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Lightning AI

Cloud-based AI development and deployment platform

Treasury Lead

Full-TimeUpdated on 10/23/2026
$180k - $220k/yr+ Discretionary Bonus + Equity Component + RSUs + 401(k) Match
Senior, Expert
Bachelor's, MBA
San Francisco, CA, USA
HybridHybrid in San Francisco; in-office 2 days per week.
Finance & BankingTreasury

About the job

Requirements
  • A bachelor's degree in Finance, Accounting, Business Administration, or a related field is required; CTP, CFA, or MBA is strongly preferred.
  • At least 8 years of progressive treasury experience is required, ideally including a mix of corporate treasury and banking or capital markets exposure.
  • Strong command of corporate cash management, banking operations, and short-term liquidity forecasting is required.
  • Hands-on experience managing debt facilities and vendor or equipment financing arrangements, including covenant compliance, is required.
  • Experience selecting, implementing, or substantially upgrading a treasury management system is required.
  • A track record of building treasury infrastructure—including policies, controls, banking architecture, and reporting cadences—in a high-growth or post-merger environment is required.
  • Comfort with capital-expenditure-heavy, capital-intensive business models and a working understanding of vendor financing, equipment financing, and asset-backed structures in practice are required.
  • Strong analytical skills, exceptional attention to detail, accuracy, and documentation quality are required.
  • Excellent written and verbal communication and the ability to brief executives and explain treasury matters to non-treasury audiences are required.
  • A track record of cross-functional partnership with Accounting, FP&A, Legal, Tax, banks, lenders, and external advisors is required.
  • A builder mindset and comfort operating in a fast-paced, foundation-building environment are required.
Responsibilities
  • Build and own the treasury function and establish Lightning AI's treasury operating model across its multi-entity group.
  • Establish treasury policies, controls, signature authorities, and procedures.
  • Select and implement the treasury management system and integrate it with NetSuite and the company's banking infrastructure.
  • Develop the multi-year treasury roadmap, including process design, automation priorities, and FTE buildout.
  • Own daily cash positioning, short-term liquidity forecasting, and intercompany cash movement across the entities.
  • Own the 13-week operational cash forecast on a weekly cadence and partner with FP&A on the 12-month and long-range cash forecast, providing the cash-conversion layer that translates the operating plan into liquidity outcomes.
  • Manage banking relationships, account structure, and bank fee analysis; rationalize the post-merger banking footprint.
  • Oversee the payment operations partnership with Accounts Payable, including wire and automated clearing house controls and fraud prevention.
  • Manage existing debt facilities, vendor financing, and equipment financing across the group, including draw and repayment schedules, interest, and fees.
  • Lead negotiation and execution of new vendor financing arrangements with hardware original equipment manufacturers in support of graphics processing unit and data center capital expenditures.
  • Build and operate the covenant compliance reporting cadence, including financial covenants, reporting covenants, and lender notification requirements.
  • Partner with Strategic Finance on debt structuring, refinancing, and new capital raises.
  • Establish counterparty risk monitoring across banks, vendors, and lenders.
  • Assess and execute foreign exchange hedging where exposures arise, currently limited but expanding as the business scales.
  • Coordinate the insurance program with Legal and Operations.
  • Manage corporate cash investment policy and execution within board-approved guidelines.
  • Support capital structure analysis and optimization in partnership with Strategic Finance.
  • Provide treasury input on operating model design and entity structure decisions.
  • Partner with the Technical Accounting team on the accounting treatment of treasury transactions, including debt, vendor financing, derivatives, and embedded features, and provide the operational facts and documentation that support their technical conclusions.
  • Support the first-year audit on treasury-related areas, including cash confirmations, debt and financing schedules, covenant compliance documentation, and counterparty letters.
  • Communicate treasury matters clearly to non-treasury stakeholders across Finance, Accounting, FP&A, Legal, Tax, Infrastructure Operations, and the executive team.
Desired Qualifications
  • Prior treasury experience at a high-growth AI, cloud, infrastructure, or other capital-expenditure-intensive technology company.
  • Direct experience negotiating vendor financing with hardware original equipment manufacturers.
  • Experience supporting a first-year audit or significant treasury remediation.
  • Multi-entity treasury experience, including post-merger cash and banking integration.
  • Working knowledge of derivatives and hedge accounting concepts at an operational level; technical accounting is handled by the Corporate Accounting team.

About the company

Lightning AI builds a cloud-based platform for AI development that covers the full lifecycle from ideation to deployment. It provides a browser-based environment called AI Studio, a virtual laptop with persistent storage and configurable environments, enabling users to code on CPUs, debug on GPUs, and scale to multi-node deployments without local setup. The platform supports tools like PyTorch Lightning, Fabric, Lit-GPT, and torchmetrics to help data scientists and developers prototype, train on GPUs, and optimize models. Pricing is subscription-based, targeting enterprises and individual developers who need robust, scalable AI development capabilities. The goal is to streamline AI creation and deployment by simplifying access to compute, tooling, and scalable infrastructure in one cloud-based workspace.

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$108.6M

Headquarters

New York City, New York

Founded

2015

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Simplify Jobs

Simplify's Take

What believers are saying

  • September 2026 leadership hires strengthen finance, marketing, and people execution.
  • Lightning Cloud grew 16x quarter-over-quarter by September 11, 2026.
  • January 2026 merger and $50 million funding support rapid GPU capacity expansion.

What critics are saying

  • April 30, 2026 PyPI compromise in pytorch-lightning 2.6.2 and 2.6.3 exposed credentials.
  • August 14, 2026 Lightning Cloud workloads failed to start, showing operational fragility.
  • OpenAI, AWS, and NVIDIA-backed platforms can outspend Lightning, squeezing enterprise share by 2027.

What makes Lightning AI unique

  • January 2026 merger with Voltage Park gave Lightning 40,000 NVIDIA GPUs.
  • Lightning owns the full AI stack: software, compute, deployment, and air-gapped workflows.
  • Meta Monarch and OpenEnv integrations deepen Lightning’s PyTorch developer moat.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Flexible Paid Time Off
  • Paid Family Leave
  • Phone/Internet Stipend
  • Home Office Stipend
  • Professional Development Budget
  • Gym Membership
  • Mental Health Support
  • Stock Options

Growth & Insights and Company News

6 month growth

13%

1 year growth

0%

2 year growth

-2%
GlobeNewswire
Sep 24th, 2026
Lightning AI expands executive team with key finance, marketing, and people leader appointments.

Lightning AI expands executive team with key finance, marketing, and people leader appointments. Heather Paduck as Chief Financial Officer, Betty Junod as Chief Marketing Officer, and Jarlath Doherty as Chief People Officer. September 24, 2026 09:00 ET | Source: Lightning AI NEW YORK, Sept. 24, 2026 (GLOBE NEWSWIRE) - Lightning AI, the vertically integrated AI cloud company, today announced three additions to its executive team: Heather Paduck as Chief Financial Officer, Betty Junod as Chief Marketing Officer, and Jarlath Doherty as Chief People Officer. "Following the merger with Voltage Park, Lightning now offers customers a full-stack AI cloud from infrastructure to developer platform services, that accelerate our customers' time to value," said Sam Yagan, Executive Chairman of the Board. "We're thrilled to welcome Heather, Betty, and Jarlath to bring their strategic leadership and operational strength in building for our next phase of growth." Heather Paduck joins as Chief Financial Officer to lead global financial strategy including, planning, accounting, treasury and capital strategy to scale GPU and data center capacity to meet customer demand. Paduck brings more than 25 years of financial leadership in data center and real estate in hyperscale and enterprise markets. She previously served as CFO of STACK Infrastructure; Northwood Investors, a global real estate private equity firm; and Pembroke Real Estate, a Fidelity Investments subsidiary. Betty Junod joins as Chief Marketing Officer to lead the global marketing and communications organization, establish category leadership, drive enterprise and developer mindshare, and accelerate enterprise go-to-market and product-led growth. Junod brings decades of experience in category defining enterprise and open source infrastructure and developer platform companies. She previously served as CMO and SVP of Heroku at Salesforce, and held marketing leadership roles at VMware Tanzu, Docker, and solo.io. Jarlath Doherty joins as Chief People Officer to lead the people organization across talent acquisition, development, total rewards and workplace. Doherty has spent more than 20 years building and scaling people functions inside high-growth technology companies. He previously held positions as CPO of Squarespace and Collibra, scaling the data intelligence company's global team through a period of rapid expansion, and held global talent leadership roles at LinkedIn, Yahoo and Deloitte. The appointments follow Lightning AI's January 2026 merger with Voltage Park, bringing together the model training platform with more than 40,000 NVIDIA GPUs across nine U.S. data centers. Lightning AI serves an array of enterprise teams alongside AI-native companies including Cursor, Reflection AI, and Black Forest Labs. About Lightning AI Lightning AI is the vertically integrated AI cloud company behind PyTorch Lightning. The company's unified hardware and software stack lets organizations build, evaluate, and operationalize AI workflows across cloud, hybrid, on-prem, and air-gapped deployments. Following its January 2026 merger with Voltage Park, Lightning AI operates more than 40,000 NVIDIA GPUs across nine U.S. data centers, serving AI-native companies and enterprise teams. Learn more at lightning.ai. Media Contact

International Association for Cryptologic Research
Sep 17th, 2026
IACR news item: 17 september 2026.

IACR news item: 17 september 2026. Rong qian, mengrun chen, yu cheng, yuchang zhang, zengli guo. ePrint Report Lightning's BOLT 12 (offers, onion messages, blinded paths) is the largest addition to the Lightning protocol suite, and it is rolling out now. The specification changed three times in 2026, the community is actively debating its privacy posture, and its newest mechanism, Payer Proofs, landed in July 2026 without any analysis. We give the offer family its first formal treatment, covering the full lifecycle from request to receipt, pinned to specification commits e20a924/1528972 and machine-checked in twenty-two ProVerif models that each converge within seconds. The results read as a map rather than a checklist: the family's privacy and integrity rest on seven bindings, removable assumptions whose removal consequences we check row by row. Receiver anonymity and payer-payee unlinkability hold under unbounded sessions and corrupted path nodes, and every protocol-level attack we exhibit lands on an assumption the specification already leans on out-of-band. The map's structure is itself the finding. The blinding key chain, designed for unlinkability, authenticates recipient-side transit for free, while the payer side's delivery binding rests on implementation discipline alone. The newest part of the specification, its payment receipts, turns out to hide a precise disclosure boundary. We close with six testable recommendations for the BOLTs repository. Additional news items may be found on the IACR news page.

Associated Press
Jul 1st, 2026
Lightning AI hires ex-AWS and Confluent executive Peter Bershatsky as VP of strategy

Lightning AI has appointed Peter Bershatsky as Vice President of Strategy and Business Development. He will lead the company's partnership strategy across hyperscalers, systems integrators and independent software vendors. Bershatsky brings over 20 years of experience in strategy and partnerships. He most recently served as Vice President of Corporate Business Development at Confluent, where he led Systems Integration partnerships and helped drive acquisitions of Immerok and Warpstream. He previously held senior roles at AWS, HP and Alteryx, and teaches tech M&A strategy at UC Berkeley's Haas School of Business. The appointment follows Lightning AI's January 2026 merger with Voltage Park, which combined its developer platform with over 36,000 NVIDIA GPUs across six US data centres.

The Post and Courier
May 21st, 2026
LiveKit appoints Tom Davies as Chief Revenue Officer to accelerate enterprise growth.

LiveKit appoints Tom Davies as Chief Revenue Officer to accelerate enterprise growth. * May 21, 2026 This paid press release is brought to you from our partnership with EZ Newswire. The Post and Courier news staff was not involved in its creation. Davies joins as CRO alongside new sales, finance, and marketing leaders as LiveKit scales to meet accelerating enterprise demand for voice AI. SAN FRANCISCO, CA, May 21, 2026 (EZ Newswire) - LiveKit, the platform for building voice, video, and physical AI agents, today announced the appointment of Tom Davies as Chief Revenue Officer as the company expands its go-to-market leadership team to meet growing enterprise demand. More than 10% of the Fortune 500 already build on LiveKit today, and the expectation is that this accelerates with increased investment in both the go-to-market and platform. Davies joins LiveKit from Grafana Labs, where he served as VP of Sales for the West. Prior to Grafana, he spent more than six years at Snowflake leading vertical sales organizations across Media, Telecom, and Entertainment accounts throughout the U.S. At LiveKit, Davies will lead the company's global revenue organization as enterprises increasingly move AI agents from experimentation into production. "AI agents are quickly becoming core infrastructure for the enterprise, whether customer-facing or operating behind the scenes across internal workflows and systems," said Russ d'Sa, co-founder and CEO of LiveKit. "Tom has built and scaled enterprise revenue organizations at category-defining companies, and we're excited to have him leading our next phase of growth as more enterprises deploy voice AI applications and digital workers at scale." LiveKit provides the software frameworks and cloud infrastructure for building AI agents that can see, hear, and speak in real time, used by companies including SAP, Tesla, OpenAI, Salesforce, SpaceXAI, Spotify, and thousands of others, collectively facilitating billions of interactions each year. As businesses shift from chat-based interfaces to AI systems driven by voice, video, and computer vision, LiveKit is becoming a foundational infrastructure layer for teams building AI applications and digital workers. The company's platform combines open-source Agent SDKs for building voice and video agents with the global infrastructure needed to deploy and scale low-latency, stateful AI workloads in production. "Enterprises are moving beyond AI pilots and actively deploying production-ready AI systems," said Tom Davies, Chief Revenue Officer at LiveKit. "LiveKit has become foundational infrastructure for real-time AI experiences, and the opportunity ahead is enormous. I'm excited to help scale the business and partner with customers building the next generation of AI-powered applications and digital workers." Alongside Davies' appointment, LiveKit also announced the appointments of Megan Barros as Regional VP of Sales, Cameron Huang as VP of Finance, and Michelle Schroeder as VP of Marketing. Barros brings more than seven years of sales leadership experience from Snowflake and most recently served as Regional Sales Director for West Acquisition at Grafana Labs. Huang joins from Lightning AI, where he served as VP of Finance, and previously held roles at Eppo, Chime, and Centerview Partners. Schroeder joins from PolyAI, where she served as Chief Marketing Officer, bringing more than 13 years of experience leading marketing organizations at B2B technology companies. The appointments follow a period of strong momentum for LiveKit, including its $100 million Series C financing at a $1 billion valuation in January 2026. As enterprise adoption of real-time AI accelerates, LiveKit plans to continue expanding its team across departments. View open roles at livekit.com/careers. About LiveKit LiveKit is an end-to-end platform that gives developers everything they need to build and scale voice, video, and physical AI agents. Based in San Francisco, California, LiveKit powers some of the most widely used AI applications in the world. For more information, visit livekit.com. Media Contact Kathleen Eagan

FYIsoft
Apr 30th, 2026
PyTorch Lightning and intercom client suffer supply chain attack to steal credentials.

PyTorch Lightning and intercom client suffer supply chain attack to steal credentials. By April 30, 2026 No Comments 4 Mins Read Ravi LakshmananApril 30, 2026Supply chain attacks/malware In yet another software supply chain attack, attackers compromised the popular Python package Lightning and pushed two malicious versions to perform credential theft. According to Aikido Security, OX Security, Socket, and StepSecurity, the two malicious versions are versions 2.6.2 and 2.6.3, both published on April 30, 2026. The campaign is being assessed as an extension of the Mini Shai-Hulud supply chain incident that targeted SAP-related npm packages on Wednesday. As of this writing, the project is isolated by the Python Package Index (PyPI) repository administrator. PyTorch Lightning is an open source Python framework that provides a high-level interface to PyTorch. This open source project has over 31,100 stars on GitHub. "The malicious package contains a hidden _runtime directory containing a downloader and an obfuscated JavaScript payload," Socket said. "The execution chain runs automatically when a Lightning module is imported, with no additional action required by the user after installation and import." This attack chain paves the way for a Python script ('start.py') to download and execute the Bun JavaScript runtime, which is used to execute an 11 MB obfuscated malicious payload ('router_runtime.js') for comprehensive credential theft. The project's management confirmed that "we are aware of this issue and are actively investigating it." It is not clear at this time how the incident occurred, but it has been suggested that the project's GitHub account may have been compromised. From the collected credentials, the GitHub token is validated against 'api.github'.[.]com/user" endpoint to inject a worm-like payload into up to 50 branches pulled from all repositories that the token can write to. "This operation is an upsert; it creates a file that doesn't yet exist and silently overwrites the file that does exist," Socket added. "No pre-checking of existing content is performed. All tainted commits are created using a hard-coded ID designed to impersonate Anthropic's Claude Code." Separately, the malware implements an npm-based propagation vector that modifies the developer's local npm package using a post-installation hook in the "package.json" file to invoke the malicious payload, increment the patch version number, and repack the .tgz tarball. When unwitting developers publish modified packages from their local environment, they become available on npm and from there malware can reach downstream user systems. In the meantime, FySelf Functionalities recommend blocking Lightning versions 2.6.2 and 2.6.3 and removing them from developer systems if they are already installed. It is also important to downgrade to the latest known clean version 2.6.1 and rotate any exposed credentials in the affected environment. This supply chain attack is the latest addition to a long list of breaches carried out by the threat actor known as TeamPCP. TeamPCP launched the Onion website on the dark web after its account was suspended by X for violating the platform's rules. He also praised LAPSUS$ as "a good partner of ours and has been deeply involved throughout this operation." The group also emphasized that it has "never used the VECT encryption tool and owns its own private locker, CipherForce," following a Check Point Research report on vulnerabilities discovered in the ransomware encryption process. Intercom npm packages compromised as part of Mini Shai-Hulud. In a related development, it was revealed that intercom-client version 7.0.4 was compromised as part of the mini Shai-Hulud campaign in a manner similar to SAP packages that used pre-installation hooks to trigger execution of credential-stealing malware. "This overlap is significant because the SAP CAP campaign was linked to TeamPCP activity based on shared technical details, including unique payload implementation patterns, GitHub-based leaks, credential harvesting across developer and CI/CD environments, and similarities to previous attacks impacting Checkmarx, Bitwarden, Telnyx, LiteLLM, and Aqua Security Trivy," Socket said.