Director of Treasury

Buckingham Companies•Indianapolis, IN

About The Position

The Director of Treasury owns enterprise cash across a vertically integrated real estate platform spanning Development, Construction, Property Management, and Investment Management. The role is responsible for implementing and managing a rebuilt treasury function that consolidates cash activity currently spread across multiple people and departments. This is a hands-on, cross-functional ownership role focused on platform-wide cash reporting, forecasting, and management, rather than a supervisory position. The Director serves as the authoritative source for enterprise cash position and works with executive leadership, treasury banking partners, and internal teams. The role also leads treasury process transformation through automation and AI-enabled workflows, while maintaining appropriate controls and human review.

Requirements

Bachelor's degree in Accounting, Finance, or a related field.
3–5 years of progressive accounting or treasury experience.
Advanced Excel skills.
Working proficiency in Power Query.
Track record of replacing a manual process with an automated one.
Active, practical use of AI and automation tools in professional work, with judgment about when AI output requires verification and where controls belong.
High personal throughput and strong controls discipline.

Nice To Haves

CPA.
Background in real estate, property management, or fund accounting.
Yardi Voyager experience.
Exposure to Power BI or SQL.
Experience deploying AI or intelligent automation in an accounting or treasury setting.

Responsibilities

Own the enterprise-wide cash position across corporate, property, and ownership entities, including daily visibility, periodic reporting, and executive-level cash reporting to the CFO and CEO.
Maintain the three-tier cash reporting framework: Property Dashboard, Opco liquidity, and investment management.
Manage property-level reserves, lender and bank accounts, including HUD-related requirements and restrictions.
Reconcile reported cash between Yardi and bank sources, research and clear variances, and escalate reconciling items to the CFO.
Serve as the authoritative source for enterprise cash balances and locations.
Manage and reconcile intercompany movements between Opco and on-balance-sheet properties.
Own bank account administration, including opening, closing, and maintaining accounts and maintaining the master account inventory, signer matrix, and authority documentation.
Administer online banking entitlements and enforce segregation-of-duties controls.
Execute and verify wires and ACH transfers; manage positive pay and NSF handling; and review account analysis fees.
Serve as the primary operational relationship contact for treasury banking partners.
Partner with the Director of Strategic Analyst to build and maintain a 13-week rolling forecast and a longer-horizon forecast.
Ensure forecast completeness across OpCo operations, property-level cash, dispositions, equity investments and capital events, LOC activity, and refinancing proceeds.
Own forecast-to-actual variance analysis and drive measurable improvement in forecast accuracy.
Apply AI-assisted forecasting methods to extend the forecast horizon and improve accuracy beyond manual modeling capabilities.
Administer line-of-credit activity, including draw and paydown requests, supporting schedules, interest accruals, and availability tracking.
Reconcile LOC balances and activity to lender statements and the general ledger.
Own day-to-day treasury transaction processing, including replacement reserves, escrows, restricted cash, security deposit refunds, and related cash movement.
Support month-end close for treasury accounts and intercompany cash.
Reduce manual transactional hours in the payment function.
Identify opportunities for AI or automation in document extraction and invoice coding, bank statement and transaction classification, reconciliation matching and exception routing, anomaly and fraud detection, cash-flow pattern recognition, and narrative cash reporting.
Lead implementation of lockbox, AI-enabled AP and document processing, and Yardi workflow to eliminate high-volume manual handling.
Serve as treasury power user for Yardi Voyager and lead Voyager 8 and Virtuoso AI enablement for treasury workflows.
Support BAI2 bank feed integration into the enterprise data environment feeding Power BI cash reporting.
Use AI tools in daily work for drafting analysis, building and debugging Power Query and SQL, documenting procedures, and interrogating cash data; raise the broader team’s fluency by example.
Document treasury procedures and remediate control gaps identified in the KSM internal controls review, including appropriate human review controls over AI-assisted processes.