Senior Finance Analyst - Treasury

Socket.dev; Novi (MI); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Competitive compensation packages

Paid vacation & holidays

Medical, dental, vision from day one

401k match

Life and disability insurance

Employee assistance program

Company discount program

Job summary

Yanfeng is seeking a skilled Treasury professional to lead daily cash management across North America and Europe, ensuring accurate opening balances and flow tracking. This role also coordinates with controllers on funding needs and forecasts, while managing bank accounts and signatory rights across NA and EU.

You will monitor debt positions, maintain treasury systems data, and benchmark bank fees. Travel to customer sites and collaboration with cross-functional teams are expected to ensure

Qualifications

• 5-7 years of experience in finance, preferably multinational.
• 3-5 years in the industrial/ automotive sector.
• Excellent verbal and written communication.
• Strong business acumen and cross-functional collaboration.
• Proficient Excel, Word and PowerPoint.
• Willing to travel and work at customer sites.

Responsibilities

• Daily cash management of NA and EU; determine opening bank balances and track flows.
• Communicate with controllers on borrowing/investing needs and forecasts.
• Open/close bank accounts and manage signatory rights and legal docs.
• Monitor debt positions across NA and EU.
• Maintain treasury data in systems and lists of bank accounts.
• Benchmark and analyze bank service fees.
• Support local finance on cash pool structure and management.
• Lead treasury support for administrative procedures and timely responses.
• Support Shared Service Center on cash management issues.
• Liaise between local Finance Clerks and banks' treasury services.
• Participate in Global cash management initiatives.

Skills

Verbal communication

Written communication

Cross-functional collaboration

Business acumen

Attention to detail

Multitasking

Education

Bachelor's Degree in Accounting or Finance

Tools

Excel

PowerPoint

Word

Job description

Main Responsibilities:

• Daily cash management of the business in North America and EU, including: the determination of the opening bank balance in various currencies, the identification of the daily in and out flows, adjustments associated to seasonality and external factors, cross country funding
• Communicate with controllers on borrowing/investing requirements and cash flow forecasts
• Manage the opening and closing of bank accounts
• Manage signatory rights and authorities and related legal documentation
• Monitor the borrowing (debt) position of legal entities across NA and EU
• Maintain static data accuracy in treasury systems
• Maintain/report listing of current bank accounts in NA and EU
• Benchmark, track, and analyze bank service fees
• Provide support and training to local finance team on cash pool structure and management
• Lead treasury support service for administrative procedure while ensuring accuracy and timeliness of response to requests
• Support Shared Service Center on cash management issues
• Act as a liaison between local Finance Clerks and Banks' Treasury Services
• Participate in Global cash management initiatives

Supervisory Capacity: No Supervisory Responsibilities

Additional Responsibilities:

• Support compliance with internal control policy
• Partner with Accounting, Tax, Legal and FP&A regarding activities as they relate to Treasury Text
• Performs other related duties as required or requested

Education:

Bachelor's Level Degree; Area of Study: Accounting, Financeor similar.

*Equivalent work experience may also be considered for certain positions.

Required Qualifications:

• 5-7 Minimum Years of Experience in Finance, preferably with a multi-national company
• 3-5 Minimum Years of Experience within the industrial / automotive sector
• Excellent verbal/written communication skills
• Must demonstrate overall business acumen and ability to collaborate with cross-functional and geographic teams
• Proficient Excel, Word, Power Point skills
• Must be able and willing to travel and work at customer sites, including industrial manufacturing plants.

Preferred Qualifications

Experience with cash flow management and foreign exchange

Essential Common Requirements:

• Quality System: Understand, apply, and meet all function-related Quality requirements.
• Environmental, Health & Safety (EHS): Understand, apply, and meet all function related EHS requirements.
• Product Safety: Understand, apply, and meet all function-related Product Safety requirements.
• Compliance: Understand, apply, and meet all function-related Compliance requirements
• Information Security: Understand, apply, and meet all function-related IT / Information Security and confidentiality of YFAI information requirements.
• Must follow all company policies and procedures.
• Employee must have the ability to work added hours and / or overtime as needed or assigned to complete job duties on time.
• Ability to multitask, interact politely and professionally with customers, suppliers, and vendors, and work cooperatively with employees at all levels.
• Ability to keep predictable and regular attendance, arrive to appointed location on time, or be at assigned location ready to work for assignment.

Our Investment in You

• Competitive Compensation Packages
• Generous Paid Vacation, Paid Sick Leave and Paid Holidays
• Medical, Dental, and Vision Benefits from day one
• Competitive 401k Match
• Rewarding Healthy Behavior Program
• Life and Disability Insurance
• Supplemental Health Plans
• Employee Assistance Program
• Company Discount Program

Thank you for your interest in Yanfeng. As one of the world's largest automotive suppliers, we are creating the future of mobility as a collaborative, global team. With a focus on sustainability and innovation, as well as a commitment to diversity, equity, and inclusion, we are a company with an established history and a bright future.

In North America, Yanfeng is focused on enhancing the mobility experience through the design, development, and manufacturing of automotive interiors, seating, electronics, and passive safety systems. Founded in Shanghai in 1936, Yanfeng's history of innovation and craftsmanship have since expanded the business globally. Currently, Yanfeng has more than 240 locations and approximately 55,000 employees worldwide.

Become a part of something more. Join our team as we grow and create the future of mobility, together.

Yanfeng is committed to developing our employees through opportunities like development programs, continuous learning, mentorship, and volunteerism. Our industry-leading team is looking to recruit highly motivated and engaged talent. Upon joining Yanfeng, new employees will get a detailed introduction through our comprehensive onboarding process. Advance your career with personal and professional growth as a part of our global team!