Accounting/Treasury Manager

Overview

• Lead treasury and accounting operations, ensuring optimal cash utilization and adherence to regulatory standards and internal controls.
• Develop and implement effective strategies for cash forecasting, liquidity management, and financial planning.
• Supervise and mentor accounting staff, fostering professional growth and operational excellence.
• Oversee electronic banking systems, ACH origination, wire transfers, and remote deposit capture processes.
• Ensure accurate reconciliation of petty cash, resident accounts, and investment activities.
• Collaborate with program management and external auditors to resolve discrepancies and ensure compliance.
• Maintain and enhance policies and procedures related to treasury operations and cash management systems.
• Stay updated on industry trends and best practices to improve operational efficiency and compliance.

Key Responsibilities & Duties

• Monitor daily cash and investment account transactions to ensure sufficient liquidity for operational needs.
• Execute daily cash positioning and optimize account balances to minimize fees and maximize returns.
• Manage lines of credit, including drawdowns and repayments, ensuring compliance with terms.
• Review and reconcile petty cash and household accounts, ensuring adherence to policies and procedures.
• Implement efficient cash collection processes and oversee government payment programs.
• Prepare monthly reconciliation reports and resolve discrepancies in cash and investment activities.
• Develop and maintain documentation for intercompany transactions and investment roll-forward schedules.
• Conduct periodic reviews of banking relationships and cash management systems to ensure optimal performance.

Job Requirements

• Bachelor’s degree in Accounting or related field required; advanced degree preferred.
• CPA certification required, with a minimum of 3 years of experience in treasury or cash management.
• Proficiency in Microsoft Office suite and general ledger software is essential.
• Strong analytical and organizational skills with exceptional attention to detail.
• Excellent oral and written communication skills for effective interaction with stakeholders.
• Experience in the services or not-for-profit industry is preferred.
• Ability to multitask and manage competing priorities in a fast-paced environment.
• Knowledge of banking systems, electronic payment methods, and cash management tools.