Director of Treasury - Risk Insurance and Finance
Date: Apr 20, 2024
Location: Bonita Springs, FL, US, 34134
Company: Herc Rentals
Founded in 1965, Herc Rentals is one of the leading equipment rental suppliers in North America with trailing twelve month total revenues of nearly $3.3 billion as of March 31, 2023. Herc Rentals’ parent company, known as Herc Holdings Inc., listed on the New York Stock Exchange on July 1, 2016, under the symbol “HRI.” Herc Rentals serves customers through approximately 412 locations and has approximately 7,600 employees in North America.
Short Description
This position has responsibility for managing the debt, derivatives, bank relationship management, foreign exchange, payment strategies, policy, insurance, and M&A process development along with associated compliance. The Treasury Director will work directly within Treasury and will support Herc and its Affiliates through a strong service model-based approach. Other responsibilities include managing day to day processing, reconciling, analyzing and reporting on Treasury related transactions in support of Herc and its Affiliates.
Responsibilities
- Assess the Company’s risk profile and manage its insurance program through determining and/or negotiating the appropriate pricing, coverage, terms and conditions
- Assist in the strategic risk management vision and delivering that strategy to the company
- Analyze, execute, and manage the Captive Insurance Program
- Negotiate terms and conditions with insurance professionals and makes recommendations to executive leadership for policies as well as rental agreements and contracts
- Analyze and strategically execute self-insurance in additional states to manage risk
- Staying on top of contemporary risk management issues to ensure Herc is proactively managing it's risk profile.
- Analyze, execute, and manage the financial modelling and presentation for multiple acquisition targets
- Maintain ownership of the process including working directly with key executives and owners within and outside the organization
- Make recommendations for target acquisitions strategies
- Deliver accurate and timely information for senior executive’s decision making
- Maintain ownership of bank wallet, manage and build strong banking relationships delivering quarterly updates to senior management.
- Analyze Herc capital structure and recommend strategic favorable transactions to reduce debt costs while maintaining optimal liquidity.
- Execute capital market transactions to diversify debt structure, improve interest rates, and minimize transactional fees.
- Stay current on market trends and industry developments to help Herc navigate a dynamic capital markets landscape.
Professional Experience
Educational Background
Skills
- Demonstrate honesty, responsibility, integrity and fulfillment of commitments
- Demonstrated analytical and modeling expertise in support of treasury or finance related functions
- Demonstrated ability to drive results in a fast paced deadline driven environment
- Strong attention to detail and operates with a high degree of accuracy
- History of foreign exchange, investment and financial risk management exposure
- Exceptional written and verbal communication skills
- Strong professionalism and comfortable presenting and interacting with senior level management
- Strong organizational skills with the ability to manage multiple tasks/projects to fruition
- Strong service model based approach with a commitment to excellence
- Collaborative self-starter who can work both independently and in a team environment
- Resourceful, creative problem solver with a ‘can do’ attitude
- Experience with Oracle and HFM financial systems
- Experience with claim management systems
- Experience with Bloomberg and FXall
- Experience with working capital program management
- Individuals with a strong focus on change management principles and business process reengineering
- Fortune 500 and multi-national experience
- MS Office (Word, Excel, PowerPoint, Outlook)
Compensation Data
$150,000 - $170,000 with 20% bonus
Req #: 59189
Please be advised that the actual salary offered for any position is subject to the company's sole discretion and may be influenced by various factors, including but not limited to the candidate's qualifications, experience, location, and overall fit for the role.
Herc Rentals values its employees and provides excellent compensation and benefits packages which are not limited to the following.
Keeping you healthy
Medical, Dental, and Vision Coverage
Life and disability insurance
Flex spending and health savings accounts
Virtual Health Visits
24 Hour Nurse Line
Healthy Pregnancy Program
Tobacco Cessation Program
Weight Loss Program
Building Your Financial Future
401(k) plan with company match
Employee Stock Purchase Program
Life & Work Harmony
Paid Time Off (Holidays, Vacations, Sick Days)
Paid parental leave.
Military leave & support for those in the National Guard and Reserves
Employee Assistance Program (EAP)
Adoption Assistance Reimbursement Program
Tuition Reimbursement Program
Auto & Home Insurance Discounts
Protecting You & Your Family
Company Paid Life Insurance
Supplemental Life Insurance
Accidental Death & Dismemberment Insurance
Company Paid Disability Insurance
Supplemental Disability Insurance
Group Legal Plan
Critical Illness Insurance
Accident Insurance
Herc does not discriminate in employment based on the basis of race, creed, color, religion, sex, age, disability, national origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factors.
Nearest Major Market: Fort Myers
Nearest Secondary Market: Cape Coral
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