Treasury Specialist

At Kia, we’re creating award-winning products and redefining what value means in the automotive industry. It takes a special group of individuals to do what we do, and we do it together. Our culture is fast-paced, collaborative, and innovative. Our people thrive on thinking differently and challenging the status quo. We are creating something special here, a culture of learning and opportunity, where you can help Kia achieve big things and most importantly, feel passionate and connected to your work every day.

Kia provides team members with competitive benefits including premium paid medical, dental and vision coverage for you and your dependents, 401(k) plan matching of 100% up to 6% of the salary deferral, and paid time off. Kia also offers company lease and purchase programs, company-wide holiday shutdown, paid volunteer hours, and premium lifestyle amenities at our corporate campus in Irvine, California.

Status Exempt

The position will be responsible for Treasury Operations in supporting the Treasury Manager. Ensure accurate and timely analysis of daily reporting. Drive process improvement for treasury processes. Work with internal parties to ensure K-Sox compliance. Ability to continuously identify and apply process improvements that will be in line with company and financial institution standards. Serve as a subject matter expert (SME) of cash management activities (Wires, ACHs, controlled disbursements, tax payments, FX trades, cash positioning and pooling).

Priority One – 50% Treas ury responsibilities to include calculating a daily cash position, initiating internal and external transfers, ensuring compliance with investment policy, supporting banking relationships, and financial risk management.

Priority Two – 15% Support implementation of new bank technologies, products and services

Priority Three – 15% Reconciliation of accounts/programs

Priority Four – 15% Trade Finance

Priority Five – 5% Prepare journal entries

Day-to-Day Duties

• Prepare daily, weekly, and monthly reconciliations
• Compile and organize data for the purpose of producing reports and ad hoc analysis
• Provide reporting & analysis of program results against historical, budgeted, forecasted and actual expenses
• Support implementation of new bank technologies, products and services with various financial institutions
• Prepare the daily cash plan
• Manage Trade Finance transactions and covenant compliance
• Prepare payments for all payment methods, securing all required substantiating documents. Review of new bank information
• Prepare the monthly journal entries for all bank transactions in compliance with K-Sox
• Prepare a monthly analysis of bank service charges and confirms they are in accordance with agreements
• Assist with the preparation of monthly cash reports for internal/external use
• Maintains/creates treasury files to be used for cash planning
• Perform special projects and various research tasks as requested

• Bachelor’s degree in accounting or finance or equivalent work experience required

• 5+ years Treasury experience
• Finance experience preferred
• SAP or equivalent ERP experience required
• CTP Certification preferred

• Strong knowledge of using Microsoft Excel and working
• Knowledge of other Microsoft applications
• Must possess strong interpersonal skills
• Ideal candidate is driven by new challenges
• Well organized, strong team player and detail-oriented
• Physical Requirements:
  
  Prolonged periods of sitting or working at a computer
• Job demands may include reading (documents), detailed work, confidentiality, problem solving, language, reasoning skills, oral communication, written communication, customer contact, ability to effectively present information in one-on-one and small group situations to customers, vendors, and other employees, multiple concurrent tasks, ability to work with constant interruptions, etc.
• Independent judgment is required to establish financial assumptions to analyze financial data and create reports. Understanding of general business practices to help with analysis of data collected. All actions are subject to…