Purpose

Director of Treasury Operations and Accounts Payable will manage the team, tasks and projects related to forecasting, banking administration, payments, banking relationships, and merchant card processes.

Principal Duties and Responsibilities

• Manage the Treasury and Accounts Payable team and the day-to-day activities of the team to meet the financial obligations of the organization
• Establish a proactive partnership with Accounting, Financial Services and Leadership
• Participate in a variety of projects across the financial landscape to promote operational efficiencies
• Strong knowledge and ability to create and update forecasting models in Excel
• Strong knowledge in Accounts Payable processes including Vendor Master, invoice processing and payment runs, aging payables research and resolutions, process improvements in AP
• Update and analyze the weekly forecast and identify, investigate, and communicate the root cause for any significant variances
• Monitor the daily cash position for adequate cash flow in the near term
• Develop and maintain positive relationships across the current banking partners as well as vendors
• Execute funding with our hypothecation lenders to ensure cash requirements to meet business needs
• Work with Treasurer to maintain the insurance broker relationship and help bind annual insurance programs across our corporate and resort management divisions
• Set up of merchant processing services and attaching the appropriate bank accounts as well as maintain a database of MIDs and related information
• Update and develop desk procedures for all Treasury and Accounts Payable Analyst functions
• Manage bank consolidation efforts across our resort property management divisions
• Coordinate the set-up of bank products and services used by Treasury or other departments
• Approve electronic payments (Fed wires and ACH) using financial institutions online platforms
• Research and resolve bank questions and reconciliation issues
• Special projects when assigned based on priorities set by management
• All other duties as requested

General Statement - Performs the job assigned, complying with Company policies and procedures, business code of ethics, FLSA regulations, and all applicable laws, as well as ensuring confidentiality, reliability, quality, and productivity.

Job Requirements

Education, Essential Training / Certifications, and Experience:

• Bachelor’s degree in finance, Accounting, or related field
• 10+ years of work experience in treasury/cash management and Accounting Payable
• 5+ years experience in a manager role
• Experience in a corporate, property management bank and payables operations environment is preferred

Skills, Knowledge, and Abilities:

• Excellent communication (written and verbal), analytical and interpersonal skills
• Strong knowledge of developing and maintaining forecasting models
• Strong computer skills, including advanced Excel skills and proficiency in Microsoft Word and PowerPoint
• Ability to handle multiple tasks under tight deadlines with excellent organizational skills
• Proactive and motivated to improve the effectiveness and efficiency of Treasury operations and Accounts Payable
• Think strategically while paying close attention to detail
• Strong knowledge and understanding of bank products and services

Shift: Additional hours necessary to meet business needs

• Regular Hours, and Weekend

None

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