Treasury Analyst

Soaren Management LLC•Phoenix, AZ

14h•Hybrid

About The Position

Soaren Management provides customer-centric alternative lending solutions in consumer markets via proprietary underwriting and loan management systems. With multiple verticals in the financial services industry, Soaren excels in customized portfolio management, software development, customer service, telecommunications, automated application processing, and asset recovery. We have built top of the line proprietary software platforms to underwrite and manage loans, which we strive to continually innovate upon and that’s where you come in. Soaren Management is adding a Treasury Analyst to our team in Scottsdale, AZ with a required 1 day in office. We are a Fintech start-up that is stable, profitable, and rapidly growing. A huge part of our success is our commitment to our employees by providing the compensation, benefits, environment, and performance-based rewards to attract the best people we can find. As a Treasury Analyst you will process the day-to-day activities in the treasury function needed to meet the financial obligations of the organization. A large part of this includes managing account balances to meet preset funding levels based on operations activities and other needs. Then to make basic accounting entries for these activities using the NetSuite software.

Requirements

One to two years accounting or finance experience
Ability to meet daily early morning deadlines
Strong Excel skills including pivot tables, V and H lookups
NetSuite experience preferred
Private corporate banking experience preferred
CTP and/or FPAC preferred

Responsibilities

Work with Treasury and Finance team to determine appropriate bank account levels based on cash available and enterprise-wide goals
With a deadline of 8:00am, complete the daily cash reporting and initiate requests for transfers using pre-approved forecasting as a road map to meet cash requirements for 7 different entities
Process wire, ACH and internal bank transfers across multiple banking platforms
Initiate and seek approvals for cash disbursements including AP, debt repayments, and profit distributions
Make NetSuite accounting entries to account for cash transactions
Cash GL account reconciliation
FP&A projects including fee analysis, new product profit evaluation, and AD HOC requests
Participate in financial modeling and forecasting
Participate in cash and lending forecasting
Research/report on variances in forecasted vs. actual cash flow and banking activity.
Daily reconciliation of cash balances
Develop strong working relationships with call center operations teams, banks and upper-level management
Review account balances compared to lending activity to insure funds availability throughout the day.
Assist fellow co-workers with projects as needed
Recommend improvements to work processes/services
Keeps management informed of any technical issues or difficulties