Treasury Specialist

All Job Postings • Alpena, MI

9d • Hybrid

About The Position

Northwood Solutions, Inc. is restructuring its Treasury Management team to better support client growth, enhance internal controls, improve succession planning, and provide specialized expertise to its client companies who require increasingly complex banking and cash management activities. This role is ideal for someone with treasury management experience who enjoys combining hands-on cash and payment operations with analysis, reporting, controls, and process improvement.

Requirements

• Treasury management experience
• Cash and payment operations experience
• Analysis, reporting, controls, and process improvement experience

Responsibilities

• Prepare daily and weekly cash position reports.
• Monitor liquidity across multiple entities and bank accounts.
• Support cash forecasting and funding activities.
• Analyze account balances and funding requirements.
• Calculate interest and maintain supporting schedules.
• Support clients as they transition to various banking structures.
• Process ACH transactions.
• Initiate and manage domestic and international wire transfers.
• Verify supporting documentation and approvals.
• Maintain ACH and wire transaction logs.
• Monitor settlement activity and confirmations.
• Investigate returns, rejects, and payment exceptions.
• Coordinate with banking partners regarding payment issues.
• Support fraud prevention and payment control procedures.
• Perform ACH and banking analysis.
• Analyze treasury activity and identify variances.
• Prepare weekly cash reporting packages.
• Support executive treasury reporting.
• Develop dashboards and key performance indicators.
• Continually cross-train with the Treasury team to share and maintain knowledge.
• Collaborate with the Treasury team to ensure continuity of daily operations.
• Identify opportunities to automate treasury processes.
• Develop advanced Excel reporting tools.
• Build dashboards, models, and reporting.
• Improve treasury workflows and controls.
• Create and maintain treasury documentation and SOPs.
• Support treasury policy compliance.
• Assist with internal and external audits.
• Maintain treasury control documentation.
• Monitor segregation of duties and payment controls.
• Assist with banking governance initiatives.

Benefits

• Competitive pay based on competency
• 100% employer-paid health insurance and HSA for employees
• Flexible paid time off and holidays
• 401(k) with employer matching
• Discretionary bonuses

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed