Treasury Director

Reposted 4 Days Ago
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Irvine, CA, USA
In-Office
175K-210K Annually
Expert/Leader
Artificial Intelligence
The Role
The Treasury Director will lead treasury and risk management functions, optimize cash flow, manage corporate bank relationships, supervise treasury personnel, and implement strong internal controls.
Summary Generated by Built In

Summary Description:

Syntiant Corp., a leader in the high-growth AI software and semiconductor solutions space, is looking for an experienced and talented Treasury Director to take on a critical role with expansive responsibilities to enhance the Finance function in a growing organization.

The Treasury Director will be responsible for providing strategic leadership for the treasury and risk management functions. The position will be responsible for implementing strong controls over the treasury, cash and risk management functions as well as supervising treasury and field finance resources to optimize cash management and provide for adequate risk management. The position will provide guidance and oversight to optimize working capital and free cash flow. Additionally, the position will be responsible for corporate debt and day-to-day banking relationships.


Requirements

Specific Duties and Responsibilities:

  • Develop and maintain policies and strong internal controls over the treasury and risk management functions, including online banking platform administration, and partner with accounting on testing and improvement of the control environment.
  • Manage debt contracts and debt covenant and related credit agreement covenant reporting and analysis.
  • Manage day-to-day corporate bank relationships including evaluation and change in global banking partners to optimize services and fees.
  • Oversee cash flow forecasting and provide guidance to control and optimize working capital through collaboration with the FP&A function, business unit finance and supply chain.
  • Lead risk management function including analysis and corresponding mitigation of foreign currency and interest rate risks. 
  • Own the analysis, placement and optimization of insurance coverage through partnering with the operations function including owning the insurance broker relationship and program management.

Qualifications, Education, and Experience Required:

  • BS/BA degree in Accounting or Finance; CPA or MBA a plus.
  • At least 12 years of work experience in the corporate finance/treasury function of a global company, specifically with operations in Asian markets.
  • Strong technical knowledge of treasury operations (including FX hedging) and risk management.
  • Experience with compliance, cash management reporting, and internal controls is required.
  • Capability to develop and improve treasury policies and processes.
  • Experience working in matrix organizations with the capability to effectively work with and through field finance resources.
  • Strong collaboration and teamwork skills with effective relationship building and influence.
  • Strong process orientation; well-structured and well-organized.
  • Strong project management, leadership, analytical and problem-solving skills.
  • Excellent verbal and written communication skills.
  • Solid financial and business acumen.
  • Self-starter with strong work ethic and a passion for a fast-paced environment.
  • Able to handle multiple assignments and manage competing priorities with tight deadlines.
  • Demonstrated ability to roll-up sleeves and work with team members in a hands-on management capacity.

Benefits

Benefits Summary:

  • Medical: Several plan options including PPO and HSA-compatible plans from Anthem Blue Cross, most of which are 100% paid by Syntiant Corp. for you and your family. 
  • Dental: Company-paid dental PPO coverage from MetLife, including coverage for Orthodontia. 
  • Vision: Company-paid vision PPO coverage from MetLife / VSP. 
  • Life Insurance / AD&D: Company-paid basic Life / AD&D coverage in the amount of 3x your salary (up to $1,000,000). Additional supplemental life insurance with low group rates is available for yourself and your family. 
  • Disability Coverage: Company-paid Short Term and Long-Term Disability coverage provides up to 60% income replacement protection. 
  • Spending and Savings Accounts: Flexible Spending Account (FSA) benefits for Health Care and Dependent Care. Health Savings Accounts (HSA) for those enrolled in a qualified Medical plan. 
  • 401K Retirement Plan: Administered by Empower, the 401(k) plan allows you to plan for your future by investing a portion of each paycheck. 
  • Other Benefits: A company-provided Employee Assistance Program (EAP), as well as access to additional voluntary benefits including Accident, Critical Illness, Hospital Indemnity, Legal Support, and Identity Fraud Protection.

About Syntiant:

Founded in 2017 and headquartered in Irvine, Calif., Syntiant Corp. is a leader in delivering hardware and software solutions for edge AI deployment. The company’s purpose-built silicon and hardware-agnostic models are being deployed globally to power edge AI speech, audio, sensor and vision applications across a wide range of consumer and industrial use cases, from earbuds to automobiles. Syntiant’s advanced chip solutions merge deep learning with semiconductor design to produce ultra-low-power, high performance, deep neural network processors. Syntiant also provides compute-efficient software solutions with proprietary model architectures that enable world-leading inference speed and minimized memory footprint across a broad range of processors. The company is backed by several of the world’s leading strategic and financial investors including Intel Capital, Microsoft’s M12, Applied Ventures, Bosch Ventures, the Amazon Alexa Fund, and Atlantic Bridge Capital. More information on the company can be found by visiting www.syntiant.com.

One element in our total compensation package is base pay.  The starting base pay for this role is targeted to be between $175,000 and $210,000. Individual compensation decisions are based on a number of factors, including but not limited to previous experience and skills acquired prior to joining Syntiant, cost of living in the assigned work location, assigned schedule, and salaries of similarly situated peers at the company. It is to be expected that candidates will come to us with different sets of skills and experiences and therefore will be paid at different points in the stated range. We recognize that the person(s) we select for hire may be less experienced or more experienced than the role as posted; if this is the case, any updates to available salary ranges will be communicated with candidates during the recruitment process.  

Skills Required

  • BS/BA degree in Accounting or Finance; CPA or MBA preferred
  • At least 12 years of work experience in corporate finance/treasury
  • Strong technical knowledge of treasury operations and risk management
  • Experience with compliance, cash management reporting, and internal controls
  • Strong collaboration and teamwork skills
  • Strong project management and analytical skills
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The Company
Cambridge, MA
0 Employees

What We Do

Syntiant produces unique, always-on and low-power AI solutions that bring new levels of human voice interaction to keyboards, touch screens, mice and additional digital devices.

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