Director of Corporate Treasury

<div class="content-intro"><p><strong>Secure Every Identity, from AI to Human<br><br></strong>Identity is the key to unlocking the potential of AI. Okta secures AI by building the trusted, neutral infrastructure that enables organizations to safely embrace this new era. This work requires a relentless drive to solve complex challenges with real-world stakes. We are looking for builders and owners who operate with speed and urgency and execute with excellence.<br><br>This is an opportunity to do career-defining work. We're all in on this mission. If you are too, let's talk.</p></div><p>As the Director of Corporate Treasury at Okta, you will be a cornerstone of our Global Finance organization. Reporting directly to the Treasurer, you will oversee our capital structure, liquidity management, and financial risk mitigation strategies. This is a high-visibility leadership role where you will manage a global balance sheet while leading a critical digital transformation through the implementation of Kyriba.</p> <h2><strong>Key Responsibilities</strong></h2> <h3><strong>Investment Management &amp; Capital Allocation</strong></h3> <ul> <li><strong>Portfolio Management:</strong> Oversee the company’s investment portfolio, ensuring adherence to the Corporate Investment Policy while optimizing yield within risk parameters.</li> <li><strong>Capital Allocation Modeling:</strong> Develop sophisticated financial models to evaluate capital allocation strategies, including share buybacks, debt repayment, M&amp;A funding, repatriation, and internal R&amp;D investment.</li> <li><strong>Strategy Benchmarking:</strong> Monitor market trends and peer benchmarks to advise the Treasurer and CFO on optimal capital structure and return-of-capital frameworks.</li> </ul> <h3><strong>Cash &amp; Liquidity Management</strong></h3> <ul> <li><strong>Global Liquidity:</strong> Direct global cash positioning, forecasting, and liquidity planning to ensure optimal funding for operations and M&amp;A activity.</li> <li><strong>SaaS Cash Conversion:</strong> Optimize the "Cash Conversion Cycle," managing the nuances of high-volume recurring billing and deferred revenue impacts on liquidity.</li> <li><strong>Banking Relations:</strong> Oversee global banking relationships and the administration of bank accounts, investment accounts and portals.</li> </ul> <h3><strong>Strategic Project Leadership (Kyriba Implementation)</strong></h3> <ul> <li><strong>Functional Project Ownership:</strong> Serve as the primary Business Lead for the global rollout of Kyriba, defining future-state treasury workflows and ensuring the system meets business objectives.</li> <li><strong>Cross-Functional Collaboration:</strong> Partner with the project manager, the technology team, cross functional leaders, banks,&nbsp; and external consultants to ensure technical configurations (API, Host-to-Host, ERP integrations) align with operational requirements.</li> <li><strong>Requirement Translation:</strong> Distill complex treasury needs—such as multi-currency pooling—into clear functional specifications.</li> <li><strong>UAT &amp; Training:</strong> Validate UAT test cases, scripts and plans. Conduct UAT and provide sign-off. Ensure full adoption by broader, cross-functional finance teams through proper training and hypercare.</li> </ul> <h3><strong>Capital Markets, Strategic Support &amp; Risk Management&nbsp;</strong></h3> <ul> <li><strong>Capital Markets:</strong> Partner with the Treasurer to execute capital market transactions, including debt issuances and share buyback programs.</li> <li><strong>Hedging Strategies:</strong> Develop and execute hedging strategies to mitigate foreign exchange (FX) risk and interest rate exposure.</li> <li><strong>Strategic Support:&nbsp; </strong>Treasury due diligence, acquisition integration and support of business expansion/new business models.</li> <li><strong>Insurance Programs:&nbsp; </strong>Lead the annual renewals of our insurance programs with our insurance broker and cross functional constituents.&nbsp;&nbsp;</li> <li><strong>Counterparty Risk: </strong>&nbsp;Monitor and ensure the company is appropriately managing counter party risks.</li> </ul> <h3><strong>Team Leadership &amp; Operations</strong></h3> <ul> <li><str