Treasury Analyst Jobs

Position Summary

The Treasury Analyst manages and drives continuous improvement in processes related to funds coming into and going out of Profile Products and its related entities. The positions oversees the credit granting process and ensures that there is a consistent application of Company’s credit policy. The position assesses potential and current customer credit worthiness and liability including risk and establishes and updates credit terms for all customers. The position manages a third-party A/R collection support team by prioritizing focus of effort and coaching on communications. The position also manages the company’s daily funding and treasury needs including paying vendors, transferring funds to other entities, and monitoring bank balances across all entities to reduce interest expense on the company’s revolving line of credit. The Credit Manager is the key administrator for the T&E, credit card, and car lease programs. The position also plays a key role in the annual renewal of the business insurance coverage for all entities. The position provides financial analysis and support to the V&P of Finance as needed.

Duties and Responsibilities

• Identify opportunities for and drive continuous process improvement in credit, accounts payable, accounts receivable including collections, cash forecasting, and daily funding and treasury needs.
• Oversee the credit granting process and ensure consistent application of policies at all Profile-related entities including foreign entities. Assess potential and current customer credit worthiness and establish credit terms.
• Monitor Continuserve third-party A/R support team applying customer payments to ensure accounts receivable detail is accurate and up-to-date. Promptly correct customer invoices showing incorrect payment terms.
• Manage daily A/R collection efforts for all Profile entities working with the local teams and the Continuserve third-party A/R support team. Identify and track large past due customers and coach team members on strategy and communications.
• Contact larger past due customers directly to obtain payments; hold new orders for past due customers, negotiate new payment terms or settlements, charge interest on past due balances. Escalate collection efforts to senior management and sales team when warranted.
• Refer accounts to outside collection agency for further collection efforts as needed; assist with legal actions pertaining to those accounts.
• Manage the daily funding and treasury needs for all entities including transferring funds and paying vendors.
• Focus on minimizing company interest expense by paying down revolving line of credit daily whenever possible.
• Act as the key administrator for company’s T&E and car lease programs including onboarding new hires.
• Support annual business insurance renewal process including statement of values to third-party insurance brokers. Report incidents to Profile insurance brokers and internal parties.
• Assist in the integration of new acquisitions for various functions including credit policy, A/R collections, funding and paying suppliers, banking, T&E, and car lease policies.
• Ensure written SOPs for all processes are up-to-date and backup team members are trained on latest procedures.
• Provide financial analysis support to the Director of FP&A as requested.
• Perform other duties as assigned including creating reports as requested by management.
• Work with V&P of finance to help model short term and long-term liquidity outlook based on projected financial performance, CapEx spending, changes in net working capital, and one-time cash outflows.
• Work with V&P of Finance to build out AR & AP reporting automation

Job Requirements

Education and Experience: The requirements listed below are representative of the knowledge, skill, and/or ability required.

• Bachelor’s degree in Finance, Accounting, Business Management, or related field
• Credit and collections management and experience a plus

Essential Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Proficiency in financial software and cash management systems
• Strong analytical and quantitative skills for financial modeling and scenario analysis
• Knowledge of financial markets, instruments, and regulatory requirements
• Able to identify and lead continuous improvement initiatives in related functions
• Experience leading and mentoring team members to drive daily operations and achieve goals
• Excellent verbal and written communication skills with the ability to prepare and deliver clear, concise reports that are understandable by the target audience
• Proven ability to build relationships, communicate effectively, and present ideas confidently and persuasively
• Demonstrated ability to expand role and impact over time
• Ability to analyze and solve complex problems
• Mastery of credit principles and procedures
• Demonstrated understanding of state and federal laws pertaining to collection activities
• Excellent organizational skills and attention to detail
• Ability to keep information confidential
• Ability to exercise integrity and discretion
• Ability to remain professional in confrontational conversations
• Ability to meet deadlines in a fast-paced quickly changing environment
• Time management skills
• Strong computer skills that include proficiency with MS Office (Word, Outlook, Excel, Teams, and PowerPoint)
• Experience in using PowerBI a plus

Language Skills:

• Ability to read, write, and speak English; bilingual in Spanish preferred

Physical Demands: The physical demands described here 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.

• While performing the duties of this job, the employee is regularly required to talk or hear.
• The employee possesses the ability to fulfill and any all office activities normally expected in an office setting, to include, but not limited to: remaining seated for periods of time to perform computer entry, participating in filing activity, lifting and carrying office supplies (paper reams, mail, etc.)
• May require more than 40 hours per week to perform the essential duties of the position.
• The individual possesses fine hand manipulation (keyboarding) skills.

Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• This position works in internal office space setting.
• The noise level is usually moderate.
• This role routinely uses standard office equipment such as a computer, phone, printer/scanner, and filing cabinets.