Senior Director, Treasury

Company Description

At Western Digital, our vision is to power global innovation and push the boundaries of technology to make what you thought was once impossible, possible.

At our core, Western Digital is a company of problem solvers. People achieve extraordinary things given the right technology. For decades, we’ve been doing just that. Our technology helped people put a man on the moon.

We are a key partner to some of the largest and highest growth organizations in the world. From energizing the most competitive gaming platforms, to enabling systems to make cities safer and cars smarter and more connected, to powering the data centers behind many of the world’s biggest companies and public cloud, Western Digital is fueling a brighter, smarter future.

Binge-watch any shows, use social media or shop online lately? You’ll find Western Digital supporting the storage infrastructure behind many of these platforms. And, that flash memory card that captures and preserves your most precious moments? That’s us, too.

We offer an expansive portfolio of technologies, storage devices and platforms for business and consumers alike. Our data-centric solutions are comprised of the Western Digital®, G-Technology™, SanDisk® and WD® brands.

Today’s exceptional challenges require your unique skills. It’s You & Western Digital. Together, we’re the next BIG thing in data.

Job Description

Overview: Western Digital (WDC) is seeking a senior level treasury professional to provide leadership support to the Treasurer and be a key hands-on contributor for day to day worldwide treasury functions. The treasury team is responsible for managing WDC’s capital structure (cash, debt and equity), cash management, worldwide funding and liquidity forecasting, foreign exchange and interest rate risk management, and investments.

This position will report to the Treasurer and will work closely with Corporate Chief Accounting Officer, VP of Tax, VP of FP&A, International Site Controllers, internal and external legal counsels, and multiple financial institutions.

This position is based at WDC’s Office in San Jose, CA and requires a strong manager/mentor, highly motivated individual with a positive attitude, strong analytical and excellent communications skills to manage and grow these functions and develop the staff.

Responsibilities:

• Analyze and recommend capital structure strategies; evaluate and execute all capital markets transactions; oversee the transfer and paying agent activities regarding the Company’s debt and equity securities
• Manage debt covenant calculation, compliance & reporting, debt interest calculation and net interest forecasting
• Oversight and management of the company’s global banking operations and domestic liquidity management
• Maintain and develop bank and credit relationships, including rating agencies
• Perform business and legal review of banking and other financial counterparty agreements and parent guarantees
• Develop and maintain cash management strategies, policies, procedures and systems to enhance operational controls and efficiencies
• Monitor cash position to cover cash commitments; manage WW subsidiary cash requirements; coordinate movement of excess cash to and from investment accounts. Execute overnight borrowing and investment of corporate liquidity
• Coordinate with Tax and Legal team and project manage worldwide repatriations and funding requirements
• Guide management of the investment portfolio within policy guidelines and recommend policy updates as needed
• Coordinate with Collections, AP and other departments in preparation for US liquidity forecast and company’s free cash flow forecast
• Responsible for treasury management system and lead treasury systems projects
• Oversee all systems and month-end reporting related to these activities
• Support operational needs as required by SOX, Accounting, and Tax

Qualifications

• 10+ years of experience in treasury operations with increasing responsibilities in a multinational organization
• Solid understanding of capital markets, fixed income markets, macroeconomics, and relevant accounting standards
• Demonstrated experience and success in developing and executing capital market transactions and strategies
• Excellent analytical, verbal and written communication skills
• Demonstrated leadership and ability to effectively manage cross-functional projects
• Self-motivated individual with ability to multitask in a very fast paced environment and demonstrated abilities in prioritizing and managing multiple projects with minimal direction
• Demonstrated ability to develop strong working relationships and trust with a broad range of individuals, up to the Executive level
• Ability to communicate complex information clearly and con