Accountant I Treasury

Federated HermesPittsburgh, US

30+ days ago

Job description

POSITION SPECIFICATIONS

Bachelor's degree in Accounting required.
Proficiency in personal computing specifically in Microsoft Word and Excel required.
In-Progress or completion of the CPA exam preferred.

MAJOR DUTIES :

Research and record all cash receipts in a timely manner and track any unapplied cash receipts that require further investigation.

Develop and maintain electronic files of certain receipt information as requested and upload the files into Oracle

Clear all receipts and cash disbursements applicable to the master checking account in the Oracle Cash Management module.

Perform all recordkeeping functions for the Federated Investors Foundation, Inc. checking and investment accounts including logging all cash disbursements and providing the tax department the information needed to file the IRS Form 990. Notify your manager when funds need transferred from the investment account to the checking account to ensure the checking account is properly funded.

Track all activity in Federated Hermes’ Treasury Stock account related to share buybacks and restricted stock awards.

Perform any receipt or clearing testing for Oracle upgrades.

Work with Accounts Payable to initiate daily wire transfers and ACH transactions via Pinacle and Integrated Payables.

Initiate foreign denominated wire transfers and ensure all foreign subsidiary cash accounts are properly funded.

Prepare the daily cash position report for distribution to members of senior and executive management. Determine and execute each day’s investment redemption or purchase and / or debt payments / borrowings.

Monitor cash accounts for fraudulent activity, respond to check exceptions through the payee positive pay service, and monitor the debit block to ensure all direct debits to Federated Hermes’ accounts are valid.

Prepare journal entries for Federated Hermes’ seed investments in separately managed accounts.

Review and update operating methods and procedures to promote efficiencies. Maintain up-to-date written procedures for all assigned responsibilities to comply with the Sarbanes Oxley Act of 2002.

Calculate the weighted average stock price of Federated Hermes’ stock for calculation inputs.

Reconcile certain general ledger accounts applicable to the balance sheet monthly.

Prepare a monthly analysis of bank fees and explain to management the reasons for any fluctuations on a monthly and quarterly basis.

Analyze and accrue interest expense and record all fees related to Federated Hermes’ long term debt facilities.

Calculate the debt ratios outlined in debt agreements and prepare the corresponding compliance certificates.

Assist the Senior Accountant with the preparation on any month-end journal entries when needed.

HOURS / LOCATION :

8 : 30 a.m. - 5 : 00 p.m. (Overtime as required)

Hybrid (in-office / remote)

Federated Hermes Tower- Pittsburgh, PA 15222

EXPLANATORY COMMENTS :

Effective interpersonal and communication skills.

Solid decision-making, problem solving, and attention to detail

Solid analytical and accounting skills.

Ability to work as a member of a team.