Treasury Associate - Part Time Contractor

Treasury Associate - Part Time Contractor 
Ann Arbor, MI
Term - 3 months
Note - Role is Part Time - requesting 4 hours each day during core hours (8am-5pm)

RESPONSIBILITIES AND DUTIES

(40%) Cash Management

• Compile daily cash position reporting
• Complete daily redemption or investment of certain bank accounts
• Complete international and domestic wire or ACH payments
• Document non-routine payment processes
• Facilitate the maintenance of banking workstation payment templates
• Utilize online banking workstation to troubleshoot and solve payment issues
• Monitor bank accounts to ensure positive bank balances
• Maintain appropriate internal controls and adhere to company policy and procedures. Ensure no significant deficiencies or material weaknesses, as defined by the Sarbanes-Oxley Act.

(30%) Asset Backed Security (ABS) Reporting

• Record daily ABS bank and payment activity for documentation and analysis
• Compile and deliver weekly, periodic and quarterly required ABS reporting
• Reconcile all ABS payment and funds flow activity
• Compile quarterly ABS covenant documentation

(20%) Cash Flow Analysis and Forecasting

• Compile weekly cash flow variance analysis for management
• Compile periodic cash flow forecast and budget for flash projections

(5%) Bank Account Maintenance

• Facilitate the updating and documentation of appropriate signers for all bank accounts
• Coordinate with external auditors and banks to ensure the receipt of bank account confirmations
• Maintain a list of banking contacts

(5%) Analysis and Ad-Hoc Requests

• Complete ad-hoc analysis of treasury-related questions (e.g., historical interest income and rate) and present solutions to Treasury team
• Perform analysis on certain income statement expenses, including bank fees, interest income, interest expense and present to Treasury team
• Assist the Treasury team with process improvements and enhanced reporting

QUALIFICATIONS

• Bachelor's degree in Finance or related field required
• 1-2 Years Finance, Accounting, or Treasury Experience preferred
• Strong working knowledge of Microsoft Excel and Microsoft Word
• Detail oriented with good written and verbal communication skills
• Time management, organizational, analysis and reconciliation skills
• Ability to independently work through dynamic Treasury processes
• Availability to perform necessary Treasury operations in contingency situations