Treasury Manager

Description

DevCo is seeking a full-time Treasury Manager to join our team in Bellevue, WA. The Treasury Manager will lead the company’s Cash Management and Treasury Operations. The Treasury Manager is responsible for management of bank accounts, oversight of wires/ACH payments, optimization of the depository portfolio, and diligent maintenance of corporate controls around these processes.This is a newly created position for which are seeking a candidate that brings an in-depth familiarity with the products, services, and systems that are available in the financial technology marketplace and is able to assess appropriateness to the company’s current operations and its long-term requirements.

About The Company

DevCo Residential Group is an integrated development and investment company focused on multi-family communities. Founded in 1994, the company and its affiliates develop, own, and manage over 10,000 affordable and market rate apartment units throughout the United States. Headquartered in Bellevue, Washington, DevCo is one of the largest providers of affordable housing in Washington State.

Benefits Offered

• Over 90% company paid medical benefits for employee coverage.
• 100% company paid dental and vision benefits for employee coverage.
• Healthcare and dependent care flexible spending accounts.
• Company paid life insurance, AD&D and long-term disability benefits for employee coverage.
• Best-in-class voluntary insurance benefits.
• Pre-tax and Roth 401(k) programs with a company match equal to 100% of the first 4% contributed by the employee.
• Discretionary bonus programs.
• Eligibility for a 20% housing discount consideration after 90 days of hire.
• Employee assistance program (EAP) with 24/7 counseling services.
• Company-sponsored backup childcare.
• Employee discount program through LifeMart.
• Company-sponsored industry training and certifications.
• 3 weeks of paid time off each year.
• Up to 12 paid holidays each year.
  
  

Pay Details: $120,000-$150,000/year

Schedule: Monday-Friday 8am-5pm.

Job Responsibilities

• Ensure adequate funding is available to cover property and corporate level AP.
• Ensure timely deposit of monthly cash calls and funds transfers.
• Support Treasury and Cash Management operations and develop strategies to maximize operational efficiencies, safeguard assets and minimize analysis fees.
• Perform daily review of all bank accounts to ensure check registers are up to date.
• Supervise preparation of all wire transfers, ensuring compliance with wire procedures, and monitor tracking.
• Manage monthly cash call process: Deposit checks, transfer funds, and prepare journal entries to record all activity.
• Serve as administrator for banking platforms
• Interface with AP to ensure funds are available to cover check runs
• Ensure that promissory notes are prepared and repaid in a timely manner. Maintain up-to-date documentation. Develop internal controls, policies and procedures and ensure compliance in day-to-day conduct and supervision of cash management activities.
• Review and analyze monthly bank analysis statement and resolve issues with banks.
• Recommend and implement improvements to current cash management processes.
• Administer and manage corporate card programs
• Conduct research into variances and determines explanations.
• Assist with the processing of weekly check runs.
• Assist with the deposit and scanning of incoming checks, including voiding and reissuing lost checks.
• Maintain professional certifications as required for the position.
  
  

Knowledge, Skills And Abilities

• Upholds organizational values, maintains commitments, and works with integrity.
• Maintains confidentiality and an awareness of how to appropriately handle the flow of sensitive information.
• Utilizes creative problem-solving.
• Exerts leadership in the role and displays a willingness to make decisions based on sound and accurate judgment.
• Demonstrates accuracy and thoroughness; Seeks continuous improvement and promotes quality.
• Strong analytical and problem-solving capabilities.
• Excellent written and verbal communication skills.
• A collaborative team player.
  
  

Qualifications

Qualifications:

• Bachelor’s degree in Accounting, Finance or equivalent experience
• Certified Treasury Professional certification is highly desirable
• The ideal candidate must have minimum 3-5 years of relevant Treasury experience at a mid- to large-sized organization
• Facile with Microsoft Office suite, including Excel, Word and PowerPoint
• Previous experience with enterprise level accounting software packages
• The ideal candidate must have a working knowledge of ERP systems and related technologies.
• Experience with Yardi preferred
• Successful completion of background check and drug screen required.
• Must be legally qualified to work in the U.S. meeting I-9 guidelines.
  
  

DevCo Management Company, LLC is an Equal Opportunity Employer