What are the responsibilities and job description for the Treasury Analyst position at Magneto and Diesel Distributors?
About M&D
For the past 80 years, M&D has led the aftermarket in remanufacturing innovation to address technological advancements and changing customer needs. In the past few decades, we have expanded beyond our remanufacturing roots to develop close (and sometimes exclusive) partnerships with the world's leading OEMs and manufacturers.
Those partnerships with key suppliers like Bosch, Garrett, Federal Mogul, Cummins, Stanadyne, Holset, BorgWarner, Delphi, Yanmar, Mitsubishi, Denso and others have been critical in honing our remanufacturing capabilities and expanding our parts offering to include new, no core options in fuel injectors and fuel pumps, diesel engine cylinder heads, blocks, crankshafts and connecting rods. M&D also stocks a complete assortment of turbos (new and remanufactured), inframe overhaul kits, filtration and aftertreatment parts including DPFs, DOCs, EGRs, sensors and other engine parts.
Our strong remanufacturing roots combined with our 48 branch locations, a nationwide outside sales team of 25 and our close OEM & Manufacturer partnerships make us unique in the industry - no one understands diesel engine failure analysis and parts better than M&D . WE FUEL UPTIME .
Position Summary
The Senior Treasury Analyst analyzes the company's cash positions bank account activity. This position will compile short-term (up to 13-weeks) and long-term cash (up to 12-months) cash flow forecasts and coordinate the movement of excess or deficient cash positions between accounts. Cash forecasts will be both local, in regard to operations in Mexico and Canada, and consolidated across the United States. Currently this position does not have any direct reports but will require you to interact with personnel across the organization.
Essential Duties and Responsibilities :
The essential functions include, but are not limited to the following :
- Daily cash reporting including opening balances (gross and net), prior days cash deposits and summaries of activities
- Weekly preparation of 13-week cash flow analysis including retrospective analysis of prior estimates for cash receipts and payments
- Daily treasury operations including but not limited to, setting cash position, disbursement processing, positive pay, account transfers, and cash consolidation / concentration.
- Coordinating wire transfer approval process, including initiating wires, maintaining bank templates and posting completed transactions to accounting system
- Debt administration, including tracking and reconciliation of accrued interest, processing debt borrowings or paydowns, letters of credit, and ensuring all compliance reporting requirements have been submitted as required
- Perform month-end closing processes within Treasury, ensuring tasks are complete
d timely in compliance with Company policies and control
Requirements
Minimum Qualifications (Knowledge, Skills, and Abilities)
Physical Demands and Work Environment
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
Note
This job description in no way states or implies that these are the only duties to be performed by the employee(s) of this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.
M&D provides equal employment opportunity to all qualified applicants and employees without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, marital status, familial status, disability, military status, and genetic information.
