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Senior Treasury Associate

Houston, TX

 

COMPANY OVERVIEW

174 Power Global is engaged in originating, developing, contracting, and operating solar power plant and energy storage facilities throughout the United States and Mexico. The company builds on a decade of global leadership in solar PV, combining first class products, processes and partnerships to deliver utility scale energy solutions, customized for local energy markets. The 174 Power Global team has expertise in all aspects of power plant financing, development, asset management, engineering, construction, operation and maintenance. Headquartered in Irvine, California, 174 Power Global is an affiliate company of Hanwha Group, a FORTUNE Global 500 firm and one of the largest business enterprises in South Korea.

 

POSITION OVERVIEW

The Treasury Associate position reports to Treasury Manager assisting in the areas of Treasury including cash management, monthly Treasury accounting, monthly cash flow forecasting, tracking of loans, Letter of Credit (LC), financing costs (e.g., interest, bank fees, etc.), and other treasury activities, as necessary. The employee may be required to perform other job-related duties as requested by management. All duties will be assigned in accordance with applicable laws and company policies.

This position is located in Houston, Texas, and the ideal candidate will be within commutable distance to the Houston office location.

 

RESPONSIBILITIES

  • Assist in day-to-day cash operations, wire transfer payments and bank templates, account maintenance, and funding.
  • Process AP, consolidate into one Payment List for Treasury Manager’s review, and initiate wire transfers, ensuring payments are released timely. Monitor daily cash position to include daily cash management for all bank accounts to ensure bank account deposit limits.
  • Maintain and reconcile deposit position to banks and SAP.
  • Communicate with multiple stakeholder groups in assisting with monthly cash forecast.
  • Participate in building relationships and liaising with the banking partners in term of bank accounts, loans, and other financing activities.
  • Assist with LC management with the Treasury Manager to issue new and existing LCs timely.
  • Prepare cash balance reporting and establish distribution cadence.
  • Assist with KYC requests from banks and support opening/closing bank accounts. Investigate and resolve day to day bank related inquiries.
  • Assist with responding to audit requests, work with external and internal auditors on supporting information requirements.
  • Assist with other special projects and analysis as needed.

 

KNOWLEDGE/SKILL REQUIREMENTS

  • Knowledge of basic banking and financial instruments.
  • Demonstrated ability to work effectively in a small team environment.
  • Demonstrated ability to work in a high-pressure, fast-paced environment.
  • Demonstrated ability to be proactive and manage timely deliverables.
  • Able to prioritize effectively, achieve commitments and deliver results.
  • Possess a high level of financial integrity, strong discipline, and a high degree of accuracy.
  • Team-oriented and able to interact effectively.
  • Excel and PowerPoint skills; experience working and extracting information from various accounting platforms (e.g., SAP) are also beneficial.

 

QUALIFICATIONS

  • Bachelor’s degree in Finance, Accounting, Economics, or equivalent work experience.
  • Minimum of 3 years’ experience in a Corporate Treasury department.
  • Operating experience with online bank platforms.
  • Basic understanding of investments, capital management and US GAAP accounting.
  • Ability to work effectively and efficiently in fast-paced and dynamic environment.
  • Bilingual, English and Korean required.
  • Operating experience with SAP is a plus.
  • CTP (Certified Treasury Professional) is a plus.

 

COMPENSATION $75,000 to $95,000 Salary

 

174 Power Global provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. www.174powerglobal.com.

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