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Mack Molding Company · 1 month ago

Treasury Associate

Arlington, VT

Full-time

Onsite

New Grad, Entry Level

$75K/yr - $85K/yr

Mack Molding Company is a vertically-integrated contract manufacturing company with facilities in the U.S. and Mexico. The Treasury Associate role is responsible for key Treasury-related tasks, reporting, and analysis in risk management, banking, and investments, supporting the Treasurer in various financial responsibilities.

AutomotiveIndustrialManufacturing

Responsibilities

Support Treasurer with customer credit approval process and monitoring of customer creditworthiness. Provide recommendations to Treasurer for adjustments to customer credit terms and/or credit limits, as warranted

Maintain customer credit spreadsheet for all customers across two Mack Group operating companies

Facilitate requests for customer financial statements in order to evaluate key financial-health metrics and determine the degree of risk involved in providing credit to customers. For customers that are publicly-owned companies, source and analyze public-facing financial information

Monthly/quarterly reporting to various senior internal stakeholders, including Good Business Practices Report, Mack Group Investment Summary, Customer Exposure Reporting, Cash Reporting, and Total Customer Satisfaction Reporting

Produce recurring and ad-hoc business insights through detailed qualitative and quantitative analysis

Assist Treasurer with production of annual Mack Risk Report, a comprehensive outline of key Mack Group business risks

Process requisitions for goods/service as needed

Support key Banking tasks, such as daily banking review, reconciling checks and electronic payments, monitoring for exceptions/rejections, and reviewing payables with others in Finance department on a rotating basis. Work to forecast interest income for the business and perform general cash management, including cash forecasting

Support key Insurance-related tasks, including claims activity, policy negotiations and renewal, data submission, and certificate of insurance (COI) generation and tracking. Assist with Workers Compensation quarterly reserve and budgeting

Support internal and external audits, such as annual insurance-related audits

Administrative and reconciliation support of Mack investments

Support Macks vendor/employee ACH enrollment process

Administration of Egencia travel account and corporate card payment reconciliation and administration

Manage various Treasury-related subscription services, such as Dun & Bradstreet

May occasionally travel to other company locations

Other duties as assigned, including cost savings opportunities and strategic projects

Qualification

Credit analysisRisk managementBankingInvestmentsFinancial reportingData analysisCash managementInsurance managementSoft skills

Required

A bachelor's degree is required

Related professional experience in credit analysis

Related professional experience in risk management

Related professional experience in banking

Related professional experience in investments

Preferred

Experience in manufacturing is preferred but not required

Company

Mack Molding Company

Mack Molding Co., headquartered in Arlington, VT, provides design through FDA-approved manufacturing services to the medical, commercial, computer & business equipment, energy and transportation markets.

Founded in 1920