Treasury Analyst

Treasury Analyst

About the Opportunity

Job Description

Summary

This position will be primarily responsible for cash management and banking activities. The ideal candidate would handle daily cash management reporting, manage banking relationships, perform analyses, prepare internal reporting, and execute special projects, as assigned. The Analyst will support all aspects of Treasury Operations activities. This includes debt management, investments and non-student revenue and accounts receivables.

Minimum Qualifications

• B.S. in Accounting, Finance or Economics or similar work experience required
• Minimum 3-5 years banking, treasury, accounting, or finance required
• Proficiency in Excel and Word required
• Strong written and verbal communication skills
• Ability to work independently and as part of a team
• Must be able to multi-task and manage competing deadlines
• Customer satisfaction-oriented
• Attention to detail and mathematical skills
• Ability to learn new technologies, processes and procedures
• Ability to analyze and solve problems in a timely manner is a must
• CTP designation preferred
• Banner, Workday and/or Transact (f/k/a CASHNet) experience preferred

Key Responsibilities

• Reconcile all prior day payment batches to end-of-day system reports. Maintain report communicating all prior day payments processed per internal and/or bank systems and the support for all transactions. Triangulate three different systems (a three-way match: Bank, Payment Processing and Accounting) to identify issues. Detect unidentified cash transactions and resolve. Proactively communicate issues and solutions to Accounting and other university constituents.
• Prepare Daily Cash Position report. Research unknown transactions. Make investment purchase/sale recommendations based upon excess or deficient bank balances. Recommend process improvements.
• Assist with Bank Relationship management. Evaluate banking products and services. Perform timely maintenance of bank systems and reviews of price information. Provide bank account administration and services support including documentation for opening and closing bank accounts, tracking and updating bank signatories, etc. Provide administration support for the University's banking platform(s).
• Process current day cash and check transactions for internal customers and deposit checks to bank via Remote Deposit Service.
• Process returns, refunds and chargebacks, including checks, electronic payments and credit card payments.
• Assist Assistant Treasurer with projects as needed.

Position Type

Finance

Additional Information

Northeastern University considers factors such as candidate work experience, education and skills when extending an offer.

Northeastern has a comprehensive benefits package for benefit eligible employees. This includes medical, vision, dental, paid time off, tuition assistance, wellness & life, retirement- as well as commuting & transportation. Visit https://hr.northeastern.edu/benefits/ for more information.

All qualified applicants are encouraged to apply and will receive consideration for employment without regard to race, religion, color, national origin, age, sex, sexual orientation, disability status, or any other characteristic protected by applicable law.