Treasury Analyst

ABOUT SOTHEBY'S

Established in 1744, Sotheby’s promotes access and ownership of exceptional art and luxury objects through auctions, private sales and retail. Our deep expertise across 70 selling categories is supported by a leading technology platform and a global network of specialists spanning 40 countries. Selling categories include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits and Design, as well as collectible cars and real estate through RM Sotheby’s and Concierge. Sotheby’s Financial Services is a leading art lender and provides capital solutions for collectors around the world, having originated more than $12 billion in loans since its inception. Sotheby’s new global headquarters is now open at the iconic Breuer building at 945 Madison Avenue in New York City.

THE ROLE

As a Treasury Analyst within the Sotheby’s Treasury team, you will support the accounts receivable and treasury functions with detailed reporting and financial analysis.

The Treasury Analyst will prepare routine journal entries relating to accounts receivable and financing activities, as well as contribute to the preparation of balance sheet reconciliations for review. Additionally, this role will support the daily treasury operations. This role requires a strong understanding of accounting, cash flows, and data management.

The ideal candidate can think analytically, autonomously, and has advanced Excel skills.

RESPONSIBILITIES

Daily incoming cash reconciliations, reporting and analysis of accounts receivable data, activity, roll forwards and ageing
In conjunction with a third party, produce regular borrowing base reports for the review and approval
Liaising with the accounts receivable team to support with cash application, invoicing requirements and cashflow movement
Prepare and record monthly journal entries in relation to financing transactions
Collate and consolidate client payment data to support cashflow management
Responsibility for some treasury month end tasks like FX rates report, market data feeds, bank reconciliations
Support the treasury manager on the multiple corporate cards’ programs
Support daily treasury operations around intra-group funding and payment release
Make recommendations for process improvements, automation, reporting and analysis
Support audit activities and help ensure timely delivery of required documentation

IDEAL EXPERIENCE & COMPETENCIES

• Bachelor’s degree in accounting, finance or similar
• Excellent communicator and team player
• Detail-oriented, highly organized, and able to meet deadlines in a fast-paced environment
• 1+ years of accounting or finance experience
• Advanced Excel skills and proficiency in other core applications
• Prior knowledge and experience in SAP a plus