Arrow International is the world's largest manufacturer and supplier of charitable gaming products and solutions. We produce and distribute a wide array of products including consumables (pull tab tickets, bingo paper and ink, etc.) as well as world class, state-of-the-art, electronic gaming products. Our products are sold, installed, and operated in numerous social and gaming venues around the world. We continue to grow at a record pace and offer this exciting career opportunity to join our team where we are focused on attracting and engaging exceptional talent, empowering colleagues to achieve fulfilling careers, and creating fun and engaging products that are second to none for our customers.  This is an on-site role.

Position Summary

The Director, Treasury & Risk Management will manage the Company’s treasury operations, as well as its insurance risk and enterprise risk management programs. Key responsibilities include:  directing and oversight of cash management & forecasting; ensuring adequate liquidity for operational and strategic needs; and leading global insurance renewals and quarterly risk management process. The position will have direct responsibility for a full time Senior Treasury Analyst. 

Primary Roles and Responsibilities

Treasury Operations

• Manage daily cash positioning and 13-week rolling cash flow forecasting to minimize borrowing costs. Actively monitor and assess the cash forecast, analyzing differences between forecast and actuals, coordinating with accounting and financial analysis teams as required to support cash flow-related management and Board reporting. 
• Work with affiliated Distributors to ensure excess cash is distributed timely to corporate.
• Establish and maintain banking relationships, compliance with credit facilities, and manage bank fee structures.
• Provide recommendations for revolving credit facility borrowings and repayments on a timely basis to ensure that cash flow is adequate to support business needs and that debt balances are managed to reduce costs. 
• Ensure outgoing wire transfers and ACH’s are executed on a timely basis within the Company’s internal control framework. 
• Review bank account structure and make recommendations for increased efficiency. Prepare a regular bank fee analysis that can be used by the Company to assess banking relationships and cost saving opportunities. 
• Implement global treasury systems and controls. 
• Lead pre- and post-acquisition integration activities to ensure continuity of payment and receipt processing.
• Manage the Company’s expense reporting system (Certify/Emburse).
• Mange the Company’s corporate/purchasing card program, including monthly reporting of spend to functional leaders and adherence to required documentation retention standards.
• Provide support to Accounting and FP&A on ad hoc/special projects. 

Risk Management

• Lead the renewal process for all global insurance programs, quantify risk exposures, and work closely with the insurance brokers on activities which include domestic and international exposures and insurance related issues.
• Evaluate and assess corporate insurance programs, including liability, property, D&O, and other coverage, to identify areas for improvement in terms of cost and coverage.
• Manage and oversee annual data gathering process for all lines of insurance including completion of required applications.
• Oversee the maintenance and distribution of certificates of insurance.
• Partner with internal business units and Legal on claims management and resolution
• Maintain policies and procedures to manage and mitigate risk across the organization effectively.
• Quarterly, update risk register for new, emerging and changes in enterprise risk management. 

Education and Experience

• Education: Bachelor’s Degree in: Accounting, Finance, Business Administration, Math, Systems or other analytical area of study. 
• Experience: +7 years of relevant work experience (in addition to education requirement). 
• An advanced degree (MBA/Macc) or certification (CPA/CMA/CFA) preferred, but not required 

Other Knowledge, Skills Or Abilities Required

• Self-motivated individual that works well as part of a team but is also able to be a strong individual contributor. 
• Ability to work in a fast-paced environment 
• Experience with acquisitions or multi-site integrations 
• Proficient with Excel, PowerPoint, word processing and Adobe. 
• Strong organizational skills to plan and prioritize workflow. 
• Experience preparing analysis and presentations for the C-Suite
  

PHYSICAL DEMANDS/WORKING CONDITIONS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential job functions.

• Specific vision abilities required by this job include close vision, distance vision, peripheral vision, and ability to adjust focus.
• The noise level in the work environment is low.
• May be required to sit for long and/or extended periods of time.