Treasury Analyst

<strong>Personal, compassionate service is what we&rsquo;re known for at NJM. We seek the best and brightest to help our customers when they need us most. As part of the NJM team, you'll not only enjoy some of the best benefits in the industry, you'll also be joining a company that's committed to professional development, diversity and innovative thinking.</strong><br /><br /><strong>What is it like to work at NJM?&nbsp; Click <a href="https://www.youtube.com/watch?v=6XVn3U0XK-0&amp;feature=emb_logo" target="_blank" title="Video" rel="noopener noreferrer">here</a> to see!<br /><br />If you don't see the position you are looking for, apply <a href="https://njm.wd1.myworkdayjobs.com/en-US/njm/introduceYourself" target="_blank" title="Introduce Yourself" rel="noopener noreferrer">here</a>.<br /></strong>

Trenton

NJM Insurance

<p><strong>This isn&rsquo;t just insurance.&nbsp; It&rsquo;s NJM.</strong></p> <p>When you join the NJM family, you&rsquo;ll work with talented people who care about doing the right thing by our policyholders as well as each other. You&rsquo;ll be part of a financially strong and stable company that has flourished on relationships, integrity and service for more than a century. NJM is a special place where you can propel your career, help others and make friends &ndash; all at the same time.&nbsp;</p> <p>NJM is proud to offer our employees continuous learning options, outstanding benefits, access to wellness programs, and a wide range of opportunities to give back to the communities we are privileged to serve.&nbsp;</p> <p>Leading, independent consumer publications repeatedly recognize our commitment to customer and claims satisfaction. In addition, NJM has been named to the Forbes list of the Best Employers in New Jersey three years in a row, based on feedback directly from our employees.</p> https://www.njm.com/about/careers

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Full

Overview: The Treasury Analyst will play a key role within the organization and Finance Department performing daily cash management activities, cash forecasting, and ensuring sufficient funds to cover daily working capital. This includes but is not limited to maintaining daily cash forecast, cash position, settlements, intercompany transfers, and ensuring all bank accounts are reconciled timely, and maintaining bank account information. The Treasury Analyst is highly motivated, resourceful, a proactive thinker, and detail oriented.
Responsibilities: <ul> <li>Review, analyze, and reconcile daily corporate bank transactions for multiple bank accounts including reconciliation of BAI files and trouble shoot any errors.</li> <li>Daily review and approval ACH debit and positive pay exceptions.</li> <li>Daily cash management including cash position, cash activity, and cash flow trend analysis.</li> <li>Recommend organizational funding needs to management.</li> <li>Prepare daily, twelve-month projections to determine cash flow for multiple companies, including gathering investment details, operational costs, and known disbursements.</li> <li>Assists with quarterly board reporting processes.</li> <li>Performs monthly reconciliations on multiple accounts related to Treasury Operations to ensure accurate reporting in financial statements.</li> <li>Processes intercompany transfers and loan movements as required.</li> <li>Completes analysis on outstanding checks for various accounts.</li> <li>Responsible for maintaining current and accurate list of bank accounts and assists with opening/closing of accounts, signatory updates, and record keeping.</li> <li>Review and respond to inquiries in a timely and accurate manner and assists with daily treasury investigations for both internal and external inquires, including audit requests.</li> <li>Recommend and support opportunities for process improvements/cost-savings.</li> <li>Maintains and updates operational processes within the department.</li> <li>Ensure compliance with internal controls, policies, and procedures. Stay abreast of banking regulations and changes within financial markets.</li> <li>Assists with preparing annual budget.</li> <li>Monitors budget variances and provides explanation to management.</li> <li>Monitors vendor SLAs to ensure they are being met, performs analysis to determine potential refund processing.</li> <li>Supports projects as appropriate and other Treasury duties as directed.</li> <li>Prepares reports as requested.</li> <li>Cross-train to learn all functions of the department.</li> </ul>
Requirements: <ul> <li>Bachelor&rsquo;s degree in Accounting or Finance</li> <li>Minimum of 1-3 years of experience in Accounting, Treasury, or Finance field</li> <li>Strong analytical, research, and problem-solving skills</li> <li>Experience using Banking Software</li> <li>Experience using Microsoft Excel</li> <li>Excellent written and verbal communication skills, with demonstrated ability to work in a team environment</li> <li>Positive attitude, dependable, motivated, and reliable</li> </ul>