Treasury Analyst

Treasury Analyst

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.

Job Mission

The Treasury Analyst position is part of the Corporate Treasury function in Finance. The Treasury Manager will work with small Treasury team to maintain cash flow and ensure sufficient liquidity to meet operational requirements. A successful candidate will have excellent analytical skills, strong attention to detail and ability to collaborate well with teams across the company.

The role reports to the Treasury Director and is based in Brighton Massachusetts.

Major Accountabilities

• Prepare rolling monthly balance sheet and cash flow forecasts to support financial planning.
• Lead the financial close and reporting activities for designated entities
• Develop and deliver monthly presentations and analyses of Actuals and Forecast for Senior Leadership.
• Assist in daily processing of wire payments and transfers.
• Ensure compliance with terms of financing agreements and related covenants.
• Assist in review of contracts and negotiation of vendor terms to optimize cash flow
• Collaborate with cross-functional teams (across global, regional, and local subsidiaries), including finance, accounting, tax, and legal, to ensure effective treasury operations.
• Evaluate, develop and implement cash management systems to enhance efficiency and accuracy
• Perform ad-hoc tasks and special projects as assigned by Treasurer or other department leaders

Requirements for Success

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 3-5 years' experience in Finance role
• Experience in cash management, cash flow forecasting, and working capital management preferred
• Strong communication and interpersonal skills, with the ability to collaborate effectively across teams.
• Strong analytical skills with the ability to interpret complex financial data and make informed decisions.
• Must have a demonstrated hands-on approach and success in working in a team-based environment.

Boston, MA Headquarters - (NB) Only Pay Range: $68,470.00 - $87,780.00 - $107,090.00 Annual (actual base pay varying based upon, but not limited to, relevant experience, time in role, internal equity, geographic location, and more.)

Our products are only as good as the people we hire, so we make sure to hire the best and treat them accordingly. New Balance offers a comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K. We also proudly offer a slate of more nontraditional perks opportunities like online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs that encourage our associates to grow personally as they develop professionally. You'll also enjoy a yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave, because work-life balance is more than just a buzzword it's part of our culture.

Temporary associates are provided three options for medical insurance as well as dental and vision insurance and an associate discount.

Part time associates are provided 401k, short term disability, a yearly $300 lifestyle reimbursement and an associate discount.

For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our North American hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while maintaining flexibility for associates. New Balance Associates currently work in office three days per week (Tuesday, Wednesday, and Thursday). Our offices are fully open, and amenities are available across our North American office locations. To continue our focus on hybrid work we have introduced "Work from Anywhere" (WFA) for four weeks per calendar year. This model will help us enhance our culture while continuing to maintain elements of flexibility.

New Balance provides equal opportunities for all current and prospective associates to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran, or any other protected status.