Job Posting Title
Senior Analyst - Treasury & Cash Management
Job Description Summary
Dauch is looking for a Senior Analyst - Treasury and Cash Management to join our team in Detroit, MI. This position is hybrid, located at our World Headquarters.
This person will report to the Treasury Coordinator and is responsible for various lease accounting and administration duties, aspects of global cash management and other areas of Treasury administration. Responsibilities involve a good understanding of general treasury matters, including US GAAP for accounting for leases, intercompany financing transactions, and leasing software, cash management activities and systems, and ERP systems.
The ideal candidate had excellent attention to detail and commitment to a high degree of accuracy. We are looking for someone with outstanding communication, project management, leadership, analytical, and problem-solving skills. Exposure to global business and experience interacting with global partners is preferred.
Ready to join the team that is Bringing the Future Faster? Apply today!
Job Description:
Lease Accounting:
- Responsible for various aspects of lease administration, including review of new lease agreements and lease renewals, administering the company’s lease software, training users on leasing policy requirements and system use, and preparing monthly journal entries and account reconciliations for corporate leases.
- Supports the implementation of Dauch’s leasing system to all global locations.
- Prepares quarterly consolidated lease account reconciliations for balance sheet and P&L leasing accounts.
- Completes required quarterly/annual schedules for Financial Reporting support.
- Assists with quarterly external audits.
- Performs Sarbanes-Oxley 404 testing for certain Lease Accounting controls.
- Assists in day-to-day management of Master Leasing Agreements in the U.S.
- Works with Procurement department to identify Leasing opportunities.
- Coordinates with Financial Reporting on US GAAP as it relates to lease accounting.
Global Cash Management:
- Supports certain intercompany financing activities, such as intercompany borrowing analysis or administration and interest accruals.
- May perform certain U.S. cash management activities under the direction of the Global Cash Manager – including the analysis of daily cash activity and cash balance positioning, payment entry and approvals, and other cash management activities.
- Executes FX trade operations, including spot trades and related documentation.
- Administration, support, and assistance with audit of global bank account management, bank signatory updates, electronic banking entitlements, and bank account reconciliation reviews.
- Certain back-up responsibilities for Global/Foreign banking platforms administration.
- Assists with the preparation of the company’s daily cash balances and short-term cash forecasting process, as needed.
Projects and Other Duties
- Participates in cross-functional teams to improve processing efficiency and/or increase automation in the company’s Global Cash Management functions worldwide.
- Works on project teams supporting Treasury continuous improvement and technology projects.
- Supports technology or process implementations.
- Supports bank account security and fraud management.
- Assists with the coordination of Quarterly Treasury Reviews and participates in certain Treasury reviews with Senior Management.
- All other duties as assigned.
Required Skills and Education
- Bachelor's Degree in Accounting, Finance or Economics or equivalent experience; MBA, CPA, and/or CTP preferred.
- 5+ years of relevant experience within Treasury and/or Accounting. Lease accounting or administration experience preferred.
- Knowledge of Cash Management, forecasting and treasury operations.
- Good understanding of internal controls and appreciation of the internal control environment.
- Understanding and working knowledge of US GAAP.
- Proficient in Microsoft Office (Excel, PowerPoint, Word, etc.).
About AAM:
As a leading global Tier 1 Automotive and Mobility Supplier, AAM designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Discover how we’re Bringing the Future Faster at AAM.com.
AAM will not discriminate against any Associate or applicant for employment because of age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. AAM will take affirmative action to ensure that applicants are employed, and that Associates are treated equally during employment, without regard to their age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. For the Disabled Job Seeker: We offer reasonable accommodations for qualified disabled individuals who are applicants for employment. To request assistance or accommodations, please e-mail TalentAcquisition@aam.com. AAM is an equal opportunity/affirmative action employer.