Sr. Cash Operations Analyst

Work Location Type:Hybrid

As a leading industrial distributor with operations primarily in North America, Japan and the United Kingdom, We Keep The World Working by serving more than 4.5 million customers worldwide with products delivered through innovative technology and deep customer relationships. With 2023 sales of $16.5 billion, we're dedicated to providing value for customers, fostering an engaging culture for team members and driving strong financial results.

Our welcoming workplace enables you to learn, grow and make a difference by keeping businesses running and their people safe. As a 2024 Glassdoor Best Place to Work and a Great Place to Work-Certified company, we're looking for passionate people to join our team as we continue leading the industry over our next 100 years.

Compensation

The anticipated base pay compensation range for this position is$85,300.00 to$142,200.00. This position is eligible for participation in our short-term incentive program in accordance with the terms of the applicable plan.

The range provided is not a guarantee of compensation. The range reflects the potential base pay for this role at the time of this posting based on the job grade for this position. Individual base pay compensation will depend, in part, on factors such as geographic work location and relevant experience and skills. The anticipated compensation range described above is subject to change and the compensation ultimately paid may be higher or lower than the range described above.

Position Details

Perform the daily cash management activities, including determining cash position, cash movement (Treasury payments), investment of excess cash, issuance of short-term debt, foreign currency transactions and other cash transactions. Provide analysis, processing and transaction support to Cash Operations and Cash Accounting teams supporting cash management activities for Grainger. Represent Treasury on several special projects related to banking, cash and funding matters.

You Will

• Prepare daily domestic cash position, determine daily cash position and invest/redeem/issue debt based on cash position. Report to Senior Management on status of global investments and debt each day. Initiate and/or approve daily Treasury payments (wires, ACHs).
• Perform weekly cash forecast to ensure adequate cash balance and liquidity
• Maintain the services and signatories of domestic and international bank accounts. Provide KYC to banks as needed.
• Lead and participate in various projects for initiatives requiring Treasury or bank services
• Interact with financial institutions to stay informed of ongoing market product enhancements and regulatory requirements
• Ensure compliance with SOX requirements, working with Internal Audit as well as domestic and international banks and team members to ensure bank websites are securely maintained and treasury processes are compliant with current requirements
• Work with international entities to establish banking relationships, fund accounts and understand nuances of banking outside of the United States. Assist in international transactions. Provide counsel to Corporate and international team members regarding funding options and foreign exchange details for existing entities.
• Maintain FBAR related data and provide annually to the tax department for IRS filing

You Have

• 5-7 years of experience in related field preferred.
• Experience in a banking or treasury environment is critical
• BA/BS or equivalent preferred.
• CTP (Certified Treasury Professional) certification is preferred
• Ability to effectively collaborate with the Treasury team, cross-functional business team members and external partners
• Ability to build internal and external (banks) relationships and influence decision making without having specific authority
• Strong work ethic, team-oriented and customer-focused
• Strong organizational skills, with attention to detail and ability to balance and prioritize multiple initiatives and projects
• Motivated to seek and implement process improvements

Rewards and Benefits

With benefits starting day one, our programs provide choice and flexibility to meet team members' individual needs. Check out the highlights below and review all our benefits at GraingerTotalRewards.com.

• Medical, dental, vision, life, and pet insurance plans and 6 free sessions each year with a licensed therapist to support your emotional wellbeing.
• 6% company contribution to a 401(k) Retirement Savings Plan each pay period, no match required.
• Employee discounts, tuition reimbursement, student loan refinancing and free access to financial counseling, education, and tools.
• Maternity support programs, nursing benefits, and up to 14 weeks paid leave for birth parents and up to 4 weeks paid leave for non-birth parents.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace.

We are committed to fostering an inclusive, accessible environment that includes both providing reasonable accommodations to individuals with disabilities during the application and hiring process as well as throughout the course of one's employment. With this in mind, should you need a reasonable accommodation during the application and selection process, please advise us so that we can provide appropriate assistance.

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