Assistant Treasury Manager

The Assistant Treasury Manager is expected to learn and be able to perform all departmental functions (with few exceptions), as rotation of responsibilities is a key mission of the department.  We believe this also offers each team member the opportunity to expand his/her treasury-related experience while working in a highly collaborative environment.  These functions include but are not limited to: reconciliation of all assigned accounts on a daily/weekly basis including cash flow maintenance (‘rollover’), reclamation of payments, bank service charge analysis, transferring funds, assistance with the intraday cash position, Oracle entries, uploading positive pay and BAI files, and regular interaction with both external and internal contacts.  In addition, the Assistant Treasury Manager will also be expected to assist with the responsibilities of the Treasury Manager and the Assistant Vice President such as daily client and company account maintenance and ad hoc projects as they arise.

• Process assigned client cash flows and work with account representatives and staff accountants to address queries related to cash flows.
• Regularly utilize various company systems to obtain transaction data applicable to cash flows.
• Access account information from various online bank sites and retrieve data to be distributed to multiple contacts including monthly statements related to assigned cash flows.
• Monitor bank accounts for transactions and disseminate information to staff accountants and various other departments.
• Periodically perform account reconciliation to ensure accuracy of cashflow information.
• Assist with intraday maintenance of bank balances and related disbursement reporting.
• Process bank service charge analysis for assigned clients and assist with monthly review to determine whether adjustments are necessary.
• Assist with the processing of transfers, wires, payment reclamations, ACH transmittals and tax payments including support review and payment approval via online bank sites.
• Oversee the handling of fraudulent activity, work to obtain successful resolution and coordinate with internal and external parties.
• Assist with the review/approval process of Oracle entries, plus reporting for month-end close.
• Assist with bank account administration including signer changes, opening and closing accounts and coordinating with internal and external parties to ensure updates are completed successfully.
• Assist with the periodic monitoring of balances to aid in determining funding needs and the management of excess cash.
• Assist with BAI data processing for assigned clients utilizing WinSCP.
• Ad hoc projects.
• Take the initiative to learn typical department functions, cross-train and rotate certain processes with other department analysts.

• BA or BS Degree; finance-related major preferred; Master’s Degree a plus.
• At least 3 to 5 years of treasury related experience.
• Proficient in MS Office programs, especially Word and Excel (particularly basic formulas; filters, lookups and advanced skills with pivot tables is a plus).
• Basic accounting practices and principles a plus.
• Banking practices and principles.
• Effective oral and written communication skills as well as the ability to listen and apply critical thinking.
• Must be a self-starter and be willing to assist with the day-to-day operations of the department.
• Possess sound judgment and solid problem solving and analytical skills.
• Meticulous attention to detail and a keen recognition of the value, significance and timeliness required of the data dealt with and provided by the department.
• Able to assist with the management of a large amount of information, adhere to deadlines and maintain focus on critical tasks.
• Strong organization skills with focus on the ability to access required information quickly.
• Dependable with good inter-personal qualities and willingness to communicate with colleagues is essential.
• Must be able to assimilate quickly with minimum disruption.
• Must be a team player willing to work within the organization’s guidelines and commit to its mission.
• Familiarity with bank Cash Management/Treasury/Payment systems.
• Experience in ORACLE accounting system or Vitech data management system a plus.
• Hybrid work environment. 4 days in White Plains, NY with 1 scheduled work from home day.
• Salary: 80-85K