Senior Treasury Analyst

Madrigal Pharmaceuticals • Waltham, MA

2d

About The Position

Madrigal is a biopharmaceutical company focused on developing therapeutics for MASH. Reporting to the Associate Director, Treasury, the Senior Treasury Analyst will help optimize global liquidity, enhance treasury operations, and strengthen financial controls. The role supports a multi-entity, multi-currency environment and works with FP&A, Accounting, Tax, Legal, Internal Audit, business teams, and banking partners. It contributes to scalable treasury processes, financial and foreign currency risk management, governance, and the accounting integrity of treasury activities.

The position oversees cash positioning, liquidity forecasting, banking operations, foreign exchange risk and hedging support, excess cash and investment reporting, treasury analytics, and controls and compliance. It also supports treasury technology initiatives and coordinates treasury-related close activities and reconciliations. The position requires a minimum of three days in the office each week.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.
• 4–6 years of corporate treasury experience, including domestic and international treasury operations, liquidity management, and foreign exchange risk management.
• Experience with cash positioning, cash forecasting, and bank account administration.
• Strong analytical, financial modeling, and problem-solving skills.
• Advanced Excel skills and experience working with large data sets.
• Experience with ERP, TMS, banking platforms, or treasury reporting tools.
• Strong controls mindset, attention to detail, and ability to manage competing priorities.
• Excellent communication skills and ability to partner with FP&A, Accounting, Tax, Legal, banks, and business stakeholders.
• Minimum requirement of three days in the office each week.

Nice To Haves

• Experience supporting FX hedging programs, including exposure analysis, trade execution, settlement, and reporting.
• Experience with investment reporting, excess cash analysis, or investment policy compliance.
• Experience working at a fast-paced global public company in a high-growth environment.
• Experience with TMS implementation, enhancement, or administration.
• Experience supporting internal or external audits and treasury control testing.
• Treasury-related certification, such as CTP, is a plus but not required.

Responsibilities

• Own daily cash positioning and consolidated liquidity visibility across domestic and international bank accounts.
• Develop and maintain short- and long-term cash forecasts with FP&A, Accounting, and business teams.
• Reconcile actual bank flows and cash activity against forecasts, investigate material variances, and identify ways to improve forecast accuracy.
• Monitor liquidity requirements and recommend actions to optimize cash utilization, funding, and investment decisions.
• Support working capital analysis and efficient allocation of funds across entities and accounts.
• Manage global bank account administration, including account openings, closings, and structure optimization.
• Assist with banking relationships, bank fee analysis, and service optimization.
• Administer banking portals, user access, payment controls, and bank signatory records; coordinate KYC documentation and banking compliance.
• Execute and coordinate wire and electronic payments, cash transfers, intercompany funding and settlements, and cash pooling.
• Investigate and resolve banking and payment exceptions with internal teams and banking partners.
• Monitor foreign exchange exposures across forecasted transactions, balance sheet positions, intercompany activity, and multi-currency cash flows.
• Support Treasury-approved FX hedging strategies, including exposure analysis, hedge trade preparation, counterparty coordination, settlement, and performance reporting.
• Prepare FX reporting and analysis covering exposures, FX gains and losses, hedge results, and program performance.
• Partner with Accounting on FX close activities, hedge documentation, and hedge accounting support.
• Analyze excess cash and support investment decisions in line with liquidity needs, risk appetite, and investment policy.
• Prepare recurring investment and liquidity reporting; monitor counterparty exposure and investment policy compliance; support investment accounting and reconciliations.
• Develop and maintain treasury dashboards and management reporting for liquidity, FX exposure, investments, and key performance indicators.
• Build and enhance financial models for forecasting, decision support, and treasury planning.
• Identify and implement process improvements and automation opportunities for treasury workflows and reporting.
• Support treasury technology initiatives, including ERP and banking integrations, system enhancements, and data quality and reporting improvements.
• Support enhancements to treasury controls, policies, and procedures by identifying gaps and coordinating corrective actions.
• Support SOX compliance, including control execution, testing, and audit responses.
• Ensure treasury activities align with company policies, approval authorities, and regulatory requirements.
• Partner with FP&A, Accounting, Tax, Legal, and business teams on forecasting, funding, financial close, and Treasury initiatives.
• Coordinate treasury close activities, cash and balance sheet reconciliations, journal entries, and variance analysis with Accounting.

Benefits

• Equity for all employees.
• Comprehensive benefits for full-time employees, including flexible paid time off, medical, dental, vision, and life/disability insurance.
• 401(k) offerings, including traditional and Roth plans and an employer match.
• Voluntary benefits, including supplemental life insurance and legal services.
• Mental health benefits through the Employee Assistance Program for employees and their family.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior