Treasury Accountant/Senior Treasury Accountant

Job Description

Job Description

Hybrid in Pittston, PA

Treasury Accountant/Senior Treasury Accountant

Our company is our family, and we are looking for a new addition to assist us in Driving Dentistry Forward. Please review the description below carefully to ensure that this position is the perfect match for you!

What’s in it for YOU?

• Excellent Compensation Packages

• Medical, Dental and Vision Benefits Effective on Day 1

• 401k Package Effective on Day 1

• Paid Time Off Program

• Profit Sharing

• Hybrid Work Environment

• Associate Discounts and Community Giveback Programs

• College Tuition Savings Program

• Caring Family Culture Toward all Associates

• Certified as a FORTUNE Great Place to Work

• Opportunities to join resource groups that promote Diversity, Equity, and Inclusion

• Family owned for 90+ years

Position Summary:

The Treasury Accountant/Senior Treasury Accountant is an integral part of the Treasury Team and reports directly to the Director of Treasury Management. Responsible for reviewing, analyzing, reconciling, and researching activities related to: accounts receivable, customer financial statement reviews, daily/monthly analysis of line of credit availability/forecasting, and month end balance sheet reporting including DSO (Dental Service Organization).

Do YOU Possess These Skills and Attributes?

• Requires proficiency in Microsoft Suite (Excel, Word, and PowerPoint)
• Proven analytical and proactive problem-solving skills
• Ability to work on multiple projects with a high attention to detail
• Excellent communication (oral and written) skills
• Outstanding organizational skills

Do These Responsibilities Interest YOU?

• Perform financial statement review and analysis of customers to assist the Customer Finance Support team
• Prepare Accounts Receivable balance reports
• Analyze monthly merchant services spend and interchange fees; identifying trends and recommending strategy for attaining the lowest fee data levels
• Perform month end reconciliations and reporting for both the Treasury Operations and Customer Finance Support teams
• Responsible for monthly customer statement errors
• Balance sheet budgeting (AR/DSO)
• Analyze and trend DSO (Dental Service Organization) and AR reports; allowing deeper dive on AR past dues, trends, etc.
• Reconcile AR accounts
• Research and implement, when necessary, AI/Machine Learning tools for efficiency
• Effectively process credit cards and completion of daily credit card and cash receipts transaction reports
• Assists leadership with ad hoc financial analysis and modeling on treasury related special projects
• Coordinate UAT (User Acceptance Testing) on ERP changes
• Generate credit card decline and expiration letters
• Complies with all policies and standards to support the efficient operations of the department and company
• Performs other duties as assigned

At the Senior Level

• Assist in mentoring new team members and less tenured staff
• Prepare and report on quarterly contribution margin
• Research and recommend interest hedging strategies
• Prepare month end financial slide deck for finance team and Board of Directors
• Continuously monitor fixed coverage charge ration (FCCR) on monthly, trailing 12 months, and report quarterly to banking partner
• Create budget for FCCR, tracking monthly through updated P&L forecasting
• Prepare bank borrowing base reporting and submit to banking partner

Do YOU Meet These Requirements?

• Bachelor's Degree in Accounting of Finance, Required
• Treasury Accountant: 1-3 years finance experience, Required
• Senior Treasury Accountant: 4-6 years finance experience, Required
• Certified Treasury Professional (CTP) - APF, Preferred
• Technical Skills: SQL, Qlik, Claude, Preferred
• Ability to work 2 days per week onsite in Pittston, PA
• Effectively communicates in English (Reading, Writing, and Speaking), Required

Who We Are: It’s our Mission to Drive Dentistry Forward

Benco Dental, the largest privately owned, full-service dental distributor in the United States, has remained in the family since 1930—a family that now includes our more than 40,000 customers and over 1,500 associates in the 48 contiguous states.

We provide more supply and equipment options than any other full-service distributor, an offering enhanced by a comprehensive suite of services, including office design, equipment repair, practice coaching, financing and project management, wealth management and dental-specific technology solutions. These services are supported by over 400 professionally trained sales representatives and 300 factory-trained service technicians who begin every task by asking “What does the customer want?”

If you enjoy working for a progressive company, who is committed to diversity in our workforce, who values all customers and associates, who also provides the opportunity for growth and development- we encourage you to learn more about our Benco family. We are looking for driven professionals who want to play a key role in our future success, while making a positive impact within our industry. Thank you for your interest in Benco Dental. We look forward to hearing from you!

We're proud to be an equal opportunity and affirmative action employer. At Benco Dental we celebrate our associates' differences to foster a culture of diversity and inclusion every day. Click here to learn more about how we promote Equal Opportunity and Diversity and Inclusion at Benco.