We are looking for a motivated Treasury Associate. We are currently looking for an experienced and motivated individual to fill the position of Treasury Associate for our Treasury department. This position can be located in either our Long Beach, CA or Santa Clarita, CA offices.
The base annual salary for this posted position is reasonably expected to range from $75K to $110K, with a target annual bonus of 10% of base salary and eligibility to participate in our long-term incentive program. Individual pay decisions are based on several factors, including education, experience level and relevant industry experience.
Benefits Include: Medical, Dental, Vision, 401k with Match, Paid holidays, FSA, HSA.
Responsibilities:- Manage debt and investment portfolios of the company, using the treasury workstation to record deals, schedule payments, track activity and run reports for management in conjunction with cash flow forecast requirements
- Manage and minimize the costs incurred with operating banks for services provided; validating monthly activity levels and comparing prices charged to those negotiated with the bank
- Implement and maintain banking services with banks and financial service providers, to include opening and closing bank accounts, balance reporting, funds transfer, lockbox and all types of electronic data transmission of financial data
- Assist in the documentation of SOX processing controls and business continuity planning; assist in quarter and annual closing audit activities
- Provide project management for financial service initiatives where cooperation with various levels within banks and other Company accounting, finance or information technology groups is required to complete the project
- Handle daily operating responsibilities of the group as assigned, either in a primary or backup role. (Cash positioning, cash flow forecasting, wire transfer approval and the like)
- Manage Company's Letter of Credit portfolio to minimize liquidity exposure
- Support capital market activities including and not limited to, share repurchase, dividend planning, and liability management (senior notes and revolver; strategy, execution, and covenant review)
- Support Company's M&A integration efforts including treasury operation transition
- Assist on other Treasury projects and initiatives
Required Qualifications: - Minimum 3 years' experience in corporate treasury or highly related field
- Bachelor's degree in finance / accounting or related business field
- Self-starter, ability to succeed in a fast-paced environment with minimal supervision
- Strong working knowledge and experience with Excel and PowerPoint
- Excellent communication skills with internal and external stakeholders, including senior leadership
- Have leadership desire and growth mindset
- Unwavering work ethic
Preferred Qualifications: - Certified Treasury Professional credential or CFA candidate
- Master or MBA degree or leadership experience
- Experience in accounting or corporate FP&A in addition to treasury operation
- Experience working in a publicly traded company
- Project management experience in implementing sophisticated treasury services impacting multiple groups within the organization
- End-to-end cash flow forecasting experience in a multi-entity corporation
- Experience negotiating banking services and pricing with operating banks
- Comprehensive understanding of bank cash management products, banking systems, particularly electronic transmission of data and interconnectivity to company systems
- Capital market experience or commercial bank experience
