Treasury Specialist

Date: Nov 7, 2024

Location:

Lively, ON, CA, P3Y 1K6

Req ID: 31719

Onsite or Remote: Onsite Position

Komatsu is an indispensable partner to the construction, mining, industrial, and forestry industries that maximizes value for customers through innovative solutions. With a diverse line of products supported by our advanced IoT technologies, regional distribution channels, and a global service network, we tap into the power of data and technology to enhance safety and productivity while optimizing performance. Our Komatsu, P&H, Joy, Montabert, Modular Mining Systems, Hensley Industries, NTC, and Gigaphoton equipment and services are used to extract fundamental minerals and develop modern infrastructure.

Focusing exclusively on the underground hard rock, underground soft rock, and surface mining sectors, Komatsu Mining designs, manufactures, distributes, and services extensive product lines of highly reliable P&H surface mining equipment and JOY underground mining machinery used to cut, crush, load, and convey coal and industrial minerals worldwide. Komatsu Mining's products and related services are used extensively for mining coal, copper, iron, gold, and other mineral resources, and the company employs people worldwide.

Komatsu Mining Corp. offers rewarding experiences and unique growth opportunities in addition to the following:

Competitive wages
Annual Bonus
Comprehensive benefits package (health & dental, vision coverage, healthcare spending account, and life insurance)
Personal wellness allowance
Company-sponsored registered pension plan (RPP) and matching program.
Paid uniform and personal protective equipment
Paid vacation time
Paid sick time
Company-supplied tools
Trades apprenticeship and training opportunities
Training and education support
Employee social engagement activities and benefits
Industry-leading site safety statistics
Sustainable employment
Ability to be a part of an exciting and innovative company developing new state-of-the-art technology and equipment

Please visit our website https://www.komatsu.com/careers/ for more information.

Job Overview

Are you a finance professional with a passion for accuracy and efficiency? Join our team as a Treasury Specialist and play a crucial role in navigating the thrilling complexities of high-value and international multi-currency financial transactions and overseeing and supporting our accounts payable and accounts receivable departments. You will ensure that all financial transactions are processed and reconciled accurately and ethically, maintaining financial controls and compliance with company policies and governing regulations. This role is key to supporting our financial stability and operational efficiency.

Key Job Responsibilities

Handling high-value and international multi-currency transactions with precision and accuracy is essential
Handle wire transfers, foreign currency purchases, EFT, payroll transfers, and letters of credit
Responsible for reporting of daily Banking Reports, Weekly Cash Forecast, Weekly Hedging Report, Month-End Reporting, Customer Payment History, Intercompany Charges, AP & AR Aging Reports, Vendor Master and Concur Administration.
Maintain and control multiple bank accounts.
Act as an authorized employee for secured banking with the designated banking institution.
Review cash situations and future projections with accounts payable/receivable for weekly cash planning.
Establish and maintain new credit limits and payment terms.
Administer expense policies and systems.
Reconcile monthly lease accelerators.
Review customer payment history with accounts receivable personnel to ensure timely payments, identify slow payers or potential bad debts, and take appropriate actions.
Prepare month-end journal entries and ensure accounts are balanced with the accounts payable and accounts receivable teams.
Analyze and journalize intercompany charges for payroll, benefits, and other expense chargebacks.
Review, reconcile, and follow up on AP & AR aging reports weekly.
Review and approve vendor master additions and change requests and confirm vendor communications regarding address or banking information updates.

Qualifications/Requirements

Bachelor's degree or diploma in Commerce, Finance, or Accounting.
Minimum of 5 years of experience in broad financial accounting practices.
At least 2 years of experience supervising and leading team members.
Strong knowledge of accounting principles and practices.
Banking experience is an asset.
Advanced knowledge and experience with Microsoft Excel, SAP and banking systems.
Excellent verbal and written communication skills, interpersonal skills, and problem-solving abilities.
High level of self-initiative, decision-making, and ability to multitask with accuracy.
High level of attention to detail.

Additional Information

Komatsu is an organization committed to diversity and inclusion in support of growing a global team to achieve our business results and create a better future every day for our globally based employees, customers, partners, and communities. We believe a diverse workforce strongly contributes to our business growth and product innovation.

Komatsu is an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, age, national or ethnic origin, marital status, family status, or disability. Accommodations during the recruitment process are available upon request.

While we appreciate all applicant submissions, only those considered to be most qualified will be contacted for further assessment.