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Five Star Senior Living
Newton, MA

CONTACT:  Apply here

The Treasury Analyst is responsible for assisting and supporting the Treasury Manager for the day-to-day functions of the cash management operations of the company as well as for the communities we manage. The role will also provide key analytical support and other financial performance metrics to the Treasury Manager and others. Planning and implementation of cash management projects as well as management and analysis of cash flows, cash postings, financial positioning, reconciliation, compliance and reporting. Work to build first-in-class treasury functions including cash management, cash forecasting, liquidity management, debt management, bank account/bank relationship management and other treasury related operations. Strategically partner with legal, tax, financial planning and analysis, accounts receivable, accounts payable and the accounting teams to improve inter-departmental efficiency and corporate effectiveness.

RESPONSIBILITIES:

  • Learn to use the latest in technology applications to efficiently perform daily and monthly cash application processes
  • Perform daily cash management activities including initiating wire transfers, exception processing including positive pay, returns and deposit items and daily cash position reporting and updates to management
  • Facilitate cash management functions, including EFT payments, account funding, cash concentration, etc.
  • Manage and reconcile daily cash positions and analyze variances in cash availability/forecasts and seek ways to improve forecasts/projections
  • Ensure sufficient daily liquidity for working capital needs through cash and liquidity management
  • Review account analysis and resolve any fee discrepancies and provide solutions for cost savings
  • Assist with implementation of process improvements in cash management and other treasury initiatives
  • Support bank account maintenance activities
  • Assist in maintaining relationships with banks and financial institutions
  • Assist in preparing and designing the company’s strategic cash flow forecast models
  • Assist with cash management, forecasting, liquidity management, debt management, month-end accounting process, compliance and reporting as they relate to treasury functions
  • Assist in the implementation of new bank technologies, products and other related systems
  • Assist with various treasury reports to support periodic audit and SEC reporting requirements
  • Proficient understanding of management agreements with which our revenue is generated and how policies and procedures have been designed to execute in accordance with the management agreement
  • Exercising critical thinking in operational, financial, or transactional analysis to identify and help resolve any issues
  • Assist in the development, monitoring and compliance of treasury procedures and policies.
  • Ensure compliance with Sarbanes Oxley (SOX) 404 for respective areas
  • Ensure compliance with daily, monthly, quarterly and annual debt covenants
  • Assist in supporting periodic internal and external audits
  • Strategically partner with tax, financial planning & analysis, accounts receivable, accounts payable and accounting and other internal groups, to resolve current treasury related matters and future funding transactions, external borrowings and acquisition-related activities
  • Expand job knowledge by participating in educational opportunities and professional organizations
  • Complete ad hoc assignments, including projects that are outside of treasury
  • Support other treasury/corporate-related activities, as required

REQUIREMENTS:

  • Bachelor’s degree in Finance, Accounting or Business Administration; Master’s degree in Business, a plus
  • Broad understanding of banking services, standards, best practices, clearing systems and payment technologies
  • Several years of work experience in a fast-paced treasury/finance environment
  • General knowledge of GAAP and SEC reporting requirements related to treasury activities
  • Proficiency in Microsoft Office (with advanced Excel modeling skills)
  • Solid analytical skills and excellent attention to detail
  • Strong communication skills, both oral and written
  • Detailed oriented, ability to work independently and as part of a team
  • Effective organizational and time management skills
  • Proactive, results-driven and reliable
  • Ability to interact with all levels of corporate structure both internally and externally
  • Self-motivated to seek out answers, generate ideas, develop new skills and drive process improvements within a team setting
  • Enthusiastic and shows an intense enjoyment and interest in treasury matters
  • Positive attitude with the flexibility to work well in a changing and fluid environment
  • Consistently takes pride in the quality of their work
  • Seeks feedback and perspective from others; requests assistance and guidance to prioritize
  • The preferred candidate would also have experience in:
    • Treasury operations
    • Mid-size to large SEC registrants
    • Workday

Additional Certificates, Licenses, Registrations:

  • Certified Treasury Professional (CTP), strongly preferred
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