The Corporate Treasury team is growing and is seeking a detail-oriented Senior Treasury Investment & Financial Analyst. The Senior Treasury Investment & Financial Analyst is responsible for performing various cash, investment, float income and yield forecast modeling and reporting, investment management and analysis, financial analysis, bank fee account analysis and metrics. This position reports to the Corporate Treasury & Investment Manager.
Here at Ultimate Software, we truly put our people first. We strongly believe in teamwork, and we encourage and trust our people to reach higher, learn more, and live up to their potential. Ultimate is ranked #1 on Fortune's "Best Places to Work in Technology" for 2018 and #3 on the "100 Best Companies to Work For" list in 2018. Ultimate is also ranked #1 on the Fortune's "100 Best Workplaces for Millennials" for 2017 and #3 on its "Best Workplaces for Diversity" list for 2017.
Primary Duties and Responsibilities:
(other duties may be assigned)
Responsible for the performing and further developing of various cash and investment 12 month rolling forecast models, schedules, dashboards and monthly, quarterly reporting for multiple entities
Maintain investment/float income and yield forecast models for multiple entities
Maintain long term investment portfolio amortization schedules and track individual investments to stay abreast of maturing investments. Make recommendations on reinvestment maturities based upon current market conditions
Maintain monthly schedules of bank and investment account balances, interest earnings, AA fees, Treasury dashboard and various other metrics
Work closely with Accounting team to provide guidance and understanding of investment types, maturities and mark-to-market to ensure accurate GL entries are booked
Provide required quarterly cash and investment forecast reporting to Senior Management
Monitor markets and economy for key indicators for Federal Reserve interest rate increases, research US and global economic forecasts and industry reports to build scenarios into investment forecast models
Monitor various interest rates to ensure that current investment selections are optimal
Support the Investment Policy Compliance process by tracking, monitoring and reporting investments to ensure that they fall within set parameters
Analyze monthly bank account analysis fees for service pricing reasonableness and accuracy and identify trends
Calculate monthly net interest earned after fees and report to management
Develop and maintain Treasury procedures
Ensure compliance with established internal controls, policies and procedures.
Provide support for audit requests as needed
Perform various projects and additional tasks as needed
Bachelor's degree in Finance, Accounting or Economics
Minimum of 5 years of experience in performing forecasts for cash and investments
Experience with investment management and analysis, financial analysis, bank and investment balance reporting, and bank fee analysis
Thorough understanding of financial markets and various investment vehicles
Knowledge of Investment Accounting
Advanced knowledge in Microsoft Excel
High attention to detail, accuracy and tight deadlines
Possess analytical, critical-thinking and problem-solving skills
Self-driven, quick learner, team-player, flexible, upbeat and energetic
Corporate Treasury, Investments and Financial Analysis experience preferred
Treasury Management System (TMS) experience is a plus
ERP system experience is a plus
Travel Requirement: None
This job description has been written to provide an accurate reflection of the current job and to include the general nature of work performed. It is not designed to contain a comprehensive detailed inventory of all duties, responsibilities, and qualifications required of the employees assigned to the job. Management reserves the right to revise the job or require that other or different tasks be performed when circumstances change.
Ultimate Software will reasonably accommodate employees with disabilities as defined by the Rehabilitation Act of 1973, the Americans with Disabilities Act (ADA) and other appropriate statues.