Treasury Analyst

Standex • Salem, NH

4d

About The Position

The Treasury Analyst will support the VP of Finance with all aspects of treasury-related activities. Duties involved include the Daily Cash Management function for Standex International and supporting the accounting functions related to cash. This person will also be involved in International Treasury, coordinating the movements of cash between foreign subsidiaries and to and from the US under the direction of the VP of Finance.

Requirements

• Bachelor's degree in accounting or Related Field
• Minimum 2 years of related hands-on experience in a multi-national, multi-currency corporate environment.
• Demonstrated knowledge of common treasury practices such as ACH, domestic and international wire transfers, and both domestic and international banking documentation. Knowledge of commonly-used accounting practices and procedures within the accounting field (including GAAP).
• High-level math skills, financial analysis skills, and problem-solving capabilities.
• Strong computer skills, including MS Excel.
• Comprehensive understanding of accounting.

Nice To Haves

• Knowledge of Epicor ERP is a plus.

Responsibilities

• Execute daily movement of cash amongst various North American bank accounts at multiple institutions in order to set the company’s North American liquidity position each day. Position will be responsible for the initial movement of upwards of $10 million using any combination of automatic transfers, domestic and international wires, and ACH movements. Complete accuracy and attention to detail must be of paramount importance.
• Work with multiple currencies in various jurisdictions around the world. Coordinate the movements of money with the tax department in order to ensure there is no tax consequence
• Assist in preparing cash forecasts and daily cash management reports, including cash positioning and investing, in order to effectively manage the daily liquidity strategy.
• Responds to related Divisional, Corporate, and other outside agency inquiries, including internal and external auditors. Interface with bank contacts for problem resolution. Ensures compliance with established internal control procedures surrounding cash management.
• Responsible for compiling amounts owed from internal subsidiaries, preparing invoices, and recording transactions related to those amounts due. Maintains all receipt and disbursement reports for transactions with internal customers.
• Perform daily accounting activities such as preparation of various journal entries. Performs monthly, quarterly, or as required reconciliations within the boundaries of strong internal controls. Responsibilities also include analyzing trends, costs, revenues, financial commitments, and obligations incurred.
• Support and maintain documentation related to outstanding borrowings against the company’s $825 million revolving credit facility and any standby letters of credit drawn against the facility.
• Will interface with a variety of banks, including both domestic and foreign.
• Oversee payment processes in Shared Services.

What This Job Offers

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