Treasury Lead

Responsibilities

Build and own the treasury function

• Stand up Lightning AI's treasury operating model across the multi-entity group
• Establish treasury policies, controls, signature authorities, and procedures from the ground up
• Select and implement the treasury management system (TMS) and integrate it with NetSuite and the company's banking infrastructure
• Develop the multi-year treasury roadmap, including process design, automation priorities, and FTE buildout

Cash management and banking

• Own daily cash positioning, short-term liquidity forecasting, and intercompany cash movement across the entities
• Own the 13-week operational cash forecast on a weekly cadence, and partner with FP&A on the 12-month and long-range cash forecast
• Manage banking relationships, account structure, and bank fee analysis; rationalize the post-merger banking footprint
• Oversee the payment operations partnership with Accounts Payable, including wire and ACH controls and fraud prevention

Debt, vendor financing, and covenant compliance

• Manage existing debt facilities, vendor financing, and equipment financing across the group, including draw and repayment schedules, interest, and fees
• Lead negotiation and execution of new vendor financing arrangements with hardware OEMs in support of GPU and data center capex
• Build and operate the covenant compliance reporting cadence, including financial covenants, reporting covenants, and lender notification requirements
• Partner with Strategic Finance on debt structuring, refinancing, and new capital raises

Risk management

• Establish counterparty risk monitoring across banks, vendors, and lenders
• Assess and execute FX hedging where exposures arise
• Coordinate the insurance program with Legal and Operations

Investment and capital structure

• Manage corporate cash investment policy and execution within board-approved guidelines
• Support capital structure analysis and optimization in partnership with Strategic Finance
• Provide treasury input on operating model design and entity structure decisions

Audit and cross-functional partnership

• Partner with the Technical Accounting team on the accounting treatment of treasury transactions
• Support the first-year audit on treasury-related areas, including cash confirmations, debt and financing schedules, covenant compliance documentation, and counterparty letters
• Communicate treasury matters clearly to non-treasury stakeholders across Finance, Accounting, FP&A, Legal, Tax, Infrastructure Operations, and the executive team

Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field; CTP, CFA, or MBA strongly preferred
• 8+ years of progressive treasury experience, with a mix of corporate treasury and ideally banking or capital markets exposure
• Strong command of corporate cash management, banking operations, and short-term liquidity forecasting
• Hands-on experience managing debt facilities and vendor or equipment financing arrangements, including covenant compliance
• Experience selecting, implementing, or substantially upgrading a treasury management system
• Track record of building treasury infrastructure — policies, controls, banking architecture, and reporting cadences — in a high-growth or post-merger environment
• Comfort with capex-heavy, capital-intensive business models, and a working understanding of how vendor financing, equipment financing, and asset-backed structures operate in practice
• Strong analytical skills with exceptional attention to detail, accuracy, and documentation quality
• Excellent written and verbal communication, with the ability to brief executives and translate treasury for non-treasury audiences
• Track record of cross-functional partnership with Accounting, FP&A, Legal, Tax, banks, lenders, and external advisors
• Bias toward building rather than maintaining; comfort operating in a fast-paced, foundation-building environment

Nice-to-haves

• Prior treasury experience at a high-growth AI, cloud, infrastructure, or other capex-intensive technology company
• Direct experience negotiating vendor financing with hardware OEMs
• Experience supporting a first-year audit or significant treasury remediation
• Multi-entity treasury experience, including post-merger cash and banking integration
• Working knowledge of derivatives and hedge accounting concepts at an operational level