Treasury Corporate Analyst - Havas

Finance W. Toronto, Ontario


Description

Position at Havas

Havas has an immediate position available in our Finance department  for a Treasury Corporate Analyst in our Toronto Office.  This is an exciting opportunity to work for a dynamic integrated marketing company in the heart of downtown Toronto. In this role you will work closely with the Assistant Manager and Manger to  help drive departmental and organizational objectives.

Key Responsibilities:

Treasury (60%)

  • Review and approve cash disbursement requests while monitoring bank accounts to maintain strict cash targets.
  • Update treasury on a daily basis for deposits, payroll, and other disbursements
  • Follow up and respond to bank inquiries relating to deposits, disbursements and service charges
  • Update cash management with month-end cash at books, average cash and month-end cash at bank
  • Weekly cash reporting to Spain with explanation of Current Year and Prior Year variances
  • AR/WIP ageing analysis for calculation of allowance for doubtful accounts and for analysis of customer accounts
  • Preparation of full year/monthly Cash flow forecast
  • Prepare and post month-end Journal Entries for Intercompany cash transfers, service charges and fees
  • Maintain loan continuity schedule, which includes principle, interest expense, and Interest rate for monthly journal entries
  • Assist with monthly and quarterly reporting, consolidation, intercompany reconciliation, and the budgeting process
  • Assist with the detailed analysis of Current Year and Prior Year Profit and Loss variances
  • Complete quarterly client profitability analysis and provide recommendations to the business when client profitability targets are not met
  • Assist with preparation of year-end audit
  • Other ad-hoc reports or responsibilities as assigned by Manager/VP of Finance

Special Projects (40%)

  • Supporting the Assistant Manager with projects that increase efficiency, provide business insight, and drive results to the bottom-line
  • Responsible for analyzing data and providing recommendations to our partners in the business
  • Forming and implementing new processes in order to streamline work efforts
  • Ensuring that milestones and timelines for projects and initiatives are met and/or exceeded

Knowledge and Skills Required:

  • Forming and implementing new processes in order to streamline work efforts
  • Ensuring that milestones and timelines for projects and initiatives are met and/or exceeded
  • Completion of a recognized post-secondary education program (Finance/Accounting)
  • Advanced excel skills, including v-look ups and pivot tables, and macros (Successful completion of an excel test during the interview process is required)
  • 2-4 years of relevant experience in Accounting or Treasury role (Agency experience an asset but not requirement)
  • Excellent verbal and written communication skills
  • Ability to analyze information and to evaluate the implications of a course of action or solution
  • Highly developed ability to multitask and manage multiple projects with competing demands and deadlines
  • Demonstrated ability to be innovative and creative
  • Solutions oriented and ability to think outside the box
  • Individual should be eager to learn and enjoy problem-solving and a work environment with many moving parts