Senior Treasury Analyst

Telesat Corporation; Ottawa; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a highly skilled Treasury Analyst to enhance treasury operations across its global business. This role involves managing bank accounts, optimizing liquidity, and supporting debt management while ensuring compliance with financial policies. The successful candidate will leverage their expertise in financial risk management and treasury systems to contribute to the company's strategic financial goals. Join a dynamic team dedicated to operational excellence and innovation in the satellite communications sector, where your contributions will significantly impact global connectivity solutions.

Qualifications

• 5+ years of experience in treasury or finance with a focus on cash and debt management.
• Strong understanding of financial markets and risk management strategies.

Responsibilities

• Manage global banking relationships and ensure compliance and performance.
• Oversee daily cash position and prepare cash forecasts.
• Support debt portfolio management and monitor compliance with agreements.

Skills

Cash Management

Bank Account Management

Debt Management

Financial Risk Management

Communication Skills

Problem-Solving

Organizational Skills

Education

Bachelor’s degree in Finance

Professional certifications (CPA, CFA, CTP)

Tools

Treasury Management Systems (TMS)

Financial Software

Job description

Telesat (NASDAQ and TSX: TSAT) is a leading global satellite operator, providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecommunications, corporate and government customers for over 50 years. Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat has grown to be one of the largest and most successful global satellite operators.

Telesat Lightspeed, our revolutionary Low Earth Orbit (LEO) satellite network, scheduled to begin service in 2027, will revolutionize global broadband connectivity for enterprise users by delivering a combination of high capacity, security, resiliency and affordability with ultra-low latency and fiber-like speeds. Telesat is headquartered in Ottawa, Canada, and has offices and facilities around the world.

The company’s state-of-the-art fleet consists of 14 GEO satellites, the Canadian payload on ViaSat-1 and one LEO 3 demonstration satellite. For more information, follow Telesat on X and LinkedIn or visit www.telesat.com

Our focus is on strategic financial management, operational efficiency, and risk mitigation. We are seeking a highly skilled and motivated Treasury Analyst to join our team and play a key role in optimizing treasury operations across our global business.

The Treasury Analyst will be responsible for supporting and enhancing the company's treasury operations, including bank account management, liquidity management, debt management, treasury system implementation and initiatives, and financial risk management. This role will also assist in the maintenance of the company’s insurance program, ensuring seamless continuity of operations in the event of absence.

Role Responsibilities (Bank Account Management):

• Manage the company’s global banking relationships and accounts to ensure efficient operation, compliance, and performance.
• Collaborate with internal stakeholders and external banks to monitor account activity, resolve issues, and optimize banking services.
• Coordinate the opening, closing, and maintenance of bank accounts in accordance with company policies and regulatory requirements.
• Analyze banking fees, account structures, and services to ensure cost-effective banking solutions for the organization.

Role Responsibilities (Liquidity Management):

• Oversee the daily cash position to ensure the company maintains adequate liquidity for operational needs while optimizing the use of excess cash.
• Monitor global cash flows, assisting in the management of working capital, and ensuring the availability of funds across regions.
• Prepare and update short-term and long-term cash forecasts to support business decision-making.
• Ensure the efficient transfer of funds between subsidiaries and accounts to optimize global cash positions.

Role Responsibilities (Debt Management):

• Support the management of the company’s debt portfolio, including term loans, revolving credit facilities, and other financing arrangements.
• Monitor interest rates, debt covenants, and compliance with borrowing agreements to ensure financial obligations are met.
• Assist in evaluating and executing debt refinancing strategies to minimize borrowing costs and optimize the debt structure.
• Provide support for preparing regular debt reporting, including interest payments, principal repayments, and debt compliance monitoring.

Role Responsibilities (Treasury System Implementation & Initiatives):

• Contribute the optimization of treasury management systems (TMS) and related financial technologies.
• Work with internal IT teams and external vendors to ensure that treasury systems are functioning effectively, ensuring data accuracy and integration.
• Assist in streamlining treasury operations by identifying areas for improvement and leading or supporting initiatives for process enhancements.
• Provide user training and system support to ensure efficient and effective use of treasury systems within the organization.

Role Responsibilities (Financial Risk Management):

• Assist in identifying and assessing financial risks, including foreign exchange, and interest rate fluctuations.
• Support the development and execution of hedging strategies to manage and mitigate financial risks.
• Work with cross-functional teams to monitor and report on risk exposures and provide timely recommendations for risk mitigation.
• Ensure compliance with the company's financial risk management policies and procedures, maintaining appropriate documentation for audits.

Role Responsibilities (Insurance Program Management):

• Serve as a back-up for the management of the company’s global insurance program, including coverage for property, liability, and other corporate risks.
• Support insurance policy renewal processes, working with brokers and insurers to ensure adequate and cost-effective coverage.
• Assist in evaluating and reporting on insurance premiums, terms, and conditions to ensure compliance with company guidelines.
• Coordinate with internal teams to track claims, coverage details, and insurance-related documents, ensuring smooth operations in the event of absence.

Education and Experience Required:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Professional certifications (CPA, CFA, CTP) are considered an asset.
• 5+ years of experience in treasury or finance, with exposure to cash management, bank account management, and debt management.
• Experience with treasury management systems (TMS) and financial software is preferred.
• Strong understanding of financial markets, risk management strategies, and debt instruments.
• Demonstrated ability to analyze and manage liquidity and financial risks in a multinational environment.
• Strong communication, problem-solving, and interpersonal skills to effectively collaborate with various departments and external stakeholders.
• Highly organized with the ability to manage multiple tasks and priorities in a dynamic environment.
• Knowledge of insurance program management is a plus, with the ability to step in as a back-up when necessary.

The successful candidate must be able to work in Canada and obtain Canadian Reliability Clearance.

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At Telesat, we take pride in being an equal opportunity employer that values equality in the workplace. We are committed to providing the best candidate experience possible including any required accommodations at every stage of our interview process. All qualified applicants that have been selected for an interview that require accommodations, are advised to inform the Telesat Talent team accordingly. We will work with you to meet your needs. All accommodation information provided will be treated as confidential.