Sr Treasury Analyst | Troy, MI; Hybrid

Two Days a Week Required to Work Onsite at Our Troy Office About Our Team

Our Treasury group is a small, highly skilled team within Finance. We value continuous learning, operational excellence, and a proactive approach to improving treasury processes. Candidates joining this team will contribute to a focused, collaborative environment committed to accuracy, accountability, and ongoing innovation in cash management and treasury operations.

The Senior Treasury Analyst reports to the Manager of Treasury Operations, assisting with oversight responsibilities for cash and treasury operations, short-term borrowing, payments, cash forecasting, working capital management and optimization, and compliance. The analyst evaluates products, services, technologies and systems that are available and appropriate to support a sophisticated treasury operation. They develop and implement treasury processes and procedures, as well as internal controls to safeguard cash and optimize working capital.

The role requires continual updating of knowledge of cash management and treasury-related functions.

• Performs daily System-wide cash management and forecasting activities.
• Monitors and manages System-wide daily cash position.
• Prepare forecasts for daily, weekly, monthly, and quarterly cash requirements.
• Performs actual to forecast variance analysis.
• Administrate daily liquidity and investment activities.
• Analyzes bank fees and earnings credit rate, prepares annual bank fee budget and analyzes actual to budget variances.
• Opens and closes bank accounts, maintains signature card file and assists Manager Treasury Operations in implementing new bank products and services.
• Assists Manager Treasury Operations with working capital optimization and supports working capital council.
• Platform administrator for internal and external treasury and bank technologies.
• Reports on third party risk.
• Manage and maintain wallet share reporting across all banking relationships.
• Evaluate opportunities for and implements improvements to current cash management processes.
• Supports research and analysis of products and services to optimize cash and working capital.

• Prepare debt payments.
• Monitor compliance with debt covenants resulting from bond indentures and other credit agreements.
• Support the issuance of new debt obligations and retention of other credit facilities as directed by Manager Treasury Operations.
• Prepares annual interest expense budget.
• Supports balance sheet and capital structure analysis for M&A activity.

• Maintains a culture of quality, continuous improvement and exceptional service.
• Demonstrates the highest professional ethics when dealing with confidential information.
• Ensure compliance with policies and procedures for Treasury Services.
• Assist the Manager Treasury Operations with other treasury related projects as needed.

• Bachelor’s Degree, finance or accounting required;
  Master’s Degree preferred. CTP and/or CPA preferred.
• Minimum of four to six (4-6) years of experience in treasury management or a related field (e.g. corporate finance, budgeting, forecasting, cash flow analysis, etc.).
• Strong analytical skills, attention to detail, and proficiency with computer applications including Excel, Word, and Power Point required.
• Project Management experience.
• Ability to promote improvement and bring an acute skill set for detailed financial analysis to better meet the needs of internal and external customers.
• Must be self-motivating, intuitive, organized and precise.
• Ability to communicate effectively both written and orally, relay ideas to management, and work in small treasury team environment necessary for job.
• A desire to cross train to provide back up to other treasury functions as needed.
• Knowledge of financial statements and variables that have positive/negative impact on financial performance is important.

• Organization:
  Corporate Services
• Department:
  Treasury
• Shift: Day Job
• Union Code:
  Not Applicable