Talent.com
Treasury Financial Analyst II

Treasury Financial Analyst II

Health Care Service CorporationChicago, IL, US
12 days ago
Job type
  • Full-time
Job description

Treasury & Investments Position

HCSC is looking for a dynamic individual to join its Treasury & Investments department! This position is responsible for partnering with treasury leadership to provide input and guidance on capital efficiency and liquidity business issues and to provide strategic financial input and leadership on decision-making issues affecting the line(s) of subsidiary business. Responsible for conducting and documenting treasury forecasting analysis projects, data gathering, manipulation, summarization, and analysis of reports, dashboards, cash throughput activity, trends, and opportunities. Provides treasury management with cash flow reporting and analysis that is used for strategic and tactical decision making. Responsible for working with various levels of management within treasury and the business units to develop, interpret and implement treasury forecasting concepts or techniques related to strategic planning and forecasting to drive business results. Note : this role is located in Chicago IL and is hybrid / flex which requires in-office visibility three days per week, working from home the other two days.

Required Job Qualifications :

  • Bachelor's degree in Finance, Economics or Accounting.
  • 3 years of experience in banking, treasury, cash management, consulting, or project management.
  • Advanced MS Excel skills including : modeling, regression analysis, formulas, graphs, advanced macros.
  • Experience with cash / bank management systems, Treasury Workstation, Treasury Management Systems (TMS) software platforms.
  • Experience with cash management, forecasting, and internal controls.

Preferred Job Qualifications :

  • MBA degree.
  • CTP, CPA, or FP&A designation.
  • Investment or cash accounting experience.
  • Treasury Workstation and bank software experience.
  • Prior treasury, banking or investment operations experience.

    • Key Responsibilities :

    Cash Forecast and Analysis :

  • Support capital efficiency decisions and strategy determined by treasury managers and directors.
  • Responsible for forecasting, cash flow analysis and modeling (develop and interpret data used in highly impactful treasury and company initiatives). Gather, interpret, and prepare cash flow projections. Analyze and report adequacy of liquidity. Support the development and maintenance of a 1-30 day operating liquidity forecast and a 13 week short-term cash forecast. Develop effective cash management and forecasting systems and tools to reliably forecast and stress test cash so that strategic options can be analyzed. Develop and perform attribution analysis identifying and trending key business drivers of cash sources and uses. Work closely with business units to obtain credible cash flow forecasting information and reporting.
  • Monitor and report compliance both internally and externally for cash consolidation statutory compliance.
  • Analyze short-term FHLB borrowing needs and communicate them to treasury management.
  • Perform back office support as assigned for HCSC Enterprise In-House Banking, netting, and pooling.
  • Conduct quantitative and qualitative analysis. Develop cogent findings, conclusions and recommendations. Develop and deliver useful reports and information to treasury operations cash management.
  • Support in Treasury Department development activities and collaborate across departments and divisions to bring cohesive solutions to the HCSC enterprise to meet treasury, cash, and working capital goals.
  • Support Treasury Department primary responsibilities serving both internal and external clients as assigned.
  • Partner with treasury management on ad hoc analyses, special projects and executive meeting preparation.

    • Treasury Cash Management and Control :

  • Responsible for cash flow in all bank accounts ensuring that funds are available to cover obligations. Maintain records of deposits, disbursements, and transfers of cash.
  • Lead treasury workstation activity to review and analyze daily cash positions within bank accounts and custody accounts. Employ various bank and internally developed tools and techniques to compile and summarize cash transaction information.
  • Monitor treasury workstation and banking systems ensuring maintenance of security and controls. Initiate and / or approve electronic fund transfers between internal HCSC and its subsidiaries bank accounts. Create set-ups for new electronic transactions.
  • Coordinate and work closely with superiors and Short Term Investment Management personnel to maximize the excess funds are invested to maximize return commensurate with future cash requirements.
  • Train others on systems, processes and procedures. Cross train with other areas within Treasury to not only back-up when necessary but gain an appreciation and understanding of their duties and responsibilities.
  • Ensure all cash transactions are recorded to the appropriate general ledger account. Ensure strong internal cash control procedures are operating effectively by balancing bank recorded activity to cash worksheets, sub-ledgers and general ledger accounts. Research internal and bank information. Create or produce reports related to cash and bank activity.
  • Assist and work closely with Financial Reporting area as part of their monthly bank reconciliation process and procedures.
  • Assist in the management and control of electronic fund transfers to and from third parties. Assist in the development and maintenance of a companywide process and procedures designed to facilitate well controlled and documented electronic fund transfers (i.e. disbursements and collections). Insure hierarch approval process commensurate with current authorization guidelines.

    • HCSC Employment Statement :

    We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. 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, or any other legally protected characteristics.

    Base Pay Range

    $54,800.00 - $121,100.00

    Exact compensation may vary based on skills, experience, and location.

    Create a job alert for this search

    Financial Analyst Ii • Chicago, IL, US

    Related jobs
    • Promoted
    Financial Analyst I

    Financial Analyst I

    Sasser Family HoldingsOak Brook, IL, US
    Full-time +1
    Recognized as one of the Best Places to Work in Chicago by.Sasser prides itself on supporting an employee-driven, opportunity-based culture that empowers, recognizes, and rewards its employees.From...Show moreLast updated: 3 days ago
    • Promoted
    Treasury Management Analyst

    Treasury Management Analyst

    Old National BankChicago, IL, United States
    Full-time
    Job Locations US-IN-Indianapolis | US-IL-Chicago | US-IN-Indianapolis | US-MN-St Louis Park | US-WI-Milwaukee | US-MI-Grand Rapids | US-MI-Ann Arbor Category / Function Treasury Ma...Show moreLast updated: 2 days ago
    Financial Analyst

    Financial Analyst

    Indeck Energy ServicesBuffalo Grove, Illinois, United States
    Full-time
    Quick Apply
    Come join our team! Indeck Energy, a leader in the development and operation of renewable and conventional power generation, is seeking a highly motivated Financial Analyst who will directly suppor...Show moreLast updated: 7 days ago
    • Promoted
    Financial Planning and Analysis II

    Financial Planning and Analysis II

    Jet Support, Inc.Chicago, IL, United States
    Full-time
    JSSI) has been the leading independent provider of maintenance support, advisory services, software, and financial tools to the business aviation industry for over 35 years.With 6,000+ aircraft sup...Show moreLast updated: 1 day ago
    Financial Analyst - I (USD)

    Financial Analyst - I (USD)

    eTeam IncChicago, Illinois, United States
    Full-time
    Quick Apply
    Approve or release wires in bank portal, Treasury Management System or administrator portal.Record daily bank activity in Wall Street Office and bank reconciliation excel files.Perform daily bank r...Show moreLast updated: 30+ days ago
    • Promoted
    Financial Analyst

    Financial Analyst

    Monarch CollectiveChicago, IL, US
    Full-time
    We are a Vacation Rental Management (VRM) platform encompassing several local and regional brands across the United States. Our strategy involves significant growth via M&A, augmented by organic...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Financial Analyst

    Financial Analyst

    Uline, Inc.Round Lake, IL, US
    Full-time
    Uline Drive, Pleasant Prairie, WI 53158.Uline has seen decades of growth, creating a steady work environment our employees can depend on. We’re looking for a Financial Analyst to help sup...Show moreLast updated: 7 hours ago
    • Promoted
    Business / Financial Analyst - II

    Business / Financial Analyst - II

    The Judge Group Inc.Chicago, IL, US
    Temporary
    Business / Financial Analyst - II.Targeted Years of Experience : 3-5 years.Understanding of leasing agreements, being able to reconcile rent and strong verbal communication.The person in this positi...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Treasury Management Consultant III, Specialized Industries

    Treasury Management Consultant III, Specialized Industries

    Capital OneChicago, IL, US
    Full-time +1
    Treasury Management Consultant III, Specialized Industries.This role is centered on generating new and expanding existing full-service treasury management relationships for Middle Market clients.Th...Show moreLast updated: 15 hours ago
    • Promoted
    Sr. Financial Analyst

    Sr. Financial Analyst

    Heartland Human Care ServicesChicago, IL, US
    Full-time
    N Broadway, 2nd Floor, Chicago, IL 60640.Hybrid, Monday to Friday (8 : 30am-5 : 00pm).Heartland Human Care Services is seeking a. In this position, you’ll maintain the general ledger, manage month...Show moreLast updated: 17 days ago
    • Promoted
    Financial Analyst

    Financial Analyst

    Community First Medical CenterChicago, IL, US
    Full-time +2
    The Financial Analysis are responsible for managing the hospital's financial analysis activities, collection information related to financial performance and consolidating it into complex repor...Show moreLast updated: 20 days ago
    • Promoted
    Treasury Analyst

    Treasury Analyst

    Compeer FinancialNaperville, IL, United States
    Full-time
    Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin.We bring together team members with a variety of backgrounds and experiences to help provide financial s...Show moreLast updated: 19 days ago
    • Promoted
    Senior Treasury Analyst - Corporate Finance

    Senior Treasury Analyst - Corporate Finance

    RR DonnelleyChicago, IL, US
    Full-time
    RRD provides marketing, packaging, print, and business services to the world’s most respected.The company’s proprietary technology, advanced data. With operations in 30 countries, global...Show moreLast updated: 20 days ago
    • Promoted
    • New!
    Treasury Management Consultant II

    Treasury Management Consultant II

    Capital OneChicago, Illinois, US
    Full-time +1
    Treasury Management Consultant II This role is focused on generating new to the bank and developing existing full-service treasury management relationships. He or she is responsible for directly and...Show moreLast updated: 3 hours ago
    • Promoted
    Sr. Analyst Financial Planning & Analysis

    Sr. Analyst Financial Planning & Analysis

    WestRockChicago, IL, United States
    Full-time
    Smurfit Westrock (NYSE : SW) is a global leader in sustainable paper and packaging solutions.We are materials scientists, packaging designers, mechanical engineers and manufacturing experts with a sh...Show moreLast updated: 2 days ago
    • Promoted
    Sr Financial Analyst

    Sr Financial Analyst

    The Bolton GroupDes Plaines, IL, US
    Full-time
    The Senior Financial Analyst participates in developing forecasts, budgets and multi-year plans, analyzing and reporting financial and operational results, developing business cases, and capital pl...Show moreLast updated: 6 days ago
    • Promoted
    Financial Analyst

    Financial Analyst

    Geneva Search PartnersChicago, IL, US
    Full-time
    The analyst will play a key role in.Opportunities for professional growth and career advancement within a prestigious, international company. A supportive work environment that values both excellenc...Show moreLast updated: 30+ days ago
    • Promoted
    Sr Financial Analyst - FP&A and Systems

    Sr Financial Analyst - FP&A and Systems

    TOLMARBuffalo Grove, IL, United States
    Full-time
    Under limited supervision the Senior Financial Analyst - FP&A and Systems, performs the administration, maintenance, and optimization of financial system (OneStream) that support accounting, consol...Show moreLast updated: 20 days ago
    Treasury Analyst

    Treasury Analyst

    Fellowes BrandsItasca, IL, US
    Full-time
    Our most important asset is our people.Who we are, what we do, how we do it and why we are passionate are all centerpieces of why we succeed. We are proud to be recognized : .Among America’s Best Mids...Show moreLast updated: 30+ days ago
    • Promoted
    Sr. Financial Analyst

    Sr. Financial Analyst

    PregisChicago, IL, United States
    Full-time
    We're Not Just in the Packaging Business-We're in the "Wow" Business.Pregis is in the packaging business to protect what matters. We are committed to providing our customers and employees sustainabl...Show moreLast updated: 2 days ago