TREASURY SPECIALIST

JOB TITLE: Treasury Specialist (Full Time)

CLASSIFICATION: Exempt

DEPARTMENT: Finance

JOB SUMMARY

The Treasury Specialist is responsible for supporting the company's treasury and finance operations, including cash management, banking activities, payment processing, liquidity forecasting, assisting with month-end and year-end close processes. This role ensures timely and accurate cash transactions, maintains banking relationships, and supports compliance with internal controls and corporate policies.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Cash Management & Forecasting

Monitor daily cash positions and liquidity requirements.

Prepare daily, weekly, and monthly cash forecasts.

Analyze cash inflows and outflows to identify funding needs and opportunities.

Support working capital optimization initiatives.

Banking Operations

Initiate and process wire transfers, ACH payments, and other treasury transactions.

Maintain bank account records and authorized signatory documentation.

Assist with bank account openings, modifications, and closures.

Coordinate with banking partners regarding treasury services and issue resolution.

Treasury Controls & Compliance

Ensure compliance with treasury policies and internal controls.

Support segregation of duties and approval workflows for payments.

Maintain documentation supporting treasury transactions.

Assist with compliance and audit requests.

Account Reconciliations

Review and reconcile bank statements and general ledger accounts.

Investigate and resolve unreconciled transactions and exceptions.

Monitor outstanding checks, returned payments, and other treasury exceptions.

Reporting & Analysis

Prepare treasury reports and dashboards for management.

Analyze cash trends, bank fees, and treasury metrics.

Support with monthly, quarterly, and annual close activities.

Support debt compliance and covenant reporting, if applicable.

Prepare journal entries and maintain supporting documentation.

Assist with audits and other required company filings.

Maintain financial records and ensure compliance with internal policies.

Perform other job-related duties as assigned.

Systems & Process Improvement

Identify opportunities for automation and process improvements.

Support ERP and banking system implementations and enhancements.

REQUIRED SKILLS AND ABILITIES

Cash forecasting and liquidity management

Wire/ACH processing

Bank reconciliations

Advanced Excel skills (pivot tables, lookups, financial analysis)

Strong attention to detail and organizational skills.

Proficiency in accounting software (e.g., Microsoft GreatPlains, QuickBooks, NetSuite)

High attention to detail and accuracy

Familiarity with GAAP

Ability to manage multiple tasks and meet deadlines

KNOWLEDGE, EXPERIENCE, AND/OR EDUCATION REQUIREMENTS

Bachelor's degree in Finance, Accounting, Business Administration, or related field.

2–5 years of treasury, accounting, finance, banking, or cash management experience.

Proficiency in Microsoft Excel and accounting software (e.g., Microsoft GreatPlains, QuickBooks, NetSuite).

Experience with online banking platforms and payment processing.

Disclaimer: This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the job. Management reserves the right to modify or reassign job duties as business needs evolve.