Job Details

TWO DAYS A WEEK REQUIRED TO WORK ONSITE AT OUR TROY OFFICE

GENERAL SUMMARY:
The Treasury Analyst reports to the Manager of Treasury Operations, assisting with oversight responsibilities for cash and treasury operations, short-term borrowing, payments, cash forecasting, working capital management and optimization and compliance. Evaluates products, services, technologies and systems that are available and appropriate to support a sophisticated treasury operation. Develops and implements treasury processes and procedures, as well as internal controls to safeguard cash and optimize working capital. Must continually keep their knowledge of cash management and treasury related functions current.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

Cash Management

• Performs daily reconciliation of in-house banking accounts to custodian statements and bank actuals.
• Initiate and verify fund transfers.
• Complete cash positioning, which involves estimating the cash you need for the day and either purchasing or selling investments.
• Facilitate banking services, including deposit and lockbox accounts. Opens and closes bank accounts, maintains signature card file and assists
• Manager Treasury Operations in implementing new bank products and services.
• Platform administrator for internal and external treasury systems, bank technologies and merchant card services.
• Analyzes bank fees and earnings credit rate. Prepares annual bank fee budget and analyzes actual to budget variances.
• Monitors bank accounts for fraud and report unusual activity to Manager Treasury Operations.
• Maintains wallet share reporting across all banking relationships.
• Evaluate opportunities for and Implements improvements to current cash management processes.
• Supports research and analysis of products and services to optimize cash and working capital.

• Prepare debt payments.
• Assist in monitoring compliance with debt covenants resulting from bond indentures and other credit agreements.
• Support the issuance of new debt obligations and retention of other credit facilities as directed by Manager Treasury Operations.

• Maintains a culture of quality, continuous improvement and exceptional service.
• Demonstrates the highest professional ethics when dealing with confidential information.
• Ensure compliance with policies and procedures for Treasury Services.
• Assist the Manager Treasury Operations with other treasury related projects as needed.

• Bachelor's Degree required; Master's Degree preferred.
• Minimum two (2) years' experience in Accounting, Finance or related field required and more than two (2) years' experience preferred.
• Strong analytical skills, attention to detail, and advanced skills with computer applications including Excel, Word, and Power Point required.
• Must be self-motivating, intuitive, organized and precise.
• Ability to communicate effectively both written and orally, relay ideas to management, and work in small treasury team environment necessary for job.
• A desire to cross train to provide back up to other treasury functions as needed.