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Senior Treasury Analyst

Bimbo Bakeries USA | Horsham PA 19044 USA | Full Time | Posted: 07/07/2020

Job Descriptiontop

Job Description

Have you ever enjoyed Arnold ®, Brownberry ® or Oroweat ® bread? A Thomas ® English muffin or bagel? Or perhaps snacked on a Sara Lee ®, Entenmann s ® or Marinela ® cake or donut? If the answer is yes, then you know Bimbo Bakeries USA!

Bimbo Bakeries USA is part of Grupo Bimbo, the world s largest baking company with operations in 32 countries. Bimbo Bakeries USA ( œBBUSA ) includes BBUSA and its subsidiaries and affiliated entities, including, but not limited to, Wholesome Harvest Baking, East Balt, and Acelerada. BBUSA employs 20,000 associates across the U.S. in bakeries, sales centers, corporate offices and on sales routes to ensure our consumers have the freshest products to feed their families at every meal. But our associates come to work for much more the chance to feed their own lives through exciting work that offers the opportunity to make a real difference in their professional and personal lives every day.

Unique opportunity for a Treasury analyst with a strong analytical or FP&A background.   This role will have primary responsibility for developing analytics, financial modeling, and period reporting capabilities within the BBU Treasury department.   Additional responsibilities will include supporting the management of day-to-day Treasury operations, including daily liquidity positioning, collection and payments systems, and internal controls, among other responsibilities as assigned by the Sr. Treasury Manager.

Position will be located  in Fort Worth, TX or Horsham, PA preferably but remote options are available if needed.

Key Job Responsibilities:

Financial Analytics:

  • Annual projections, cash flow forecasting, and KPI tracking.   Develop capabilities to utilize direct cash forecasting method (once Kyriba Treasury Management System implementation completed).

  • Period financial reporting, support for period close and budget/forecast variance analysis.

  • Develop and maintain sophisticated financial models and presentation structures that improve the speed and quality of analysis and/or reporting workflows within the department (e.g., cash positioning, bank fee analysis, merchant services analysis, working capital metrics analysis, etc.)            

  • Support the tracking of working capital benefits generated from the Supply Chain Finance program.    

  • Provide financial analysis support to bank product RFPs and other project teams.  

  • Performing other ad hoc research and analysis as required.

Treasury Product/Service Administration and Support:

  • Partner with Accounts Payable, Accounts Receivable, General Accounting, and business operations to ensure operational capability of payment systems, depository structures and bank products / services.   Support implementation of bank account structure changes as necessary.

  • Resolve day-to-day issues related to bank transactions, bank account administration, merchant services payment processing, EBT program and Smart Safe program.

  • Manage daily operational workflows associated with OneCard commercial card program.

  • Process all departmental invoices associated with Treasury products or services.

Crosstrain to Support/Backup Responsibilities of Cash Manager and Treasury Manager:

  • Ensure adequate operating liquidity by monitoring daily wire activity, deposit flows, loan payments, and investment cash flows.   Prepare daily reports for Treasury and Finance teams.

  • Coordinate daily investment/borrowing decision and related actions.    Confirm application of negotiated rates for investments and borrowing activities.

  • Manage wire transfer approval process, including initiating wires, maintaining bank templates and posting completed transactions to accounting system.  

  • Support the ongoing development of a strong Treasury control environment to ensure continuous compliance with Treasury policies and procedures, and to minimize risk of fraud.

  • Bank account administration, including entitlements, signatories and periodic auditing process.

  • Administration and support for BBU s in-house independent business partner financing entity (Advantafirst), including daily processing of new loan applications.

  • Resolve day-to-day issues related to proper functioning of armored car program.

  • Support Treasury Manager and Sr Treasury Manager with ad hoc projects, implementations, financial analysis, problem resolution and other activities.

  • Play key role in the preparation for and implementation of the Kyriba TMS.

Job Detailstop

Location Horsham, PA, 19044, United States
Categories Banking/Investment
Experience Years 3 yrs

Location Maptop

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Job Code req14489

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