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Regal Rexnord · 1 day ago

Treasury Analyst

Rosemont, Illinois, United States

Full-time

Hybrid

New Grad, Entry Level

$70K/yr - $80K/yr

0+ years exp

Regal Rexnord is a publicly held global industrial manufacturer seeking a highly motivated Treasury Analyst to join their Global Treasury Team. The Analyst will support data analytics and process enhancement initiatives to improve cash forecasting and reporting for senior leadership, while collaborating with various departments and global finance teams.

AgricultureAutomotiveCommercialMachinery ManufacturingManufacturing

Responsibilities

Performs daily cash functions, including daily cash positioning, cash pooling, intercompany loans, short-term investing and borrowing and wire payments

Maintain the global inventory of bank accounts in the Treasury Management System and manage process for opening, modifying and closing bank accounts

Validate authorized signatories on bank accounts, with controls to identify former employees timely and centralize authority with Corporate signers to the extent possible

Support developing and implementing bank and bank account rationalization initiative to have an efficient banking structure

Improve global cash visibility and forecasting by creating and executing processes for Non-U.S. subsidiaries to report cash balances and activity detail

Creates and analyze forecasting models involving cash flow, balance sheet, and income statement projections

Monitors forecast variance to actual, determining cause(s) of variance(s), and recommends forecast model refinements to drive improvement in accuracy

Assist in Implementation, and utilize the Treasury Management System (GTreasury), to track, monitor, evaluate and report on cash balances and liquidity

Manages appropriate procedures and processes around month-end and quarter-close activity

Generate written procedures and assist in creating efficiencies in processes

Assist with various projects and perform other duties as assigned

Qualification

Cash managementCash forecast modelingTreasury Management SystemAdvanced MS ExcelAccounting principlesGAAP accountingOracleSAPHyperionOneStreamAnalytical skillsProblem-solvingCommunication skills