November 2, 2007, Newsletter Issue #51: Treasury Analyst

Tip of the Week

The Treasury Analyst is responsible for a variety of duties and responsibilities depending upon the entityís size, and individual requirements. In general, the Treasury Analyst must:
Maintain banking relationships,
Analyze bank fees, recommend cost savings, maintain bank accounts, liaison between bank and managementMaintain cash, debit, and interest schedulesAnalyze treasury accounts and processesAnalyze and prepare foreign exchange transactionsAnalyze and possibly prepare A/R, A/P, and G/L entries and reconciliationsMaintain communication with Regulatory Reporting to ensure efficiency between Internal & External auditingMaintain company stock ledgerCash management responsibilities includes estimates, calculation of net cash position, analysis of bank activity and assessment of investing/borrowing activity; maintaining lockbox activity and recordsQualifications for a Treasury Analyst position include:
Experience in cash managementSolid finance and accounting skills are necessaryExcellent analytical abilities, strong interpersonal skills, and an ability to work and communicate effectively with all levels of operations and senior management.†A Bachelorís Degree in either finance or accounting is usually requiredThe Treasury Analyst annual salary ranges around $50,000. This depends upon the firm's size and individual position responsibilities.

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