What are the responsibilities and job description for the Treasury Specialist position at Ultimus Leverpoint Private Fund Solutions?
JOB SUMMARY:
The team is responsible for the development, implementation, research and review of treasury and compliance processes over transaction requests and other items created on behalf of our clients. This includes staying current with industry and financial regulations and standards. This position will manage transaction review and oversight of treasury procedures for accuracy and efficiency. An understanding of the general ledger and accounting methodologies to support the completion of daily and monthly operational tasks is also required as a key part of this role. Projects and ad hoc reporting and analysis tasks will be assigned to this position as needed.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Treasury & Compliance Tasks
1. Conduct primary review of all transactions for banking applications and accuracy, including review of weekly Client AP Check Run requests
2. Sustain general knowledge on over 14 online banking platforms to support and maintain updates to internal resources
3. Prepare and submit necessary forms to the banks to open, close and update client bank accounts
4. Provide training and guidance to teams on new implementations of banking features such as terminal emulation files and wire upload/import templates
5. Complete electronic approval and/or release on banking systems as designated by individual client agreements
6. Understanding of OFAC compliance, watch list monitoring and ability to clear hits and alerts
7. Coordination and completion of special projects as dictated by the company and client needs
Accounting & Finance Tasks
1. Utilize contracts to determine client receivables and perform fee calculations
2. Complete the review and processing of client invoices into accounting system
3. Revenue forecasting, cost analysis and other ad hoc projects will be assigned
4. Review of annual 1099’s, quarterly sales/use tax reporting and other tax filings as needed
2.
QUALIFICATIONS/REQUIREMENTS:
1. Bachelor’s Degree in Finance, Business or related field
2. High attention to detail and ability to multitask without hindering accuracy and timeliness in a fast paced environment with competing demands is a must
3. Self-starter and highly motivated to be able to follow projects through to completion while handling requests and other competing demands that may require immediate attention
4. Excellent communication, organization, planning and problem solving skills required
5. Experience with QuickBooks and Microsoft Excel are strongly considered
Ultimus Leverpoint is an equal opportunity employer and does not discriminate on the basis of the applicant’s or employee’s race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, veteran or military status, genetic information, citizenship or any other status entitled to protection under federal, state or local anti-discrimination laws. No questions on our employment application are intended to secure information that is to be used for impermissible purposes.
The team is responsible for the development, implementation, research and review of treasury and compliance processes over transaction requests and other items created on behalf of our clients. This includes staying current with industry and financial regulations and standards. This position will manage transaction review and oversight of treasury procedures for accuracy and efficiency. An understanding of the general ledger and accounting methodologies to support the completion of daily and monthly operational tasks is also required as a key part of this role. Projects and ad hoc reporting and analysis tasks will be assigned to this position as needed.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Treasury & Compliance Tasks
1. Conduct primary review of all transactions for banking applications and accuracy, including review of weekly Client AP Check Run requests
2. Sustain general knowledge on over 14 online banking platforms to support and maintain updates to internal resources
3. Prepare and submit necessary forms to the banks to open, close and update client bank accounts
4. Provide training and guidance to teams on new implementations of banking features such as terminal emulation files and wire upload/import templates
5. Complete electronic approval and/or release on banking systems as designated by individual client agreements
6. Understanding of OFAC compliance, watch list monitoring and ability to clear hits and alerts
7. Coordination and completion of special projects as dictated by the company and client needs
Accounting & Finance Tasks
1. Utilize contracts to determine client receivables and perform fee calculations
2. Complete the review and processing of client invoices into accounting system
3. Revenue forecasting, cost analysis and other ad hoc projects will be assigned
4. Review of annual 1099’s, quarterly sales/use tax reporting and other tax filings as needed
2.
QUALIFICATIONS/REQUIREMENTS:
1. Bachelor’s Degree in Finance, Business or related field
2. High attention to detail and ability to multitask without hindering accuracy and timeliness in a fast paced environment with competing demands is a must
3. Self-starter and highly motivated to be able to follow projects through to completion while handling requests and other competing demands that may require immediate attention
4. Excellent communication, organization, planning and problem solving skills required
5. Experience with QuickBooks and Microsoft Excel are strongly considered
Ultimus Leverpoint is an equal opportunity employer and does not discriminate on the basis of the applicant’s or employee’s race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, veteran or military status, genetic information, citizenship or any other status entitled to protection under federal, state or local anti-discrimination laws. No questions on our employment application are intended to secure information that is to be used for impermissible purposes.
