Senior Analyst Treasury Cash Forecasting & Analysis

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

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The Senior Analyst Treasury Cash Forecasting & Analysis prepares the cash forecast and related analysis to support the broader Corporate Treasury team in maintaining, updating, and evolving the cash flow forecast for the second-largest retirement plan provider in the US. The Senior Analyst Treasury Forecasting and Analysis critically examines cash variances and delves into detailed data to provide management with clear and concise variance explanations. This role is focused on detailed analysis, controls, and validation of sources with a focus on incorporating new technologies. In addition, this role will support the Corporate Treasurer with special projects, including presentations and analysis, as needed.

What you will do:

• Prepares and maintains the weekly cash forecast, ensuring a controlled output with validated sources.
• Creates detailed variance analyses for actual results compared to forecasts/budget.
• Enhances sensitivity and scenario analysis with a focus on evaluating required cash balances.
• Effectively partners with Treasury leadership, Investments, and Portfolio Management team to ensure a solid and reliable forecast estimate with usable outputs.
• Seeks opportunities to improve and automate the cash forecasting process, pursuing technical advances.
• Assists with Treasury Management System (TMS) implementation with a focus on actuals analysis and model inputs. Will be the primary creator of “tagging” rules to classify bank transactions within the TMS.
• Utilizes the TMS to create reports to be used in cash forecasting and other analysis, as needed.
• Collaborates with Finance department, including Accounting, to formulate and execute financial strategies that align with risk tolerance and corporate objectives.
• Supports the Corporate Treasurer with special projects including presentations and analysis, as needed.

What you will bring:

• Bachelor's degree in finance, accounting, or other business-related discipline and 5-7+ years of work experience.
• Experience working in a complex life insurance or retirement recordkeeping environment strongly preferred.
• Experience with financial statements and cash flow; strong knowledge of accounting and the interaction between balance sheet, income statement and cash/non-cash items required.
• Model-building experience with technology focus required.

What will set you apart:

• Self-starter who operates comfortably along the spectrum from strategic thinker to in-depth analysis.
• Detail-oriented and ability to see the big picture, ability to QC own work for errors and improvements.
• Excellent analytical, problem-solving, and communication skills.
• An analytical and creative problem solver that can act quickly and identify operational solutions to daily challenges / opportunities to streamline processes to meet deadlines and other requirements.
• Highly skilled Microsoft Excel expert with a proven track record of automating processes and improving data analytics.
• Ability to work collaboratively and independently.
• Ability to get things done on quick notice with minimal supervision.
• Proven change agent with a demonstrated ability to leverage the latest technology to create efficiencies.
• Proficiency in financial software and tools, including SAP, Alteryx, PowerBI preferred. 
• Experience with accounting systems such as SAP strongly preferred.
• Experience with Treasury Management System (TMS) implementation strongly preferred.
• A positive can-do attitude.

• Normal Office Working Conditions: this job operates in a professional office environment and routinely uses standard office equipment.

***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy ba