Treasury Analyst

Overview

Treasury Analyst, Geneva, IL or Pella, Iowa (hybrid). The Treasury Analyst will support all aspects of the Treasury Department activities for Pella Corporation. This includes performing daily cash planning and transactions, coordinating borrowing and investing activities, preparing cash forecasts, administrating on-line bank access and controls, maintaining up-to-date bank account records, and ensuring compliance with treasury policies. The position requires close collaboration with the Treasurer and the financial management teams at all divisions and subsidiaries of Pella Corporation as well as external banking entities.

• Direct daily cash management to identify, track, and plan for cash flows for all divisions and subsidiaries, with the goal of minimizing idle funds and optimizing the investment position or reducing borrowing where appropriate.
• Coordinate monthly Investment & Cash Forecast meetings to review and reconcile the previous month’s cash forecast against actuals, Pella’s investment portfolio, yields, year-over-year cash balance comparisons, and the forecast for the next month.
• Publish a weekly Investment & Borrowing report that summarizes investments and credit facility borrowings.
• Establish and maintain an efficient banking structure that supports corporate cash management goals.
• Develop and maintain effective banking relationships.
• Serve as System Administrator for on-line banking services and manage access privileges to enable users while maintaining appropriate system controls, including quarterly access reviews.
• Maintain a complete list of all bank accounts with current authorized signers.
• Work with banks and divisions or subsidiaries to add or delete bank accounts as needed for acquisitions or banking changes.
• Review bank analysis fees for all accounts to ensure accurate billing and identify opportunities to reduce costs while balancing reporting efficiency.
• Participate in the development and communication of Treasury policies and procedures; ensure compliance and update policies as needed to reflect improved practices or processes.
• Collaborate with the benefits team on flexible spending account processes and reconciliations; review journal entries to ensure accurate FSA activity; track each year separately to manage forfeited funds as directed.
• Prepare quarterly bank compliance reporting in a timely manner and support debt capacity planning as needed.
• Support month-end and year-end closes, audits, and internal control reviews as required.
• Prepare the Annual and Quarterly U.S. Government Census Reporting requirements and coordinate with divisions to provide accurate information; act as liaison between Pella Corporation and the Census Bureau for census requests.
• Oversee petty cash reimbursements and activity at all sites to ensure policy compliance.
• Complete month-end journal entries as needed for bank fees and miscellaneous cash transactions and ensure general ledger accounts reconcile to bank statements and investment reports.
• Complete the budget for the upcoming year on Treasury-related accounts and review/update during quarterly forecast process.
• Support corporate insurance, bonding, and PDSN reporting activities as needed.
• Participate in other projects and support other functions as business demands require.

Bachelor's degree in Accounting or a related field from a four-year college or university. Two or more years of work experience in general accounting, treasury, or banking preferred. Candidate may be considered with an equivalent combination of education and experience.

Excellent interpersonal skills with the ability to maintain confidentiality, work independently, multi-task, manage competing deadlines, and exercise good judgment. Strong organizational, critical thinking, and customer service skills are required.

Excellent communication skills, both written and verbal. Ability to present information effectively and respond to questions from internal customers, management, vendors, and banking partners.

Strong mathematical and analytical abilities with the capacity to design and analyze financial reports.

Strong computer skills, including proficiency in internet banking programs and Microsoft Excel, Word, and PowerPoint.