Treasury Analyst I

ALLETE is headquartered in Duluth, Minnesota, on beautiful Lake Superior, and has operations throughout the United States. We invest in energy-centric businesses and transmission infrastructure. Our companies include clean-energy producers and developers, and regulated utilities that already deliver more than 50% renewable energy. Each of our businesses—Minnesota Power; Superior Water, Light & Power; ALLETE Clean Energy; New Energy Equity; ALLETE Renewable Resources; and BNI Energy—plays a unique and significant role in ALLETE’s sustainability-in-action strategy. Our culture drives excellence through our shared values of integrity, safety, people, and the planet.

RESPONSIBILITIES:

• Manage day-to-day cash balances, including cash disbursements, overnight and short-term borrowing and investing. 
• Prepare cash forecasts to predict liquidity needs. 
• Manage bank accounts and optimize cash positioning. 
• Act as a liaison with financial institutions and manage bank fees. 
• Prepare, review and analyze financial and economic data related to project and investment decisions. 
• Prepare and summarize data for internal (primarily) and external (occasionally) reports to the Board, rating agencies, regulators, investors and others. 
• Provide assessment on the economic impacts of existing and proposed long-term financial plans and policies. 
• Nature of work is complex and effective performance is required as work products are used by management in making decisions which impact company stakeholders. 
• High degree of initiative to complete assigned duties is required, as well as a high level of organizational skills and the ability to perform duties under time constraints. 
• Ability to ensure accuracy in banking transactions and compliance reporting.

REQUIRED EDUCATION:

• Bachelor's degree in finance, economics, business administration, accounting or equivalent degree with applicable finance course work.
  • Candidates completing their degree by June 30th, 2026 will be considered.

REQUIRED EXPERIENCE:

• No experience required

SPECIAL REQUIREMENTS:

• This position may be considered for a hybrid work arrangement based on ALLETE’s needs. A Hybrid work arrangement means the employee's position will be a blend of work performed both in-person and at an offsite location such as an employee's home office. This position will report to Duluth, MN.
• High level of interpersonal and communication skills required to establish and maintain productive internal and external relationships.
• This position may be subject to assessment of skills, job match and/or aptitude.

COMPENSATION AND BENEFITS:

• The expected annual compensation range for this position is $54,000 - $67,000. Compensation offered to the selected candidate will vary depending on relevant knowledge, skills, training, experience, and market conditions.
• Compensation Incentive Program
• Retirement Benefits
• Medical, Dental & Vision Plan
• Health Savings Account & Flexible Spending Accounts
• Life Insurance, Disability & Voluntary Benefits
• Paid Time Off
• Tuition Reimbursement
• Professional Development Opportunities 
• Community Engagement, and more.

Employer will not sponsor Visas for position.

External applicants must apply online via www.allete.com/careers.

This job posting will be available for application until the position has been filled OR the posting close date noted herein, whichever date is earlier.

ALLETE is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender, gender identity, sexual orientation, age, status as a protected veteran, among other things, or status as a qualified individual with disability.  

If you are an individual with disabilities who needs accommodation or you are having difficulty using our website to apply for employment, please contact our Human Resources department at 218-723-3921.

EEO/AA/F/M/Vet/Disabled