Treasury Analyst

Reagan Madison Solutions Inc.; Louisiana; Hybrid; USD 70,000 - 110,000; Full time

Job summary

Reagan Madison Solutions Inc. seeks a Treasury Analyst to join the Finance team. You will collaborate with the Controller and FP&A to forecast cash, working capital, and liquidity, and to report on actuals vs. forecast.

You will manage daily cash, support borrowings, investments, and funds transfers, and maintain banking relationships to ensure covenant compliance. Hybrid work with on-site HQ involvement is expected.

Qualifications

• 5+ years accounting, reporting and forecasting experience required.
• 2+ years cash management experience required.
• Bachelor's degree in accounting or finance required.
• Extensive Excel experience and use of Power BI or Excel add-ons for ERP reporting.
• Strong analytical and problem-solving skills.
• Highly detail-oriented and organized.
• Ability to meet frequent reporting or transactional deadlines.
• Proven ability to work independently and collaboratively across the organization.

Responsibilities

• Maintains the rolling cash forecast model (including 13-week cash flow).
• Analyzes trends and variances to forecasts; provides written analysis.
• Prepares reports to maintain compliance with asset-backed debt facilities.
• Reconciles daily cash position and supports debt borrowing needs.
• Manages banking relationships and initiates banking transactions.
• Assists with hedging activities and bank service cost assessments.
• Supports ERP enhancements and audits; participates in special projects.

Skills

Forecasting experience

Excel proficiency

Analytical skills

Detail-oriented

Independence & collaboration

Education

Bachelor's degree in accounting or finance

Tools

Power BI

Excel add-ons

Job description

The Treasury Analyst is a key member of the Finance team who collaborates daily with the Controller and FP&A organizations to develop cash, working capital and liquidity short term and long-range forecasts and to deliver, report on and analyze actual performance against forecast. This includes determination of the Company’s daily cash position and initiation of transactions in connection with borrowings, investments, and funds transfers. The Treasury Analyst is also responsible for establishing and maintaining banking and lender relationships and monitoring and reporting on adherence to debt covenants. This role is responsible for a unique set of reporting and transactional requirements and deadlines which must be adhered to by the Company to maintain compliance with our banking and lender agreements.

PRIMARY DUTIES:

Working in Finance, the Treasury Analyst will be responsible for the following primary duties:

Cash Management

• Maintains the rolling cash forecast model, including trade working capital and borrowing base (a.k.a., the 13-week cash flow forecast)
• Analyzes trends, variances to forecasts and provides written analysis
• Prepare calculations, reports necessary to maintain compliance with our asset-backed loan and notes
• Prepares and reconciles the corporate daily cash position, including debt redemption/ borrowing needs
• Funds all bank accounts
• Assists with commodity and currency hedging
• Maintains the Company’s banking relationships and portfolio by coordinating bank account openings, closings, changes, and updates to authorized signatories by preparing and submitting all required legal documentation.
• Develops and maintains a bank account matrix and filing system to include authorized signatories and on-line access authority.
• Maintains critical treasury activities checklist and ensure compliance.
• Maintains banking software, provides technical support / training to end users and research / develops business cases for value-add recommendations to improve processes and reduce costs.
• Works with all banks to monitor effectiveness and cost of services provided, such as basic banking services, lockboxes, credit card processing, etc.

Special Projects

• Assists in meeting department and corporate goals by actively participating on special projects teams IE: ERP enhancements and upgrades, credit card activity and fee analysis, etc.
• Assists auditors in connection with lender-related and financial statement audits

Required Skills/Experience:

• 5+ years of accounting, reporting and forecasting experience required.
• 2+ years of cash management experience
• Bachelor's degree in accounting or finance required.
• Extensive Excel experience and use of additional tools such as Power BI or Excel add-ons to develop reporting from ERP databases.
• Strong analytical and problem-solving skills.
• Highly detail-oriented and organized.
• Ability and interest in working in a role with frequent and recurring reporting or transactional deadlines.
• Proven ability to work both independently and collaboratively across the organization.

Remote Working:

This role is most effective through establishing relationships with other finance team members and the Managership team and understanding the financial processes and systems utilized by The Company. It is also important for this role to see the operations in HQ City as context to understanding the business and culture. At the same time, many of the day-to-day activities do not require presence in HQ City. The initial assessment of the ability for this position to work remotely is as follows:

First 6 months: minimum of 25% of time in HQ City per month.

Thereafter: 0% - 25%

The ultimate timing and extent of remote work vs on-site work flexibility will be assessed after the initial six-month period and will depend largely on the success of the individual in this role to meet the challenging objectives for this position, including integration and assimilation into the organization. For the avoidance of doubt, this role works exclusively for the Company. The Treasury Analyst must disclose if they are currently employed or self-employed. Upon joining the Company, employees may not engage in other employment or self-employed work without expressed approval by the Company. The purpose of the foregoing is to ensure that Company’s objectives for this role are the primary focus of the individual and that the objectives of the role and development of the individual are achieved.