Treasury Specialist

Treasury Specialist

Location: Hybrid, Alpena, Michigan

Join Our Growing Treasury Team

Northwood Solutions, Inc. is restructuring our Treasury Management team to better support client growth, enhance internal controls, improve succession planning, and provide specialized expertise to our client companies who require increasingly complex banking and cash management activities,

We are seeking an experienced treasury, cash management, or finance professional to join our Treasury Management team. This role is ideal for someone with treasury management experience who enjoys combining hands-on cash and payment operations with analysis, reporting, controls, and process improvement.

What You'll Do

Cash Management & Treasury Operations

• Prepare daily and weekly cash position reports.
• Monitor liquidity across multiple entities and bank accounts.
• Support cash forecasting and funding activities.
• Analyze account balances and funding requirements.
• Calculate interest and maintain supporting schedules.
• Support clients as they transition to various banking structures.

ACH & Wire Administration

• Process ACH transactions.
• Initiate and manage domestic and international wire transfers.
• Verify supporting documentation and approvals.
• Maintain ACH and wire transaction logs.
• Monitor settlement activity and confirmations.
• Investigate returns, rejects, and payment exceptions.
• Coordinate with banking partners regarding payment issues.
• Support fraud prevention and payment control procedures.

Treasury Reporting & Analysis

• Perform ACH and banking
• Analyze treasury activity and identify variances.
• Prepare weekly cash reporting packages.
• Support executive treasury reporting.
• Develop dashboards and key performance indicators.

Treasury Management Team Support

• Continually cross-train with the Treasury team to share and maintain knowledge.
• Collaborate with the Treasury team to ensure continuity of daily operations.

Process Improvement

• Identify opportunities to automate treasury processes.
• Develop advanced Excel reporting tools.
• Build dashboards, models, and reporting
• Improve treasury workflows and controls.
• Create and maintain treasury documentation and SOPs.

Controls & Compliance

• Support treasury policy compliance.
• Assist with internal and external audits.
• Maintain treasury control documentation.
• Monitor segregation of duties and payment controls.
• Assist with banking governance initiatives.

Benefits

Full-time employees are eligible for:

• Competitive pay based on competency
• 100% employer-paid health insurance and HSA for employees
• Flexible paid time off and holidays
• 401(k) with employer matching
• Discretionary bonuses

Join Our Team

We are excited to welcome new talent to our team! If you are passionate about what you do and are looking for a dynamic and supportive work environment, we encourage you to apply. Join us and be a part of a company that values innovation, collaboration, and professional growth. We look forward to seeing how we can succeed together.

Experience

• Treasury Reporting & Analysis
• ACH& Wire Administration
• Cash Management

Education

• Bachelors or better in Accounting or related field

Behaviors

• Functional Expert: Considered a thought leader on a subject
• Leader: Inspires teammates to follow them
• Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well

Motivations

• Self-Starter: Inspired to perform without outside help
• Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization
• Entrepreneurial Spirit: Inspired to perform well by an ability to drive new ventures within the business

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.