Apply on Employer Site

Altera · 2 months ago

Director, Global Treasury

San Jose, California, United States

Full-time

Onsite

Director/Executive

$160K/yr - $231K/yr

10+ years exp

Altera is a leader in programmable logic solutions, focusing on high-performance FPGA technology for various industries. They are seeking a Director, Global Treasury to establish and lead the Global Treasury Function, working closely with FP&A and Legal organizations to manage banking strategies, cash flow, and investment management.

Enterprise SoftwareManufacturingSemiconductorSoftware

Responsibilities

Establish, build and maintain global banking and bank account strategy to achieve a secure, flexible, and low-friction operational structure

Hire team to administer and support this structure, including: bank account maintenance and monitoring, performing bank reconciliations, including directly recording some journal entries (as required), define and maintain banking systems and apparatus -including bank portal access and activity, and support investment management requirements

Establish key banking and cash flow dashboarding to provide frequent and actionable insights

Build and maintain banking relationships, and stay current with banking products and activities to ideate or support future initiatives

Build and implement a baseline investment management strategy, with a cash preservation objective, while taking advantage of high-quality yields as available

Direct foreign currency holding strategies and objectives; aligned with foreign entity cash flow requirements

Directly support the design and implementation of Altera’s ERP cash module, as well as any other required treasury systems. Partner with other groups to establish other complementary modules

In partnership with FP&A, implement cash forecasting apparatus focused on (a) short term (next 30 days) of cash requirements and liquidity; and (b) connection with longer term cash flow modeling

Design, implement, and maintain foundational treasury policies

Responsible for selected and specialty month-end close procedures and reporting

Establish and monitor org-wide Insurance – including full preparation and roadshow to prospective underwriters, evaluating and benchmarking insurance options, recommending insurance solutions, and managing day-to-day insurance activities

Key partnerships with Legal, Tax, and Global Accounting Operations leaders

Qualification

Treasury experienceBanking experiencePeople leadershipInternational bankingSOX complianceCommunication skillsMBACPAInterpersonal skillsAttention to detail