Cash Management Analyst

PPG Industries

1d•Hybrid

About The Position

As a Cash Management Analyst, you will process and control wire disbursements to effectively monitor, utilize and account for our US and Canada cash balances. You'll maintain bank relations and bank accounts to meet our operating needs, including the opening and closing of bank accounts and the analysis of bank fees for the US and Canada region. You'll support Treasury in Treasury Stock Reconciliations, share repurchase campaigns, Letters of Credit, and Guarantees, and provide back up for US daily cash position. You'll work a hybrid work schedule from our Pittsburgh, PA headquarters and report to the North America Treasury Director.

Requirements

Bachelor's Degree in Finance or Accounting with 2+ years of related experience
Working knowledge of various ERP systems (Oracle, SAP), MS Excel
Thorough understanding of accounting concepts
Knowledge of the banking system and funds movement is advantageous

Responsibilities

Process and coordinate USCA wire transfers (USD and Fx), including execution and/or coordination with AP Shared Service Center.
Ensure bank accounts are funded for daily wire transactions
Monitor PPG Canada bank account balances/investing
Provide backup coverage for U.S. cash position setting, investing, and/or borrowing.
Work with bank officers and operational personnel to maintain bank accounts to meet PPG's operating needs and to resolve operational problems
Monitor bank balances, bank fee charges and earnings credit balances to ensure that PPG's cash is effectively utilized and that bank fee charges are appropriate.
Maintain records of bank account changes (open, close, signer updates, etc.) for Audit Testing
Prepare monthly journal entries to allocate fees to the appropriate business.
Responsible for several general ledger account reconciliations, including uploading the account reconciliations
Letters of Credit and Guarantees, including coordination with bank
Share Repurchase execution and accounting, Treasury Stock Management, and Capital Stock Memo
Complete annual bank reporting requirements
Coordinate Iron Mountain services