Treasury Operations Supervisor

About the role

The Treasury Operations Supervisor will be a key member within the organization and Finance Department utilizing their Treasury experience to maximize operational effectiveness through partnerships within Treasury and other business units.

Responsibilities

• Analyze data and business processes to identify opportunities for improvement and lead initiatives.
• Regular and predictable onsite attendance is an essential function of the job.
• Responsible for staff growth, development and maintaining employee metrics.
• Identifies and recommends staff for promotion.
• Effectively coaches staff, initiates corrective action when necessary and properly documents for coaching.
• Maintains current listing of bank accounts, authorized signers and bank contacts.
• Manages contracts per NJM’s Contract Management policy in conjunction with Treasury vendor coordinator; monitors vendor performance and SLA’s; keeps current with market offerings of service, pricing, etc to ensure NJM’s optimal benefits are realized from all vendor relationships.
• Oversees and reports daily cash position; determines organizational funding needs; recommends borrowing/investing decision while ensuring adequate liquidity within policy.
• Prepares and maintains departmental standard operating procedures.
• Leads or supports special projects as required or directed by management including but not limited to driving efficiency via process and system improvements for treasury operations.
• Ensures that key metrics such as on-time and accurate payments and SLAs are met and improved.
• Prepares quarterly reports and monitors trends as required by collaborating with the data analysts.
• Maintains current listing of bank accounts, authorized signers and bank contacts.
• Manages contracts per NJM’s Contract Management policy in conjunction with Treasury vendor coordinator; monitors vendor performance and SLA’s; keeps current with market offerings of service, pricing, etc to ensure NJM’s optimal benefits are realized from all vendor relationships.
• Oversees NJM Payment Center to ensure cash postings and deposits are accurate and timely.
• Oversees Lockbox transmissions and ensures issues are addressed accordingly and timely.
• Oversees Supplier maintenance and approval.
• Supports unclaimed property activity to ensure timely and accurate state reporting.
• Supports 1099 process to ensure timely and accurate reporting.

Qualifications

• Bachelor’s degree in Accounting or Finance
• Minimum of 3+ years of Supervisory experience
• Minimum of 5+ years of experience in Accounting, Treasury, or Finance field
• Demonstrate strong analytical, organizational, and problem-solving skills, with acute attention to detail
• Able to quickly adjust strategy and execution in the face of new information
• Excellent written and verbal communication skills
• Proficient in Microsoft Excel, Word and PowerPoint
• Positive attitude, dependable, motivated, and reliable

Skills

• Strong analytical, organizational, and problem-solving skills
• Acute attention to detail
• Quickly adjusts strategy and execution in the face of new information
• Excellent written and verbal communication skills
• Proficient in Microsoft Excel, Word and PowerPoint

Benefits

• Salary is commensurate with experience and credentials.
• Pay Range: $105,788-$122,955
• Eligible full-time employees receive a competitive Total Rewards package, including but not limited to a 401(k) with employer match up to 8% and additional service-based contributions, Health, Dental, and Vision insurance, Life and Disability coverage, generous PTO, Paid Sick Leave, and paid parental leave in addition to state-mandated leave.
• Employees may also be eligible for discretionary bonuses.

Pay

Salary is commensurate with experience and credentials.

Pay Range: $105,788-$122,955