What are the responsibilities and job description for the Treasury & Credit Analyst position at Vallourec North America?
As a Treasury and Credit Analyst, your main responsibilities include balancing daily cash and allocating funds within the cash pool, initiating and processing both scheduled and off-cycle payments, and conducting timely credit reviews for new customer applications. Additionally, you will complete quarterly declarations for trade credit insurance, generate and provide management with scheduled and ad-hoc reports, and offer support and backup for various functions.
Key Responsibilities
Treasury Support
- Complete twice daily cash balancing activity and prepare daily cash position report of all incoming and outgoing cashflow
- Generate the daily/weekly/monthly cash reports for management review
- Monitor incoming/outgoing payments and ensure cash availability for working capital purposes for all NA entities in corresponding bank accounts
- Process all requests for outgoing electronic payments after appropriate approval, both scheduled and off-cycle
- Create/modify ACH/Wire templates for approval.
- Generate and distribute payment confirmation detail
- Review and action exception items including ACH Positive Pay and distribution of returned payments detail
- Review/recommend transfer amounts for repatriation of excess cash daily/as needed
- Prepare payment forms for distribution of cash pool funds and load payments into the bank system
- Verify banking transactions and investigate/resolve any discrepancies
- Complete remote check deposits daily or as needed, and distribute support documentation as applicable
- Generate and load prior week actual activity into Taiga forecasting system, along with associated variance reporting
- Setup/modify banks in SAP for management review/approval
- Maintain security and confidentiality of financial records and Treasury related activities/transactions
- Provide assistance to Cash Supervisor on various special projects
- Perform other Treasury duties as assigned
Trade Finance Support
- Perform timely credit reviews for new customer applications as established by company policy and assign credit limits as applicable
- Obtain third party credit reporting data via provider platforms for department use and for internal stakeholder requests
- Apply for and obtain trade credit insurance decisions on selected customers as needed
- Complete buyer reviews as requested by trade credit insurance provider
- Communicate timely with internal and external stakeholders related to credit applications, credit reviews, and trade credit insurance information
- Maintain customer credit information via internal relational database program
- Review and complete third-party trade reference requests
- Generate and distribute monthly credit dashboard information to designated stakeholders
- Complete the quarterly trade credit insurance declarations process for review with the department manager
- Compile the quarterly ROCC (Regional Operational Credit Committee) presentation for internal stakeholders
- Perform updates to the Credit Management procedures manual
- Execute customer master data additions/updates
- Other Trade Finance duties as assigned
#LI-KW3, #LI-Onsite
Skills
- Capable of working independently with minimal supervision.
- Excellent written and verbal communication abilities.
- Highly detail-oriented with strong analytical skills.
- Proficient in presentation and organization.
- Advanced skills in Excel, Word, and databases, with experience using finance tools.
- Strong cash management and financial acumen.
- Intermediate negotiation skills.
- Experience with ERPs, preferably SAP.
- Customer service oriented.
Education/Experience:
- Bachelor's Degree in Finance, Accounting, or Business Administration.
- Certified Treasury Professional designation is preferred but not required.
- Background in Treasury Operations with experience in cash management.
- Experience in credit and risk management, particularly in Trade Credit.
- Familiarity with Treasury Workstations and Bank Systems.
