Senior Treasury Accountant

Senior Treasury Accountant Position Summary Penn Foster's Accounting team delivers high-quality financial reporting, analysis, and decision-support information for business leaders while ensuring compliance with external reporting requirements. As a key member of the Treasury, Accounts Receivable, and Accounts Payable functions, the Senior Treasury Accountant serves as a trusted business partner by providing timely and accurate cash reporting, liquidity analysis, and treasury support that enable informed business decisions. This role is responsible for daily cash position reporting, cash forecasting, treasury operations, account reconciliations, variance analysis, financial reporting, and month-end close activities. The Senior Treasury Accountant will play a critical role in ensuring the accuracy and integrity of cash-related financial information across multiple entities and bank accounts while supporting the organization's liquidity management and operational effectiveness. The ideal candidate is a highly motivated, detail-oriented treasury and accounting professional who demonstrates strong ownership, accountability, and a sense of urgency. This individual must be comfortable working independently in a dynamic environment, proactively identifying issues, investigating discrepancies, and driving solutions with minimal direction. Success in this role requires strong analytical skills, treasury expertise, reconciliation experience, and a continuous improvement mindset, including leveraging technology, automation, and AI-enabled tools to improve efficiency and reporting accuracy. Essential Job Functions

Prepare and communicate daily, weekly, and monthly cash forecasts to support liquidity management, capital planning, and strategic decision-making. Monitor daily cash positions across multiple entities and bank accounts, ensuring adequate funding to support payroll, accounts payable, and ongoing business operations. Prepare and distribute daily cash position, cash availability, and disbursement reports to Accounting leadership, FP&A, and executive stakeholders. Support treasury operations, including cash transfers, banking transactions, account funding activities, debt service activities, and administration of bank accounts and related documentation. Perform cash, bank, credit card, and balance sheet account reconciliations, researching and resolving discrepancies in a timely manner. Analyze variances between bank activity, subsidiary ledgers, and the general ledger; prepare journal entries and corrective actions as needed to ensure accurate financial reporting. Prepare journal entries, account reconciliations, and variance analyses in accordance with Generally Accepted Accounting Principles (GAAP). Collaborate closely with Accounts Payable, Accounts Receivable, FP&A, and Accounting teams to investigate transactions, resolve reconciliation issues, and support business operations. Support monthly, quarterly, and annual close activities by ensuring treasury-related deliverables are completed accurately and within established deadlines. Support interim and year-end external audits by preparing schedules, documentation, and responding to audit requests. Research accounting and treasury-related issues and assist with technical accounting matters as needed. Develop and maintain process documentation, standard operating procedures (SOPs), and internal controls related to treasury and cash management activities. Identify, recommend, and implement process improvements to enhance treasury operations, strengthen internal controls, improve reporting efficiency, and leverage automation and AI-enabled solutions. Support special projects, system implementations, and ad hoc financial analyses for management and executive leadership. Serve as a trusted financial partner by delivering accurate, timely, and actionable financial information to business leaders.

Knowledge, Skills, and Abilities

Bachelor's degree in Accounting, Finance, Business Administration, or a related field. Certified Treasury Professional (CTP) designation strongly preferred. CPA certification is beneficial but not required. 4+ years of progressive experience in treasury, accounting, or finance roles, with direct experience managing cash forecasting, cash positioning, treasury operations, and reconciliations. Public accounting experience is a plus. Experience with Microsoft Excel and accounting systems such as Dynamics 365, NetSuite, AS400, or similar ERP platforms. Dynamics 365 experience strongly preferred. Strong understanding of cash management, liquidity forecasting, treasury operations, and reconciliation processes. Demonstrated ability to independently manage multiple priorities, meet deadlines, and maintain a high degree of accuracy in a fast-paced environment. Proven ability to investigate variances, identify root causes, and implement corrective actions. Strong analytical, problem-solving, and critical-thinking skills with the ability to interpret financial information and communicate findings effectively. Experience creating process documentation, SOPs, and operational controls in evolving environments. Demonstrated commitment to continuous improvement, process optimization, automation, and technology adoption. Excellent organizational skills, attention to detail, and ability to manage competing priorities. Strong communication and collaboration skills with the ability to build effective working relationships across Accounting, FP&A, Treasury, and business teams. Self-motivated, accountable, and comfortable working independently in a remote environment with limited direction and evolving processes. Demonstrated sense of ownership, urgency, and commitment to delivering high-quality work on time.

Work Environment & Hiring Requirements

U.S. Work Location Requirement: All employees must reside in and perform work within the United States. We do not support international remote work arrangements for this role. Travel Expectations: While this is a remote position, occasional travel may be required for team meetings, company events, conferences, summits, etc. Candidates must be willing and able to travel as needed. On-Camera Work Environment: We operate in a highly collaborative, remote, on-camera culture. Employees are expected to be on camera during meetings unless extenuating circumstances apply. Recorded Video Interviews: All video interviews conducted during the hiring process will be recorded to support internal hiring consistency and process improvement. Background Checks: Employment with Penn Foster Group is contingent upon successfully completing applicable pre-employment screening requirements, which may include verification of employment history, education, and criminal background, where permitted by law. Identity Verification (Form I-9): As part of our onboarding process, all hires must complete employment eligibility verification in compliance with federal law. This includes remote Form I-9 verification, which may require an in-person identity verification step with an authorized representative.

About Us: At Penn Foster Group, we are transforming online learning to help learners by bringing together Penn Foster, CareerStep, Ashworth College, James Madison High School, the New York Institute of Photography, the New York Institute of Art and Design, and other education platforms. Together, we create an accelerated path to greater economic mobility through real-world skills and knowledge that enable learners to achieve long-term success in the workplaces of the future. Our history dates back to 1890 when our founder, Thomas Foster, pioneered distance education by offering training by mail for coal miners to get the necessary skills for safer jobs. Today, with the partners who use our education and training programs, we continue that mission of providing accessible training and education for in-demand skills and are building a workforce that’s prepared for the future job market. Equal Employment Opportunity: We strive toward Diversity, Equity, and Inclusion at Penn Foster Group by intentionally building diverse teams – in identities, lived experiences, and ideas to create a culture where people feel connected to each other and have a sense of belonging. We value diversity, equity, and inclusion because it is the foundation that enables us to achieve what we set out to do as an organization – from maximizing the number of learners who can reach their goals while giving them the kinds of experiences we want them to have, to becoming the type of company we want to work in. What We Offer: We offer a robust benefits package that includes medical, dental, vision, flexible spending, generous paid time off, sponsored volunteer opportunities, a 401K with a company match, and free access to our online programs.