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Key Responsibilities and Required Skills for a Treasury Coordinator

💰 $55,000 - $75,000

FinanceTreasuryCorporate FinanceAccounting

🎯 Role Definition

As a Treasury Coordinator, you will be the backbone of our treasury function, responsible for the precise execution of daily cash management activities. You'll work closely with banking partners, internal finance teams, and business units to ensure optimal liquidity, manage financial risks, and maintain robust controls. This is an excellent opportunity for a finance professional looking to build a strong foundation in corporate treasury and make a tangible impact on the company's financial stability and growth. You are a key player in safeguarding the company's assets and ensuring our financial operations run smoothly and efficiently.

📈 Career Progression

Typical Career Path

Entry Point From:

  • Accounts Payable/Receivable Specialist
  • Junior Accountant
  • Finance Intern

Advancement To:

  • Treasury Analyst
  • Senior Treasury Analyst
  • Treasury Manager

Lateral Moves:

  • Financial Analyst
  • Corporate Accountant

Core Responsibilities

Primary Functions

  • Execute daily cash positioning and concentration activities to ensure adequate liquidity for operational needs across all corporate bank accounts.
  • Initiate, review, and execute domestic and international wire transfers, ACH payments, and other electronic fund transfers with a high degree of accuracy and adherence to security protocols.
  • Perform daily reconciliation of cash transactions and bank account activities, promptly investigating and resolving any discrepancies.
  • Prepare and analyze the short-term cash flow forecast by consolidating data from various business units and systems to predict funding requirements.
  • Administer the company's bank accounts, including managing the process for opening, closing, and updating account services and authorized signatories.
  • Monitor and analyze bank service fees, identifying opportunities for cost reduction and negotiating with banking partners to optimize fee structures.
  • Act as a primary point of contact for banking relationship management, addressing inquiries and resolving operational issues in a timely manner.
  • Support the management of the company's debt facilities, including tracking covenant compliance and preparing interest and principal payment schedules.
  • Assist in the administration of letters of credit, bank guarantees, and other trade finance instruments from application to issuance and eventual release.
  • Ensure strict compliance with internal controls, company policies, and regulatory requirements, including Sarbanes-Oxley (SOX) controls for treasury processes.
  • Process and settle foreign exchange (FX) spot and forward transactions to mitigate currency risk associated with international operations.
  • Prepare and distribute a variety of daily, weekly, and monthly treasury reports for senior management, detailing cash balances, investment performance, and debt levels.
  • Manage and support the corporate credit card program, including user administration, limit adjustments, and reconciliation support.
  • Maintain and update the Treasury Management System (TMS) with accurate bank account data, transaction details, and static data.
  • Research and resolve payment inquiries from internal departments and external vendors, providing clear and concise communication on payment status.
  • Participate actively in the month-end, quarter-end, and year-end financial close processes by providing necessary treasury-related journal entries and supporting documentation.
  • Assist in the development, documentation, and maintenance of treasury policies, procedures, and process flowcharts to enhance operational efficiency and control.
  • Provide essential support for internal and external audit requests by gathering required documentation and explaining treasury-related processes and controls.
  • Monitor global cash balances and assist in developing strategies for efficient repatriation of funds and intercompany funding settlements.
  • Analyze and report on interest rate exposure and investment performance of the company's short-term cash portfolio.
  • Support special projects within the Treasury department, such as system implementations, bank RFPs, and process automation initiatives.

Secondary Functions

  • Support ad-hoc treasury projects and financial analysis as requested by senior management.
  • Contribute to the continuous improvement of treasury processes, policies, and internal control frameworks.
  • Collaborate with Accounting, AP/AR, and FP&A teams to ensure seamless financial operations and accurate reporting.
  • Assist in the implementation and maintenance of Treasury Management Systems (TMS) and other financial software.

Required Skills & Competencies

Hard Skills (Technical)

  • Advanced proficiency in Microsoft Excel, including VLOOKUP, Pivot Tables, and financial formulas.
  • Experience with Treasury Management Systems (TMS) such as Kyriba, GTreasury, or FIS.
  • Proficiency with major ERP systems (e.g., SAP, Oracle NetSuite).
  • Hands-on experience with various online banking portals for reporting and payment execution.
  • Strong understanding of cash management principles, banking services, and payment systems (ACH, Fedwire).
  • Knowledge of foreign exchange (FX) concepts and transaction processing.
  • Familiarity with SOX compliance and internal control frameworks in a financial setting.

Soft Skills

  • Exceptional attention to detail and a commitment to accuracy in all tasks.
  • Strong analytical and problem-solving abilities to identify, research, and resolve discrepancies.
  • Excellent written and verbal communication skills for effective interaction with banks and internal teams.
  • Superior organizational and time-management skills to handle multiple priorities and meet strict deadlines.
  • High level of integrity and discretion in handling sensitive and confidential financial information.
  • Proactive mindset with the ability to work independently, take ownership, and drive tasks to completion.

Education & Experience

Educational Background

Minimum Education:

Bachelor's Degree

Preferred Education:

Bachelor's Degree with a concentration in Finance, Accounting, or a related field.

Relevant Fields of Study:

  • Finance
  • Accounting
  • Economics
  • Business Administration

Experience Requirements

Typical Experience Range:

1-3 years of experience in a corporate treasury, finance, or accounting role.

Preferred:

Direct experience in a corporate treasury department, including daily cash management and payment execution. CTP (Certified Treasury Professional) designation or candidacy is a significant plus.

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