What are the responsibilities and job description for the Treasury Analyst position at Hercules Capital?
Hercules Capital, Inc. (“Hercules”) is an internally managed, publicly traded BDC providing financing solutions to high-growth, innovative venture capital-backed and institutional-backed companies. Hercules and its wholly owned subsidiary, Hercules Adviser, manage over $5.7 billion of assets and aims to continue to expand and grow its operations.
The Treasury Analyst will play a key role in day-to-day payment and liquidity management for the venture lender and assist the Treasury Senior Manager with all debt reporting, as well as ad-hoc Treasury responsibilities. In this role, the analyst will be required to analyze and interpret financial data, prepare treasury reports and analytical documents, generate cash and debt forecasts, and maintain effective cash and asset management strategies. The successful candidate must manage responsibilities in a fast-paced environment for multiple legal entities while supporting initiatives to enhance the existing functions (including using Excel power features and AI tools where appropriate) to meet the rapidly changing needs of the business.
Essential Responsibilities and Skills:
• Responsible for preparation of daily Cash Flow forecasts and cash balance management.
o Co-ordinate with internal departments to track company deal pipeline for fundings, payoffs and Private Fund allocations.
o Collaborate with the FP&A team on cash forecasting models to optimize cash balances and minimize borrowing costs.
o Monitor and manage daily cash positions and idle cash investing ensuring adequate liquidity to meet operational needs
• Process automation with advanced Excel features and AI assistants to reduce manual effort, improve consistency, and strengthen documentation in recurring treasury processes.
• Support operational duties including drawdowns, capital injections, capital distributions
• Support daily payment activities including wire initiation and tracking, coordination with AP team and wire approvers, ensuring all required audit support is in place.
• Track banking activities, maintenance of internal Bank account matrix to ensure the tracking of all accounts and authorities, user access, opening/closing of bank accounts.
• Assist with KYC process for new and existing bank accounts, audits and regulatory exams.
• Assist with leveraged facility compliance, including preparation of monthly borrowing bases/waterfalls, quarterly covenant compliance reporting and ad-hoc requests from lenders are provided in timely manner.
• Assist with 10Q/10K schedules preparations
• Assist with preparation of quarterly management reports and presentations.
Qualifications:
• Bachelor’s degree in accounting or finance
• Minimum of one - three years of related experience in treasury, corporate accounting or finance; experience with structured debt preferred
• Proficiency with Microsoft Excel
• Comfortable using AI productivity tools (e.g., Claude/Copilot) to support drafting, reconciliation, and analysis with appropriate judgment and controls
• Hazeltree or other Treasury workstation experience a plus
• Hypercore or other loan management system experience a plus
• Eagerness to learn and solid work ethic/motivation to succeed
• High energy level and internal motivation
• Excellent communication and interpersonal skills