Who We Are

Lightning AI is the company behind PyTorch Lightning. Founded in 2019, we build an end-to-end platform for developing, training, and deploying AI systems—designed to take ideas from research to production with less friction.

Through our merger with Voltage Park, a neocloud and AI Factory, Lightning AI combines developer-first software with cost-efficient, large-scale compute. Teams get the tools they need for experimentation, training, and production inference, with security, observability, and control built in.

We serve solo researchers, startups, and large enterprises. Lightning AI operates globally with offices in New York City, San Francisco, Seattle, and London, and is backed by Coatue, Index Ventures, Bain Capital Ventures, and Firstminute.

• Move Fast: We act with speed and precision, breaking down big challenges into achievable steps.

• Focus: We complete one goal at a time with care, collaborating as a team to deliver features with precision.

• Balance: Sustained performance comes from rest and recovery. We ensure a healthy work-life balance to keep you at your best.

• Craftsmanship: Innovation through excellence. Every detail matters, and we take pride in mastering our craft.

• Minimal: Simplicity drives our innovation. We eliminate complexity through discipline and focus on what truly matters.

WHAT WE’RE LOOKING FOR

We are looking for a Treasury Lead to own and scale key treasury accounting, reporting, and control processes as Lightning grows. You will play a critical role in supporting treasury-related activities across financing arrangements, capital investments, vendor obligations, cash management, hedging, and financial reporting. This role will partner closely with Finance, Accounting, Legal, Tax, Infrastructure Operations, Accounts Payable, and external auditors to ensure accurate reporting, strong controls, and scalable treasury processes.

This is a high-impact role for someone who combines strong technical accounting knowledge with an operational mindset. You will help evaluate complex financing structures, support accounting conclusions, maintain documentation, and strengthen the control environment around treasury activities. The treasury scope is deep, leadership visibility is high, and the work directly supports capital allocation, infrastructure growth, audit readiness, and financial accuracy.

This is a hybrid role based in either New York City or San Francisco with in-office requirements of 2 days per week. The salary range for this role is $185,000–$200,000.

WHAT YOU'LL DO

Build and own the treasury function

• Stand up Lightning AI's treasury operating model across the multi-entity group
• Establish treasury policies, controls, signature authorities, and procedures from the ground up
• Select and implement the treasury management system (TMS) and integrate it with NetSuite and the company's banking infrastructure
• Develop the multi-year treasury roadmap, including process design, automation priorities, and FTE buildout

Cash management and banking

• Own daily cash positioning, short-term liquidity forecasting, and intercompany cash movement across the entities
• Own the 13-week operational cash forecast on a weekly cadence, and partner with FP&A on the 12-month and long-range cash forecast — providing the cash-conversion layer that translates the operating plan into liquidity outcomes
• Manage banking relationships, account structure, and bank fee analysis; rationalize the post-merger banking footprint
• Oversee the payment operations partnership with Accounts Payable, including wire and ACH controls and fraud prevention

Debt, vendor financing, and covenant compliance

• Manage existing debt facilities, vendor financing, and equipment financing across the group, including draw and repayment schedules, interest, and fees
• Lead negotiation and execution of new vendor financing arrangements with hardware OEMs in support of GPU and data center capex
• Build and operate the covenant compliance reporting cadence, including financial covenants, reporting covenants, and lender notification requirements
• Partner with Strategic Finance on debt structuring, refinancing, and new capital raises

Risk management

• Establish counterparty risk monitoring across banks, vendors, and lenders
• Assess and execute FX hedging where exposures arise — currently limited, expanding as the business scales
• Coordinate the insurance program with Legal and Operations

Investment and capital structure

• Manage corporate cash investment policy and execution within board-approved guidelines
• Support capital structure analysis and optimization in partnership with Strategic Finance
• Provide treasury input on operating model design and entity structure decisions

Audit and cross-functional partnership

• Partner with the Technical Accounting team on the accounting treatment of treasury transactions — debt, vendor financing, derivatives, embedded features — providing the operational facts and documentation that support their technical conclusions
• Support the first-year audit on treasury-related areas, including cash confirmations, debt and financing schedules, covenant compliance documentation, and counterparty letters
• Communicate treasury matters clearly to non-treasury stakeholders across Finance, Accounting, FP&A, Legal, Tax, Infrastructure Operations, and the executive team

WHAT YOU'LL NEED

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field; CTP, CFA, or MBA strongly preferred
• 8+ years of progressive treasury experience, with a mix of corporate treasury and ideally banking or capital markets exposure
• Strong command of corporate cash management, banking operations, and short-term liquidity forecasting
• Hands-on experience managing debt facilities and vendor or equipment financing arrangements, including covenant compliance
• Experience selecting, implementing, or substantially upgrading a treasury management system
• Track record of building treasury infrastructure — policies, controls, banking architecture, and reporting cadences — in a high-growth or post-merger environment
• Comfort with capex-heavy, capital-intensive business models, and a working understanding of how vendor financing, equipment financing, and asset-backed structures operate in practice
• Strong analytical skills with exceptional attention to detail, accuracy, and documentation quality
• Excellent written and verbal communication, with the ability to brief executives and translate treasury for non-treasury audiences
• Track record of cross-functional partnership with Accounting, FP&A, Legal, Tax, banks, lenders, and external advisors
• Bias toward building rather than maintaining; comfort operating in a fast-paced, foundation-building environment

Particularly strong candidates will bring:

• Prior treasury experience at a high-growth AI, cloud, infrastructure, or other capex-intensive technology company
• Direct experience negotiating vendor financing with hardware OEMs
• Experience supporting a first-year audit or significant treasury remediation
• Multi-entity treasury experience, including post-merger cash and banking integration
• Working knowledge of derivatives and hedge accounting concepts at an operational level — technical accounting is handled by the Corporate Accounting team

Benefits and Perks

We offer competitive base salaries and equity with a 25% one year cliff and monthly vesting thereafter. For our international employees, we work with our EOR to pay you in your local currency and provide equitable benefits across the globe.

In the US, we offer:

• Medical, dental and vision
• Life and AD&D insurance 
• Flexible paid time off including winter closure
• Paid family leave benefits
• $500 one time home office stipend
• $1,000 annual learning & development stipend 
• 100% Citibike membership (NYC only)
• $45/month gym membership 
• Additional various medical and mental health services

At Lightning AI, we are committed to fostering an inclusive and diverse workplace. We believe that diverse teams drive innovation and create better products. We provide equal employment opportunities to all employees and applicants without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic. We are dedicated to building a culture where everyone can thrive and contribute to their fullest potential.