Job Description

Summary:

The Associate Treasury Director will report to the Treasurer with recurring interaction with company leadership and stakeholders throughout the global enterprise.  Our ideal candidate must have the gravitas to positively lead within the department, engage positively with stakeholders and have excellent communication and presentation skills (both building the presentations and delivering them as needed). Our ideal candidate should not only have experience in this space but with the following materiality thresholds:  global revenue of $20B to $40B, long term public debt between $20B to $40B, revolving credit facility between $5B to $10B, commercial paper program of $1B to $2B, operating in 40+ countries and managing 20+ currencies with both manufacturing and distribution, as well as geographic earnings dispersion of 50 / 50 (US and OUS, with experience in emerging markets).

Areas of Responsibilities:

As the title suggests, this role is externally focused with particular attention to Foreign Exchange, Fixed Income Investors, Capital Allocation, Rating Agencies, Board and Committee Presentations, M&A and other topics related to the same.  The technical skills required to be successful in this role are substantial and listed below.  Equally important, however, the successful candidate will have a high degree of emotional intelligence and work well across the enterprise but particularly at the most senior levels of the company on complex and time sensitive topics.

*Primary Responsibility:

Foreign Exchange and Dodd Frank 

Lead all aspects of the annual presentation to the audit committee related to the company’s global FX exposures Work with others in the department to reassess the company’s cash flow at risk to build out hedging program including forecast accuracy assessment, cost of hedging, tenor, volatility and changes to business strategy across $9B derivative portfolio and communicate the same to leadership / audit committee

*Additional Responsibilities:

Rating Agencies and Fixed Income Investor Strategy

Own all three rating agency relationships including quarterly earnings call updates and annual in person meetings in NY with senior leadership Design, evaluate and implement a robust fixed income investor strategy with Investor Relations.  This includes but is not limited to presenting materials to fixed income investors on a recurring basis and at least one annual in-person meeting

Mergers and Acquisitions

Supports M&A, new business ventures, new international markets, new legal entities, and cross-border financing Work directly with Business Development where appropriate to evaluate M&A activities from a Treasury perspective Develop reporting and modeling capabilities required to support the Company's M&A funding requirements Fully own RES/RAS process (Rating Evaluation Service / Ratings Assessment Service) should an acquisition occur

Capital Allocation

Provide thought leadership on all aspects of capital allocation including but not limited to: dividends, share repurchase, organic and inorganic growth, leverage ratios, pension, etc. Work directly with the CFO to lead all aspects of the company’s share repurchase program including potential 10b-18 and10b5-1 programs, Accelerated Share Repurchase Programs of varying complexity, etc Take primary responsibility for building board and audit committee presentations related to the same

Forecasting, Capital Planning and Budgeting

Own all aspects of treasury forecasting, budgeting, capital planning and working capital optimization initiatives Design, evaluate and implement new bottoms up cash forecasting process as it informs share repurchase program and other aspects of the company’s capital allocation priorities Evaluate minimum cash balances by jurisdiction and access to global liquidity to ensure the company maintains a healthy balance sheet

Qualifications:

Bachelor’s degree required, Advanced degrees or certifications (MBA. JD. CPA. CFA. etc,) strongly preferred Minimum 10+ years of experience is required for this position, overseeing all aspects of the Treasury 3+ years of experience working in Corporate Banking at a large banking institution is highly valued though not required Experience managing direct reports at different levels in their career including experience with all aspects of people leadership, including recruiting, hiring, succession planning, mentoring, and developing talent Ability to maintain a strong collaborative team and can work within a matrix organization Must be highly analytical and able to solve complex financial problems, with recurring interaction with company leadership as well as the audit committee Must have strong technical skills and have excellent communication and presentation skills Must have significant experience evaluating and driving change to improve the effectiveness and efficiency of the Treasury function

***The external candidate base salary range for this position is: $185,000 to $190,000 with a 60% bonus target***

Location(s)

Chicago/Aon Center

Kraft Heinz is an Equal Opportunity Employer that prohibits discrimination or harassment of any type. All qualified applicants are considered for employment without regard to race, color, national origin, age, sex, sexual orientation, gender, gender identity or expression, disability status, protected veteran status, or any other characteristic protected by law. Applicants who require an accommodation to participate in the job application or hiring process should contact NAZTAOps@kraftheinz.com.