Associate Principal, Treasury

*Hybrid, 3 days onsite, 2 days remote*

A prestigious financial firm needs an Associate Principal, Treasury. This position will report to the treasurer and will help the treasury team to focus on treasury management, cash management, liquidity management, debt management, banking relationships, optimum utilization of funds, etc. This person needs to be an expert with Excel, online banking platforms, oracle, etc.

Responsibilities:

• Manage bank treasury portals and maintain relationships with banking contacts and outside service providers. Provide feedback when appropriate and escalate issues
• Document transactions in cash ledgers, treasury management system, and Oracle
• Assist in setup of cash ledgers and reports in newly implemented treasury management system
• Execute all daily cash movements including wires, checks, and ACH processing for outgoing payments and other cash movements
• Invest funds in accordance with risk tolerances and approved investment guidelines
• Ensure transactions are processed timely and accurately and communication between Treasury and other departments is consistent and timely
• Complete and distribute daily cash and investment reports to management
• Interact with banks and investment counterparties daily to help optimize the processing of cash and investments. Participate in monthly performance reviews and lead annual operational reviews.
• Participate in month-end, quarter-end, and year-end cash management related closing activities
• Assist in the development and maintenance of company policies, Treasury's procedures, job aids, and training guides by writing, updating, and reviewing them
• Support regulatory reporting obligations
• Support negotiation of various deposit, investment, and credit agreements
• Provide administrative and analytical support for the corporate commercial insurance program and lead the annual policy renewal
• Manage liquidity facility activities including test draws and related monitoring and documentation
• Participate in the renewal of liquidity facilities including development and update of related presentations to bank participants and management
• Work closely with the Treasurer on the development of senior management reporting (dashboard, KPIs, KRIs)

Qualifications:

• Bachelor's degree in Finance, Accounting or Economics or a similar field
• 6+ years of progressively responsible treasury experience, including a thorough understanding of treasury management
• Solid understanding of basic finance and accounting principles
• Advanced/expert skills in Microsoft Excel
• Proficient with Microsoft Office
• Proficient with online banking platforms
• Proficient with treasury management systems such as GTreasury
• Proficient with Accounting software applications such as Oracle

Experience working with financial software such as Bloomberg

• CTP