Manager, Treasury

Manager, Treasury

FLSA Classification: Exempt

Salary Range: $140,000 - $150,000 plus bonus and incentive stock options

Reports to: VP, Corporate Finance

Location: Brooklyn, NY (Hybrid)

About The Company:

NineDot's name derives from the classic mathematical puzzle for sparking out-of-the-box solutions. As a leading community-scale, clean energy developer with a growing portfolio of projects across a range of technologies, NineDot Energy is creating innovative energy solutions that support a more resilient electric grid, deliver economic savings, address environmental justice and reduce carbon emissions. We plan to develop, build and operate more than 400 MW of clean energy systems by 2026 that will strengthen the local power grid infrastructure and provide clean, reliable and resilient power to tens of thousands of New York households and businesses. This is all in support of New York State’s mission to achieve 100% clean energy by 2040.

With the backing of Manulife Investment Management and The Carlyle Group - two of the world’s leading infrastructure investors - NineDot is continuing to expand its core battery energy storage pipeline, deliver enhanced products and services, explore new regions and consider potential acquisitions all to advance the decarbonization of New York’s grid. This is an exciting opportunity to build a platform from the ground-up with a world-class team of developers and innovators. NineDot is committed to building a company that exemplifies diversity, equity and inclusion values in its team culture, as well as business practices and community engagement.

Job Summary

NineDot is seeking an experienced and strategic Treasury Manager to lead and optimize our cash management, banking relationships, and financial risk mitigation efforts. This role is crucial in ensuring financial stability and efficiency as we scale our operations in the renewable energy sector. The Treasury Manager will develop and execute treasury policies, oversee liquidity planning, and collaborate with internal stakeholders to enhance treasury functions. This position requires a proactive individual with strong analytical skills, leadership capabilities, and a deep understanding of treasury operations.

Responsibilities:

• Oversee daily cash positioning, forecasting, and liquidity management to ensure operational efficiency.
• Develop strategies to optimize working capital and cash flow across multiple projects and entities.
• Manage execution of electronic and non-electronic fund transfers, foreign exchange transactions, and investments.
• Ensure connectivity between ERP systems and banking platforms for streamlined operations.
• Lead analysis and strategy development for mitigating interest rate, foreign exchange, and credit risks.
• Manage restricted cash accounts and ensure proper waterfall distributions.
• Develop risk management frameworks and policies to enhance financial stability.
• Maintain and strengthen banking relationships, negotiating terms and services to optimize costs and efficiencies.
• Oversee new bank account openings, Know-Your-Customer (KYC) documentation, and compliance with regulatory requirements.
• Lead fee analysis and cost-saving initiatives for banking services.
• Support financing initiatives, including debt structuring, capital allocation, and financial instrument selection.
• Ensure compliance with financial regulations, treasury policies, and reporting standards.
• Develop and implement internal controls to safeguard company assets and mitigate financial risks.
• Collaborate with internal and external auditors on treasury-related reviews and reporting.
• Develop and implement best practices for treasury operations, ensuring alignment with business objectives.
• Identify opportunities to enhance automation, process efficiency, and reporting accuracy.
• Stay informed on market trends, regulatory changes, and innovations in treasury management.
• Partner with Project Finance, Accounting, Engineering, and Operations teams to support financial decision-making.
• Provide insights on cash flow, funding strategies, and risk mitigation to drive business growth.
• Manage the payment process and ensure timely principal and interest payments for loans.
• Support capital allocation decisions and financial planning initiatives.
• Perform other tasks and projects as assigned.

Core Competencies:

• Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
• Drives Results - Constantly achieving results, even under tough circumstances.
• Interpersonal Savvy - Relating openly and comfortably with diverse groups of people.
• Manages Ambiguity - Operating effectively, even when things are not certain or the way forward is not clear.
• Nimble Learning - Actively learning through experimentation when tackling new problems, using both success and failures as learning fodder
• Plans and Aligns - Planning and prioritizing work to meet commitments aligned with organizational goals.
• Tech Savvy - Anticipating and adopting innovations in business-building digital and technology applications.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field; CTP or CFA certification is a plus.
• 5+ years of experience in treasury, corporate finance, or a related function, preferably in the renewable energy, infrastructure, or clean technology sector.
• Strong knowledge of cash management, treasury operations, banking relationships, and risk management.
• Proficiency in treasury management systems (TMS), ERP systems, and financial modeling tools.
• Demonstrated experience in liquidity forecasting, working capital management, and compliance.
• Exceptional analytical, organizational, and communication skills, and self-sufficient.

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.  

At NineDot Energy, we believe diverse perspectives drive innovation and are the foundation of our success. As such, we do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, age, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

 If you're passionate about this role but don’t meet every qualification listed, we still encourage you to apply. You may be the right candidate for this or other opportunities with us. We’re committed to building a team that reflects a broad range of experiences, backgrounds, and skills.

NineDot Employee benefits include but are not limited to:

• Medical, dental and vision coverage
• 5% employer match on your 401k retirement account
• 20 paid vacation days off, plus 7 sick days, 9 federal holidays and 3 personal floating holidays
• 12 weeks of 100% paid parental leave for both the primary and secondary care giver within the first year of birth or adoption
• Wellness initiatives including a $1,000 stipend
• 16 volunteer hours plus two planned company-wide volunteer outings per year