Key Responsibilities
Cash Management & Banking
- Monitor daily cash balances across multiple bank accounts.
- Prepare daily cash position reports and forecast cash requirements.
- Process electronic payments, wire transfers, ACH transactions, and other banking activities.
- Coordinate with banks regarding account maintenance, transaction inquiries, and issue resolution.
- Assist with opening, closing, and maintaining bank accounts and banking documentation.
Treasury Operations
- Ensure timely funding of payroll, vendor payments, and other corporate obligations.
- Maintain banking platforms and support user access administration.
- Monitor incoming receipts and outgoing payments to ensure accuracy.
- Track and report outstanding transactions, deposits, and bank fees.
Reconciliations & Reporting
- Perform daily and monthly bank reconciliations.
- Investigate and resolve banking discrepancies and unreconciled items.
- Maintain treasury records and supporting documentation.
- Assist in preparing treasury reports, cash forecasts, and financial analysis.
Compliance & Controls
- Follow treasury policies, procedures, and internal controls.
- Support audit requests by providing treasury-related documentation.
- Ensure compliance with banking regulations and company policies.
- Help identify and mitigate payment and fraud risks.
Administrative Support
- Maintain treasury files and records.
- Assist with special projects related to banking, cash management, and treasury systems.
- Support implementation and testing of banking platforms and treasury management tools.
Qualifications
- Diploma or Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- 1-3 years of experience in treasury, banking, accounting, accounts payable, or finance operations.
- Strong understanding of banking transactions and cash management principles.
- Proficiency in Microsoft Excel and financial systems (e.g., ERP systems, treasury management systems, or online banking platforms).
- Strong attention to detail and organizational skills.
- Excellent analytical and problem-solving abilities.
- Strong verbal and written communication skills.
Preferred Qualifications
- Experience working with multiple domestic and international bank accounts.
- Knowledge of wire transfers, ACH payments, EFT payments, and foreign currency transactions.
- Experience with ERP systems such as Workday.
Key Competencies
- Attention to detail
- Accuracy and accountability
- Time management
- Confidentiality and integrity
- Problem-solving
- Team collaboration
- Customer service orientation
Typical KPIs
- Bank reconciliation completion rate
- Payment processing accuracy
- Cash reporting timeliness
- Resolution of banking discrepancies
- Compliance with treasury controls and procedures
- Treasury audit findings
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