Treasury Associate

Aston Carter•Hanover, MD

5d•$60,000 - $65,000•Hybrid

About The Position

As a Treasury Associate, you will support cash management processes with a focus on updating cash forecasts and positions, ensuring proper funding, and managing bank transactions. Your role will involve handling bank account management, foreign exchange transactions, treasury payments, and more to maintain efficient financial operations.

Requirements

1-2 years of financial or accounting experience.
Experience and knowledge of change management principles, methodologies, and tools.
Proven successful track record working in large/complex multi-location programs/projects.
Experience with large-scale organizational change efforts.
Experience with technology implementations.
Exceptional communication skills – both written and verbal.
Detail-oriented with the ability to clearly articulate messages to a variety of audiences.
Ability to establish and maintain strong relationships.
Ability to influence others and move toward a common vision or goal.
Flexible and adaptable; able to work in ambiguous situations.
Demonstrated ability to learn technical information quickly.
Demonstrated ability to identify training needs and create training materials leveraging a variety of modalities.
Problem solving and root cause identification skills.
Understands business process mapping.
Possesses systems thinking.
Must be a team player and able to work collaboratively with and through others.
Acute business acumen and understanding of organizational issues and challenges.

Nice To Haves

Familiarity with Adobe Premiere or Adobe InDesign desired.
Familiarity with project management approaches, tools and phases of the project lifecycle (including agile).
Knowledge of back office and/or Staffing Industry desired.

Responsibilities

Display an understanding of bank transactions to properly update cash forecasts and cash positions.
Provide accurate and timely cash positions for stand-alone bank accounts.
Ensure proper funding to support cash flow needs through a basic understanding of bank and intercompany debt.
Identify and remediate bank reporting issues.
Organize and maintain corporate and banking documentation and records.
Independently perform bank account management, including processing account opening and closing documentation, updating signature cards, and assisting in implementing treasury services.
Demonstrate foreign exchange knowledge and book and confirm spot trades.
Understand payment types and settlement, properly setting up treasury payments in online banking systems and ERP.
Provide timely and accurate support to Financial Reporting by demonstrating knowledge of Treasury transactions.
Analyze bank fees for accuracy and recommend cost savings.
Set up, train, and audit all online bank users.
Maintain treasury procedure guides and recommend improvements to existing processes.
Maintain and reconcile treasury schedules, such as debt, foreign exchange, and investments.
Manage customer service questions and issues, determining the proper course of remediation, and liaising with business and banking partners.
Educate customers on fraud prevention best practices and required business processes for daily responsibilities.
Provide various support to treasury projects as requested.