Senior Treasury Analyst

Magna International Inc; Aurora; On-site; CAD 70,000 - 100,000; Full time

Job summary

A leading company in automotive technology is seeking a Senior Treasury Analyst to support cash management and liquidity functions. This role involves daily cash reconciliation, forecasting, and reporting on global cash positions, impacting financial decisions and strategies. Candidates should have a finance background and strong analytical skills.

Qualifications

• Completion of a university degree in business or finance required.
• Accounting designation is an asset.
• Minimum 2-5 years of work experience in an analytics role preferred.

Responsibilities

• Manage daily cash positions and reconcile discrepancies.
• Support cash forecasting processes and perform variance analysis.
• Produce monthly Global Cash Review and financial reporting.

Skills

Cash Management

Analytical Skills

Communication

Education

University degree in business or finance

Accounting designation

Tools

MS Suite (Excel, PowerPoint, Word)

OneStream

PowerBI

Job description

Job descriptions may display in multiple languages based on your language selection.

The Treasury group is responsible for the management of our global funding, capital raising, liquidity management and various aspects of our risk management - including currencies, interest rates, market access, retirement programs and strategies that manage the protection and safeguarding of our assets through insurance programs. The group is also responsible for providing guidance to senior management and the Board on macroeconomic conditions and their implications for our business.

We are looking to hire a Senior Treasury Analyst who will support the North America Cash & Liquidity function. This role will provide support for cash management, short-term cash forecasting, compilation & analysis of global cash positions and global treasury reporting requirements.

Your Responsibilities

Daily Cash Management North America

• Reconciliation of daily cash positions against actual results and manage the resolution of any discrepancies
• Analyze cash positions of all cash pools to determine funding needs and initiate cross funding
• Manage cash through the co-ordination of information related to receipts, disbursements and bank position reporting
• Strive to maintain minimal cash float balances
• Ensure proper reporting & management of standalone cash balances

Cash Forecasting

• Support cash forecasting processes and perform variance analysis
• Continuously improve forecasting compliance & accuracy
• Communicate with operating groups and divisions to understand all daily cash flows

Reporting

• Produce monthly Global Cash Review
• Perform monthly financial reporting and analysis related to global cash and bank indebtedness
• Review daily cash reporting in Power BI for accuracy of reported balances, investments and borrowings
• Review and understand reported changes in balances, investments and borrowings

Other

• Assist in Treasury related projects as assigned
• Explore new technology and reporting tools for Treasury

Who we are looking for

• Completion of a university degree in business or finance
• Accounting designation is an asset
• Post graduate qualifications are desirable but not required
• Requires the knowledge & ability to conduct advanced analysis
• Experience and proficiency with MS Suite (Excel, PowerPoint, Word) is essential
• Knowledge and experience with OneStream is an asset
• PowerBI and Treasury Management Systems is an asset

Your preferred qualifications

• Minimum 2 - 5 years of work experience in an analytics role
• Ability to work with other people – in person and virtual

Groupe:

Magna Corporate

Job descriptions may display in multiple languages based on your language selection.

Ce que nous offrons:

Chez Magna, vous intégrerez un environnement stimulant et dynamique dans lequel vous pourrez contribuer à développer des technologies automobiles de pointe. Nous accompagnons nos collaborateurs en leur offrant le soutien et les ressources dont ils ont besoin pour réussir. En tant que collaborateur faisant partie d'un grand groupe présent partout dans le monde, vous aurez des responsabilités passionnantes et variées ainsi qu’un large éventail de perspectives de développement et de carrière. Parce que nous pensons que chaque parcours professionnel est unique.

Synthèse du groupe:

Magna est bien plus qu’un des plus grands fournisseurs au monde en matière d’espace automobile. Nous sommes une entreprise spécialisée dans les technologies de la mobilité conçue pour innover, avec une équipe internationale animée par un esprit d’entreprise. Avec plus de 65ans d’expertise, notre écosystème de produits interconnectés, en combinaison avec notre expertise complète des véhicules, nous place à une position unique pour faire progresser la mobilité dans un environnement de transport élargi.

Responsabilités du poste :

The Treasury group is responsible for the management of our global funding, capital raising, liquidity management and various aspects of our risk management - including currencies, interest rates, market access, retirement programs and strategies that manage the protection and safeguarding of our assets through insurance programs. The group is also responsible for providing guidance to senior management and the Board on macroeconomic conditions and their implications for our business.

We are looking to hire a Senior Treasury Analyst who will support the North America Cash & Liquidity function. This role will provide support for cash management, short-term cash forecasting, compilation & analysis of global cash positions and global treasury reporting requirements.

Your Responsibilities

Daily Cash Management North America

• Reconciliation of daily cash positions against actual results and manage the resolution of any discrepancies
• Analyze cash positions of all cash pools to determine funding needs and initiate cross funding
• Manage cash through the co-ordination of information related to receipts, disbursements and bank position reporting
• Strive to maintain minimal cash float balances
• Ensure proper reporting & management of standalone cash balances

Cash Forecasting

• Support cash forecasting processes and perform variance analysis
• Continuously improve forecasting compliance & accuracy
• Communicate with operating groups and divisions to understand all daily cash flows

Reporting

• Produce monthly Global Cash Review
• Perform monthly financial reporting and analysis related to global cash and bank indebtedness
• Review daily cash reporting in Power BI for accuracy of reported balances, investments and borrowings
• Review and understand reported changes in balances, investments and borrowings

Other

• Assist in Treasury related projects as assigned
• Explore new technology and reporting tools for Treasury

Who we are looking for

• Completion of a university degree in business or finance
• Accounting designation is an asset
• Post graduate qualifications are desirable but not required
• Requires the knowledge & ability to conduct advanced analysis
• Experience and proficiency with MS Suite (Excel, PowerPoint, Word) is essential
• Knowledge and experience with OneStream is an asset
• PowerBI and Treasury Management Systems is an asset

Your preferred qualifications

• Minimum 2 - 5 years of work experience in an analytics role
• Ability to work with other people – in person and virtual

Sensibilisation, Union, Autonomie:

Chez Magna, nous sommes convaincus qu'une main-d'œuvre diversifiée est essentielle à notre succès. C'est pourquoi nous sommes fiers d'être un employeur qui offre l'égalité des chances. Nous recrutons sur la base de l'expérience et des compétences, en tenant compte des exigences professionnelles spécifiques, indépendamment notamment de la couleur de peau, des origines de la religion ou des convictions, du sexe, de l'orientation sexuelle, de l'âge, de la citoyenneté, de l'état civil, du handicap. Magna prend la protection de vos données personnelles au sérieux. Nous vous déconseillons d’envoyer des candidatures par e-mail pour vous conformer au RGPD et à vos exigences locales en matière de protection des données.

Type de travailleur :

Régulier/permanent

Groupe:

Magna Corporate