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Key Responsibilities and Required Skills for Treasury & Payment Analyst

💰 $ - $

FinanceAccountingTreasury

🎯 Role Definition

We're looking for a sharp and meticulous Treasury & Payment Analyst to join our finance team. This isn't just a number-crunching job; you'll be the guardian of our company's cash and a critical player in our daily financial operations. You'll be the go-to person for everything from daily cash positioning to executing multi-million dollar transactions and managing our vital banking relationships. This role is perfect for someone who loves to be in the details, thrives on accuracy, and wants to see the direct impact of their work on the company's bottom line and operational health. You'll be at the heart of the action, ensuring our financial engine runs smoothly and securely.

📈 Career Progression

Typical Career Path

Entry Point From:

  • Accounts Payable / Receivable Specialist
  • Staff Accountant
  • Junior Financial Analyst

Advancement To:

  • Senior Treasury Analyst
  • Treasury Manager
  • Assistant Treasurer

Lateral Moves:

  • Financial Planning & Analysis (FP&A) Analyst
  • Corporate Finance Analyst

Core Responsibilities

Primary Functions

  • Manage and analyze the company's daily cash position, ensuring sufficient liquidity for operational needs across multiple entities and currencies.
  • Prepare and consolidate short-term and long-term cash flow forecasts by collaborating with various business units to understand cash drivers and improve forecast accuracy.
  • Execute all daily electronic payments with precision, including domestic and international wires, ACH transactions, and foreign exchange settlements.
  • Act as a primary administrator for all corporate bank accounts, managing the opening, closing, and modification of accounts and maintaining authorized signatory lists.
  • Diligently monitor and reconcile cash transactions and bank account activities, promptly investigating and resolving any discrepancies to ensure the integrity of financial records.
  • Serve as a key point of contact for our banking partners, fostering strong relationships to resolve operational issues and support business needs.
  • Conduct detailed analysis of bank fees and account structures, identifying opportunities for cost savings and service enhancements.
  • Support the execution of the company's foreign exchange (FX) risk management strategy, including spot trades and hedging transactions.
  • Administer and support various treasury instruments, such as letters of credit, bank guarantees, and surety bonds, from application to issuance and reporting.
  • Prepare detailed treasury reports for senior management, providing clear insights into liquidity, cash flow trends, and financial risk exposures.
  • Ensure strict compliance with all internal treasury policies, procedures, and SOX controls to safeguard company assets and maintain a strong control environment.
  • Drive the settlement of intercompany transactions and funding requirements, ensuring efficient capital allocation across the organization.
  • Support the management of the company's corporate credit card and purchasing card programs, including monitoring, reporting, and policy compliance.
  • Assist in the administration of the company's debt facilities, including interest and principal payments, compliance reporting, and covenant monitoring.
  • Play an active role in the implementation and optimization of Treasury Management Systems (TMS) and other financial technologies to enhance efficiency and controls.

Secondary Functions

  • Assist with both internal and external audit requests by providing necessary documentation and explanations for treasury-related activities.
  • Actively participate in cross-functional projects that have a treasury or cash management component, providing subject matter expertise.
  • Proactively identify and recommend process improvements within the treasury function to increase automation, reduce risk, and enhance efficiency.
  • Develop and maintain comprehensive documentation for all treasury processes, ensuring business continuity and consistency.
  • Support ad-hoc analytical requests from the finance leadership team to aid in strategic decision-making and special projects.

Required Skills & Competencies

Hard Skills (Technical)

  • Cash Management Expertise: Deep understanding of daily cash positioning, liquidity management, and various cash concentration techniques (e.g., pooling, sweeping).
  • Payment Systems Proficiency: Hands-on experience with various banking portals and payment networks, including SWIFT, Fedwire, and ACH.
  • Advanced Microsoft Excel: Mastery of Excel for data analysis, including complex formulas, pivot tables, lookups, and the ability to build and maintain financial models for cash forecasting.
  • Treasury Management Systems (TMS): Experience working with a TMS (like Kyriba, SAP S/4HANA Cash Management, or FIS Integrity) for transaction execution and reporting.
  • Financial & Accounting Acumen: Solid understanding of fundamental accounting principles (GAAP/IFRS) and how treasury transactions impact the financial statements.
  • Foreign Exchange (FX) Knowledge: Familiarity with foreign exchange markets, including spot transactions and the basics of hedging instruments.

Soft Skills

  • Extreme Attention to Detail: An exceptional ability to maintain accuracy and precision while handling high-volume, high-value financial transactions and data.
  • Analytical & Problem-Solving Mindset: The skill to dissect complex financial information, identify discrepancies, and methodically resolve payment or reconciliation issues.
  • Superior Communication: Clear and professional communication skills, with the confidence to liaise effectively with banking partners, internal stakeholders, and senior management.
  • Strong Organizational Skills: The ability to manage multiple competing priorities, meet tight deadlines, and work effectively in a fast-paced environment without sacrificing quality.

Education & Experience

Educational Background

Minimum Education:

  • Bachelor's Degree

Preferred Education:

  • Master’s Degree in a related field or a professional certification such as Certified Treasury Professional (CTP) or Chartered Financial Analyst (CFA).

Relevant Fields of Study:

  • Finance
  • Accounting
  • Economics
  • Business Administration

Experience Requirements

Typical Experience Range:

  • 2-5 years of direct experience in a corporate treasury department, cash management role at a bank, or a closely related finance function.

Preferred:

  • Experience in a global or multi-entity organization is highly desirable.
  • Proven track record of successfully working with a Treasury Management System (TMS) and various online banking platforms.
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