Treasury Operations Analyst

Equity Residential; Chicago (IL); Hybrid; USD 61,000 - 85,000; Full time

Job summary

Join a forward-thinking company as a Treasury Operations Analyst, where your expertise in cash management and financial reporting will be vital in ensuring seamless treasury operations. This role is perfect for detail-oriented individuals who thrive in collaborative environments, as you will partner with various stakeholders to optimize processes and enhance efficiency. With a competitive salary and a commitment to employee wellbeing, this innovative firm offers a unique opportunity to contribute to a thriving community while advancing your career in finance. Embrace a culture of diversity and sustainability while making a significant impact in the financial operations of a leading multi-family real estate investment trust.

Benefits

Medical, dental, and vision care

401(k) Retirement Savings Plan

Rent Discounts

Paid Community Service Hours

Paid Holidays

Annual Vacation Time

Paid Sick Leave

New Parent Benefits

Comprehensive Wellness Program

Pet Insurance

Qualifications

• 2-3 years of experience in accounting, treasury, or financial operations.
• Strong understanding of general ledger reconciliation and ERP systems.

Responsibilities

• Reconcile daily cash activity against cash flows in the treasury workstation.
• Compile and organize supporting documentation into daily cash packages.

Skills

Accounting

Financial Reporting

Cash Management

Analytical Skills

Problem-Solving

Communication

Detail-Oriented

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Tools

FIS Quantum

ERP Systems

Excel

Job description

At Equity Residential, we're dedicated to creating thriving communities, and we invite you to be part of our team. Embracing values like Diversity, Sustainability, and Total Wellbeing, we foster a workplace culture of authenticity and collaboration.

How We Deliver a Winning Performance:

• Question Authority
• Walk the Talk
• Share Knowledge
• Listen, not just Hear
• See the Glass Half Full
• Take Educated Risks
• Enjoy the Ride
• Share the Spotlight
• Do the Right Thing
• Test Your Limits

We Care About Your Total Wellbeing:

• Physical Wellbeing: Medical, dental, and vision care
• Social Wellbeing: 9 paid holidays, annual vacation time, paid sick leave, new parent benefits
• Financial Wellbeing: 401(k) Retirement Savings Plan, Rent Discounts, Competitive Compensation
• Community Wellbeing: Paid Community Service Hours
• Learn more about our Total Wellbeing programhere.

What You’ll Be Doing:

The Treasury Operations Analyst plays a critical role in ensuring accurate cash management and financial reporting. This role is responsible for reconciling cash flows, maintaining documentation for audits, and collaborating with accounting to ensure seamless treasury operations.

• Cash Reconciliation: Reconcile daily cash activity against cash flows in the treasury workstation (FIS Quantum), ensuring accurate accounting classifications. Investigate and resolve discrepancies between system records and bank statements. Perform daily reconciliations of cash receipts to maintain alignment between bank accounts and the general ledger.
• Documentation and Reporting: Compile and organize supporting documentation into daily cash packages for accounting and audit purposes. Generate weekly property funding reports and ensure payments match ledger activity. Maintain detailed records to support audit and compliance requirements.
• ERP and Month-End Processes: Finalize cash activity and upload data to the ERP system on a weekly and monthly basis. Support monthly and year-end closing by ensuring all cash receipts are accurately recorded.
• Process Optimization: Leverage tools in FIS Quantum to automate transaction matching and improve reconciliation processes. Identify and implement opportunities to enhance efficiency in cash applications. Document all processes to ensure consistency and clarity.
• Cross-Functional Collaboration: Partner with accounting, tax, and other stakeholders to gather accurate coding and communicate payment statuses. Manage the ACH Debit process, ensuring all debits are pre-approved and properly coded.
• Banking Coordination: Download and review monthly bank statements to verify alignment with recorded transactions. Support property funding transactions and respond to banking-related inquiries.
• Other Responsibilities: Reconcile monthly purchase credit card transactions and rent revenue accounts. Continuously improve processes to utilize treasury tools effectively, including automating transaction rules in FIS Quantum.

What You’ll Need to Thrive:

• Bachelor’s degree in Accounting, Finance, or related field.
• 2-3 years of experience in accounting, treasury, or financial operations.
• Strong understanding of general ledger reconciliation and ERP systems.
• Experience with FIS Quantum or similar treasury workstations is a plus.
• Excellent analytical, organizational, and problem-solving skills.
• Detail-oriented with strong follow-up capabilities.
• Effective communication skills for cross-functional collaboration.
• Experience with treasury management software and bank platforms.
• Proficient in Excel and familiar with ERP systems.

WORKING ENVIRONMENT: Office environment. Hybrid working environment: In-office (at 2 N. Riverside Plaza, Chicago, IL) and remote, in alignment with the company’s hybrid attendance policy.

$61,286 - $84,268 / year;in addition to base salary, a discretionary annual bonus is provided.

The successful candidate's starting pay will be determined based on job-related skills, experience, and qualifications

About Us

Working for Equity Residential (EQR), a leading multi-family real estate investment trust (REIT), means living our purpose: creating communities where people thrive. It means striving to provide the best in apartment living, speaking boldly about new ideas for innovation, and inspiring creativity in the ways we work together.

Our portfolio of high-quality properties in urban growth markets – New York City, Boston, Washington DC, Seattle, San Francisco, Southern California, and Denver – provides homes where people most want to live, work and play. We've got the best people in the business, as evidenced by our employee engagement scores and customer loyalty ratings. That’s why our employees say they are proud to work at Equity, a company that gives our residents a place where they can Live Remarkably, and offers a culture where our employees have the opportunity to thrive.

Equity Rewards

When you join Equity Residential, you won’t be treated as simply another employee — you will be considered a partner in our shared success. As such, we are committed to investing in your personal success through a benefits program that supports your Total Wellbeing.

We recognize that everyone has different needs outside of work. That’s why, in addition to a competitive benefits package (medical, dental, vision and paid time off), we offer many unique benefits options to employees, like a comprehensive wellness program, pet insurance, new parent benefits, and paid time off for community service projects. In addition to your next job, you can also find your next home with us! Rent discounts on Equity Residential apartment homes are available to our benefits-eligible employees. The amount of the discount offered is determined based on the market, ranging upwards from 20%. Learn more about our Total Wellbeing program here.

Equity Values

At Equity Residential, like our residents, our employees come from everywhere. A richly diverse work environment captures top talent, cultivates the best ideas, and creates the widest possible platform for success. By focusing on inclusion, these differences are harnessed to create value — in ideas, business practices, relationships, and employee engagement. As an Equal Opportunity Employer, we are committed to maintaining a diverse, inclusive and equitable work environment where our employees can thrive.

All aspects of the employment process are merit-based. Every Equity employee is expected to maintain a work environment that is free from discrimination and harassment. Equity Residential does not discriminate against any employee or job applicant because of race, religion, color, creed, sex, sexual orientation, gender, sexual/gender identity/expression, age, pregnancy (including childbirth, lactation or related medical conditions), physical or mental disability, national origin, citizenship status, military (including uniformed service member or protected veteran) status, marital status, genetic characteristic or information, ancestry or any other characteristic protected by law. Equity Residential also prohibits retaliation against individuals who report harassment or discrimination, or participate in investigations into such conduct.

Job Info

• Job Identification 2006026
• Job Category Finance
• Posting Date 02/18/2025, 02:42 PM
• Locations 2 N Riverside Plaza, Chicago, IL, 60606, US

2 N Riverside Plaza, Chicago, IL, 60606, US