Cleco Treasury Analyst in Pineville, Louisiana
Depending on the volume of applications, this position may close to external applicants before the job posting end date expires.
The Treasury Analyst will have knowledge of Treasury and Cash Management principles, practices, concepts, and theories. The Treasury Analyst will be responsible for performing daily Treasury activities, such as cash management, bank reconciliation, check printing, check deposits, and audit inquiries. Additionally, the analyst will assist with a range of tasks and projects as requested, including liquidity, debt and other ad-hoc financial analyses. Lastly, this role is responsible for contributing to the continual improvement of Treasury processes and systems.
Key Responsibilities :
Set the cash position for various companies on a rotating basis once or twice weekly and perform approvals for person setting the cash position on other days on a rotating basis; review bank activity to ensure accurate payment processing
Perform daily reconciliations of incoming and outgoing clearing accounts in SAP
Perform monthly General Ledger account reconciliations
Create a remote check deposit weekly for miscellaneous non-customer check payments received
Create monthly journals for outstanding check balances and fees debited from bank accounts, and record banking activity for bank accounts not on Electronic Bank Statement (EBS)
Enter daily rate resets for investment instruments in SAP
Support the development of operational policies and procedures; ensure all aspects of daily cash operations are handled with accuracy and that policies and procedures are followed; recommend updates as appropriate
Participate in the administration of bank setup, cash forecasting, and investment management from various business units and corporate departments; respond to audit inquiries as required and communicate with banks to clarify adjustments or items on bank statements to reconcile activity
Print Customer Refund checks and Accounts Payable checks for various companies
Assist with process automation and design by identifying areas to reduce routine manual tasks; participate in the integration of current systems (e.g., SAP) and analytical techniques to enhance/streamline current operations and improve efficiency
Contribute innovative ideas to develop and drive continuous improvement of Treasury service delivery and processes
Champion a corporate culture that emphasizes transparency, integrity, safety, environmental responsibility, employee development, diversity and inclusion, customer service, and operational excellence
Required Education, Experience, Skills:
Bachelor’s degree in Business Management, Finance, Accounting
0-5 years of related experience in Treasury Management or similar functions
Experience with financial systems/SAP preferred
Experience with Microsoft tools and applications
Knowledge of GAAP, Internal Control processes is preferred
Strong, problem-solving, planning, and project management skills
Willingness and ability to learn new technologies on the job
Proficient at functioning effectively within a team environment, presenting ideas and opinions in a professional and collegial manner
Strong customer focus and employee experience mindset
Licenses and Certifications:
- Certified Treasury Professional (CTP) designation preferred
Financial Reporting & Data Analysis
Industry and Business Knowledge
Cleco Corporate Holdings LLC is a regional energy holding company that conducts its business operations through two subsidiaries, Cleco Power and Cleco Cajun. Headquartered in Pineville, Louisiana, and in business since 1935, the company has almost 1,500 employees.
Cleco Power is a regulated electric public utility that owns 10 generating units with a rated capacity of 3,360 megawatts, 1,335 miles of transmission lines and 12,152 miles of distribution lines. Cleco Power uses multiple generating sources and multiple fuels to serve approximately 290,000 customers in 24 of Louisiana's parishes through its retail business and supplies wholesale power in Louisiana and Mississippi. Parishes served include Acadia, Allen, Avoyelles, Beauregard, Calcasieu, Catahoula, DeSoto, Evangeline, Grant, Iberia, Jefferson Davis, LaSalle, Natchitoches, Rapides, Red River, Sabine, St. Landry, St. Martin, St. Mary, St. Tammany, Tangipahoa, Vermilion, Vernon and Washington.
Cleco Cajun is an unregulated utility company that owns 14 generating units with a rated capacity of 3,379 MWs and wholesale contracts serving nine Louisiana cooperatives, three wholesale municipal customers and one electric utility.