AKAM Associates Inc
Sr. Treasury Analyst
AKAM Associates Inc, Dania Beach, Florida, United States,
As a Senior Treasury Analyst at AKAM, you will play a crucial role in managing the financial activities related to our corporate and managed portfolio's treasury and cash management operations. You will be responsible for ensuring effective cash management, optimizing liquidity, and mitigating financial risks. Your keen insights and proactive management of targeting new business opportunities to drive revenues will be imperative for success in the role. Your analytical skills and attention to detail will be essential in maintaining accurate financial records and providing valuable insights to support strategic decision-making.
Responsibilities:
Cash Management:
Manage bank accounts and relationships.Responsible for opening and closing of bank accounts.Analyze documents provided by clients for completion of various bank forms for update of signers or opening of new account.Monitor daily cash balances and cash flow projections.Execute daily cash positioning and forecasting.Coordinate with client finance team to ensure proper funding for client operations.
Liquidity Management & Optimization:
Develop strategies to optimize cash balances and minimize idle cash.Evaluate short-term investment options to maximize returns while maintaining liquidity.Assist in the development and implementation of cash management policies and procedures.Consistent targeting of non-partner accounts for conversion to partner accounts consistent with business model and defined goals.
Financial Risk Management:
Identify and assess financial risks, including interest rate risk, foreign exchange risk, and counterparty risk.Recommend and implement risk mitigation strategies, such as hedging programs as instructed.Monitor compliance with risk management policies and guidelines.
Financial Analysis and Reporting:
Participate in the documentation of Standard Operating Procedures and maintain electronic library.Maintain listing for all corporate and managed accounts.Prepare periodic cash flow reports, variance analysis, and financial forecasts.Analyze banking fees and recommend cost-saving measures.Provide ad-hoc financial analysis and support to management as needed.
Relationship management
Attend board meetings as required and provide expertise on treasury related items.Pro-active partnering with regional leadership and client finance on Treasury related itemsManage relationship with partner banks.
Compliance and Controls:
Ensure compliance with relevant regulatory requirements and internal controls.Assist in the development and maintenance of treasury-related policies and procedures.Support internal and external audits related to treasury activities.
Requirements:Bachelor's degree in finance, accounting, economics, or related field.4+ years of experience in treasury management or related financial roles.HOA/Condo/Coop experience strongly desired.Strong analytical skills with proficiency in financial modeling and data analysis.Knowledge of cash management techniques, financial instruments, and banking products.Familiarity with treasury management systems and ERP software (e.g., SAP, Oracle).Advanced Excel skills required,Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external clients such as board members.Attention to detail and ability to work accurately under tight deadlines.Certified Treasury Professional (CTP) designation is a plus.
Responsibilities:
Cash Management:
Manage bank accounts and relationships.Responsible for opening and closing of bank accounts.Analyze documents provided by clients for completion of various bank forms for update of signers or opening of new account.Monitor daily cash balances and cash flow projections.Execute daily cash positioning and forecasting.Coordinate with client finance team to ensure proper funding for client operations.
Liquidity Management & Optimization:
Develop strategies to optimize cash balances and minimize idle cash.Evaluate short-term investment options to maximize returns while maintaining liquidity.Assist in the development and implementation of cash management policies and procedures.Consistent targeting of non-partner accounts for conversion to partner accounts consistent with business model and defined goals.
Financial Risk Management:
Identify and assess financial risks, including interest rate risk, foreign exchange risk, and counterparty risk.Recommend and implement risk mitigation strategies, such as hedging programs as instructed.Monitor compliance with risk management policies and guidelines.
Financial Analysis and Reporting:
Participate in the documentation of Standard Operating Procedures and maintain electronic library.Maintain listing for all corporate and managed accounts.Prepare periodic cash flow reports, variance analysis, and financial forecasts.Analyze banking fees and recommend cost-saving measures.Provide ad-hoc financial analysis and support to management as needed.
Relationship management
Attend board meetings as required and provide expertise on treasury related items.Pro-active partnering with regional leadership and client finance on Treasury related itemsManage relationship with partner banks.
Compliance and Controls:
Ensure compliance with relevant regulatory requirements and internal controls.Assist in the development and maintenance of treasury-related policies and procedures.Support internal and external audits related to treasury activities.
Requirements:Bachelor's degree in finance, accounting, economics, or related field.4+ years of experience in treasury management or related financial roles.HOA/Condo/Coop experience strongly desired.Strong analytical skills with proficiency in financial modeling and data analysis.Knowledge of cash management techniques, financial instruments, and banking products.Familiarity with treasury management systems and ERP software (e.g., SAP, Oracle).Advanced Excel skills required,Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external clients such as board members.Attention to detail and ability to work accurately under tight deadlines.Certified Treasury Professional (CTP) designation is a plus.