The Treasury Analyst is part of the Corporate Accounting Team and supports all aspects of Treasury Operations activities. The role oversees corporate cash management, assists with the development of banking solutions for all business segments/entities, prepares and records treasury transactions, and supports the cash forecasting process.
Essential Duties and Responsibilities
- Provide key inputs into the cash forecasting process.
- Contribute to the global cash management strategy by monitoring funds in each account.
- Administer Corporate Card programs.
- Support accounts receivable with daily cash receipt posting.
- Prepare weekly check-run and schedule related approved wire transfers.
- Prepare bi-monthly wires to foreign bank accounts to ensure foreign payroll is funded timely.
- Evaluate new banking products and services and assist with optimization of banking footprint.
- Ensure accurate maintenance of bank accounts, balances, bank/Treasury systems and bank cost information.
- Monitor debt levels and compliance with covenants.
- Prepare for approval and submission the monthly Borrowing Base report to PE firm and Lenders.
- Prepare monthly DSO, DTP and Inventory Turns Reports.
- Post non-routine bank reconciling items such as fees or recurring approved direct debits.
- Prepare monthly bank reconciliations for domestic and international bank accounts and legal entities.
- Review and account for customer purchases of MTI products and services transacted via MTI’s e-commerce platform.
- General backup for Accounts Receivable and Accounts Payable when those employees in these functions are out of the office.
- Assist with implementation of appropriate internal controls over cash management.
- Ensure compliance with written policies and procedures, including audit and regulatory requirements.
- Identify emerging technologies and process automation (FinTech) that can be leveraged to address business needs, drive process improvements and reduce costs.
Competency: To perform the job successfully, an individual should demonstrate the following competencies:
- Excellent communication (written and verbal), analytical and interpersonal skills
- Understanding of domestic and international payment flows (cross-border wires, SEPA/ACH)
- Strong computer skills, including proficiency in Microsoft Word, Excel and PowerPoint
- Ability to handle multiple tasks under tight deadlines
Required Education and Experience
- Bachelor’s in Accounting, Finance or related field
- 3+ years work experience in treasury/cash management and/or accounting
- Understanding of domestic and international payment flows (cross-border wires, SEPA/ACH)
- Strong computer skills, including proficiency in Microsoft Word, Excel and PowerPoint
- Ability to handle multiple tasks under tight deadlines
Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Ø Travel is required
Ø Ability to lift 25lbs on occasion
Ø Sit for long periods of time
Ø Bending
Ø Reaching above head for items
Ø Ability to use a computer and telephone system
Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Ø Typical office environment with average noise and lighting levels
Ø Constant interruptions
Other duties: Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
MTI is an Equal Opportunity
Employer Mobile Technologies, INC. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, Mobile Technologies, Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. 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.