Treasurer

Treasurer

Bellevue, WA, USA

TerraPower is a nuclear technology company based in Bellevue, Washington. At its core, the company is working to raise living standards globally through a more affordable, secure, and environmentally friendly form of nuclear energy along with innovations in medical isotopes to improve human health. In 2006, TerraPower originated with Bill Gates and a group of like-minded visionaries who evaluated the fundamental challenges to raising living standards around the world. They recognized energy access was crucial to the health and economic well-being of communities and decided that the private sector needed to take action and create energy sources that would advance global energy deployment. TerraPower's mission is to be a world leader in new nuclear technologies, while developing innovators and future leaders in the nuclear field. As a result, the company's activities in the fields of nuclear energy and related sciences are yielding significant innovations in the safety and economics of nuclear power, hybrid energy and medical applications – all for significant human health benefits.

TerraPower is seeking to hire highly motivated and forward-thinking professionals who are interested in focusing on advanced nuclear reactor research and development and influencing change within the nuclear power landscape and bringing forward the critical production of medical isotopes. TerraPower is an Equal Opportunity Employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law.

Treasurer

The Treasurer oversees TerraPower's enterprise-wide treasury function, ensuring strong liquidity management, accurate cash forecasting, and disciplined oversight of cash across a complex, project-driven, capital-intensive environment. This role provides strategic and operational leadership for cash positioning, foreign currency exposure, banking structure, and treasury controls. The Treasurer partners closely with Accounting, FP&A, and project finance teams to align liquidity planning with long-term reactor development and infrastructure programs.

Responsibilities: Strategic Leadership & Collaboration:

• Lead the treasury function, setting direction for liquidity planning, cash policy, and financial risk management.
• Partner with Accounting, FP&A, Legal, and project teams to ensure alignment of cash strategies with operational and long-term program needs.
• Present clear, actionable insights to senior leadership on cash position, liquidity risks, and funding requirements.

Cash Management & Liquidity Oversight:

• Direct daily cash positioning and liquidity management across multiple legal entities and bank relationships.
• Optimize cash utilization while ensuring adequate funding for operations and major capital projects.
• Oversee cash concentration, intercompany transfers, and bank account structure.

Cash Flow Forecasting & Reporting:

• Build and maintain short- and long-term cash flow forecasts, integrating inputs from FP&A, project teams, and Accounting.
• Monitor long-term obligations (LTO) and capital project cash requirements.
• Provide ongoing visibility into cash burn, liquidity outlook, and funding milestones.

Foreign Currency Management:

• Monitor foreign currency exposures associated with international vendors, contracts, foreign subsidiaries and project activities.
• Implement operational (non-derivative) strategies such as currency matching, payment timing, and natural hedging.
• Provide analysis on FX impacts affecting program cost and funding.

Banking Structure & Relationship Management:

• Manage domestic and international banking partners, ensuring optimal account structure, service levels, and payment execution.
• Lead bank onboarding, KYC compliance, and ongoing evaluation of banking services.

Capital Project Support:

• Partner with project finance teams to align cash disbursements with project schedules and funding milestones.
• Track and analyze cash utilization across reactor development and other large-scale programs.
• Support financing activities and provide treasury input for project planning.

Controls, Compliance & Process Improvement:

• Maintain strong treasury controls for payments, cash handling, and reporting.
• Ensure compliance with internal policies and requirements applicable to a nuclear/energy environment.
• Continuously evaluate forecasting, reporting, and treasury processes to improve accuracy, scalability, and efficiency.

Key Qualifications and Skills

• Bachelor's degree in Finance, Accounting, or related field.
• 12+ years treasury or corporate finance experience with deep cash management and forecasting expertise.
• Experience building and maintaining multi-entity cash flow forecasting processes.
• Experience managing foreign currency exposure using non-derivative strategies.
• Strong understanding of liquidity management, banking structure, and internal controls.
• Advanced Excel and analytical skills.
• Highly effective communicator capable of advising senior leadership.
• The successful candidate will be fully aligned with the TerraPower Guiding Principles of Deliver on the Mission, Build & Demonstrate Trust, Respect One Another, Show Integrity, Communicate Openly and Foster Teamwork.

Job Functions:

• Motor Abilities: Sitting for extended periods, bending/stooping, grasping/gripping, fine motor control (hands)
• Physical exertion and/or requirements: Minimal, with ability to safely lift up to 25 pounds.
• Repetitive work: Prolonged
• Special Senses: Visual and audio focused work
• Work Conditions: Stairs, typing/keyboard, standard and/or sitting working environment of >8 hours/day
• Travel required 0-10%

TerraPower's technology is controlled for export by various agencies of the U.S. Government. TerraPower must evaluate applicants who are foreign nationals (other than asylees, refugees, or lawful permanent residents) in accordance with U.S. Government export control requirements. To facilitate TerraPower's export control reviews, you will be asked as part of the application process to identify whether you are a U.S. Citizen or national, asylee, refugee, or lawful permanent resident of the United States. Government export authorization approval times vary. Based on the business needs for a particular position, TerraPower may not consider a foreign national from a country if it is impracticable to obtain timely Government export approval.

Job Details:

Salary Range: $196,537 – $294,806

* We typically place offers in the lower to middle portion of the range to maintain internal equity and allow room for growth. Any salary offered within the posted salary band is based on market data and commensurate with the selected individual's qualifications experience. This range is specific to Washington State.

Benefits:

• Competitive Compensation
• Salary, eligible to participate in discretionary short-term incentive payments
• Comprehensive Medical and Wellness Benefits
  • Medical
  • Vision
  • Dental
  • Life and Disability
  • Gender Affirmation Benefits
• Parental Leave
• 401k Plan
• Generous Paid Time Off (PTO)
  • 21 days of annually accrued PTO
• Generous Holiday Schedule
  • 10 paid holidays
• Relocation Assistance
• Professional and Educational Support Opportunities