Sr Treasury Analyst

Join the diverse and dynamic team that powers Michigan's largest energy provider and one of the nation's largest gas and electric combination utilities. Consumers Energy services 6.8 million of Michigan's 10 million residents - caring for our friends and neighbors in all 68 Lower Peninsula counties. We embrace a cleaner and leaner utility vision focused on eliminating energy waste and adding renewable energy from sources such as wind and solar.

Location:

This position is assigned to One Energy Plaza located in Jackson, MI. The candidate must be within a daily commutable distance for the location or willing to relocate (relocation package is available to those who qualify).

We are looking for: Sr Treasury Analyst

The Senior Treasury Analyst is responsible for overseeing the tracking and analysis of CMS Energy's financial actions, paying close attention to credit, cash flow, income, and liquid assets. The incumbent will examine business plans, budgets, expenses, and future investments to determine if the organization's money is being utilized properly and make recommendations to improve CMS Energy cash management and investment strategies. The incumbent will ensure that all treasury and financial statements are balanced and accounted for, identify discrepancies, and suggest ways to improve processes or increase savings. Responsible for documenting processes and procedures to train, mentor, and coach other analysts.

The knowledge and skills involved with this position include but are not limited to:

Ability to recognize, analyze, and solve a variety of problems

Ensure project execution is aligned to identified plan

Understanding of bank file transmissions (BAI, API) and SAP

Knowledge of rules and regulations related to commerce and banking

Confidentiality is vital to this position

Good computer skills with programs such as MS Excel, Access, and PowerBI

Strong financial and mathematic abilities

Excellent verbal and written communication skills

We encourage you to apply if you have:

Bachelor’s degree in Accounting, Finance, Business Administration or related field with four (4) or more years’ experience with treasury related actions, financial transactions, etc.

[OR] Associate’s degree in Accounting, Finance, Business Administration or related field with eight (8) or more years’ experience with treasury related actions, financial transactions, etc.

[OR] High School Diploma with twelve (12) or more years of experience with treasury related actions, financial transactions, etc.

Certified Treasury Professional (CTP), Chartered Financial Analyst (CFA) or Master degree is preferred

In this role, you will:

Identify and drive process improvements across the treasury function through automation

Optimize borrowing and investment strategies based on daily cash and liquidity management

Ensure accurate and timely production of high-level internal management reports and analyses

Lead various other strategic treasury-related projects

Review incoming and outgoing payments and financial transactions for accuracy

Track, report and correct any anomalies and provide details to leadership

Document transactions and update ledgers and the financials database, review and validate all entries for accuracy and reporting

Analyze cash flow processes and make suggestions for improvement. Developing cash management, investment, and risk mitigation strategies

Research industry trends to stay up-to-date on new innovations and provide updates and process guidance to leadership

Update internal processes and provide coaching to subordinate analyst

Ensure the organization is in compliance with all financial and legal regulations. Implement financial policies and procedures

Maintain and foster good relationships with banking partners

Prepare complex financial forecasts such as revenue, expenses, and loan estimations

Create regular reports for distribution and prepare and present regular treasury reports, budgets, financial documents, and strategies to management

Determine procurement of funds and monitor investments and collections

Other non-essential duties as assigned or may be necessary

Why should you join our team?

At Consumers Energy, we offer more than just a place to work. We foster a culture that supports career development, growth, and stability, and we take pride in offering our co-workers excellent benefits and compensation packages. We are deliberately creating an inclusive culture that makes our diverse team of co-workers feel valued, supported, and empowered every day. We're a company made up of thousands of people, all with different stories to share and work to do, but we stand united in our company purpose: world class performance delivering hometown service.

What we offer:

Competitive compensation packages

Medical, Dental and Vision

401k with company match

Paid parental leave

Up to 13 paid Holidays

Paid time off

Educational Assistance Program

Diversity, Equity & Inclusion:

We, at CMS Energy, value Diversity, Equity, & Inclusion. It is part of our DNA. We treat our employees with respect, we treat each other fairly and we value the opinions of others. We are passionate about building and nurturing an environment where everyone feels included. We don’t discriminate. We seek to learn about each other and better understand our unique differences. Our uniqueness makes us authentic. We create safe spaces where everyone can be who they truly are. We invite difficult conversations and uncomfortable topics. We value diverse perspectives; this is what makes us great together. We harbor an inclusive environment where employees feel empowered to share their backgrounds, experiences, and ideas. Our Employee Resource Groups, Women’s Advisory Panel (WAP), Women’s Engineering Network (WEN), Minority Advisory Panel (MAP), Pride Alliance of Consumers Energy (PACE), GENERGY, capable, Interfaith and Veterans Advisory Panel (VAP) are key enablers to living the values of our company culture: Caring, Empowered, Deliberate, Agility, and Ownership.

All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, age, sexual orientation, gender identity or national origin.