Coordinator, Treasury - Toronto, Canada - Sherritt International

Sherritt International

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Company Overview

Sherritt is a world leader in the mining and refining of nickel and cobalt - metals essential for the growing adoption of electric vehicles.

Sherritt's Technologies group creates innovative, proprietary solutions for natural resource-based industries around the world to improve environmental performance and increase economic value.

Sherritt is also the largest independent energy producer in Cuba.

Across all of our operations, safety is our top priority and we are committed to building a diverse and inclusive culture.

We offer a work environment where team members are truly valued, and have what they need to thrive in their role and make a meaningful impact.

Position Summary
An exciting opportunity exists in our Corporate Division in Toronto, for a Coordinator, Treasury.

The purpose of this position is to support the Treasury team in Treasury and Insurance activities with the main focus on Cash, Foreign Exchange and Bank Account Management.

Accountabilities

Prepare daily cash forecast, including buy and selling investments while maintaining compliance with the shortterm investment policy
Update Short Term Investment Portfolio, Investment Transaction Log, Global Liquidity Position file with data from the Business Units and previous day's account balances for Sherritt and its subsidiaries.
Execute FX trades as requested, distribute daily foreign exchange rates
Liaise with corporate banks and divisions for banking transactions, wire transfers, cheque deposits, foreign drafts request, and borrowing or repayment notices.
Setup vendor wire and bill payment templates on banking platform
Assist with user administration (setups, password resets) and other bank administration (opening and closing of accounts, update signatory lists, audit confirmations)
Prepare all necessary documents to open or maintain bank accounts, update bank signatory lists, and maintain database for all accounts of Sherritt and its subsidiaries
Assist in monthly and quarterly compliance documents to Loan Agent
Update Loan Schedules at the end of the month and distribute after it has been reviewed by Treasury Manager
Update monthly FX rates, Commodity Prices, Interest Rates and Financial prices
Initiate wire transfers electronically. Ensure that the correct Delegation of Authority before payments are executed and ensure that funds transfer is compliant with the Funds Transfer Policy.
Provide weighted average share price calculation to the Accounting and HR Departments when needed.
Arrange for preparation and pickup of foreign Drafts/Money Orders for amounts under $5,000 for Sherritt and other Business Units. Scan copies of drafts to Business Units and mail drafts to vendors with copies of invoices to ensure proper credit of payment.
Ensure that deposits of incoming cheques are made for Sherritt and some Subsidiaries and copies of deposit slips and cheques are given to the Accounting Department.
Liaise with the bank and business units to solve questions/problems concerning wire transfers/payments and Bank Accounts
Ensure that all invoices are paid in a timely manner and amounts are allocated to each BU for the Accounting Department to charge back.
Download and retain all policies in the shared Insurance drive
Assist with other requests as needed by the insurance broker or business units

Qualifications and Skills

Diploma or degree in business or a related field is a requirement
Minimum of 2 years of experience in a finance or accounting role is an asset
General understanding of cash and foreign exchange management
Proficient in Microsoft Excel
Communication, writing and presentation skills
Time management skills, and ability to prioritize

What Sherritt Can Offer You

Competitive Salary with comprehensive benefits that holistically support employee wellbeing
Generous paid time off to support and empower employee work/life balance
Meaningful learning and professional development opportunities within a diverse, inclusive and dynamic work environment

Application Deadline:
The job posting will remain open until May 29, 2023.

PGyRml68rA