Assistant Treasurer

This job is located in Hemlock, MI.

At Hemlock Semiconductor (HSC), we transform people’s lives by energizing and connecting our world through silicon technology. Since 1961, HSC has been a leading global provider of hyper-pure polysilicon, and is the only polysilicon manufacturer headquartered in the United States. HSC plays an essential role in the semiconductor and solar industries, with the vision of becoming the preferred supplier of silicon-enabled technologies to the low-carbon, digital world.

Our polysilicon is used to make computer chips – the “brains” behind the electronic devices we rely on to make our lives easier, safer and more enjoyable. HSC is just one of six major manufacturers in the world that makes polysilicon used to create semiconductor wafers. In fact, nearly all electronic devices in the world contain HSC polysilicon.

We’re also moving the world toward a greener future by supplying the rapidly growing solar power industry. HSC is committed to doing good for our local Michigan and global communities, relentlessly improving our operations to remove supply chain carbon emissions. The low embodied greenhouse gas emissions in our polysilicon materials facilitates the production of ultra low-carbon solar panels. These panels allow solar project developers and owners to lower the embodied carbon of their projects by up to 50 percent.

To achieve our goals, we draw on the talents of more than 1,350 employees and contractors. Our employees thrive in a culture that values teamwork, excellence, responsibility and customer focus. We recognize and value the diverse backgrounds and experiences of all of our people working together as One Team. At HSC, you belong to a team that is transforming our world.

Summary

The Assistant Treasurer plays a crucial role in managing the financial health and liquidity of the company. Reporting directly to the Treasurer, this role is responsible for day-to-day oversight of Hemlock’s cash and investment management, commodity risk management, customer credit, and insurance.

Essential functions of the job

• Cash & Investment Management: Carry out cash management strategies to ensure adequate liquidity for daily operations, while maximizing the return on cash investments and ensuring compliance with applicable Hemlock policies.
• Commodity Risk Management: Execute appropriate hedging strategies to mitigate potential losses.
• Customer Credit: Perform robust credit evaluation and monitoring process for new and existing customers.
• Coordinate annual insurance renewal, including engagement with insurance broker and support of renewal requests.

Additional Duties/Responsibilities

•  Cash Flow Optimization: Continuously review and assess cash flow processes and identify opportunities to optimize working capital management.
• Assist in preparation of annual footnote disclosures for Treasury topics
• Continuous Learning: Stay up to date with industry trends, financial regulations, and best practices in treasury management.

Skills

•  Excellent communication and interpersonal skills to effectively collaborate within the organization including executive management.
• Working knowledge of financial markets, investment instruments, and treasury-related regulations.
• Experience in managing cash flow, debt, investments, and other treasury management activities.
• Proficiency in cash flow and financial modeling, analysis, and forecasting techniques.
• Analytical mindset with a keen eye for detail and ability to solve complex financial challenges.
• Strong understanding of accounting/finance principles.

Education Requirements

• Finance, Accounting, or related field. An MBA or Master’s degree is desirable.
• Professional certification such as Certified Treasury Professional (CTP), Chartered Financial Analyst (CFA) is an advantage, or Certified Public Accountant (CPA).

Work Experience

• 8-15 years of professional experience in a related field.  
•  Proven experience as an Assistant Treasurer, or in a similar treasury management role.

Behaviors

• Unquestionable integrity.
• Establishes and adheres to very high standards of personal and professional excellence.  
• Detail-oriented with an inquisitive mind.  
• Posses a can-do attitude, shows initiative, and maintains strong sense of urgency for critical deadlines.

HSC is an equal employment opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, protected veteran status, status as a qualified individual with a disability, marital status, pregnancy, sexual orientation, ancestry, genetic information, or any other characteristic protected by law.

If you are an individual with a disability and you need an accommodation or other assistance during the application process, please call our Human Resources department at:

989.301.5333
or email your request to
G1HSC-HR@hscpoly.com
All qualified applicants are encouraged to apply.

Req No. 553