Treasury Analyst

Summary Statement

The Treasury Analyst is responsible for supporting the day-to-day cash positioning of the company, including the timely and accurate accounting, managing and reporting of cash balances and movements in our various accounts and manages our daily cash position including liquidity forecasting. 

Organization

The Treasury Analyst reports directly to the Manager, Cash Management and has contact with various departments/areas, Investment Managers, Third Party Administrators and Banks.

Duties and Responsibilities

• Assists in managing the Company's daily cash position in a timely and accurate manner by prioritizing the development of the daily cash position for Custody and Operating accounts, working within the Treasury Workstation, creating the daily Open Payable/Receivable and Balance Rollforward, ensuring settlement of the day's transactions, reconciling daily variances with intraday reporting, and escalating issues to management as appropriate.
• Maintain intensive and detailed Excel spreadsheets in support of Treasury Operations, must be able to review and debug complicated formulas to ensure accurate results
• Transition reporting and analysis activities from Excel into the Treasury Workstation
• Processes cash disbursement requests, prioritizes, stages the item for payment, and records the cash impact for analysis.
• Assists with overseeing banking relationships.
• Proactively plans for contingencies and propose improvements.
• Identifies and proposes process improvements.
• Track record of automating manual tasks & processes.
• Engages knowledgeably and confidently with customers to satisfy requests in a timely manner within the confines of good judgement and the internal control environment.
• Support the bank fee analysis in an automated and regular fashion; track and model bank fees and custodial fees for forecasting purposes.
• Analyze banking activity, consider and develop banking strategies.
• Supports documentation of Standard Operating Procedures and Internal Control narratives related to the cash management functions with accuracy and completeness.
• Supports company-wide internal control objectives for Treasury by identifying key risks, adhering to controls, documenting controls for compliance and testing, assisting in the preparation of control self-assessments, and remediating any control gaps.
• Monitors the interface with external banking institutions by acting as initial point of contact for issue resolution. Escalates issues to management for resolution when necessary.
• Prepares ad-hoc analyses promptly and accurately in response to management requests.
• Provide for Business Continuity.
• Act as a backup to develop the weekly funding.
• Demonstrate independent thinking and decision making, willingness to look for red-flags and challenge issues.
• Act as back up for the accounts payable activities.
• Crosstrain within all areas of Treasury department, acting as a backup where segregation of duties allows.
• Perform special projects as assigned.

Experience and Education Requirements

• Bachelor’s degree in accounting or finance, or equivalent experience.
• 5 + years Treasury experience preferred in a high-volume banking environment (many banks and accounts).
• Experience with automated banking and cash management systems required, preferably FIS Integrity and eBAM.
• Insurance, Banking, or Financial Services experience preferred.