Bel Fuse Inc. · 1 day ago
Treasury Analyst (Hybrid)
West Orange, NJ
Full-time
Hybrid
Entry, Mid Level
$55K/yr - $70K/yr
2+ years expBel Fuse Inc. is seeking a Treasury Analyst to support the organization’s treasury and business insurance operations. The role involves cash management, liquidity forecasting, maintaining banking relationships, and collaborating with various departments to enhance treasury initiatives.
Responsibilities
Maintain relationships with banking partners and support account management
Assist in the evaluation and implementation of treasury technology solutions, including treasury management systems and banking platforms
Assist in the development and implementation of treasury policies and procedures
Support global business insurance program and collect exposure information for annual renewal, track renewal tasks and ensure that all policies have been issued and received from insurance brokers
Collaborate with accounting, finance, and other departments to support treasury-related initiatives
Support audits and special projects
Stay current on market trends, regulatory changes, and best practices in treasury, risk management, and business insurance
Perform other tasks as assigned by finance department
Complete daily cash positioning and reporting
Input and track wire transfers and other electronic disbursement transactions
Handle ACH/wire payments, tax payments, and cash positioning
Initiate, execute, and record transactional foreign exchange (FX) contracts to support global business operations, ensuring compliance with internal policies and optimizing currency conversion costs
Prepare management reports and presentations on treasury activities, cash positions, and financial risks for senior leadership
Support debt and investment management activities
Support the documentation and execution of intercompany loans and settlements in accordance with corporate policies
Ensure compliance with internal controls and regulatory requirements
Supervise maintenance and update signatories on every global bank accounts
Qualification
Required
Bachelor's degree in finance, accounting, or related field
2–4 years of experience in treasury, finance, or accounting
Strong analytical and problem-solving skills
Proficiency in Excel and financial modeling
Knowledge of banking operations, cash management, and financial instruments
Excellent communication and organizational skills
Ability to work independently and as part of a team
Experience with ERP systems (e.g., D365, Oracle)
Must be a US Citizen or Permanent Resident
Preferred
Experience with treasury management systems is a plus
Certification such as CTP (Certified Treasury Professional) is a plus
Familiarity with FX, interest rate risk, business insurance
Benefits
Participation in the annual bonus program
401K and company match
Medical, Dental, Vision
Health Savings Account (HSA)
Flexible Spending Account (FSA)
Company Life Insurance
Short & Long-term disability
Paid Time Off (e.g., Vacation Benefits, Company Holidays, Sick Leave Benefits, Personal Days)
Pet Insurance
Tuition Reimbursement
Hybrid schedule of in office 3 days, remote 2 days
Company
Bel Fuse Inc.
Founded in 1949, Bel designs, manufactures and markets a broad array of products that Power, Protect and Connect electronic circuits.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Farouq Tuweiq, CPA
Chief Financial Officer
Recent News
2024-04-30
SeekingAlpha
2024-04-28
2024-04-27
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