Accountant

Company Overview

We are looking for a Treasury/Cash Management Accountant to support daily cash management activities, assist in preparing journal entries, perform reconciliations, and conduct account analysis. This role also involves auditing various bank accounts and general ledger (GL) accounts to ensure accuracy. The position generally reports to the Director of Treasury Operations.

Key Responsibilities:

Treasury Specific:

• Support daily and month-end cash management, investment, and accounting activities.

• Access and analyze bank reports from various banking and investment institutions to inform cash projections and reporting.

• Assist in determining the daily cash position and the financial needs of business units, identifying any fund surpluses or shortages, and taking appropriate action.

• Review daily bank transaction reports to track and analyze money movement transactions.

• Monitor Positive Pay check clearing exceptions to prevent fraud and ensure the accuracy of corporate assets; review ACH return items and initiate necessary corrections.

• Review, approve, and sometimes initiate daily fund disbursements, including ACH or FED Wire transactions based on Accounts Payable disbursement data.

• Assist in calculating funding needed to redeem investment funds for daily disbursements.

• Prepare month-end accounting entries related to treasury and investment activities.

• Help prepare cash, reconciliation, and investment transfer reports for Director of Treasury Operations, ensuring accuracy and control.

• Acquire, update, and deliver electronic banking statements and reports to financial reporting staff for month-end reconciliations and tax purposes.

• Assist in the weekly banking reconciliation process to ensure the accuracy of money movement and collaborate with Financial Reporting staff for the month-end reconciliation process.

• Support the update of cash projection reports and the preparation of daily cash reports.

• Assist in reviewing investment action strategies and accessing Letter of Credit facilities to fund programs.

Additional Accounting Responsibilities:

• Apply Generally Accepted Accounting Principles (GAAP) to prepare income and balance sheet statements and other accounting reports.

• Assist with preparing journal entries, performing reconciliations, and conducting account analysis.

• Audit records and ensure accuracy across various accounts.

Qualifications:

• Bachelor’s degree in Accounting or Finance.

• 1-5 years of relevant accounting experience.

• Knowledge of treasury and cash management functions.

• Strong attention to detail and ability to maintain accuracy in financial reporting.