Cash Forecasting Analyst

Job Description The Opportunity: Works independently under close supervision, responsible for performing various cash disbursement and cash activities within the Corporate Treasury department. Perform accounting functions within the treasury workstation, daily bank account reconciliations, global cash position and audit inquiries. Responsible for Treasury data integrity, reporting and end user documentation for the Treasury organization. Build and execute audit procedures to ensure that Treasury data integrity and intended controls are working correctly and being followed consistently. Position Overview: We are seeking a highly analytical and detail-oriented Cash Flow & Cash Forecasting Analyst to join our dynamic finance team. The ideal candidate will be responsible for managing and optimizing cash flow forecasting processes, ensuring accurate tracking and reporting of cash movements, and providing actionable insights to support strategic decision-making. This role requires strong financial acumen, the ability to analyze complex financial data, and a deep understanding of cash flow, free cash flow, and liquidity management. Key Responsibilities: Cash Flow Forecasting: - Develop, maintain, and update short-term and long-term cash flow forecasts. - Collaborate with internal departments to gather accurate cash inflow and outflow data. - Monitor daily cash position and provide updates to senior management. - Identify trends, potential cash shortfalls, and opportunities for improvement in cash utilization. Free Cash Flow Analysis: - Calculate free cash flow (FCF) and provide analysis on FCF generation and usage. - Assess the impact of capital expenditures, working capital adjustments, and debt management on free cash flow. - Provide recommendations for improving free cash flow based on analysis. Cash Flow Reporting: - Prepare accurate and timely monthly, quarterly, and annual cash flow reports. - Analyze variances between forecasted and actual cash flows, providing explanations and insights to management. - Assist in the preparation of financial statements and reports, focusing on liquidity and cash positions. Liquidity Management: - Support the management of liquidity to ensure sufficient cash reserves for operations. - Monitor and manage cash balances across different accounts to optimize cash utilization. - Work closely with treasury and accounting teams to ensure accurate reconciliation of cash balances. Process Improvement: - Identify areas for improvement in cash forecasting and cash flow management processes. - Implement best practices and automate cash forecasting processes where possible. - Continuously monitor industry trends and changes to ensure forecasting methods remain up-to-date and relevant. Collaboration and Stakeholder Engagement: - Work closely with key stakeholders across finance, accounting, treasury, and operations teams to gather necessary data and align on cash flow projections. - Provide strategic recommendations to senior management based on cash flow and liquidity analysis. - Collaborate on developing financial models and business cases for major investments, acquisitions, or capital expenditures. Ad-hoc Financial Analysis: - Provide ad-hoc financial analysis as requested by senior management to support decision-making. - Conduct sensitivity analyses to assess the impact of different scenarios on cash flow and liquidity. Skills & Qualifications: - Educational Background: - Bachelor's degree in Finance, Accounting, Economics, or related field. A professional certification (CFA, CMA, CPA) is a plus. - Experience: - 5+ years of experience in cash forecasting, financial planning, or cash flow management. - Proven experience in preparing and analyzing financial statements, cash flow projections, and liquidity management. - Strong understanding of financial modeling and forecasting techniques. - Technical Skills: - Advanced proficiency in Microsoft Excel (pivot tables, macros, complex formulas). - Experience with cash management tools and forecasting platforms is a plus. - Analytical & Problem-Solving Skills: - Strong analytical skills with the ability to identify key drivers of cash flow and financial performance. - Detail-oriented with the ability to work with large data sets and draw actionable conclusions. - Communication & Collaboration: - Excellent communication skills, both written and verbal, with the ability to explain complex financial concepts to non-financial stakeholders. - Strong interpersonal skills and the ability to work effectively in a team environment. Preferred Qualifications: - Experience in a similar role within a fast-paced corporate or financial services environment. - Familiarity with corporate treasury operations and debt management. - Knowledge of IFRS or GAAP accounting principles as they relate to cash flow reporting and forecasting. Key Competencies: - Financial Analysis, Cash Flow Management - Forecasting & Budgeting, - Strategic Thinking, Attention to Detail - Stakeholder Management - Problem-Solving Disclaimer: The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer. Why Avantor Dare to go further in your career. Join our global team of 14,000+ associates whose passion for discovery and determination to overcome challenges relentlessly advances life-changing science. The work we do changes people's lives for the better. It brings new patient treatments and therapies to market, giving a cancer survivor the chance to walk his daughter down the aisle. It enables medical devices that help a little boy hear his mom's voice for the first time. Outcomes such as these create unlimited opportunities for you to contribute your talents, learn new skills and grow your career at Avantor. We are committed to helping you on this journey through our diverse, equitable and inclusive culture which includes learning experiences to support your career growth and success. At Avantor, dare to go further and see how the impact of your contributions set science in motion to create a better world. Apply today EEO Statement: We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address. 3rd party non-solicitation policy: By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. 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