Director of Treasury

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Job Title: Director of Treasury

Salary Range: $125,000 - $150,000 annually

Bonus: 20% target

Location: Denver, CO (On-Site, 865 N Albion Street, Denver, CO 80220)

Position Objective

As the Director of Treasury at Schwazze, you will play a crucial role in overseeing our financial operations and ensuring the efficient management of financial resources in the cannabis industry.  You will be responsible for developing and implementing strategies to optimize cash management, mitigate financial risks and drive profitability.  The Director of Treasury will be responsible for providing strategic leadership for all treasury functions including performance improvement of working capital, cash management and banking administration for the company.  The Director of Treasury will oversee and mitigate company risk exposure, manage short-term borrowing and debt administration. 

Major Functions

Cash Management

• Manage day-to-day cash flow, ensuring optimal liquidity for operations and investments.
• Monitor and project cash needs to support business growth and expansion.
• Implement cash management strategies to maximize returns on surplus funds.

Risk Management

• Identify, assess, and mitigate financial risks, including credit risk, market risk and regulatory compliance.
• Develop and execute risk management strategies to safeguard the company’s financial assets.

Financial Reporting

• Prepare and analyze financial reports, budgets, and forecasts.
• Provide insights and recommendations for improving financial performance.
• Ensure compliance with industry-specific accounting standards and regulations.

Banking Relationships

• Manage relationships with financial institutions, negotiate banking terms, and maintain banking services agreements.
• Optimize banking and payment processes to streamline financial operations.

Investment Strategy

• Develop and execute investment strategies for surplus funds in compliance with industry regulations.
• Monitor and evaluate investment performance and make necessary adjustments.

Compliance and Regulatory Oversight

• • Stay up-to-date with cannabis industry regulations and ensure compliance in all financial institutions.
  • Collaborate with legal and compliance teams to address regulatory requirements.