Job Description

Background

At HyAxiom, we develop, manufacture and service hydrogen fuel cells along with other innovative hydrogen energy solutions. We are a leading provider of stationary fuel cell solutions in some of the world’s largest and fastest-growing markets for utility, industrial and commercial customers. Being the hydrogen business pillar of Doosan Group, we share in their rich history as being a part of the oldest South Korean conglomerate operating in the global energy, manufacturing, and construction sector. Our products serve those who seek cleaner and more sustainable energy sources to lower their carbon footprint.

Our mission is to accelerate a carbon-free energy future by delivering a full spectrum of reliable and cost-effective hydrogen solutions. We seek to be at the forefront of the hydrogen revolution through the development of next-generation technologies for clean hydrogen production and clean fuel cell solutions for land and maritime transportation. Our current product line-up ranges from electrolyzers for scalable green hydrogen production and fuel cells for stationary and mobility applications.

Our main headquarters is located in East Hartford, CT with our manufacturing headquarters located in South Windsor, CT. We are seeking local candidates within a commutable proximity (preferred).

Job Information

As a Treasury Analyst, you will primarily communicate and collaborate with the headquarters and sister companies in Korea. Your responsibilities will include extending loans, securing new loans, paying interest, managing U.S. withholding tax on interest, and handling all related accounting processes for loans received from banks and securities firms in Korea. You will also be responsible for tasks related to capital increases for Korean subsidiaries. Additionally, you will manage accounts receivable (AR) and accounts payable (AP) tasks, as well as cash flow forecasting, in conjunction with Korean sister companies and branches. This position requires fluency in Korean due to the nature of job duty which involves collaborating with Korea team on a regular basis.

As this role encompasses tasks previously performed directly by the Finance Director, training and a handover of all duties will be provided.

Role & Responsibility

• AR/AP and cashflow forecasting
  • M anaging AR/AP tasks and cash forecasting for the company with the Korea branch and sister company.
• Loan-related
  • E xtending loans, securing new loans, paying interest, extending loans, securing new loans, paying interest.
• Withholding tax payments and filing
  • P aying U.S. withholding tax on interest, brand fee, and filing 1042.
• Treasury-related accounting treatment and internal control
  • Loan, AR/AP, W/H tax, capital injection-related accounting treatment through JDE.
  • Internal control documentation for the treasury activities.
  • Audit response related to funds and Footnote preparation.

Job Requirement - Skills

• Cash Management
  • Deep understanding of daily cash positioning, cash flow forecasting (short-term and long-term) and managing bank account structures. This includes optimizing cash balances and minimizing idle cash.
• Debt & Investment Management
  • Understanding of debt instruments, compliance with covenants, interest rate risk management, and managing short-term investment portfolios.
• Communication
  • Excellent written and verbal communication skills in English and Korean to present complex financial information clearly to various stakeholders
• Attention to Detail
  • High level of accuracy and precision is critical in managing financial transactions and reporting

Job Requirement - Education

• BA/BS degree with 5+ years of experience
• MA/MS degree with 3+ years of experience
• Bilingual (English, Korean)

Other

All personal information will be kept confidential according to EEO guidelines.

Questions can be addressed through the HR department at (860) 727-2200.

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