[Hiring] Senior Analyst, Treasury @Saks Fifth Avenue

Role Description

We are seeking a detail-oriented and analytical Treasury Analyst to join our corporate finance team. In this role, you will play a key part in managing daily liquidity, cash forecasting, banking relationships, and financial risk management. You will work closely with cross-functional teams across Finance, Accounting, and Operations to optimize corporate liquidity, maintain financial controls, and ensure smooth treasury operations.

What You Will Do

• Support the company’s daily cash modeling process to ensure adequate liquidity for daily operational needs, including reconciling actuals to forecast, and identifying key drivers and trends.
• Perform daily cash positioning through the execution of wire/ACH payments and intercompany fund transfers.
• Assist Accounts Payable in the release of daily disbursements and ensure alignment with the approved daily cash forecast.
• Partner with Financial Planning, Real Estate, Tax, Payroll, Benefits and other business teams to support treasury needs and ensure alignment of direct cash forecasts with 3 statement forecast modeling.
• Support, track and reconcile India global capability center disbursement needs to ensure proper monthly funding levels.
• Prepare interest forecast and actualization schedules, and partner with Accounting to ensure debt and related items are appropriately reflected in financial systems.
• Prepare and distribute daily executive reporting on cash position and liquidity.
• Serve as a primary day-to-day contact for store teams and other internal business partners on cash management items including support of incoming/outgoing wires, payment confirmation details, account coding and bank account reconciliation, and other ad hoc information requests.
• Support bank account maintenance and compliance with cash management controls, potentially including opening/closing accounts, updating authorized signers, and managing bank portal access/permissions.
• Identify opportunities to streamline payment processes, reduce transaction costs, and enhance treasury automation.
• Support compliance processes impacting treasury, including financial statement, borrowing base, and other audit processes, bank/debt reporting, and other interactions with internal/external partners as needed.
• Participate in special projects to support the long-term Treasury Strategy.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• 2–4 years of corporate treasury, corporate finance, or commercial banking experience.
• Advanced proficiency in Microsoft Excel (financial modeling, VLOOKUP/XLOOKUP, INDEX/MATCH, Pivot Tables, etc.).
• Hands-on experience with commercial online banking platforms and treasury management systems (e.g., Wells Fargo Vantage, J.P. Morgan Access, Bank of America CashPro).
• Hands-on experience with enterprise-level ERP systems (e.g., Workday, Oracle, SAP).
• Strong analytical and quantitative skills, high attention to detail, sound financial literacy and strong communication skills.

Benefits

• Opportunity to work in a dynamic fast-paced environment at a company experiencing growth and transformation.
• Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate.
• Comprehensive benefits package for all eligible full-time employees (including medical, vision and dental).
• An amazing employee discount.
• Medical insurance, dental insurance, vision insurance, 401(k) retirement plan, basic life insurance, supplemental life insurance, disability insurance, and a variety of additional voluntary benefits (such as critical illness, hospital and accident insurance).