Treasury Operations Specialist
7 days ago
About the Role:
Infinite Reality LLC is seeking a highly skilled Treasury Operations Specialist to join our dynamic finance team. This role will be responsible for managing day-to-day treasury operations, supporting cash management, liquidity forecasting, and ensuring the efficient processing of financial transactions.
Key Responsibilities:
- Cash Management:
- Monitor and optimize daily cash positions to ensure sufficient liquidity for operational needs.
- Facilitate the execution of daily cash transfers, bank account reconciliations, and manage funding requirements for various business units.
- Bank Relationship Management:
- Manage relationships with banking partners, ensuring smooth transaction processing and troubleshooting any issues related to payments or banking services.
- Assist in the review and set up of bank accounts and provisioning of appropriate bank account access to employees.
- Transaction Processing:
- Oversee and process payments, including vendor and payroll payments, ensuring compliance with internal controls.
- Prepare and reconcile journal entries related to treasury transactions.
- Liquidity Forecasting:
- Assist with the preparation of short-term and long-term liquidity forecasts to ensure optimal cash flow.
- Provide insights into cash flow trends and help develop cash management strategies.
- Reporting:
- Prepare and distribute accurate and timely treasury reports, including daily cash reports, bank account activity, and liquidity updates.
- Support the preparation of ad hoc reports to senior management and auditors as needed.
- Treasury Systems:
- Assist with the implementation of any new treasury management systems while ensuring data integrity.
- Assist with the integration of new technology or systems to improve the efficiency of treasury operations.
- Compliance & Risk Management:
- Ensure compliance with relevant regulations, company policies, and best practices for treasury operations.
- Assist in managing and mitigating financial risks related to cash management and financial transactions.
Requirements:
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- 3+ years of experience in treasury operations.
- Strong analytical skills with a keen attention to detail.
- Proficiency in Microsoft Excel (advanced functions, financial modeling).
- Familiarity with banking processes, payment systems, and cash management tools.
- Ability to work independently and as part of a team.
- Strong communication skills to interact with internal teams and external banking partners.
- Knowledge of regulatory requirements and industry standards in treasury operations.
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