Sr. Director, Treasury and Insurance

Become part of an iconic brand that is set to revolutionize the electric pick-up truck & rugged SUV marketplace by achieving the following:

The Sr. Director of Treasury and Insurance will lead all Treasury activities for Scout Motors, ensuring robust liquidity management, capital structure management across different legal entities, and both front and back-office infrastructure scaling as the company approaches start of production. It is also responsible for fostering key banking and captive finance relationships in a capital-intensive environment.

This role is heavily focused on Treasury Operations and also provides executive steering of the Insurance and Risk team, which has robust day-to-day operations and similar scaling responsibilities. The role is responsible for supporting a high-growth, capital-intensive automotive startup by building and managing best-in-class treasury infrastructure, banking relationships, and risk frameworks.

Key Responsibilities

• Advance and execute the company's overall treasury strategy, including cash management, debt financing, investment, and risk management
• Build and provide leadership to the Treasury and Insurance teams and oversee daily operations
• Monitor, manage, and report the company's cash flows to ensure adequate liquidity for operations, investments, and debt servicing for entities in the United States and Canada
• Manage the company's debt portfolio, including issuing, refinancing, and retiring debt, seeking to reduce financing costs and improve financial flexibility
• Implement cash forecasting processes to optimize cash utilization strategies
• Develop and implement risk management strategies to mitigate financial exposure, including foreign exchange and interest rate risks
• Negotiate favorable terms and conditions for banking services, credit facilities, and other treasury-related agreements
• Establish and implement policies, controls, and systems, in alignment with corporate standards
• Maintain and nurture relationships with banking partners, financial institutions, and credit rating agencies
• Direct the oversight of the company's insurance portfolios, including assessing coverage needs, managing relationships with brokers and carriers, and optimizing strategies with various business departments to mitigate risks
• Maintain and expand relevant functional systems and technology to improve efficiency and accuracy in treasury operations

Location & Travel Expectations:

• This role may be based out of the Scout Motors corporate headquarters in Charlotte, NC. 
• This role requires 4-5 days per week in the office, with regular in-person meetings and events. 
• Applicants should expect that the role will require the ability to convene with Scout colleagues in person and travel to participate in events on behalf of the company from time to time.
• Occasional business travel (mostly domestic, occasionally international) to other locations will be required.

We expect all Scout employees to have integrity, curiosity, resourcefulness, and strive to exhibit a positive attitude, as well as a growth mindset. You’ll be comfortable with change and flexible in a fast-paced, high-growth environment. You’ll take a collaborative approach to achieve ambitious goals. Here's what else you'll bring:

• Education/Certifications: A bachelor’s degree in finance, accounting, or a related field (advanced degree or CTP designation is a plus).
• Years of Experience required in type of role: 15+ years of experience in Treasury and Financial operations, preferably in an manufacturing and product-based industry with significant management experience.
• Strong written and verbal communication skills with the capability to explain complex financial concepts to non-experts and present to senior management and stakeholders
• Expert knowledge of financial and treasury principles, including cash management, debt financing, risk management, investment strategies, and insurance oversight
• Strong analytical and problem-solving skills, with the ability to make informed financial decisions
• Leadership and team management abilities, with a track record of building and leading high-performing teams
• Ability to influence and collaborate across functions, including Legal, Operations, Logistics, IT, Sales Operations, and external advisors
• Detail-oriented, with a commitment to accuracy and thoroughness in financial reporting and compliance
• Proficiency in treasury management systems (SAP TRM), ERP software (SAP FI/CO), Microsoft Excel, PowerBI, and online banking portals
• Adaptability to changing financial regulations, industry trends, and technology

The benefits of joining Scout include the chance to build products and a company from the ground up.  This is a chance to create something new and lasting – with an iconic brand at its foundation.  In addition, Scout provides competitive compensation and benefits to support your physical, mental, and financial wellbeing. Program specifics are detailed in company policies and employee benefit guides, select highlights:

• Competitive insurance including:
  • Medical, dental, vision and income protection plans
• 401(k) program with:
  • An employer match and immediate vesting
• Generous Paid Time Off including:
  • 20 days planned PTO, as accrued
  • 40 hours of unplanned PTO and 14 company or floating holidays, annually
  • Up to 16 weeks of paid parental leave for biological and adoptive parents of all genders
  • Paid leave for circumstances related to bereavement, jury duty, voting time, or military leave
• Corporate Vehicle Program with:
  • Eligibility for 1 assigned vehicle
  • A mobility stipend

This is a full-time, exempt position eligible to receive a base salary and to participate in an annual performance bonus program. Final salary offered will be determined based on factors including but not limited to the candidate's skills and experience. The annual performance bonus program is preset and not candidate dependent.

Initial Base Salary Range: $210,000.00 - $255,000.00

Internal Leveling Code: M5