Treasurer

Posted 6 Days Ago
Be an Early Applicant
Bethesda, MD
230K-268K Annually
Senior level
Energy
The Role
The Treasurer will lead the treasury team, manage the company's capital structure and banking relations, ensuring liquidity and compliance with debt covenants. The role involves reporting on cash flow, risk management, and insurance strategies, as well as optimizing the company's financial position and mitigating financial risks.
Summary Generated by Built In

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.

#LI-WB1

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.

Top Skills

Accounting
Finance
The Company
Ahoskie, NC
605 Employees
On-site Workplace

What We Do

Enviva is a leading global energy company specializing in sustainable wood bioenergy. We are the world’s largest producer of sustainable wood pellets, a renewable alternative to coal and part of an all-in renewables strategy to reduce carbon emissions, limit dependence on fossil fuels, and mitigate climate change.

Enviva supports more than 1,000 jobs across the globe, owns and operates nine wood pellet production plants that are strategically located across the southeastern region of the United States, and exports our wood pellets from five deep water export terminals to our customers all over the world. Our operations are strategically located in the regions with well-managed and increasing forest inventory, strong infrastructure, and talented local workforce. We have corporate offices in the U.S., UK, Germany, and Japan, with teams and associates dedicated to managing and growing our global enterprise.

Enviva exists to displace coal, grow more trees, and fight climate change.

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