United Rentals Treasury Analyst in Stamford, Connecticut
Company Description: United Rentals, Inc. is the largest equipment rental company in the world. Our success is based on executing strategies that strengthen our core business as well as identifying additional product lines or services through acquisition. The company has an integrated network of 997 rental locations in 49 states and every Canadian province. The company's approximately 14,800 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company's rental assets total original cost of $11.51 billion. United Rentals is on the New York Stock Exchange (NYSE: URI) and a member of the Standard & Poor's 500 Index, the Barron's 400 Index and the Russell 3000 Index® and is headquartered within one hour of New York City in Stamford, Conn. Additional information about United Rentals is available at unitedrentals.com.
The United Rentals Treasury team offers a fast-paced, team-focused, environment that provides many challenging opportunities for developing one's financial, analytical, and Treasury skillsets.
Responsible for daily corporate cash management activities. Provides corporate and branch support for cash management issues. Will support Treasury Manager by assisting in the implementation and follow through of new initiatives.
Determine daily cash needs for corporation:
Make borrowing recommendation for Treasurer or Assistant Treasurer's approval
Reconcile forecasted to actual transactions for total company cash payments and wire transfers
On a daily basis monitor and transfer funds from various lockbox, depository, and sorting accounts
Complete reports of cash activity in United Rentals Corporate accounts including updates to various Excel models utilized by various departments
Collect, review and process wire requests:
Follow up on requests and ensure appropriate sign off occurs
Enter wire transfers into banking platform
Open & close bank accounts, update signatory information when necessary, add and remove banking platform users, forward bank statements and lockbox receipts when offices close or consolidate, and coordinate with Banks for opening/closing of branches
Manage check and cash collections at the corporate headquarters:
Make bi-weekly bank deposits of check and cash
Maintain locked storage of checks and cash
Provide Accounting with timely notice of check receipt and deposit
Prepare month-end GL upload:
Input and maintain cash activity and debt balances in the Treasury Workstation
Research unknown items credited to the concentration account
Monitor and track foreign exchange trades:
Correspond with counterparty back office to confirm trades and settlement instructions
Monitor trades and ensure timely execution by counterparty
Education : Bachelor Degree in Accounting, Finance, or a related business field.
Experience: 0-2 years related experience
Other Skills Required:
Intermediate Excel and PowerPoint skills required.
Good interpersonal and communication skills necessary.
Exceptional ability to multitask, provide attention to detail, and maintaining a professional attitude.
Must possess exceptional time management skills.
Able to thrive in a demanding, fast-paced environment.
United Rentals, Inc. is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.