Treasury Accountant Analyst
Treasury Accountant Analyst
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Job Description
Treasury Accountant Analyst
Department: Finance & Accounting
Main Duties: Cash Forecasting Bank Reconciliation & ACH/NACHA Processing Focus
Location: Houston TX Hybrid (In-office Tuesday Wednesday Thursday)
Employment Type: Full-Time Exempt
Our Company
Employer Flexible is a professional employer organization (PEO) that provides outsourcing services to small and medium-sized businesses. Our offerings include human resource consulting safety and risk mitigation services payroll processing employer payroll tax filing workers compensation insurance health benefits employers practice and liability insurance (EPLI) retirement vehicles (401(k)) regulatory compliance assistance workforce management technology and training and development.
We are seeking aTreasury Accountant Analystto join our fast-paced Finance team. If you are looking for an opportunity to learn grow and advance in your career this is the company for you!
Position Summary
The Treasury Accountant/Analyst plays a vital role in ensuring the financial stability and operational integrity of a payroll processing company. This individual is primarily responsible for accurate cash forecasting comprehensive bank reconciliations and seamless oversight of ACH/NACHA processing. With a strong analytical mindset and keen attention to detail the Treasury Accountant/Analyst functions as a central point between finance operations and banking partners supporting the companys core payroll delivery and financial management objectives.
Key Responsibilities
Cash Forecasting:
- Develop and maintain detailed short-term and long-term cash flow forecasts to ensure sufficient liquidity for payroll funding tax payments and company obligations.
- Collaborate with Payroll Accounts Payable and Accounts Receivable teams to gather critical data for forecasting purposes.
- Monitor daily cash positions across multiple bank accounts and entities identifying trends variances and potential risks.
- Prepare regular reports for senior management highlighting cash projections variances vs. actuals and recommendations for optimal treasury management.
- Continuously refine cash forecasting models based on changing business needs seasonality and historical data.
Bank Reconciliation:
- Perform daily weekly and monthly bank reconciliations for all company operating payroll and tax accounts.
- Investigate document and resolve discrepancies between general ledger and bank transactions with a focus on timely and accurate resolution.
- Coordinate with internal departments and banking partners to clarify and resolve unreconciled items or errors.
- Support external and internal audit processes by providing detailed reconciliations transaction documentation and explanations as needed.
- Implement and update reconciliation procedures and controls to streamline processes and minimize risk of error or fraud.
ACH/NACHA Processing:
- Administer end-to-end ACH (Automated Clearing House) and NACHA (National Automated Clearing House Association) processing for payroll disbursements tax payments and vendor transactions.
- Ensure compliance with all NACHA operating rules regulations and company policies during electronic funds transfers.
- Prepare upload and approve ACH files for origination within established cut-off times and funding schedules.
- Monitor ACH returns reversals and exceptions collaborating with internal teams and banking partners to resolve issues promptly.
- Maintain up-to-date documentation on ACH/NACHA procedures and participate in compliance audits or reviews as required.
Banking Relationship Management:
- Serve as a primary contact for banks on operational treasury matters including account set-up technical troubleshooting and transaction investigation.
- Assist in negotiating banking services maintaining fee schedules and evaluating bank performance against service level agreements.
Internal Controls & Compliance:
- Monitor and enforce internal controls pertaining to treasury cash management and payment operations.
- Ensure all processes adhere to company policies and regulatory requirements (e.g. SOX NACHA and local banking regulations).
- Assist with documentation and testing of controls as part of periodic risk assessments or audits.
Reporting & Analysis:
- Generate routine and ad hoc treasury and cash management reports for management review and decision-making.
- Conduct variance analysis identify root causes and recommend process improvements for enhanced efficiency and control.
Treasury Technology & Automation:
- Treasury increasingly involves tech enablement which you touched on under preferred skills. You could elevate it.
- Administer and optimize treasury management systems (TMS) banking platforms and ERP integrations.
- Support automation initiatives to reduce manual processes in reconciliations payments and reporting.
Stakeholder Collaboration:
- You also cover internal communication with Payroll/AP/AR. You could highlight external-facing collaboration.
- Provide treasury insights to senior leadership to support financial planning and decision-making.
- Collaborate with auditors regulators and external consultants as needed.
Miscellaneous:
- Perform other duties as assigned to support treasury finance and payroll operations.
- Assist with special projects process improvements and cross-functional initiatives as needed.
- Provide backup support for related accounting and treasury functions during peak periods or staff absences.
Experience and Education
- Bachelors degree in Accounting Finance Business Administration or related field required.
- 2 years of treasury cash management or related accounting experience ideally within a payroll processing or financial services company.
- Solid understanding of bank reconciliation practices cash forecasting methodologies and ACH/NACHA file formats and compliance requirements.
- Strong proficiency in Microsoft Excel and treasury management systems; experience with ERP and payroll platforms is an asset.
- Excellent analytical problem-solving and organizational skills with a high attention to detail and accuracy.
- Ability to communicate effectively with internal teams banking partners and external auditors.
- Demonstrated track record of managing multiple priorities while meeting deadlines in a fast-paced environment.
- Strict commitment to confidentiality ethical standards and professional integrity.
Preferred Skills & Attributes
- CPA/CMA or relevant certification preferred.
- Experience working with multi-entity operations.
- Familiarity with NACHA file specifications and compliance audits.
- Experience in process automation or lean management initiatives related to cash flow and payment processing.
- Proactive resourceful and able to work both independently and as part of a team.
- Interest in staying current with payment industry trends regulatory updates and digital treasury innovation.
Career Path & Development
Individuals in this role can expect to develop a comprehensive understanding of payroll-related cash management enhancing their ability to advance into more senior treasury finance or operations management positions. The Treasury Accountant/Analyst will gain valuable experience in complex high-volume cash environments and will be well-positioned to support strategic initiatives such as automation integration of new payment technologies and treasury transformation projects.
Work Environment
- Primarily office-based
- Must be able to sit for extended periods operate a computer and telephone and occasionally lift up to 15 pounds.
- Reasonable accommodations will be provided for qualified individuals with disabilities.
Why Join Us
We offer a competitive compensation package comprehensive benefits (medical/dental/vision 401(k) with match paid life insurance) generous PTO and holiday schedule and a work environment that values professional growth.
Required Experience:
IC
Employment Type
Full-Time
