Manage daily cash operations using the Treasury Management System (TMS)
Monitor bank accounts, execute wire/ACH transactions, and maintain optimal liquidity positions to meet funding needs requiring judgement and discretion
Execute high-value funds transfers between internal and external bank accounts totaling $1B+ per month requiring accuracy and confidence in decision-making
Optimize short-term investments and borrowing by determining daily financing positions based on cash forecasts, ensuring adequate funds for operations while maximizing returns on any excess cash within policy guidelines
Prepare and analyze cash flow forecasts, perform variance analyses and adjust projections as needed to respond to changing conditions using judgement to interpret trends
Present insights from forecasts to Treasury leadership, enabling informed decision-making
Reconcile cash transactions daily
Drive process improvements: Identify opportunities to streamline treasury processes and leverage technology to increase efficiency and reduce operational risk
Ensure compliance and controls: Adhere to all internal controls and external regulations
Liaise with external and internal business partners
Coordinate unclaimed property compliance: Ensure unclaimed funds are managed in accordance with state regulations
Collaborate on treasury initiatives: Partner with the Assistant Treasurer, Treasury Manager, and other finance colleagues

Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Business Administration or other related course of study or equivalent work experience
Minimum 3+ years experience in Treasury, Investments or Finance/Accounting
Strong problem-solving skills and attention to detail due to the complexity of the function
Intermediate technical skills in Excel
Individual must be deadline oriented with excellent organizational skills
Resourcefulness, ability to think logically, work independently to resolve issues, and confidently present findings and recommendations.
Preferred candidate will have cash management or investments/investment accounting experience in a complex financial services organization or large corporate environment
Experience with accounting practices, processing of financial transactions, banking-related activities, cash flow theory, investments and related terminology is strongly preferred
Working knowledge of one or more treasury management systems is highly preferred
Quantitative skills including financial modeling experience is beneficial.

Treasury Analyst

Key skills