Analyst, Cash Management

**Analyst, Cash Management - Union UUWA**

**WHO WE ARE**

“Energizing the Future.”

TransAlta owns, operates, and develops a diverse fleet of electrical generation assets in Canada, the United States, and Australia, providing municipalities, industries, and businesses with safe, low-cost, and reliable clean electricity. For over 114 years, TransAlta has been a responsible operator and proud community member where its employees work and live. We are committed to fostering a dynamic, productive, and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountabilities, strong leadership, and challenging opportunities for personal career growth.

**ABOUT THE ROLE**

We are seeking a dedicated and detail-oriented full-time **Analyst, Cash Management** to join our Finance team at our Head Office in **downtown Calgary.**

In this role, you will be responsible for maintaining and analyzing daily cash flow forecasts, managing daily banking activities, and coordinating electronic funds transfers and short-term debt issuances. Additionally, you will handle bank balance and transaction reporting for both domestic and foreign business activities. Your responsibilities will also include generating reports, analyzing cash balances, and tracking changes in the cash general ledger accounts.

Reporting directly to the Supervisor, Treasury Cash Management, this role involves collaboration with various internal corporate teams and business units. This role also involves interaction with representatives from the financial institutions that provide our banking services.

This is a full-time, union, office-based role with the flexibility of a hybrid work schedule (days in office & days at home).

**Collective Bargaining Agreement: UUWA**

**WHAT YOU WILL DO**
- Develop and analyze daily cash flow forecasts for TransAlta Corporation and subsidiaries, which are used as a reference for determining short-term borrowing, foreign exchange, and investing requirements
- Transmit details of daily external short-term financing and foreign exchange requirements to TransAlta traders. Initiate inter-company lending transactions
- Coordinate approval of large denomination cash transfers, both domestically and internationally, to ensure maximum cost and time efficiencies
- Support business units by analyzing, verifying/confirming, and distributing banking transaction and balance information obtained from electronic banking systems for both domestic and foreign accounts; and advise and/or respond to inquiries regarding these transactions
- Coordinate electronic funds transfers (EFTs) and liaise/follow-up with various bank and TransAlta representatives regarding disbursements and distributions
- Work with business units and external vendors to maintain accurate forecasting and transfer procedures within corporate policy
- Maintain and enforce internal control/exception reporting around cash management
- Coordinate with treasury back-office personnel to ensure that cash settlement obligations regarding foreign exchange and derivative settlements are completed
- Monitor accounts for returned payments and help coordinate repayment and support changes to vendor bank accounts
- Prepare and post journal vouchers to ensure accurate and complete recording, in compliance with corporate accounting policies, certain treasury-related transactions including financial derivatives, corporate finance transactions, debt issuances and repayments, interest expense and income, FX gains and losses, and share issuances and repayments
- Facilitate internal and external audits
- Assist settlements with the coordination of sensitive payments, including pool payment wire process
- Gather and prepare cheque deposits/journal voucher entries

**WHAT WE NEED FROM YOU**
- 1 - 2 years of experience in Cash Management, Treasury, or Banking areas
- University degree or college diploma in Finance or Accounting, with a solid academic foundation in financial principles
- Familiarity with international cash management, short-term debt markets, and foreign exchange risk management
- Practical experience with SAP, particularly in the Treasury, Finance, and SEM modules, is highly desirable and considered an asset
- Proven ability to build and maintain robust professional relationships with both internal and external stakeholders, emphasizing effective communication and collaboration
- Proficient in critically analyzing changing situations and information, with the ability to make well-informed and sound decisions
- Demonstrated ability to work independently with mínimal supervision, showcasing initiative and a proactive approach to problem-solving
- Effective organizational and time management skills, essential for handling multiple tasks and priorities
- Enthusiastic and motivated to thrive in a fast-paced, high-pressure environment, with flexibility to accommodate varying cash flow needs
- Willingness to maintain a flexible work sche