Treasury Specialist in Waltham, MA at Benchmark Senior Living

Date Posted: 10/10/2018

Job Snapshot

Job Description

Looking for a Great Place to Work? According to Fortune Magazine, The Boston Globe, Boston Business Journal, Connecticut Post, Hartford Courant and Hartford Business Journal… it’s Benchmark Senior Living. Not only do they tell us, but our associates live it every day.

 At Benchmark, we look for and hire talent. Our associates are Called to Care in ways that impact lives through human connection. Team, collaboration, sharing resources and ideas are central to how we work. We are thought leaders creating quality experiences and inspiring personal growth for all who engage with us. We just happen to imagine, build and manage beautiful, private-pay communities geared toward older adults.

 Are you Called to Care about your work, other people and making a difference? Do you believe that people and teams are Better Together than going at it alone? Are you always striving to Be the Benchmark by which all others are measured? Then our core values match, and we’re interested in you.

CURRENT OPENING: Treasury Specialist

PURPOSE

The Treasury Specialist is responsible for applying policies and procedures in the timely processing and handling of all day to day cash management activities related not only to the communities that Benchmark manages, but the investment funds it manages.

 PRIMARY DUTIES AND RESPONSIBILITIES

  • Oversee daily cash activities for 60 Assisted Living communities and determine daily cash position; assist with short-term cash forecasting
  • Compile and analyze financial information to meet monthly, quarterly and fiscal year end management reporting requirements.
  • Assist in evaluating compliance with the Company's treasury policies and internal controls.
  • Manage banking relationships and bank accounts including but not limited to account openings, account closings, change in treasury services, etc.
  • Assist accountants in researching variance reconciling items on bank reconciliations
  • Prepare ACH data files for both accounts payable and accounts receivable and transmit the files to multiple banks
  • Confirm receipt of all data transmission uploads
  • Review accounts for returned items. Research and correct as needed.
  • Monitor bank accounts for Positive Pay exception items. Research and make decisions as needed.
  • Perform administrative duties and provide field support for Modus Pay check scanning software and hardware
  • Execute investment of excess funds and/or short-term borrowings as needed.
  • Process inter-company cash transfers
  • Process wire transfers
  • Perform administrative duties for online banking portals
  • Act as company administrator for American Express cardholders
  • Other ad hoc duties as assigned

Job Requirements

EDUCATION/EXPERIENCE/LICENSURE- CERTIFICATICATION

  • Certified Treasury Professional (CTP) preferred
  • BS or BA degree in accounting, finance or business from accredited college or university
  • 3-5 years of relevant finance experience

Skills

  • Demonstrates attention to detail
  • Maintains organized, neat, and accurate files
  • Demonstrates ability to work as a team player
  • Demonstrates good communication skills
  • Communicates effectively with supervisor

 Communication

  • Communicates effectively with supervisor and colleagues both within and outside the organization
  • Strong written skills

 Computer Skills

  • Demonstrates proficiency in MS Office and strong use of Excel.
  • Experience with, or ability to become proficient in, accounting software