ABOUT ONE

To transition away from fossil fuels, the world needs innovative and affordable technology. That’s why Our Next Energy (ONE) is accelerating the world’s progress toward net zero emissions and electrification by doubling the range of electric vehicles, prioritizing safety and building a sustainable U.S. supply chain.

Founded in 2020, ONE designs and manufactures energy storage solutions for vehicles, renewables and the grid that use safe, sustainable LFP chemistry based on abundant iron. ONE is headquartered in Novi, Michigan with offices in Fremont, CA, Torrance, CA and Boston. In 2024, ONE will start battery production at the ONE Circle Gigafactory in Van Buren Township, Michigan.

ONE is looking for a wide variety of innovators to help us engineer, test, improve, manufacture and market our technology. Join the #ONETeam today and be part of Forbes #3 “Best Startups to Work For” in 2023.

ONE team members are transforming the energy storage industry worldwide. The future will arrive faster if we build it together. Visit www.one.ai/careers for more information.

Job Summary

Be part of ONE’s transformation and growth. Your consistent results will help our investors and internal stakeholders become successful. As part of the Finance team, you will join a critical, high-performing small team in a leading-edge company with great technologies & strong market positions, and you will cooperate with all major functions of the business. We are a fun and open team operating in a dynamic, flexible, and challenging working environment.

The objective of the role is to evolve and maintain the company’s Treasury function. This role will be responsible for building and managing the Treasury team. The position will interact extensively with Legal, Finance, Development, Internal audit, and our banking partners. Ensure continuous improvement of the balance sheet and cash flow with primary responsibility for optimizing the company’s cash and capital market resources including effective banking and cash management, managing the debt/term loans, management of risks related to foreign exchange, interest rates and liquidity.

Essential Duties and Responsibilities

Treasury Management

• Managing daily cash processes.
• Cash management across entities.
• Optimizing interest income and managing interest expense.
• Ownership of the control procedures for cash movement, real time liquidity management/reporting up and down the organization.
• Formulating, implementing and successfully maintaining investment policies, including regularly reviewing and updating risk parameters.
• Maintain, improve forecasting methods for cash management, foreign exchange and investing.
• Develop contextual understanding of the company’s business operations and strategy to effectively articulate the operations of the company.
• Facilitate the forecasting and planning for amounts and sources of funds required to meet outstanding and planned commitments.
• Partner with corporate development to ensure appropriate financing and risk mitigation is in place for capital used in acquiring assets. Maintain the Capital Commitments schedules which are a key input into the long-range planning & cash flow model maintained by FP&A.
• Act in a lead role in capital structure, debt management, and refinancing options to ensure the most efficient use of the company’s debt capacity.

Risk Management

• Establish and maintain minimum levels of liquidity in entity bank accounts, develop, and update internal control measures with respect to cash and investments.
• Provide regular reports to senior management regarding cash positions, capital commitments and exposure to risk.
• Provide the CFO with analyses regarding financing and interest rate hedging strategies that can be presented to the CEO and the Board of Directors
• Ensure compliance with relevant internal and external policies. Stay abreast of changes to government/agency policies/regulations affecting treasury activities (e.g., new banking regulations related to KYC’s, sanctions, reporting requirements, etc.)
• Monitor and ensure compliance with the Company’s Credit Agreement
• Overseeing Foreign Exchange risk management and respective hedging strategies
• Manage interest rate risk by evaluating the company’s debt management and interest hedging strategy on a regular basis and proposing changes to hedge ratios to mitigate risks associated with interest rates.

Banking and Account Management

• You will own relationships with Banks and other depository institutions, credit counterparties, term loan lenders and compliance organizations, monitor and update policies regarding opening and maintaining bank accounts under the Four Seasons group of companies as well as develop and implement policies for establishing banking operations in local entities managed by hotel finance directors around the world.

Refinancing and Capital Structure

• You will be a valued contributor to any Debt financing/refinancing or Capital Markets transactions by providing insight on capital markets and capital structure as well as liaising with Banks regarding market opportunities as well as credit rating agencies (Standard & Poors, Moody’s) regarding any updates or changes to the Company’s credit ratings.

Qualifications

To perform the job successfully, an individual must be able to perform each essential duty satisfactory. The requirements listed below are representative of the knowledge, skills and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

• A University degree in Business or Finance; a CTP, MBA, CFA, or CPA designation is preferred.
• Minimum of 8-10 years' experience working in a Finance/Accounting capacity.
• 3-5 Years’ experience within a Treasury function and at least 2 years as a treasury lead.
• Experience managing corporate treasury operations in a global context across multiple subsidiaries and regions.
• Experience with planning, accounting or financial reporting is an asset.
• Experience with ERP systems is beneficial (Dynamics, Oracle, SAP, OneStream)
• Experience with Treasury/Banking platforms.
• Forecasting experience

Essential Skills and Behaviors needed to successfully perform this position are:

• Excellent written and verbal communication skills
• Ability to inspire and influence across teams to gain alignment and support on recommendations.
• Open communication and collaboration to solve problems and manage deliverables.
• Well-developed leadership, management, and strategic-thinking skills, with the ability to excite and lead others, capitalizing on individual strengths to drive collaborative outcomes.
• Experience effectively executing performance management processes, employee development plans, succession planning and mentoring strategies for direct reports.
• Superior knowledge of and exposure to financial and capital markets.
• Ability to manage multiple projects simultaneously with varied audiences and needs.
• Attention to detail and a high degree of accuracy.
• High level of integrity, confidentiality, and accountability.
• Possess sound analytical thinking, planning and prioritization and execution skills.
• Ability to work well in a fast-paced, dynamic environment.
• A strong understanding of risk management, financial instruments, accounting principles and financial reporting.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Sit at a desk and work on a computer for prolong periods of time
• Walk/move around and/or travel as needed (less than 15% travel)

Work Schedule

• In office full-time, salaried position.
• Flexible work schedule and environment, see company policy if applicable.

Experience

• 3 year(s): • A University degree in Business or Finance; a CTP, MBA, CFA, or CPA designation is preferred. • Minimum of 8-10 years' experience working in a Finance/Accounting capacity. • 3-5 Years’ experience within a Treasury function and at least 2 years as a treasury lead.

Education

• Bachelors or better in Accounting or related field