Director of Corporate Development

Cirrus Logic, Inc. • Chandler, AZ

66d • Onsite

About The Position

For over four decades, Cirrus Logic has been propelled by the top engineers in mixed-signal processing. Our rockstar team thrives on solving complex challenges with innovative end-user solutions for the world's top consumer brands. Cirrus Logic is also known for its award-winning culture, which was built on a foundation of inclusion and fairness, meaningful community engagement, and delivering enjoyable employee experiences at every turn. But we couldn't do it without our extraordinary workforce - and that's where you come in. Join our team and help us continue to make Cirrus Logic an exceptional place to grow your career! Cirrus Logic is seeking Director of Corporate Development. This position will be based in our Austin, TX or Chandler, AZ location and will report to the Vice President leading Corporate Development. The role will work on corporate development activities for a multi-billion dollar market cap public semiconductor company with outstanding revenue growth, solid free cash flow generation, and a debt-free balance sheet with a sizable and growing cash position.

Requirements

• Strong background in corporate development either in a semiconductor or systems company is preferred
• Strong financial background required with valuation analysis, competitive landscape analysis skills with technology sector experience
• Minimum 5-8 years of experience in corporate development or investment banking required
• An M.B.A or an advanced degree in finance preferred
• Excellent communication and presentation skills
• Demonstrated financial and business acumen
• Advanced Microsoft Excel, PowerPoint skills, and knowledge of industry research platforms
• Experience with a wide breadth of transactions through due diligence, contract development & negotiations, signing, and completion over varied sizes from small (sub $25M) to large (over $1B)
• Global experience including acquisitions, investments, or joint ventures with U.S., European, and Asian targets
• Significant M&A and investment experience including deal structuring, valuation, due diligence, negotiation support , and integration as well as a proven track record in full deal cycle from origination to closing.
• Accounting including 3-statement analysis and how they interact. In addition, experience in how to extract important " financial" information relevant to transactions. Examples include: estimating cash flows, GAAP vs. Non-GAAP treatment, non-recurring/one-time items, etc.
• Building various financial models including: fully integrated 3-statement models, P&L, balance sheet, and cash flow statements as the need arises to be able to perform various financial analyses including DCF, Accretion/Dilution, ROIC, CF analysis, financing models including debt repayment timeline, etc.
• Finance skills combined with ability to make judgements with partial information about targets / investments
• Public and private M&A markets, VC markets and valuation and how companies are trading, what are the comps, trading and transaction comparables analysis
• Investment / portfolio theory to be able to assess cost of capital, risk of assets / cash flows
• Estimating synergies and their impact on financial models, valuation, PF analysis, Accretion/Dilution, and ROIC
• Tax treatment of transactions, NOLs, how to take tax issues into account in valuation / other financial analyses
• Legal aspects of definitive agreements negotiations + business terms
• Prior investment banking or private equity experience is a big plus

Responsibilities

• Participate in the entire M&A and corporate venture processes including market analysis and target identification, target engagement, valuation analysis, due diligence, negotiation, deal closure, and post-deal integration
• Provide detailed analysis of M&A and investment ideas and comprehensive including various valuation methodologies (DCF, comps, LBO, VC method), strategic rationale, growth prospects, potential synergies, risks and WACC implications, etc.
• Identify / source tuck-in M&A opportunities to augment company's organic growth and maintain and update a pipeline of potential targets
• Evaluate opportunities for strategic investments in relevant startup companies for gaining insights into adjacent market opportunities, potential future acquisition targets, technology partnerships, IP licensing, etc. This includes financing round valuation, financial, legal, business, and technical due diligence, knowing "market" terms, and negotiating term sheets
• Build relationships with investment bankers and industry contacts to augment internal deal flow and gain market insights regarding competitive landscape
• Actively contribute to building a pipeline of acquisition and investment targets on an ongoing basis to help drive profitable revenue growth
• Coordinate and support cross-functional due diligence efforts across Finance, Legal, HR, Operations, etc.
• Assist in developing and leading the post-deal integration process and managing successful integration of the acquired companies

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Industry: Computer and Electronic Product Manufacturing
• Number of Employees: 11-50 employees