Treasury Analyst

New Balance
Boston, MA Full Time
POSTED ON 10/12/2024 CLOSED ON 11/11/2024

What are the responsibilities and job description for the Treasury Analyst position at New Balance?

Who We Are:

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. At New Balance, We Got Now.

JOB MISSION:

The Treasury Analyst position is part of the Corporate Treasury function in Finance. The Treasury Analyst 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 Director Finance and Treasury. Role is based in Brighton Massachusetts and is in office Tues-Thur.

MAJOR ACCOUNTABILITIES:

  • Update the daily cash flow to ensure that proper liquidity is maintained.
  • Assist in the monthly forecast of balance sheet and cash flow
  • Prepare monthly analysis of cash flow – casuals, risks and opportunities to cash availability and financing requirements.
  • Lead the financial close and reporting for related entities
  • Basic analysis of Foreign Exchange results
  • Assist in management of global insurance programs. Takes lead in data gathering for policy renewals and assists in claims process.
  • Collaborate with cross-functional teams (across global, regional, and local subsidiaries), including finance, accounting, tax, and legal, to ensure effective treasury operations.
  • Ad-hoc tasks and projects as assigned by Treasurer or other department leaders

REQUIREMENTS FOR SUCCESS:

  • Bachelor’s degree in finance or accounting, economics, or a related field
  • Minimum of 3-5 years’ work experience in finance role
  • Ability to multi-task to meet tight timelines
  • Strong quantitative, analytical and problem-solving skills
  • Strong communication and interpersonal skills, with the ability to collaborate effectively across teams.

Regular Associate Benefits

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.

Flexible Work Schedule

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.

Equal Opportunity Employer

New Balance provides equal opportunities for all current and prospective associates and takes affirmative action 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.

Salary : $300 - $1,000

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