Senior Treasury Associate at Hanwha Energy USA

Houston, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

09 Jun, 26

Salary

95000.0

Posted On

11 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cash Management, Treasury Accounting, Cash Flow Forecasting, Loan Tracking, Letter Of Credit Management, Wire Transfers, Bank Account Maintenance, AP Processing, Cash Position Monitoring, Bank Reconciliation, Stakeholder Communication, Banking Relationships, Audit Response, Excel, PowerPoint, SAP

Industry

Chemical Manufacturing

Description

COMPANY OVERVIEW Hanwha Energy USA, headquartered in Houston, Texas, is part of the Hanwha Group—a FORTUNE Global 300 company and one of South Korea’s most respected business enterprises. With over a decade of experience delivering high-quality, utility-scale energy projects across North America, Hanwha Energy USA has evolved into a comprehensive energy solutions provider. Our portfolio now spans utility-scale renewables, natural gas generation, retail electricity, and strategic partnerships that power America’s growing data center industry. Our expertise covers the entire energy value chain—from project development and engineering to construction, operations, and maintenance. By integrating advanced technologies, proven processes, and strong partnerships, we deliver reliable, customized solutions that meet the dynamic needs of local energy markets. Hanwha Energy USA is actively advancing strategic initiatives in natural gas generation and data center development, including hyperscaler solutions on both sides of the meter. We are proud to serve as the parent company of: Hanwha Renewables – specializing in utility-scale solar and battery energy storage systems (BESS) Chariot Energy – providing retail electricity services for residential, commercial, and industrial customers in deregulated markets POSITION OVERVIEW The Senior Treasury Associate position reports to Treasury Manager assisting in the areas of Treasury including cash management, monthly Treasury accounting, monthly cash flow forecasting, tracking of loans, Letter of Credit (LC), financing costs (e.g., interest, bank fees, etc.), and other treasury activities, as necessary. The employee may be required to perform other job-related duties as requested by management. All duties will be assigned in accordance with applicable laws and company policies. This position is located in Houston, Texas, and the ideal candidate will be within commutable distance to the Houston office location. Relocation assistance may be considered for qualified candidates. RESPONSIBILITIES Assist in day-to-day cash operations, wire transfer payments and bank templates, account maintenance, and funding. Process AP, consolidate into one Payment List for Treasury Manager’s review, and initiate wire transfers, ensuring payments are released timely. Monitor daily cash position to include daily cash management for all bank accounts to ensure bank account deposit limits. Maintain and reconcile deposit position to banks and SAP. Communicate with multiple stakeholder groups in assisting with monthly cash forecast. Participate in building relationships and liaising with the banking partners in term of bank accounts, loans, and other financing activities. Assist with LC management with the Treasury Manager to issue new and existing LCs timely. Prepare cash balance reporting and establish distribution cadence. Assist with KYC requests from banks and support opening/closing bank accounts. Investigate and resolve day to day bank related inquiries. Assist with responding to audit requests, work with external and internal auditors on supporting information requirements. Assist with other special projects and analysis as needed. KNOWLEDGE/SKILL REQUIREMENTS Knowledge of basic banking and financial instruments. Demonstrated ability to work effectively in a small team environment. Demonstrated ability to work in a high-pressure, fast-paced environment. Demonstrated ability to be proactive and manage timely deliverables. Able to prioritize effectively, achieve commitments and deliver results. Possess a high level of financial integrity, strong discipline, and a high degree of accuracy. Team-oriented and able to interact effectively. Excel and PowerPoint skills; experience working and extracting information from various accounting platforms (e.g., SAP) are also beneficial. QUALIFICATIONS Bachelor’s degree in Finance, Accounting, Economics, or equivalent work experience. Minimum of 3 years’ experience in a Corporate Treasury department. Operating experience with online bank platforms. Basic understanding of investments, capital management and US GAAP accounting. Ability to work effectively and efficiently in fast-paced and dynamic environment. Bilingual, English and Korean, preferred but not required. Operating experience with SAP is a plus. CTP (Certified Treasury Professional) is a plus. COMPENSATION: $75,000-$95,000 salary Attention external recruitment firms, we will not accept any unsolicited resumes at this time. Please do not contact any internal member of our company to discuss the position or to solicit candidates. Hanwha Energy provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. www.174powerglobal.com.

Responsibilities

The Senior Treasury Associate will assist the Treasury Manager with daily cash operations, including processing payments, monitoring cash positions across all bank accounts, and maintaining reconciliations with banks and SAP. Responsibilities also include assisting with monthly cash flow forecasting, managing Letters of Credit, and liaising with banking partners.