Treasury Analyst

14 hours ago

Novi, United States Branex Group Full time
Job DescriptionJob Description

Treasury Analyst - Novi, MI

  • Hybrid schedule (4 days in office, 1 day remote)
  • Long term contract position
  • Reporting to Lead Treasury Analyst
  • Bachelor's Degree preferred
  • Automotive industry and corporate treasury experience preferred

A Treasury Analyst is responsible for managing daily consolidation of cash pool balance and cash requests for executive reporting, monitoring local entity treasury cash pool reporting, and maintain reporting files.

Primary Responsibilities

  • Update cash pool tracker with actual banking movements and forecast from entities
  • Execution of Manual Wire Transfers
  • Update V-cash monthly
  • Complete 13 week forecast for monthly submission
  • Process factoring repayments and selling files, coordinate with US Region
  • Monthly Closing duties
  • Calculate interest based on the average daily balances for cash pool
  • Publish closing balance of cash pooling and interest to cash pool participants
  • Cross-check the closing balances with the entities in US Region
  • Internal Control: SOX and IC related activities
  • Support Regional Treasurer for treasury reporting and special projects

Years of Experience

  • Minimum 3 years’ experience working in a corporate Treasury department and Cash Management
  • Degree Preferred, Bachelor’s degree in Accounting or Finance

Desired Competencies, Experience, & Qualifications

  • Banking relationship and its lines of credit under the control and/or direction of Global/Regional Treasurers
  • Ability to quickly understand complex transactions and provide direction to treasury team
  • Support accounting team regarding impacts on accounting reporting for month end
  • Problem solving and analytical abilities where problems are complex
  • Detailed variance analysis and building solid analytics
  • Proficient in Excel software

Special Requirements (i.e., Overtime, Travel, etc.)

  • Overtime is required as needed
  • Reporting as required
  • Work with International team
Company DescriptionBranex Group is a Minority-owned Technical Staffing firm headquartered in Auburn Hills, MI. We are a Certified Women’s Owned Business through the Women’s Business Enterprise National Council (WBENC). We specialize in Engineering, Information Technology, Robotics, Human Resources, and Finance opportunities across the United States.

Branex Group is committed to being an Equal Employment Opportunity Employer and fostering a diverse and inclusive workplace. We ensure all applicants and employees are considered without discrimination or harassment based on race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran status, disability status, genetics, or any other protected characteristic by State and Federal laws.

Branex Group offers the following benefits:
- Medical Insurance
- Dental Insurance
- Vision insurance
- Paid time off
- 401(k)

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.Company DescriptionBranex Group is a Minority-owned Technical Staffing firm headquartered in Auburn Hills, MI. We are a Certified Women’s Owned Business through the Women’s Business Enterprise National Council (WBENC). We specialize in Engineering, Information Technology, Robotics, Human Resources, and Finance opportunities across the United States.\r
\r
Branex Group is committed to being an Equal Employment Opportunity Employer and fostering a diverse and inclusive workplace. We ensure all applicants and employees are considered without discrimination or harassment based on race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran status, disability status, genetics, or any other protected characteristic by State and Federal laws.\r
\r
\r
Branex Group offers the following benefits:\r
- Medical Insurance\r
- Dental Insurance\r
- Vision insurance\r
- Paid time off\r
- 401(k)\r
\r
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.