Treasury Analyst

IKO; Toronto; On-site; CAD 70,000 - 75,000; Full time

Job summary

A leading manufacturing company in Toronto is seeking a Treasury Analyst to support global treasury operations including daily cash management and bank documentation. The role involves digitalizing reporting processes, preparing presentations, and identifying process improvements. Ideal candidates should have a post-secondary degree in Business Administration, Finance, or Accounting, and possess 1-3 years of corporate treasury experience. The position offers competitive pay and comprehensive benefits.

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Long-term Disability

Short-term Disability

RRSP Match

Paid Vacation

Employee Assistance Program

Tuition reimbursement

Qualifications

• 1 – 3 years' experience in a Corporate Treasury environment is preferred.
• CFA, CPA or CTP designation or actively working towards these designations.
• Experience working for a global entity is advantageous.

Responsibilities

• Gather, review and consolidate daily cash positions across multiple banks.
• Analyze credit card activity and process all electronic payments.
• Act as an online bank account administrator and monitor user access.
• Track movement of major global transactions.
• Provide support in the implementation of a Treasury Management System.

Skills

Cash Management

Financial Analysis

Excel

Project Management

Education

Post-Secondary Degree in Business Administration/Finance/Accounting

Tools

Treasury Management System (TMS)

Microsoft Word

PowerPoint

SharePoint

Outlook

Job description

Description

Job Summary : Treasury Analyst will be supporting global treasury operations, including daily cash management across multiple jurisdictions, electronic payments, and bank documentation. Responsibilities also include digitalizing reporting processes, preparing internal presentations, and identifying process improvements, as well as TMS implementation. The role offers exposure to a global financial landscape and acts as a key backup within the Treasury function.

Compensation : $70k - $75k annually

Benefits

Health Insurance (includes Virtual Health, and HCSA)

Dental Insurance

Vision Insurance

Life Insurance

Long-term Disability

Short-term Disability

RRSP Match

Paid Vacation

Floating Days

Employee Assistance Program

Employee Engagement Events

Awards and Recognition

Tuition reimbursement

Service Awards

Employee Perks & Discounts

Job Responsibilities

Gather, review and consolidate daily cash positions across multiple banks in multiple jurisdictions, and forecast daily cash requirements of the global operations

Analyze credit card activity and process all electronic payments

Maintain bank account and cheque signatory listings

Prepare bank and other financial institution documentation for account opening and compliance

Act as an online bank account administrator and monitor user access

Track movement of major global transactions including the management of cash pooling / concentration arrangements

Provide strong support to the Treasury team in the implementation of a Treasury Management System (TMS) and taking a lead role in performing data input / migration and bank connectivity processes

Perform investment analysis, review holdings and their performances against benchmarks across multiple entities / geographies and highlight any overlap in risk exposures

Digitalize the investment tracking and reporting process across multiple entities, and support the Treasury team in opening new investment accounts as needed

Review and analyze bank interest income and bank service charges to ensure alignment with agreed upon agreements

Support the Treasury team in preparation of internal presentations to various stakeholders

Evaluate FX exposures and track FX activity across multiple units, and advise on natural offsets

Act as a back-up to the Treasury Manager and Treasury Analyst during their absence

Identify and implement process improvement initiatives to drive efficiency in treasury processes

Qualifications

Post-Secondary Degree with emphasis on Business Administration / Finance / Accounting

1 – 3 years' experience in a Corporate Treasury environment is preferred

CFA, CPA or CTP designation or actively working towards these designations

Experience working with a Treasury Management System (TMS) is preferred

Project Management and Financial Modeling experience is preferred

Experience working for a global entity is advantageous

Microsoft Word, Excel, Power Point, SharePoint and Outlook skills

Benefits of Employment : IKO recognizes that its success is due to the strength of its employees. A primary goal of IKO is to promote individual employee's sense of accomplishment and contribution so that employees enjoy their association with IKO. The Company invests in its employees so that they are the most knowledgeable in the industry, and undertakes great efforts to nurture loyalty to, and teamwork at, IKO. We are pleased to offer competitive compensation, health care, a progressive and challenging workplace and a commitment to teamwork and integrity.

Diversity and Equal Opportunity Employment : IKO Industries Ltd. is an equal opportunity employer. We are committed to diversity and inclusion and are pleased to consider all qualified applicants for employment without consideration to race, religion, creed, color, national origin, age, gender, sexual orientation, marital status, veteran status or disability.IKO Industries Ltd. encourages and welcomes applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.