Treasury Analyst

Description

• Review bank transactions and prepare analysis of the daily cash position for senior management
• Include daily payment processing to fund vendor payments
• Provide analysis to determine daily and weekly (7 day rolling) borrowing needs and cash investment requirements
• Calculate the weekly cash flow forecast
• Analyze AP vendor and AR customer payment terms
• Liaise with banks to secure appropriate funding/investment from revolving line of credit
• Prepare and enter journal entries for cash activity in Oracle general ledger to ensure consistency with bank statements
• Prepare weekly summary detailing sources and uses of cash to be provided to senior management as necessary
• Work to optimize the bank account structure
• Analysis and maximization of payment float (time between check issue and clearance) for different accounts
• Analysis of payment options for vendors moving to electronic payment method
• Partner with accounting department on general ledger bank account reconciliations by providing information and researching queries/variances
• Prepare and enter correcting journal entries
• Prepare weekly and monthly interest expense entries for P&L, input into Oracle GL
• Maintain dashboard and provide management with an annual interest budget for treasury
• Prepare materials for bondholders and vendors to provide clarity on the financial story of the company
• Prepare monthly asset collateral analysis and quarterly bank covenant reporting and other detailed analytics to support the company's borrowing

Qualifications

• Bachelor's Degree - Accounting Finance
• 2-5 years of relevant experience, including understanding key accounting principles

Skills

• Demonstrated proficiency in Excel
• Experience with financial systems and software (e.g. GL package, Financial reporting system) preferred

About the Role

The Treasury Analyst will prepare, execute and track daily cash transactions for the company, and analyze the daily borrowing and investment position. This includes preparation of weekly and daily cash forecasts, and development of annual budgets for interest and debt.

Benefits

No benefits are mentioned in the job posting.

Pay

No pay details are provided in the job posting.

Schedule

No schedule details are provided in the job posting.

Company

C&S Wholesale Grocers, LLC is an industry leader in supply chain solutions and wholesale grocery supply in the United States. Founded in 1918 as a supplier to independent grocery stores, C&S now services customers of all sizes, supplying more than 7,500 independent supermarkets, chain stores, military bases and institutions with over 100,000 different products. C&S also proudly operates and supports corporate grocery stores and services independent franchisees under a chain-style model throughout the Midwest, South and Northeast. We are an engaged corporate citizen, supporting causes that positively impact our communities. Working Safely is a Condition of Employment at C&S Wholesale Grocers, LLC. C&S Wholesale Grocers is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class.