Director of Treasury, Dropbox
$187.7-285.7k
Salary varies by location; Eligible for the corporate bonus program + stock in the form of Restricted Stock Units (RSUs)
Smart workspace company
Be an early applicant
Smart workspace company
1001+ employees
Be an early applicant
$187.7-285.7k
Salary varies by location; Eligible for the corporate bonus program + stock in the form of Restricted Stock Units (RSUs)
1001+ employees
Company mission
Dropbox's mission is to design a more enlightened way of working.
Role
Who you are
- The ideal candidate should have a solid comprehension of treasury tasks, including dealing with capital markets and forecasting cash flow
- They must also possess impressive analytical abilities and be innovative in solving problems in a dynamic tech environment
- This role is perfect for a seasoned treasury professional, with tenured experience developing and managing team members who thrives in an innovative setting and wants to drive strategic financial initiatives at a publicly traded tech company
- 12+ years of progressive treasury, corporate finance, or banking experience, preferably in a publicly traded tech company
- Robust knowledge of capital markets, liquidity management, and share repurchase programs
- Experience with treasury management systems (TMS), cash forecasting models, and debt instruments
- Proficiency in financial modeling, risk analytics, and scenario analysis
- Impressive communication and stakeholder management skills, with the ability to partner cross-functionally
- Bachelor’s degree in Finance, Economics, Accounting, or related field (MBA, CFA, or CTP preferred)
What the job involves
- We are seeking a skilled and strategic Treasury Director to join our Tax & Treasury team
- As Treasury Director, you will play a critical role in managing Dropbox’s financial health by overseeing global cash management, capital markets, and risk mitigation strategies
- In this position, you will ensure Dropbox maintains robust liquidity, an optimized capital structure, and robust treasury operations to support our growth and transformation
- This is a high-visibility role reporting to the Chief Tax Officer and Treasurer
- This role requires close collaboration with Dropbox's senior finance executive team, including CFO, FP&A, Tax, Legal, Accounting, Investor Relations, and external banking partners
- You will help develop and execute strategies to maximize capital efficiency, manage financial risk, and support long-term shareholder value creation
- Further, the Treasury Director is in charge of managing and developing the Treasury team, providing management, direction, and strategic oversight to ensure operational excellence
- You will have the opportunity to work on complex financial transactions, capital allocation planning, and global risk management initiatives, making a significant impact on the company’s financial strategy
- Coach and Mentor Talent – Foster professional growth by mentoring and developing team members, creating career development plans, and identifying training opportunities
- Build a robust treasury department - Establish exemplary processes, policies, and rules. Continue to improve in all areas
- Foster a Culture of Excellence – Create an environment that promotes innovation, accountability, and continuous learning within the treasury function
- Help create and implement a strategy to better manage our company's finances. This involves getting new funding, restructuring debt, repurchasing stock, and giving profits back to shareholders
- Manage compliance & governance requirements, debt covenants, and rating agency interactions
- Evaluate and execute strategies to mitigate FX, interest rate, and financial risk management
- Oversee global cash positioning and forecasting, ensuring proficient working capital management
- Develop and execute liquidity strategies to support business growth and capital allocation objectives
- Forecasting & Analysis: Assist in financial forecasting, budgeting, and strategic planning for cash flow and funding needs
- Manage inter-company funding and cash repatriation strategies
- Maintain deep banking relationships and oversee bank account structures and controls
- Lead treasury technology enhancements, including automation and integration of cash management systems
- Ensure compliance with SOX, regulatory requirements, and internal treasury policies
- Manage Dropbox’s global insurance portfolio, including property, cyber, D&O, and other corporate policies
- Evaluate insurance coverage adequacy and identify gaps in risk protection, working closely with brokers and underwriters to optimize policies
Our take
Dropbox started by helping people bring together their files in one central place. The contents of these folders are synchronised to Dropbox's servers along with other computers and devices where the user has installed Dropbox, keeping the same files up-to-date across all devices.
Nowadays, there are lots of competing companies in cloud storage, and some with better distribution (e.g. Google and Apple). This explains why Dropbox is making a big push to reinvent itself after a fairly disappointing run since its IPO in 2018. The new Dropbox turns folders into "Spaces", which are collaboration hubs for teams, complete with comment streams, artificial intelligence tools and integrations into services such as Slack.
The company continues to build out its offerings through acquisitions, such as that of Formswift, bolstering its end-to-end agreement workflow capabilities. Indeed, It's very clear that Dropbox is trying to make a big move from being just a storage company. This seems to be a necessary move given the competitive nature of the industry it is operating within.
Freddie
Company Specialist at Welcome to the Jungle
Insights
3% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Jan 2014
$350m
SERIES C
Oct 2011
$250m
SERIES B
Total funding: $607.3m
Company benefits
- Medical, dental, and vision coverage
- We offer a generous company contribution toward individual medical, dental, and vision insurance coverage, including contributions toward dependent premiums
- Keep sharing and collaborating with friends and family even when you’re not at work with free Dropbox space for your whole crew
- Take the vacation you’ve always dreamed of with up to four consecutive weeks of paid time off
- Celebrate common holidays without your paycheck taking the hit with 11 company paid holidays
- Each Dropboxer has access to 32 hours of paid volunteer time off each year that they can use to support the causes close to their hearts
- We regularly offer panels and seminars featuring the best minds in tech, talent, diversity, and beyond that any Dropboxer can attend from the comfort of their home
- No two Dropboxers are the same, and their benefits shouldn’t be either. Our Perks allowance empowers employees to customize their benefits in line with what really matters to them
- Start building a successful 401K retirement plan with our dollar for dollar contribution match, up to $1,500 per quarter to a maximum of $6,000 per calendar year
Company HQ
Mission Bay, San Francisco, CA
Leadership
Arash Ferdowsi
(CTO)Studied Computer Science at MIT before founding Dropbox straight out of university
Drew Houston
(CEO)Studied Computer Science at MIT before founding Dropbox straight out of university
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