Treasury Analyst Lead

SWBC; United States; On-site; USD 85,000 - 125,000; Full time

Benefits offered by this job

Competitive pay

Work/Life balance

Growth opportunities

Leadership development

Education opportunities

Healthcare options

401(k) retirement plans

Wellness program

Years of Service awards

Job summary

SWBC is seeking a detail‑oriented treasury/account management professional to handle account reconciliations, data integrity, and process improvements across cash and banking operations. You will collaborate with Treasury leadership, banking partners, and cross‑functional teams to resolve complex issues, automate workflows, and ensure timely, accurate reconciliations and reporting.

The role includes month‑end duties, internal control adherence, and support for investment schedules and unclaimed

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.

Responsibilities

• 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.

Skills

Analytical skills

Problem solving

Interpersonal skills

Organizational skills

Attention to detail

Independent work

Ability to multitask

Ability to travel locally

Education

Associate degree in Accounting/Finance/Banking

Bachelor's degree preferred

Tools

MS Word

Excel

Internet

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. Join Our Team Great People. Great Company. Great Place to Work. SWBC is a diversified financial services company providing insurance, mortgage, and investment services to financial institutions, businesses, and individuals. Headquartered in San Antonio, Texas, SWBC employs 2,400 people nationwide. At SWBC, you are not just an employee number, but a vital team member; each employee stands out and has the ability to make a direct impact at SWBC. We’re looking for the brightest and most creative to help introduce new solutions to new problems identified in the market and improve how our existing solutions can better help our users. SWBC is a big proponent of nurturing the entrepreneurial spirit through mentorship, continuing education, internal career growth opportunities and having a platform to make meaningful changes come to life.