Treasury Manager


AP Professionals
Published
February 5, 2024
Job Type
Salary Lower Range
75
Salary Upper Range
85
Salary Option
Yearly
City
Rochester

Description

Do you want to be part of a local organization that supports communities across NYS by providing over 1,000 programs that change the lives of those less fortunate?  AP is proud to partner exclusively with a nonprofit that is growing their team. The Treasury Manager is responsible for the planning and execution of day-to-day and period-end treasury activities including creating and managing the company’s cash flow forecast, identifying cost-saving opportunities, and ensuring compliance with company, department, and audit standards to maximize the protection of the company’s cash and investment assets.  If you are looking for a career, advancement potential and want to be part of building something meaningful, then you don’t want to miss this opportunity!

Responsibilities

  • Monitor and analyze daily cash position to cover cash commitments and coordinate and optimize short-term borrowing or investments and assist in the execution of daily cash management duties.
  • Administer the ACH program.
  • Develop and support treasury policies, procedures, and controls.
  • Adhere to month-end cut-off schedules for reconciliations of all cash-related accounts and all related journal entries.
  • Prepare daily, weekly, and monthly reports on cash position.
  • Assist with short- and long-term intercompany settlements and transactions.
  • Provide information in connection with external audits and monitor cash management activities to ensure compliance with policies and procedures.
  • Develop, monitor, and analyze bank fees including credit card and cash management expenses.
  • Maintain positive banking relationships with depository banks.
  • Assist in maintaining banking records and legal documentation.
  • Work with CFO to maintain and rationalize the company’s choice of key banks including the analysis of bank fee structures, services, relationships, credit levels and counterparty credit quality/exposure.
  • Assist other departments (e.g., audit, accounting) with quarter-end and ad-hoc information requests as needed.
  • Act as a treasury liaison with the company’s business units in setting up new banking accounts, services, and handling bank inquiries and related matters.
  • Work with Agencies to prepare weekly cash forecasts and other cash and borrowing projection models; coordinate with teams to identify and mitigate forecasting variances.
  • Work with accounting team members to develop operating cash flow forecasts, enhance visibility into corporate wide cash balances, optimize working capital and establish metrics/KPIs.
  • Recommend and implement solutions to strengthen operational controls and incorporate best practices.
  • Assist with presentation material for the Board of Directors, as needed.
  • Participate in meetings and training programs as required.
  • Performs other duties as assigned.

Education

Bachelor’s degree in accounting or finance or equivalent combination of education and experience.

Experience

5+ years of accounting and/or treasury experience.

Knowledge, Skills, Abilities, and Other Characteristics

  • Strong organizational and problem-solving skills.
  • Excellent analytical and communication skills.
  • Able to work independently and meet tight deadlines.
  • Willingness to foster agency, departmental and program wide cooperation and teamwork through use of positive/constructive communication techniques.
  • Adheres to all applicable federal and state laws and regulations including, but not limited to, those governing confidentiality, privacy, program, and documentation standards.
Apply
Drop files here browse files ...
Are you sure you want to delete this file?
/