Analyst Cash Management

ABOUT THE ROLE

We are seeking a dedicated and detail-oriented full-time Analyst, Cash Management to join our Finance team.

In this role, you will be responsible for maintaining and analyzing daily cash flow forecasts, managing daily banking activities, coordinating electronic funds transfers and short-term debt issuances. Additionally, you will handle bank balance and transaction reporting for both domestic and foreign business activities. Your responsibilities will also include generating reports, analyzing cash balances, and tracking changes in the cash general ledger accounts.

Reporting directly to the Supervisor, Cash Management & Treasury Reporting, this role involves collaboration with various internal corporate teams and business units. This role also involves interaction with representatives from the financial institutions that provide our banking services.

This is a full-time, union role based out of our Calgary downtown office.

Collective Bargaining Agreement: UUWA

A DAY IN THE LIFE

• Develop and analyze daily cash flow forecasts for TransAlta Corporation and subsidiaries, which are used as a reference for determining short-term borrowing, foreign exchange, and investing requirements
• Transmit details of daily external short-term financing and foreign exchange requirements to TransAlta traders. Initiate inter-company lending transactions
• Coordinate approval of large denomination cash transfers, both domestically and internationally, to ensure maximum cost and time efficiencies
• Support business units by analyzing, verifying/confirming, and distributing banking transaction and balance information obtained from electronic banking systems for both domestic and foreign accounts; and advise and/or respond to inquiries regarding these transactions
• Coordinate electronic funds transfers (EFTs) and liaise/follow-up with various bank and TransAlta representatives regarding disbursements and distributions
• Work with business units and external vendors to maintain accurate forecasting and transfer procedures within corporate policy
• Maintain and enforce internal control/exception reporting around cash management
• Coordinate with treasury back-office personnel to ensure that cash settlement obligations regarding foreign exchange and derivative settlements are completed
• Monitor accounts for returned payments and help coordinate repayment and support changes to vendor bank accounts
• Prepare and post journal vouchers to ensure accurate and complete recording, in compliance with corporate accounting policies, certain treasury-related transactions including financial derivatives, corporate finance transactions, debt issuances and repayments, interest expense and income, FX gains and losses, and share issuances and repayments
• Facilitate internal and external audits
• Assist settlements with the coordination of sensitive payments, including pool payment wire process
• Gather and prepare cheque deposits/journal voucher entries

ABOUT YOU

• 1 - 2 years of experience in Cash Management, Treasury, or Banking areas
• University degree or college diploma in Finance or Accounting, with a solid academic foundation in financial principles
• Familiarity with international cash management, short-term debt markets, and foreign exchange risk management
• Practical experience with SAP, particularly in the Treasury, Finance, and SEM modules, is highly desirable and considered an asset
• Proven ability to build and maintain robust professional relationships with both internal and external stakeholders, emphasizing effective communication and collaboration
• Proficient in critically analyzing changing situations and information, with the ability to make well-informed and sound decisions
• Demonstrated ability to work independently with minimal supervision, showcasing initiative and a proactive approach to problem-solving
• Effective organizational and time management skills, essential for handling multiple tasks and priorities
• Enthusiastic and motivated to thrive in a fast-paced, high-pressure environment, with flexibility to accommodate varying cash flow needs
• Willingness to maintain a flexible work schedule to accommodate dynamic cash flow requirements and business demands

THE PERKS

• Competitive salary and wages
• Company-matching pension plan
• Flexible health benefits for you and your family
• Generous vacation and personal days
• Learning and development programs
• Employee recognition and rewards

Explore our Careers site to see how we support your growth and wellbeing www.transalta.com/careers.

At TransAlta, we're driven by a Culture of Results, Learning, and Purpose. We prioritize psychological safety, wellbeing, inclusion, and belonging - creating a space where everyone can thrive. We believe that diverse perspectives drive innovation and progress, and we're committed to building a workplace where you can be your authentic self.

Ready to Power Up With Us?

Excited about this role but don't meet every single requirement? We still encourage you to apply. Studies have shown that women and people of color are less likely to apply for a job unless they meet every single qualification. You might just be the candidate we are looking for.

WHAT TO EXPECT

The successful candidate may be required to complete background checks appropriate to the role and may include criminal record, education and employment verification or credit checks. 'Safety sensitive positions' will be required to complete pre-employment testing.

Due to the high volume of applications we receive, only those progressing will be contacted.