Treasury Management Specialist

Essential Duties and Responsibilities

• Monitor and manage daily cash balances across all company bank accounts.
• Prepare daily, weekly, and monthly cash flow forecasts and liquidity reports.
• Cook up transfers between operating, payroll, and reserve accounts as needed.
• Manage online banking platforms, ACH transactions, wire transfers, positive pay systems, and other treasury services.
• Review, process, and approve treasury transactions in accordance with company policies and established controls.
• Reconcile bank activity and assist with resolving discrepancies, returned items, and banking issues.
• Maintain relationships with banking partners and assist with opening, closing, and maintaining accounts.
• Support merchant services and payment processing activities, including credit card and electronic payment systems.
• Monitor compliance with banking agreements, loan covenants, and treasury-related policies.
• Aid in debt management, credit facilities, and financing activities.
• Analyze cash management processes and recommend improvements to increase efficiency, security, and accuracy.
• Collaborate with Accounting during month-end and year-end closing activities.
• Support audits by providing treasury documentation and financial records.
• Prepare treasury-related reports and analyses for executive leadership.

Qualifications

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field preferred. Equivalent combination of education and experience may be considered.
• Experience: 3–5 years of experience in treasury management, cash management, banking operations, accounting, or corporate finance. Experience working with multiple bank accounts, cash forecasting, and electronic payment systems preferred. Experience in a multi-location environment is a plus.
• Knowledge, Skills, and Abilities: Strong understanding of treasury operations, cash management principles, and banking services. Knowledge of ACH processing, wire transfers, merchant services, and fraud prevention tools. Advanced proficiency in Microsoft Excel, including financial modeling and reporting. Ability to analyze financial data and develop accurate cash forecasts. Strong attention to detail and organizational skills. Excellent communication and interpersonal skills. Ability to manage multiple priorities and meet deadlines in a fast-paced environment. High level of integrity and discretion when handling confidential financial information. Experience with accounting and ERP systems preferred.