Treasury Analyst (Temporary)
FormFactor, Inc
Livermore, CA
In a world driven by the increased demand of technology, semiconductor manufacturers require a trusted partner to pioneer the frontiers of advanced integrated circuits (ICs). FormFactor, Inc (FFI) is the world's leading supplier of semiconductor test and measurement products that power electronic systems used in computing, consumer-technology, automotive, Artificial Intelligence (AI) and other applications. Our cutting-edge solutions are the driving force behind the testing of ICs that power electronic systems across computing, consumer technology, automotive, Artificial Intelligence (AI), and myriad other applications.
As a leading player in the semiconductor industry, FormFactor actively seeks out individuals who are not just employees, but passionate contributors eager to thrive in an ever-evolving landscape. At FormFactor, we are not just shaping the future of semiconductors; we are rewriting the narrative of innovation itself.
Our commitment extends beyond the technical realm to the very fabric of our culture. Rooted in our core values-Focus on the Customer, Ownership & Accountability, Respectfully & Effectively Communicate, and Motivate & Develop People-we foster an environment where diverse perspectives are not only welcomed but celebrated. Join us in experiencing the exhilaration of collaborating with a dynamic team, pushing the boundaries of what's possible, and contributing to a workplace where your voice is not just heard but valued and empowered. Become an integral part of our journey as we collaboratively Form Our Future Together, setting the stage for a new era in semiconductor excellence.
PURPOSE:
The Treasury team is responsible for global cash forecasting and management, credit and collections, letter of credit, bank account management, debt management, foreign exchange hedging, property/casualty/E&O/cyber insurance programs, investments and other projects to support the business. The candidate needs to have the ability and interest to perform credit and collections analysis and reporting, bank account and online banking portal administration, insurance administration, SOX documentation and recordkeeping, Excel modeling and other administrative projects and assigned. This person will also be assisting Sr Treasury Manager with investment portfolio management and reporting. The candidate needs to be a self-starter, highly motivated with financial analytic skills, attention to detail, and ability to work in a fast-paced environment. The position will work closely with the Sr. Treasury Manager and Shared Service Center, Regional Controllers, Legal and multiple financial institutions.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Banking:
* Manage worldwide bank account administration activities such as opening/closing bank accounts, updating authorized signatories and legal documents, management of bank account repository and other related administrative needs
* Review and analysis of bank fees and account features
* Administer Company's credit card program across all US locations
* Responsible for online banking portal administration for worldwide users
Credit
* Perform data analysis and reporting for new and existing customers
* Follow standard credit processes and procedures, assess the risk of offering credit to new and existing customer and within a determined threshold, approve credit limits.
* Communicate and interface with internal personnel as well as customers and banks
* Make recommendations to the management team as appropriate for non-standard situations or situations in which request exceeds authority to approve
* Process Letters of Credits for new and existing customers and ensure that LCs contain relevant supporting documentation i.e. copy of executed letter of credit/ amendments and completed compliance checklist, when required
Insurance:
* Support all Risk Management activities, including the Company-wide insurance program
* Manage the Company's certificate of insurance program, including annual renewal distribution
* Coordinate and Respond to ad-hoc client customer requests for certificates
* Manage claims process; communicate claims to insurance brokers/carriers
Collections:
* Drive to closure all past due items while achieving quarterly cash collection goals
* Flexibility to work across multiple time zones
Job Requirements
* Great communication skills, organized and detail-oriented, ability to multitask and be a team player
EDUCATION, EXPERIENCE, AND SKILLS REQUIRED
BA/BS degree in accounting, finance, or economics is required
* Minimum 3 years of experience in a Treasury or finance-related role is required
* Strong Excel, database, systems skills are required
* Analytical, problem solving, communication and organizational skills are essential for position
This position is US - Remote Eligible (PST time zone preferred). The role may include occasional work at an FFI office or attendance at offsites, as agreed to with your manager. FFI can employ in states where we have registered entities. The hourly pay range for this role is between $30.38 and $53.50 and is dependent on the work location of the candidate selected. FormFactor maintains broad hourly and salary ranges for its roles in order to account for variations in education, training, skills, relevant work experience, business needs and market demands.
Currently, employees cannot be located in: AL, AK, AR, DE, GA, HI, IL, IA, KY, LA, ME, MD, MS, MO, NE, NV, NJ, NM, ND, OK, PA, RI, SC, SD, TN, WV, WI, WY. This list is continuously evolving and being updated, please check back with us if the state you live in is on the exclusion list.
FormFactor, Inc.
Feb 14, 2025 