Sr. Treasury Cash Management Associate

SR. TREASURY CASH MANAGEMENT ASSOCIATE

Time Equities, Inc. ("TEI"), an international real estate investment and development company seeking to expand its Treasury department is seeking a detail-oriented highly attentive, Treasury/Cash Management Associate to effectively co-co-manage daily cash positioning and online banking transactions. The ideal candidate has a positive attitude, works well with others, strives for excellence and efficiency, and thrives in a busy, fast-paced environment.

RESPONSIBILITIES

Job responsibilities include but are not limited to:

• Co-managing daily cash position for over 300 (including some multicurrency) operating accounts: monitor current and future balance requirements; identify cash needs and determine appropriate funding response based on existing protocols and/or by correspondence with responsible management.
• Daily review and processing of online bank transactions in strict compliance with company policy, guidelines, and reconciliation procedures, including wires, ACH, and intercompany transfers, and the proper and descriptive recording to the general ledger.
• Monitoring cash balances for excess funds available for a potential credit line and intercompany loan repayment or distribution.
• Coordinate and prepare for capital funding for the upcoming acquisition or other major transactions.
• Maintaining weekly and monthly reporting to Management of cash activities for internal and externally managed accounts, highlighting sources and uses of funds, and short-term future expectations.
• Maintaining a schedule of outside managed cash balances as compared to benchmark balances and working with managers and outside agents to ensure adherence to authorized target balances.
• Managing the administration and setup of user permissions and new account maintenance as required by various online banking systems.
• Initiating ACH pre-note files and maintaining and updating records.

REQUIREMENTS

• 4 years of experience working treasury/cash management and accounting knowledge to record properly transactions to general ledgers
• Monitor, forecast, and prepare for cash needs, and transactions
• Able to run bank reports, move cash
• Strong Excel and Word skills are a must.
• High level of attention to detail and accuracy in managing many moving parts.
• High level of organization, efficiency, and ability to thrive in a demanding and fast-paced work environment.

BENEFITS AND PERKS:

• Broad competitive compensation and benefits package including Medical, Dental, Vision, Life, and Disability insurance
• 401(k) Retirement Plan with company-matched contributions
• Eligible to elect other voluntary benefits including FSA, additional life insurance coverages
• Up to $3,500/year in tuition reimbursement for continuing education relevant to one's job.
• Tax-free benefits for mass transit or parking expenses
• Access to an Employee Assistance Program for services including counseling, financial and legal consultation, referrals for care service, and more
• Opportunity to enroll in an internal mentorship program
• Opportunity to serve on various internal committees such as the Change Committee and Wellness Committee
• Health and wellness opportunities including discounted gym membership options with NYSC and Class Pass
• Paid time off including vacation, sick, and personal days

Come join a great company and start a rewarding career path in a booming industry!

WHO WE ARE:

Founded in 1966, Time Equities, Inc. ("TEI") is a diversified investment, development, asset and property management, and alternative energy company that has been in business for more than 50 years. TEI currently holds in its portfolio approximately 38.9 million square feet of residential, industrial, office, and retail property including about 5,500 multi-family apartment units, approximately 2.2 million square feet in pending acquisitions, and 1.4 million square feet of various property types in stages of pre-development and development. With 330 properties across 33 states, five Canadian provinces, Anguilla, England, Germany, Italy, the Netherlands, and Scotland, the TEI portfolio benefits from a diversity of asset types including non-performing loans, B-notes, and alternative energy investments. TEI has a variety of market concentrations in the Northeast, Southeast, Midwest, and West Coast of the U.S., and new markets around the world are always being evaluated.

Time Equities, Inc. does not discriminate based on race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided based on qualifications, merit, and business needs.

For more information, please visit our website at www.timeequities.com

This is not a Hybrid position

Salary: 110,000 - 120,000