FLEXcon Company, Inc.

  • Treasury Analyst General Ledger and Banking

    Job Locations US-MA-Spencer
    Posted Date 4 weeks ago(4 weeks ago)
    Job ID
    # of Openings
  • Position Overview

    FLEXcon in Spencer, MA is seeking a Treasury Analyst (AKA Accounting Specialist) that will  handle international cash management and treasury operations and include management of the daily cash process, payments and funding, bank account administration and compliance.



    Cash Management/Treasury

    • Manage banking systems, features and related applications
    • Maintain on-line banking User rights and entitlements
    • Process ACH and check payments. Send files to bank and act on exceptions. Review and initiate wire and internal transfers.
    • Download daily bank transaction reports and maintain daily cash balance schedules. Reconcile and analyze operating accounts to insure liquidity
    • Download monthly bank statements. Prepare bank reconciliations and research errors
    • Maintain outstanding check list and follow up on stale dated checks
    • Serve as primary daily contact with bank representatives.
    • Responsible for opening accounts, closing accounts, list of authorized signers and account related documentation as necessary

    Investment Accounting

    • Maintain records and prepare monthly adjusting journals from brokerage statements.
    • Maximize Investment opportunities for excess cash. Manage the daily cash activity and coordinate on short term liquidity decisions

    General Ledger

    • Reconcile monthly intercompany balances between related companies.
    • Calculate monthly Loan/Interest Receivable schedules between related companies
    • Review weekly payroll journals for accuracy, make corrections – post to General Ledger. Process court garnishment checks and prepaid payroll checks. Forward payment for monthly Insurance premiums and FSA replenishment account
    • Ex-pats monthly payroll.
    • Annual DISC payments
    • Review and post consolidated entries between Holding and Parent companies. Maintain ledgers for Parent company.
    • Maintain summary cash projections to alert of any immediate and large future cash needs.
    • Update daily cash receipts schedules between Accounts Receivable and Treasury. Reconcile month end cash receipts between Accounts Receivable and Treasury, Post the AR import into Finance software.
    • Calculate quarterly bank covenants
    • Assist with various ad-hoc projects as assigned.


    EDUCATION: Financially oriented undergraduate degree required; MBA a plus

    EXPERIENCE: 2-4 years relevant financial experience with undergraduate degree; 1-3 years relevant experience with MBA

    TRAVEL: Less than 5%


    FLEXcon Company Inc. is not accepting unsolicited assistance from search firms for this employment opportunity. All resumes submitted by search firms to any employee at FLEXcon Company Inc. via-email, the internet or any other method without a valid, written Direct Placement Agreement in place for this position from FLEXcon Company Inc./Talent Acquisition will not be considered. No fee will be paid in the event the applicant is hired by FLEXcon as a result of the referral or through other means.


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