Treasury Analyst

Socket.dev; Grand Rapids (MI); On-site; USD 85,000 - 110,000; Full time

Job summary

Socket.dev is seeking an experienced treasury professional to oversee month-end closings, bank reconciliations, and FX risk management. The role includes reporting to our international parent company and maintaining banking relationships.

Ideal candidates will have a Bachelor’s degree in accounting or related field, at least five years in finance or data analytics, advanced Excel, and familiarity with SAP. This position is based in Grand Rapids and requires strong organizational and

Qualifications

• Bachelor’s degree required; five years in finance/accounting/data analytics preferred.
• Advanced Excel proficiency required; SAP knowledge desirable.
• FX exposure and management experience advantageous.

Responsibilities

• Perform treasury month-end closings, reconciliations, and treasury journal entries.
• Assemble data for reporting to international parent company in their format; respond to parent questions.
• Manage hedging, foreign currency contracts and FX exposure/risk.
• Reconcile banks and cash; maintain banking relationships and problem solve.
• Handle intercompany transactions, invoicing, and reconciliations.
• Monitor balance sheet and income statement accounts for reasonableness; resolve issues.
• Update cash line sheet and record daily transactions accurately.
• Conduct credit analysis; cash management; bank investments.
• Monitor monthly cash flow and forecasting; support international payments/collections in multiple currencies.

Skills

MS Office

Analytical thinking

Communication

Detail orientation

Multi-tasking

Education

Bachelor’s Degree in Accounting/Business Administration or related field

Tools

SAP

Job description

POSITION SUMMARY

This position is responsible for a wide variety of tasks and functions related to treasury activities.

ESSENTIAL FUNCTIONS

• Treasury month end closing tasks, reconciliations, and journal entries related to treasury activities
• Assist with assembling and reporting data for reporting to our international parent company in their format, and in answering questions from the parent company on financial results
• Responsible for hedging, foreign currency management/contracts and foreign exchange exposure/risk
• Banks and cash reconciliation
• Maintain relationship with banks, including communication and problem solving
• Responsible for intercompany transactions, invoicing, and reconciliations
• Monitor various balance sheet and income statement accounts for reasonableness and appropriateness, resolving any open issues found
• Update cash line sheet and ensure proper recording of all daily transactions
• Perform credit analysis
• Cash Management
• Bank Investments
• Monitor monthly cash flow and forecasting
• International payments and collections with different currencies

QUALIFICATIONS

• Bachelor’s Degree in Accounting, Business Administration or related field
• Minimum of five years of related experience in finance, accounting, or data analyst role
• Advanced Excel spreadsheet knowledge
• SAP knowledge, desirable
• FX exposure and management

SKILLS & ABILITIES

• Proficiency in MS Office suite
• Analytical thinking
• Strong written and verbal skills
• Ability to handle many details and maintain accurate records
• Ability to multi-task and demonstrate a high level of organizational skills

WORK ENVIRONMENT

• Typical office environment