Treasury Analyst

AAR•Wood Dale, IL

42d•$65,000 - $80,000•Onsite

About The Position

This role reports to the Director of Treasury and plays a key role in managing global treasury operations, including cash and liquidity management, receipts and disbursements, outgoing disbursements, financial cash reporting, reconciliations, bank account management, borrowings/investments, and banking relationships. The ideal candidate will be passionate about process improvement and automation and will contribute to the efficiency and accuracy of our treasury functions.

Requirements

Bachelor of Arts degree (B.A.) or Bachelor of Science degree (B.S.) from four-year college or university; or eight years related experience and/or training; or equivalent combination of education and experience.
3 years of broad cash management and Treasury responsibilities in a large or mid-size public corporation.
Outstanding communication skills, particularly with bank officials and senior company personnel
Strong Excel background

Nice To Haves

CTP preferred

Responsibilities

Manages daily cash positioning which includes disbursements, receipts, reconciliations, positive pay exceptions and balancing
Prepares and manages daily, weekly, and monthly reports on our global cash position
Monitors and analyzes the Company's daily cash position to cover cash commitments and coordinates daily cash borrowing/investments
Input, review, approve and/or release electronic disbursements such as ACHs and wires
Develop and support Treasury policies, procedures and controls
Monitor and oversee bank account services and signatories including bank account administration for opening, migrating, closing of bank accounts and KYC requirements
Serve as a primary administrator for online banking/financial platforms ensuring users have the appropriate access
Troubleshoot daily transactions issue and recommend process improvements
Prepare, review and maintain SOX compliance within the department, ensure proper controls over cash receipts, disbursements and general Treasury activities
Arranges foreign currency funding based on cash positioning needs
Apply incoming receipts to the appropriate customer and/or general ledger and one-off applications daily
Manage and administer our P-card, T/E Card and Credit Card programs
Adhere to month-end cut-off pertaining to Treasury schedules for reconciliations of all cash related accounts, month end processes and related journal entries
Assist in submitting and executing letters of credit, performance guarantees, bank guarantees and similar instruments based on business unit needs
Coordinates with bank personnel on all cash management matters while building positive banking relationships
Assists with debt and related interest expense/payments, debt compliance and other projects when needed
Act as a Treasury liaison with the business units, AP and AR operations in handling all banking matters and inquires
Support/collaborate with corporate accounting, corporate tax, financial planning, internal audit and other functions as they relate to Treasury
Lead and support treasury-related process improvement and automation initiatives
All other duties as assigned