Sr. Treasury Analyst

Overview

Since our founding in 1982, Shawmut Design and Construction (a 100% employee-owned company) has been recognized as a Best Place to Work 60 times by our employee-owners. At Shawmut, you will have the opportunity to own your career and deliver impact within our culture of ownership and innovation focused around providing the gold standard of client service for the world's most recognizable and elite brands and institutions.

Here's a glimpse into what we are offering:

• Competitive base salary and an annual bonus

• Health, Life, Long/Short Term disability, Dental and Vision insurance

• Shawmut Flex - we have offered a flexible work remote environment for years and we encourage a flexible work environment that meets the business needs

• 401K with Match

• Generous Paid Time Off policy (Including vacation, summer Fridays, holidays, personal sick and volunteer day - which we can explain at time of interview)

• ESOP - be an employee owner

• The Extras: cell phone, laptop, tuition reimbursement, pet insurance, auto & homeowner (mortgage network & insurance savings) and many more

The Sr. Treasury Analyst facilitates daily treasury operations, provides accurate cash reporting, manages the cash management bank application, and contributes to high visibility ad hoc projects. They also produce reports to aid in the forecasting of cash needs for the business, assist with other treasury functions, and work cross functionally with the entire finance team.

Please note: this position works out of our Boston office 3x per week, with the option to work from home 2x per week.

Responsibilities

• Monitor and analyze the company's daily cash position to cover cash commitments and coordinate and optimize the short-term borrowing or investments, assist in the execution of the daily cash management duties

• Administrator for the banking platform

• Lead and assist with treasury related projects and initiatives

• Adhere to month-end schedules assist in reconciliations of all cash-related accounts, all month-end processes, and all related journal entries

• Assist in executing standby letters of credit, surety and performance bonds or similar instruments

• Prepare daily, weekly and monthly reports on the company cash position

• Perform balance sheet substantiation and commentaries at month-end

• Perform data integrity and balance sheet verification

• Assist with risk management by identifying/recommending strategies to minimize interest rate exposure

• Assist with short- and long-term intercompany settlements and transactions

• Provide information in connection with the external and internal audits and monitors cash management activities to ensure compliance

• Approve wire transactions, and facilitate other credit line transactions

• Develop, monitor and analyze bank fees including credit card and cash management expenses

• Maintain positive banking relationships with creditors and banks

• Work with treasury management to maintain and rationalize the company's choice of key global banks including the analysis of bank fee structures, services, relationships, credit levels and counterparty credit quality/exposure

• Assist other departments (e.g., audit, accounting) with month/year-end and ad-hoc information requests as needed

• Work with company's business units to prepare cash forecasts and other cash and borrowing projection models; coordinate with teams to identify and mitigate forecasting variances

• Support corporate accounting, corporate tax, financial planning, internal audit and other functions as they relate to treasury transactions and entity structures

• Work with FP&A on developing operating cash flow forecasts, enhance visibility into global cash balances, optimize working capital and establish metrics/KPIs

• Recommend and implement solutions to strengthen operational controls and incorporate best practices.

• Assist with presentation material for senior management, rating agencies or the Board of Directors, as needed

Qualifications

• 3-5+ years of corporate treasury experience

• Bachelor's degree in finance, accounting, economics or related field required

• EXPERT EXCEL SKILLS, i.e. complex scenario modeling, pivot tables, lookups, etc.

• Cash flow forecasting

• ESOP knowledge or experience would be a bonus, but not a requirement

• Ability to quickly understand complex transactions

• Knowledge of the banking industry and technical knowledge of bank products

• Ability to apply finance and treasury principles

• Ability to multi-task in fast-paced environment

• Strong analytical skills

• Effective planning and priority setting abilities

• Must be well-organized and detail-oriented

• Ability to work independently and collaboratively

• Excellent communication skills, written and verbal

We look forward to hearing from you!

Eligible candidates must be authorized to work in the United States without sponsorship or restriction, now and in the future.

Shawmut prohibits discrimination against any staff member or applicant on the basis of race, color, sex, sexual orientation, gender identity/expression, age, religion, national origin, marital status, veteran status, pregnancy, physical or mental disability, genetic information, disability, creed, citizenship status, or any other legally protected characteristic.