Senior Director of Treasury and Treasurer

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and AI data centers. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and smarter world.

We are seeking a self-driven and motivated professional to empower onsemi’s growth and innovation by delivering strategic financial insights, fostering stakeholder trust and driving sustainable value creation through excellence in financial management. As the Senior Director of Treasury and Treasurer at our corporate headquarters in Scottsdale, AZ, this role has primary responsibilities to oversee day-to-day management of a global treasury team while driving the organization’s optimal capital structure. A successful candidate will be results oriented, have the capacity to manage and mentor the treasury team, build and maintain strong relationships with our banking partners, external service providers and internally with business teams around the world, embrace and influence change, and drive shareholder value.

onsemi Finance is undergoing an exciting period of transformation. Work is underway to modernize and streamline our existing processes and align service delivery on a global scale.  This is an exceptional opportunity to partner across onsemi and key stakeholders to influence how we provide services, drive excellence and innovation in the Finance organization.

Performance Objectives

• Lead global treasury activities and operations including cash management, cash forecasting, FX trading, debt compliance, intercompany funding strategies and cash investment strategies.
• Oversee the company’s borrowing capacity, optimal use of debt, and recommend optimal capital structure.
• Develops and maintains banking and lending relationships, negotiates and executes financing transactions as needed, including credit facilities, corporate debt, develops and reviews debt compliance and debt reporting
• Guide, mentor, and develop a team of finance professionals, fostering a culture of excellence and accountability, and continuous improvement. 
• Maintain an excellent relationship with the company's banking partners and credit rating agencies.
• Drive the investment policy, stock repurchase program, and cash investment strategy.
• Enhance plans for continuous systems improvement. Partner with key stakeholders to evaluate and implement innovative technologies and products and services that improve processes and internal controls.
• Oversee and coordinate the company's insurance management program, ensuring adherence to all relevant policies and regulations. Manage policy renewals and captive insurance strategies to optimize risk management and financial performance.
• Oversees Treasury’s participation in M&A activities, including due diligence, integration planning, and execution of treasury related integration activities.
• Keeps current with relevant banking regulations, treasury practices, banking and treasury technologies and their usage.
• Ensure compliance with treasury SOX controls, respond to internal and external audit requests, and provide recommendations to control structure.

Qualifications

• Bachelors, MBA or other advanced degree, Accounting or similar discipline
• 15+ years experience in Treasury operations in a global and publicly traded company
• 10+ years of experience managing and leading teams.
• Strong organizational and planning skills, as well as written, verbal, and analytical skills, and an attention to detail and follow-through.
• Ability to form strong working relationships across organizational boundaries.
• Minimal travel may be requested.

Preferred Experience

• Experience in the semiconductor/technology industry
• Knowledge of cash forecasting, cash management, foreign exchange/ interest rate derivatives, liquidity
• Knowledge of financing agreements and loan covenants
• Treasury operations & technology, system implementation
• Experience bringing innovative solutions to complex technical issues.
• Managing multiple projects, aligning resources, and executing project deliverables
• Experience working in a global business environment, with an understanding of international treasury practices, processes, cash consolidation and repatriation mechanics.
• Knowledge and understanding of accounting theory and practice, financial statements and footnotes.