Treasury Analyst- Stores Banking
Treasury Analyst- Stores Banking
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Job Description
This position is responsible for performing key treasury functions involving the management of the companys cash and banking structure. The individual will work cross-functionally with internal and external stakeholders including Corporate Accounting Sherwin Business Services Division Financial Groups (primarily PSG) and banking partners.
Because this role involves access to confidential financial information the Company has determined that a review of criminal history is necessary to protect the business and its operations and reputation and to provide similar protections for its clients and potential investments.
Responsibilities
Position Responsibilities:
- Manage Companys U.S. Canadian and Caribbean banking and cash management structures including bank account maintenance resolution of operational banking issues establishing and maintaining depository banking relationships and minimizing associated bank service fees.
- Act as system administrator for the Departments global banking systems and financial applicationsincluding Reval IBAM SMART web-based banking platforms SWIFT 360T and Misys.
- Timely and accurate completion of balance sheet reconciliations related to Treasury and Risk Management general ledger accounts.
- Develop maintain and distribute financial models metrics and reports that will assist management in reviewing and analyzing financial information such ascash debt investment interest bank fees and foreign exchange activityutilizing OneStream Treasury Management System (Reval) ION Bank Account Management (ION) and other reporting systems.
- Regularly review recommend and implement improvements to the North American cash management structure currently comprised of 4900 bank accounts in the U.S. Canada and the Caribbean.
Major Activities and Key Challenges:
- Test and implement treasury system enhancements
- Identify operational risks and opportunities (within banking structure)
- Provide interdepartmental support
- Assist in managing approximately $12.5 million in bank service fees paid by the North American operations annually.
- Prioritize tasks to meet defined deadlines in a highly dynamic environment
- Operate with close attention to detail and a focus on enhancing controls
- Maintain an understanding of financial markets and banking products and services
Qualifications
POSITION REQUIREMENTS
FORMAL EDUCATION:
Required:
- Bachelors degree in Finance Accounting or related business field.
KNOWLEDGE & EXPERIENCE:
Required:
- 2 years of experience in a financial role
- Skill set includes problem solving critical thinking organizational skills excellent (oral and written) communication skills and a capability to work independently.
- Experience working in a cross-functional team environment to implement process improvements.
- Must be legally authorized to work in the United States without company sponsorship
Preferred:
- Business Knowledge includes a working knowledge of SW structure business processes and operations.
- Ability to interface with top management
- Knowledge of corporate banking and cash management products and services and foreign exchange markets
TECHNICAL/SKILL REQUIREMENTS:
Required:
- Proficient Microsoft Office Skills
- Ability to analyze data and make decisions quickly
- Intermediate analytical and problem-solving skills.
- Strong interpersonal skills including written and oral communication skills
- Strong organizational skills and attention to detail.
- Proven ability to meet deadlines while managing multiple projects.
Preferred:
- Experience implementing or supporting systems
- Experience working with Treasury Management Systems
- Experience working with Oracle and OneStream
Required Experience:
IC
Employment Type
Full Time
