Analyst, Treasury Reporting

WHO WE ARE

“Energizing the Future.”

TransAlta owns, operates, and develops a diverse fleet of electrical generation assets in Canada, the United States, and Australia, providing municipalities, industries, and businesses with safe, low-cost, and reliable clean electricity. For over 111 years, TransAlta has been a responsible operator and proud community member where its employees work and live. We are committed to fostering a dynamic, productive, and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountabilities, strong leadership, and challenging opportunities for personal career growth.

For more information about TransAlta, visit our website at,

Our Commitment to Equity, Diversity, and Inclusion

It is our collective mission to ensure that every single employee feels a sense of inclusion and belonging and can show up to work as their true authentic self. TransAlta is committed to hiring a diverse workforce including women, Indigenous Peoples, persons with disabilities, members of visible minorities, and members of the LGBTQ2+ community. TransAlta believes that diversity enhances the quality of its performance, is an essential element of effective corporate governance, and cultivates a strong workplace culture.

ABOUT THE ROLE

We are seeking a detail-oriented and analytical individual to join our team Treasury & Cash Management team as an Analyst, Treasury Reporting. Reporting directly to the Supervisor, Treasury Cash Management, you will be responsible for providing technical accounting support to the banking and treasury functions including Corporate Finance, back office, and cash management. This role works closely with several internal stakeholders including Corporate Reporting, Corporate Finance, Legal, and Corporate Tax. The Analyst, Treasury Reporting reports to the Supervisor, Treasury Cash Management.

Reporting directly to the Supervisor, Treasury Cash Management, you will work with a wide variety of internal corporate teams and business units. This role also interacts with representatives from the financial institutions that provide our banking services. This is a fulltime, office-based role with the flexibility of a hybrid work schedule (days in office & days at home).

WHAT YOU WILL DO

Responsible for preparation of quarterly/annual financial reporting assistant package items for all hedging activity, foreign exchange, financial instruments, and interest expense

Ensure accurate and complete recording, in compliance with corporate accounting policies and practices, of all treasury related transactions. This includes financial derivatives, debt issuances and repayments, interest expense and income, foreign exchange gains and losses, share issuances and repurchases, and inter-company transactions.

Contribute to the preparation and presentation of the monthly treasury report, which includes detailed analysis against budget/forecast for treasury related financial statement accounts

Prepare, manage, and maintain monthly general ledger account reconciliations including bank reconciliations

Accountable for lender reporting obligations under various credit facilities and indentures, including covenant preparation

Provide analytical and accounting support to various corporate groups (Corporate Reporting, Tax, business units, etc.) regarding foreign exchange, hedging activities, financial instruments, and hedge accounting

Manage all intercompany dividends and distributions to facilitate cash optimization and adherence to agreements, which includes recommending amounts to management and obtaining legal documents required for execution

Provide cash management support for integrations of new companies, acquisitions and divestitures as they relate to banking, intercompany financing, and system requirements

Ensure compliance with the Financial Exposure Management Policy (FEMP) as applicable

Ensure reporting processes and key controls maintain SOX compliance

Point of contact for internal and external audits

Support special projects initiated by Corporate Finance and Corporate Tax as well as system testing for upgrades

WHAT WE NEED FROM YOU

Minimum of 2 years of hands-on experience in cash management or treasury accounting

Bachelor’s degree in Accounting or Finance; possession of a professional accounting designation (CPA) or progress towards completion is highly desirable

Demonstrated expertise in cash management practices and treasury transactions

Profound knowledge of accounting standards and reporting requirements pertaining to cash management and treasury activities

Familiarity with SAP, particularly experience with the TRM module, is advantageous

Experience dealing with financial derivatives, particularly in relation to interest rate and foreign exchange risk management, along with a deep understanding of their accounting and economic implications

Exposure to hedge accounting in previous roles is considered a plus

Proficiency in Advanced Excel, showcasing strong analytical and problem-solving capabilities

Meticulous attention to detail in all tasks

Proven track record of being a collaborative team player with excellent interpersonal and communication skills

Ability to thrive in a fast-paced and demanding environment while effectively managing multiple tasks independently

WHAT WE OFFER

We offer our employees comprehensive and flexible benefits, competitive compensation, annual incentives, and a rewards program. To learn more about how we can energize your future, check out our new Employee Experience Booklet.

Become part of our TransAlta team today! We look forward to reviewing your application. All applications will be reviewed in a timely manner to the best of our abilities. We appreciate your patience and understanding during the recruitment process.