Treasury Analyst

Overview

Treasury Analyst Geneva, IL or Pella, Iowa

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. To accomplish these duties the Treasury Analyst will work very closely with the Treasurer and the financial management at all Divisions and Subsidiaries of Pella Corporation as well as external banking entities.

Responsibilities

• Direct daily cash management to identify, track, and plan for the various cash flows for all divisions and subsidiaries of Pella Corporation. The goal is to minimize idle dollars sitting in bank accounts and to maximize Pellas investment position or minimize borrowing balances.
• Coordinate monthly Investment & Cash Forecast meeting that reviews and reconciles the previous months cash forecast versus actual, Pellas investment portfolio, investment yields, cash balance year-over-year comparison and the cash forecast for the next month.
• Publish weekly Investment & Borrowing report that summarizes investments and credit facility borrowings.
• Establish and maintain 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 the appropriate system controls. This includes completing formal quarterly reviews that confirm access versus proposed guidelines.
• Maintain complete list of all bank accounts with current authorized signers.
• Work directly with banks and divisions or subsidiaries to add or delete bank accounts as needed for new acquisitions or banking changes.
• Review bank analysis fees for all accounts to ensure accurate billing and identify opportunities to reduce costs while balancing efficiency of bank reporting needs.
• Participate in the development and communication of Treasury policies and procedures. Responsible for ensuring compliance and updating policies as needed to reflect improved practices or processes.
• Work closely with the benefits team on flexible spending account processes and account reconciliations. Review journal entries prior to submission to ensure reporting from FSA plan administrator accurately reflects the activity in the FSA bank account. This also includes tracking each year separately so that forfeited funds for each respective plan year can be transferred as directed.
• Prepare quarterly bank compliance reporting in 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. Work with all divisions to provide accurate information for significant Census requirements. Assist with any other census requests throughout the year by acting as the liaison between Pella Corporation and the respective Census Bureau.
• Oversee petty cash reimbursements and activity at all sites to ensure compliance with policy.
• Complete month-end journal entries as needed for bank fees and misc cash transactions as well as monitoring various accrual accounts. Responsible for ensuring general ledger accounts tie to bank statements and investment reports through monthly account reconciliations.
• Complete budget for upcoming year on various Treasury-related accounts. Review and update as needed in the quarterly Forecast process.
• Support corporate insurance, bonding, and PDSN reporting activities as needed.
• In addition, based on current demands of the business, the Treasury Analyst will participate in other projects and support other functions as needed.

Qualifications

EDUCATION and / or EXPERIENCE

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

PERSONAL CHARACTERISTICS and ABILITIES

Excellent interpersonal skills with the ability to maintain confidentiality, work independently, multi-task and manage competing deadlines, and apply good judgment. Individual must also have strong organizational, critical thinking and customer service skills.

LANGUAGE SKILLS

Excellent communication skills required, both written and verbally. Possess ability to effectively present information and respond to questions from internal customers, management, vendors, and banking partners.

MATHEMATICAL SKILLS

Strong mathematical and analytical skills with the ability to design and analyze financial reports.

COMPUTER SKILLS

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

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