As a Treasury and Credit Analyst, your main responsibilities include balancing daily cash and allocating funds within the cash pool, initiating and processing both scheduled and off-cycle payments, and conducting timely credit reviews for new customer applications. Additionally, you will complete quarterly declarations for trade credit insurance, generate and provide management with scheduled and ad-hoc reports, and offer support and backup for various functions.
Key Responsibilities
Treasury Support
Complete twice daily cash balancing activity and prepare daily cash position report of all incoming and outgoing cashflow
Generate the daily/weekly/monthly cash reports for management review
Monitor incoming/outgoing payments and ensure cash availability for working capital purposes for all NA entities in corresponding bank accounts
Process all requests for outgoing electronic payments after appropriate approval, both scheduled and off-cycle
Create/modify ACH/Wire templates for approval.
Generate and distribute payment confirmation detail
Review and action exception items including ACH Positive Pay and distribution of returned payments detail
Review/recommend transfer amounts for repatriation of excess cash daily/as needed
Prepare payment forms for distribution of cash pool funds and load payments into the bank system
Verify banking transactions and investigate/resolve any discrepancies
Complete remote check deposits daily or as needed, and distribute support documentation as applicable
Generate and load prior week actual activity into Taiga forecasting system, along with associated variance reporting
Setup/modify banks in SAP for management review/approval
Maintain security and confidentiality of financial records and Treasury related activities/transactions
Provide assistance to Cash Supervisor on various special projects
Perform other Treasury duties as assigned
Trade Finance Support
Perform timely credit reviews for new customer applications as established by company policy and assign credit limits as applicable
Obtain third party credit reporting data via provider platforms for department use and for internal stakeholder requests
Apply for and obtain trade credit insurance decisions on selected customers as needed
Complete buyer reviews as requested by trade credit insurance provider
Communicate timely with internal and external stakeholders related to credit applications, credit reviews, and trade credit insurance information
Maintain customer credit information via internal relational database program
Review and complete third-party trade reference requests
Generate and distribute monthly credit dashboard information to designated stakeholders
Complete the quarterly trade credit insurance declarations process for review with the department manager
Compile the quarterly ROCC (Regional Operational Credit Committee) presentation for internal stakeholders
Perform updates to the Credit Management procedures manual
Execute customer master data additions/updates
Other Trade Finance duties as assigned
#LI-KW3, #LI-Onsite
Skills
Capable of working independently with minimal supervision.
Excellent written and verbal communication abilities.
Highly detail-oriented with strong analytical skills.
Proficient in presentation and organization.
Advanced skills in Excel, Word, and databases, with experience using finance tools.
Strong cash management and financial acumen.
Intermediate negotiation skills.
Experience with ERPs, preferably SAP.
Customer service oriented.
Education/Experience:
Bachelor's Degree in Finance, Accounting, or Business Administration.
Certified Treasury Professional designation is preferred but not required.
Background in Treasury Operations with experience in cash management.
Experience in credit and risk management, particularly in Trade Credit.
Familiarity with Treasury Workstations and Bank Systems.