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Bank Treasury Cash Management Analyst
SolomonEdwards - Greenwich, CT
posted about 2 months ago
About the position
The Bank Treasury Cash Management Analyst position at SolomonEdwards involves monitoring and managing cash positions, ensuring liquidity, and coordinating with internal teams and financial institutions. This role is crucial for maintaining optimal cash levels, executing banking transactions, and preparing treasury reports. The analyst will also support risk management strategies and ensure compliance with policies and regulations, contributing to the overall financial strategy of the organization.
Responsibilities
- Monitor daily cash positions and reconcile discrepancies.
- Ensure optimal levels of cash are maintained across accounts.
- Coordinate with internal teams to forecast cash flow needs and ensure liquidity.
- Manage relationships with banks and other financial institutions.
- Ensure timely execution of wire transfers, payments, and other banking transactions.
- Open, maintain, and close bank accounts as needed.
- Prepare daily, weekly, and monthly treasury reports including cash flow, liquidity positions, and debt reports.
- Ensure accurate and timely reporting of treasury metrics.
- Assist with month-end, quarter-end, and year-end financial close processes.
- Assist in managing foreign exchange (FX), interest rate risks, and commodity risk exposures.
- Support hedging strategies and execution of derivative transactions, if necessary.
- Ensure all treasury operations comply with internal policies, external regulations, and audit requirements.
- Assist in the development and maintenance of treasury policies and procedures.
- Utilize treasury management systems for cash management, liquidity planning, and risk analysis.
- Collaborate with IT and finance teams to maintain and enhance treasury systems.
- Monitor and manage the company's debt levels, interest payments, and ensure timely payments.
- Support investment decisions and manage short-term investments.
- Identify opportunities for improving treasury operations efficiency.
- Automate manual processes and enhance reporting and analysis tools.
Requirements
- Bachelor's degree in Finance, Accounting, or a related field is required.
- 1-3 years in treasury, finance, or accounting roles is required.
- Certified Treasury Professional (CTP) Certification is preferred.
- Chartered Financial Analyst (CFA) Certification is preferred.
- Strong knowledge of financial instruments (cash, debt, derivatives, FX, etc.).
- Familiarity with Treasury Management Systems (TMS) and financial software (e.g., SAP, Kyriba).
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- High attention to detail and ability to manage multiple priorities.
Nice-to-haves
- Experience with treasury management systems and financial software.
- Advanced analytical skills for financial strategy support.
Benefits
- Health insurance
- Sick leave
- 401(k)
- Access to top-tier employers and job opportunities
