Treasury Analyst

Akumin Inc.•Fort Lauderdale, FL

63d•Remote

About The Position

The Treasury Analyst serves as liaison between banks, lenders and the company, including managing debt and lease arrangements. Manages and monitors daily cash management and forecasting. Reports on cash operation activities and short term investing. Specific duties include, but are not limited to: Performs cash forecasting daily and monthly. Summarizes and reconciles each month's cash activity in order to provide accurate and timely information. Provides management with current month-to-date and year-to-date cash flow information. Serves as liaison between banks, lenders and other internal departments (i.e. Accounting, Wholesale, Retail, Fleet, Finance) for the purpose of problem solving, coordination of information, or on any other matter requiring assistance as related to cash management. Manages debt and lease arrangements, including updating/maintaining debt and lease schedules and ensuring timely payments, as appropriate. Consolidates information from departments for cash forecasting and various reports. Reviews invoices for payment. Establishes and manages bank relationships, including opening/closing bank accounts as appropriate, maintaining signatory requirements and related documentation. Directs opening of lockboxes and related documentation. Monitors lockbox receipts & lockbox payment information through review of transactions. Determines amount of funds to transfer between accounts. Performs daily cash activities and prepares cash position report. Records and reviews documentation for daily cash transactions. Prepares wire transfer requests and initiates wires. Analyzes and verifies bank analysis charges. Prepares and posts month-end closing entries for cash and debt facilities, and maintains debt schedules. Responds to requests and questions from other the company's departments concerning check activity, stop payments, cancel stop payments and check inquiries. Recommends debt paydown amount based upon projected available excess cash. Prepares and calculates interest accruals for debt and swaps/collars. Other duties as assigned

Requirements

Bachelor's Degree in Finance, Accounting, or Business.
1 - 3 years of experience

Nice To Haves

Experience with ERP system such as Microsoft Dynamics, Great Plains and Management Reporter.
Strong Excel skills with volume of data manipulation.
Experience with debt and lease agreements and managing relationships with lenders.
Treasury management experience, including managing large numbers of bank accounts.
Experience with treasury reporting platform/tools.

Responsibilities

Performs cash forecasting daily and monthly.
Summarizes and reconciles each month's cash activity in order to provide accurate and timely information.
Provides management with current month-to-date and year-to-date cash flow information.
Serves as liaison between banks, lenders and other internal departments (i.e. Accounting, Wholesale, Retail, Fleet, Finance) for the purpose of problem solving, coordination of information, or on any other matter requiring assistance as related to cash management.
Manages debt and lease arrangements, including updating/maintaining debt and lease schedules and ensuring timely payments, as appropriate.
Consolidates information from departments for cash forecasting and various reports.
Reviews invoices for payment.
Establishes and manages bank relationships, including opening/closing bank accounts as appropriate, maintaining signatory requirements and related documentation.
Directs opening of lockboxes and related documentation.
Monitors lockbox receipts & lockbox payment information through review of transactions.
Determines amount of funds to transfer between accounts.
Performs daily cash activities and prepares cash position report.
Records and reviews documentation for daily cash transactions.
Prepares wire transfer requests and initiates wires.
Analyzes and verifies bank analysis charges.
Prepares and posts month-end closing entries for cash and debt facilities, and maintains debt schedules.
Responds to requests and questions from other the company's departments concerning check activity, stop payments, cancel stop payments and check inquiries.
Recommends debt paydown amount based upon projected available excess cash.
Prepares and calculates interest accruals for debt and swaps/collars.
Other duties as assigned