Treasury Analyst (Work With Us Manager)

GENERAL DESCRIPTION OF THE POSITION:
This is a multi-tasking administrative position that involves frequent contact with the Corporate Director of Finance, local Finance Director, and Corporate Accounting. This position is responsible for tracking Cash flow forecasting and results analysis; Bank account management; Intercompany balance monitoring; Month-end process and Preparing schematics. Additionally, this role will assist with foreign currency monitoring.
RESPONSIBILITIES AND DUTIES:
- Cash flow forecasting and results analysis
o Working with the Plant Managers and Finance Directors to determine expected inflow and outflow,
o Review history to identify any trends/cyclical behavior; Filling out cashflow files; Compare actuals to forecast,
o Digging into variances; Updating the forecast and process with the information learned.
- Bank account management
o Monitoring balances in all bank accounts (including those that don't report to JPM,)
o Assist to add bank accounts to JPM that can be added,
o Ensure right amount of currency in each bank account,
o Assist with closing bank accounts as needed; Assist with updating signatories or authorized representatives
- Intercompany balance monitoring
o Work with Plant Managers to complete needed intercompany payments,
o Work with Treasury Analyst or Plant Managers in other regions to align on intercompany receipts,
o Work with Corporate Accounting to assist with intercompany reconciliation.
- Month-end process
o Ensure all bank transactions are posted. Assist with bank account reconciliations,
o Reporting: Book value comparison to bank value - high level view on day 3 of close. Cash flow comparison direct (cash through the bank account) vs indirect (balance sheet movements)
- Preparing schematics
o Consolidated list of bank accounts (Sources of cash; Uses of cash; GL account; Local currency offset accounts)
o Intercompany relationships and high-level explanation of flows (Customers; Vendors; Lenders; Parent)
- Assist with foreign currency monitoring.
o Identifying all exposures; Consolidating exposures to confirm net position; Confirm revaluations are calculating as expected,
o Identify any outliers if calculations aren't as expected,
- Assist with recording and reporting any hedging strategies decided on by leadership.