Treasury Specialist from System One
Pittsburgh, PA 15219
About the Job
System One is seeking an enthusiastic self-motivated Treasury Specialist who thrives in a fast-paced environment. The successful candidate is comfortable performing a wide range of tasks from administrative to strategic. The position is based in Pittsburgh, PA.
About Us:
A career at our Client will help create a legacy. With operations in every corner of the world, our work goes to the cutting-edge of digital transformation and technology. From the multi-cultural strength of our global organization to the sustainable and innovative ways we work to bring people together, there’s something for everyone to get stuck into. And that’s where you come in.
Accountabilities:
Bachelor’s Degree in Finance, Accounting, or Business Administration
Languages
English Proficiency
Benefits
Our Client employees enjoy a comprehensive benefits package including Competitive Pay, Medical, Dental and Vision Insurance, Short & Long Term Disability, Life & Accident Insurance, Flexible Spending Accounts, a Retirement Savings Plan, and Paid Vacation. We also offer a number of Work/Life Programs such as Flextime and a variety of Training and Development opportunities.
#LI-TG1
About Us:
A career at our Client will help create a legacy. With operations in every corner of the world, our work goes to the cutting-edge of digital transformation and technology. From the multi-cultural strength of our global organization to the sustainable and innovative ways we work to bring people together, there’s something for everyone to get stuck into. And that’s where you come in.
Accountabilities:
- Responsible for the main daily activities for Treasury Operations of the company – updating daily cash reporting, cash commitments, electronic payment monitoring and reporting, manual check monitoring and reporting and clearing activity; be the main Treasury Operations resource in the team; all of this is in support of analysis related to actual cash flow, anticipated cash flow and financial position analysis
- Responsible for the communication with bank contacts at approximately four to six major prime banks in the United States and Canada for daily operations, troubleshooting, account maintenance and updates
- Review and approve electronic payments sent from SAP directly to the bank for one main division of the company
- Review and approve bank fee and account analysis statements for reasonableness and validity
- Prepare all bank reconciliations on a monthly basis
- Record required general ledger postings in SAP ERP system and support in the closing of the general ledger during each monthly closing process (clearing entries, bank fees, interdivisional and intra-legal entity loans)
- Support strict adherence to all company internal controls and in the execution of internal and external audits
- Support the follow up of foreign currency transactions/ hedges with business owners, and processing them in SAP ERP system
- Understand and utilize IT tools management for daily treasury operations
- Participate and support on-time, integrated and compliant financial and treasury reporting
- Participate and potentially lead projects within the function such as 1.) transitioning to more electronic payments from checks and 2.) implementing automatic bank communication methods from the ERP system for a division of the company
- Prepare monthly reporting packages for cash flow utilizing Excel and OneStream separately and how the tools interface together
- Interface with a Global Treasury team in Italy ; specifically assist in the accounting and reporting for surety and bank guarantee activity
- Assist with the preparation of the cash flow budget, forecast and plan, ensuring it is accurate and in line with business expectations
- A minimum of 5 years of experience & gained expertise
- Experience with treasury operations
- Experience with SAP or similar Enterprise Resource Planning System
- Experience with bank (electronic transfer and approval) software
- Skills in Excel at advanced level
- Experience with OneStream, Oracle Hyperion, or similar consolidation tool
- Experience with foreign currency cash flow hedges and fair value hedges
Bachelor’s Degree in Finance, Accounting, or Business Administration
Languages
English Proficiency
Benefits
Our Client employees enjoy a comprehensive benefits package including Competitive Pay, Medical, Dental and Vision Insurance, Short & Long Term Disability, Life & Accident Insurance, Flexible Spending Accounts, a Retirement Savings Plan, and Paid Vacation. We also offer a number of Work/Life Programs such as Flextime and a variety of Training and Development opportunities.
#LI-TG1
#M1