Description
POSITION DESCRIPTION:
The Director of Finance is responsible for overseeing and optimizing the Company’s cash flow, cash management practices, and related financial reporting. This role requires developing and implementing cash management strategies to ensure sufficient liquidity, manage financial risk, and maximize the Company’s financial performance. Working closely with internal and external stakeholders, including banks and other financial institutions, this position will report to the Senior Director of Corporate Finance or another senior management personnel that the President of the Company may designate. This position is based out of our Irvine office with an in-office schedule set at the direct manager’s discretion in accordance with the Company policies and procedures. Remote options could be considered for exceptional cases.
RESPONSIBILITIES
- Lead cash flow forecasting and liquidity management to support the Company’s operational and strategic goals.
- Develop and implement cash management policies, procedures, and best practices to enhance financial efficiency and accuracy.
- Oversee daily cash positioning and ensure timely settlement of all cash transactions, including vendor payments and payroll disbursements.
- Coordinate and manage banking relationships, negotiate terms, and ensure compliance with all financial agreements.
- Monitor and manage foreign currency exposure, supporting hedging strategies as needed.
- Provide financial analysis to inform business decisions, including variance analysis and reporting on cash flow trends.
- Provide support on month-end and year-end closing activities, including reconciliation of cash accounts and ensuring accurate financial reporting.
- Support the annual budgeting and forecasting processes, contributing to cash flow projections and liquidity planning.
- Work closely with internal/external auditors during financial audits, providing requested cash management information and addressing inquiries.
- Assist in developing and implementing new systems and technologies to streamline cash management processes.
- Train and mentor team members on cash management procedures and best practices.
REQUIRED QUALIFICATIONS
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; an MBA or a relevant certification (e.g., CTP, CPA) preferred.
- Minimum of 12 years of experience in corporate finance, with at least 7 years focused on cash management or treasury functions.
- Strong background in cash flow forecasting, liquidity management, and financial risk management.
- Experience managing banking relationships and working with foreign exchange and hedging strategies.
- Demonstrated ability to develop and implement cash management policies and procedures.
- Advanced proficiency in Microsoft Office Suite, particularly Excel, and experience with cash management software.
- Strong analytical and problem-solving skills, with the ability to interpret complex financial data.
- Excellent verbal and written communication skills, with the ability to present financial information clearly to executives.
- Ability to work independently, as well as part of a team, in a fast-paced environment.
- Bilingual in Korean is highly desirable.
- Experience working in multinational corporations or with global subsidiaries.
- Knowledge of ERP systems and treasury management platforms.
Hanwha Q CELLS America Inc. (“HQCA”) is headquartered in Irvine, CA, and handles sales for the North American region. It is a subsidiary of Hanwha Q CELLS Co., Ltd., one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ). Through its growing global business network spanning Europe, North America, Asia, South America, Africa, and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, government, and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm, and a Top 8 business enterprise in South Korea. HQCA recently acquired Geli, a leading developer of Energy Management System software for energy storage, solar, and other renewable resources.
PHYSICAL, MENTAL & ENVIRONMENTAL DEMANDS:
To comply with the Rehabilitation Act of 1973 the essential physical, mental and environmental requirements for this job are listed below. These are requirements normally expected to perform regular job duties. Incumbent must be able to successfully perform all of the functions of the job with or without reasonable accommodation.
Mobility
Standing
20% of time
Sitting
70% of time
Walking
10% of time
Strength
Pulling
up to 10 Pounds
Pushing
up to 10 Pounds
Carrying
up to 10 Pounds
Lifting
up to 10 Pounds
Dexterity (F = Frequently, O = Occasionally, N = Never)
Typing
F
Handling
F
Reaching
F
Agility (F = Frequently, O = Occasionally, N = Never)
Turning
F
Twisting
F
Bending
O
Crouching
O
Balancing
N
Climbing
N
Crawling
N
Kneeling
N
All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
The salary range is required by the California Pay Transparency Act and may differ depending on the location of those candidates hired nationwide. Actual compensation is influenced by a wide array of factors including but not limited to, skill set, education, licenses and certifications, essential job duties and requirements, and the necessary experience relative to the job’s minimum qualifications.
*This target salary range is for CA positions only and should not be interpreted as an offer of compensation.
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