Treasury Analyst

  • Company:
  • Location:
  • Salary:
    negotiable / monthly
  • Job type:
  • Posted:
    4 weeks ago
  • Category:
    Business / Mgmt

Role:The Treasury Analyst will be responsible for the reconciliation of several bank accounts and the Company’s cash operations such as cash forecasting, managing debt obligations, and investing excess cash. This role will also manage the Company’s corporate insurance program to ensure the proper levels of coverage is provided. The successful candidate must have the ability to build and maintain strong relationships with the Canadian and Japanese banks. Qualifications: 1 – 3 years of related treasury experience working in the oil & gas sectorBachelor’s degree in Accounting or FinanceNewly professional designation (CPA, CTP, CFA. etc.) Working Experience with QByte – FM Accounting System and proficient with MS Office applicationsRequires mathematical aptitude and attention to detailEffective interpersonal and communication skills that is customer focusedAbility to work in a Team Environment with people of diverse disciplines, backgrounds, and culturesAbility to be flexible and to adapt to changing circumstancesDemonstrates the initiative in identifying, taking on projects and dutiePrimary Responsibilities:Cash Management:Analyze cash flow through interaction of multiple departments to create an accurate cash forecast and maintain a minimum cash balance for short term cash requirements. Keep savings accounts with enough funds as to cover mid-term cash needs.Report daily to manger the current cash position and cash requirements.Keep real time tabs on FX markets to maximize dollars when selling/buying foreign currencies. This may include providing standing trade orders with banks to achieve internal targets for exchange rates based on current global events. Make manual bank payments in a timely and accurate manner.Maintain wire request forms and documents both physically and online.Work closely with AP to insure weekly payment runs are executed in a timely manner.Manage Investments:Knowledgeable with understanding the cash flow cycle, maintain an investment profile that maximizes ROI while still providing enough liquid cash to cover expenditures. Negotiate term deposit/GIC rates with multiple banks in a narrow time period to maximize investment returns.Bank Relationships:Arrange meetings regularly with the banking representatives to review the Company’s banking and business needs and to ensure they are meeting our expectations with support.Responsible to maintain records by ensuring they are up to date.Negotiating the bank fee terms as required.Debt:Governing over the debt agreements, payment schedules and processing payments on time.Monitor and report on debt covenant obligations.Insurance:Maintain insurance program and provide policy information to departments on an as needed basis.Annually calculate information for broker (such as business interruption calculations) so as to correctly cover assets while not over paying premiums for unneeded coverage. Manage insurance claim process.Credit Analysis:Work with purchasers to complete credit applications in a timely manner.Develop credit limits for potential purchasers of oil.Budgeting & Forecasting:Support FP&A department in gathering, interpreting and inputting budget info.Perform quarterly competitor benchmarking analysis.Working Conditions:This position is located at the Calgary Head Office, working Monday to Friday – 37 hours per week