Treasury Associate

Allegis Group; Hanover (MD); On-site; USD 50,000 - 75,000; Full time

Benefits offered by this job

Medical, dental & vision

401(k) Retirement Plan

Life Insurance

Short and long-term disability

HSA & DCFSA

Transportation benefits

Employee Assistance Program

Tuition Assistance

Time Off/Leave

Job summary

Allegis Group is seeking a Treasury support professional in Maryland to assist cash management for domestic and global activities. This role requires in-office presence at least four days per week and involves managing bank accounts, setting up payments, and supporting financial reporting.

The candidate should have a finance-related degree and strong communication, analytical, and Excel skills to handle multiple priorities in a fast-paced environment.

Qualifications

• Bachelor's in finance, accounting or economics preferred.
• Excellent communication, analytical and interpersonal skills.
• Strong computer skills with MS Word, Excel and PowerPoint.
• Ability to manage multiple priorities and work independently.

Responsibilities

• Support cash management processes and update cash forecasts.
• Provide accurate cash positions for bank accounts.
• Set up treasury payments in online banking systems and ERP.
• Book and confirm spot foreign exchange trades.
• Organize and maintain banking documentation.
• Educate users on fraud prevention and process compliance.

Skills

Excellent communication

Analytical skills

Interpersonal skills

Detail-oriented

Independent work

Prioritization

Education

Bachelor's degree in finance, accounting or economics

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Job Summary

Support all levels of the Treasury Department by executing critical processes to ensure effective cash management support for Allegis' domestic and global businesses.

In-Office Requirement

• Required in-office presence at least 4 days per week

Responsibilities

Essential Functions:

• Support cash management processes by:
  • Displaying an understanding of bank transactions to properly update cash forecasts and cash positions
  • Provide accurate and timely cash positions for stand-alone bank accounts
  • Ensure proper funding to support cash flow needs through basic understanding of bank and intercompany debt
  • Identify and remediate bank reporting issues
• Organize and maintain corporate and banking documentation and records.
• Independently perform bank account management through processing account opening and closing documentation, updating signature cards as needed, and assisting in implementing treasury services.
• Demonstrate foreign exchange knowledge. Book and confirm spot trades.
• Understand payment types and settlement. Properly set up treasury payments in online banking systems and ERP.
• Demonstrate knowledge of Treasury transactions by providing timely and accurate support to Financial Reporting.
• Analyze bank fees for accuracy and recommend cost savings.
• Responsible for the setup, training, and audit of all online bank users.
• Maintain treasury procedure guides and recommend improvements to existing processes.
• Maintain and reconcile treasury schedules, such as debt, foreign exchange and investments.
• Manage customer service questions and issues by demonstrating an understanding of our bank product or services, determining the proper course of remediation, and liaising with business and banking partners as needed. Identify and elevate high-risk banking issues.
• Educate customers, including all online bank users on fraud prevention best practices and required business processes for daily responsibilities including, but not limited to, creating and approving payments.
• Provide various support to treasury projects as requested.

Qualifications

Minimum Education and/or Experience:

Bachelor's in finance, Accounting or Economics preferred

Skills/Abilities

• Excellent communication (written and verbal), analytical and interpersonal skills
• Strong computer skills, including proficiency in Microsoft Word, Excel and PowerPoint
• Strong attention to detail
• Ability to successfully manage multiple competing priorities simultaneously
• Must be a self-starter who is able to work independently and interface with all relevant internal teams and external business partners as needed
• Ability to learn quickly in a dynamic environment and to initiate and champion change

Core Competencies

• Build relationships
• Develop people
• Lead change
• Inspire Others
• Think critically
• Communicate clearly
• Create Accountability

Benefits Overview

Benefits are subject to change and may be subject to specific elections, plan, or program terms. This role is eligible for the following:

• Medical, dental & vision
• Hospital plans
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Company paid Basic Life and AD&D as well as voluntary Life & AD&D for the employee and dependents)
• Company paid Short and long-term disability
• Health & Dependent Care Spending Accounts (HSA & DCFSA)
• Transportation benefits
• Employee Assistance Program
• Tuition Assistance
• Time Off/Leave (PTO, Allegis Group Paid Family Leave, Parental Leave)

Salary Range

$49,800 - $74,800

The position is bonus eligible

Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email Lauren Lara at [e-mail] or call 410-579-3526 for other accommodation options.