Senior Director of Financial Planning
1 month ago
Ascend Elements is a pioneering company in the lithium-ion battery industry, revolutionizing the production of battery materials through a clean and sustainable supply chain. Our patented Hydro-to-CathodeTM technology synthesizes new cathode materials from spent lithium-ion cells, reducing costs, improving performance, and lowering GHG emissions. We are seeking a Senior Director of Cash Planning to lead our cash management strategies at our Westborough, MA location.
The ideal candidate will be responsible for forecasting cash flow, developing strategies to optimize cash reserves, and ensuring liquidity for day-to-day operations. Key responsibilities include:
- Developing and implementing cash management policies
- Analyzing financial data to identify trends and recommending actions to improve cash flow performance
- Collaborating with cross-functional teams to optimize working capital and manage cash reserves efficiently
- Monitoring and managing banking relationships to maximize cash management services and minimize costs
- Evaluating investment opportunities and providing recommendations to enhance returns on surplus cash
- Preparing reports and presentations for executive leadership on cash flow performance, risks, and opportunities
- Staying informed about industry trends and best practices in cash management to drive continuous improvement initiatives
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field; MBA preferred
- 8+ years of experience as the primary person on cash planning in the specified industries
- Proven experience in cash management, treasury operations, or financial analysis
- Strong understanding of financial modeling, forecasting techniques, and cash flow optimization strategies
- Excellent analytical skills with the ability to interpret complex financial data and make strategic recommendations
- Proficiency in financial software and advanced Excel skills
- Excellent communication and presentation abilities
- Strong leadership skills with the ability to influence stakeholders and drive change initiatives
Preferred Qualifications:
- Experience in a leadership role overseeing cash planning or treasury functions in Construction, Manufacturing, Specialty Chem, Battery materials, or Engineered materials
Candidates must be located or willing to relocate to the Westborough, MA area.
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