---
title: 'Treasury Manager at TransGrid Energy'
canonical: 'https://feeny.ai/job/treasury-manager-transgrid-energy-irvine-k0ynrycaz76h'
type: 'job'
last_seen: '2026-10-16'
---

# Treasury Manager at TransGrid Energy

- **Company:** TransGrid Energy
- **Location:** Irvine, CA
- **Compensation:** $155k–$160k
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-09-22
- **Last confirmed live:** 2026-10-16
- **Apply:** https://jobs.ashbyhq.com/transgrid-energy/a15cd213-2f90-4af2-947e-0ad5e4828871

## Job description

## COMPANY OVERVIEW

TransGrid Energy is a newly established renewable energy company to invest, develop, own and operate utility-scale renewable energy projects. TransGrid has a robust pipeline of projects in the near term, and it will expand its energy asset portfolio across the United States. As an affiliate company of Hanwha Group, a FORTUNE Global 500 company driven by a firm commitment to advancing the clean energy future, TransGrid Energy strives to shape the renewable energy landscape by providing sustainable and reliable power solutions tailored to meet the energy needs of today and tomorrow.

## POSITION OVERVIEW

The Treasury Manager reports to the Finance Director and is responsible for managing the day-to-day operations of the newly established Finance/Treasury department to support the company’s growth. The ideal candidate is a self-starter who is comfortable operating with ambiguity and limited precedent, enjoys designing and improving processes from the ground up, and is willing to move between hands-on execution and process design as the department scales. This role will support a debt portfolio in non-recourse Project Financing loans and cash management for more than +100 bank accounts and 30+ legal entities. The Treasury Manager will manage Project Financing closings, Term conversions, and the establishment of sophisticated monitoring processes for Tax Equity Partnerships and dividend distributions.

## RESPONSIBILITIES

- Execute PF Closings and Term Loan conversions.
- Manage the service in non-recourse PF debt (e.g. - Tax Equity Bridge Loan and Construction Loan), ensuring all principal and interest payments are executed accurately.
- Prepare and review PF covenant reporting to ensure strict adherence to lender requirements.
- Manage daily cash operations and the +100 bank accounts, including dozens of restricted reserve accounts required by non-recourse PF agreements.
- Support and enhance cash positioning and cash forecasting processes and reporting.
- Support the process for calculating quarterly distributable cash and monitoring partnership shortfalls to initiate margin calls according to the agreements.
- Support the management of interest rate swaps and hedging strategies to protect project cash flows from market volatility.
- Assist in developing and implementing financial policies and internal controls specific to treasury and project finance operations.

## REQUIRED QUALIFICATIONS

- Bachelor’s degree in accounting, finance, or related field.
- 6+ years of progressive experience in project finance, treasury, or corporate finance, with a focus on utility-scale energy projects.
- Hands-on experience with PF debt and waterfall structures.
- Proven ability to manage high-volume financial transactions and multi-account structures.
- Advanced proficiency with Excel and financial modeling for debt service and dividend distributions.
- Strong communication skills with the ability to work cross-functionally and build relationships with internal and external stakeholders.

## PREFERRED QUALIFICATIONS

- Experience in renewable energy and/or project finance preferred.
- Experience using SAP, banking portals and Treasury Management Systems.
- Demonstrated experience in improving financial processes and reporting structures.
- Bilingual proficiency in Korean and English a plus.
- CPA or CFA a plus.

## WORK AUTHORIZATION

The ideal candidate for this role will have authorization to work in the US prior to joining TransGrid Energy LLC. The Company will not sponsor or offer assistance with the sponsorship for work authorization in the United States.

## DIVERSITY AND INCLUSION

TransGrid Energy believes that diversity and inclusion are vital to our success. We believe that by embracing different ideas and approaches, we enhance our ability to deliver the best results for our employees, our environment, and ultimately our business partners and customers. We foster a culture where all colleagues are able to share their passions and ideas in order that we may collectively embrace and overcome the challenges in our industry, and work toward a brighter future. TransGrid Energy is an Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

## About TransGrid Energy

## Company Overview
- **One-liner**: TransGrid Energy develops, owns, and operates utility-scale Battery Energy Storage Systems (BESS) and photovoltaic (PV) projects to advance the transition to a more sustainable and resilient energy grid.
- **Entity Type**: Private (Subsidiary of Hanwha FutureProof, part of Hanwha Group)
- **Headquarters**: Irvine, California, United States
- **Founded**: Not publicly available
- **Founders**: Not publicly available

## Core Business
- **Primary industry/industries**: Renewable Energy Power Generation, Utility-Scale Energy Storage, Solar Energy
- **Target customers**: Utilities, grid operators, and large-scale energy consumers (B2B, Enterprise)
- **Mission or purpose statement**: To shape sustainable energy solutions for a more resilient grid by investing in and operating assets across the USA that drive the shift toward a more sustainable future.

## Products & Services
- **Utility-Scale Battery Energy Storage Systems (BESS)**: Development, ownership, and operation of large-scale battery storage projects (e.g., Atlas VIII at 279MW/1,116MWh) that provide grid stability, reliability, and clean energy integration.
- **Photovoltaic (PV) Solar Projects**: Development, ownership, and operation of utility-scale solar generation assets (e.g., Silver Peak at 100MW PV).
- **Hybrid BESS/PV Projects**: Combined solar and battery storage facilities that deliver reliable, dispatchable clean energy.

## Market Standing
- **Valuation/Market Cap**: Not disclosed (private subsidiary)
- **Key Metric**: Total Funding of **$975 million** (as of March 2025), including a $270M round and $705M in debt financing. Portfolio boasts over **8.6 GWh in BESS capacity** and **538 MW in PV capacity** across projects in advanced development or under construction.
- **Notable Investors/Partners**: Hanwha Group (parent company, a Fortune Global 500 leader), Hanwha FutureProof, Microsoft (partnering on edge data centers and BESS deployment), Prime Group Holdings.
- **Growth Signals**: Headcount grew **+125% year-over-year** (from ~15 to 34 employees). Closed a **$1.2 billion financing** for the Atlas VIII project in January 2026. Multiple projects under construction with target commercial operation dates in 2026 and 2027.

## Competitive Advantages
- **Hanwha Group Backing**: As an affiliate of a Fortune Global 500 diversified conglomerate, TransGrid Energy has unparalleled access to capital, industry expertise, and a global network for rapid scaling.
- **Long-Term Ownership Model**: Unlike many developers that flip projects, TransGrid Energy commits to long-term ownership, optimizing each asset for longevity and enduring value.
- **Focus on Late-Stage Development**: Acquires projects nearing Notice to Proceed (NTP), mitigating development risks and accelerating time to revenue.
- **Proven Execution**: A team with over a century of cumulative experience in energy sector innovation, now focused on the U.S. renewable energy transition.

## Strategic Focus
- **Rapid Portfolio Expansion**: Scaling a multi-GW pipeline of BESS and PV projects across the U.S., with a near-term focus on bringing projects under construction (like Atlas VII and Atlas VIII) to commercial operation.
- **Grid Resilience & Reliability**: Prioritizing projects that strengthen grid stability and support the integration of intermittent renewable sources.
- **Strategic Partnerships**: Collaborating with major tech companies (Microsoft) and financial institutions to deploy innovative energy infrastructure solutions, such as co-located edge data centers and battery storage.

## Why Work Here
- **High-Growth Environment**: The company is in a rapid growth phase (+125% YoY headcount), offering significant opportunities for career advancement and impact in a fast-moving industry.
- **Entrepreneurial Culture**: Described as having an "entrepreneurial culture" within a stable, global parent company, combining startup agility with large-company resources.
- **Mission-Driven Work**: Employees contribute directly to the clean energy transition, working on projects that have a tangible impact on grid sustainability and resilience.
- **Comprehensive Benefits**: Includes medical, dental, and vision insurance; basic life and disability coverage; generous paid holidays, vacation, and sick leave; and a **401(k) with company match** (full vesting of both contributions and match).
- **DEI Commitment**: Diversity, equity, and inclusion are stated core values, with initiatives to foster a respectful, collaborative, and innovative workplace.
- **Work Policy**: Roles are listed as a mix of On-Site, Hybrid, and Remote, offering flexibility depending on the position.

## Sources
1. [transgridenergy.com](https://transgridenergy.com/)
2. [transgridenergy.com/careers](https://transgridenergy.com/careers/)
3. [transgridenergy.com/about-us](https://transgridenergy.com/about-us/)
4. [transgridenergy.com/our-projects](https://transgridenergy.com/our-projects/)
5. [linkedin.com/company/transgridenergy](https://www.linkedin.com/company/transgridenergy)

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