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Albemarle Corporation

Vice President, Corporate Treasurer

Albemarle Corporation, Charlotte, North Carolina, United States, 28245


Be an essential element to a brighter future.We work together to transform essential resources into critical ingredients for mobility, energy, connectivity and health. Join our values-led organization committed to building a more resilient world with people and planet in mind. Our

core values

are the foundation that make us successful for ourselves, our customers and the planet.Job Description

The Role

Reporting to the Chief Financial Officer for the company, the Vice President, Corporate Treasurer will have overall responsibility for the strategic leadership and oversight of the company’s treasury function for our dynamic, growing company. This position is based at our Charlotte, North Carolina headquarters, and serves as a member of the Finance Leadership Team.The Vice President, Corporate Treasurer will be responsible for designing and implementing world-class strategies and processes and incorporating financial acumen to lead the Treasury organization as a strategic partner in supporting business performance, earnings growth and shareholder return. Specifically, the role will oversee all activities in the Capital Markets and Funding, Cash and Liquidity Management, Treasury Operations and Controls, Financial Risk Management, Customer Credit and Benefits Assets Investments.The successful candidate will ensure Albemarle Corporation has the cash and liquidity to meet its financial obligations and will lead raising funds from banks, as well as debt and equity capital markets. Additionally, the Corporate Treasurer is charged with developing and implementing hedging strategies in areas such as foreign exchange, commodities and interest rates. This role will also include involvement with risk management, insurance, customer credit and pensions.Principal Responsibilities

Provide agile leadership and strategic direction of the Treasury function to ensure financial flexibility and optionality of the Company.Liaise with the Audit & Finance Committee of the Board of Directors.Partner with the CEO and CFO to develop a Capital Structure and Deployment Strategy, communicate and take counsel from the Audit & Finance Committee and Board of Directors on the strategy, and execute against it.Lead effective and efficient forecasting and cash management to ensure the company has adequate liquidity and to support M&A activity.Develop appropriate reporting and modeling capabilities required to support short-term and long-term liquidity forecasting needs, working closely with corporate FP&A.Develop and cultivate strong relationships with banks, rating agencies, and internal stakeholders.Direct the foreign exchange exposure management through cash flow, balance sheet and net investment hedging programs; develop and lead risk management activities around foreign exchange, interest rates, and commodity hedging.Develop processes to keep senior leadership informed on key treasury issues, risks, and compliance activities.Collaborate with internal stakeholders to maintain subsidiaries’ capital structures consistent with business, tax and regulatory requirements.Act as Treasury liaison internally for leasing analysis of property, plant and equipment.Develop and oversee customer credit policies and decisions.Develop and oversee pension benefit investment strategies.Lead the development and succession activities of Treasury team members.Foster a culture of continuous improvement and innovation.Develop partnerships across the Company to liaise with global business units, accounting, tax, legal and other areas as appropriate.Manage Treasury policies and procedures to ensure a strong control environment.Monitor quarterly and annual compliance with loan agreements.Develop strategies and plans to automate Treasury function activities through systems and processes that result in enhanced controls and productivity.Candidate Profile

The successful candidate must be an experienced and skilled financial executive with at least 15 years of experience within the Finance function of a global, capital-intensive public corporation, ideally one that is publicly-traded. This leader must have a track record of building trust and operating effectively within a dynamic and changing organization.Bachelor’s degree in Finance, Accounting or related field. Master’s degree in business administration is highly preferred but not required. CTP, CFA, and/or CPA certifications are a plus.Deep experience with risk management and financial flexibility in a capital intensive, fast growing environment.Experience with liquidity/cash management, debt, and equity capital markets with experience managing complex banking and organizational structures and working with banking systems.Deep background in treasury, economics, foreign exchange, commodities and accounting on a multi-national level with an emphasis on leadership and decision making.Strong financial acumen, knowledge of financial processes, ability to produce, read, interpret, and analyze financial statements.Proactive, thoughtful people leadership with excellent communications skills, a bias for action and the ability to challenge and engage a global finance organization.Resiliency and ability to pivot strategic imperatives to align to dynamic market conditions.Ability to stay current with relevant industry regulations, compliance, and standards.Ability to build relationships and instill confidence and trust with executive management and external stakeholders.Strong attention to detail yet also able to see overall picture.Unquestionable integrity and business judgment.At Albemarle, we embrace the diversity of experience, talent, and thought. We work hard to create an inclusive work environment that empowers you to openly and honestly communicate, create and innovate. Your career will have global reach. Your decision to join our team will be rewarded with a positive, team-oriented workplace that inspires personal and professional growth. We will make every effort to support your career goals and create opportunities for you to realize your full potential. This is our culture. This is our commitment.We are partners to one another in pioneering new ways to be better for ourselves, our teams, and our communities. When you join Albemarle, you become our most essential element and you can anticipate competitive compensation, a comprehensive benefits package, and resources that foster your well-being and fuel your personal growth. Help us shape the future, build with purpose and grow together.

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