Treasury Specialist

Position Summary

The Treasury Specialist is responsible for overseeing the timely handling, processing, and reconciliation of cash receipts and disbursements. This position supports corporate and fund-level treasury operations and contributes to maintaining strong financial controls, liquidity visibility, and banking relationships. The role requires analytical decision-making, ownership of processes, strong attention to detail, and proactive identification of operational improvements in partnership with the Treasury team.

Essential Job Functions

1. Functional Responsibilities

• Execute and oversee daily treasury operations, including initiation and verification of wire transfers for earnest money deposits and acquisition-related closings in accordance with internal controls and fraud-prevention protocols
• Administer cash receipt activities across corporate and fund-level bank accounts, including processing returned items, miscellaneous deposits, and exception handling
• Develop and refine cash forecasting models to support liquidity planning and identify short-term funding risks

2. Operational / Departmental Support

• Assist with bank account management, including account openings, closings, maintenance, and user access administration across banking platforms
• Partner with Corporate and Fund Accounting teams to resolve discrepancies and support cash application and reconciliation activities
• Maintain banking relationships by supporting service optimization, issue resolution, and coordination with financial institutions

3. Compliance & Risk Management

• Ensure adherence to applicable federal, state, and local regulations
• Maintain required documentation and reporting standards
• Identify and escalate compliance risks as appropriate
• Enforce internal controls related to wire processing, vendor setup, and treasury operations

4. Financial / Performance Accountability

• Monitor cash balances and support liquidity management through accurate forecasting
• Support budget adherence and cost controls related to treasury and banking activities
• Ensure accuracy and timeliness of cash application, reconciliations, and transaction processing

5. Leadership / Collaboration

• Collaborate cross-functionally with Corporate Accounting, Fund Accounting, and other operational teams
• Support process improvement initiatives to enhance efficiency and reduce operational risk
• Promote company values and professional standards in all interactions

6. Additional Responsibilities

• Oversee vendor setup within the accounting system, ensuring compliance with internal controls and proper documentation
• Manage corporate credit card program, including relationship oversight with American Express, card issuance, payments, and risk monitoring
• Administer processes related to credit card policy compliance, including late-fee reimbursement procedures
• Lead cashier’s check requests with financial institutions and ensure timely fulfillment
• Contribute to treasury policy development, documentation, and continuous improvement initiatives
• Perform ad hoc analyses, audits, and special projects as assigned
• Perform other duties as assigned to support business objectives

Performance Expectations & Key Metrics:

• Performance will be evaluated based on measurable outcomes aligned with company and departmental goals. Metrics may include:
• 99% Accuracy of wires sent and dual verification of wires
• 98% Accuracy and timeliness (within 1 business day of request) of wire processing and approvals
• 100% compliance with documented treasury controls and adherence to treasury policies
• Timeliness (within 1 business day) and 98% accuracy of cash application and 100% on reconciliations
• Quality and reliability of cash forecasting outputs with 95% accuracy on rolling 2-week basis
• Responsiveness and resolution of banking and operational issues within 2 business days of escalation
• Process improvements implemented and operational efficiencies gained with minimum 2-4 process improvements implemented annually, measured with a 10% or more reduction in processing time, errors or manual effort reduction

Required Qualifications

Education

• Bachelor’s degree in accounting, business, management, or finance 

Experience

• Treasury experience a plus, not required

Skills & Competencies

• Attention to detail to efficiently allocate your resources to achieve thoroughness and accuracy while accomplishing tasks
• Analytical skills including critical thinking, data analysis, research, and communication to identify and solve complex problems with the best possible solution
• Organization skills to maintain an orderly workspace, meet deadlines, and communicate well with others in the organization
• Able to work independently and think through problems with a more creative solution approach without supervision
• Thorough knowledge of Excel to solve common as well as unusual work problems