At GNC we embrace a "Live Well" philosophy, fostering a dynamic environment where innovation meets passion. Whether someone is an athlete or just starting to focus on their health, we want to deliver the cutting-edge products they deserve. We are looking for an individual who is excited and eager to play a pivotal role in driving excellence in the health and wellness industry. This position offers the opportunity to engage in a collaborative environment where you will make a personal impact every day.
What You'll Do:
This is a Full-Time Salary Position
This position is responsible for all aspects of the Company's treasury activities, including alignment with management and implementation of the Company's: financial policy and financial risk management; daily cash position; short & long-term cash forecasting models and leverage ratios; investment policy; store depository accounts and credit card
Oversee daily cash positioning process, including coordinating funds transfers, cash concentration, foreign exchange transactions and funding of all corporate obligations
Manage and maintain short-term and long-term cashflow forecasts, including forecasting leverage ratios for internal, credit agreement and rating agency purposes
Manage all aspects of the credit agreement (and any other debt obligations), including compliance, interest and principal payments, revolving line of credit.
Generate and maintain the Balance Sheet and Cash Flow forecast model, including the reporting of monthly variance
Initiate funds transfers for approved disbursements and concentration of funds while ensuring that company bank accounts are not overdrawn
Coordinate the cash concentration of all corporate cash balances to minimize idle cash holdings and maximize investment income
Lead profit improvement opportunities as relates working capital, bank fees and credit card fees
Lead the analysis and execution of financial risk management (hedging) programs, including interest, foreign currency and commodity
Lead the budgeting, reporting, and analysis of bank fees, credit / debit card transactions and interest expense
Environmental Factors & Working Schedule:
Hybrid work environment, 3 days in-person attendance (Pittsburgh, PA) in addition to ability to work remotely.
Regularly required to stand; walk; sit; use hands or fingers to handle or feel; reach with hands and arms; stoop, kneel, crouch, or crawl; and talk or hear
Sedentary work. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Repetitive motion. Substantial movements (motions) of the wrists, hands, and/or fingers. The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading.
Work is performed in an office environment and requires the ability to operate standard office equipment and keyboards.
Specific vision abilities required by this job include long periods of computer screen usage, close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus
The noise level in the work environment is usually low/moderate
* Reasonable accommodations may be made to enable individuals to perform the essential functions.
QUALIFICATIONS:
Bachelor's Degree in Accounting, Finance or related field; or an equivalent combination of education and experience sufficient to successfully perform the key accountabilities of the job required
Advanced degree (MBA, Master's) a plus
6+ years progressive experience
3+ years in a leadership role (direct or indirect)
Prior managerial/supervisory experience preferred
High degree of proficiency MS Office Suite, Outlook & Internet applications