What are the responsibilities and job description for the Sr Treasury Analyst position at Vestis?
Overview:
The Senior Treasury Analyst is a key member of the Treasury Team and will support the group with Treasury Operations tasks and capital markets activities. This includes assisting with the development of cash management treasury solutions for both US and Canada and business segments of the company. This position is responsible for maintaining all cash transactions for VESTIS. Initiates and coordinates all funds movement as required. Position transfers funds and support online bank portal activity daily.
Responsibilities/Essential Functions:
- Initiates, monitors, and controls the operation and maintenance of FIS Integrity Treasury Workstation System.
- Reviews, verifies and processes domestic and international wire and ACH transfers daily across multiple banking platforms.
- Sets up all repetitive and one-time wire transfer templates within the system and coordinates approval process with the Treasurer.
- Controls and maintains the daily transaction log of all funds movements through FIS Integrity System.
- Ensures all fund transfers are authorized and validated according to Vestis Policy and guidelines.
- Generates and distributes daily, weekly, and monthly reporting from FIS Integrity and bank portals. (Funding reports, statements, and banks portal reporting)
- Perform daily stop payment activity and bank exceptions. Be able to communicate with bank partners to resolve issues with bank files or requesting assistance for other bank related issues. Perform other bank online functions.
- Coordinates daily cash position and weekly cash analysis for Vestis with the Treasurer.
- Function as Administrator for five bank portals (Includes FIS) for User Setups and Entitlements.
- Responsible the posting of cash transactions to the Oracle General Ledger for both US and Canada. Prepare journal entries for various accruals, actual expenses, reserves, cash activity, etc. Clearly document sources of data and reasoning for entries
- Reconcile monthly assigned corporate bank accounts timely and accurately and work to resolve unreconciled items timely with individual departments.
- Assists with the SOX/Compliance audits.
- Perform other duties as required or assigned which are within the scope of the activities enumerated above.
Knowledge/Skills/Abilities:
- Must have a high level of organization skills, integrity, and accuracy.
- Strong Knowledge with cash/bank management systems, and ability to process wires and ACH both domestic and international payments.
- Three to Five Years relevant experience, accounting, financial analysis, and cash management
- Excellent planning and time management skills with ability to meet deadlines.
- Excellent communication skills both written and verbal.
- Excellent customer service skills.
- Strong attention to details; Strong analytical and problem-solving skills.
- Proactively look for ways to continue to improve the efficiency of the cash processes.
- Excellent skill set in Microsoft Office Suite (Word and Excel).
- Ability to work independently
Working Environment/Safety Requirements:
No special physical requirements for this position. Position is situated in an office environment.
Experience/Qualifications:
- Must have Treasury Systems Experience (i.e., FIS Integrity or any Treasury Workstation System and various bank web portals)
- Strong attention to details.
- Effective communication skills.
- Oracle and Power BI Query experience is preferred.
License Requirements/Certifications:
Bachelor’s degree in finance or accounting required.
