Senior Treasury Analyst

Temiskaming Shores & Area Chamber of; Canada; On-site; CAD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a Senior Treasury Analyst to enhance liquidity and cash flow management. This key role involves monitoring cash balances, ensuring compliance with financial obligations, and providing strategic recommendations. Collaborating closely with the finance team, you will optimize cash management strategies and contribute to financial planning. If you thrive in a dynamic environment and possess strong analytical skills, this is your chance to make a significant impact in a reputable organization that values innovation and teamwork.

Qualifications

• 3+ years of experience in Accounting or Treasury in a fast-paced environment.
• Strong analytical, scenario planning, and modeling skills are essential.

Responsibilities

• Analyze daily cash balances to ensure effective cash flow management.
• Prepare cash position reports and provide recommendations for cash utilization.

Skills

Analytical Skills

Problem Solving

Communication Skills

Time Management

Decision Making

Education

Bachelor's Degree in Finance or Accounting

CPA designation

Tools

SAP

Microsoft Office

Job description

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Work Location Type:
Job Code: 1310
Location: Corporate Office
Reports to: Director Corp Accounting Tax & Treasury

It’s not a package. It’s a promise.

As Canada’s leading integrated freight, package, and logistics provider, we’ve been helping promises get where they need to be for more than 60 years. How does the magic happen? The journey starts with you. The places we go, the elements we brave, the promises we deliver – it’s all possible because of our people. So, whether you’re looking to build new skills, make an impact in your community, or inspire your team, we go there for you.

Description

Reporting to the Director, Corporate Accounting, Tax, & Treasury, the Senior Treasury Analyst plays a critical role in ensuring the effective management of the organization’s liquidity and cash flow, providing financial insight and strategic recommendations to support decision-making and compliance with financial obligations. The primary purpose of this role is to monitor, analyze, and optimize cash balances across multiple accounts, ensure compliance with debt covenants, and support the execution of foreign exchange (FX) transactions. The Senior Treasury Analyst will collaborate closely with the finance team to enhance cash management strategies, mitigate risk, and contribute to financial planning and forecasting.

Responsibilities

1. Analyze daily cash balances across all company accounts to ensure optimal liquidity and effective cash flow management.
2. Prepare daily and weekly cash position reports for senior management, highlighting key movements, liquidity risks, and strategic opportunities.
3. Review trends in cash movements and provide recommendations for cash utilization or reserves based on business needs and forecasts.
4. Develop cash flow projections and work with finance teams to maintain appropriate cash levels for operations, investments, and debt servicing and to support long-term financial planning and budgeting processes.
5. Monitor compliance with financial covenants related to credit facilities, loans, and other debt obligations.
6. Prepare and review covenant reporting to ensure timely compliance and take corrective actions if needed.
7. Work closely with legal and finance teams to ensure the organization remains compliant with debt agreements and regulations.
8. Regularly review foreign exchange rates and market conditions to provide insights into currency risks and opportunities.
9. Propose strategies for FX hedging and execute FX trades based on timing and market conditions, optimizing the cost of currency exchange for the organization.
10. Collaborate with relevant departments to understand the impact of FX fluctuations on the company’s international operations and financial performance.
11. Maintain and manage the process for letters of credit.
12. Continuously evaluate and improve treasury processes, tools, and systems to enhance operational efficiency and risk mitigation.
13. Identify opportunities for automating treasury operations and improving the accuracy and timeliness of financial reporting.
14. Collaborate with cross-functional teams to ensure comprehensive risk management strategies are in place for liquidity, foreign exchange, and other financial exposures.

Education

Bachelor's Degree in an appropriate field of study (Finance or Accounting) preferred.

Working towards or completed Accounting designation (CPA) preferred.

Experience

1. 3+ years Accounting or Treasury experience (preferably in a complex, fast-paced organizational environment).
2. Proven analytical, scenario planning and modelling skills required (must have).
3. Robust knowledge of financial statements, accounting principles and standards, audit management, compliance and management reporting.
4. Strong systems knowledge and experience with SAP preferred (S/4Hana and/or SAP BI is a plus).
5. Freight-forwarding, package, transportation or logistics industry experience (is a plus).
6. Strong ability with all Microsoft Office applications (Outlook, Excel, PowerPoint, Word) (must have).
7. Sound analytical, judgement and decision-making skills with proven abilities in problem solving.
8. Solid organizational and time management skills with a keen eye and attention to detail, accuracy and thoroughness.
9. Thrive in a challenging environment with the ability to work under tight deadlines and manage multiple requests/responsibilities.
10. Strong communication skills (written and verbal).
11. Individual must be organized and have excellent time management skills.
12. Exemplifies and consistently demonstrates our core competencies of communication, innovation, change management, relationship building and leadership.
13. Collaborative, innovative and influential approach to identifying and solving complex business issues.
14. Demonstrated emotional maturity, self-awareness and learning with proven ability to interact, foster and maintain collaborative and trusted relationships at all levels of the organization.

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Purolator is an equal opportunity employer committed to diversity and inclusion. We consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, Aboriginal/Indigenous status, or any other factors considered discriminatory. If you require an accommodation during the recruitment process, we will work with you to meet your needs.

We recognize that our employees and their families are key stakeholders. We will only be successful as a business if we provide our employees with a safe and healthy workplace, and we have the right people in the right roles with the support they need to succeed. We hire for attitude and train for skills. To learn more about us and our values, go to www.purolator.com.

At Purolator, every day is an opportunity for our employees to connect with one another and with our customers to help make a positive impact in the communities where we live, work and play.