Senior Analyst

Senior Analyst

$75-90k

Job Summary

Mid-level position as senior analyst within the Treasury Department performing back office tasks. Main role is to confirm various Treasury transactions, produce related reporting, and perform daily clearing of the positions for financial trades by preparing wire payments. Specifically, 'confirmation' means to check the validity of the details of the transaction with counterparties via email and/or trade platform to mitigate the risks for producing unrecorded/unauthorized transaction. It is a very important role and function in financial risk management. This position will be under the supervision of both Director and Manager in the Treasury Department. Be part of a team of diverse experienced professionals.

Duties/Responsibilities:

• The back office of Treasury Department is responsible for domestic / international settlements and transaction confirmation & clearing for financial instruments executed under SCOA for its own hedging and on behalf of its group companies. This position is a part of Transaction Admin. Line within Treasury Department to specialize the confirmation related tasks. The line is managed independently from entire department for the purpose of segregation of duties.
• Perform daily confirmation of money market trades and foreign exchange spot/forward transactions to ensure accuracy and validity. Input these transactions into SAP system for proper record keeping and post these transactions in SAP for appropriate accounting.
• Responsible for confirming and updating the periodic interest rate resets for SCOA's long term funding instruments.
• Initiate domestic and foreign wire payments as needed to settle bank loan interest payments and foreign exchange contracts.
• Create journal entries for incoming cash receipts as appropriate for intra-companies.
• Produce and distribute daily and monthly Treasury Department's money market and foreign exchange position reports.
• Process documentary settlement transactions (i.e. export letter of credit, bill of collection).
• Manage periodic authorized signer updates with financial institutions.
• Reports directly to both Directors and Managers in Treasury Department. The daily tasks are conducted under the supervision of the Manager.
• Support in ad hoc Treasury projects and perform other related duties as assigned.

Job Specific Knowledge/Skills & Abilities:

Required

• Mid-level for finance and accounting and basic knowledge of money markets
• Ability to multi-task in dynamic environment and can prioritize work based on business needs and requirements.
• Strong attention to detail and timely confirmation process as we handle market and price sensitive transactions.
• Ability to work collaboratively within team and also independently to conduct daily transactions without any mistakes and to handle sensitive company data with confidentiality.
• Excellent written and verbal communication skills
• Working knowledge of Microsoft Offic

Preferred

• Experience in SAP and online banking platforms
• Ability to use prescribed guidelines or policies in analyzing situations

Education, Certification and Experience:

Required

• Bachelor's Degree in Finance or Accounting
• Experience in financial institutions or finance dept. of a corporation (back office role). - 3+ years of experience working in financial institutions (or related experience).

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer.
• Hybrid work style (Minimum 2 days in the office/week).

*Please note that there will be no visa sponsorship/support provided for this position*