Treasury Analyst

Posted:
12/2/2024, 10:14:12 AM

Location(s):
Boston, Massachusetts, United States ⋅ Massachusetts, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Who we are

At CarGurus (NASDAQ: CARG), our mission is to give people the power to reach their destination. We started as a small team of developers determined to bring trust and transparency to car shopping. Since then, our history of innovation and go-to-market acceleration has driven industry-leading growth. In fact, we’re the largest and fastest-growing automotive marketplace, and we’ve been profitable for over 15 years.

What we do

The market is evolving, and we are too, moving the entire automotive journey online and guiding our customers through every step. That includes everything from the sale of an old car to the financing, purchase, and delivery of a new one. Today, tens of millions of consumers visit CarGurus.com each month, and ~30,000 dealerships use our products. But they're not the only ones who love CarGurus—our employees do, too. We have a people-first culture that fosters kindness, collaboration, and innovation, and empowers our Gurus with tools to fuel their career growth. Disrupting a trillion-dollar industry requires fresh and diverse perspectives. Come join us for the ride!


Role Overview

The Treasury Analyst is responsible for managing key treasury activities to support CarGurus' domestic and global cash needs. In this role, you’ll oversee cash reporting and forecasting, initiate and reconcile wire payments, and track Treasury KPIs. You’ll also administer bank accounts and signatories, resolve banking inquiries, and support documentation needs, including FBAR and KYC. Additionally, this position assists with Letters of Credit, supports corporate insurance management, and handles audit inquiries. The ideal candidate is detail-oriented, organized, and demonstrates intellectual curiosity.

What you’ll do

Banking:

  • Maintain operational cash reporting including domestic and global cash forecasts to track cash needs.
  • Initiate and reconcile wire payments, as needed.
  • Track KPIs related to the Treasury function.
  • Administer bank accounts, signatories, and related supporting controls including FBAR support.
  • Investigate and resolve day-to-day bank-related inquiries.
  • Assist with the management of Letters of Credit.
  • Assist in the invoicing and management of inter-company debt.
  • Support documentation requests from banks and other parties, including KYC deliverables.
  • Assist with internal and external audit requirements and inquiries.

Insurance:

  • Assist with the management of the corporate insurance program, including yearly renewals, vendor management, claims processing, and ad-hoc projects.

Who you are:

  • A bachelor’s degree in accounting, finance, or a related field is required.
  • 1-2 years of treasury, accounting, banking, or finance experience.
  • Must be highly organized, detail-oriented, with strong problem-solving skills; ability to manage time efficiently and work independently, as well as part of a team.
  • Strong communication skills and comfortable interacting with internal and external stakeholders in a professional and conducive manner.
  • Thrives in a fast-paced, forward-moving environment with fluctuating priorities and deadlines.
  • Demonstrates intellectual curiosity and willingness to grow skillset.
  • Proficiency in Excel and PowerPoint skills.

 

Working at CarGurus

We reward our Gurus’ curiosity and passion with best-in-class benefits and compensation, including equity for all employees, both when they start and as they continue to grow with us. Our career development and corporate giving programs, as well as our employee resource groups (ERGs) and communities, help people build connections while making an impact in personally meaningful ways. A flexible hybrid model and robust time off policies encourage work-life balance and individual well-being. Thoughtful perks like daily free lunch, a new car discount, meditation and fitness apps, commuting cost coverage, and more help our people create space for what matters most in their personal and professional lives.

We welcome all

CarGurus strives to be a place to which people can bring the ultimate expression of themselves and their potential—starting with our hiring process. We do not discriminate based on race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. We foster an inclusive environment that values people for their skills, experiences, and unique perspectives. That’s why we hope you’ll apply even if you don’t check every box listed in the job description. We also encourage you to tell your recruiter if you require accommodations to participate in our hiring process due to a disability so we can provide the appropriate support. We want to know what only you can bring to CarGurus. #LI-Hybrid