What are the responsibilities and job description for the Treasury Manager position at Fogelman?
Position Overview:
Fogelman Properties is currently seeking a skilled and motivated Treasury Manager to join our dynamic team. The successful candidate will directly supervise at least one team member and will be a key player in leading our corporate and property cash management operations. If you're ready to lead a team, drive process improvements, and contribute to the financial success of a growing organization, we encourage you to apply.
Duties/Responsibilities:
Lead day-to-day cash management operations
Assist in the development and implementation of goals and priorities for cash management
Review, document, and maintain consistent cash management policies, practices and procedures; monitor for enhancements and updates
Maintain and manage banking relationships and partners, ensuring alignment with the company’s financial goals. Negotiate banking services and fees to optimize financial operations.
Provide leadership to a team of associates, fostering a culture of accountability, mentorship, and professional/personal growth.
Oversee the administration of banking systems including bank account setup, signature documentation, and access maintenance, ensuring compliance with all regulatory requirements and best practices.
Manage all aspects of the money movement process, including wires, ACHs, client payment processing, and bank transmissions.
Serve as the primary point of contact for cash management inquiries and for addressing payment discrepancies and payment returns, and escalate challenges to senior leadership as needed.
Oversee daily cash positioning activities, including managing daily liquidity, cash position reconciliation, and bank reporting.
Identify opportunities for process optimization and automation, streamlining cash management workflows to enhance efficiency and accuracy.
Implement best practices and continuously improve cash management policies, procedures, and internal controls in alignment with industry standards.
Assist in the preparation of financial reports and ad hoc analysis for senior management.
Other duties and special projects as assigned.
Required Skills/Abilities:
In-depth knowledge of cash management systems, banking systems, and financial reporting processes.
Strong decision making, problem-solving, and analytical skills, and ability to think critically in resolving payment and banking issues.
Proven ability to manage, mentor, and develop a team in a fast-paced environment.
Excellent communication and interpersonal skills, with the ability to collaborate across departments.
Strong understanding of accounting concepts, industry accounting practices, GAAP, and cash management functions.
Proficiency in advanced Excel, with the ability to analyze and manipulate large datasets.
Education and Experience:
4-year college degree or equivalent required.
MBA and/or treasury certification (CTP) highly preferred.
Cash management experience within the multi-family or property management industry is highly desirable.
6 years of experience in a related field, preferably in treasury, cash management, or finance.
2 years of experience in a leadership or management role.
Fogelman Properties is an equal opportunity employer that values diversity and inclusivity. We offer competitive compensation, comprehensive benefits, and the opportunity for professional growth within a supportive and innovative environment.
If you are a highly organized and experienced cash management or treasury professional with a passion for leading teams and driving financial excellence, we would love to hear from you! Apply today to join the Fogelman Properties team.
