TREASURY ANALYST

Gerdau•Tampa, FL

About The Position

The Treasury Analyst II is responsible for supporting all aspects of Treasury Operations including cash management, debt management, insurance, and pension assets. This position reports to the Treasury Manager who reports directly to the Director of Finance. The role requires a solid foundation in corporate finance and valuation theory, with a practical and simple approach to implementation. The incumbent must be able to articulate complex topics simply and straightforwardly, develop contacts within the company for information gathering, and drive continuous improvement and automation of operational/regulatory tasks to eliminate waste, reduce errors, and save time, money, and resources.

Requirements

Bachelor’s degree in a related area such as business, finance or accounting.
3-5 years of relevant work experience.
High degree of professionalism required due to confidentiality of data involved with insurance claims, banking access and other responsibilities such M&A activity.

Nice To Haves

Master’s degree.
Additional years of education can be substituted for years of work experience (i.e., a master’s degree plus 2-4 years of relevant work experience).

Responsibilities

Developing, managing and executing Gerdau’s Cash Management process including the determination of investment or borrowing decisions through short-term forecasting.
Setting daily “cash position” by reviewing bank activity, balancing accounts and investing excess cash.
Ensuring all cash activity is accounted on the general ledger.
Managing wire payments.
Executing FX transactions as necessary.
Establishing new bank accounts and managing related documentation.
Ensuring adherence to all corporate policies related to cash and Treasury SOX internal controls.
Managing banking relationships and fees; approving all bank user access.
Managing the Company’s cash, short-term investments and lines of credit.
Creating cash forecasts that are used in the financial planning process and to anticipate short-term borrowing needs.
Assisting Treasury Manager in managing Company’s short and long-term financing needs.
Accounting for all debt related activity utilizing the Treasury module within SAP and manual journal entries.
Reconciliation of debt and interest balance sheet accounts, making interest payments and providing support for routine audit requests.
Performing detailed reconciliation of lease liabilities to ensure SOX compliance.
Responsible for the equipment leasing process and conducting buy versus lease analysis to assist the business in making financial decisions.
Assisting the Treasury Manager in building the Company’s insurance program to ensure adequate coverage at the lowest possible cost.
Managing insurance claim activity, tracking risk management metrics and reducing the total cost of risk.
Completing all insurance administration and compliance activities.
Working with insurance brokers to renew insurance policies annually.
Assisting Treasury Manager with asset management oversight, contributions, and fee payments.
Managing pension funded status by reviewing annual pension plan valuations, setting the funding strategy and making necessary contributions.
Negotiating collateral requirements for energy, insurance and environmental contracts.
Reviewing state and provincial regulations to minimize collateral requirements for environmental projects.
Working to reduce existing collateral requirements and costs where possible.
Communicating future collateral requirements to Treasury Manager to determine need for additional letters of credit, insurance or surety bond capacity.