replacing borrowing‑base mechanics as the primary capacity constraint.
Build, maintain, and continuously refine practical dashboards and analytics for liquidity, revolver availability, covenant headroom, and early‑warning indicators, providing the CFO and C-suite and lenders with clear, actionable insight.
Coordinate closely with lenders and internal/external counsel on treasury‑related sections of credit agreements, cash management requirements, reporting packages, and ongoing compliance.
Manage liquidity and risk in a commercial aerospace environment with significant parts inventory (including rotables, repairables, new parts), long lead times and long repair cycles, and complex commercial arrangements.
Qualifications:
- Bachelor's degree in Finance, Accounting, Economics, or related field; MBA, CPA, CFA, or CTP strongly preferred.
- 10 years of progressive experience in corporate treasury, investment or corporate banking, corporate finance, or related roles, including substantial hands‑on cash management and liquidity forecasting.
- Experience operating in a privately held or sponsor‑backed company with at least mid‑market scale (ideally $500M revenue; preference for ~$1B and global footprint).
- Preferred demonstrated experience leading or being the primary treasury owner on a transition from an ABL facility to a cash‑flow‑based revolver, including design of new processes, reporting, and covenant‑monitoring tools.
- Strong understanding of credit agreements and financial covenants (leverage ratios, fixed‑charge coverage, minimum liquidity, restricted payments, etc.), and comfort interacting directly with lenders and their advisors.
- Industry or adjacent experience in commercial aerospace, parts trading, MRO, aircraft/engine/component leasing, or complex industrial and trading profiles
- Proven ability to operate as a senior standalone practitioner: equally comfortable running daily cash, building models/dashboards, and engaging in high‑level discussions with lenders, sponsors, and the CFO/board.
- High proficiency in Excel and strong familiarity with ERPs, bank platforms, and (ideally) a TMS; bias toward automation and process improvement.
- Excellent communication skills, with the ability to explain complex treasury and covenant topics in clear, practical language to non‑treasury stakeholders.
The Treasury Director of Operations is a senior individual contributor role responsible for establishing and leading the global treasury function for a multi-entity, multi-currency commercial aerospace organization engaged in parts trading, MRO, and aircraft, engine, and component leasing. This role blends hands-on execution with strategic leadership across cash and liquidity management, banking and lender relationships, and financial risk management. This is a standalone position with no direct reports initially, working closely with FP&A and Accounting teams. This role reports directly to the Chief Financial Officer (CFO).
Responsibilities:
Own and manage daily global cash positioning, including monitoring bank balances, funding operating accounts, managing cash sweeps, and optimizing use of revolving credit facilities.
Work with FP&A team to prepare short‑ and medium‑term cash flow and liquidity forecasts (weekly, monthly, and longer horizon - 13 week), working closely with CFO, FP&A and Accounting to align forecasts with business plans, capex, lease flows, and working capital requirements globally.
Work with CFO and FP&A team to manage working capital from a treasury perspective in a parts inventory, MRO and aircraft leasing environment, ensuring sufficient liquidity to support trading activity and MRO activity and a dynamic cash cycle while minimizing idle cash.
Execute and approve payments and receipts (wires, ACH, FX settlements, intercompany transfers) in line with delegated authorities and controls and oversee bank reconciliations in coordination with global accounting AR and AP teams.
Establish, document, and maintain treasury policies, procedures, and control frameworks appropriate for a private company, including segregation of duties using existing finance resources.
Jointly administer with Controller and legal teams, all bank accounts and banking platforms globally: openings/closings, signatories, user access and entitlements, KYC/AML documentation, and bank fee reviews.
Select, implement, and directly use a Treasury Management System (TMS) or other bespoke tools to improve visibility, automation, and control over cash, forecasts, and exposures.
Ensure robust control over cash, investments, and financial instruments, and support any SOX‑like or lender‑driven control requirements.
Act as the treasury lead for the transition from an ABL facility to a cash‑flow‑based revolver, owning the treasury workstream across structuring, documentation, and operationalization.
Design and implement processes and reporting to support a covenant‑driven revolver (e.g., leverage ratio, fixed‑charge coverage, minimum liquidity), replacing borrowing‑base mechanics as the primary capacity constraint.
Build, maintain, and continuously refine practical dashboards and analytics for liquidity, revolver availability, covenant headroom, and early‑warning indicators, providing the CFO and C-suite and lenders with clear, actionable insight.
Coordinate closely with lenders and internal/external counsel on treasury‑related sections of credit agreements, cash management requirements, reporting packages, and ongoing compliance.
Manage liquidity and risk in a commercial aerospace environment with significant parts inventory (including rotables, repairables, new parts), long lead times and long repair cycles, and complex commercial arrangements.
Qualifications:
Bachelor's degree in Finance, Accounting, Economics, or related field; MBA, CPA, CFA, or CTP strongly preferred.
10 years of progressive experience in corporate treasury, investment or corporate banking, corporate finance, or related roles, including substantial hands‑on cash management and liquidity forecasting.
Experience operating in a privately held or sponsor‑backed company with at least mid‑market scale (ideally $500M revenue; preference for ~$1B and global footprint).
Preferred demonstrated experience leading or being the primary treasury owner on a t
All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance.
Salary : $175,000