Treasury Accountant

w3r Consulting; Chicago (IL); Hybrid; USD 50,000 - 65,000; Full time

Job summary

A leading company in IT Services and Consulting is seeking an Entry-Level Treasury Accountant for a 6-month contract in Chicago. This hybrid role involves managing cash flow, preparing financial statements, and conducting reconciliations. Ideal candidates will have a Bachelor's Degree and 1-5 years of relevant experience. Join a dynamic team and contribute to essential financial operations while gaining valuable experience in the finance sector.

Qualifications

• 1-5 years of experience in Treasury/Cash Management.
• Apply GAAP principles to prepare financial statements.

Responsibilities

• Assist in preparing journal entries and perform reconciliations.
• Conduct account analysis and audit bank accounts for accuracy.
• Support daily and month-end Cash Management activities.

Skills

GAAP

Accounting

Cash Management

Reconciliation

Education

Bachelor's Degree

Job description

2 days ago Be among the first 25 applicants

Location: Chicago, IL 60601 (Hybrid 1 day/week)

Duration: 6 months of contract

Job Description:

Responsibilities include Treasury/Cash Management activities. Assist in preparing journal entries, perform reconciliations, and conduct account analysis. Audit various bank accounts and GL accounts to verify accuracy. Bachelor's Degree with 1-5 years of experience. Generally reports to the Director, Treasury.

Treasury Specific:

Support daily and month-end Cash Management, Investment, and Accounting activities.

• Access bank reports from various banking and investment institutions for cash projections and reporting.
• Assist with daily cash position determination for business units, managing excess or shortage of funds.
• Analyze daily bank transaction reports to monitor money movements.
• Review Positive Pay check clearing exceptions and ACH return items to prevent fraud and ensure accuracy.
• Assist with approving and initiating daily fund disbursements via ACH or FED Wire, maintaining bank routing info, and calculating funding for investment redemptions.
• Prepare month-end accounting entries for Treasury and Investment activities, and generate reports for accuracy and controls.
• Gather and deliver electronic reports and banking statements for month-end reconciliations and tax purposes.
• Perform weekly banking reconciliations to verify money movement accuracy, collaborating with Financial Reporting staff.
• Update cash projection reports and review daily cash and investment action strategies, including accessing Letter of Credit facilities.

Qualifications:

• Apply GAAP principles to prepare financial statements and reports.
• Assist with journal entries, reconciliations, and account analysis.
• Audit records for accuracy.
• Bachelor's Degree with 1-5 years of experience.
• Report to the Director of Treasury Operations.

Seniority level

• Entry level

Employment type

• Contract

Job function

• Accounting/Auditing and Finance

Industries

• IT Services and IT Consulting

Referrals can double your chances of interviewing at w3r Consulting by increasing your visibility.

Set job alerts for “Treasury Accountant” roles.