Job Information
Arkansas Electric Cooperative Corporation Senior Analyst - Treasury in Little Rock, Arkansas
Description
Monitor and analyze the company’s daily cash position to cover cash commitments and coordinate/optimize the short-term borrowing or investments, or assist in the execution of the daily cash management duties
Manage cash flow, income, liability obligations and assets
Pool cash from all secondary bank accounts when necessary
Adhere to month-end cut-off schedules for reconciliations of all debt-related accounts, all month-end processes, and all related journal entries
Assist in executing standby letters of credit, export letters of credit, performance bonds and similar instruments
Prepare daily, weekly and monthly reports on the company’s cash and debt position
Assist with the company’s hedging program
Perform data integrity and data analytics on treasury processes
Assist with risk management by identifying/recommending strategies to minimize interest rate and commodity exposures
Provide information in connection with the external and internal audits and monitor debt activities to ensure compliance
Develop, monitor and analyze bank fees including credit card and cash management expenses
Assist in maintaining debt records and legal documentation
Work with treasury management to maintain and rationalize the company’s choice of key banks including the data analysis of bank fee structures, services, relationships, credit levels and counterparty credit quality/exposure
Assist other departments (e.g., audit, accounting) with quarter-end and ad-hoc information requests as needed
Work with company’s business units to prepare weekly cash forecasts and other cash and borrowing projection models; coordinates with teams to identify and mitigate forecasting variances
Support accounting, tax, financial planning, internal audit and other functions as they relate to Treasury transactions
Work with FP&A on developing operating cash flow forecasts, enhance visibility into cash balances, optimize working capital and establish metrics/key performance indicators
Prepares journal entries related to treasury and/or finance and assists with the verification of recorded transactions to ensure appropriateness, accuracy and validity
Reconciles ledger accounts affecting treasury/debt and participates as a team member in the monthly and annual general ledger closing processes of AECC and AECI
Assist with presentation material for investors, rating agencies or the Board of Directors, as needed
Extract data related to debt functions, set up processes to make data analysis more efficient
Analyze and interpret trends from debt related data and report trends, to add business value
Due to our obligation to provide continuous, reliable electric service to our customers, the ability to maintain regular and punctual attendance and the ability to work outside your regularly scheduled office hours when necessary is an essential function of the job.
The ability to handle stress and work well with others are essential functions of this position.
Other duties and responsibilities as assigned
Minimum Qualifications
Bachelor’s Degree in Accounting, Finance, Statistics, Computer Science or related field, MBA preferred, plus six years of experience (2-5 years corporate treasury experience preferred) or equivalent combination of education and experience.
PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS
CTP or CFA or CDP
ADDITIONAL INFORMATION
Ability to quickly understand complex transactions
Excellent written, verbal, communication, and interpersonal skills
Proficient with Microsoft Excel and Power BI
Knowledge of the banking industry and technical knowledge of bank products
Strong financial modeling and knowledge of financial instruments
Ability to multi-task, well-organized, detail oriented and work collaboratively
Benefits
100% Company Funded Defined Benefit Pension Plan
401(k) with 3% Dollar-for-Dollar Company Match
Health, Dental and Vision Insurance
9 Paid Holidays
2 Floating Holidays
Educational Assistance
Paid Time Off
Short Term Disability
Long Term Disability
Free and Confidential Employee Assistance Program
EEO/AA/M/F/VETS/DISABLED
Should you elect to apply for this position, AECC/AECI will review your qualifications. If after reviewing the qualifications and experience of all applicants, your skills and credentials meet our needs, someone from our organization may contact you. Please be advised that the time required to complete the applicant review process typically takes between 30 and 90 days, but could extend beyond that. Once the position has been filled, all applicants will be notified via email.
Arkansas Electric Cooperative Corporation and Arkansas Electric Cooperatives, Inc. are Equal Opportunity Workplace and an Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, age or any other protected category.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)