Senior Manager of Treasury - The Container Store Inc.

Senior Manager of Treasury

Position Reports To

Senior Vice President of Finance & Treasurer

What We Stand For  

Established in 1978, The Container Store has grown to be the leading specialty retailer of storage and organization products in the United States and the only national retailer solely devoted to the category. We provide creative, multifunctional, customizable storage and organization solutions that help our customers save time, save space and improve the quality of their lives. We foster a culture built around our Foundation Principles, which define how we approach our relationships with our employees, vendors, customers and communities and influence every aspect of our business. 

Principal Duties and Responsibilities

• Leads the treasury function including developing investment policy as well as maintaining the Company’s liquidity position on an ongoing basis
• Responsible for all aspects of company term loan and asset-based lending agreements, including periodic refinancing, loan agreement compliance, and loan agreement-related reporting
• Monitors trends and update foreign exchange rate forecast and executes corporate foreign exchange hedging policy
• Maintains positive and constructive relationships with Company’s banking & lending partners and credit agencies
• Responsible for cash forecasting, including 13-week cash flow projections and monthly drivers of company 3-statement model projections
• Responsible for proactive daily cash management as well as communication of projections, excess capacity and borrowing needs
• Reviews and evaluates accounts payable position and payment direction vis-à-vis liquidity management
• Monitors trends and updates interest rate and interest expenses forecast, including projected borrowing balances
• Monitors key vendor exposure and payment terms, in context of credit risk management, including management of letters of credit posted/received
• Reviews and summarizes industry peer performance and activity, as well as market and other economic KPIs, including key commodities
• Responsible for maintaining discretion related to all confidential/sensitive company and customer information
• Key contributor to financial planning and analysis (FP&A) processes related to Treasury inputs including, but not limited to, interest rate and expenses, foreign exchange, bank fees, commodities risks and working capital drivers.
• Retain, develop, and lead team treasury professionals:
• Provide oversight, direction, coaching, management, and leadership for team members
• Drive the adoption of standard Treasury tools, processes, and practices
• Mentors, motivates, and develops team, while serving as a resource to them in order to facilitate their professional development
• Performs other requested tasks and duties

We believe in taking care of our team. That's why we offer a comprehensive benefits package that goes beyond just health insurance (though we've got that covered too!). Here at The Container Store, we're passionate about helping you contain your health, grow your career, and find balance in your life.

Here's a peek at what you can expect:

• Competitive health, dental, and vision plans to keep you and your loved ones well.
• 401(k) retirement savings plan with optional investment guidance and assistance offered through Fidelity.
• Unique "1equals3" website for easy access to your benefits information and company updates.
• We've got your back! Competitive sick pay and PTO plan to ensure you can take time off to recharge and come back feeling your best.

For our full-time associates, we offer even more:

• Peace-of-mind benefits: Basic life insurance, disability insurance options, accident insurance, critical illness insurance, hospital indemnity insurance and flexible spending accounts (FSAs)
• Family-focused support: Considerate parental leave policies, adoption and surrogacy assistance, and fertility & maternity support program
• Work-life balance boosters: Paid holidays, gym membership discounts, and a qualified transportation benefits program to save on commutes.
• Discounts galore: Enjoy a hefty discount on our amazing products, including merchandise, custom spaces, and services, gift cards, and pet insurance (because fur-babies matter!).
• Recognition you deserve: We honor our employees with service awards and retirement gifts, celebrate those who exemplify our core principles, and recognize exceptional daily contributions.
• Thriving with diversity: Participate in our Employee Resource and Affinity Groups and help guide how we give back to the community, while having a space to connect, support one another, and celebrate cultural heritages.

But that's not all! We offer a fun and collaborative work environment where you can learn, grow, and make a real difference.

Required Knowledge, Skills and Abilities

• "Business-minded" finance executive who has the ability to go beyond the numbers in analyzing business matters, and makes strategic and effective decisions in the best interest of The Container Store and our customers
• Ability to provide thought leadership and engage with other senior leaders in addressing complex business issues
• Strong leadership skills, with ability to manage and develop team members including directing and evaluating work, prioritization of ongoing responsibilities, project assignments, coaching and career development
• Ability to drive change, including process improvements as well as implement new processes to increase efficiencies, enhance business partnerships and provide increased visibility to business performance
• Must have outstanding analytical skills and a high degree of intellectual curiosity, with ability to analyze large amounts of information to draw actionable conclusions and make business recommendations
• Strong leadership presence, and great communication skills with the ability to present their views in a clear and compelling manner, both orally and in writing with all levels within and outside the organization
• Energetic, resourceful, and hands-on individual with a strong bias for action and sense of urgency; must be willing to "roll up the sleeves"
• Strong time management and organizational skills with the ability to successfully manage multiple projects at once and effectively prioritize mission-critical initiatives
• Attention to detail while working quickly and accurately under pressure
• Passion for leading and supporting The Container Store’s culture and environment of respect, engagement, collaboration, kindness, and professionalism at all times
• Flexible, receptive, respectful, and tolerant, consistently displaying a positive, can-do attitude with a passion for rallying colleagues toward an agreed upon goal

Experience, Education, Certifications and Affiliations:

• Experience: 10+ years in treasury; retail and FP&A experience a plus
• Strong understanding of treasury, corporate finance, and solid understanding of accounting
• Education: Quantitative undergraduate degree, preferably with concentration in Business, Finance or Accounting; MBA a plus
• Demonstrated proficiency in Microsoft Excel & financial modeling
• Experience with MicroStrategy, Adaptive Planning, Multiview, and MS PowerPoint a plus
• Based in Dallas/Ft. Worth area
• Ability to travel 10% a year, based on the business needs
• Ability to work in a constant state of alertness and a safe manner
• Is committed to working scheduled hours and has the flexibility to work additional hours based on changing business needs

The Container Store promotes a smoke-free, drug-free environment. 

We are proud to be an Equal Opportunity Employer and comply with the

Americans with Disabilities Act 

Stores Physical Requirements

State Specific Notices