Treasury & Accounts Payable Manager

Ultimate Care; New York (NY); Hybrid; USD 110,000 - 120,000; Full time

Benefits offered by this job

Health, Vision, Dental Benefits

401k with Employer Match

Life Insurance & Optional Benefits

Generous PTO

Job summary

YELM US Associates, LLC seeks a Treasury Manager to lead daily treasury operations for a multi-entity organization, overseeing cash management, banking activities, intercompany funding, debt administration, and AP oversight. This role requires strong internal controls and collaboration with accounting and senior management.

Based in Brooklyn, NY, the position features a salary of $110,000–$120,000 per year, a Monday–Friday schedule, and an option to work remotely on Fridays.

Qualifications

• Bachelor's degree in Accounting, Finance, or Business.
• 4+ years of treasury, finance, or cash management experience.
• Treasury or finance experience in home care.
• Experience in a multi-entity organization.
• Experience managing numerous bank accounts and intercompany cash movements.
• Continuous improvement mindset with a focus on automation and process efficiency.
• Experience supervising Accounts Payable staff preferred.
• Strong understanding of banking operations and electronic payment systems.
• Experience administering loans and debt schedules.
• Excellent analytical and organizational skills.

Responsibilities

• Manage all daily banking activities across multiple companies and bank accounts.
• Monitor daily cash balances and optimize cash positioning.
• Prepare and maintain short-term and long-term cash flow forecasts.
• Coordinate intercompany cash movements and funding requirements.
• Initiate and approve ACH, wire transfers, positive pay, and other electronic banking transactions.
• Maintain banking portals, user access, and payment controls.
• Ensure adequate liquidity to meet operational needs.
• Supervise a small Accounts Payable team.
• Ensure timely processing of vendor invoices and payments.
• Monitor payment approvals and cash disbursement schedules.
• Improve AP processes and internal controls.
• Maintain banking records and account documentation.
• Open, close, and maintain bank accounts as directed.
• Resolve banking issues and transaction exceptions.
• Monitor bank fees and recommend process improvements.
• Ensure compliance with internal treasury policies.
• Track loans, lines of credit, and financing arrangements.
• Monitor debt covenants, payment schedules, and maturities.
• Coordinate principal and interest payments.
• Maintain loan amortization schedules.
• Assist with lender reporting requirements.
• Manage corporate credit card programs.
• Monitor spending limits and cardholder compliance.
• Review and reconcile monthly credit card activity.
• Administer new card requests and cancellations.
• Prepare daily, weekly, and monthly cash reports.
• Develop cash flow forecasts and variance analyses.
• Produce treasury dashboards and management reports.
• Analyze cash trends and recommend process improvements.
• Support month-end and year-end closing activities.
• Assist with audit requests related to treasury activities.

Skills

Treasury Ops

Cash Forecasting

AP Oversight

Banking Operations

Debt Administration

Credit Card Mgmt

Reporting & Analysis

Education

Bachelor's degree in Accounting, Finance, or Business

Tools

Microsoft Dynamics

Sage

NetSuite

SAP

Oracle

Job description

Requirements

YELM US Associates is the administrative division supporting our licensed home care agencies, Ultimate Care and Swift Home Care. Our office team works behind the scenes to ensure patients receive exceptional care — giving families true peace of mind — while also providing the coordination, resources, and support our field staff need to succeed. As our organization continues to grow, we're proud to expand our team in The Bronx and welcome individuals who are passionate about making an impact. Join a team that truly lives by its core values every day!

The Treasury Manager is responsible for the daily treasury operations of a multi-entity organization with approximately 15 active companies and numerous banking relationships. This includes direct oversight of a small Accounts Payable department. In addition, the position will oversee cash management, banking activities, cash forecasting, debt administration, credit card programs all while ensuring strong internal controls and efficient cash utilization.

This is an operational treasury role focused on execution rather than bank relationship management. The position works closely with the Controller, accounting team, and senior management.

Salary: $110,000 - $120,000 per year

Location: 1000 Gates Avenue, Brooklyn, NY, 11221.

Schedule: Monday-Friday, 9:00 AM - 5:00 PM | In Office, with the option to work remotely on Fridays.

Essential Responsibilities

Treasury & Cash Management

• Manage all daily banking activities across multiple companies and bank accounts.
• Monitor daily cash balances and optimize cash positioning.
• Prepare and maintain short-term and long-term cash flow forecasts.
• Coordinate intercompany cash movements and funding requirements.
• Initiate and approve ACH, wire transfers, positive pay, and other electronic banking transactions.
• Maintain banking portals, user access, and payment controls.
• Ensure adequate liquidity to meet operational needs.

Accounts Payable Oversight

• Supervise a small Accounts Payable team.
• Ensure timely processing of vendor invoices and payments.
• Monitor payment approvals and cash disbursement schedules.
• Improve AP processes and internal controls.

Banking Operations

• Maintain banking records and account documentation.
• Open, close, and maintain bank accounts as directed.
• Resolve banking issues and transaction exceptions.
• Monitor bank fees and recommend process improvements.
• Ensure compliance with internal treasury policies.

Debt Administration

• Track loans, lines of credit, and financing arrangements.
• Monitor debt covenants, payment schedules, and maturities.
• Coordinate principal and interest payments.
• Maintain loan amortization schedules.
• Assist with lender reporting requirements.

Credit Card Administration

• Manage corporate credit card programs.
• Monitor spending limits and cardholder compliance.
• Review and reconcile monthly credit card activity.
• Administer new card requests and cancellations.

Reporting & Analysis

• Prepare daily, weekly, and monthly cash reports.
• Develop cash flow forecasts and variance analyses.
• Produce treasury dashboards and management reports.
• Analyze cash trends and recommend process improvements.
• Support month-end and year-end closing activities.
• Assist with audit requests related to treasury activities.

Qualifications

• Bachelor's degree in Accounting, Finance, or Business.
• 4+ years of treasury, finance, or cash management experience.
• Treasury or finance experience in home care.
• Experience in a multi-entity organization.
• Experience managing numerous bank accounts and intercompany cash movements.
• Continuous improvement mindset with a focus on automation and process efficiency
• Experience supervising Accounts Payable staff preferred.
• Strong understanding of banking operations and electronic payment systems.
• Experience administering loans and debt schedules.
• Excellent analytical and organizational skills.

Technical Skills

• Advanced Microsoft Excel (pivot tables, XLOOKUP, Power Query preferred, complex formulas).
• Experience with ERP systems (Microsoft Dynamics, Sage, NetSuite, SAP, Oracle, or similar). Sage preferred
• Proficiency with online banking platforms and treasury management systems.
• Strong financial reporting and forecasting capabilities.

Benefits

We offer the Ultimate employee perks!

• Comprehensive Health, Vision, Dental Benefits
• 401k Retirement plan + Employer Match
• Voluntary Life, Critical Illness, Group Hospital Indemnity, Accident Insurance
• Generous paid time off, sick time + more!

About Us

Our mission is to provide and restore client dignity and independence in their homes through individualized care plans that reduce caregiver role strain and stress on family members while helping clients avoid nursing homes and assisted living facilities. YELM US Associates, LLC is a licensed home care provider offering comprehensive home care services. We lead with our hearts to deliver top-quality, compassionate, and empathetic care.

Why Choose Us?

At YELM US Associates, LLC, we are dedicated to fostering a people-centric culture that is essential for success in today's home care landscape. Our commitment begins with inspiring and empowering our employees to reach their full potential. We actively cultivate a dynamic learning environment that allows team members to explore and develop their passions and talents. Our goal is to support holistic growth—both personally and professionally—whether within the office or beyond. Join us on a journey of empowerment, growth, and achievement.

At YELM US Associates, LLC and our affiliates, we are committed to creating a diverse, inclusive, and authentic workplace. If you're enthusiastic about this role but don't meet every qualification listed, we still encourage you to apply—you may be the ideal candidate for this or another opportunity within our organization.

YELM US Associates, LLC is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, disability, protected veteran status, or any other characteristic protected by federal, state, or local law.

YELM US Associates, LLC does not accept resumes from unsolicited search firms or recruiters.