Treasury Analyst

Company Description

Join a multibillion-dollar global company that brings together amazing technology, people, and operational scale to become a powerhouse in the memory industry. Headquartered in Rancho Cordova, California, Solidigm combines elements of an established, successful technology company with the spirit, agility, and entrepreneurial mindset of a start-up. In addition to the U.S. headquarters and other facilities in the U.S., the company has international presence in Asia, Europe, and the Americas. Solidigm will continue to lead the world in innovating new Memory technologies with aspirations to be the #1 NAND memory company in the world. At Solidigm, we view problems as opportunities to define innovative solutions that hold the power to change the world and unleash the potential technological needs that the future holds. At Solidigm, we are One Team that fosters a diverse, equitable, and inclusive culture that embraces individual uniqueness and empowers us to bring our best selves to deliver excellence in support of Solidigm's vision and mission to be the go-to partner for optimized data storage solutions. You can be part of the takeoff of an innovative business that develops cutting-edge products, delivers strong business value for customers, provides an engaging workplace for its employees, and serves a greater impact on the world. This is a golden opportunity for the right applicant to join us and help design, build, and lead Solidigm. We want a diverse team of dedicated professionals who will not just be Solidigm team members but contribute to how we shape the future of the organization. We are seeking applicants who will grow and thrive in our culture; be customer inspired, trusting, innovative, team-oriented, inclusive, results driven, collaborative, passionate, and flexible.

Job Description

Job Description Summary: We are seeking a highly motivated and detail-oriented Treasury Analyst to join our Treasury team. The Treasury Analyst will play a key role in supporting the Treasury team and managing various treasury functions, including daily funding, intercompany funding, payment processing, and more. This position offers an opportunity to contribute to the automation of treasury operations and cost-saving initiatives.

Job Description:

Key Responsibilities:

Cash Management

• Support daily cash operations, payment processing, money market fund execution, bank account validations, tax and other payments.
• Conduct cash reconciliations, bank statement validations, GL cash variance reconciliations, provide supporting documentation.
• Liaison with various internal partners including tax, accounting, payroll, audit, customs and trade, FP&A, Accounts Payable, and others.
• Support bank documentation requirements, bank portal entitlement changes and help manage bank signatory updates.
• Monitor ongoing payment requests, verify settlement statements, reconcile bank billing, update investment rates.
• Support the onboarding of existing/ new banks, including working with colleagues on compiling information needed for Know-your-Customer (KYC) and assisting with the onboarding efforts (IT and Accounting) of banks.

Cash Flow Forecasting

• Support daily, weekly and monthly liquidity and cash forecasting efforts.

Foreign Exchange (FX)

• Support FX transactions (spot and derivatives) at Solidigm as assigned – Trade initiation at FX platform/ ERP, settlement support, supporting the manager in communications with banks and accounting as needed, etc.
• Support Balance Sheet Hedging Program – data analysis and review.

Loan/ Financing Operations

• Support loan/ financing transactions and operations.
• Serve as a backup on maintaining debt schedules; ensure timely request of interest and principal settlement/ rollover.
• Support the documentation of new or existing loan agreements.
• Communicate with internal stakeholders to track compliance and covenants.
• Optimization of working capital.

Audit/ Accounting Backup support/ Projects

• Assist with internal/ external audit requests and help prepare and provide backup to Accounting.
• Assist with ad-hoc projects from time to time

Qualifications

• Bachelor's degree in finance, Accounting, or a related field
• 2 years of experience in treasury or financial analyst roles.
• Strong understanding of treasury operations and banking transactions.
• Proficiency in using treasury management systems and banking portals.
• Excellent communication and interpersonal skills.
• Detail-oriented with a high degree of accuracy.
• Ability to work collaboratively in a team and across departments.
• Proven ability to lead intercompany funding efforts.
• Experience in process automation and cost-sav