US LBM VP Treasury & Business Services

US LBM is one of the leading and fastest growing distributors of specialty building materials in the United States, with a team of over 15,000 employees located throughout the country. Since our founding in 2009, we have acquired over 70 companies and have expanded to more than 500 locations serving 37 states. US LBM is a progressive organization that promotes a unique culture that focuses on the value of its customers and associates. Developing our people is critical to our strategy and fostering our culture of empowerment.

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US LBM is one of the leading and fastest growing distributors of specialty building materials in the United States, with a team of over 14,000 employees located throughout the country. Since our founding in 2009, we have acquired over 60 companies and have expanded to more than 400 locations serving 37 states. US LBM is a dynamic organization that promotes an outstanding culture that focuses on the value of its customers and associates. Developing our people is critical to our strategy and encouraging our culture of empowerment.

A Brief Overview
The US LBM VP Treasury & Business Services is a high-level executive responsible for overseeing multiple functions related to the company's cash and liquidity positions, including Order to Cash, Produce to Pay, and day-to-day treasury, banking and cash management operations. The position reports directly to the Chief Financial Officer and will have extensive interaction with all other members of the Executive Leadership Team ("ELT", i.e. CEO and direct reports) as well as representatives of two premier private equity firm owners.Direct reports of the VP Treasury & Business Services includes the VP of Credit Management, Director of Accounts Payable, and Director of Treasury Operations.

What you will do

• Lead the broad roll-out of a fully centralized financial shared service platform, with early emphasis on AR (Order to Cash) and AP (Procure to Pay)
• Drive adoption of best-of-breed processes and systems for credit management and disbursements
• Implement best practices and automation to enhance efficiency across all shared services and treasury processes, including the use of digital enablement tools such as RPA and ML
• Develop and implement strategies to optimize the company’s working capital and cash management to ensure liquidity needs are efficiently met
• Oversee cash forecasting to effectively manage short-term and long-term liquidity requirements
• Lead efforts related to capital structure, including managing debt issuance, refinancing, and evaluating financing alternatives in conjunction with PE owners
• Work closely with financial institutions and investment banks to secure favorable financing terms.
• Oversee day-to-day treasury operations, including cash disbursements, wire transfers, and other treasury-related transactions.
• Ensure compliance with financial regulations and reporting requirements related to treasury activities
• Prepare and present reports to senior management and the board on all matters related to shared services strategies, treasury management, and working capital optimization
• Play a key role in M&A activities, including due diligence and integration planning for banking and treasury, and for integration into the shared services platform

Education Qualifications

• Bachelor's Degree in Finance, Accounting or a related field is required.
• Master's Degree is strongly preferred.

Skills and Abilities

• Extensive experience developing business services organizations and a track record engaging with cross-functional leaders to gain support for broad adoption of a centralized financial shares services model
• Demonstrated skills in negotiating and overseeing third party providers in the areas of banking, treasury systems, and shared service outsource providers
• Strong financial and analytical skills, including expertise in financial modeling, working capital management, risk management, and investment analysis
• Experience leading treasury operations, with a track record of success in managing cash and working capital in an environment of complex capital structures and high debt leverage
• Strong negotiation skills to secure favorable terms in financing and banking agreements
• Excellent leadership and people management skills, with the ability to inspire and lead high-performing teams, particularly in organizations overseeing highly detailed transaction work
• Effective communication skills and an ability to articulate complex credit, cash management and treasury concepts to non-financial leaders across an organization
• Exceptional strategic thinking and problem-solving skills, with the ability to align treasury activities with overall corporate strategy

Travel Requirements

• 20% Travel.

US LBM Holdings, LLC is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity, marital status, military status, order of protection status, or any other legally recognized protected basis under federal, state, or local law.

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US LBM Holdings, LLC, is an equal-opportunity employer. We do not discriminate on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity, marital status, military status, order of protection status, or any other legally recognized protected basis under federal, state, or local law.