Treasury Analyst

Holt Renfrew offers you an inspiring, fashion-driven environment with opportunities to learn and grow. From our incredible partnerships with iconic luxury brands, to our commitments to corporate social responsibility, you will be inspired every day.

A job at Holt Renfrew offers a competitive total compensation, a generous employee discount, pension, and health & dental benefits, tuition assistance, and continuous learning and development.

The Treasury Analyst is responsible for cash reporting, forecasting and management and foreign currency transactions and accounting.

Specific responsibilities include (but are not limited to) the following:

• Monitor and manage daily corporate liquidity (cash inflows and outflows) and corresponding movement of cash flows and wire transfers
• Prepare and analyze weekly cash forecasts on a rolling 12 month basis, including updating the forecast for weekly banking activity and monitor/investigate variances between forecasted and actual results to ensure sufficient liquidity position
• Coordinate with cross-functional groups including AP/AR, Buying Office, Supply Chain and others to confirm short-term funding requirements and model cash flow impact of long-term trends and distribution forecasts
• Maintain daily FX rates in SAP
• Perform daily bank clearing for in SAP for all bank accounts to ensure transactions are appropriately recorded in financial statements
• Prepare treasury related month-end journal entries in SAP including bank fees, FX gains/losses and interest income/expenses
• Perform monthly bank and tender reconciliations to ensure payment accuracy and completeness, identifying and investigating any irregularities or exceptional items
• Ensure proper accounting for foreign currency transactions, balances and revaluations; perform associated analytics
• Management of foreign exchange purchases and contracts
• Oversee and monitor the cash transaction process, including maintaining effective controls around all banking transactions and systems
• Prepare quarterly financial treasury compliance reporting
• Prepare semi-annual foreign currency buying rate forecast for use by the Buying team to minimize future foreign exchange exposures
• Identify potential improvements for current cash management and treasury processes and assist with testing and implementation of SAP changes
• Review and maintain administrative permissions, access rights and signing authorities for bank accounts as required and present to management on a quarterly basis
• Support external auditors as required during financial statement audits
• Prepare ad-hoc analysis, reports, and special projects as necessary

The ideal candidate:

• University Degree in Accounting or Finance
• Professional accountancy designation (CPA) or Certified Treasury Professional
• 3+ years of relevant work experience required
• Advanced SAP skills including FEBAN knowledge/use required
• Advanced Excel skills required
• Proficient in remaining Microsoft Office Suite (Word, PowerPoint, Outlook)
• Strong analytical, critical thinking, and problem solving skills
• Demonstrated ability to get things done
• Excellent interpersonal skills; a team player
• Confident and effective communication (written & verbal)
• Is adaptable and comfortable with ambiguity and change
• Highly service-oriented with exceptional organizational and follow up skills
• Passionate about fashion and luxury retailing

The measures of success:

• Contribution to financial objectives
• Individual objectives linked to the achievement of department goals
• Feedback from internal and external clients

Holt Renfrew is an equal opportunity employer committed to fostering a diverse and inclusive workplace. Our future success depends on the perspectives and contributions of all our employees -- their diverse backgrounds, abilities and experiences make our business stronger. If you are contacted for a job opportunity and require accommodation, please email careers@holtrenfrew.com and let us know so we can ensure you have an accessible candidate experience throughout the recruitment process. All requests are confidential and used only to meet candidate needs.