Treasury Analyst

Position Title: Treasury Analyst

Client: Educational Testing Service

Location: Princeton NJ 08541

Hybrid: Tues/Wed/Thursday

Treasury Analyst

As a member of a very small, high-profile team the incumbent will be a key participant in a broad range of Treasury support functions. This position’s main responsibilities will include Cash Management, E-Payment and Credit Card processing, Cash Forecasting, Budgeting and analysis of bank /program activity for ETS operations. In addition, you will implement process improvements, ensure that all department procedures are documented and be responsible for coordinating the departmental staff cross training program.

Responsibilities:

•Prepare and be responsible for daily cash management processes which includes setting cash position, positive pay payee, check/ wire transfer /ACH /Mobil Pay operations for all disbursement accounts. Reconciling and recording all, credit card transactions, foreign currency drafts payments, ARC processes, client bank reconciliations, and remote data capture services, lockbox as well as deposit services for headquarter and subsidiary companies.

•Responsible for analysis and research of payments issues bring to resolution and communicating back to internal or third-party providers.

•Preparation and approval of departmental journal entries and establishment of a monthly accrual amounts.

•Prepare and gather information for long term and short-term cash flow forecast along with monthly variance analysis.

•Maintain and update organized documentation in addition to process and procedure manuals for cash, budget, forecast, and bank account analysis, E-payment and credit card and all departmental activities.

•Responsible for the gathering of information and preparation of the monthly /quarterly/annual budget for the Treasury department.

•Compile and analyze data required for the preparation of various ad hoc and routine statistical reports such as monthly and Fiscal Year to date e-Payment reports and dashboard metrics and fraud analysis.

•Perform annual e-Payment System access revalidation and maintain and update user access on an ongoing basis

•Assist as a full back up to Director E- Payments and other Treasury department positions to cover ETS and other activities during department absences.

•Ensure department compliance with processes and policies and ensuring that all process and contingency manuals are updated on a regular basis.

•Work with internal and external auditors to provide support documentation.

POSITION DESCRIPTION:

This position description represents a general summary of the essential position duties, responsibilities and/or

functions of this position and may be subject to change. It is not intended to be comprehensive or prescribe or restrict the

tasks that may be expected of the incumbent.

Management reserves the right to assign or reassign duties and/or

responsibilities at any time as business needs require.

•Assist reasury Leadership with special related projects which includes providing meeting minutes and documenting status updates.

•Adhere to ethical standards and comply with the laws and regulations applicable to the job function

REQUIRED SKILLS:

•Overall knowledge of Cash Management and banking systems

•Overall knowledge of Merchant card and E-Payment processing and systems

•Overall knowledge of bank products and tools used for cash management Audit compliance

•Excellent Analytical skills Accounting knowledge

•People Skills/customer service Organization and priority setting skills

POSITION SPECIFICATIONS:

Education, Certifications, or Special Licenses:

•Four-year degree in Accounting or Finance preferred.

Relevant Years of Experience Required:

•3-5 years in Cash Management/Merchant E- Payment preferred.

Other Requirements:

•Independent self-starter with the ability to work independently and accurately.

•Excellent organization, prioritization, oral and written communication skills with the ability to coordinate multiple information sources from various company departments.

•Excellent interpersonal skills with strong customer service orientation.

•Strong PC Excel and Technology skills needed for automation and process improvements.

•Must demonstrate excellent analytical judgment and decision-making skills.

•Ability to work overtime or company holidays when necessary when banks are open, and company is closed.