Job Description

ABOUT ADVANCED ENERGY

Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE\'s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. With engineering know-how and responsive service and support around the globe, the company builds collaborative partnerships to meet technology advances, propel growth for its customers and innovate the future of power. Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado.

POSITION SUMMARY:

Advanced Energy is hiring a talented and driven Treasury Lead, specializing in Foreign Exchange (FX). This role is an integral part of the treasury team and contributes to the company\'s success by managing a global hedging program to reduce FX risk. This is an ideal opportunity for the right professional, with an understanding of FX markets and FX risk management, to continue developing and grow within a global industry leading company.

RESPONSIBILITIES:

• Manage balance sheet hedging program and identify areas for continuous improvement
• Responsible for daily/monthly monitoring of exchange rates and understanding of factors driving changes in FX markets
• Evaluate and review daily FX positions, based on information from multiple ERP systems
• Analyze and identify key drivers to changes in balance sheet exposures
• Research and resolve any unusual position changes with Accounting teams
• Execute FX hedges (forwards, swaps, NDF\'s, options) on daily basis
• Execute FX spot trades
• Ensure accuracy of database of all executed deals, and calculate net settlements at month end
• Produce, maintain, and analyze complex management reports, including for month end reporting on hedge program results and presentations to senior management
• Lead key initiatives related to hedging programs such as evaluating and implementing new system solutions
• Establish and manage relationships with both internal teams such as FP&A, tax, and accounting, as well as external bank partners, to aid in FX risk management
• Provide support for other treasury operations as needed
• Ensure compliance with internal controls
• Work closely with foreign treasury team members
• Regular interaction with the Treasurer and CFO

QUALIFICATIONS:

• Excellent communication (written and verbal) and interpersonal skills
• Strong computer skills, including proficiency in Microsoft Office
• Strong understanding and ability to communicate GAAP FX translation/remeasurement concepts
• FX trading experience
• Working knowledge of Refinitiv or Bloomberg, including usage of Excel add-ins
• Working knowledge of trading platforms including proprietary banking ones, 360T, FXAll or similar
• Ability to handle multiple tasks under tight deadlines
• Ability to work under limited supervision

EXPERIENCE:

• 3-5 years of previous experience in treasury, finance, or banking (FX specific experience preferred)
• Hands on FX hedging experience

EDUCATION:

• Bachelor\'s degree in Business Administration, Finance, Economics, Mathematics or related field
• Advanced degree preferred
• CTP or CFA designations preferred

COMPENSATION:

As required by multiple state pay transparency laws, Advanced Energy provides a reasonable range of compensation for each job posting. Actual compensation is influenced by an array of factors including, but not limited to, skill set, level of experience, and specific office location. The range of starting pay for this role is $80,000 to $120,000 per year.

BENEFITS:

As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan, and discounted Employee Stock Purchase Plan.

In addition to our competitive compensation practices, we offer a strong benefits package in each of the countries in which we operate. In the U.S., we offer a rich benefits package that includes:

• Medical - 4 different health care plan options, dental, and vision
• Short and long-term disability and life insurance
• Health savings and flexible spending accounts
• Generous paid time off starting at 4 weeks, 7 holidays and 3 floating holidays
• 8 hours of paid volunteer time off
• 8 weeks of paid parental leave for both Moms and Dads
• Company matched 401(k)
• Tuition reimbursement
• Expanded mental health coverage and employee assistance programs
• Other voluntary benefits include pet insurance, identify theft, legal assistance, critical illness, and voluntary accident insurance

Advanced Energy is committed to diversity in its workforce including Equal Employment Opportunity for Minorities, Females, Protected Veterans, and Individuals with Disabilities.

Advanced Energy