Treasury Analyst (Hybrid) - Tommy Bahama, Lilly Pulitzer, Southern Tide Job at Oxford Industries
At Oxford, we own brands that evoke happiness ... from the relaxed island lifestyle of Tommy Bahama, to the sunny optimism of Lilly Pulitzer and bohemian spirit of Johnny Was ... because being happy never goes out of style.
We offer competitive benefits packages which may include generous vacation policy, health and wellness coverage, 401k with company match, discounted stock purchasing, options for education reimbursement, and amazing product discounts! We value work-life balance and offer a flexible corporate office environment.
About the Role:
- Perform analysis of cash management activities.
- Understand, review and record deposits and disbursements each day. Work with banks to identify, research, and resolve any unusual activity.
- Collaborate with brands and finance on anticipated cash inflows and outflows in order to enable efficient use of debt.
- Provide daily reporting to executive management on cash, LC and interest and provide analysis and make recommendations to minimize interest costs, including managing LIBOR tranches and derivative instruments.
- Track and recommend changes to investment or loan accounts to fund daily cash needs. Prepare associated notices to banks for funding changes to be approved by Assistant Treasurer or Treasurer.
- Administer the ACH ID set up and updates to debit limits.
- Review bank analysis statements for accuracy. Track bank charges for allocations and provide journal entry data to Accounting. Identify and recommend cost saving changes to bank services.
- Update bank account structure and funds flow diagrams. Maintain and update bank signature cards.
- Understand Company’s debt arrangements and negative covenants and ensure that Company’s investments and other use of cash and cash equivalents comply with terms of applicable restrictions.
- Assist Assistant Treasurer with ensuring SOX controls are met with respect to Treasury and cash management policies, including procuring information required to satisfy document / testing requirements.
- As needed, support CFO, Treasurer and Assistant Treasurer with research and analysis of banking/financing alternatives and potential product solutions.
- As and when required (e.g., due to holiday schedules), manage day-to-day functions of Treasury department.
- Receive and review vendor add/change requests for the enterprise, ensuring proper approval, accuracy, and validating information directly with the vendor as needed.
- Provide direction and guidance to Accounts Payable Specialist(s) on invoice processing, ensuring policies are satisfied.
- Update the SAP Vendor Master database with vendor additions and changes. Maintain appropriate support for all vendor additions and changes.
- Process ad hoc requests for payments in the SAP AP system ensuring proper approval and support for all such requests.
- Work with vendors across all operating groups to resolve invoice processing or payment related issues. Act as representative for operating groups with their vendors regarding timing of payments.
- Manage IRS reporting requirements for Accounts Payable function (i.e., 1099s).
- Process new applications and terminations on the US Bank card program. Establish and update credit limits as needed.
- Work with employees and bank to resolve problems and answer questions.
- Monitor monthly reports from VISA for issues with card accounts and supply updates as necessary to management.
- Work with insurance broker and brand representatives to ensure insurance claims and payments are being handled timely, including obtaining and analyzing information requests to ensure appropriate information is being furnished.
- As needed, support General Counsel and Assistant Treasurer with research relating to new or potential insurance alternatives, and research and provide recommendations on retentions / deductibles relative to market
- Recommend, implement and maintain process improvements.
- Create manuals and document policies and procedures for areas of responsibilities including developing procedures and/or modifying existing workflow to streamline and simplify processes.
- Maintain solid understanding and ensure compliance with the control environment and processes and procedures associated with all tasks above.
- Interface with internal and external auditors.
You will love this job if you…
- Have strong attention to detail and communication skills
- Enjoy using analytical skills and data driven approach to inform and make recommendations.
- Able to multitask and keep organized under tight deadlines.
- Strong project management and presentation skills.
- Demonstrate professionalism, integrity, values, principles, and strong work ethic.
Who we would like to meet:
- A bachelor's degree in accounting, finance, business, management information systems or a related field preferred.
- Generally, 1+ years of related or applicable business experience, including internships.
- Proficiency in Microsoft Word, Excel, PowerPoint, and Outlook.
- Knowledge and understanding of banking products and services.
- Experience developing financially analysis models and analyzing data to understand trends.
What happens next?
If you are interested in this opportunity please apply! You will receive an email confirming we received your application. We will review your application as soon as possible. You can update your resume or information at any time by accessing your candidate profile.
- Location of employees in remote designated roles requires advance notice and preapproval.
Oxford Industries is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristics protected by law.
U.S. EEOC:
Know Your Rights
Oxford Industries participates in E-Verify. Details in
English and Spanish
. Right to Work Statement in
English and Spanish
.
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