Senior Director, Global Cash & Liquidity

Senior Director, Global Cash & Liquidity

Department: Global Treasury
Reports to: Treasurer
Location: Skokie, IL or Southfield, MI (Hybrid)

Scope: Global

Position Summary

The Senior Director, Global Cash & Liquidity is a senior leader within DRiV's Global Treasury organization responsible for leading the company's global cash management, liquidity forecasting, cash positioning, banking structures, and liquidity optimization activities.

This role is responsible for ensuring the company maintains appropriate liquidity to support operating, financing, and strategic priorities while improving global cash visibility, forecasting accuracy, and capital efficiency. The Senior Director will lead the development and execution of global cash management processes, liquidity governance, banking infrastructure, intercompany funding frameworks, and working capital initiatives across North America, EMEA, APAC, Mexico, and other regions.

As DRiV continues to establish its standalone Treasury organization, the Senior Director will play a key role in building scalable liquidity processes, strengthening controls and governance, enhancing treasury technology capabilities, and driving best-in-class cash management practices globally.

The role will partner closely with Capital Markets, Treasury Operations & Center of Excellence, FP&A, Accounting, Tax, Procurement, Shared Services, and regional Finance teams to ensure liquidity decisions support the company's broader financial strategy.

Key Responsibilities

Global Cash Management & Liquidity

• Lead execution of DRiV's global cash and liquidity management strategy.
• Oversee consolidated global cash positioning and liquidity reporting.
• Monitor enterprise liquidity, cash balances, borrowing availability, restricted cash, and funding requirements.
• Ensure sufficient liquidity is maintained across legal entities, regions, and currencies.
• Recommend actions to optimize cash deployment and minimize external borrowing costs.
• Support liquidity planning associated with capital allocation, financing activities, and strategic initiatives.

Cash Forecasting & Analytics

• Lead global daily, weekly, monthly, and 13-week cash forecasting processes.
• Establish forecasting standards, governance, and performance metrics.
• Partner with FP&A, regional Finance, and business leaders to improve forecast accuracy.
• Manage forecast variance analysis and identify key liquidity drivers.
• Integrate short-term liquidity forecasts with longer-term planning and funding requirements.

Global Cash Architecture & Liquidity Optimization

• Lead management and enhancement of global cash pooling, cash concentration, and liquidity structures.
• Identify opportunities to improve cash efficiency and reduce trapped cash balances.
• Partner with Tax and Legal on cross-border funding and repatriation initiatives.
• Support the design and implementation of scalable global liquidity structures.
• Ensure treasury structures align with business growth, acquisitions, and organizational transformation.

Banking & Treasury Infrastructure

• Manage relationships with key global and regional banking partners.
• Evaluate banking products, cash management solutions, and liquidity services.
• Lead initiatives to optimize bank account structures and reduce banking costs.
• Partner with Treasury leadership on credit facility utilization and liquidity planning.
• Develop contingency plans supporting critical banking relationships.

Intercompany Funding & Repatriation

• Oversee global intercompany funding programs and cash movement activities.
• Coordinate funding requirements with regional finance organizations.
• Support repatriation planning and execution.
• Evaluate tax, regulatory, and liquidity implications related to cross-border cash movements.
• Maintain effective governance, controls, and documentation for intercompany funding activities.

Working Capital & Alternative Liquidity Programs

• Partners with FP&A, Procurement, and Supply Chain teams to improve cash conversion and working capital performance.
• Provide Treasury leadership for supply chain finance, receivable financing, factoring, and related liquidity programs.
• Evaluate economic and liquidity impacts of working capital initiatives.
• Monitor program utilization, liquidity benefits, and counterparty exposures.

Liquidity Risk Management

• Monitor and assess liquidity risks across the enterprise.
• Support the development of liquidity contingency plans and stress testing.
• Analyze impacts of market events, operational changes, and business conditions on liquidity.
• Partner with Capital Markets and FX Risk Management teams to evaluate liquidity impacts from financing and currency exposures.

Treasury Technology & Transformation

• Lead initiatives to automate cash positioning, forecasting, and liquidity reporting.
• Support implementation and enhancement of Treasury Management Systems, including Kyriba and banking connectivity solutions.
• Partner with Treasury Operations and the India Center of Excellence to establish a single source of truth for liquidity data.
• Develop executive dashboards, KPIs, and management reporting.
• Identify opportunities to leverage analytics, automation, and AI to improve liquidity management.

M&A and Strategic Transactions

• Lead Treasury cash and liquidity workstreams supporting acquisitions, divestitures, and strategic transactions.
• Assess funding requirements, cash accessibility, banking implications, and integration needs.
• Support Day 1 liquidity planning and Treasury integration activities.
• Partner with Finance leadership to evaluate transaction-related liquidity impacts.

Leadership & Organizational Development

• Lead and develop a high-performing global Cash & Liquidity team.
• Establish performance expectations, service levels, and KPI frameworks.
• Build strong partnerships with Corporate Treasury, regional Treasury teams, and the India Center of Excellence.
• Coach and develop Treasury talent while supporting succession planning efforts.
• Promote a culture of accountability, collaboration, continuous improvement, and disciplined risk management.

Qualifications

Education

• Bachelor’s degree in finance, Accounting, Economics, Business Administration, or related discipline required.
• MBA, master’s degree, Certified Treasury Professional (CTP), or other relevant finance certification preferred.

Experience

• 12+ years of progressive Treasury experience with significant responsibility in cash management, liquidity, treasury operations, or corporate finance.
• Strong multinational Treasury experience within a complex global organization.
• Demonstrated expertise in cash forecasting, global liquidity management, banking structures, intercompany funding, and cash concentration.
• Experience managing banking relationships and liquidity optimization programs.
• Experience in SOX-controlled environments.
• Proven leadership experience, managing teams and cross-functional global initiatives.

Preferred Experience

• Experience supporting treasury transformation or establishing a centralized treasury function.
• Automotive, manufacturing, industrial, or other complex multinational operating environments.
• Experience with Kyriba, SAP, and related Treasury technologies.
• Experience with global cash pooling, in-house banking, and payment factory structures.
• Experience supporting M&A integration, separations, refinancing, or other strategic transactions.
• Experience preparing executive-level Treasury presentations and reporting.

Leadership Competencies

• Strategic and enterprise mindset
• Strong financial and analytical acumen
• Executive communication and presentation skills
• Global leadership and stakeholder management
• Ability to influence without direct authority
• Strong liquidity and risk management expertise
• Transformation and change leadership
• Results orientation and accountability
• Talent development and team leadership
• Ability to balance strategy with execution

Compensation: The base pay for this position generally ranges between $220,000 - $242,000. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.   

Why Join DRiV

Build the global liquidity function of a new independent company.

DRiV is at an important point in its evolution as we establish a standalone global Treasury organization. The Senior Director, Global Cash & Liquidity will have the opportunity to shape how DRiV manages one of its most critical financial resources, cash and liquidity, across the entire enterprise.

This leader will have the opportunity to:

• Design DRiV's global cash and liquidity strategy.
• Build global liquidity infrastructure and governance from the ground up.
• Establish best-in-class cash forecasting and visibility.
• Optimize billions of dollars of global cash flows and liquidity resources.
• Shape DRiV's global banking and cash-management architecture.
• Partner directly with the Treasurer and senior Finance leadership.
• Work closely with Capital Markets, FX Risk Management and the India Treasury CoE.
• Drive automation, analytics and technology transformation across Treasury.
• Develop a global Treasury organization designed for DRiV's future.