Treasury Analyst (Location Flexible)

Shape Your World

At Alcoa, you will become an essential part of our purpose: to turn raw potential into real progress. The way we see it, every Alcoan is a work-shaper, team-shaper, idea-shaper, world-shaper.

This is your opportunity to help share the future of sustainability with world-changing innovations and low-carbon technologies. Become a valued part of the team that’s shaping the future of aluminum, revolutionizing the way the world lives, builds, moves and flies. Be part of it and shape your world.

About the role:

Alcoa, a global corporation, is seeking a highly skilled and motivated Treasury Analyst to join our team based either at the Alcoa Corporate Center in Pittsburgh, PA, or to work remotely. The ideal candidate will be responsible for managing and optimizing the company's financial resources, ensuring compliance with financial covenants, and providing insightful analytics and reporting. This role requires a strong understanding of working capital financing, financial assurance, covenant compliance & rating agency reporting, and financial modeling. The role reports to the Treasury Manager, Corporate Finance.

Key Responsibilities:

• Working Capital Financing: Manage and optimize working capital financing processes to ensure efficient use of the company's financial resources.
• Financial Assurance: Oversee the issuance and management of letters of credit or parent company guarantees, ensuring compliance with all relevant regulations and internal policies.
• Covenant Reporting: Prepare and submit accurate and timely covenant reports to ensure compliance with financial agreements.
• Rating Agency Reporting: Coordinate and prepare reports for rating agencies, maintaining up-to-date models and ensuring accurate representation of the company's financial position.
• Analytics and Modeling: Develop and maintain financial models to support decision-making processes, including forecasting, stress testing, and scenario analysis.
• Reporting Capability: Generate comprehensive financial reports and presentations for senior management, providing insights and recommendations based on data analysis.
• Complex Transactions: Work closely with global business units on complex transactions and prepare a management summary and outline of the business case and its impact on existing financial agreements and covenants.

What you can bring to this role:

• Bachelor’s degree in finance, accounting, economics, or a related field.
• 3-5 years of experience in treasury, corporate finance, or a related role.
• Strong analytical and financial modeling skills.
• Excellent communication and presentation skills.
• Proficiency in financial software and tools.
• Ability to work independently and as part of a team.
• Detail-oriented with strong organizational skills.
• Professional certification such as CFA, CTP, or similar preferred.
• Experience with working capital financing and letters of credit is preferred.
• Familiarity with rating agency reporting and methodologies and covenant compliance is preferred.

What we offer:

• Competitive compensation packages, including pay-for performance variable pay, recognition and rewards programs, and stock-based compensation awards (3-year vesting schedule)
• Flexible spending accounts and generous employer contribution to the HSA
• 401(k), employer match up to 6%, additional employer retirement income contribution (no vesting period), and a nonqualified deferred compensation plan
• Holiday Pay: 11 holidays and one flexible holiday of your choice
• 4 hours of Paid annual volunteer hours

#LI-PW1

Base salary: $68,000 - $94,000 USD annually

Total rewards packages listed, including base salary and bonus eligibility, applies to US based applicants only. Actual salaries will vary and will be based on a range of factors, including a candidate’s qualifications, skills, and competencies in conjunction with multiple components of the Employee Total Rewards Package. Alcoa reserves the right to change plans at its discretion.

About the Location

Recognized as an industry pioneer, Alcoa has established itself as an international company with operations across six continents. Alcoa’s U.S. portfolio includes Alcoa's corporate headquarters, Alcoa's Technology Center,  two smelters, and a calcined coke plant. While some roles are based on-site, Alcoa also offers a flexible working model for certain positions. Wherever you choose to join us, you'll be joining a global team committed to advancing sustainability and delivering excellence and innovation.

We are values led, vision driven and united by our purpose of transforming raw potential into real progress.  Our commitments to Inclusion, Diversity & Equity include providing trusting workplaces that are safe, respectful and inclusive of all individuals, free from discrimination, bullying and harassment and that our workplaces reflect the diversity of the communities in which we operate.   

As a proud equal opportunity workplace and affirmative action employer, Alcoa is dedicated to providing equal opportunities and equal access to all individuals regardless of a person’s gender, age, race, ethnicity, sexual orientation, gender identity, religion, nation of origin, disability, veteran status, language spoken or any other characteristic or status protected by the laws or regulations in the places where we operate.  

If you have visited our website in search of information on U.S. employment opportunities or to apply for a position, and you require an accommodation, please contact Alcoa Recruiting via email at gssrecruiting@alcoa.com.  

This is a place where you are empowered to do your best work, be your authentic self, and feel a true sense of belonging. Come join us and shape your career!  

Your work. Your world. Shape them for the better. 

Application close date is: 13 January 2025, however Alcoa reserves the right to change this date at its discretion.

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