Director, Treasury

Overview

The Director, Treasury leads the organization’s treasury operations, ensuring optimal cash flow, liquidity, and financial risk management. This strategic, hybrid role oversees cash management, debt and capital management, compliance, and banking relationships, while driving process improvements and supporting business initiatives such as mergers and acquisitions. The Director partners with internal and external stakeholders to ensure compliance, maximize financial performance, and support the company’s growth objectives.

Primary Responsibilities:

• Treasury Operations & Cash Management:

Direct all aspects of daily treasury operations, including cash positioning, cash reporting for U.S. and Canada, wire transfers, fraud prevention, armored car relationships, check deposits, share repurchase, and oversight of direct reports. Ensure all business units have sufficient liquidity and that treasury processes are efficient, accurate, and compliant.

• Strategic Financial Management & Reporting:

Lead the management and analysis of the company’s debt, credit facilities, capital management, investment assets (including COLI), and key treasury metrics. Oversee the preparation and review of treasury-related reports for SEC filings (10Q/10K), and present findings to senior leadership and auditors.

• Compliance, Controls & Risk Management:

Ensure treasury function compliance with all applicable laws, regulations, and internal policies, including Sarbanes-Oxley (SOX) requirements. Maintain strong internal controls, process audit requests, and provide clear documentation and explanations to internal and external auditors.

• Banking, Vendor & Stakeholder Relationships:

Manage and strengthen relationships with banks and financial vendors, including account management, signatory updates, fee analysis, and contract negotiations. Collaborate with subsidiaries and cross-functional teams to support financing strategies, M&A activities, and integration of new business units.

• Process Improvement & Cash Flow Optimization:

Drive continuous improvement in treasury processes and systems (including Oracle ERP), identify and implement cost savings opportunities, and optimize free cash flow and interest management. Lead or support special projects such as supply chain financing, leasing, and other treasury initiatives.

Education and Experience:

Level of Formal Education: Bachelor's degree or equivalent experience

Area of Study: Finance, Accounting, or related disciplines.

Minimum Years of Experience: 10Type of Experience:

• Minimum 8-10 years of progressive experience in treasury or related financial management roles, including management experience.

• Expertise in banking or treasury operations, such as currency and hedging tools, account reconciliation, cash management, and banking products/services.

• Retail background is a plus.

Special Certifications: Certified Treasury Professional (CTP) credential a plus

Technical Competencies & Information Systems:

• Microsoft Word, PowerPoint, Excel, Outlook

• FXALL Currency Trading Tool

• Microsoft Teams

• Oracle ERP System (SmartView/Hyperion)

Skills & Abilities:

• Knowledge of banking and cash management

• Strong written and verbal communication skills

• Organization and project management skills

• Analytical and problem-solving abilities

• Ability to multi-task in a busy work environment

• Drive for results and decision quality

Additional Language Skills: Fluency in English required, both oral and written, for effective communication and collaboration across the organization.

Personal Attributes & Other/Preferred:

• Positive and engaging

• Detail oriented

• Integrity, accountability, and trust

• Passion for the brand, products, services, and solutions

• Desire to continually develop skills and product knowledge

• Patience

About The Office Depot Group: The Office Depot Group, through its business entities Office Depot Business and Office Depot, is a leading provider of products, services, and technology solutions through an integrated business-to-business (B2B) distribution platform and omnichannel presence, which includes world-class supply chain and distribution operations, dedicated sales professionals, online presence, and a network of Office Depot and OfficeMax retail stores.

Commitment to Safety: We are committed to maintaining a safe and healthy work environment for our Coworkers and our customers. All Coworkers are expected to support our operational safety culture by working safely and addressing potential hazards or concerns.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by Coworkers assigned to this classification and are not intended to be a complete list of all responsibilities, duties and skills required of Coworkers so classified. Other duties may be assigned.

Pay, Benefits & Work Schedule: The salary range for this role is $127,800/year to $200,000/year, however all state and local minimum wages will be complied with, resulting in a possible adjustment to the salary range displayed. The company offers competitive salaries, a benefits package, which includes a 401(k) and more, along with plenty of opportunities to move and grow within our organization! You may be eligible to participate in an incentive program, paid in accordance with the Incentive Plan terms and conditions.

Equal Employment Opportunity: The company is committed to providing equal employment opportunities in all employment practices. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, citizenship status, marital status, age, disability, protected veteran status, sexual orientation or any other characteristic protected by law.

We will consider for employment qualified applicants with arrest and conviction records pursuant to the City & County of San Francisco Fair Chance Ordinance.

Application Deadline: The job posting will remain open for a minimum of 3 days and will expire once the position has been filled.

How to Apply: Click the “Apply Now” button and follow the instructions on each page. When you have completed the application, click the “Submit” button.

REQNUMBER: 106295