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Job Information
Panasonic North America Sr. Treasury Analyst in Newark, New Jersey
Overview
Every moment of every day, people all over the world turn to Panasonic to make their lives simpler, more enjoyable, more productive and more secure. Since our founding almost a century ago, we’ve been committed to improving peoples’ lives and making the world a better place–one customer, one business, one innovative leap at a time. Come join our journey!
Responsibilities
Sr. Treasury Analyst
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What You'll Get To Do:
Under Treasury Manager’s supervision, conducts or assists in the day-to-day operations and reporting. Require a broad knowledge of treasury practice and procedures
Loan & Deposit
Arrange internal term and revolving loans and deposits for Group Companies (“GC”)
Adjust the cash positions at the bank accounts by transferring the funds for the in-house global settlement days (GSD / SGSD)
Initiate all necessary bank wires including third-party payments on behalf of the GC as well as bank account transfers and internal account transfers via the in-house treasury system
Monitor and analyze GC’s loan and deposit positions to advise efficient operations
Prepare Daily Cash Analysis and monitor GC’s loan limit and PFI transaction limit by bank
Create L&D balance summary from XSAS and cross check with Daily Cash Analysis
Download and save various MM and FX reports daily
Assist in issuing commercial papers for the group-wide fundraising need when instructed by PEX Japan Finance
Foreign Exchange (“FX”)
Adjust FX positions of group companies on the global settlement days
Introduce new method of funding, FX hedging for improving financial situation and avoiding FX risks
Create Daily FX Position Analysis to ensure the internal and bank positions are squared
Group Company Support
Support GCs’ Citibank sweep account and XSAS account opening/closing
Ensure GCs’ Master Agreement Signer Cards are up to date
Provide various XSAS operational support
Manage storage of UWC, RFA, agreements and bank related documents and others
Internal Control
Ensures full compliance with PNA policies, internal controls, and Sarbanes-Oxley Act.
Conduct initial internal control evaluations and assist responding to the inquiries from both external and internal auditors and other necessary procedures
Investigate, resolve, and/or report to the Treasury Manager any inconsistencies or improprieties
Documents
- Maintain PFI banking documents up to date
Qualifications
What You'll Bring:
Basic Qualifications
Scope
- No direct report
Education and Experience
Bachelor’s degree in Economics or Finance or equivalent work experience.
6-8 years treasury experience in the financial industry, including a corporate treasury-specialized affiliate, is required.
Proficiency in Japanese preferred but not required
Competencies
Thorough knowledge of treasury functions including related accounting principles.
Advanced computer literacy in MS Word, Excel, PowerPoint, and online banking systems.
Ability to manage time effectively and work well under pressure to complete tasks on cut-off time.
Considerably analytical and mathematical abilities. Detail oriented, organized, and thorough.
Communications
- Strong communication skills verbally and in writing to clearly report to the management, and deal with dealers, banks and group companies.
Other Requirements
- Travel: Less than 5 percent
Benefits & Perks - What's In It For You:
Panasonic prioritizes total wellbeing. We offer a wide variety of benefits and programs to support your physical, emotional, financial, social, and environmental health.
Competitive compensation package
Comprehensive benefits
Pet Insurance
Paid Parental Care Leave
Employee Referral Program
Educational Assistance
Flexible Work Program
Volunteer time Off
Casual Dress Code
Total Well Being Program
We Take Opportunity Seriously:
At Panasonic, we are committed to a workplace that genuinely fosters inclusion and belonging. Fairness and Honesty have been part of our core values for more than 100 years and we are proud of our diverse culture as an equal opportunity employer.
The wage range of $85,000 - $95,000 is just one component of Panasonic’s total package. Actual compensation varies depending on the individual’s knowledge, skills, experience, and location. This role may be eligible for discretionary bonuses and incentives. *The minimum hourly wage for this role will be the greater of the posted range, or minimum wage for the location where the employee will be working, subject to local minimum wage requirements.
We understand that your career search may look different than others and embrace the professional, personal, educational, and volunteer opportunities through which people gain experience. If you are actively looking or starting to explore new opportunities, send us your application!
Panasonic is an Equal Opportunity/Affirmative Action employer, and all qualified applicants will receive consideration for employment without regard to: race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, disability status, protected veteran status, or any other characteristic protected by law. All qualified individuals are required to perform the essential functions of the job with or without reasonable accommodation.
Due to the high volume of responses, we will only be able to respond to candidates of interest. All candidates must have valid authorization to work in the U.S.
Thank you for your interest in Panasonic.
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REQ-148875
Panasonic North America
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