Treasury Analyst

SSAB is one of the largest North American producers of steel plate and coil, serving many industrial markets including energy, construction, agriculture and transportation.  SSAB operates five state of the art facilities strategically located in key regions across the U.S. 
SSAB has nearly 1,200 highly skilled employees in the U.S.  Jobs at SSAB range from machine operators and sales people to advanced engineers and corporate professionals in HR, finance and more.  SSAB offers challenging careers and comprehensive benefit program designed to keep employees and their families healthy and secure.

POSITION PURPOSE

 

This position is responsible for supporting SSAB's day-to-day Treasury Operations.  Additional activities include assisting with month end process and project leadership.

 

ESSENTIAL FUNCTIONS

 

Perform day to day responsibilities of Treasury Analyst

• Review and initiate properly authorized electronic payments
• Retrieve bank transaction information from and maintain Treasury or other treasury workstation software
• Prepare daily file from Treasury or other treasury workstation software to be provided to Shared Services for cash application
• Liaise with banking contacts on day to day and service issues
• Review report of previous day bank account debits and ensure all authorized.  Initiate action to address unauthorized debits.
• Create positive pay / positive payee transmission file and upload to bank. Review positive pay exceptions presented by the bank and determine if the exception should be paid or returned.
• Identify and drive process improvements in treasury operations, utilizing treasury workstation software, banking platforms, as well as other analytical tools

• Maintain and update Treasury spreadsheets

 

 Monthly and periodic activities

• Perform reconciliations of, and initiate payment of, inter-company accounts, including working with invoicing, financial accounting and other staff to resolve outstanding items
• Perform analysis of banking service charges; prepare information for cash management service negotiations
• Analyze and optimize bank service utilization
• Respond to inquiries from internal and external auditors
• Execute foreign exchange transactions at direction of Manager
• Prepare month-end Treasury department related journal entries and review general ledger Treasury-related accounts for reasonability
• Prepare monthly wire requisitions for inter-company loans and payments, leases or other payments
• Assist with treasury and cash management systems initiatives

Other projects and duties as assigned by SSAB management

 

QUALIFICATIONS

 

Competencies and Experience

Required:

List the Knowledge, skills, abilities, and experience required to be successful in the position.

• Minimum one year experience related to Finance subsequent to graduation.
• Analytical and problem-solving skills, along with a high level of attention to detail
• Strong communication skills, specifically in written format

 

Preferred:

• Advanced certification in Treasury (such as CTP) or financial analysis. 
• Cross-border (North American) Treasury/cash management experience.
• Experience working with SAP software

 

Education

Required:

• Bachelor’s degree in accounting or finance with concentration/subsequent experience in accounting or equivalent experience. 

Preferred:

• Cross-border (North American) Treasury/cash management experience.

 

SUPERVISORY RESPONSIBILITIES / DIRECT REPORTS

 

This position does not have direct reports. Incumbent reports directly to Treasury Manager.

 

WORK ENVIRONMENT AND PHYSICAL DEMANDS

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

The employee is constantly required to:

• Sit and work at a desk

The employee is frequently required to:

• Stand and walk, and may alternate sitting and standing as needed 

• Balance, stoop, kneel, crouch, crawl, climb

• Twist at waist level

• Reach above shoulder level, at waist/desk level, and below waist/desk level

• Finger with right hand, left hand, and both hands (fine motor)

• Feel with right hand, left hand, and both hands (sensing temperatures and textures) 

The employee is occasionally required to:

• Push, pull, lift and/or carry up to 50 pounds 

The employee is required to:

• Talk person to person, on the phone, and in group settings as needed 

• Hear in person, on the phone, and in group settings as needed

• Possess near, midrange, far, peripheral, and depth perception vision

 

POSITION TYPE/EXPECTED HOURS OF WORK/TRAVEL REQUIREMENTS

• Position is full time, exempt

 

OTHER DUTIES

 

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that may be required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. 

SSAB's vision is a stronger, lighter and more sustainable world.
SSAB's values form the guiding principals of our company. 
They shape our culture and characteristics.  They serve as a compass for our actions and behavior, and describe what we stand for.  Values guide us daily in making the right choices and doing the right things.

SSAB's values are:

• Driven - Together we create value
• True - Do what is right
• Ahead - Future in mind

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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