Torchora
Back to Home

Key Responsibilities and Required Skills for Treasury Intern

💰 $20 - $45 per hour (dependent on location and experience)

FinanceInternshipCorporate FinanceTreasuryAccounting

🎯 Role Definition

Welcome to a pivotal opportunity at the heart of our financial operations. As a Treasury Intern, you won't just be running errands; you'll be an integral member of our global Treasury team, contributing directly to the company's financial health and stability. This role is designed to be an immersive learning experience, offering you a comprehensive view of corporate treasury functions, from daily cash management and forecasting to strategic risk analysis and technology implementation. You'll work alongside seasoned professionals, tackle real-world challenges, and develop a robust skill set that will serve as a powerful launchpad for your career in finance. We're looking for a motivated and analytical individual who is eager to learn, contribute fresh ideas, and make a tangible impact.

📈 Career Progression

Typical Career Path

Entry Point From:

  • Undergraduate or Graduate Student (Finance, Accounting, Economics)
  • Recent Graduate with a relevant degree
  • Individual with prior finance or accounting internship experience

Advancement To:

  • Treasury Analyst
  • Financial Analyst (FP&A or Corporate Finance)
  • Associate in a Financial Leadership Development Program

Lateral Moves:

  • Corporate Finance Analyst
  • FP&A (Financial Planning & Analysis) Analyst
  • Accounting Associate

Core Responsibilities

Primary Functions

  • Assist in the daily global cash positioning process by consolidating bank balance information, analyzing liquidity needs, and executing fund transfers to optimize cash resources.
  • Support the preparation of short-term and long-term cash flow forecasts by gathering data from various business units, analyzing historical trends, and modeling future cash movements.
  • Contribute to the management of the company's global bank account structure, including assisting with account openings, closings, and updating signatory lists and related documentation.
  • Perform detailed analysis of monthly bank fees to identify cost-saving opportunities, ensure accuracy of charges, and benchmark performance against industry standards.
  • Aid in the execution and confirmation of electronic payments, including domestic and international wire transfers, ACH transactions, and foreign exchange (FX) spot trades.
  • Generate and distribute daily, weekly, and monthly treasury reports on cash balances, debt levels, investment performance, and FX exposures for senior management.
  • Participate in the administration of the company's debt portfolio, including tracking interest and principal payments, monitoring covenant compliance, and preparing related reports.
  • Assist with foreign exchange risk management activities, such as tracking currency exposures across various entities and supporting the execution of hedging strategies.
  • Collaborate with Accounts Payable, Accounts Receivable, and Accounting teams to resolve payment-related inquiries and improve end-to-end cash application processes.
  • Support the implementation and maintenance of the Treasury Management System (TMS) by assisting with data validation, system testing, and report building.
  • Conduct research and analysis on macroeconomic trends, interest rate movements, and currency fluctuations to support strategic treasury decisions and inform the team.
  • Help maintain and update internal control documentation for key treasury processes to ensure full compliance with Sarbanes-Oxley (SOX) requirements.
  • Participate in special projects aimed at process improvement, such as automating manual tasks, streamlining reporting, or evaluating new banking products and financial technologies.
  • Assist in managing the company's short-term investment portfolio by tracking performance, preparing investment reports, and ensuring compliance with the corporate investment policy.
  • Support the administration of corporate credit card and purchasing card programs, including monitoring usage, analyzing spend data, and resolving cardholder issues.
  • Prepare compelling presentations and materials for management and board-level meetings that summarize key treasury activities, financial metrics, and project updates.
  • Engage in the company's letters of credit and bank guarantee programs by assisting with the application, issuance, amendment, and tracking of these critical instruments.

Secondary Functions

  • Support ad-hoc data requests and exploratory data analysis to answer critical business questions from senior leadership and other finance partners.
  • Contribute to the organization's data strategy and roadmap by helping identify and organize key financial data points for treasury operations.
  • Collaborate with business units outside of finance, such as Legal and IT, to translate treasury needs into actionable project requirements.
  • Participate in sprint planning and agile ceremonies within the finance and data teams, providing the treasury perspective on ongoing projects and initiatives.

Required Skills & Competencies

Hard Skills (Technical)

  • Advanced Microsoft Excel: Demonstrated proficiency with pivot tables, VLOOKUP, INDEX/MATCH, conditional formatting, and complex formula creation for data analysis and financial modeling.
  • Corporate Finance Fundamentals: Solid understanding of core corporate finance, accounting principles, and financial statement analysis (Income Statement, Balance Sheet, Cash Flow).
  • Financial Modeling: Basic financial modeling skills to forecast cash flows, analyze debt structures, or evaluate investment returns.
  • Presentation Skills: Proficiency in creating clear and compelling presentations using Microsoft PowerPoint to communicate complex financial information.
  • Treasury System Exposure (Preferred): Experience with or exposure to Treasury Management Systems (TMS) like Kyriba, SAP Treasury, or Oracle Cash Management is a strong plus.
  • Market Data Tools (Preferred): Familiarity with financial data platforms such as Bloomberg Terminal, Refinitiv Eikon, or FactSet for market research.

Soft Skills

  • Analytical & Problem-Solving: Exceptional analytical and quantitative problem-solving skills with a keen eye for detail and a high standard for accuracy and precision.
  • Communication: Strong written and verbal communication skills, with the ability to articulate financial concepts clearly to both technical and non-technical audiences.
  • Initiative & Eagerness to Learn: A proactive, self-motivated attitude with a strong desire to learn, take initiative on new challenges, and contribute to team success in a fast-paced environment.
  • Organization & Time Management: Excellent organizational and time-management skills, with a proven ability to prioritize multiple competing tasks and meet tight deadlines.
  • Integrity & Discretion: A high level of integrity, dependability, and discretion required for handling sensitive and confidential financial information.

Education & Experience

Educational Background

Minimum Education:

  • Currently enrolled in and actively pursuing a Bachelor's degree from an accredited university.

Preferred Education:

  • Currently pursuing a Bachelor's or Master's degree with a focus on Finance, Accounting, or a related field. Rising junior or senior preferred.

Relevant Fields of Study:

  • Finance
  • Accounting
  • Economics
  • Business Administration

Experience Requirements

Typical Experience Range:

  • 0-1 years of relevant experience. No prior professional experience is required, but a strong academic record and demonstrated interest in finance are essential.

Preferred:

  • Prior internship experience in a corporate finance, banking, treasury, or accounting environment is highly desirable.
  • Leadership roles in student organizations or relevant extracurricular activities are a plus.
Explore More Careers