Director of Corporate Development (JW-64000095)

Company: Cirrus Logic
Location: Austin
Posted on: March 24, 2025

Job Description:

Cirrus Logic is seeking Director of Corporate Development. This position will be based in our Austin, TX location and will report to the Vice President leading Corporate Development. The role will work on corporate development activities for a multi-billion dollar market cap public semiconductor company with outstanding revenue growth, solid free cash flow generation, and a debt-free balance sheet with a sizable and growing cash position.Responsibilities

• Participate in the entire M&A and corporate venture processes including target identification, target engagement, valuation analysis, due diligence, negotiation, deal closure, and post-deal integration.
• Provide detailed analysis of M&A and investment ideas including various valuation methodologies (DCF, comps, LBO, VC method), strategic rationale, growth prospects, potential synergies, risks, and WACC implications.
• Identify/source tuck-in M&A opportunities to augment the company's organic growth.
• Evaluate opportunities for strategic investments in relevant startup companies for gaining insights into adjacent market opportunities, potential future acquisition targets, technology partnerships, IP licensing, etc. This includes financing round valuation, financial, legal, business, and technical due diligence, knowing "market" terms, and negotiating term sheets.
• Build relationships with investment bankers and industry contacts to augment internal deal flow and gain market insights regarding the competitive landscape.
• Actively contribute to building a pipeline of acquisition and investment targets on an ongoing basis to help drive profitable revenue growth.
• Lead the post-deal integration process and manage the successful integration of the acquired companies.Qualifications
  • Strong background in corporate development either in a semiconductor or systems company is preferred.
  • Strong financial background required with valuation analysis and competitive landscape analysis skills with technology sector experience.
  • Minimum 8-10 years of experience in corporate development or investment banking required.
  • An M.B.A or an advanced degree in finance preferred.
  • Excellent communication and presentation skills.
  • Demonstrated financial and business acumen.
  • Advanced Microsoft Excel and PowerPoint skills, and knowledge of industry research platforms.
  • Experience leading a wide breadth of transactions through due diligence, contract development & negotiations, signing, and completion over varied sizes from small (sub $25M) to large (over $1B).
  • Global experience including leading acquisitions, investments, or joint ventures with U.S., European, and Asian targets.
  • Significant M&A and investment experience including deal structuring, valuation, due diligence, negotiation, and integration as well as a proven track record in the full deal cycle from origination to closing.Required Experience
    • Accounting including 3-statement analysis and how they interact. In addition, experience in how to extract important financial information relevant to transactions. Examples include: estimating cash flows, GAAP vs. Non-GAAP treatment, non-recurring/one-time items, etc.
    • Building various financial models including: fully integrated 3-statement models, P&L, balance sheet, and cash flow statements as the need arises to be able to perform various financial analyses including DCF, Accretion/Dilution, ROIC, CF analysis, financing models including debt repayment timeline, etc.
    • Finance skills combined with the ability to make judgments with partial information about targets/investments.
    • Public and private M&A markets, VC markets, and valuation and how companies are trading, what are the comps, trading and transaction comparables analysis.
    • Investment/portfolio theory to be able to assess cost of capital, risk of assets/cash flows.
    • Estimating synergies and their impact on financial models, valuation, PF analysis, Accretion/Dilution, and ROIC.
    • Tax treatment of transactions, NOLs, how to take tax issues into account in valuation/other financial analyses.
    • Legal aspects of definitive agreements negotiations + business terms.
    • Prior investment banking or private equity experience is a big plus.
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Keywords: Cirrus Logic, Austin , Director of Corporate Development (JW-64000095), Accounting, Auditing , Austin, Texas