WPP is the creative transformation company that utilizes the power of creativity to build better futures. They are seeking a Treasury Analyst to join their US Treasury team in New York, responsible for managing financial resources, optimizing liquidity, and supporting strategic financial initiatives within a dynamic environment.
Responsibilities
- Manage daily cash positioning, including monitoring bank balances, initiating wire transfers, and performing daily cash reconciliation across multiple bank accounts and legal entities
- Manage short term liquidity by issuing commercial paper, money market loan, invest excess cash in funds / fixed term deposits
- Process and verify electronic payments (ACH, Wires) ensuring accuracy, proper approvals, and timely execution
- Collaborate with accounts payable, accounts receivable, and payroll teams to ensure accurate and timely processing of transactions
- Prepare and analyze short-term and long-term cash flow forecasts by collecting data from various business units and financial systems
- Identify variances between actual and forecasted cash flows and provide insights to management
- Assist with bank account management, including opening/closing accounts, updating signatories, and maintaining banking resolutions and documentation
- Act as a point of contact for bank operational issues and inquiries
- Ensure data accuracy and system integrity in treasury management systems (TMS) and banking portals
- Assist with foreign exchange exposure reporting and analysis, identifying potential risks and opportunities
- Support the execution and settlement of FX transactions
- Assist with debt reporting, interest calculations, and compliance with debt covenants
- Support the administration of credit facilities and other financing arrangements
- Conduct ad-hoc financial analysis and prepare reports for senior management on various treasury-related topics
- Support month-end and quarter-end close processes for treasury-related accounts
- Ensure compliance with internal treasury policies and procedures, as well as external regulatory requirements
- Participate in internal and external audit requests related to treasury operations
- Identify opportunities for process efficiencies, automation and implement best practices within treasury operations
- Participate in treasury projects and initiatives as required
Skills
- Bachelor's degree in Finance, Accounting, Economics, or a related field
- 1-3 years of relevant experience in corporate treasury, finance, or banking operations
- Proficiency in MS Excel (intermediate to advanced) required
- Familiarity with Treasury Management Systems (e.g., IT2, Kyriba, SAP, FIS) and various banking platforms
- Strong analytical and problem-solving abilities with meticulous attention to detail
- Excellent written and verbal communication skills, with the ability to articulate complex financial information clearly and concisely
- Proven ability to prioritize tasks, manage multiple projects simultaneously, and meet deadlines in a fast-paced environment
- Ability to work effectively both independently and as part of a collaborative team
- High level of integrity and discretion when handling sensitive financial information
- Working towards or holding a Certified Treasury Professional (CTP) designation
- Experience in a global, multi-entity organization
- Familiarity with Power BI or other data visualization tools
- Prior experience in the media, advertising, or marketing industry
Benefits
- Competitive benefits package
Company Overview
WPP creates transformative ideas and outcomes for its clients through an integrated offer of communications, commerce, and technology. It was founded in 1985, and is headquartered in London, England, GBR, with a workforce of 10001+ employees. Its website is http://www.wpp.com.
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