Job Information
Terumo Medical Corporation Treasury Analyst in Somerset, New Jersey
Treasury Analyst
Date: Sep 4, 2024
Req ID: 3767
Location:
Somerset, NJ, US, 08873
Company: Terumo Americas Holding, Inc.
Department: TAH Group Treasury
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 Management
Actively monitor the centralized global cash management of daily activities
Manage the daily electronic banking reporting delivered from banks
Validate completeness in global bank reporting and as needed investigate missing BAI / MT940
Support the Reconcilement of daily cash positions in Treasury management system
Support TAH affiliates with bank investigations for Collection and Disbursement transactions
Ensure bank data is accurate to ensure accurate daily reporting to subs
Reconcile SAP cashflow feeds in TMS against actuals
Support the implementation and management of the Swift global rollout for banking communication
Support the implementation of collection and disbursements bank service changes
Bank Relationship Management
Maintain a current inventory of bank legal agreements and service contracts
Support data collection for Annual KYC banking review as required by banking partners
Support the opening of new bank accounts and revision of bank mandates, as required
Collect monthly bank analysis Fee statements (AAS) from all relationship banks
Maintain annual bank fee plan and updated actuals for all banking and merchant fees
Manage and track Letter of Credit activities and report costs to TAH
Card 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 company
Provide ongoing training to new cardholders on the company program policy
Track associates’ T&E spend to identify those requiring a company
Collaborate with HR to report associates failing to comply with Policy
Support in the Global implementation of GRAMS for worldwide card management
Job Responsibilities (continued)
Payment Management
Maintain and enforce a strict compliance to disbursement controls
Perform an extensive validation of banking data for all Treasury related payments
Perform a quarterly review of ACH originators by a collaborative effort with Tax and AP
Process Wire/ACH transactions as needed
Travel & Expense Processing
Support as a backfill for Concur Management team on the T&E report processing
Support as a backfill for Concur Management team on the T&E troubleshooting of associate issues
Other duties/projects as assigned
Knowledge, Skills and Abilities (KSA)
Excellent organizational, financial modeling and analytical skills
Ability to communicate effectively across multiple levels and functions
Excellent interpersonal skills with the ability to work well in teams
Proficient in Microsoft and Banking technologies experience
Proficient 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 workflows
Qualifications/ Background Experiences
BS Required, MBA in progress preferred
Bachelor 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) experience
Hands on experience with a Treasury Management system (i.e., Kyriba) highly preferred
Hands on experience with market leading banking platforms (BOA, JPM, Citi, WFB)
Familiarity with SAP environment a plus
Nearest Major Market: New Jersey
Terumo Medical Corporation
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