Junior Treasury Analyst

COMPANY OVERVIEW

The Garrington Group of Companies specializes in providing working capital and trade finance services to small- and medium-sized companies. We believe in respect, integrity, transparency and follow-through. Every day we work hard to do what’s right for our clients, and can help navigate many different types of challenges with confidence, creativity and perseverance.

Please visit https://garringtoncapital.com for more information.

LOCATION

Hybrid. Two days per week at corporate office in Toronto (Yonge and North York Centre) and remote work for the remainder. More time may be required in the office at the beginning to transition into the role.

POSITION SUMMARY 

This is a full-time, fixed-term position for an initial term of six (6) months, with the possibility of extension based on business needs and performance.

Reporting to the Manager of Treasury, the Junior Treasury Analyst is responsible for performing various treasury functions, with an emphasis on processing fundings and posting receipts in a timely and accurate manner.

The successful candidate will be a team player with an excellent attention to detail and a high degree of accuracy.

DUTIES AND RESPONSIBILITIES

Check all funding requests and supporting documents for accuracy in data entered.

• Approve all funding requests and release funds from the bank.
• Review and approve bank account set-ups and banking changes.
• Deliver real-time information to Franchisees and Account Managers regarding sufficiency and accuracy of the information and documentation provided.
• Review all supporting documents to ensure funds are sent to the correct recipient and in the requested currency.
• Communicate and collaborate with Account Managers and Relationship Managers to ensure funding requests above certain limits are approved for purchase prior to releasing.
• Send out banking confirmations and funding reports to Franchisees as requested.
• Perform daily reconciliation between outgoing cash and accounting system.
• Perform ad hoc/ other duties as assigned.
• Performing calculation to ensure participation changes are reflected accurately
• Posting interest monthly on factoring positions
• Manage cash fundings across entities (including cross organizational)
• Managing our Line of Credit via communication with CIBC syndication service

EXPERIENCE & KEY QUALIFICATIONS

• College diploma or University degree (preferably Accounting, Business Administration, Finance, or a related field)
• Experience dealing with banks is preferred
• Minimum 2-3 years of workforce experience; 3+ years is preferred

KEY SKILLS

• Strong attention to detail and a high degree of accuracy
• Ability to work independently and as part of a team
• Strong interpersonal, oral, and written communication skills
• Problem-solving skills
• Adaptable in a fast-paced environment
• Intermediate to advanced level knowledge of MS Excel
• Organized and ability to multi-task

WHAT’S IN IT FOR YOU?

• Competitive compensation, with a base salary range of $50,000-$60,000
• Eligibility for a discretionary performance-based bonus
• The opportunity to work with a leading North American alternative funding organization
• A collaborative, team-oriented work environment
• Opportunities to learn, grow, and develop your career

This is a new position; there is no existing vacancy.

We thank all applicants for showing their interest. However, only candidates under consideration will be contacted.

Please note: All employment is conditional upon completing and obtaining a satisfactory background check, including educational and employment references. Must be able to legally work in Canada.

Employment Equity

We are proud to be an equal opportunity employer striving to foster an inclusive and accessible environment. We are committed to creating an atmosphere without discrimination. We encourage applications from those who will enhance the diversity of our community.

We are committed to providing accommodations for people with disabilities. Should you require an accommodation during the interview process, please make your needs known in advance and we will work with you to meet your accessibility needs.