New ABFO Member Company Open Position - Director of Treasury Operations, Arrowhead Pharmaceuticals


Director, Treasury Operations
Arrowhead Pharmaceuticals, Inc. (Nasdaq:  ARWR) is a clinical stage biopharmaceutical company that develops medicines that treat intractable diseases by silencing the genes that cause them. Using a broad portfolio of RNA chemistries and efficient modes of delivery, Arrowhead therapies trigger the RNA interference mechanism to induce rapid, deep, and durable knockdown of target genes. RNA interference, or RNAi, is a mechanism present in living cells that inhibits the expression of a specific gene, thereby affecting the production of a specific protein. Arrowhead’s RNAi-based therapeutics leverage this natural pathway of gene silencing.

Arrowhead is focused on developing innovative drugs for diseases with a genetic basis, typically characterized by the overproduction of one or more proteins that are involved with disease. The depth and versatility of our RNAi technologies enables us to potentially address conditions in virtually any therapeutic area and pursue disease targets that are not otherwise addressable by small molecules and biologics. Arrowhead is leading the field in bringing the promise of RNAi to address diseases outside of the liver, and our clinical pipeline includes disease targets in the liver, lung, and solid tumors with a promising pipeline of preclinical candidates.

Arrowhead’s corporate headquarters, commercial, clinical and regulatory teams are in Pasadena, CA with research and development teams in Madison, WI and San Diego, CA.  Our employees are nimble, science-driven innovators who are collaborating to bring new therapies to patients in need. 

Location: Pasadena, CA

The Position

The Director of Treasury Operations reports to the CFO and leads all banking and financing activities and manages $500+ million of cash and investments. Responsibilities include cash management including investing activities and investment monitoring & reporting; Management of commercial bank relationships, and business controls; Risk management including P&C insurance, D&O insurance, and clinical trial insurance.  When appropriate, develop and maintain relationships with Rating Agencies.

This position will also be part of the cash disbursement function including approval of wires and checks and other banking transactions.

This position must be able to communicate complex financial concepts to senior management and work in collaboration with various departments across the organization to meet company objectives. The Director of Treasury Operations is expected to identify and execute on process automation to improve workflow efficiencies and perform robust analyses that enhance decision-making.


  • Manage $500+ million of cash and investments; through daily cash management and management of working capital, optimize returns on idle cash while maintaining liquidity
  • Investment compliance and reporting
  • Cash positioning, cashflow forecasting and liquidity analysis
  • Develop and maintain relationships with external banking and investment partners
  • Banking administration including signatory authority and corporate resolutions, and other compliance documents
  • Evaluate banking relationships and add/replace as appropriate
  • Drive the delivery of treasury projects including but not limited to the automation of bank data to/from ERP system, merchant services, corporate card programs, or other treasury services
  • Compliance with international banking regulations and requirements, including foreign bank account set-up and reporting, Guarantees and Letters of Credit
  • Investigate applicability of future debt structures such as project financing, convertibles, general corporate obligations, or other credit facilities.
  • Facilitate payment card industry (PCI) compliance and fraud prevention, including development and delivery of fraud prevention training to mitigate risk and promote best practices
  • Maintain strong internal controls and policies with focus on bank account administration, operational funding and foreign exchange (FX) rate changes
  • Responsible for cash and treasury operations, and related internal and external audit requirements
  • Identify business process improvement opportunities and lead efficiency initiatives
  • Participate and make recommendations on 401(k) investment options in conjunction with outside advisors; review investment performance, and maintenance of investment guidelines


  • Bachelor’s degree in Finance, Accounting or related field
  • Minimum 8 years’ experience including experience within a financial services or banking establishment, and/or experience in corporate treasury operations


  • Master’s degree in Business or Finance
  • Dynamics 365 (or other large ERP) experience
  • Strong knowledge of banking administration, international experience preferred
  • Strong analytical and critical reasoning skills to make recommendations and drive change
  • Ability to adapt and handle multiple priorities in a dynamic environment
  • Results driven with demonstrated successful outcomes
  • Certified Treasury Professional (CTP) or Certified Cash Manager (CCM)
  • Understanding and experience with merchant services administration
  • Excellent written and verbal communications skills

Association of Bioscience Financial Officers

Please submit a resume and cover letter to

Arrowhead provides competitive salaries and an excellent benefit package.
All applicants must have authorization to work in the U.S. for a company.

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