Director of Treasury

Facebook - Menlo Park, CA4.2

Full-time
Facebook's mission is to give people the power to build community and bring the world closer together. Through our family of apps and services, we're building a different kind of company that connects billions of people around the world, gives them ways to share what matters most to them, and helps bring people closer together. Whether we're creating new products or helping a small business expand its reach, people at Facebook are builders at heart. Our global teams are constantly iterating, solving problems, and working together to empower people around the world to build community and connect in meaningful ways. Together, we can help people build stronger communities — we're just getting started.
Facebook is seeking to fill the position of Director of Treasury. The successful candidate will be a thought leader with a proven record of leading a global treasury team. The Director will manage a high performing team supporting Facebook’s businesses, partnering closely with a number of cross-functional and cross-finance stakeholders. The successful candidate will have had experience driving complex projects across multiple office locations. They need to be hands-on as well as strategic, able to manage daily operations while foreseeing and planning for the company's future needs. This full-time position is located in our Menlo Park headquarters and will report to the Treasurer and VP Corporate Finance.
RESPONSIBILITIES
Build and maintain relationships with financial institutions supporting our global treasury infrastructure.
Support opening of bank accounts and establishment of services across banking partnerships.
Continually focus on process improvement and automation, increasing our ability to scale and leverage our team and infrastructure.
Coordinate closely with tax, accounting, and corporate finance functions to manage cash balances and funding in support of business needs.
Responsible for daily cash management operations, including intercompany funding, cash pooling, working capital management, etc.
Partner closely with internal product and business teams to support and enable business decisions and initiatives.
Develop and implement policies and procedures related to treasury operations and systems, with particular focus on threats to the security of company assets.
Ensure activities operate in compliance with internal controls.
Develop and maintain reporting related to foreign currency exposures, and surface insights to leadership related to risk mitigation strategies.
Lead, coach, and develop individuals within Treasury team.
Periodic global travel required.
MINIMUM QUALIFICATIONS
15+ years experience in multi-national corporate treasury environment
Bachelor's degree
Management experience, with experience leading and managing a globally distributed team
Foreign currency trading experience
Knowledge of GAAP accounting related to foreign currency and investments
Experience building collaborative relationships with stakeholders from across the company and influencing them without authority
Communication experience to coordinate processes across multiple stakeholders across the Finance organization
Experience in getting hands-on with various systems, tools, and analyses in an individual contributor capacity
PREFERRED QUALIFICATIONS
Experience with a fast-paced, always-on, frequently ambiguous start-up environment