Financial/Treasury Analyst

United Leasing And Finance - Evansville, IN

Full-time - Entry Level

Evansville, IN

Rental and Leasing Services

About the position

The Financial/Treasury Analyst position at United Leasing & Finance is a non-supervisory role focused on providing essential administrative support for banking operations and cash management across all United Companies accounts. The analyst will be responsible for monitoring balances, overseeing cash management transactions, and ensuring that all treasury and cash management activities are executed accurately and efficiently. This role requires a proactive approach to developing and implementing quality improvement initiatives within the company and department, ensuring that all analyses, reconciliations, payments, and reporting are completed in a timely manner. In this position, the analyst will monitor cash balances across corporate and affiliate checking accounts to ensure compliance with minimum cash balance requirements and optimal cash usage. They will prepare recommendations for investments based on criteria established by senior management and track debt balances, including maturity and rollover dates. Daily recommendations on debt levels will be made based on various cash activities, and the analyst will develop processes to align debt borrowings with projected funding dates to minimize excess cash deposits and interest costs. Additionally, the analyst will create and maintain cash flow and forecasting models to enhance cash management efficiencies for the company and its affiliates. The role also involves assisting in the preparation of monthly bank collateral reporting and interest rate hedging analysis. The analyst will ensure that all checking account and loan statements are received and properly archived, while also distributing weekly interest rate updates to senior management. Monthly financial review reports summarizing debt balances, cash management, and investments will be prepared, along with various portfolio reports and analyses as needed. Furthermore, the analyst will support finance and accounting functions by preparing monthly interest rate accruals, coordinating with accounting for reconciliations, and assisting in the preparation of yearly budgets for interest expenses, income, and bank fees. The role requires a commitment to quality and customer service, participation in quality improvement processes, and ongoing professional development through training.

Responsibilities

• Monitor cash balances across all corporate and affiliate checking accounts to ensure minimum cash balance requirements and optimal cash usage.
• Prepare recommendations for investments based on investing criteria established by senior management.
• Monitor debt balances and track maturity/rollover dates.
• Make daily recommendations on debt levels determined by daily and projected originations, customer deposits, loan sweep activity, and other cash activities.
• Develop processes to align debt borrowings with projected funding dates to minimize excess cash deposits and interest costs.
• Develop and maintain cash flow/forecasting models to improve cash management efficiencies.
• Oversee timely interest and principal payments for all loans and intercompany borrowings.
• Assist in preparing monthly bank collateral reporting.
• Assist in monthly interest rate hedging analysis and forecasting.
• Ensure all checking account and loan statements are received and saved in shared company folder.
• Distribute weekly interest rate updates to senior management.
• Prepare monthly financial review reports summarizing debt balances, cash management, and investments.
• Prepare monthly, quarterly, and ad hoc portfolio reports and analysis as needed.
• Prepare monthly interest rate accruals for all United Companies loans.
• Coordinate with Accounting on the monthly reconciliation to the general ledger debt and cash management balances.
• Assist with preparation of the yearly interest expense, interest income, and bank fee budgets for all companies.
• Assist with the renewal and/or establishment of loans, credit lines, and cash management accounts through contract analysis.
• Assist other departments as it may relate to Corporate Finance or Accounting.
• Participate in and promote the established Quality Improvement Process (QIP) for continuous improvement.

Requirements

• Bachelor's degree in accounting, finance, economics, or a similar related field is minimally required.
• 0-2 years of accounting or financial analysis experience is preferred.
• 0-3 years of banking or treasury experience is preferred.
• Strong knowledge of economic indicators, financial markets, and accounting concepts.
• Working knowledge of Microsoft Office applications, particularly strong Microsoft Excel skills.
• Strong verbal and written communication skills.
• Ability to perform financial calculations and effectively multitask.
• Ability to quantify, use spreadsheets, and perform data manipulation to assist with business decisions.
• Maintain confidentiality.

Nice-to-haves

• Experience with financial analysis tools and software.
• Knowledge of cash management systems and practices.

Benefits

• Health savings account
• AD&D insurance
• Disability insurance
• Dental insurance
• Flexible spending account
• Paid time off
• Employee assistance program
• Vision insurance
• 401(k) matching
• Life and Accidental Death & Dismemberment Insurance
• Short- and Long-Term Disability Insurance
• Supplemental Voluntary Insurance Policies with options for Critical Illness, Hospital Indemnity, and Accidents
• Paid Time Off for Vacation, Sick, and Holidays