$90,000–$100,000 Per Year
Analysis Skills, Balance Sheet, Bank Management, Banking Services, Business Strategy, Capital Accounting, Capital Markets, Cash Management, Communication Skills, Customer Support/Service, Data Collection, Data Entry, Detail Oriented, Establish Priorities, Executive Assistant Skills , Finance, Financial Reporting, Financial Transactions, Forecasting, General Ledger Accounting, Head of Finance, Human Capital, Investment Analysis, Investment Services, Journal Entries, Loans, Marketing, Microsoft Excel, Microsoft Outlook, Microsoft PowerPoint, Multitasking, Needs Assessment, Pivot Tables, Power BI, Problem Solving Skills, Reconciliation, Risk Management, Time Management, Transaction Processing/Management, Treasury, Treasury Accounting
Job Description:
At Piper Sandler, we connect capital with opportunity to build a better future. We believe that diverse teams with unique backgrounds, skills, and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities.
We are seeking a Treasury Analyst to join our CFO in our Minneapolis, MN office. This position will be responsible for assisting the VP, Treasury with the cash management of the firm, as well as tasks and reporting related to the collateralization of the firms balance sheet. This individual will be held responsible for all major areas of accountability, as stated below.
Responsibilities:
- Determine the necessary levels of borrowing and investing according to the firms daily cash and margin position, by analyzing and capturing transactional data from a variety of sources (systems, departments, reports, and other institutions).
- Ensure the financing occurs in a manner consistent with established objectives, monitoring and managing bank balances and associated risks.
- Monitor and analyze securities in the firms inventory, maximizing usage of this inventory as collateral within the predefined criteria of each debt arrangement, to ensure the firms cash needs can be met through collateralized financing to the extent needed, while managing the associated risks.
- Maintain on-going communications with departments that impact inventory/collateral such as Short-term Trading, Capital Markets Accounting, Global Middle Office, and Trade Settlement.
- Facilitate firm payments (domestic and international wires, ACH, checks, and real-time payments).
- Create daily journal entries related to bank transactions and monitor bank reconciliation reports to ensure entries are posted to the general ledger in a timely manner.
- Maintain and analyze monthly bank service fees. Provide recommendations to management, if needed.
- Create/update MS Excel models used for tracking, analysis, and forecasting.
- Produce monthly/quarterly reports for internal/external financial reporting.
- Monitor financial covenants associated with lender(s).
- Provide excellent customer service internally to the various business lines, and externally to banks, vendors, and customers.
- Perform other duties as assigned and/or required, which may include assisting in other departments of the CFO group.
- Assist Treasury team and CFO group with identifying opportunities to automate repetitive tasks and streamline daily workflows to improve overall team efficiency.
Qualifications:
- 3+ years of experience in Treasury, Accounting, Business, Finance, or related.
- Intermediate MS Excel (formulas, macros, pivot tables, graphs, etc.), Power BI, Power Point, and Outlook.
- Proactive problem-solver who can work independently and make confident decisions, as well as being able to function as a member of a team.
- Able to multi-task, problem solve, and meet deadlines in a fast-paced environment.
- Possess the aptitude for attention to detail, prioritizing work, and accurate data entry skills.
- Have excellent communication and customer service skills.
About Piper Sandler:
As a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice, and a differentiated, highly productive culture. Our human capital, technology, marketing, and other corporate support teams work with our business partners to maximize each employee. We understand the dynamic nature of the industry and work alongside our company strategies. Learn more about our firm here.
Piper Sandler Values:
Piper Sandler values a strong culture dedicated to the emotional and physical well-being of our employees. Learn more about our commitment to our employees health, well-being, our benefits program, and how we are here for our employees and their families today, tomorrow, and beyond here.
Compensation:
The anticipated starting salary range for individuals expressing interest in this position is $90,000-$100,000 per year. Placement within this range is dependent upon level of experience, location, and other factors. This position is eligible for annual incentive compensation, which will be a part of the total compensation. Total compensation for this position will be competitive with the market.
Equal Employment Opportunity:
All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran, or status with regard to public assistance. #LI-AH1