Treasury Manager

Treasury Manager

As the Treasury Manager with HVMG youll play a critical role in managing cash management banking and treasury operations for the management company and all hotel properties ensuring adequate liquidity accurate cash positioning and strong banking relationships across our portfolio.

If youre a detail-oriented relationship-driven finance professional who thrives on solving problems and strengthening controls this role offers the opportunity to be a trusted partner to hotels ownership groups and HVMGs senior finance leadership.

• Own and manage all banking relationships on behalf of the management company and hotels serving as the primary point of contact for bank representatives.
• Direct the opening and closing of bank accounts across the hotel portfolio and corporate office.
• Approve and execute wires using various treasury management systems ensuring appropriate controls and authorization levels are followed.
• Oversee weekly cash positions for each hotel to understand current liquidity; proactively identify cash needs and coordinate funding with Regional Controllers.
• Lead the opening and closing of merchant IDs and set up users for payment processing systems.
• Manage the escheatment/unclaimed property process for corporate accounts payable accounts ensuring compliance with state requirements.
• Research outstanding checks and process voids and stop payments.
• Oversee annual 1099 reporting and filing for the management company.
• Process and reconcile miscellaneous deposits for the management company.
• Coordinate and prepare information from all properties for policy renewals and audits; prepare special reports as requested by insurers or properties.
• Manage the issuance of certificates of insurance as requested by properties lenders and investors.
• Support month-end closing activities related to treasury and cash accounts for the management company.
• Identify and implement process improvements to strengthen cash controls and treasury operations.
• Problem-solve banking and treasury issues as they arise.
• Support the Corporate Director of Finance SVP of Accounting and Finance and CFO as needed.

• Experience with treasury management systems Sage Intacct M3 Profit Sword Rivur SharePoint and similar hospitality/accounting platforms.
• Strong working knowledge of cash management banking operations and treasury controls in a multi-unit business.
• Working knowledge of basic accounting principles such as accruals debit/credit and the matching principle.
• Strong knowledge of Generally Accepted Accounting Principles.
• Ability to define problems collect data establish facts and draw valid conclusions.
• Strong organizational skills with the ability to manage multiple bank accounts and properties while meeting established timelines under pressure.
• Strong oral and written communication skills including the ability to work directly with banking partners insurers lenders and investors.
• Proficient in Microsoft Office applications.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Ability to read analyze and interpret general business periodicals professional journals technical procedures or governmental regulations.
• Ability to write reports business correspondence and procedure manuals and to effectively present information and respond to questions from groups of managers clients customers and the general public.

• Bachelors Degree from a four-year college or university preferably in finance or accounting or an equivalent combination of education and experience required.
• 46 years of progressive treasury cash management or accounting experience.
• Prior experience managing banking relationships preferred.
• Hospitality industry experience either corporate/regional or on-property preferred.

• Eligible to work in the United States.
• Ability to read write and communicate effectively in English.
• Ability to sit stand bend kneel and lift as required with or without reasonable accommodations.
• Availability to work a flexible schedule including evenings weekends and holidays if needed.
• A warm professional demeanor that reflects HVMGs Culture of Excellence.

• Career growth opportunities across our nationwide portfolio
• Flexible scheduling
• Access up to 40% of your earned wages before payday with PayActive
• Paid Time Off (PTO) and Paid Holidays
• Full healthcare benefits: medical dental and vision
• 401(k) with guaranteed 4% match and no vesting period
• Exclusive hotel and food & beverage discounts

Our Be Excellent culture is more than just words on a website we live and breathe it. As one associate said in an anonymous survey This is the best management company Ive ever worked for. They walk the talk from the corporate office to the field.

We believe that the hotel business is one of the few industries in which successful career paths can start anywhere on the org chart. You control your destiny and if our executives are any indication todays dishwasher can be tomorrows Senior Vice President.

The above job description is not an exhaustive list of all the duties and responsibilities of the position nor should it be construed as a contract.

HVMG is an equal opportunity employer. We will not discriminate against employees or applicants for employment on any basis prohibited by federal state or local laws. This policy governs all aspects of employment including selection job assignment compensation promotion discipline termination and access to benefits and training.