Director, Assistant Treasurer (San Diego/Hybrid)

Illumina•San Diego, CA

37d•Hybrid

About The Position

At Illumina, we are expanding access to genomic technology to realize health equity for billions of people around the world. Our efforts enable life-changing discoveries that are transforming human health through the early detection and diagnosis of diseases and new treatment options for patients. Working at Illumina means being part of something bigger than yourself. Every person, in every role, has the opportunity to make a difference. Surrounded by extraordinary people, inspiring leaders, and world changing projects, you will do more and become more than you ever thought possible. Position Summary: The Director, Assistant Treasurer oversees the company's global treasury operations and strategy execution, ensuring effective capital structure, liquidity management, and financial risk mitigation across geographies. Operating within a matrixed, global organization, this role partners closely with Finance, Legal, Compliance, Tax, and operational leaders to strengthen financial governance, controls, and risk frameworks. The Director provides strategic and analytical support to senior leadership on cash forecasting, capital planning, and financing activities. This role is accountable for optimizing liquidity, implementing treasury systems and controls, and ensuring compliance with regulatory and audit requirements. The position requires strong technical expertise, operational execution, and the ability to influence across global functions. This is a full-time role, Monday through Friday, with an expectation of 2- 3 in-office days per week and additional on-site presence as needed. The individual must reside in the San Diego area and be able to commute to our corporate offices. Relocation assistance may be available and should be completed within a six (6) month period or a mutually agreed upon time.

Requirements

Typically requires a bachelor's degree and a minimum of 15-18 years of related experience, including 10+ years in a management capacity, or an equivalent combination of education and experience.
Bachelor's degree in finance, Accounting, Business Administration, or a related field.
Proven success managing global treasury operations in a public, multinational organization.
Expertise in liquidity management, debt, FX, and investment strategies.
Strong knowledge of SOX compliance, internal controls, and treasury systems (e.g., Kyriba, SAP Treasury).
Advanced Excel modelling capabilities.

Nice To Haves

MBA, CPA, CFA, or CTP (Certified Treasury Professional) preferred.
Experience in healthcare, life sciences, or technology industries.

Responsibilities

Contribute to the development and execution of the company's global treasury strategy, ensuring efficient capital structure, liquidity, and funding.
Provide analysis and recommendations to the Treasurer and CFO on capital allocation, debt management, and investment strategies.
Support development of multi-year capital and financing plans aligned with business growth and shareholder objectives.
Manage global liquidity and cash flow forecasting to ensure adequate funding for operations and strategic initiatives.
Optimize working capital and cash conversion cycles in partnership with FP&A and business finance.
Maintain and enhance banking infrastructure, ensuring control, efficiency, and compliance.
Identify and directly manage foreign exchange, interest rate, and counterparty credit risks.
Implement and monitor FX hedging and risk mitigation strategies consistent with corporate policy.
Provide periodic reporting on exposures and hedging effectiveness to leadership and the Audit Committee.
Oversee daily global treasury operations, including cash positioning, investments, and intercompany funding.
Lead treasury transformation projects, including system implementations (e.g., Kyriba, SAP Treasury) and process standardization across regions.
Ensure compliance with SOX, audit, and internal control standards.
Serve as the company's primary relationship manager with global banking partners, credit agencies, and financial institutions.
Negotiate credit facilities, manage debt issuance, and oversee compliance with financial covenants and regulatory filings.
Monitor market developments, assess capital markets opportunities, and prepare management for potential financing or refinancing activities.
Oversee corporate insurance programs, including renewals, coverage optimization, and claims coordination.
Collaborate with Legal, Compliance, and Operations to align insurance coverage with enterprise risk priorities.
Partner with FP&A, Tax, Legal, and Accounting to align treasury operations with business needs.
Contribute to M&A due diligence and integration activities related to liquidity and risk.
Support development of global treasury policies, procedures, and governance frameworks.
Lead, mentor, and develop a team of treasury professionals focused on operational excellence and continuous improvement.
Promote a culture of accountability, collaboration, and innovation across regions.

Benefits

We offer a wide range of benefits as innovative as our work, including access to genomics sequencing, family planning, health/dental/vision, retirement benefits, and paid time off.

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