Treasury Analyst

Great company. Great people. Great opportunities.

If you'd like the chance to make your mark with the world's largest equipment rental provider, come build your future with United Rentals!

As a Treasury Analyst, you will be responsible for daily corporate liquidity management activities, including cash forecasting, foreign exchange trade execution. Provides corporate and branch support for liquidity management issues. Will support Treasury Manager by assisting in the implementation and follow through of new initiatives.

What you'll do:

Determine daily liquidity needs for corporation:

• Maintain near and medium term liquidity forecast inputting all known or estimated cashflows to ensure accuracy

• Set daily cash position, minimizing idle balances while ensuring sufficient liquidity

• Make daily AR and ABL borrowing recommendation for Treasurer or Assistant Treasurer's approval and ensure timely approval of time sensitive borrowing requests

• Reconcile forecasted to actual transactions for total company cash payments and wire transfers

• On a daily basis monitor bank account activity and execute daily transfers for funds

• Complete reports of cash activity in United Rentals Corporate accounts including updates to various Excel models and Kyriba (treasury workstation) utilized by various departments

• Work with accounting, cash reconciliation team and various other departments to ensure treasury initiated cash transactions are properly booked in the TWS and Lawson ledger system

Collect, review and process wire requests:

• Monitor wires mailbox and respond to all inquiries timely, engaging business partners

• Initiate domestic and international wires ensuring timely processing, following cutoff times, and incorporating into daily cash position

• Process all critical payments a day in advance of due date, including debt principal, interest expense, dividend, share repurchase, payroll, and tax payments

• Ensure adequate wire payment supporting documentation is received including proper authorization and approvals

• Monitor payment status of wires to ensure funds are released/received

• Troubleshoot any payment issues with the bank, Accounting and/or our IT support team

Prepare month-end general ledger upload:

• Work closely with accounting to code activity for the general ledger

• Input and maintain cash activity and debt balances in the Treasury Workstation

• Research unknown items to the concentration account working with the Cash Reconciliation and Accounting teams to resolve if needed

Banking and Treasury system security and user administration:

• Ensure timely setup and deactivation of users for online banking portals and Treasury systems

• Adhere to all approval matrix and SOX controls

Execute, settle and track foreign exchange trades:

• Execute FX trades

• Correspond with counterparty back office to confirm trades and settlement instructions, work with banks to resolve any issues

• Monitor trades and ensure timely execution by counterparty

• Provide all necessary supporting documentation to Accounting and other departments

Bank account administration:

• Open & close bank accounts, adhering to all banking resolution mandates

• Update signatory and other account information as necessary

• Perform annual Foreign Bank Account Reporting (FBAR)

• Maintain bank account database

Other duties as assigned:

• Understand and adhere to all SOX, policies and procedures, updating and maintain all documentation to keep them current

• Support overall departmental projects to help drive Treasury and company objectives

• Perform ad hoc analysis as needed

• Including cost of debt analysis, WACC analysis, bank fee wallet analysis, monitoring peer and bank credit ratings, etc.

Requirements:

• Bachelor's Degree required, preferably in Accounting, Finance, or related field

• 0-2 years related experience

• Strong excel and analytical skills

• Excellent interpersonal and communication skills

• Team-oriented and the ability to work across cross-functional teams

• Exceptional time management skills, ability to multitask and high attention to detail

• Uphold high ethical standards and transparency and thrive in a demanding, fast-paced environment.

• Able to manage small scale projects and push to completion

• A desire to learn about Treasury and Finance

• Work onsite at the Stamford Corporate office 3 days/week minimum

Why join us?

We don't just "talk the talk!" We're an award-winning company (recently named a Glassdoor Best Place to Work in 2023) that truly cares about our people - That's why we offer best-in-class benefits and perks that will support you and your family. In addition to our health and financial plans, we also offer:

• Paid Parental Leave

• United Compassion Fund

• Employee Discount Program

• Career Development & Promotional Opportunities

• Additional Vacation Buy Up Program (US Only)

• Early Wage Access through Payactiv (US Hourly Only)

• Paid Sick Leave

• An inclusive and welcoming culture

Learn more about our full US benefit offerings here.

Mutual respect for the dignity and fundamental rights of all persons defines our culture. United Rentals, Inc. is an Equal Opportunity Employer and makes employment decisions regardless of race, color, religion, sex, national origin, age, genetic information, citizenship status, veteran status, sexual orientation, gender identity, disability, or any other status protected by law. If you need a reasonable accommodation at any point of the application process, please email careers@ur.com for assistance.

United Rentals consists of a wide variety of roles with different duties and responsibilities. The actual pay rate offered to candidates varies depending upon a wide range of factors including specific position, education, training, experience, skills, and ability.