Treasury Analyst Intern

Wentworth-Douglass Hospital Somerville , MA 02143

Posted 6 months ago

GENERAL SUMMARY:

Under the direction of the Director, Cash Management & Commercial Banking, and in collaboration with PHS Finance & Affiliate finance teams, the Treasury Analyst (Intern), will coordinate and support the Cash Management Team in all aspects of cash management, commercial & merchant banking, PCI compliance and various process improvement efforts for corporate and subsidiary business units.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

Cash Management:

  • Assist in forecasting and monitoring of short and long-term cash position and attend monthly cash forecast meetings to gain an understanding of the liquidity management process:

Commercial Banking:

  • Assist in management of day-to-day operations relating to bank accounts and fund transfers

Merchant Banking:

  • Assist in management of day-to-day treasury operations related to credit card device inventory, new & replacement terminal device request, etc.

PCI Compliance:

  • Assists with PCI Compliance and Process Review related projects "as needed" within the Treasury Office (Website maintenance, Compliance Training & Reporting, Inbox Monitoring, etc.).

Process Improvement:

  • Assist in the management of treasury projects including best practice research, identification of potential product/operational solutions, performing cost benefit and risk mitigation analysis of solutions, making recommendations and implementing new products/solutions, as necessary.

  • Ad hoc financial analysis, as needed

LEVEL OF EXPERIENCE:

Requires knowledge of accounting and finance typically commensurate with the pursuit of a bachelor's degree in business, with some knowledge in cash management, treasury, banking or finance.

EDUCATION:

Pursuit of an undergraduate degree in Finance, accounting or a related field

SKILLS AND ABILITITIES:

Requires excellent quantitative and interpersonal communication skills to interact with a wide range of hospital, banking and other outside personnel.

Solid skills using Excel.

A basic understanding of banking & banking instruments, cash management and financial applications and the flow of information through an organization is critical.

Ability to think analytically and develop recommendations based on sound and accurate assumptions is essential and presents such recommendations to various levels of staff and management. A high attention to detail and the ability to produce high quality work products.

Ability to work both independently and collaboratively across functions in order to deliver high quality analysis.

Ability to organize, prioritize and manage commitments to completion within desired timeframe to meet deadlines.


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Treasury Analyst Intern

Wentworth-Douglass Hospital