174 Power Global
Overview
174 Power Global is engaged in originating, developing, contracting, and operating solar power plant and energy storage facilities throughout the United States and Mexico. The company builds on a decade of global leadership in solar PV, combining first class products, processes and partnerships to deliver utility scale energy solutions, customized for local energy markets. The 174 Power Global team has expertise in all aspects of power plant financing, development, asset management, engineering, construction, operation and maintenance. Headquartered in Irvine, California, 174 Power Global is an affiliate company of Hanwha Group, a FORTUNE Global 500 firm and one of the largest business enterprises in South Korea.
Position Overview
The Treasury Associate reports to the Treasury Manager and assists in areas including cash management, monthly Treasury accounting, monthly cash flow forecasting, tracking of loans, letters of credit (LC), financing costs (e.g., interest, bank fees), and other treasury activities as necessary. All duties will be assigned in accordance with applicable laws and company policies. This position is located in Houston, Texas; ideal candidates will be within commutable distance to the Houston office.
Responsibilities
Assist in day-to-day cash operations, wire transfers, bank templates, account maintenance, and funding.
Process accounts payable, consolidate into one Payment List for Treasury Manager’s review, initiate wire transfers, and ensure timely payments. Monitor daily cash position for all bank accounts and deposits.
Maintain and reconcile deposit positions with banks and SAP.
Communicate with multiple stakeholder groups to assist with monthly cash forecasts.
Build relationships with banking partners regarding bank accounts, loans, and other financing activities.
Assist with LC management with the Treasury Manager to issue new and existing LCs timely.
Prepare cash balance reporting and establish distribution cadence.
Assist with KYC requests from banks and support opening/closing bank accounts. Investigate and resolve day-to-day bank-related inquiries.
Assist with responding to audit requests and coordinate with external and internal auditors on information requirements.
Assist with special projects and analysis as needed.
Knowledge/Skill Requirements
Knowledge of basic banking and financial instruments.
Ability to work effectively in a small team environment and in a high-pressure, fast-paced setting.
Proactive with the ability to manage timely deliverables and prioritize effectively.
High level of financial integrity, discipline, and accuracy; team-oriented and able to interact effectively.
Proficiency in Excel and PowerPoint; experience with SAP or other accounting platforms is beneficial.
Qualifications
Bachelor’s degree in Finance, Accounting, Economics, or equivalent work experience.
Minimum of 3 years’ experience in a Corporate Treasury department.
Operating experience with online bank platforms.
Basic understanding of investments, capital management and US GAAP accounting.
Ability to work effectively in a fast-paced and dynamic environment.
Bilingual in English and Korean required.
Operating experience with SAP is a plus; CTP (Certified Treasury Professional) is a plus.
Compensation Compensation:
$75,000 to $95,000 annually
Equal Employment Opportunity 174 Power Global provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics.
Voluntary Self-Identification For government reporting purposes, candidates may voluntarily respond to the self-identification survey. Information is confidential and used to measure program effectiveness. Completion is optional, and not a condition of employment. Any information provided will be maintained separately from the application and recruitment files.
As a federal contractor or subcontractor, we comply with applicable laws regarding equal employment opportunity. Information on protected veteran status and disability status is requested in accordance with VEVRAA and OFCCP requirements.
PUBLIC BURDEN STATEMENT: This survey should take about 5 minutes to complete.
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174 Power Global is engaged in originating, developing, contracting, and operating solar power plant and energy storage facilities throughout the United States and Mexico. The company builds on a decade of global leadership in solar PV, combining first class products, processes and partnerships to deliver utility scale energy solutions, customized for local energy markets. The 174 Power Global team has expertise in all aspects of power plant financing, development, asset management, engineering, construction, operation and maintenance. Headquartered in Irvine, California, 174 Power Global is an affiliate company of Hanwha Group, a FORTUNE Global 500 firm and one of the largest business enterprises in South Korea.
Position Overview
The Treasury Associate reports to the Treasury Manager and assists in areas including cash management, monthly Treasury accounting, monthly cash flow forecasting, tracking of loans, letters of credit (LC), financing costs (e.g., interest, bank fees), and other treasury activities as necessary. All duties will be assigned in accordance with applicable laws and company policies. This position is located in Houston, Texas; ideal candidates will be within commutable distance to the Houston office.
Responsibilities
Assist in day-to-day cash operations, wire transfers, bank templates, account maintenance, and funding.
Process accounts payable, consolidate into one Payment List for Treasury Manager’s review, initiate wire transfers, and ensure timely payments. Monitor daily cash position for all bank accounts and deposits.
Maintain and reconcile deposit positions with banks and SAP.
Communicate with multiple stakeholder groups to assist with monthly cash forecasts.
Build relationships with banking partners regarding bank accounts, loans, and other financing activities.
Assist with LC management with the Treasury Manager to issue new and existing LCs timely.
Prepare cash balance reporting and establish distribution cadence.
Assist with KYC requests from banks and support opening/closing bank accounts. Investigate and resolve day-to-day bank-related inquiries.
Assist with responding to audit requests and coordinate with external and internal auditors on information requirements.
Assist with special projects and analysis as needed.
Knowledge/Skill Requirements
Knowledge of basic banking and financial instruments.
Ability to work effectively in a small team environment and in a high-pressure, fast-paced setting.
Proactive with the ability to manage timely deliverables and prioritize effectively.
High level of financial integrity, discipline, and accuracy; team-oriented and able to interact effectively.
Proficiency in Excel and PowerPoint; experience with SAP or other accounting platforms is beneficial.
Qualifications
Bachelor’s degree in Finance, Accounting, Economics, or equivalent work experience.
Minimum of 3 years’ experience in a Corporate Treasury department.
Operating experience with online bank platforms.
Basic understanding of investments, capital management and US GAAP accounting.
Ability to work effectively in a fast-paced and dynamic environment.
Bilingual in English and Korean required.
Operating experience with SAP is a plus; CTP (Certified Treasury Professional) is a plus.
Compensation Compensation:
$75,000 to $95,000 annually
Equal Employment Opportunity 174 Power Global provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics.
Voluntary Self-Identification For government reporting purposes, candidates may voluntarily respond to the self-identification survey. Information is confidential and used to measure program effectiveness. Completion is optional, and not a condition of employment. Any information provided will be maintained separately from the application and recruitment files.
As a federal contractor or subcontractor, we comply with applicable laws regarding equal employment opportunity. Information on protected veteran status and disability status is requested in accordance with VEVRAA and OFCCP requirements.
PUBLIC BURDEN STATEMENT: This survey should take about 5 minutes to complete.
#J-18808-Ljbffr