Treasury Analyst

Job Description

Job Description - Treasury Analyst (17844)

About Us:

AAR Corp. (NYSE: AIR) is a global aerospace and defense aftermarket solutions company that employs more than 6,000 people across over 60 sites in over 20 countries. Headquartered in the Chicago, Illinois area, AAR supports commercial and government customers in more than 100 countries through four operating segments:
Parts Supply, Integrated Solutions, Repair and Engineering and Expeditionary Services. AAR’s purpose is to empower people to build innovative aerospace solutions today so you can safely reach your destination tomorrow. The company’s mission is to go above and beyond to provide value-driven aerospace aftermarket solutions to meet the evolving needs of our customers worldwide. AAR constantly searches for the right thing to do for its customers, employees, partners and for society.

Treasury Analyst - 17844

This role reports to the Director of Treasury and plays a key role in managing global treasury operations, including cash and liquidity management, receipts and disbursements, outgoing disbursements, financial cash reporting, reconciliations, bank account management, borrowings/investments, and banking relationships. The ideal candidate will be passionate about process improvement and automation and will contribute to the efficiency and accuracy of our treasury functions.

• Manages daily cash positioning which includes disbursements, receipts, reconciliations, positive pay exceptions and balancing
• Prepares and manages daily, weekly, and monthly reports on our global cash position
• Monitors and analyzes the Company’s daily cash position to cover cash commitments and coordinates daily cash borrowing/investments
• Input, review, approve and/or release electronic disbursements such as ACHs and wires
• Develop and support Treasury policies, procedures and controls
• Monitor and oversee bank account services and signatories including bank account administration for opening, migrating, closing of bank accounts and KYC requirements
• Serve as a primary administrator for online banking/financial platforms ensuring users have the appropriate access
• Troubleshoot daily transactions issue and recommend process improvements
• Prepare, review and maintain SOX compliance within the department, ensure proper controls over cash receipts, disbursements and general

• Arranges foreign currency funding based on cash positioning needs
• Apply incoming receipts to the appropriate customer and/or general ledger and one-off applications daily
• Manage and administer our P-card, T/E Card and Credit Card programs
• Adhere to month-end cut-off pertaining to Treasury schedules for reconciliations of all cash related accounts, month end processes and related journal entries
• Assist in submitting and executing letters of credit, performance guarantees, bank guarantees and similar instruments based on business unit needs
• Coordinates with bank personnel on all cash management matters while building positive banking relationships
• Assists with debt and related interest expense/payments, debt compliance and other projects when needed
• Act as a Treasury liaison with the business units, AP and AR operations in handling all banking matters and inquires
• Support/collaborate with corporate accounting, corporate tax, financial planning, internal audit and other functions as they relate to Treasury
• Lead and support treasury-related process improvement and automation initiatives

All other duties as assigned

• Bachelor of Arts degree (B.A.) or Bachelor of Science degree (B.S.) from four-year college or university; or eight years related experience and/or training; or equivalent combination of education and experience.
• 3 years of broad cash management and Treasury responsibilities in a large or mid-size public corporation.
• Outstanding communication skills, particularly with bank officials and senior company personnel
• CTP preferred

• Competitive salary and bonus package
• Comprehensive benefits package including medical, dental, and vision coverage.
• 401(k) retirement plan with company match
• Generous paid time off program
• Professional development and career…