Treasury Analyst

2 weeks ago


Toronto, Ontario, Canada Husky Injection Molding Systems Ltd. Full time
Treasury Analyst - Contract (2 - 3 months)

Title: Treasury Analyst - Contract (2 - 3 months)

Id: 19636

Type: FullTime

Husky Technologies TM is looking for people with the inspiration and talent to develop with us as we pursue our ambitious growth strategy.

The Treasury Analyst role is a tremendous opportunity to see and live the global reach of Husky – whether it is through cash management, insurance risk management, or foreign currency risk management. Reporting to the Global Cash Manager, the Treasury Analyst will be responsible for acting daily as the Back Office for Cash Management, and performing daily cash manager duties when the Global Cash Manager is away; as well as day-to-day insurance risk management.

This opportunity is a contract role for 2 to 3 months, with the potential to become permanent.

Responsibilities:

- Responsible for Transaction and translation FX risk identification and monitoring
- Preparing Derivative Valuations & Effectiveness testing quarterly – using Reuters, CVA Analysis
- Comply with hedge accounting rules, maintain effectiveness testing, measure ineffectiveness
- Prepare Note Disclosures for Financial Notes & MD&A
- Back Office Support - Confirmation of FX deals, initiating wire transfers
- Follow up with counterparties to ensure funds flow as required between Husky and the banks.
- Prepare and publish monthly FX rates

Insurance Risk Management:

- Annual renewals – coordinate data gathering for global insurance programs.
- Claims management: Work with broker, insurers, adjusters to open, manage, & close claims.
- Provide quarterly borderaux reporting to insurance broker.
- Manage Insurance Budget – administering and reviewing all invoices, and allocating charges as required.

Cash Management:

- Act as a backup to Cash Manager in their absence – completing all cash management activities.
- Day to Day "Back Office" functions.
- Review Letter of Credit Applications, Reconcile letters of credit quarterly.

Other:

- Provide comparative benchmarking analysis to FP&A, Business Support teams upon request.
- Assist VP Tax, Treasury & Commercial Operations with Global Commercial Reporting.
- Work on ad hoc projects or special analysis as required.

Qualifications:

- Minimum 3 years' relevant experience
- Attention to detail absolutely required.
- A bachelor degree in commerce, business or accounting
- Excellent interpersonal communication skills.
- Highly organized with the ability to multitask and meet deadlines
- Good analytical and problem solving skills
- Good knowledge of computerized financial systems and Excel
- Proficient with Thomson Reuters Eikon

Husky Technologies TM is committed to equal employment opportunity and values diversity in our workplace.

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