This position contributes to the company’s success by ensuring efficient cash management on a daily basis and managing and administrating the company’s banking platforms. The Analyst will support all aspects of treasury operations activities. This includes initiating and reviewing domestic and international wires, ensuring sufficient funds, and responding to requests for incoming funds.
Responsible for performing various cash, disbursement, and cash accounting activities within the treasury function. The role is primarily focused on the daily management of cash balances and transactions and includes, but is not limited to, audit inquiries, and other core treasury functions, e.g. bank administration, positive pay and ACH decisioning, reviewing wire transfers, etc. This individual may be required to provide input to or participate in various projects and will perform other duties as requested.
ESSENTIAL FUNCTIONS:Ensure accurate maintenance of bank accounts, balances, banking system and bank cost informationRespond to audit inquiries in a timely mannerReview and approve external and internal wire transfersAssist with decisioning positive pay and ACH exception decisioningAssist in reviewing, confirming and recommending changes related to various debt and investment instrumentsOpen and close bank accountsServe as administrator of online banking sitesMaintain and update signature cards as neededAssist in resolving user issues, including password reset, access to additional accounts, entitlements, and other inquiries.Support cash forecasting processContribute to the cash management strategyRecommend line-of-credit borrowings, paydowns and conversionsEvaluate new banking products and services
NON-ESSENTIAL FUNCTIONS:Supporting Treasury team on department initiatives including process improvement and development of policies and proceduresInitiate wire and ACH payments as needed
EDUCATION/EXPERIENCE REQUIREMENTS: Bachelor’s in Finance, Accounting, Business, Mathematics, or a related field2+ years of work experience in treasury/cash management, accounting or financeStrong organizational, critical thinking and customer service skillsExcellent communication (written and verbal), analytical and interpersonal skillsFamiliarity with accounting and ERP software (Yardi Voyager and Nexus a plus)Familiarity with various online banking systems a plusProficient MS Excel skills requiredFamiliarity with Outlook a plusPrevious experience with ACH payments, Positive Pay, check cutting, domestic and international wires, and fund transfers highly desirablePrevious experience working with fund structuring desirable
KNOWLEDGE, SKILLS AND ABILITIES:Ability to multi-task and manage competing deadlinesAbility to work in a team environmentAbility to handle multiple tasks under tight deadlinesAbility to effectively communicate both verbally and in writing to banking contacts, colleagues, customers, vendors, third party managers and other key contactsStrong email management and communication skills across a high volume of related and unrelated issues/tasksProactive follow-up over the phone and in person as neededAbility to write policies, procedures and summariesRequires attention to and retention of detailsProven ability to effectively and efficiently manage competing deadlines and deliverablesAbility to prioritize, multi-task and self-organize Ability to work independently with minimal oversight
PERFORMANCE METRICS:Accuracy in work product and attention to detailPrompt attention to, follow through and resolution of urgent issuesTimeliness in completion of daily work productReliability and ability to self-organize