POSITION SUMMARY:
Vallen’s Treasury Analyst I is an individual contributor position responsible for managing and executing all cash flow processes, including but not limited to cash, checks and electronic payments.
ESSENTIAL JOB DUTIES AND RESPONSIBILITIES:
- Processes multiple check runs for Supplier and Overhead payments in all US and International bank accounts.
- Executes all wire transfers, ACH, manual checks and daily movement of cash for all US and International bank accounts.
- Determines currency conversions for payments to international entities.
- Manage all field requests, through various portal, for checks, cash and cash advances
- Manages confidential banking information for suppliers and customers.
- Performs root cause analysis and resolves returned checks and potential duplicate payment scenarios.
- Manages per diem card process in accordance with state regulations.
- Monitors and complies with unclaimed property regulations.
- Documents and keeps all banking processes current.
- Manages banking relationships for positive pay, check verification, voiding and stop payment of checks.
- Ensures process controls and maintains relationships with Sonepar Treasury.
- Researches banking discrepancies and makes recommendations for resolution.
- Oversees requests for certificates of insurance.
- Assists accounting with reconciliation of GL accounts.
- Performs due diligence on all check requests while protecting the company from fraud and theft.
- Ensures proper signature levels are adhered to and maintained.
- Works closely with 3rd party audit staff for proper documentation during audits.
- Performs other duties as assigned.
JOB QUALIFICATIONS:
Bachelor’s degree in a related field, e.g., Business, Finance, Accounting, coupled with 2+ years work experience in Banking, Treasury/Cash Management, Accounting, or Finance with direct exposure to electronic payments.
- Basic knowledge of generally accepted accounting practices
- Demonstration of high attention to detail
- Ability to multitask without hindering accuracy and timeliness in a fast paced environment with competing demands
- Self-starter and highly motivated to be able to follow projects through to completion while handling requests and other competing demands that may require immediate attention
- Excellent communication, organization, planning, and problem solving skills
- Advanced proficiency with Microsoft Excel
WORK ENVIRONMENT & PHYSICAL DEMANDS:
Reasonable accommodations will be evaluated and may be implemented to enable individuals with disabilities to perform essential functions of this position.
- The work environment is generally favorable.
- Lighting and temperature are adequate.
- There are no hazardous or unpleasant conditions caused by noise, dust, etc.
- Regularly required to talk and hear.
- Frequently required to sit.
- Occasionally required to stand and walk.
- May be required to occasionally lift and/or move up to 10 pounds.
- Specific vision abilities required by this job include close vision, and ability to adjust focus.
- Will have long periods of time working on a computer and performing key-boarding activities.
ABOUT VALLEN
Vallen is an industry leader in delivering flexible supply chain solutions and services along with a comprehensive range of maintenance, repair, operating, production, safety, and electrical products to meet the growing supply needs of customers in facilities across North America and around the world. Vallen is headquartered in Belmont, NC and is a subsidiary of Sonepar USA, part of the global Sonepar family.
Stay up to date with Vallen, follow us on LinkedIn and Facebook
WHAT ARE THE BENEFITS?
401K Plan, Health Insurance (medical, dental, and vision), Paid Vacation, Paid Sick, Paid Personal, Paid Holidays, Flexible Spending Accounts (Health and Dependent Care), Employee Assistance Program, Tuition Reimbursement, Employee Discounts, Career Path Opportunities.
EOE M/F/DISABILITY/VETERAN
#LI-GH1
Required Skills
Required Experience