Treasury Accounting Manager

$90,000 - $166,400/Yr

GPM Investments

Full-time

Food and Beverage Retailers

About the position

The Treasury Accounting Manager plays a crucial role in overseeing the reconciliation of all depository and operating disbursement bank accounts within the organization. This position is essential as the company expands through acquisitions, necessitating the implementation of cash accounting processes and the establishment of new depository bank accounts. The Treasury Accounting Manager is responsible for supervising a team of cash accountants, providing leadership and direction to ensure that cash processing, reconciliation, and reporting functions are completed within established deadlines and in compliance with company policies and regulations. In this role, the Treasury Accounting Manager will engage in daily accounting oversight and management of corporate bank accounts for multiple legal entities. This includes ensuring that all account transactions are accurately recorded and that the validation and approval process for daily banking transactions is conducted in accordance with bank deadlines and company policies. The manager will also coordinate the setup of banking for new sites in collaboration with the Treasurer, ensuring that policies and procedures are effectively communicated to all locations. The position requires a thorough review and approval of bank account reconciliations on a daily, weekly, and monthly basis, as well as journal entries for month-end close. Maintaining the integrity and accuracy of the general ledger and subsidiary ledgers for bank accounts is a critical responsibility. The Treasury Accounting Manager will supervise and develop direct reports, ensuring that daily tasks are completed efficiently while enhancing their performance and work output. Collaboration with other departments is key to improving communication and identifying better ways to work together towards common goals and company initiatives. The manager will also recommend process improvement opportunities to increase efficiency within the group and support the enforcement of internal controls and policies. Additionally, the Treasury Accounting Manager will assist in mitigating or reducing banking fees and transaction costs associated with treasury activities through periodic reviews of activities and expenses. Working with external auditors to provide required documentation and support is also part of the role.

Responsibilities

• Daily accounting oversight and management of corporate bank accounts for multiple legal entities to ensure account transactions are properly recorded
• Work with various departments in the validation and approval process of all daily banking transactions according to bank deadlines and company policies
• Coordinate new site banking set-up with Treasurer and communicate policies and procedures to locations
• Review, perform and approve bank account reconciliations on a daily, weekly and monthly basis
• Review journal entries for month-end close
• Maintain integrity and accuracy of the general ledger and subsidiary ledgers for bank accounts
• Supervise and develop direct reports to ensure completion of daily tasks and enhance their performance and work output
• Work cross-functionally with other departments to improve communication and identify better ways of working together towards common goals and company initiatives
• Recommend process improvement opportunities to increase efficiency within the group
• Support the enforcement of internal controls and policies and implement standard operating procedures to ensure compliance
• Assist in mitigating or reducing banking fees and transaction costs of treasury activities through the periodic review of activities and associated expenses
• Work with external auditors to provide required documentation and support upon request

Requirements

• Bachelor's Degree in Accounting, Finance or Banking required
• 6+ years of experience in Accounting and/or Treasury and 3+ years supervisory experience
• Proven organizational and leadership skills and demonstrated ability to prioritize work, delegate responsibilities and manage multiple activities
• Dependable and reliable self-starter; highly motivated with a sense of urgency and produces results under strict deadlines
• Excellent oral and written communication skills and strong interpersonal and relationship skills
• Strong analytical skills and ability to solve problems and apply creative and timely solutions
• Adaptable to a fast paced, shifting work environment; willing to remain flexible to accommodate changing business conditions, work requirements and scheduling needs
• Highly proficient in Microsoft Excel