Treasury Analyst Lead

SWBC; San Antonio (TX); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation package

Work/Life balance

401(k) and retirement plans

Career development opportunities

Job summary

SWBC is seeking a Treasury/Accounts Reconciliation professional to manage reconciliation of corporate bank and GL accounts, research items, and implement process improvements. This role reports to Treasury leadership and coordinates with banking partners to ensure accurate cash reporting.

You will automate reconciliation processes, assist with unclaimed property and escheatment tasks, and support month-end close with detailed reporting and forecasting.

Qualifications

• Associate degree or higher in accounting/finance or related field.
• 5+ years of banking/treasury/account reconciliation experience.
• Strong problem solving and independent work capability.
• Solid understanding of general ledger accounting and journal entries.

Responsibilities

• Reconcile SWBC corporate bank and general ledger accounts using automated tools or Excel.
• Research outstanding items and prepare adjusting journal entries or bank transfers.
• Coordinate with banks to resolve issues (access, positive pay, reconciliation).
• Provide weekly cash position status and variance analysis to leaders.

Skills

Analytical thinking

Problem solving

Interpersonal skills

Detail oriented

Multitasking

Travel locally

Remote work readiness

Education

Associate degree in Accounting/Finance

Bachelor's degree preferred

Tools

Excel

Workday

Banking systems

MS Word

Bank reconciliation software

Job description

SWBC is seeking a talented individual that will be responsible for account management and reconciliation, consulting with leaders, ensuring accurate data, identifying and implementing process improvement opportunities, and reporting status updates. Performs monthly reconciliation of corporate bank and general ledger accounts, related research and adjustments, provides a creative and analytic approach thinking for streamlining processes; and contributes with other Treasury functions.

Why You'll Love This Role

In this role, you’ll have the opportunity to apply your treasury and analytical expertise across a broad range of activities while making a meaningful impact on the accuracy and efficiency of our financial operations. You’ll work closely with Treasury leadership, banking partners, and teams across the organization to resolve complex issues, improve and automate processes, support cash management activities, and ensure critical reconciliations and reporting are completed accurately and timely.

Essential Duties Include The Following

• Reconciles numerous SWBC corporate bank and general ledger accounts utilizing either an automated reconciliation program or excel. Imports bank account activity from various banks and general ledger activity from multiple systems for reconciliation purposes.
• Research outstanding items on bank reconciliations and makes adjusting journal entries or requests a bank transfer.
• Coordinates with banks to resolve any issues that arise ( ie user access, positive pay files, reconciliation issues)
• Sends weekly report on status of cash position to company leaders and provides variance analysis.
• Contributes in automating all reconciliation processes and implements consistency with bank reconciliation process.
• Tracks outstanding checks, communicates status to preparing departments, coordinates clearing checks from the outstanding list, and as necessary, transfers them to the escheatment reports.
• Processes voided and stopped checks.
• Works with banks to obtain all bank statements via bank portal or email.
• Aids in the preparation of the journal entry and monthly reconciliation for several investment brokerage accounts; and supports Financial Analysts with detailed investment schedules documenting purchases, sales, and realized/unrealized gains as support for the investment roll forward.
• Performs all tasks related to Unclaimed Property, researches all money that is due SWBC entities, files state reports, and receives and applies all incoming recouped funds.
• Performs all tasks related to Escheatment process, researches and is fully knowledgeable in all states and files the appropriate paperwork and funds within the timeline permitted.
• Attends training sessions and works closely with Treasury management and V.P. of Treasury to learn and backup other Treasury functions as needed.
• Conducts regular testing and troubleshooting of key department software such as Workday.
• Supports cash balance forecasting a month out & communicates to departments where necessary.
• Identifies, communicates, and processes intercompany monthly.
• Supports team in month end duties and ensures tasks are completed timely.
• Review and analyzes bank fees for cost savings.
• Provides methods to improve processes, including streamlining and automating tasks to reduce manual intervention and decrease potential for manual errors.
• Communicates loan payments, facilitates overnight trading, approves settlements, facilitates recon of daily bank activity, along with other day to days tasks as needed
• Works collaboratively with other departments to ensure processes are working and improve where necessary (ie cash posting/reconciliation, automation, ap requests, reporting, etc).
• Performs all other duties as assigned.

Serious Candidates Will Possess The Minimum Qualifications

• Minimum of an Associate’s degree in Accounting, Finance, Banking or related field of study from an accredited four-year college or university. Bachelor’s degree preferred.
• Minimum of five (5) years of experience in banking, treasury, ACH, general ledger, account reconciliation, or related.
• Excellent problem solving skills and ability to work an issue independently from start to finish.
• Good understanding of general ledger accounting and ability to research historical transactions.
• Working knowledge of general accounting principles, ACH regulations, and journal entry.
• Working knowledge of personal computers to include MS Word, Excel, and the Internet.
• Excellent interpersonal and organizational skills.
• Strong analytical skills, attention to details, and be able to multitask.
• Able to understand existing controls, ensure processes are followed as designed, and immediately escalation any exceptions that are not in line with the established process.
• Self-motivated and able to work independently whether working in the office or remotely.
• Able to travel locally.
• Able to sit for long periods of time gathering, updating, and validating accounting transactions.

SWBC offers*:

• Competitive overall compensation package
• Work/Life balance
• Employee engagement activities and recognition awards
• Years of Service awards
• Career enhancement and growth opportunities
• Leadership Academy and Mentor Program
• Continuing education and career certifications
• Variety of healthcare coverage options
• Traditional and Roth 401(k) retirement plans
• Lucrative Wellness Program
• Based upon employee eligibility

Additional Information

SWBC is a Substance-Free Workplace and requires pre-employment drug testing. Please note, SWBC does not hire tobacco users as allowed by law. To learn more about SWBC, visit our website at www.SWBC.com.