Treasurer
The Enviva team is driven by our shared vision for a renewable energy future. We are a fast-growing, purpose-driven, global energy company specializing in delivering sustainable wood bioenergy solutions. We are the world’s largest producer of sustainable wood pellets, which provide a low-carbon alternative to fossil fuels.
The Treasurer will be a strategic financial leader for Enviva responsible for the company’s capital structure, risk assessments, and covenant reporting while managing all aspects of treasury activities. The Treasurer will ensure that Enviva has sufficient liquidity and the banking structure needed to support operations. Partnering with internal stakeholders to identify, measure and mitigate risks, the Treasurer will own the corporate insurance program and develop and execute strategies to hedge against fluctuations in foreign currencies, interest rates and commodity prices. The Treasurer will maintain excellent relationships with banking partners, insurance companies, and ratings agencies and consistently seek opportunities to optimize the company’s liquidity and capital structure while managing and reducing risk.
Responsibilities
Leadership & Team Management
- Lead and develop the treasury team, ensuring alignment with organizational financial strategies.
- Collaborate with departments such as finance, accounting, and legal to support overall financial objectives.
Banking and Financial Institution Relations
- Build and maintain strong banking relationships, negotiate fees, and secure access to financial services.
- Ensure access to necessary capital through loans, credit lines, letters of credit, equipment leasing programs and other financial instruments.
Treasury Operations & Systems
- Develop and implement efficient treasury policies, procedures, and best practices.
- Automate processes, enhance reporting, and minimize errors.
Reporting and Analysis
- Provide liquidity, cash flow, risk management, and investment reports to the CFO, CEO, board, and other stakeholders.
- Collaborate with finance and senior management to align treasury activities with long-term company goals.
Cash and Liquidity Management
- Manage short- and long-term liquidity planning and execution.
- Oversee cash flow forecasting to ensure liquidity meets operational needs.
- Balance cash, accounts receivable, and accounts payables to maximize fund utilization and optimize working capital investment.
- Develop cash management strategies and forecasts for optimal cash positions, including the use of letters of credit.
- Maintain banking relationships to support cash operations.
Debt Management
- Oversee debt portfolio, including issuance, refinancing, and repayment strategies.
- Ensure compliance with all debt reporting requirements and covenants.
- Maintain creditor and rating agency relationships.
Risk Management
- Identify and mitigate financial risks such as interest rate, credit, commodity price, and foreign exchange risks.
- Lead the credit evaluation process for all existing and potential customer and vendor relationships.
- Develop risk management policies and utilize financial instruments and derivatives for hedging.
- Manage hedging portfolio including trade execution and all related documentation and reporting.
- Lead the annual insurance program strategy balancing cost with risk management ensuring that policies are adequate to protect assets and financial positions.
Financial Reporting and Compliance
- Ensure accurate and timely reporting of treasury activities.
- Enforce internal controls to safeguard against fraud and mismanagement.
Qualifications
- Bachelor's degree in Finance, Accounting, Business, or related field.
- 7+ years of experience in treasury with demonstrated success in leading teams.
- Existing relationships with several banks including lending, treasury services, derivatives, etc.
- Experience leading a debt covenant compliance and reporting process.
- Experience leading an insurance program including property, work comp, and D&O policies.
- Advanced Excel proficiency and strong attention to detail.
Preferred Qualifications - What Will Set You Apart
- 5+ years of management experience, with a preference for multi-level reporting structures.
- Advanced knowledge of finance and accounting (balance sheets, income statements, cash flows, etc).
- Expertise in credit evaluations, structured finance and risk management.
- In-depth knowledge of banking and capital markets, including corporate finance.
- MBA preferred.
Travel requirements
- Ability to travel 10% of the time.
Physical Requirements
- Ability to safely and successfully perform the essential job functions consistent with the ADA.
- Able to work on computer screen format for up to twelve (12) hours a day.
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Other compensation: performance bonus, equity, and relocation assistance for eligible candidates.
Benefits:
- Medical, dental, vision, life, and disability insurance
- Education reimbursement
- 401(k)
- HSA employer contributions
- Paid time off.
- 12 Paid holidays.
- Parental leave
The final pay offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and years of experience within the job, the type of years and experience within the industry, education, training, etc.
Salary Range
$229,500 - $267,750 USD
EEO Statement
Enviva is dedicated to the principles of equal employment opportunity (EEO) in any term, condition or privilege of employment. Enviva does not discriminate against applicants or employees on the basis of race, color, creed, religion, sex, national origin, age, physical or mental disability, ancestry, marital status, sexual orientation, gender identity or expression, veteran status, uniform service member, genetic information or any other status protected by law. Enviva complies with applicable state and local laws governing nondiscrimination in employment in every location in which we operate.
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