Simplify Logo

Full-Time

Senior Manager

Treasury Operations

Confirmed live in the last 24 hours

Redwood Materials

Redwood Materials

501-1,000 employees

Recycles batteries for domestic material supply

Energy
Social Impact

Senior

Carson City, NV, USA

Category
Treasury
Finance & Banking
Required Skills
Oracle
Requirements
  • 5+ years in Treasury Operations, particularly within a public company.
  • 5+ experience in leadership roles.
  • Masters in business administration and/or Certified Treasury Professional certification, preferred.
Responsibilities
  • Manage day-to-day treasury operations, including cash management, short-term cash forecasting, and commercial banking relationships.
  • Partner across the finance team on the enhancement of daily treasury operations and transactions.
  • Drive and maintain the company’s transactional banking set up, including bank account structure, disbursement process, short and medium term global cash forecasts; with high focus on automation, risk management and internal control.
  • Maintain bank accounts documentation and signatories as needed.
  • Supervise and manage the issuance of letter of credits, bank guarantees, and surety bonds.
  • Lead the treasury operations team.
  • Implement and manage daily investment strategy in accordance with investment policy.
  • Responsible for creating, developing, and implementing strong controls and performing complete and accurate complex in-depth analysis.
  • Identify and conduct complex analysis on investment alternatives using market data, broker relationships and corporate liquidity needs and make recommendations to Senior Leadership.
  • Perform in-depth complex analysis to prepare company cash flow forecast and other needed analysis; including consolidation of information from various internal sources, updating for actual results, and performing detailed variance analysis.
  • Support enhancement of Oracle from a Treasury perspective.
  • Maintain travel/expense system.
  • Manage a variety of projects simultaneously, prioritizing requirements to meet deadlines and critical needs.

Redwood Materials focuses on battery recycling and the supply chain for lithium-ion batteries. The company recycles used batteries to produce domestic sources of anode and cathode materials, which are essential for battery production. This process not only reduces costs but also addresses sustainability concerns by minimizing the environmental impact associated with transporting critical metals over long distances. Unlike many competitors who rely on overseas sources for these materials, Redwood Materials provides a local solution for U.S. cell manufacturers, helping them to lower expenses and enhance their sustainability efforts. The goal of Redwood Materials is to support the growing demand for lithium-ion batteries, which is expected to increase significantly in the coming years, by creating a more efficient and environmentally friendly supply chain.

Company Stage

Series D

Total Funding

$3.8B

Headquarters

Carson City, Nevada

Founded

2017

Growth & Insights
Headcount

6 month growth

15%

1 year growth

36%

2 year growth

81%
Simplify Jobs

Simplify's Take

What believers are saying

  • Redwood's strategic partnerships with major manufacturers like GM and Ultium Cells ensure a robust and reliable supply chain.
  • The company's expansion into Europe with the acquisition of Redux Recycling indicates strong growth potential and market diversification.
  • Redwood's focus on sustainability and reducing environmental impact aligns with global trends towards electrification and green energy, making it an attractive employer for those passionate about sustainability.

What critics are saying

  • The high capital expenditure for facilities like the $3.5 billion South Carolina plant could strain financial resources if market conditions change.
  • Dependence on partnerships with major manufacturers means that any disruption in these relationships could significantly impact Redwood's supply chain.

What makes Redwood Materials unique

  • Redwood Materials focuses on recycling and repurposing batteries to produce domestic anode and cathode materials, unlike competitors who rely on overseas procurement.
  • Their partnership with major industry players like General Motors and Ultium Cells provides Redwood with a steady stream of production scrap, ensuring a consistent supply of raw materials.
  • The company's large-scale facility investments, such as the $3.5 billion plant in South Carolina, position them as a significant player in the North American battery supply chain.