Finance - Treasury Analyst

351 King St E, Toronto, ON M5A 2W4, Canada Req #361

Thursday, December 5, 2024

From our first lot in Cambridge, Ontario, to residential, commercial, and recreational developments in 18 cities across North America, we’ve come a long way. While a lot has changed in that time, one thing hasn’t: our unwavering commitment to building great spaces that inspire the people who live, work and play. With over 45 years of experience, we continue to transform and lead the industry with technology, sustainable design and innovation with a multi-faceted portfolio including commercial, mixed used and residential development, construction management and software, engineering penalization manufacturing, architecture and hospitality.

**SUMMARY**

At Great Gulf, our Treasury team drives operational and strategic value. As a Treasury Analyst, you will play a meaningful role in enabling the activities of the Treasury department, including cash management activities, automation initiatives and other ad hoc projects. You will collaborate with multiple internal and external stakeholders, including our banking partners, to conduct a wide range of daily Treasury tasks as well as analytical and project work. This is an exciting role for a highly competent and dynamic individual to take on a significant role in a fast-paced Treasury Operations team.

Great Gulf is seeking a talented and experienced Treasury Analyst to join our team in Toronto.

**KEY RESPONSIBILITIES**

Banking Support
- Support the bank account opening and closing processes and obtain required documentation, signatures and assist with KYC process
- Maintain database of bank accounts and signatories
- Assist with signatory changes for bank accounts
- Assist with analyses on user access for various banking portals; develop and maintain internal controls
- Prepare monthly bank fee analyses and benchmark fees across banks
- Prepare audit confirmations for bank accounts and loans
- Assist with ad hoc analyses and projects.
- Download supporting bank documents (Bank -, Billing Statements) and provide information for reconciliation purpose, as well investigate

Treasury Automation
- Assist with implementation of various services with multiple banking partners
- Assist with migration to electronic payments for various payment types
- Review workflow process and work with IT to implement software’s for tracking purpose
- Maintain and upgrade Treasury’s centralized ticketing system for payments in FreshService

Trade Finance
- Support the maintenance of Letters of Credits
- Prepare monthly LC reporting and find ways to automate it
- Prepare analyses for LC related fees, facility usage, commitment fees

Daily Cash Management Activities
- Support daily cash management activities including, but not limited to cash positioning, initiating wires, internal transfers, WSIBs, EFTs, Tax payments, FX swap
- Ensure appropriate documentation is maintained for all bank transactions
- Provide insight and analyses on daily cash/banking activities to identify continuous process improvements and maintain best practices.
- Loan management including tracking, processing drawdowns and repayments
- Coordinate audit requests for the Treasury team
- Review stale dated cheques and approve stop payments

Other Responsibilities
- Participate in setting up fraud prevention and Risk Mitigation Program and training for Treasury-related activities
- Support Great Gulf’s Corporate Card program and expense reporting processes
- Collaborate with teams across the firm on new initiatives, process improvements and adhoc projects as they arise.

**COMMUNICATION/INFLUENCING OTHERS**
- Methodical and organized: This role requires that you work methodically and manage competing priorities, with strong sense of urgency, as the role is deadline driven.
- Driven, open and approachable relationship builder: You build relationships easily and are comfortable working cross-functionally. You have a desire to be part of a team responsible for building a highly effective treasury organization. Exceptional ability to work both autonomously and as part of the team is crucial for this role.
- A creative problem solver: You use critical thinking to evaluate problems and are always looking for process improvement opportunities and automation wherever possible. You are initiative driven and are always proactive.
- Diligent: You have solid attention to detail, and proactively follow up when needed to ensure outstanding information or actions are complete.
- Excellent communication and presentation skills, both verbal and written.
- Eager and adaptable: You are eager to learn and expand your skillset, and comfortable adapting to changing responsibilities in a fast-paced environment. You have both curiosity and willingness to learn new skills.
- Independent: You are an independent thinker who knows when to ask for help and are comfortable doing so.

**EDUCATION, EXPERIENCE, AND QUALIFICATIONS**

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- 2+ years of progres