Director, Treasury

Tenstorrent is leading the industry on cutting-edge AI technology, revolutionizing performance expectations, ease of use, and cost efficiency. With AI redefining the computing paradigm, solutions must evolve to unify innovations in software models, compilers, platforms, networking, and semiconductors. Our diverse team of technologists have developed a high performance RISC-V CPU from scratch, and share a passion for AI and a deep desire to build the best AI platform possible. We value collaboration, curiosity, and a commitment to solving hard problems. We are growing our team and looking for contributors of all seniorities.

We are seeking a Director of Treasury to lead our global treasury strategy and function. This leadership role will be responsible for managing cash, liquidity, investments, and debt portfolio decisions, ensuring financial flexibility to support our continued expansion. This leadership role will have the opportunity to build a world-class treasury function including, but not limited to, payments processing, credit and collections, banking, and risk management capabilities. This role will partner with finance leadership and with banking partners to drive best-in-class treasury operations in a high-growth, international environment.

This role is hybrid, based out of Santa Clara, CA; Austin, TX; or Toronto, ON.

We welcome candidates at various experience levels for this role. During the interview process, candidates will be assessed for the appropriate level, and offers will align with that level, which may differ from the one in this posting.

 

Responsibilities:

• Cash & Liquidity Management: Oversee and optimize management of a $400M+ cash portfolio, ensuring adequate liquidity to support operational and strategic needs.
• Capital Markets: Lead treasury strategy to support startup fundraising activities, working closely with finance and executive leadership on equity and debt raises.
• Investment & Debt Management: Develop and execute strategies for a balanced mix of investments and debt, optimizing returns while mitigating risk.
• International Banking: Manage global banking relationships and international cash operations, ensuring regulatory compliance and risk management across jurisdictions.
• Risk & Compliance: Implement treasury policies, controls, and risk management strategies, including FX risk management.
• Treasury Operations: Lead treasury technology and automation initiatives to enhance efficiency and reporting.
• IPO Readiness: Partner with leadership to prepare the company for potential IPO readiness, working closely with investment banking partners and financial advisors.

 

Experience & Qualifications:

• 12+ years of treasury and/or banking experience, including demonstrated leadership in corporate treasury or investment banking.
• High-growth technology company experience, ideally in a startup or scaling environment.
• Deep expertise in leading investment and debt strategies and in managing a $400M+ cash portfolio.
• Strong international banking experience, managing treasury functions across multiple geographies.
• Strong leadership skills with the ability to build and scale a world-class Treasury function.
• Exceptional communication and presentation skills.
• Masters degree in related discipline is a plus.
• IPO experience is a strong plus.

 

Compensation for all engineers at Tenstorrent ranges from $100k - $500k including base and variable compensation targets. Experience, skills, education, background and location all impact the actual offer made.

Tenstorrent offers a highly competitive compensation package and benefits, and we are an equal opportunity employer.

Due to U.S. Export Control laws and regulations, Tenstorrent is required to ensure compliance with licensing regulations when transferring technology to nationals of certain countries that have been licensing conditions set  by the U.S. government.

Our engineering positions and certain engineering support positions require access to information, systems, or technologies that are subject to U.S. Export Control laws and regulations, please note that citizenship/permanent residency, asylee and refugee information and/or documentation will be required and considered as Tenstorrent moves through the employment process.

If a U.S. export license is required, employment will not begin until a license with acceptable conditions is granted by the U.S. government.  If a U.S. export license with acceptable conditions is not granted by the U.S. government, then the offer of employment w