Head of treasury (Confusion Capital)

About ABC Labs:

Reserve is a cryptocurrency project. We want money that doesn't inflate like USD, but isn't volatile like Bitcoin. We believe the global reserve currency should be an index of the world's assets: stocks, bonds, gold, real estate, and more. That's the ultimate purpose of the Reserve protocol, which lets anyone create a new currency backed 1:1 by a collection of tokenized assets.

ABC Labs contributes to the development of the Reserve protocol and helps to support and grow the Reserve ecosystem.

About Confusion Capital:

Confusion Capital operates as the treasury management organization for the Reserve ecosystem. In this role, Confusion Capital is charged with managing a large treasury to provide for operations, grants, research, and other public good funding. More information on our mission and the people behind it can be found here.

Role Summary:

As the Head of Treasury, you will oversee all treasury management decisions and instruct our financial operations team member on how to manage our capital. This includes identifying, analyzing, and accepting or discarding capital allocation opportunities and optimizing strategies and trades.

You'll report to the Chief of Staff and will need to be familiar with and contribute to our future financial plans in order to make informed capital allocation decisions. In addition to seeking returns, we'll rely on you to carefully manage risks and minimize losses. You'll need to analyze risks and returns across the spectrum from bank accounts and treasury bills to cryptoassets and DeFi positions.

Key Responsibilities:

• Oversee all domestic and international treasury operations, including the preparation of cash and RSR forecasts, ensuring Confusion Capital has the liquidity to meet its current and future obligations.
• Become intimately familiar with the market dynamics of Reserve's governance token, RSR, and decide, with input from management, when it's appropriate to buy or sell.
• Oversee short-term investment portfolios to optimize returns while ensuring liquidity needs are met.
• Develop a capital allocation process, including data gathering, analysis, and preparation and presentation of monthly reporting materials for management.
• Develop, build, and maintain financial models and analyses to support strategic initiatives, business decisions, and financing transactions.
• Identify, assess, and manage financial risks including interest rate, exchange, and liquidity risks.
• Develop and implement contingency plans for managing financial crises, including liquidity shortages and market disruptions.
• Advocate best practices in Treasury Management and Reporting, including systems to facilitate smooth fund movements within the group.
• Provide strategic input on financial planning, capital structure, and funding strategies to support business growth and expansion.
  
  

Job Requirements

• Bachelor's degree in finance, accounting, or related field
• Advanced financial modeling and analysis skills
• Excellent interpersonal, written, and verbal communication skills
• Minimum 5 years of experience in finance and treasury operations with a track record of increased responsibilities
• Familiarity with financial instruments, credit facilities and treasury best practices
• Proven ability to work under pressure and adapt to a rapidly changing startup environment
• Solid judgment and common sense
  
  

Nice to Haves

• MBA, CFA, and/or CTP certification
• A strong understanding of cryptocurrency is beneficial, but not essential
• Web3/DeFi background
  
  

Benefits:

• Do something meaningful; Be a part of the future of stable money, helping people around the world access a safe and transparent financial system.
• Fast moving, challenging and unique business problems.
• Compensation: Competitive salary + token grant.
• Stability: We have significant funding and a long financial runway.
• Purpose: ABC Labs helps people beat hyperinflation, and aims to eradicate it entirely.