Treasury Director

Be part of the journey!

Our mission is to be the preferred airline of our customers and our team.

Open-mindedness, concern for others, intelligence at work and, above all, a healthy dose of fun enable us to achieve great things every day. Our dedication has earned us the title of the world's best leisure airline multiple times, and we’re just getting started.

Want to join us? You will have the chance to enjoy exclusive travel privileges to explore the world and create unforgettable memories. You will also have the opportunity to work in a modern, inspiring environment.

Role Mission

In collaboration with the Vice President, Corporate Finance and Treasurer, the incumbent leads the corporate and operational treasury team, oversees financial risk management (currencies, fuel, carbon and corporate insurance), ensures optimal treasury management, and maintains strong relationships with external financial partners. The incumbent also supports the Senior Director, Investor Relations and Corporate Finance in managing and optimizing the company’s capital structure.

 

Responsibilities

• Evaluate and analyze financial risks related to currencies, fuel and carbon across subsidiaries, and recommend appropriate strategies.
• Contribute to the development, update and application of financial risk management policies and strategies based on close monitoring of the competition and best practices.
• Execute hedging programs using derivative instruments, ensure proper documentation and monitor portfolio performance.
• Conduct in‑depth risk analyses, recommend controls and support the implementation of risk management systems.
• Support the optimization of the corporate insurance program.
• Manage corporate treasury activities: investment policy, capital preservation, optimal returns, negotiation of banking fees and liquidity monitoring (13‑week cash‑flow).
• Supervise the operational treasury team, including bank reconciliations, payment execution and process improvement.
• Manage short‑term bank borrowings, ensure compliance with restrictive covenants, prepare compliance reports and follow up on agreements.
• Maintain and develop relationships with banks and credit card processors, and contribute to key renewals and negotiations.
• Support the implementation of technological solutions, including a Treasury Management System (TMS), to optimize treasury operations.

Requirements

• Bachelor’s degree in Business Administration, with a specialization in Finance or Accounting.
• Minimum of ten (10) years of relevant corporate treasury experience in a public company or financial institution, including experience managing a team.
• Advanced knowledge of financial markets (currencies, commodities) and derivative instruments.
• Strong analytical, communication, synthesis and financial modelling skills.
• Proven mastery of financial valuation tools.
• Graduate degree or CFA designation: an asset.
• Excellent proficiency with Excel, Word, PowerPoint, Bloomberg, risk management systems and Treasury Management System (TMS).
• Oral and written fluency in French and English*

A good knowledge of French is required for positions in Quebec. The incumbent will be required to communicate and collaborate frequently in English, both orally and in writing, with colleagues, customers, and other stakeholders in Quebec, the rest of Canada, and internationally.

Artificial intelligence tools are used to analyze applications, whether to sort or preselect profiles based on criteria related to job requirements. All applications are then reviewed by our recruitment team to ensure a fair and inclusive process.

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Employment Equity

At Transat, we foster an environment where inclusiveness, respect and equity reign. We endeavour to build a workforce that reflects the diversity of our customers as well as the communities to which we travel. We encourage women, members of visible minorities, ethnic minorities, aboriginal peoples as well as people with disabilities to submit their candidacy. Transat will accommodate people with disabilities throughout the recruitment and selection process. If you require an accommodation, please contact us in order to work together in meeting adequately your needs.