Location:
Secaucus, New JerseyJob Summary:Reporting to the Treasury Manager, the Sr. Treasury Analyst is a critical role responsible for managing all work streams related to cash operations, including day-to-day cash management, cash accounting, short-term forecasting, debt compliance documentation, and treasury/banking systems. Additional responsibilities will include supporting the renewal of all insurance policies, the administration of claims, performing annual risk assessments and exposures, gathering audit/SOX documentation, and process improvement efforts.
Responsibilities:
Key Accountabilities:
- Perform the daily cash management process, including wire transfers, ACH, and cash positions, ensuring adequate liquidity for all entities
- Execute on the short-term cash strategy as it relates to global liquidity and debt compliance testing
- Update the company’s short-term cash forecasting model and related analysis/reporting
- Perform the month-end accounting for cash, insurance, debt, and interest expense
- Maintain and own documentation for compliance with Sarbanes-Oxley controls testing
- Coordinate information submissions for external audit requests
- Prepare all insurance renewal documentation for review by the Treasury Manager
- Maintain insurance expense schedules, premium payments, and claims activity
- Optimize the company’s global bank account structure and review monthly bank fees
- Act as day-to-day contact with our banks, treasury system provider, insurance agent, broker, and claims administrator
- Lead insurance renewals and gather required information
- Create, review, and recommend improvements to treasury and risk processes
- Act as system administrator for all banking systems and perform user compliance testing for user access and approval limits
- Actively participate in cross-functional project teams related to company initiatives
Education and Experience:
- Bachelor’s degree in accounting, finance, or related field
- 3-5 years of experience in treasury, preferably for a retail organization
- Hands-on experience with borrowing base certificates, covenants, and detailed cash flow forecasting
Skills and Behaviors:
- Strong interpersonal, communication, and relationship-building skills with a strong collaborative nature
- Process improvement mindset, such as automation of daily tasks utilizing the current treasury system
- Solid understanding of financial statements and strong analytical skills
- Must be extremely well organized, able to handle changing priorities, and work with a sense of urgency
- Possess a high level of integrity and sensitivity to confidential information
- Proficiency with Excel
Top Skills
What We Do
The Children’s Place is the largest pure-play children’s specialty apparel retailer in North America. The Company designs, contracts to manufacture, sells and licenses to sell fashionable, high-quality merchandise at value prices, primarily under the proprietary “The Children’s Place”, "Place" and "Baby Place" brand names. As of November 3, 2018, the Company operated 988 stores in the United States, Canada and Puerto Rico, an online store at www.childrensplace.com, and had 211 international points of distribution open and operated by its eight franchise partners in 20 countries.
