Treasury Analyst
Edmonton, AB, Canada
Job Description
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The Treasury Analyst is responsible for managing cash flows for the group of companies. This includes customizing and generating various management reports, coding customer receipts, monitoring bank balances, initiating inter-company borrowings, settling inter-company balances, monitoring short term investments and reconciling the trust bank accounts. The Treasury Analyst will also be responsible for monitoring the performance of the book of business with different insurance companies and preparing management reports to enable insurance marketing decisions. This role will be involved in special projects to resolve customer issues, accounting system issues, and reporting issues. ESSENTIAL FUNCTIONS Treasury Support
- Administer banking activities for all group companies.
- Monitor bank account balances daily to initiate fund transfers to minimize interest cost.
- Enter receipts into appropriate client accounts.
- Investigate, resolve, and respond to client billing issues.
- Process client refunds as required, either by EFT, wire transfer, or cheque.
- Reconcile the balance sheet accounts relating to AR and Treasury.
- Become the accounting system subject matter expert and generate customized reports and dashboards.
- Initiate inter-company borrowings when there is shortage of funds.
- Monitor and settle inter-company balances timely to minimize borrowing costs.
- Make short term investment decisions to maximize investment income.
- Manage all loans including bank loans, employee loans and shareholder loans; calculate interest and repayment schedules; prepare supporting documentation and monthly reporting.
- Manage all building and equipment leases; monitor renewals, prepare analysis and assist with negotiations
- Monitor performance of the book of business with different insurance companies and forecast overriding commissions to enable insurance marketing decisions.
- Provide weekly reports to the Operations teams
- Provide weekly reports to the Finance team on cashflow availability for vendor payments.
- Provide monthly reports for supporting the financial statements.
- Provide weekly and monthly client balance reports.
- Generate investment income of $200K annually.
- Inter-company balances are settled by business day 7.
- Minimum 6% overriding commissions generated annually.
- All Trust bank accounts reconciled daily.
- All loan schedules updated monthly.
- All client receipts entered with 99% accuracy.
- Be familiar with and follow company policies and procedures as established (Employee Handbook, Finance policies and procedures, etc.).
- Attend and participate in staff meetings and company functions.
- Demonstrate good corporate citizenship qualities and corporate values.
- This job operates in a professional office environment.
- At least 3 years of banking, treasury or Accounts Receivable experience
- A degree in accounting or finance
- Strong computer skills and proficient with Excel
- Proven understanding of accounting principles and internal controls
- Excellent interpersonal as well as spoken and written communication skills
- Independent, process oriented with an attention to detail.
- Enthusiasm for innovation and process improvement
- Ability to multi-task in a dynamic fast paced environment
- Company events
- Dental care
- Disability insurance
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- Tuition reimbursement
- Vision care
- Monday to Friday
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Job Detail
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Job IdJD2300035
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationEdmonton, AB, Canada
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EducationNot mentioned