Cleco

Treasury Analyst

Pineville, LA

full_time

About This Job

We’re committed to being the clean energy leader in Louisiana. By investing in renewables like solar and utilizing carbon capture and sequestration technology to make our air cleaner, we’re in this for the long haul, because our state and future generations depend on it. Come be a part of our journey at Cleco where we're Energizing Your Tomorrow.

The

Financial Analyst (Treasury/FP&A)

is a career professional with knowledge of analytic principles, practices, concepts, and theories in Treasury Management & FP&A. The incumbent works closely with the Assistant Treasurer to provide input on various projects supporting effective execution of Treasury responsibilities and corporate budget and financial forecasting. The incumbent is responsible for performing various Treasury activities, such as cash management, cash forecasting and funding, risk management activities, debt covenant compliance and credit metric monitoring. The incumbent will also participate in the development of financial business plans that align with the strategic business goals and business planning schedule of Cleco. The incumbent will assist with a range of tasks and projects as requested to support the above-mentioned Treasury/FP&A responsibilities. The incumbent contributes to the continual improvement of Treasury & FP&A processes and systems.

Key Responsibilities

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Champions a corporate culture that emphasizes transparency, integrity, safety, environmental responsibility, employee development, diversity and inclusion, customer service, and operational excellence.

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Provide input in the development of strategies to improve the services that Treasury provides to the organization, specifically related to determining corporate cash requirements and maintaining appropriate cash flow

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Sets/approves the cash position for various companies on a rotating basis; reviews bank activity to ensure accurate payment processing

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Take necessary actions to ensure short-term and long-term liquidity needs are met; constantly improve reporting and analysis of actual and projected cash flow and cash requirements of Cleco; provide timely communications on expected credit facility draws/repayments as compared to business plan

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Participate in the development of financial business plans by providing analytical, forecasting, reporting and project support to FP&A leadership team; analyze past results, perform variance analysis, identify trends, and make recommendations for improvements

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Participate in the development of operational policies and procedures; ensure all aspects of daily cash operations are handled with accuracy and that policies and procedures are followed; recommend updates as appropriate

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Perform or review monthly General Ledger account reconciliations and quarterly flux analysis as required

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Assist in the onboarding of new clients and employees, and in departmental and companywide system implementations

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Participate in the administration of bank setup, cash forecasting, and investment management from various business units and corporate departments; respond to audit inquiries as required

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Collaborate with Treasury & FP&A teams and prioritize deliverables to achieve project objectives as scheduled; produce work competently without continual supervision; consider future implications beyond immediate problems

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Assists the Assistant Treasurer in monitoring key credit metrics, including understanding the methodology used by each rating agency to calculate key credit metrics, how various financial transactions may impact credit metrics, reconciliation of historical rating agency calculations vs. Company calculations and providing communications to management regarding issues impacting Cleco credit ratings

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Prepare board distribution materials and monitor distribution tests, commitments, etc..

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Assist with process automation and design by identifying areas to reduce routine manual tasks

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Contribute innovative ideas to develop and drive continuous improvement of the function

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Participate in the integration of current systems (e.g., SAP) and analytical techniques to enhance/streamline current operations and improve efficiency

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Assists with establishing and maintaining SAP debt and investment instruments, including rate resets and month-end processing

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Assists with maintaining/reviewing comprehensive tracker for debt covenant compliance; coordinate quarterly treasury meetings to review debt covenant compliance

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Assists with developing and maintaining the FAS 107 Fair Market Value quarterly report

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Assist with preparation of pension reconciliations and SOX certifications as required

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Champion a corporate culture that emphasizes transparency, integrity, safety, environmental responsibility, employee development, diversity and inclusion, customer service, and operational excellence

Qualifications

Required Education, Skills & Experience

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Bachelor’s Degree in Business Management, Finance, Accounting or other business-related field

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3-5+ years of related experience in Treasury Management or similar finance functions preferred

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Experience with financial systems/SAP preferred

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Experience with Microsoft tools and applications required

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Knowledge of GAAP, Internal Control processes preferred

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Basic understanding of debt capital markets preferred

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Strong, problem-solving, critical thinking, planning, and project management skills

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Willingness and ability to learn new technologies on the job

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Proficient at functioning effectively within a team environment, presenting ideas and opinions in a professional and collegial manner

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Strong customer focus and employee experience mindset

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Progression to this level is strictly restricted based on critical individual capabilities and business requirements; must be supported by market survey data.

Licenses and Certifications

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Certified Treasury Professional (CTP) designation preferred

Key Competencies

BEHAVIORAL

Building Organizational Talent

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Building Partnerships

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Leading Teams

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Business Acumen

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Communication

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Courage

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Building Self-Insight

Building Talent

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Driving for Results

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Energizing the Organization

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Driving Execution

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Building Trusting Relationships

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Driving Innovation

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Planning and Organizing

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Safety

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Establishing Strategic Direction

TECHNICAL

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Financial Reporting & Data Analysis

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Planning, Forecasting, Budgeting

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Industry and Business Knowledge

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Risk Management

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Financial Modeling

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Business Partnering

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M&A Analysis

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Governance and Internal Control

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Treasury Management

May perform other duties as assigned.

Salary dependent on experience, skills, education, and training.