Intermediate Analyst

Kassen Recruitment; Toronto; On-site; CAD 60,000 - 95,000; Full time

Job summary

An established industry player is seeking an Intermediate Analyst to enhance their Cash Management team. In this pivotal role, you will manage the daily flow of funds, ensuring accuracy and compliance while developing forecasts and reports. This position offers a fantastic opportunity to leverage your analytical skills and deepen your expertise in investor-related financial processes. You will collaborate closely with various departments, including Tax and Legal, and serve as a key contact for third-party administrators. If you are detail-oriented, proactive, and ready to contribute to treasury-related projects, this role is perfect for you.

Qualifications

• Degree in Accounting or Finance required; CTP designation is a plus.
• Experience in cash management operations within Canadian banking is essential.

Responsibilities

• Manage daily cash flow and reconcile financial transactions.
• Generate cash management reports and support audits and compliance.

Skills

Analytical Skills

Attention to Detail

Cash Management Operations

Communication Skills

Problem-Solving

Team Collaboration

Education

Degree in Accounting

Degree in Finance

CTP designation

Tools

Treasury Management System

Job description

Our client is seeking a detail-oriented and proactive Intermediate Analyst to focus on the critical area of Cash Management within their Investor Operations group. Reporting to the Senior Manager, Investor Cash Operations, you will be instrumental in managing the daily flow of funds and ensuring the accuracy of their cash positions. This role offers an excellent opportunity to leverage your analytical skills and build expertise in investor-related financial processes.

What You'll Do:

1. Execute and reconcile a variety of financial transactions, including electronic fund transfers, wire payments, foreign exchange dealings, investment capital calls, and investor distributions.
2. Develop and maintain both short-term and long-term forecasts for cash flow, proactively monitoring actuals against projections to identify key variances and trends.
3. Generate and distribute regular cash management reports to relevant stakeholders.
4. Review and approve funding documentation, adhering to internal controls governing cash transactions and funding requirements.
5. Collaborate with Tax and Legal departments to facilitate the documentation required for establishing new banking and brokerage accounts.
6. Provide support for annual audits, tax filings, and other regulatory compliance reviews.
7. Serve as a key point of contact for third-party administrators (TPAs) regarding payment setups and template approvals.
8. Address inquiries and requests from TPAs efficiently and effectively.
9. Participate in the review of payment templates and investment closing documentation.
10. Manage data entries and adjustments within our Treasury Management System.
11. Act as a collaborative extension of the Portfolio Compliance Operations team.
12. Cultivate strong relationships with our banking partners, serving as a knowledgeable resource for their various online platforms.
13. Contribute to treasury-related projects and initiatives as directed by the Senior Manager, Cash Management (e.g., hedging strategies, liquidity management).

What You Bring:

1. A degree in Accounting, Finance, or a related discipline.
2. Completion of or progress towards an Accounting, Financial Analyst, or Certified Treasury Professional (CTP) designation is highly valued.
3. Demonstrated experience in cash management operations within the Canadian banking landscape, including familiarity with international banking standards and SWIFT/ISO20022 protocols.
4. Prior experience within the asset management sector, particularly supporting Private Credit operations, would be a significant advantage.
5. A general understanding of Private Credit deal structures and credit facilities.
6. Exceptional attention to detail, a commitment to accuracy, and the ability to manage a high volume of transactions effectively.
7. A high degree of professionalism, integrity, and strong business acumen.
8. Excellent written and verbal communication skills, coupled with strong time-management abilities.
9. The capacity to take ownership of responsibilities and collaborate effectively within a team setting.
10. Flexibility, adaptability, and a proactive approach to problem-solving.
11. A collaborative team player with strong interpersonal and relationship-building skills across different business units.