Sr. Financial Analyst, Treasury

Job description

Who We Are: At Avnet, relationships matter. We are a global, FORTUNE ® 500 technology distributor and solutions company that delivers design, supply chain and logistics expertise to customers at every stage of a product’s lifecycle. Our employees have a front row seat to the latest innovations shaping the world we live in and the future we share. We’re driven to help our customers around the world succeed and we do so by earning the trust of some of the biggest names in technology. Working at Avnet means being a part of a global team. We work collaboratively and with integrity, doing business the right way. For more than a century, we have partnered together to help our customers, suppliers and teammates realize the transformative possibilities of technology. Experience what’s next at Avnet! Job Summary: Manages cash and related financial assets as efficiently as possible to provide the financial flexibility needed to achieve the company's objectives in a manner consistent with the strategic plan. Monitors and analyzes the organization's cash position to cover cash commitments. Coordinates activities relating to foreign exchange risk management, banking, investments, borrowing and resolving operational issues between business units and banks. Ensures financial transactions, policies and procedures meet corporate objectives and regulatory body requirements. Principal Responsibilities: Maintains corporate liquidity required to meet current and future obligations in a timely and cost effective manner. Plans and manages corporate or regional cash positions and forecasts and executes wire transfers for concentration of funds. Establishes and maintains reliable access to short-term borrowing facilities at lowest cost possible. Manages investments of excess cash when needed. Maintains access to medium and long-term financing to support planned asset expansion as well as existing asset base. Provides the financial flexibility necessary to exert strategic action when investment opportunities arise. Identifies, measures, analyzes and mitigates or remediates company exposure to many types of financial risk (e.g., interest rate, foreign exchange, counterparty and operational) within scope of company policy. This includes protecting overall financial assets from loss or theft. Collaborates with other functional units and shares financial information. Manages relationships with external vendors, including, but not limited to banks and other financial institutions, to make the most efficient use of the company financial assets while minimizing risk and expenses. Other duties as assigned. Job Level Specifications: Extensive knowledge and application of principles, theories and concepts. Complete knowledge of all job functions and the broad industry best practices, techniques and standards. Develops solutions to complex problems where analysis of situations and/or data requires in-depth evaluation of variables. Determine best approach to achieve results and provide suggestions to improve policies and procedures. Comfortable working with automation and AI tools. Work is performed independently and requires the exercise of judgment and discretion. Exercises considerable latitude in determining objectives and approaches to assignments. Work may be reviewed at a high-level. May represent the organization as a primary contact on assignments and/or projects. Interacts with senior professionals and management and frequently coordinates work between departments or organizations. Actions may impact the organization. Failure to accomplish work will result in the inability to reach crucial organizational goals. Erroneous decisions may have a prolonged effect resulting in the expenditure of substantial resources. Work Experience: Typically 5+ years with bachelor's or equivalent. Education and Certification(s): Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained. What We Offer: Our employees work hard to live our values and help us grow. Our total rewards strategy supports Avnet’s ability to attract, engage, develop, and reward our employees, while promoting a diverse and inclusive environment. We offer competitive compensation and benefit programs — from time away and flexible working arrangements to programs supporting employee well-being and opportunities to give back to your community. Generous Paid Time Off 401K and Pension Plan Paid Holidays Family Support (Paid Leave, Surrogacy, Adoption) Medical, Dental, Vision, and Life Insurance Long-term and Short-term Disability Insurance Health Savings Account / Flexible Spending Account Education Assistance Employee Development Resources Employee Wellness, Leadership Development and Mentorship Programs Benefits listed above may vary depending on the nature of your employment with Avnet. The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills. Avnet is an Equal Opportunity Employer committed to providing equal opportunities to all employees and applicants for employment without regard to race, color, religion, ancestry, national origin, sex (including pregnancy), age, marital status, sexual orientation, gender identity or expression, disability, veteran status, genetic information or any other characteristic protected by law. This policy of non-discrimination also applies to religious dress and grooming practices. Avnet will accommodate employee religious dress standards and grooming practices that do not result in undue hardship for the Company. If you are interested in applying for employment with Avnet and need special assistance or an accommodation to apply for a posted position contact our Human Resources Service Center at (888) 994-7669.