Treasury Analyst Lead

SWBC•San Antonio, TX

About The Position

The Treasury Analyst Lead is responsible for corporate account management and reconciliation, consulting with leaders, maintaining accurate financial data, identifying and implementing process improvements, and reporting status updates. The role performs monthly reconciliations of corporate bank and general ledger accounts, investigates discrepancies, makes adjustments, and supports other Treasury functions. It applies treasury and analytical expertise across financial operations and works with Treasury leadership, banking partners, and teams across the organization to resolve issues, improve and automate processes, support cash management, and complete reconciliations and reporting accurately and on time. The position also supports investment-account reconciliations and schedules, unclaimed property and escheatment activities, cash forecasting, intercompany processing, month-end duties, bank-fee analysis, and daily treasury operations. The employee attends training and works with Treasury management and the V.P. of Treasury to learn and provide backup for other Treasury functions.

Requirements

Associate’s degree or higher in Accounting, Finance, Banking, or a related field of study from an accredited four-year college or university.
At least five years of experience in banking, treasury, ACH, general ledger, account reconciliation, or a related area.
Excellent problem-solving skills and the ability to independently resolve an issue from start to finish.
Good understanding of general ledger accounting and ability to research historical transactions.
Working knowledge of general accounting principles, ACH regulations, and journal entries.
Working knowledge of personal computers, including MS Word, Excel, and the Internet.
Excellent interpersonal and organizational skills.
Strong analytical skills, attention to detail, and ability to multitask.
Ability to understand existing controls, ensure processes are followed as designed, and immediately escalate exceptions that do not align with established processes.
Self-motivated and able to work independently in the office or remotely.
Ability to travel locally.
Ability to sit for long periods while gathering, updating, and validating accounting transactions.

Nice To Haves

Bachelor’s degree.

Responsibilities

Reconcile corporate bank and general ledger accounts using an automated reconciliation program or Excel.
Import bank account activity from various banks and general ledger activity from multiple systems for reconciliation.
Research outstanding reconciliation items and make adjusting journal entries or request bank transfers.
Coordinate with banks to resolve issues involving user access, positive pay files, and reconciliations.
Send company leaders weekly cash-position reports and provide variance analysis.
Contribute to automating reconciliation processes and maintaining consistency in bank reconciliation procedures.
Track outstanding checks, communicate their status to preparing departments, coordinate clearing checks, and transfer checks to escheatment reports as necessary.
Process voided and stopped checks.
Obtain bank statements from banks through bank portals or email.
Assist with journal entries and monthly reconciliations for investment brokerage accounts, and support Financial Analysts with investment schedules documenting purchases, sales, and realized or unrealized gains for investment roll-forwards.
Research money due to SWBC entities, file state reports, and receive and apply recouped funds as part of Unclaimed Property duties.
Research state requirements and file the required paperwork and funds within permitted timelines for the Escheatment process.
Attend training and work with Treasury management and the V.P. of Treasury to learn and back up other Treasury functions.
Conduct regular testing and troubleshooting of department software, including Workday.
Support cash-balance forecasting one month out and communicate with departments where necessary.
Identify, communicate, and process monthly intercompany activity.
Support month-end duties and ensure tasks are completed on time.
Review and analyze bank fees to identify cost savings.
Improve processes by streamlining and automating tasks to reduce manual work and potential errors.
Communicate loan payments, facilitate overnight trading, approve settlements, reconcile daily bank activity, and perform other daily tasks as needed.
Collaborate with other departments to ensure processes are working and identify improvements involving cash posting and reconciliation, automation, accounts payable requests, and reporting.
Perform other duties as assigned.