Treasury Analyst

Hanon Systems; Novi (MI); On-site; USD 65,000 - 90,000; Full time

Job summary

Hanon Systems in Novi, MI is seeking a Treasury Analyst to manage daily cash pool consolidation, process cash requests, and support executive reporting. You will maintain cash flow files, track banking movements, and participate in month-end close.

The role requires 3–6 years in corporate treasury, a Bachelor’s in finance or accounting, strong Excel skills, and experience with SAP treasury modules. Youll liaise with banks, perform variance analyses, and uphold SOX controls in a fast-growing

Qualifications

• 3 to 6 years of corporate treasury and cash management experience.
• Ability to quickly understand complex transactions and provide direction to treasury team.
• Strong analytical and problem-solving skills in a fast-paced environment.
• Experience with banking relationships and reconciliations.
• Proficiency in Excel and data analysis for reporting.

Responsibilities

• Update cash pool file with actual banking movements based on statements and FX needs.
• Monitor daily cash pool tracker with forecast for up to two weeks and reconcile for reporting.
• Execute manual wire transfers related to payroll, benefits, and tax.
• Prepare Local NOVI cash flow forecast file/uploader file for monthly submission.
• Update V-cash reporting on a monthly basis.
• Assist Treasury Manager with month-end close duties and bank movement calculations.
• Prepare closing balance of cash pool and interest based on average balances.
• Process/collect quarterly interest and netting payments for approval.
• Download bank statements and perform analysis for US and MX locations.
• Attend weekly Central Treasury meetings and liaise with banks to address account issues.
• Support treasury reporting and development of treasury compliance policies.

Skills

Excel

Treasury management systems

SAP ERP

SOX IC controls

Education

Bachelor's degree in finance or accounting

Tools

SAP ERP

Job description

A Treasury Analyst is responsible for managing daily consolidation of cash pool balance and cash requests for executive reporting. Monitoring the local entity treasury cash pool

Maintain monthly reporting files.

Key responsibilities

• Update CF file with actual banking movements based on bank statements and daily cash management including cash transaction and FX needs


• Monitor daily cash pool tracker with actual banking movements and forecasted amount for up to two weeks out. Reconcile/update file for reporting


• Execution of Manual Wire Transfers related to Payroll, Benefits, and Tax


• Prepare Local NOVI Cash Flow Forecast File/Uploader File for monthly submission


• Update V-cash reporting on monthly basis


• Assist Treasury Manager with month-end close duties. Calculate bank movements for CPH


• Prepare closing balance of CP and interest based on the average daily balances for cash pool. Process/Collect Quarterly interest


• Prepare Netting payment /send for approval/enter amount in the bank as a payment


• Download Bank Statements and Analysis from BofA and Citibank for US and MX


• Attend weekly Central Treasury Meetings


• Sending/responding to emails


• Liaise with banks to address any account issues and queries for US locations


• Internal Control: SOX, IC related activities, and audit related matters


• Support Regional Treasury manager with treasury reporting and special projects


• Support the development of Treasury Compliance Policies

Years of Experience

3 to 6 years of experience working in a corporate Treasury department and Cash Management/Finance

Degree Preferred

Bachelor’s degree in finance or accounting

Experience & Qualifications

• Ability to quickly understand complex transactions and provide direction to treasury team


• Support accounting team regarding impacts on accounting for month end


• Problem solving and analytical abilities where problems are complex


• Banking Relationships


• Detailed variance analysis and building solid analytics for reporting


• Comfortable in a fast-moving, high-growth environment with evolving processes and priorities


• Experience with treasury management systems, ERP systems (SAP)


• Proficient in Excel software