Treasurer Full Time NEW

Department: Accounting and Finance

Location: Los Angeles HQ

Compensation: $190,000 – $210,000 / year

Description

SKIMS is a solutions-oriented brand creating the next generation of underwear, loungewear, shapewear, and essentials. We are setting new standards by delivering technically innovative, comfort-driven products with elevated design for everybody.

At the intersection of culture, innovation, and commerce, SKIMS is a global brand redefining modern apparel. Our teams are built on creativity, collaboration, and operational excellence, and we are committed to fostering an inclusive, high-performance environment where ambitious, curious, and values-driven individuals can do the best work of their careers.

As we continue to scale globally, our HQ teams play a critical role in shaping strategy, building world-class infrastructure, and driving sustainable growth across markets.

SKIMS is seeking a Director, Treasury to lead our global treasury and credit risk functions. This is a critical leadership role for a high-growth consumer and retail company embarking on significant international expansion. You will be responsible for building and optimizing the treasury infrastructure that enables SKIMS to scale — owning everything from cash and liquidity management to FX strategy, banking relationships, debt compliance, and enterprise risk. We are looking for a builder: someone who thrives on designing efficient, scalable operations and has the commercial acumen to partner closely with senior leadership.

Key Responsibilities

Treasury

• Oversee global cash management, liquidity optimization, and investment activities, ensuring financial stability across all entities and geographies.
• Lead treasury setup and infrastructure for new international markets, including entity banking setup, intercompany funding structures, and repatriation strategies.
• Oversee daily retail cash operations, including store-level cash management, armored car services, cash reconciliations, and point-of-sale cash handling processes.
• Build and maintain strong relationships with financial institutions and banking partners, ensuring top-notch service levels, competitive terms, and appropriate risk mitigation.
• Drive automation and continuous improvement of treasury systems (TMS), payment platforms, and reporting tools to improve operational efficiency and scalability.
• Streamline treasury processes and controls, and ensure clear documentation of compliance standards and investment policies.
• Monitor debt, debt covenants, and financing strategies; ensure timely and accurate compliance reporting.
• Manage foreign exchange risks, including hedging strategies, foreign currency trades, interest rate exposure, and VAT considerations across international markets.
• Oversee intercompany funding and settlement processes, ensuring alignment with transfer pricing policies.
• Direct the optimization of transaction costs, including bank and credit card fees, to maximize savings.
• Lead cash forecasting, ensuring alignment with the Company’s operational needs, seasonal retail cycles, and business goals.
• Establish and maintain global treasury policies around compliance, financial controls, investment strategy, and reporting.
• Develop and maintain financial risk management strategies.

Risk Management

• Oversee the strategic management and implementation of credit risk across the organization, in partnership with Finance and Legal.
• Manage corporate and credit insurance-related projects, coordinating with both internal and external stakeholders.
• Oversee relationships with third-party insurance brokers, setting clear expectations and ensuring service standards are met.
• Work internally and externally to set and enforce credit limits and insurance coverage for customers to prevent overextension and potential financial risks.
• Identify and evaluate the Company’s exposure to potential liability, counterparty risk, and key vendor/supplier risk, particularly in the context of retail partnerships and wholesale accounts.
• Establish and oversee business and credit insurance coverage including bank guarantees / letters of credit — including making recommendations on coverage and retentions, negotiating placement of policies, and ensuring appropriate programs are in place.
• Own annual renewals of all business and credit insurance programs.

Skills, Knowledge and Expertise

• Bachelor’s degree in Finance or Accounting; MBA or CPA preferred.
• Certified Treasury Professional (CTP) preferred.
• 10+ years of relevant treasury experience, ideally including time in a high-growth or scaling environment.
• Experience in retail or consumer goods industry strongly preferred — familiarity with seasonal cash cycles, inventory dynamics, and store-level operations is a plus.
• Demonstrated experience building or scaling treasury functions, not just maintaining them.
• Experience in credit and risk management, treasury management, and managing banking relationships.
• Proficiency with ERP and treasury management systems; experience with NetSuite a plus.
• Ability to translate complex financial data into clear, actionable business strategies.
• Excellent communication skills with the ability to interact effectively with C-Suite, Senior Leadership, and key stakeholders.
• Demonstrated strategic, financial, and managerial acumen.
• Proven ability to effect, influence, and manage change in a fast-moving organization.
• Ability to build, grow, and deepen relationships with a wide range of internal and external stakeholders.

Benefits, Culture and Perks

Benefits and Culture

• Up to 100% Company Paid Healthcare (medical, dental, vision)
• Kind Body Fertility Benefits
• 401(k) savings plan with up to 4% match
• Unlimited PTO
• Full Access to LinkedIn learning
• Employee Discounts

Perks (HQ Location)

• Free weekly catered lunch at HQ – M/T/W/Th
• Dog-Friendly office on a Thursday and Friday
• Free Swag Giveaways
• Annual Holiday Party
• Annual Summer Party
• Invitations to pop-ups and other company events
• Complimentary daily office snacks and beverages