Treasury Analyst

Description

At DAP Health, we are committed to transforming lives and advancing health equity for all. As a leading nonprofit health care provider, we deliver compassionate, high-quality care to the diverse communities of the Coachella Valley and San Diego County. Our comprehensive services range from primary care to mental health, wellness programs, and beyond, with a focus on those who are most vulnerable. Joining our team means becoming part of a passionate, innovative organization dedicated to making a meaningful impact in the lives of those we serve. If you're looking for a dynamic and purpose-driven environment, we invite you to explore the opportunity to contribute to our mission.

Job Summary:

Facilitates daily treasury operations, provides accurate cash reporting and assists with bank structure management. Produces reports to aid in the forecasting of cash needs for the business and assists with other treasury functions and principles including EFT, Check & ACH, Positive Pay, Wire transfers and other treasury management products. 

Supervisory Responsibilities: None

​​​​​​​Essential Duties/Responsibilities : 

• Monitor and analyze the company’s daily cash position to cover cash commitments and assist in the execution of the daily cash management duties;
• Pool cash from all secondary bank accounts, when necessary, internal sweep;
• Ensure ACH and wire payments are timely and accurately paid and recorded in accounting cash management module;
• Prepare and record various entries into the Agency’s accounting system adhering to cut-off schedules for month-end processes ensuring all electronic payments are recorded to relieve Accrued Accounts Payable balances;
• Reconcile and maintain assigned sub-ledger accounts monthly using standard formats and GAAP;
• Lead and assist with treasury projects and initiatives;
• Prepare daily, weekly and monthly reports and calculations on the Agency’s cash position including daily cash registers;
• Perform balance sheet substantiation and narratives at month-end;
• Perform data integrity and balance sheet verification;
• Provide information in connection with the external and internal audits and monitors cash management activities to ensure compliance;
• Research and analyze bank fees including credit card and cash management expenses ; 
• Maintain positive banking relationships with depository bank representatives;
• Work with CFO to maintain and rationalize the company’s choice of key banks including the analysis of bank fee structures, services, relationships, and credit levels
• Assist other departments (e.g., audit, accounting) with quarter-end and ad-hoc information requests as needed;
• Administer credit card program and payments;
• Administer prepaid, gift card and bus pass programs including inventory tracking, month-end reconciliations, and journal entries;
• Work with Accounts Payable to ensure timely payment of vendor invoices, credit card payments, and vendor payment portals including McKesson, Cardinal and Amerisource Bergen;
• Work with the CFO to prepare weekly cash forecasts and other cash and borrowing projection models;
• Support accounting, financial planning, and other functions related to treasury transactions and entity structures;
• Work with Financial Planning and Analysis team on developing operating cash flow forecasts, optimizing working capital and establishing metrics/KPIs;
• Recommend and implement solutions to strengthen operational controls and incorporate best practices;
• Assist with presentation material as needed;
• Perform other duties as assigned.

Qualifications

Required Skills/Abilities

• Ability to multi-task in a fast-paced environment
• Strong analytical skills
• Effective planning and priority setting abilities;
• Must be well-organized and detail-oriented
• Ability to work independently and collaboratively
• Good communication skills, written and verbal
• Ability to quickly understand complex transactions
• Ability to apply finance and treasury principles
• Strong Excel skills

Education and Experience

• Associate’s degree in finance, accounting, economics or related field required
• No less than two years of treasury experience
• Knowledge of the banking industry and technical knowledge of bank products

Working Conditions/Physical Requirements

• Ability to lift 24 pounds
• Operates in an office setting at times and requires frequent times of sitting, standing, repetitive motion and talking

Salary : $35 - $37