Treasury Analyst Job Description

Updated on: September 25, 2018

Scope of Job

Treasury analysts work to ensure smooth corporate cash management activities. They are usually responsible for bank accounts maintenance along with ensuring that global cash balances are mobilized efficiently. They are critical players in companies as they are required to manage cash forecasts and fund a company’s capital needs.

Treasury analysts work closely with treasury managers in carrying out day to day banking and liquidity activities for a company. They coordinate transaction processes, ensure appropriate recording of transactions, reconcile cash and transactions and resolve variances. On a broader level, treasury analysts handle essential banking activities such as managing wire transfers, reviewing bank activity reports and resolve any discrepancies that may occur along the way.

In order to qualify for a treasury analyst, you have to possess a basic knowledge of how the treasury works. People who previously worked as treasury managers and have an associate’s degree in finance along with a clean financial record are usually considered as good options to hire.

If you are thinking to apply for this position, you should look at the following list of job duties that a treasury analyst is expected to perform.

Sample Job Description for Treasury Analyst

• Manage and keep track of investments and borrowings
• Perform cash forecasting duties
• Identify and hedge foreign exchange exposure
• Prepare month-end accounting entries
• Review and authorize wire transfer requests
• Reconcile bank fees and resolve errors
• Manage and review account maintenance and bank account databases
• Furnish analytic support of financial metrics
• Generating reporting packages
• Track and review bank analysis statements
• Set up cash management services by interacting with various banks and financial institutes
• Manage electronic funds
• Improve cash management processes by making pertinent recommendations
• Monitor and update related documentation
• Reconcile transactions and provide operational support to the treasury on a daily basis
• Resolve variances and discrepancies
• Identify opportunities for cash management process improvement
• Oversee and manage credit agreements
• Manage security of sensitive cash and credit information
• Prepare financial statements for 401k
• Process tax payments and prepare data for audits
• Develop business strategies to increase processes
• Analyze fiscal information
• Monitor supply and movement of cash
• Assist accountants to maintain accurate and detailed financial records
• Calculate and accrue debt interests
• Review foreign checks for accuracy
• Ensure payroll taxes are filed in a time-efficient manner
• Make recommendations for current and future financial management strategies
• Coordinate efforts with other finance departments to ensure the financial stability of the company