TREASURY ANALYST

Facilitates daily treasury operations, provides accurate cash reporting, and assists with bank structure management and some risk management activities. Produces reports to aid in the forecasting of cash needs for the business and assists with other treasury functions. Manage and analyze organization’s financial activity. Works cross functionally with the finance team.

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES

• Monitor and analyze the company’s daily cash position to cover cash commitments and coordinate/optimize the short-term borrowing or investments or assist in the execution of the daily cash management duties.
• Manage cash flow, income, liability obligations and assets.
• Pool cash from all secondary bank accounts when necessary
• Administer the ACH program.
• Adhere to month-end cut-off schedules by cash department personnel for reconciliations of all cash-related accounts, all month-end processes, and all related journal entries.
• Assist in executing standby letters of credit, export letters of credit, performance bonds and similar instruments.
• Prepare daily, weekly, and monthly reports on the global cash position.
• Assist with risk management by identifying/recommending strategies to minimize foreign currency, interest rate and commodity exposures.
• Assist with short- and long-term intercompany settlements and transactions.
• Provide information in connection with the external and internal audits and monitor cash management activities to ensure compliance.
• Approve foreign exchange, wire transactions, and facilitate other credit line transactions.
• Develop, monitor, and analyze bank fees including credit card and cash management expenses.
• Maintain positive banking relationships with depository banks.
• Assist in maintaining banking records and legal documentation including SOX- and FBAR-related documentation.
• Work with treasury management to maintain and rationalize the company’s choice of key global banks including the analysis of bank fee structures, services, relationships, credit levels and counterparty credit quality/exposure.
• Assist other departments (e.g., audit, accounting) with quarter-end and ad-hoc information requests as needed.
• Act as a treasury liaison with the company’s business units in setting up new banking accounts, services, and handling bank inquiries and related matters.
• Work with company’s business units to prepare weekly cash forecasts and other cash and borrowing projection models; coordinates with teams to identify and mitigate forecasting variances.
• Support corporate accounting, corporate tax, financial planning, internal audit, and other functions as they relate to Treasury transactions and entity structures.
• Work with FP&A on developing operating cash flow forecasts, enhance visibility into global cash balances, optimize working capital and establish metrics/key performance indicators.
• Recommend and implement solutions to strengthen operational controls and incorporate best practices.
• Assist with presentation material for investors, rating agencies or the Board of Directors, as needed.

EDUCATION

• Bachelor’s degree in finance, accounting, economics, or related field required.

KNOWLEDGE REQUIRED

• Ability to quickly understand complex transactions.
• Knowledge of the banking industry and technical knowledge of bank products and foreign exchange
• Ability to apply finance and treasury principles.
• Strong Excel skills
• Proficiency in accounting

EXPERIENCE REQUIRED

• 2-5 years of corporate treasury experience

SKILLS / ABILITIES

• Ability to multi-task in a fast-paced environment
• Effective at planning and priority setting
• Must be well-organized and detail oriented.
• Ability to work collaboratively.
• Good communication and interpersonal skills
• Good critical thinking and analytical skills