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Gates Corporation · 2 weeks ago

Treasury Intern

Denver, CO

Internship

Onsite

Intern

$20/hr - $25/hr

Gates Corporation is a leading manufacturer of application-specific fluid power and power transmission solutions. They are seeking a Treasury Intern to assist in managing intercompany loan balances and improve treasury processes.

Industrial Automation

No H1B

Responsibilities

Take inventory of intercompany loan balances in Kyriba, ensuring all outstanding loans are accurately reflected in the Treasury Management System (TMS)

Update loan terms in Kyriba, including maturities, interest rates, and other key details in accordance with company policies and risk ratings

Add new intercompany loans to Kyriba and ensure all related documentation is complete and properly filed

Review and update intercompany loan agreements to reflect current terms, including extensions of maturities and adjustments to interest rates based on entity risk ratings

Identify intercompany balances that are eligible or appropriate for repayment and make recommendations accordingly

If time allows, assist in revamping the intercompany dividend process to improve accuracy and efficiency

Review existing letters of credit for reporting accuracy, identify potential issues, and recommend solutions

Work with Treasury Workstation support to ensure accuracy of system calculations and reports

Perform in-depth financial analysis to evaluate the cost/benefit of new treasury initiatives

Document existing business processes and recommend best practice improvements

Support special projects as needed

Qualification

KyribaMicrosoft ExcelFinancial analysisTreasury management systemsLoan contractsInterest rate analysisEntity risk assessmentBusiness acumenAnalytical skillsCross-department collaborationDetail-orientedTeam player

Required

Must be a full-time undergraduate or graduate student working toward a Bachelor's degree in Business or an MBA, with a preference for Finance, Accounting, Economics, and/or Business Analytics

Interest in gaining hands-on experience in loan contracts, interest rate analysis, entity risk assessment, treasury systems management, foreign exchange, and cross-department collaboration

Excited to work in the office with great teammates

Must be legally authorized to work in the US without sponsorship

Detail-oriented and flexible team player with the ability to collaborate effectively across departments and interact professionally with key stakeholders

Strong proficiency in Microsoft Office, particularly Excel-based financial modeling

Demonstrated business acumen and analytical skills

Ability to learn and navigate treasury management systems