Treasury Analyst (Finance)

Overview

ENERPAC - Who we are?

Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers and end markets for mission-critical applications in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group's businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Milwaukee, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC. For further information on Enerpac Tool Group and its businesses, visit the Company's website at www.enerpactoolgroup.com .

Summary - basic function of the role

The Treasury Analyst is a key member of the Global Treasury team, located in downtown Milwaukee, Wisconsin and reporting to the Assistant Treasurer. The successful candidate will have demonstrated strong treasury and/or finance skills, with strong written and verbal communication capabilities. The candidate will have responsibility for daily cash positioning, including borrowing and debt repayment, wire transfers, FX execution and analysis, banking KYC documentation and monthly financial reporting. The Treasury Analyst will be expected to work closely with the Sr Treasury Analyst and participate in various Treasury activities, perform a wide range of financial analyses, assist in risk mitigation activities (FX and Corporate Insurance), help support the banking needs of our controller/finance colleagues globally and participate in certain accounting activities.

Job Duties and Responsibilities

• Perform daily cash management activities, including daily cash positioning and funds transfers, global cash balance reporting, short-term borrowing or debt repayment, ad hoc wire payments, and cash forecasting.
• Manage the administration of our monthly intercompany netting process, treasury management system and banking platforms. Maintain the inventory of bank accounts and users.
• Reconcile the monthly reporting of cash for foreign bank accounts.
• Prepare cash transaction reporting for the general ledger posting and ensure US cash transactions are appropriately communicated to the accounting team.
• Assist on our monthly balance sheet hedging program and review monthly FX results.
• In conjunction with the Sr. Analyst, prepare, analyze and present to management the monthly and quarterly Treasury financial reports including cash, debt, share buybacks, bank fees, interest expense, cash flow and debt covenant reporting.
• Liaise between external banks and internal business customers to address bank compliance needs and support commercial requests for banking services such as opening/closing bank accounts, KYC, legal documentation updates and letters of credit.
• Ensure adherence to internal controls and external regulations for all treasury activities, while also supporting audit requests.
• Support Treasury team in continually improving operational procedures and controls to maximize departmental productivity and minimize costs and risks.
• Manage the Treasury group email inbox, including template approvals, wire requests and ad hoc queries.
• Perform other ad hoc duties as assigned, including assisting in integration of acquisition related banking structures.
• Support Assistant Treasurer in the annual corporate insurance renewal while also assisting in ad hoc insurance requests.
• Support Accounting as back-up to Financial Analyst or AP positions, as required.
• Performs other duties as assigned

Skills and Competencies

• Strong analytical skills, attention to detail, commitment to accuracy, ability to take ownership and accountability over projects and maintain confidentiality
• Customer-focused with a continuous-improvement mindset
• Possess high ethical standards and integrity, as well as maintain good working relationships with all employees, management, and executives
• Ability to communicate effectively with all levels of staff, management, and executives

Education and Experience

• Bachelor's degree in finance, accounting, or business is preferred
• 1-3 years of finance/treasury-related experience
• Experience managing multiple projects with minimal supervision
• Strong computer and Excel skills with competency in Microsoft Office applications. Knowledge of Treasury workstations and banking platforms is a plus.

Work Benefits

• Competitive benefits including paid parental leave, immediate 401(k) vest in company contribution, 3 health insurance options, company HSA contribution, and others.
• On-site fitness center with access to wellness coach and live fitness classes.
• Engagement with Employee Resource Groups which can provide leadership and networking opportunities.
• Community Outreach programs embedded in the Company's culture.

Physical Demands

Employee will have to be able to walk/climb to a variety of primary work locations. Employee will need to listen, understand, and speak with team members in person, telephonically, and electronically at all levels within a diverse workforce and with supported organizations. Employee is able to work in front of a personal computer for long periods of time.

Work Environment

Primary work environment is temperature-controlled office setting, and the employee will be exposed to low levels of noise in an office.

Direct Reports

None

Key External Contacts/Clients

Vendors

Diversity Statement

We are committed to recruiting, hiring, training, and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We will ensure your application is fairly considered and if hired, you will have an equitable opportunity to give your best at work, not because we're required to, but because it's the right thing to do. Enerpac Tool Group will provide reasonable accommodations within the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, reach out to our Talent Acquisition Team for additional information.

The above statements reflect the general details necessary to describe the principle functions of the job described and shall not be construed as a detailed description of all the work requirements that may be inherent in the job.