Terumo
Treasury Analyst
Terumo, Somerset, New Jersey, us, 08875
Job Summary
This position will report to the Director of TAH Group Treasury. The individual will be responsible for supporting the Treasury function and TAH affiliates in relation to all banking matters. The individual will support Senior Treasury Analysts or Treasury Managers in data collection and organization for accurate cash forecasting, foreign currency management, Treasury technology interfaces for accounting and cash flow analysis and reporting, bank relationship management, purchase card program management and provide on-going support to both internal and external customers.
Job Details/Responsibilities
Cash ManagementActively monitor the centralized global cash management of daily activitiesManage the daily electronic banking reporting delivered from banksValidate completeness in global bank reporting and as needed investigate missing BAI / MT940Support the Reconcilement of daily cash positions in Treasury management systemSupport TAH affiliates with bank investigations for Collection and Disbursement transactionsEnsure bank data is accurate to ensure accurate daily reporting to subsReconcile SAP cashflow feeds in TMS against actualsSupport the implementation and management of the Swift global rollout for banking communicationSupport the implementation of collection and disbursements bank service changesBank Relationship Management
Maintain a current inventory of bank legal agreements and service contractsSupport data collection for Annual KYC banking review as required by banking partnersSupport the opening of new bank accounts and revision of bank mandates, as requiredCollect monthly bank analysis Fee statements (AAS) from all relationship banksMaintain annual bank fee plan and updated actuals for all banking and merchant feesManage and track Letter of Credit activities and report costs to TAHCard Program Management
Support the card issuing and monitoring activities related to corporate card programs.Track the overall company card use and accurately calculate the rebates for companyProvide ongoing training to new cardholders on the company program policyTrack associates' T&E spend to identify those requiring a companyCollaborate with HR to report associates failing to comply with PolicySupport in the Global implementation of GRAMS for worldwide card managementJob Responsibilities (continued)
Payment Management
Maintain and enforce a strict compliance to disbursement controlsPerform an extensive validation of banking data for all Treasury related paymentsPerform a quarterly review of ACH originators by a collaborative effort with Tax and APProcess Wire/ACH transactions as neededTravel & Expense Processing
Support as a backfill for Concur Management team on the T&E report processingSupport as a backfill for Concur Management team on the T&E troubleshooting of associate issuesOther duties/projects as assigned
Knowledge, Skills and Abilities (KSA)
Excellent organizational, financial modeling and analytical skillsAbility to communicate effectively across multiple levels and functionsExcellent interpersonal skills with the ability to work well in teamsProficient in Microsoft and Banking technologies experienceProficient in the understanding of payment systems (FED, Swift, ACH, SEPA, etc.)Proficient in the understanding of market rates (Fed Funds, SOFR, FX Rates, etc.)Proficient knowledge of credit card and merchant processing workflowsQualifications/ Background Experiences
BS Required, MBA in progress preferredBachelor of Science in Finance, Accounting, or related Business field. Equivalent combination of education, training, and relevant work experience.Minimum 3 years in Treasury (cash management, capital markets, banking) experienceHands on experience with a Treasury Management system (i.e., Kyriba) highly preferredHands on experience with market leading banking platforms (BOA, JPM, Citi, WFB)Familiarity with SAP environment a plus
This position will report to the Director of TAH Group Treasury. The individual will be responsible for supporting the Treasury function and TAH affiliates in relation to all banking matters. The individual will support Senior Treasury Analysts or Treasury Managers in data collection and organization for accurate cash forecasting, foreign currency management, Treasury technology interfaces for accounting and cash flow analysis and reporting, bank relationship management, purchase card program management and provide on-going support to both internal and external customers.
Job Details/Responsibilities
Cash ManagementActively monitor the centralized global cash management of daily activitiesManage the daily electronic banking reporting delivered from banksValidate completeness in global bank reporting and as needed investigate missing BAI / MT940Support the Reconcilement of daily cash positions in Treasury management systemSupport TAH affiliates with bank investigations for Collection and Disbursement transactionsEnsure bank data is accurate to ensure accurate daily reporting to subsReconcile SAP cashflow feeds in TMS against actualsSupport the implementation and management of the Swift global rollout for banking communicationSupport the implementation of collection and disbursements bank service changesBank Relationship Management
Maintain a current inventory of bank legal agreements and service contractsSupport data collection for Annual KYC banking review as required by banking partnersSupport the opening of new bank accounts and revision of bank mandates, as requiredCollect monthly bank analysis Fee statements (AAS) from all relationship banksMaintain annual bank fee plan and updated actuals for all banking and merchant feesManage and track Letter of Credit activities and report costs to TAHCard Program Management
Support the card issuing and monitoring activities related to corporate card programs.Track the overall company card use and accurately calculate the rebates for companyProvide ongoing training to new cardholders on the company program policyTrack associates' T&E spend to identify those requiring a companyCollaborate with HR to report associates failing to comply with PolicySupport in the Global implementation of GRAMS for worldwide card managementJob Responsibilities (continued)
Payment Management
Maintain and enforce a strict compliance to disbursement controlsPerform an extensive validation of banking data for all Treasury related paymentsPerform a quarterly review of ACH originators by a collaborative effort with Tax and APProcess Wire/ACH transactions as neededTravel & Expense Processing
Support as a backfill for Concur Management team on the T&E report processingSupport as a backfill for Concur Management team on the T&E troubleshooting of associate issuesOther duties/projects as assigned
Knowledge, Skills and Abilities (KSA)
Excellent organizational, financial modeling and analytical skillsAbility to communicate effectively across multiple levels and functionsExcellent interpersonal skills with the ability to work well in teamsProficient in Microsoft and Banking technologies experienceProficient in the understanding of payment systems (FED, Swift, ACH, SEPA, etc.)Proficient in the understanding of market rates (Fed Funds, SOFR, FX Rates, etc.)Proficient knowledge of credit card and merchant processing workflowsQualifications/ Background Experiences
BS Required, MBA in progress preferredBachelor of Science in Finance, Accounting, or related Business field. Equivalent combination of education, training, and relevant work experience.Minimum 3 years in Treasury (cash management, capital markets, banking) experienceHands on experience with a Treasury Management system (i.e., Kyriba) highly preferredHands on experience with market leading banking platforms (BOA, JPM, Citi, WFB)Familiarity with SAP environment a plus