Treasury Manager, Omnidian
+ Bonuses and long-term stock options
More information about location
Solar energy performance platform
Be an early applicant
Solar energy performance platform
201-500 employees
Be an early applicant
+ Bonuses and long-term stock options
More information about location
201-500 employees
Company mission
To protect and accelerate investments in clean energy through innovative technology, passionate teams, and an amazing customer experience.
Role
Who you are
- Qualified candidates will bring deep experience with corporate treasury functions, practices, and procedures as well as drive and judgment to plan and accomplish goals
- Capable of demonstrating sound judgment and independent decision-making
- Knowledge of cash management principles and experience with their application
- Experience in managing banking and interpersonal structures and working with banking systems and processes
- Experience working with bank credit agreements and compliance reporting
- Excellent analytical skills and excellent attention to detail
- Excellent communication and interpersonal skills
- Sophisticated knowledge of Microsoft Office products
- Knowledge of generally accepted accounting principles applied in the United States
- Ability to follow management direction; give and take constructive feedback in a positive wayAbility to work with senior management
- Strong written, verbal and presentation communication skills, with ability to articulate clearly
- Ability to drive corrective action and find solutions in a team effort
- Effective in driving quality to standards
- Driven, self-reliant, and adaptable
- Possess strong analytical, problem-solving, and organizational skills
- Strong leadership skills – ability to organize, utilize and motivate team members and partners not directly manages
- Bachelor’s degree, preferably in Finance, Business, Economics or Accounting discipline
- 7+ years of proven experience in corporate treasury or banking with demonstrated career progression, or an equivalent combination of both
- MBA and/or CPA preferred but not required
- Ability to work under pressure and show evidence of creative thinking as well as the ability to handle complex problems in a timely manner
- Previous supervision or management experience
- Must be able to successfully pass a pre-employment criminal and drug screen
- Proficient in Microsoft Office Suite
What the job involves
- The Treasury Manager has overall responsibility for the development, management, and success of the Company’s Treasury function including building and/or enhancing our daily cash forecasting process, treasury wire, and cash and debt reporting processes
- The manager will perform day-to-day cash management activities to ensure adequate liquidity for the business while assisting the finance leadership team with aspects of the long-term financial strategy
- The Company currently manages approximately 50 active bank accounts across five financial institutions
- The role is "hands-on" with no direct reports, reporting directly to the Controller
- At Omnidian we believe in trust and autonomy. How you create an impact is ultimately up to you. Here is an outline of some of the things you’ll be doing:
- Report and monitor daily, weekly, and monthly cash position and work with management to ensure adequate liquidity
- Improve upon existing cash flow forecast model used to manage, monitor and identify daily cash balance
- Lead the continuous improvement of treasury processes, systems and technologies
- Track and report on credit line usage, letters of credit, etc. and collaborate with legal and Finance on new financing transactions
- Act as bank administrator – bank account and user setups and maintenance for the Company with banks
- Manage wire transfers for the Company shared services and all banking portal administration
- Collaborate with FP&A on mid-to long-term cash forecast strategy and need based on changing business operations to aid management in evaluating impact on cash levels
- Provide regular and ad-hoc reporting on liquidity, borrowing activity, and covenant compliance, if any
- Assists in managing and maintaining the company’s banking infrastructure, including bank relationships
- Partner with FP&A, Accounting, and Supply Chain/Procurement teams to manage working capital levels that provide adequate investment levels for the company
- Review, supervise, and ensure strong internal controls over banking activities and compliance with internal and external regulations
- Collaborate with Accounting and FP&A to develop an investment policy and invest excess cash per approved policy
- Manage the Company’s bank account structure: open and close bank accounts as needed, update signatories, maintain banking resolutions, and solve operational treasury problems
- Analyze bank fees to identify opportunities to lower or eliminate fees where possible
- Support monthly close and annual audits as the need arises and be responsible for cash related audit request
- Collaborate with Controller on timing of vendor invoice payments along with process development to drive efficiency
- Engage with team and colleagues in a manner that reflects the Company’s values of cohesion, dedication, courage, and personal agency
- All other duties as assigned
- Assist with other treasury related finance and accounting exercises as requested
- Support and/or develop administration of corporate purchase card programs
- Ad hoc treasury related or treasury impacted projects as directed by management
- Assists with M&A activity for Treasury
- Partner with Tax, Legal and Accounting teams to execute capitalizations, loans, cash settlements and other treasury operations
- Contribute to projects as assigned
- Ensure compliance with bank and tax equity partner agreements, to include regular collateral reporting when required
Our take
As one of many options in the move to decarbonize our energy grid, solar power has shot up in popularity in recent years. However, one issue that may discourage investment in solar systems is the lack of post-purchase performance management and analytics options.
This is where Omnidian steps in, with solutions for solar owners and operators - as well as investors with solar portfolios - to monitor and service their systems for maximum performance and ROI. A key component of the company's offering is in predictive, rather than reactive, maintenance, which is proven to reduce costs. It also supplies a performance guarantee where Omnidian will cover the shortfall if a system generates less than 95% of its forecasted annual energy.
With its rather unique approach to the solar market, Omnidian has gained a lot of attention and investment thus far and has been steadily expanding its operations since founding in 2015. Funding in 2023 will support further technical innovation; with plans to provide improved transparency into portfolio performance, job site status, and active remediations to clients. A B Corp certification lends it further credence as a trusted solar solution.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
Apr 2025
$87m
SERIES C
Oct 2023
$25m
LATE VC
Total funding: $169.2m
Company benefits
- Generous time off
- Flexible hours
- 401k
- Paid parental leave
- Stock options
- Education reimbursement
Company HQ
Central Business District, Seattle, WA
Leadership
Mark Liffmann
(CEO & Co-Founder)Member of the Board of Advisors for TUUSSO Energy. Was Director of the E2 Pacific Northwest Chapter of Environmental Entrepreneurs, and VP of Sales, Marketing and Business Development at Clean Power Research.
David Kenny
(COO & Co-Founder)Former Senior Director of Fleet Operations for Sunrun. Was Director of Project Development at Metrus Energy and Associate in Project Development at Fotowatio Renewable Ventures.
Ray Szylko
(CSO & Co-Founder)Was Managing Director and Advisory in Financial Services at KPMG for 6.5 years. Before that, worked as Managing Director for RS Consulting and Senior VP at Bank of the West.
Brad Davis
(CMO & Co-Founder)Former Chief Marketing Officer and EVP at Opus Bank. Was CMO for SunPower Corporation, and previously Chairman of the Board of the Retail Advertising and Marketing Association at the National Retail Federation.
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