Treasury Analyst

Job Details:-

This is a job posting from company – RevZilla

Employment TypeFull Time

Work Hours: 8

Salary: $20 To $30/An Hour

Location: Pennsylvania, USA

This job is 100% remote.

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Company Description

Comoto Holdings is America’s largest and fastest-growing omnichannel platform in the powersports aftermarket-products industry; dedicated to advancing the experience of powersports enthusiasts across the globe. Comoto’s brands, RevZilla, Cycle Gear, J&P Cycles, REVER, and Common Tread, deliver premium products, dedicated expertise, engaging media, and passionate customer support of the powersports community, through best-in-class e-commerce and retail experiences.

The accounting and finance team at Comoto consists of highly motivated people who are encouraged to bring their skills and initiatives to the table. They drive efficiency and change to improve the internal systems and processes through skills, development, and collaboration. We operate in a fast-paced, changing environment.

*This is a hybrid remote position that will require 2-3 days per week in office.

Job Description

This dynamic role will be part of the Comoto Corporate team and will report directly to the VP & Controller of Comoto. As Treasury Analyst, you will interface with the VP & Controller, members of the FP&A team, and the accounting team to manage and analyze an organization’s financial activity. Typical daily duties will include reviewing cash position, reviewing bank statements, managing Comoto’s credit card programs, performing wire/ACH transfers, processing taxes, producing accurate cash forecasts, assessing liability levels, and ensuring compliance with covenants. Now, on to the specifics:

What You’ll Do:

CASH FORECASTING: You will participate in the cash forecasting process by making funding recommendations, partnering with the FP&A team to identify accounting vs cash impacts, and by developing an automated daily cash position report.

GENERAL CASH MANAGEMENT: You will take ownership of managing the bank accounts for the company and it’s subsidiaries, including monitoring cash balances, and setting up bank routing rules, accounts and new users. You will participate in the Pay Run approval meetings, and support the team by reconciling and approving weekly payments, checks, ACHs, NACHA, and Wires in JPM to ensure that all payments are made on time, and monitor alerts related to payment failures and warnings.
When in the office, you will monitor and order appropriate check-stock based on history and upcoming changes, as well as deposit physical checks that come in via US mail, making sure to communicate any activity to ensure accurate and complete reporting. You will also use your attention to detail to manage supplier records with an emphasis on the identification of payment type, currency restrictions, tax classifications, and required tax documents.

TERM DEBT & ABL REVOLVER FACILITIES: In addition to facilitating the annual borrowing base audits (with assistance from the accounting department for support) you will participate in the annual audit through preparation of well-supported debt and interest schedules and reconciliations, debt footnotes in the consolidated financial statements, and annual audited debt covenants.
Throughout the year, you will update the Quarterly accrued interest for Term debt projections, and ensure all interest accruals are recorded for month-end to reconcile the relevant accounts. You will also record quarterly capital and interest settlements for Term Debt/Revolver (while ensuring that all entries are appropriately recorded and that loan balances are reconciled timely), and prepare quarterly terms debt continuation forms.
You will take on the responsibility of monitoring and initiating Revolver advances & payments; notifying the Accounting team of any Revolver payments or draws when they occur.

CREDIT CARD PROGRAMS: You will take charge of managing all credit card programs across the organization, including timely settlement of balances. Activities will include monitoring rebate programs, completion of new credit card applications and determining appropriate credit limits. To effectively manage these accounts, you will maintain a list of active card users, monitor usage, and assess their credit limits, manage cardholder status (active/inactive), and ensure that when someone leaves the organization, repeat transactions are transferred timely and the account access and cards are terminated. In order to help users help you, you will develop “How to” tips to teach card users to set default settings for specific vendors, and address any card related questions/requests/fraud/concerns they may have.
You will approve the quarterly rebate calculation, and confirm expected spending for each entity, calculate allocations, and distribute the rebates to appropriately record in the accounting records * REPORTING: You will prepare monthly covenant reporting for the Term Debt and the ABL Revolver facilities, Borrowing Base Certificates (BBC), and any additional compliance reporting as needed. When contracts are updated or renewed, you will make sure to update the corresponding model and compliance certificates. You will also take ownership of developing, documenting, and updating Treasury Policies and Procedures, and field any follow-up questions from Bank teams and Comoto team members.

Qualifications

Who You Are:

Our Treasury Analyst has:

CPA not required, but preferred.

At least 3-4 years experience in this or a similar field

Experience with JD Edwards, JPM Access, Spreadsheet Server

Ability to work in a high paced, highly collaborative environment

Exceptional computer skills with programs such as MS Excel and PowerPoint

Exceptional analytical and problem-solving skills with a strong eye for details

Strong financial and mathematic abilities

Excellent verbal and written communication skills

Strong time management and organizational abilities

A hands on, action-oriented self-starter approach

Completed a Bachelor’s degree in accounting, finance, economics, or a similar field

Additional Information

All your information will be kept confidential according to EEO guidelines.


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