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.
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
Skills
- Bachelor's degree required in Finance or Accounting
- 0 - 2 years of experience with multi-national corporation, experience with Big 4 accounting firm or large commercial or investment bank
- Must be able to analyze and resolve issues, multi-task, prioritize work assignments, and meet stringent deadlines in a fast-paced environment
- Knowledge of accounting principles and GAAP accounting rules
- Advanced MS Excel skills and knowledge of treasury and financial software packages
- Ability to travel up to 10% domestically
- CPA or CTP preferred
- Treasury Management System experience preferred
- Knowledge of Oracle, SAP, Hyperion and OneStream a plus
- Strong analytical skills with an attention to detail
- Detail-oriented self-starter with the ability to work independently and within a team environment
- Creative and resourceful thinker with strong problem-solving and critical thinking abilities
- Able to communicate in oral and written form with all levels of the organization
- Has a mindset of continuous improvement and can embrace Regal's 80/20 principles
Benefits
- Medical, Dental, Vision and Prescription Drug Coverage
- Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
- Paid Time Off and Holidays
- 401k Retirement Plan with Matching Employer Contributions
- Life and Accidental Death & Dismemberment (AD&D) Insurance
- Paid Leaves
- Tuition Assistance
Company Overview
Regal Rexnord is a manufacturer of airflow, motion control, and power transmission for commercial, industrial and residential settings. It was founded in 1955, and is headquartered in Beloit, Wisconsin, USA, with a workforce of 10001+ employees. Its website is https://www.regalrexnord.com.
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