Job Details
Position Description
Purpose
Under general supervision, performs complex financial analysis, forecasting and modeling for the Treasury function to control the daily, monthly and yearly exposure or positioning of the company's cash. Specifically, conducts financial, statistical, and analytical studies; prepares and assists in the preparation of financial reports, statements, journal entries and claims for reimbursement according to prescribed guidelines; performs related duties as required.
Focus & Scope
Essential duties and responsibilities, i.e. those which are basic, necessary, and an integral part of the job, are indicated below:
Technical / Specialty Area
- Completes daily cash report and forecasts cash flow to determine actual cash position of the company; determines the placement of funds either via bank transfers into and out of investment accounts; prepares related reports and journal entries, invests cash and reconciles transactions by comparing and correcting data.
- Administers capital leases and conducts lease analysis to determine available financing options that will improve financial status; interprets data affecting investment programs, such as price, equipment usage patterns and terms, stability, future trends in investment risks, and economic influences to identify and make recommendations for financial value opportunities; considers tax implications.
- Conducts post investment review to evaluate the spend and controls of programs in order to evaluate and benchmark profit and cost efficiencies; assembles, interprets and summarizes data; prepares reports and models; makes presentations of findings, analyses, and recommendations.
- Prepares complex financial analysis and modeling as requested or required by Treasurer or other management in order to assess cash flow demands and impact for the company; insures company performs within metrics and parameters of the bank's financial requirements; assists internal customers in compiling data and interpreting legal reporting requirements and regulations; creates and maintains statistical reports; plans and monitors timelines to meet strict deadlines in reporting regulations; reviews and verifies statistical and financial information including independent audit reports and long-term debt documents.
- Analyzes financial information to produce forecasts of business, industry, and economic conditions for use in making investment and spending decisions; identifies profitability of potential mergers and acquisitions or public/private partnerships by analyzing metric information; calculating key ratios; identifying areas of tax savings.
- Responds to audit inquiries in a timely manner; as required, make calls to the bank directly to clarify adjustments or to clarify items on the bank statements in order to reconcile activity or properly code it; liaise with auditors to confirm bank balances as of a certain date.
- Compiles and prepares financial prequalification information required to bid jobs, and maintains and updates existing project qualification financial information; compiles financial related information from various sources such as summaries of past projects, balance sheets and financial statements, and either enters information into requestors website or prepares prequalification package; updates prequalification log.
- Reviews monthly Days Sales Outstanding (DSO) reports for management decisions regarding accounts with past due balances and considers impact on cash flow and cash balances.
- Visibly supports and ensure adherence to Teichert's Injury Prevention and Safety program, the implementation/interpretation of safety programs, and active participation in safety meetings and training sessions.
- Administers treasury products and services with financial partners (accounts, merchant processing, on-line reporting, authorities, authorizations, new account setups and supplies).
Relationships, Qualifications, and RequirementsKey Relationships
Reports to:
Direct Reports:
External Customers:
Internal Customers:
- Credit Manager, A/P and A/R staff, Equipment Manager, Senior Managers
Role Qualifications & Requirements
Education:
- Bachelor's degree in Accounting, Finance or Economics, or equivalent combination of education and training. CPA or MBA desirable.
Experience& Industry Expertise:
- Minimum of three years' experience in banking, cash management, reporting consolidation and financial analysis, preferably in a treasury or finance environment.
- Accounting/GAAP knowledge
- Treasury operations experience
- Knowledge of principles and techniques used in conducting management studies, system analyses and financial analyses
- Knowledge of internal control systems and procedures
Specific Job Requirements:
- Successful completion of pre-employment drug, alcohol, and background investigation
- Valid Driver's License
- Skilled in following safety practices and recognizing hazards
- Ability to prioritize work and follow through to timely and accurate completion critical
- Ability to preserve confidential and proprietary information and successfully avoid conflicts-of-interest
- Strong initiative and ability to manage multiple projects as well as strong follow through skills
- Skill in preparing complex management reports on a timely basis
- Skill in the use of personal computers and related financial and statistical software products, including proficiency with excel, PowerPoint and report-writing (Crystal)
- Ability to analyze information and to solve difficult problems using rigorous logic and sound reasoning
- Effective communication skills: verbal, written, and listening
- Ability to work well with multiple departments and styles
- Ability to work independently under minimal supervision
- Ability to research, retrieve and organize data to prepare reports and financial documentation; analyze and audit data to detect and correct errors
- Accurately perform complex mathematical computations
- Must be detail oriented with strong organizational and analytical skills
Competencies
- Analytical
- Business Awareness
- Communications
- Organization and Management
- Relationship Management
- Customer Focus
- Learning Orientation/Innovation
- Judgment and Decision
- Action Oriented
Position Description Cont.Equipment Used, Physical Demands and Work EnvironmentEquipment Used:
- Personal computer, telephone, copiers, shredder
Physical Demands & Work Environment:
The physical demands and work environment characteristics are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Physical: Sitting for long periods of time working at the computer. Some lifting of materials and equipment up to 40 lbs. Close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus. May work long hours during peak seasons, closings and system upgrades.
- Work Environment: May work various shifts or hours, including early mornings, dusk or evenings. Typical office environment with adequate temperatures and lighting, low levels of noise.
BASE SALARY RANGE:$95,000.00 - $133,000.00
The range displayed reflects the range the company reasonable expects to pay for the position. The actual base salary is subject to variation due to the role, level, geographic location, relevant education, training, or experience, among other factors.
Employer Disclosure Statement The above statements and job description is intended to describe the nature and level of work being performed within this job. They are not intended to be an exhaustive list of all responsibilities, duties, and tasks. Other similar or additional duties are performed as assigned.
Equal Opportunity EmployerTeichert and its subsidiaries are proud to be an equal opportunity workplace. Individuals seeking employment at our company are considered without regards to age, ancestry, color, race, gender (including pregnancy, childbirth, or related medical conditions), gender identity or expression, sexual orientation, genetic information, marital status, medical condition, mental or physical disability, national origin, protected family care or medical leave status, religion, military or veteran status, or any other characteristic protected by federal, state, or local laws.
Notice to Staffing AgenciesTeichert, Inc. and its subsidiaries ("Teichert") will not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to Teichert, including unsolicited resumes sent to a Teichert mailing address, fax machine or email address, directly to Teichert employees, or to Teichert's resume database will be considered Teichert property. Teichert will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume. Teichert will consider any candidate for whom an Agency has submitted an unsolicited resume to have been referred by the Agency free of any charges or fees. Agencies must obtain advance written approval from Teichert's recruiting function to submit resumes, and then only in conjunction with a valid fully-executed contract for service and in response to a specific job opening. Teichert will not pay a fee to any Agency that does not have such agreement in place. Agency agreements will only be valid if in writing and signed by Teichert's Human Resources Representative or his/ her designee. No other Teichert employee is authorized to bind Teichert to any agreement regarding the placement of candidates by Agencies.