Director, Global Treasury

Altera•San Jose, CA

About The Position

Altera, a leader in programmable logic solutions, drives innovation in semiconductor technology by delivering high-performance FPGA (Field-Programmable Gate Array) solutions for a wide range of industries, including data centers, AI, telecommunications, and automotive applications. Altera is seeking a Director, Global Treasury to launch and lead Altera’s Global Treasury Function. This role will be report to the CAO, and be a critical member of the founding CAO org functional leadership team. The Director, Global Treasury will also work cross-functionally with FP&A and Legal organizations.

Requirements

10+ years of treasury and/or banking experience, including demonstrated leadership in corporate treasury
5+ years of people leadership experience
High-growth technology company experience, ideally in a startup or scaling environment
Strong international banking experience, managing treasury functions across multiple geographies.
Experience in a company with complex treasury transactions in a SOX-compliant environment
Excellent interpersonal skills and attention to detail.
Organized and thorough with the desire for continuous improvement
Exceptional communication and presentation skills.

Nice To Haves

CPA or MBA, preferred.

Responsibilities

Establish, build and maintain global banking and bank account strategy to achieve a secure, flexible, and low-friction operational structure.
Hire team to administer and support this structure, including: bank account maintenance and monitoring, performing bank reconciliations, including directly recording some journal entries (as required), define and maintain banking systems and apparatus -including bank portal access and activity, and support investment management requirements.
Establish key banking and cash flow dashboarding to provide frequent and actionable insights.
Build and maintain banking relationships, and stay current with banking products and activities to ideate or support future initiatives.
Build and implement a baseline investment management strategy, with a cash preservation objective, while taking advantage of high-quality yields as available.
Direct foreign currency holding strategies and objectives; aligned with foreign entity cash flow requirements.
Directly support the design and implementation of Altera’s ERP cash module, as well as any other required treasury systems. Partner with other groups to establish other complementary modules.
In partnership with FP&A, implement cash forecasting apparatus focused on (a) short term (next 30 days) of cash requirements and liquidity; and (b) connection with longer term cash flow modeling.
Design, implement, and maintain foundational treasury policies.
Responsible for selected and specialty month-end close procedures and reporting
Establish and monitor org-wide Insurance – including full preparation and roadshow to prospective underwriters, evaluating and benchmarking insurance options, recommending insurance solutions, and managing day-to-day insurance activities. Key partnerships with Legal, Tax, and Global Accounting Operations leaders.