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Treasury & Risk Analyst

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Date: Jan 7, 2019

Location: Columbus, OH, US, 43085

Company: Worthington Industries, Inc

Summary

As a Corporate Treasury Analyst, this position is responsible for the administration of cash management system including cash transfers and cash forecasting, short-term funding (borrowing and investments), support of division collection and disbursement activities and production of management reports. The Treasury Analyst is expected to make significant contributions to analytical projects and process improvement initiatives. A successful candidate will be self-motivated, reliable and able to manage multiple tasks simultaneously. Also effective written/verbal communication with management, divisions, banks, and other corporate departments is required on almost a daily basis.

Responsibilities

      Cash Management System

-       Evaluate and make recommendations on cash management improvements that may impact Accounts Receivables, Accounts Payables, etc.

-       Negotiate and resolve operational issues with banks.

-       Review bank account analysis reports and verify accuracy of services and fees.

-       Execute foreign exchange transactions.

-       Manage opening and closing of bank accounts and lockboxes.

-       Assist with the integration of acquisition companies into the Worthington cash management network.

 

       Daily Cash Management

-       Determine daily cash position.

-       Choose the best alternatives for borrowing or investing cash following policy constraints.

-       Investigate and resolve account exceptions (positive pay, bank errors, etc.).
 

        Cash Forecasting Model

-       Utilize banking systems, reports and spreadsheets to provide accurate cash position forecast.

-       Consolidate and update forecast information.

 

        Compliance

-       Maintain schedule of mandatory payments and ensure payments are made when due.

-       Maintain Treasury and Risk Playbooks and operations reference guide for the department.

-       Prepare quarterly debt covenant compliance reporting.

 

        Risk Management

-       Support in the compilation and analysis of underwriting information.

-       Manage issuance and distribution of automobile identification cards and certificates of insurance.

-       Assist in the Enterprise Risk Management program including drafting material for management, managing risk tracker and analyzing gaps.

 

        Other

-       Provide support to Treasury and Risk Management as needed including: preparing management presentations and reports and performing financial analysis etc.

-       Prepare month-end management reports.

-       Ad hoc projects as assigned.

 

Desired Experience

 

Bachelors Degree in Business/Finance/Accounting related discipline.

1 to 2 years of Treasury, Risk Management and/or Finance experience preferred.  Entry level candidates will also be considered.

 

Essential Skills:

Must be comfortable managing multiple tasks at one time and have strong interpersonal skills, both verbal and written.

Capable of supporting peak demands for time on special projects.

Must be a quick learner, have strong analytical and problem solving skills, strong attention to detail and organizational skills, and be able to understand new concepts. 

Proficient in the use of PC’s with an emphasis on Microsoft Office Suite and SharePoint.

Education

Bachelors in Finance or Accounting

 

Company Information

Worthington Industries operates under a long-standing corporate philosophy rooted in the Golden Rule, with earning money for its shareholders as the first corporate goal. As a market leader in metals manufacturing for nearly 60 years, we put people first, whether they’re our employees, shareholders, customers or suppliers. We’re looking for individuals who share our people-first philosophy and can help us continually innovate and grow through their insights, leadership and unique talents.

Worthington Industries (NYSE: WOR) is a global metals manufacturer serving growing end markets including automotive, construction, energy, agriculture, alternative fuel and many other markets. Our family of 10,000 employees in over 80 facilities throughout 10 countries has helped us earn the respect of our customers, our communities and our industry. With sales of approximately $ 3 billion annually, our company has been recognized by FORTUNE magazine as a “Most Admired Company” and four times as a “100 Best Companies to Work For.”

Worthington Industries Inc., and its subsidiaries, is an equal employment opportunity employer. Qualified applicants are considered regardless of race, color, religion, age, national origin, sex, disability or veteran’s status.

 

Alternate Locations:  


Nearest Major Market: Columbus
Nearest Secondary Market: Dublin

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