Cooke Aquaculture Inc is a family-owned company based in New Brunswick, Canada. Established in 1985, over the years the company has expanded its facilities, product lines and distribution network to become a fully integrated corporation, with operations throughout the world. These include salmon farming operations in Atlantic Canada, the United States, Chile, and Scotland, as well as seabass and sea bream farming operations in Spain.
In recent years, Cooke has embarked on an aggressive plan for growth, including acquisitions and an ongoing strategic search for development opportunities. Through acquisitions they have further diversified the product offering and expanded their seafood assets into the wild fishery.
Follow this link to visit the company website.
Cooke’s mission is to be a global seafood leader driven by an innovative team that delivers superior products, service, and value to our customers in a safe and environmentally sustainable manner.
- Entrepreneurial Spirit
- Community and Family
- Health and Safety
- Continuous Improvement and Growth
- Environmental Sustainability
The Location – Saint John
Saint John is a seaport city of the Atlantic Ocean located on the Bay of Fundy in the province of New Brunswick, Canada. With a population of around 67,000, it is currently the second largest city in the province, after Moncton. Further information about Saint John can be found at the end of this advert.
Reporting to the CFO, you will hold primary responsibility for In-house bank management, cash and liquidity forecasting and management, bank relationship management, financial risk management (foreign exchange, commodity, and interest rate), working capital financing and Treasury reporting and for the day-to-day operational aspects of the treasury department for Cooke’s global group of companies.
This is an exciting opportunity to shape the treasury function within Cooke and to have creative responsibility for the growth and direction of the function within the wider context of the business. In recent years, the Treasury function has incorporated a Treasury Management system (Kyriba) and has commenced the development of an in-house banking strategy. Both of these aspects are in exciting phases of growth and the successful candidate will have the opportunity to lead and define this journey for the function.
The Treasury Director must demonstrate strong communication skills, illustrate confidence interacting with key contacts, both internal and external, and possess appropriate executive presence.
The successful candidate must demonstrate an ability to collaborate with multiple business partners across the entire global organization. This role requires attention to detail given the interaction with external parties for documentation purposes and the communication to the executive team.
- Strong knowledge of In-House Bank and the related tax considerations of international cash movements.
- Knowledge of Treasury Management systems (Kyriba is used at Cooke) and their interrelation to ERP systems
- Strong knowledge of Financial Risk Management strategies and products.
- 8-10 years of progressive management experience within the Treasury function of a multi-national organization.
- Experience in managing and administering an In-House bank in a multi-jurisdictional international enterprise.
- Significant experience in preparing, analysing, and presenting cash flow and liquidity projection scenarios to optimize liquidity and effectively manage cash.
- Financial risk management experience in a multi-currency dependent corporation.
- CTP/MBA/CFA/CPA designation is preferred.
- A second language would be considered an asset.
Primary Functions & Responsibilities:
- Oversee administration of all in-house bank functions, intercompany netting, and cash pooling.
- Assist in the development and management of various bank relationships.
- Develop and implement cash management operational strategies.
- Daily cash management and approval of weekly Payments budgets to manage global liquidity.
- Oversees tactical cash flow forecasting and preparation of the global cash flow projection: communicate variance with budgeted liquidity and cash generation to the annual business plan.
- Manage global foreign exchange, interest rate and commodity hedging programs. Execute FX transactions and report on spot and hedging activity and manage settlements for the transactions.
- Manage the short-term working capital financing programs, including Securitization, Supply Chain Finance, and other trade finance strategies.
- Oversee compliance with various aspects of our various credit facilities and proactively report on potential conflicts with compliance as they arise.
- Provide regular reporting to the Executive Team on global liquidity and risk management.
- International travel required.
A competitive salary is on offer as well as an excellent benefits package.
First round interviews are with our retained advisors at Rutherford Cross
Second stage: Interview with Cooke Recruiter
Final stage: Interview with CFO (Note: Second and final may be combined)
Applications should be sent to Amy Ferguson at [email protected]
Please feel free to reach out to Amy directly for a confidential discussion.
Further information on Saint John
Saint John derived its economy from maritime industries such as shipping, fishing and shipbuilding. The city has a long history of shipbuilding at the city's dry dock, which is one of the largest in the world. Since 2003 shipbuilding has ended on the scale it once was, forcing the city to adopt a new economic strategy. The University of New Brunswick, the New Brunswick Museum and the New Brunswick Community College are important institutions, and along with, Horizon Health Network and many others, they are a part of Saint John's fast-growing research and information-technology sectors.
As the city moves away from its industrial past it now begins to capitalize on the growing sector of tourism, typically hosting over 1.5 million visitors a year and 200,000 cruise ship visitors a year, creating a renaissance in the city's historic downtown (locally known as Uptown). Many small businesses have moved into Uptown and large scale waterfront developments are underway, such as the Fundy Quay (condo, hotel and office space), Saint John Law Courts, and the Three Sisters Harbourfront condos.
Living in Saint John:
The city is known for its dynamic arts scene, beautiful parks and wilderness, great shopping, and is also one of the world’s most affordable cities. In 2020, Saint John was named the 6th most affordable city in the world for middle income housing. Compared with other cities in Canada like Toronto or Vancouver, homeownership can be a realized reality far quicker in Saint John.
Please click here to visit Remax, who have listings of different types of property available throughout all areas of the region.
Home to the first publicly funded high school in Canada, Saint John is dedicated to providing high quality and accessible education to the city’s residents. The public schools offer education in English and French Immersion through Anglophone South School District, and French education through District Scolaire Francophone Sud. There are also private school options available within the Greater Saint John region. Please click here for information on all schools between Saint John and St Stephen.
Aside from this overview, we would be happy to provide further detailed information about what it is like to live and work in Saint John. Additionally, please click here for Saint John’s New Resident Guide.