Treasury Analyst

Overview

The Princeton University Office of Finance & Treasury is seeking treasury analyst. This position is responsible for the University's daily cash operations and support of the Treasury cash management function. Primary responsibilities include: daily cash positioning and forecasting, ensuring that all University receipts are efficiently and accurately processed and appropriately accounted for within University financial systems; interfacing with staff in University departments and external banks to ensure proper crediting of receipts; managing the University's merchant service (credit card) setups; and, maintaining various systems and databases in support of cash management. The position is expected to help identify and implement continuous improvement opportunities, including potential new systems, automation of manual tasks, and the ultimate transition to more value-added and strategic Treasury work. This position supports the functional work of both the Cash Manager and the Senior Director of Treasury Services.

Responsibilities

Cash Operations Management

• Manage the daily cash operations of the University, including cash positioning and near-term liquidity projections
• Accurately and efficiently process, report, and reconcile all cash receipts
• Oversee automated bank statement accounting processes, addressing any exceptions
• Responsible for the reconciliation of bank balance sheet accounts
• Research unidentified funds and accurately process these transactions
• Process journal vouchers for returned checks and rejected ACH transactions
• Attend to all inquiries regarding check deposits and electronic fund transfers
• With the support of the Cash Manager, manage the ongoing relationships with the University's banking partners.
• Maintain the relationship with the University's armored car service provider

Departmental Banking Support

• Serve as the primary contact point for departments for cash operation-related issues, which involves a high volume of written and verbal communications with University departmental managers, support staff, and students

Long-Range Liquidity Forecast (10%)

• Maintain the long-range liquidity forecast, including optimizing inputs and structure
• Analyze the forecast, including forecast-to-actual, to help make decisions around investments and borrowing as well as to continually refine the accuracy of the forecast

Merchant Accounts

• Process credit card receipts and assist in managing the related payment card industry (PCI) compliance standards
• With the support of the Cash Manager, manage the ongoing relationship with the University's Merchant Account provider, seeking to standardize and improve credit card receipt processes
• Monitor existing University merchant accounts and establish all new accounts that enable departments to collect funds via credit card
• Supervise the credit card terminal loaner program

Cash Management Systems Maintenance & Support

• Maintain the Cashier's system, which uploads all University receipts into the PeopleSoft Financials system
• Coordinate and test all technical changes to detailed transmission files with the University's operating bank(s)
• Liaise with Finance Technology and the Controller's Office regarding use the ERP system

Projects and Other Duties as Assigned

• Collaborate with Treasury colleagues and represent departmental needs
• Evaluate and implement new technology, such as a Treasury Management System (TMS)
• Identify and implement continuous improvement opportunities for all Treasury processes
• Participate in working groups and on project teams as a representative of Treasury Services
• Other ad-hoc projects and duties as assigned

Qualifications

Essential Qualifications:

• Bachelor's degree in a finance-related field, or equivalent work experience (5+ years of cash operations experience)
• 3 years of experience in treasury operations, corporate finance, accounting, or banking.
• Experience with cash operations, cash positioning, bank reconciliation and/or transaction processing.
• Working knowledge of banking process, ACH, wire transfers, and check processing.
• Familiarity with ERP Financial systems (i.e., PeopleSoft Financials).
• Proficiency in Microsoft Word, Access, and Excel.

Preferred Qualifications:

• Prior work experience in cash operations, banking, merchant accounts, and PCI compliance
• Familiarity with the business operations and unique processes of a higher education institution
• Experience with applications such as Enterprise Resource Planning (ERP) systems and Treasury Management Systems