Treasury Analyst II

Duravent Group•Grand Rapids, MI

4d•Hybrid

About The Position

The Duravent Group, a climate technology leader with over 100 years of expertise in the venting and air control industries, is seeking a junior to mid-career level Treasury Analyst. This role will support the Treasury Director in managing the group’s liquidity by monitoring cash inflows and outflows. The position is full-time, Monday-Friday, and based at the Kentwood, MI innovation center, requiring at least 2 days per week in-person.

Requirements

Bachelor’s degree in finance, accounting or related field
4+ years of professional experience in treasury/cash management
Capable of utilizing formulas, pivot tables, and other functions within Microsoft Excel to appropriately manage data
Authorized for work within the U.S. without requiring visa sponsorship

Nice To Haves

Some previous hands-on experience in treasury cash management
Eager to learn from our experienced team and grow within the field

Responsibilities

Update cash position of each bank account for previous day activity
Formulate daily cash flow analysis and provide executive summary
Investigate unexpected or unknown transactions
Update actuals for prior week and provide explanations for variance vs. prior week forecast
Update forecast weeks for 13-week outlook with focus on current week to understand free cash flow generation/use and expected net debt position
Update indirect cash forecast model at conclusion of month with actuals
Update indirect cash forecast model periodically as new P&L forecast/outlooks/budget become available
Look for ways to improve accuracy of indirect cash forecast, simplify model and increase visual appeal
Update PowerPoint slides for key metrics, analysis of cash flow variances, trends in interest expense and performance of working capital for monthly business review presentations
Coordinate with other finance leaders to update commentary on PowerPoint slides
Prepare interest expense roll forward and accrual recommendation to accounting at month-end
Make recommendations on debt drawdowns or paydowns
Execute scheduled principal and interest payments
Run quarterly covenant compliance process for submission to lenders
Assist in quantifying exposures through updating exposure workbook for corporate risk management
Work with insurance brokers to document policies, submit claims and maintain current certificates of insurance (COI’s)
Monitor for effectiveness of existing interest rate hedges and make recommendations for additional hedges
Review interest rate hedging for adherence to interest rate risk management policy
Update FX Rates for EOM each month and send to distribution list
Monitor for effectiveness of existing FX hedges and make recommendations for additional hedges
Review FX hedging for adherence to interest rate risk management policy
Leverage AI platform to automate replicable tasks
Initiate EFT payments (ACH/Wires)
Manage users and entitlements in Bank Portals