Treasury Operations Associate

DFW Nonprofit Resource Group; Dallas (TX); On-site; USD 60,000 - 80,000; Full time

Job summary

Join a mission-driven organization as a Treasury Operations Associate, where you'll play a crucial role in managing banking operations and cash flow. This position offers a dynamic environment to enhance your skills in payment processing, banking relationships, and compliance. You'll collaborate with various teams to streamline treasury operations and contribute to the financial health of the organization. With a focus on professional growth and a supportive workplace culture, this opportunity is perfect for those looking to make a meaningful impact in the nonprofit sector while developing their expertise in treasury functions.

Benefits

Comprehensive Medical, Dental, and Vision Insurance

Generous Paid Time Off

Birthday Day Off

12 Paid Company Holidays

401(k) Match

FSA and HSA

Paid Life Insurance

Paid Disability Insurance

Pet Insurance

Professional Development Courses

Qualifications

• 1+ years experience in Accounting, Finance, or Treasury roles.
• Familiarity with internal controls and payment processing required.

Responsibilities

• Manage bank accounts and support daily payment operations.
• Monitor cash flow and ensure compliance with internal controls.

Skills

Attention to Detail

Process Improvement

Cash Management

Banking Operations

Payment Processing

Education

Bachelor's degree in Accounting/Finance

Tools

Treasury Management System (TMS)

MS Excel

Microsoft Suite (Word, Excel, PowerPoint)

Job description

The Treasury Operations Associate is a vital member of the Treasury team, supporting daily operations related to banking, payments, and the flow of funds. This role ensures the efficient management of bank accounts, the accurate processing of payments, and the seamless tracking of cash movements to support the company's financial operations.

The ideal candidate will have a foundational understanding of Treasury functions, strong attention to detail, and a proactive approach to improving processes. They will collaborate across teams, maintain compliance with internal controls, and contribute to enhancing the efficiency of Treasury operations. This role offers opportunities to gain valuable experience in cash management, banking operations, and payment processes within a dynamic and fast-paced environment.

Lendistry: Who We Are

We're proud to be the nation's largest minority-led, tech-savvy lender for small businesses and commercial real estate. As a certified Community Development Financial Institution (CDFI) and Community Development Entity (CDE), our mission is all about creating economic opportunities and fueling growth for small business owners and their communities. Join us as we pave the way with innovative financing and financial education!

What You'll Be Doing

• Bank Account Management: Assist in the administration of bank accounts, including account openings, closings, and maintenance of account signatories.
• Payment Processing: Support daily payment operations, including initiating and verifying wire transfers, ACH payments, and other fund transfers.
• Flow of Funds Tracking: Monitor and reconcile the flow of funds across accounts, ensuring accuracy and resolving discrepancies promptly.
• Banking Relationship Support: Serve as a liaison with banking partners, addressing routine inquiries and ensuring timely resolution of operational issues.
• Treasury System Support: Help maintain and operate the Treasury Management System (TMS), ensuring accurate data entry and system functionality.
• Daily Cash Operations: Prepare daily cash position reports and assist in managing liquidity needs to support business activities.
• Internal Reporting: Provide support for internal reporting processes, including periodic updates on payment activity, cash positions, and account balances.
• Compliance and Documentation: Ensure all activities comply with internal controls, policies, and regulatory requirements, maintaining proper documentation for audit purposes.
• Process Improvement: Identify opportunities to streamline and improve treasury operations, enhancing efficiency and reducing manual effort.
• Cross-Functional Coordination: Collaborate with internal teams, such as Accounting and Finance, to ensure smooth treasury operations and accurate reporting.

Your Areas of Knowledge and Expertise

• Bachelor's degree in Accounting/Finance
• Minimum 1+ years professional experience in Accounting/Finance/Treasury
• Experience with processing payments and tracking flow of funds across accounts from within a bank portal, a Treasury Management System, or both, is required
• Proficiency with MS Excel
• Familiarity with internal controls and experience formalizing and maturing processes
• Microsoft Suite (Word, Excel, PowerPoint)
• Familiarity with the Treasury and Accounting functions
• Some familiarity with bank account services & payment features; familiarity with bank fee analysis is a plus

Why You'll Love Working Here:

• Comprehensive Medical, Dental, and Vision Insurance
• Generous Paid Time Off
• Birthday Day Off
• 12 Paid Company Holidays
• 401(k) Match
• FSA and HSA
• Paid Life Insurance
• Paid Disability Insurance
• Pet Insurance
• Employee Assistance Program (EAP)
• Professional Development Courses
• In Office Provided Snacks and Drinks
• In Office Engagement Activities

COMPENSATION RANGE

The US base salary range for this full-time position is $32.00-41.00 an hour. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum base salary for new hires for the position across all US locations. Within the range, individual pay is determined by multiple factors like job-related skills, experience, and state of residence. Your recruiter can share more about the specific salary range during the interview process. Please note that the compensation details listed in US role postings reflect the base salary only, and do not include any variable compensation elements.

PHYSICAL REQUIREMENTS

This is a stationary position that requires frequent sitting (approximately 95%), repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus. It also may require occasional standing, lifting, carrying of 20lbs or less, walking, kneeling, bending/stooping, twisting, pulling/pushing, and reaching above the shoulder. Employees in this position must be physically able to efficiently perform the essential functions of the position.