Senior Consultant, Treasury - IA&R Real Estate Solutions

Consulting, Inc.; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

FTI Consulting is seeking a Senior Consultant, Treasury to lead treasury, accounts payable, and cash-management activities for real estate clients. You will oversee payments, wire transfers, bank reconciliations, and vendor communications within a collaborative team.

In this hands-on role, you will manage a team in the US or offshore, drive process improvements, and ensure accurate, timely financial reporting while meeting tight deadlines and client needs.

Qualifications

• Hands-on treasury and cash-management experience.
• Experience managing AP processes and vendor payments.
• Familiarity with ERP systems used in real estate.
• Strong collaboration with clients and teams.

Responsibilities

• Lead treasury activities including payments and cash positioning.
• Oversee AP processing and vendor inquiries.
• Manage bank relationships and reconciliations.
• Drive process improvements and controls.

Skills

Treasury management

Accounts payable

Cash forecasting

Vendor management

Tools

Yardi

MRI

ERP systems

Job description

Who We Are

FTI Consulting is the leading global expert firm for organizations facing crisis and transformation. We work with many of the world's top multinational corporations, law firms, banks and private equity firms on their most important issues to deliver impact that makes a difference. From resolving disputes, navigating crises, managing risk and optimizing performance, our teams respond rapidly to dynamic and complex situations.

At FTI Consulting, you'll work side-by-side with leaders who have shaped history, helping solve the biggest challenges making headlines today.

From day one, you'll be an integral part of a focused team where you can make a real impact. You'll be surrounded by an open, collaborative culture that embraces diversity, recognition, professional development and, most importantly, you.

Are you ready to make your impact?

About The Role

We focus on our clients' strategic, operational, financial, and capital needs by addressing the full spectrum of financial and transactional challenges faced by corporations, boards, private equity sponsors, creditor constituencies and other stakeholders.

FTI's Investment Administration and Reporting subpractice in Real Estate Solutions offering has a primary focus on the real estate and finance industry and the capital markets that serve it. Our services are designed to create integrated financial and tax solutions for clients. We provide an unsurpassed range of real estate advisory services including merger and acquisitions, due diligence, valuation, lease consulting, forensic accounting, financial outsourcing, IPO preparation, real estate and REIT tax structuring and compliance, executive compensation, master planning and development services, cost segregation and private client services. We represent leading public and private real estate entities including equity and mortgage REITs, financial institutions, investment banks, opportunity funds, insurance companies, hedge funds, pension advisors and owners/developers.

What You'll Do

FTI Investment Administration & Reporting (IA&R) provides outsourced accounting, Treasury, and financial reporting services to public and private real estate companies, including investment managers, equity and mortgage REITs, mortgage finance companies, developers, and institutional investors.

The Senior Consultant, Treasury will be a hands-on subject matter expert and team lead within the IA&R Treasury function, responsible for the accurate, timely, and well-controlled execution of both Treasury and Accounts Payable (AP) activities, including client payments, invoice processing, cash management, and bank administration. The role works directly with clients, vendors, and Fund Administration and Property Accounting personnel, manages and develops a team in the US and/or offshore, and drives technology-enabled process improvements that create efficiencies and standardize operations. Success requires strong organizational management, the ability to multi-task across multiple clients and payment cutoffs, and consistent delivery against tight deadlines. The ideal candidate is an assertive self-starter, collaborative, detail-oriented, and a proactive problem solver.

Payments Processing

• Prepare, review, and release domestic and international wires (including SWIFT instructions and confirmations), ACH, and check payments with appropriate verification and approvals
• Execute and enforce vendor banking change verification protocols, including callback confirmation procedures, to safeguard against fraud and payment diversion
• Maintain wire templates and approval workflows, and act as a reviewer or escalation point for wire exceptions, recalls, and suspected fraud
• Process interest payments under credit facilities, partner capital calls and distributions, and investment funding as required
• Track and resolve returned, rejected, stale-dated, and voided payments in a timely manner

Accounts Payable

• Oversee invoice intake, coding, approval routing, and posting in Yardi, MRI, or other ERP to ensure timely payment of vendor invoices and expense reimbursements
• Serve as the internal and external AP liaison; respond to vendor and client inquiries and research and resolve invoice discrepancies
• Monitor aged payables and duplicate payment controls, produce AP reporting, and partner with Property Accounting and Fund Administration to ensure payables and cash activity are accurately reflected in the books and records
• Support and review the annual 1099 cycle, including W-9/TIN collection and validation, tracking of reportable payments, preparation and review of 1099 filings, IRS and state filing, and vendor corrections and IRS notices

Cash Management

• Support daily cash positioning, cash forecasting, and the funding of operating and disbursement accounts to ensure adequate liquidity and timely payment processing
• Facilitate inter-account transfers to ensure efficient cash management and liquidity across accounts.
• Review bank reconciliation ac