Treasury Analyst - Agency Admin

Socket.dev; Bethpage (NY); On-site; USD 75,000 - 110,000; Full time

Job summary

Family Residences and Essential Enterprises, Inc. (FREE) is seeking a Treasury Analyst to support daily treasury operations, cash reporting, and bank-structure management. You will help forecast cash needs and assist with risk-related activities, reporting to the Chief Finance & Data Officer.

The role emphasizes managing corporate banking tasks, reconciling lines of credit, monitoring cash flow, and producing regular cash-position reports, with emphasis on accuracy and internal controls.

Qualifications

• Bachelor's degree in finance, accounting, business or related field required.
• A minimum of two (2) years of experience in treasury, cash management, corporate banking, or related finance/accounting function.
• Knowledge of the banking industry and bank products; strong Excel skills.

Responsibilities

• Manages day-to-day corporate banking administrative tasks including account openings and closures.
• Acts as internal liaison to resolve banking issues, investigates discrepancies, and manages bank fee analysis.
• Maintains and reconciles records for Line of Credit accounts and prepares adjusting entries.
• Oversees daily cash position to ensure payment commitments are met; coordinates short-term borrowing and investments.
• Prepares daily, weekly, and monthly cash position reports; recommends improvements to controls and processes.

Skills

Excel

Financial analysis

Cash management

Education

Bachelor's degree in finance or related field

Tools

Banking software

Job description

Enjoy making a difference? Join the team at FREE, enriching the lives of others, one individual at a time.

Family Residences and Essential Enterprises, Inc. (FREE) benefits and proudly supports more than 4,000 individuals with intellectual /developmental disabilities, mental illness and traumatic brain injury. It is the mission of FREE to support people of all abilities reach their full potential and thrive in their communities. FREE provides a diverse array of supports and services including: housing; recovery services; transition to work; employment; day, community and family services; respite; crisis services; education and after school support; specialty health services; and advocacy.

POSITION SUMMARY

Reporting to the Chief Finance & Data Officer, the Treasury Analyst facilitates daily treasury operations, provides accurate cash reporting, and assists with bank structure management and some risk management activities. The Treasury Analyst produces reports to aid in the forecasting of cash needs for the business and assists with other treasury functions.

DUTIES, RESPONSIBILITIES, AND ESSENTIAL FUNCTIONS

• Manages day-to-day corporate banking administrative tasks, including account openings, closures, and the documentation of authorized signers.
• Acts as the internal liaison to resolve operational banking issues, investigates transactional discrepancies, and manage bank fee analysis.
• Maintains and reconciles records for all Line of Credit accounts; prepares adjusting entries as needed.
• Oversees the company’s daily cash position to guarantee all payment commitments are met.
• Coordinates short-term borrowing, deploys excess cash into short-term investments, and drives daily treasury operations.
• Prepares daily, weekly, and monthly reports on the organization’s cash position.
• Recommends and implements solutions to strengthen operational controls and incorporates best practices.
• Approves all Transfers, ACH and Wire payments in the banking software, based on approved requests and following all policies and procedures for such transactions.

• Ensures that all required documentation (paper and electronic) is completed/processed appropriately, in a timely manner, and meets quality and compliance thresholds.
• Performs other duties as assigned.

Responsibilities of All FREE Employees

• Always communicates in a respectful manner with all people including the people we support, supervisors, other valued team members, and members of the community.

• Complies fully with FREE’s confidentiality policies by holding in strictest confidence all information pertaining to members, residents, the people we support and their families, clients, providers, contractors, and employees.
• Meets all safety training requirements; adheres to all safety policies and reports any and all unsafe conditions; takes measures to prevent accidents and/or eliminate conditions that pose a safety or health risk.
• Coordinates, supports, attends and participates in all required events/ meetings/ reviews/ committees, including ones outside of standard working hours.
• Meets all job requirements and stays in compliance.
• Adheres to FREE’s standard of ethical behavior as outlined in the Employee Handbook and Code of Conduct as well as applicable laws and regulations.

Please note the above duties, responsibilities, and essential functions are a non-exhaustive list, and may be changed by FREE at any time, with or without notice to the employee.

QUALIFICATIONS

• Education:

• Bachelor’s degree in finance, accounting, business administration, economics, or another related field required.

• Experience:
  • A minimum of two (2) years of experience in treasury, cash management, corporate banking, or a related finance/accounting function, including cash management, bank reconciliations, payment processing, and banking operations.
• Specialized Training, Licenses, Certifications:
  • Not required, training will be provided upon hire as needed
• Knowledge, Skills, Competencies, and Abilities:

• Knowledge of the banking industry and technical knowledge of bank products

• Computer proficiency and intermediate Excel skills required
• Strong analytical and technical accounting skills
• Ability to prioritize and complete tasks timely
• Demonstrated ability to work in a team environment with flexibility, keeping others informed and anticipating needs is essential
• Must be efficient, well organized, detail-oriented, and have excellent communication skills

Other Requirements:

• Ability to work in a fast-paced environment

WORK ENVIRONMENT

This role is performed in-person, in a standard office environment.

PHYSICAL REQUIREMENTS

• Employee is required to sit, walk and stand for prolonged period of time (at least 8 hours).
• Employee is required to effectively communicate both verbally and in writing.
• Employee is required to operate standard office equipment such as computers, phones, photocopiers, fax and filing cabinets.
• Employee might be required to lift, bend, or move light items

Notwithstanding the above listed physical requirements of this position, FREE will provide reasonable accommodations to allow employees to perform the essential functions of the position, provided such reasonable accommodations do not cause undue hardship on FREE.

FREE is an equal opportunity employer and provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, gender, gender identity, sexual orientation, national origin, age, disability, genetics, or any other protected characteristic. In addition to federal law requirements, FREE complies with applicable state and local laws governing non-discrimination in employment in all of its locations. This policy applies to all terms and conditions of employment, including, but not limited to, recruiting, hiring, placement, promotion, termination, recall, transfer, leaves of absence, compensation, and training.

Family Residences and Essential Enterprises’ affirmative action efforts related to protected veterans and individuals with disabilities are set out and described in our affirmative action plan for protected veterans and individuals with a disability. If you have any questions or would like to view the affirmative action plan, please visit our website www.familyres.org