Description:
The Treasury Analyst is responsible for managing daily cash operations, liquidity forecasting, banking relationships, debt administration, and treasury-related reporting. This role supports working capital optimization across numerous operating yards, ensuring armored carrier and internal replenishment of cash at retail scrap purchasing facilities and ATMs. The Treasury Analyst records daily cash transactions while maintaining strong internal controls and compliance with company policies.
Requirements:
Cash Management and Treasury Operations
- Track and manage daily cash positions and liquidity across unrelated financial
institutions, multiple bank accounts, entities, and states.
- Ensure sufficient liquidity is available to fund daily scrap purchases, freight
costs, payroll, and vendor payments.
- Ensure all cash transactions are timely recorded to the ERP and reconciled
against expectations, including external transactions and intercompany
transactions.
- Analyze cash inflows and outflows and identify trends and patterns through
data analysis for use in rolling cash flow models and forecasts.
- Coordinate with yard managers and regional operations personnel regarding
banking and cash requirements.
Banking Administration
- Serve as primary point-of-contact for treasury and debt banking partners.
- Ensure retail scrap purchasing locations have adequate, but not excessive,
cash and ATM availability for local scrap purchases, understanding
denominations required by location and coordinating and scheduling with bank
vaults and armored carrier services.
- Maintain treasury management systems and online banking platforms.
- Complete ACH and wire transmissions using dual control in conjunction with
accounts payable personnel.
- Complete remote desktop deposit processing and reporting.
- Maintain administration of credit facility, term loans, equipment loans and
other financing arrangements.
- Maintain covenant reporting calendar and facilitate timely covenant reporting
with lending partners.
- Coordinate annual bank examinations and equipment, real estate, inventory
and other appraisals.
Forecasting and Modeling
- Prepare daily cash and liquidity reporting.
- Assist in the development, preparation and maintenance of short and long-term cash forecasts, rolling cash flow models and annual budgets.
- Analyze actual financial results against budgeted and forecasted figures,
identifying, and explaining key variances.
- Partner with operations, accounting, and procurement teams to improve
forecast accuracy.
- Analyze long-term and short term cash sources and uses to provide
recommendations for cash movements between banks, institutions and
accounts.
Reporting and Presentation
- Serve internal partners through preparation of treasury reports, presentations,
and dashboards.
- Provide daily cash receipts reporting to commercial and receivables personnel.
- Communicate with third parties regarding bank information while adhering to
appropriate separation of responsibilities controls.
- Develop and monitor key performance indicators (KPIs) and provide insights
into variances, trends, and potential risks or opportunities through clear and
concise reports, highlighting KPIs relevant to treasury operations, offering key
findings and actionable insights.
Risk Management
- Assist with insurance renewals and treasury-related risk assessments.
- Assist with supplier, vendor and customer insurance reporting, including
monitoring for expirations and communicating with vendors and customers as
necessary.
- Support commodity-related risk management and hedging policies.
Continuous Improvement and Internal Control
- Stay updated on industry trends, regulations, tools, and best practices in
banking, treasury management, financial analysis and reporting.
- Ensure compliance with company treasury policies and internal controls.
- Support fraud prevention initiatives including positive pay, ACH controls, and
account monitoring.
- Identify process improvements and implement streamlined methodologies to
enhance efficiency, accuracy and internal control over treasury services.
- Create and implement detective controls, monitoring controls and exception
reporting using proprietary systems, third party systems, worksheets, data
warehouses and other systems.
QUALIFICATIONS
Education
- Bachelor’s degree in finance, economics, accounting, business administration
or related field.
Experience and Skills
- 2+ years of treasury, finance, accounting or cash management experience.
- Strong analytical skills with the ability to gather, interpret, and analyze
financial data.
- Experience in a multi-location corporate environment with multiple banking
relationships.
- Ability to understand large sets of data, extracting it from various systems,
analyzing it and presenting findings.
- Advanced knowledge of Microsoft Excel and other MS Office applications.
Key Competencies
- Excellent written and verbal communication skills with the ability to present
information effectively.
- Ability to work independently as well as collaboratively in a team environment,
with a mentality that no job is too big or too small if it benefits the Company
and team.
- Ability to learn and adapt to internal and third-party systems such as ERPs,
operational systems, banking portals and data warehouses.
- Strong problem-solving skills and the ability to think strategically.
- Detail-oriented with a focus on accuracy and documentation, with a
commitment to meeting deadlines.
- Ability to express ideas clearly and concisely using appropriate mediums (for
example, face-to-face, e-mail, and presentations), listen effectively,
demonstrate understanding, and clarify meaning for others.
- Ability to analyze, define, diagnose, and resolve problems based on sound logic
and rationale.
- Ability to interact cooperatively and collaboratively with others as a team,
including those holding divergent and/or opposing views and goals.
- Is always courteous and professional to team members both inside and outside
of the Company.
- Highly organized and professional.
- Ability to learn quickly and adapt easily to change.
- Work well with others in a fast-paced, non-stop environment.
- Flexibility to changing work conditions, assignments, and schedules.
- Flexibility to work evenings or weekends if projects or workload requires.
SAFETY & PHYSICAL REQUIREMENTS
- Strictly adhere to all Health, Safety, and Environmental standards.
- Follow all safety guidelines and protocol, including wearing all PPE.
- Adhere to all local, state, OSHA, and environmental regulations.
- Walk and stand for extended periods of time; walk and stand on uneven
surfaces; ascend and descend multiple stairs multiple times per day.
- Communicate by speech and hear audible warning signals.
- Visual acuity is needed for computer utilization and operational visits.
- Be able to lift, carry, push, pull, or otherwise move objects of fifty pounds or
more.
ADDITIONAL INFORMATION
- Full-time, exempt position
- In-office role, located in Kansas City, MO
- Travel: 0-10% or as needed
We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other characteristic protected by law.
