What are the responsibilities and job description for the Treasury Analyst position at 7-Eleven, Inc.?
▶ Who we are
Imagine working in a place where continuous improvement and innovation is celebrated and rewarded; where fast-paced, high-impact teams come together to positively drive results for one of the largest & most iconic brands in the world.
As the only rapidly growing retailer, you may know us as your friendly neighborhood store. You probably know our familiar name, have seen our pervasive logo, and have tried our highly sought-after products, such as Slurpee® and Big Bite®. “Brain Freeze” is a 7-Eleven registered trademark for our 53-year old Slurpee® and with over 77,000 stores globally (more than any other retailer or food service provider), we sell over 14 million a month.
But there’s a lot more to our story and much more left to be written. We are transforming our business, ensuring we are customer obsessed and digitally enabled to seamlessly link our brick and mortar stores with digital products and services.
At 7-Eleven the entrepreneurial spirit is in our DNA and has been ever since our inception 90 years ago. It’s what drove us to invent the convenience industry in 1927 by envisioning how a simple ice dock could provide household staples such as milk and eggs to better serve the needs of our customers.
Today we are redefining convenience and the customer experience in big ways...we are fundamentally changing our culture and we want talented, innovative, customer obsessed, and entrepreneurial people like you to come make history with us.
▶ How we lead
At 7-Eleven we are guided by our Leadership Principles.
- Be Customer Obsessed
- Be Courageous with Your Point of View
- Challenge the Status Quo
- Act Like an Entrepreneur
- Have an “It Can Be Done” Attitude
- Do the Right Thing
- Be Accountable
Each principle has a defined set of behaviors which help guide the 7-Eleven team to Serve Customers and Support Stores.
▶ About This Opportunity
Responsibilities
Position will perform Treasury Management functions including and related to cash management for 7-Eleven, Inc, 7-Eleven Canada, Speedway and SEI Fuels. The analyst will participate in and lead projects and reports to the Manager, Treasury Management.
Cash Management – 7-Eleven, Inc.
- Prepare 7-Eleven Inc. (SEI) cash position (daily)
- Prepare SEI cash forecast (daily)
- Perform analysis comparing actual cash position versus forecast (daily)
- Work with business partners to enhance accuracy of the cash forecast
- Work with Bank Accounting to concentrate cash from depository banks for investment (daily)
- Issue commercial paper for working capital as needed
- Identify cash investment opportunities in line with Company Policy
- Manage Benefit Trust Account funding and investments.
- Back up Cash Management role for 7-Eleven Canada and Speedway
- Build relationship with main Corporate Banks
Treasury Operations – 7-Eleven, Inc.
- Prepare or approve wire transfers (load or release daily)
- Handle ACH Positive pay for all 7-Eleven related entities.
- Maintain and update the ACH positive pay exception list for all 7-Eleven Entities
- Prepare or approve FX wires as needed (load or release)
- Print checks as needed
- Work with banks for issuance and cancellation of letters of credit as needed
- Prepare bank service charge budget for corporate accounts ($3 million budget)
- Analyze monthly bank service charge budget versus actual
- Prepare month end Treasury Journal Entries
- Assist with semiannual/ annual internal and external audit support
Systems
- Develop knowledge of FIS Treasury Management System
- Basic knowledge of Oracle EBS
- Liaison with IT and TMS Vendor for any upgrades or ad-hoc issues
Project Leadership
- Assist on Integration efforts associated with Speedway Acquisition
- Bank Fee optimization
- Convert checks to ACH payment
- Process improvement projects
- Lead or participate in projects and prepare reports or analysis as needed for management
Qualifications
Desired Skills and Experience:
- Bachelor’s in Finance, Accounting, Economics, or related field
- 2-3 years of experience in Treasury
- Basic Accounting knowledge
- Proficient in Microsoft Excel and word
- Experience of leading and coordinating projects
- Excellent communication (written and verbal), analytical and interpersonal skills
- Ability to multitask and deliver as per deadlines
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