Treasury Analyst I Job at Charles River Laboratories
Charles River Laboratories Wilmington, MA 01887
For 75 years, Charles River employees have worked together to assist in the discovery, development and safe manufacture of new drug therapies. When you join our family, you will have a significant impact on the health and well-being of people across the globe. Whether your background is in life sciences, finance, IT, sales or another area, your skills will play an important role in the work we perform. In return, we’ll help you build a career that you can feel passionate about.
Job Summary
The Treasury Analyst position is an integral Corporate Treasury role, responsible for tasks including
daily cash management, wire payments, investment execution and global bank account
administration, accomplished through utilization and maintenance of the FIS Treasury Management
System and Bank Account Management System.
ESSENTIAL JOB RESPONSIBILITIES
- Prepare the daily cash position, execute investments in money market funds, initiate wire
- Investigate, research, and resolve requests and inquiries received from internal partners
transactions.
- Communicate with senior department staff on cash needs and coordinate timing of investments.
- Open and maintain designated bank accounts, and update signatories as needed.
- Maintain database of worldwide banking relationships, account numbers and signatories.
- Prepare FinCEN 114 reports for all US persons that have signature authority on foreign bank
- Prepare reports for annual verification of bank accounts with controllers and reconcile to treasury
- Coordinate and monitor annual bank account confirmations for external auditors.
- Provide banks annually with fiscal month-end dates and ensure accuracy of cut-off statements.
- Assist with new company integration, including signatory updates on bank accounts, opening
- Review monthly bank account analysis statements, prepare a summary report and provide
- Monitor credit ratings of relationship banks, update monthly management report and alert
- Gather & distribute lease rates to controllers.
- Execute monthly intercompany netting payments and reconcile activity in the netting bank
- Maintain cash management banking relationships.
- Issue and maintain letters of credit.
- Ensure operational compliance with Sarbanes Oxley controls, Credit Agreement covenants and
- Assist with the preparation of the monthly worldwide cash report
- Perform all other related duties as assigned
Job Qualifications
- Education: Bachelor’s degree (B.A./B.S.) or equivalent in finance, accounting or related
- Experience: Zero to four years of related experience.
- Candidates with banking background encouraged to apply
- An equivalent combination of education and experience may be accepted as a satisfactory
- Strong analytical, communication and organization skills required. Must be proficient in
Compensation Data
The pay range for this position is $60,000 to $70,000. Please note that salaries vary within the range based on factors including, but not limited to, experience, skills, education, and location.
About Corporate Functions
The Corporate Functions provide operational support across Charles River in areas such as Human Resources, Finance, IT, Legal, Sales, Quality Assurance, Marketing, and Corporate Development. They partner with their colleagues across the company to develop and drive strategies and to set global standards. The functions are essential to providing a bridge between strategic vision and operational readiness, to ensure ongoing functional innovation and capability improvement.
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