Treasury Accountant Analyst

Treasury Accountant AnalystThe Treasury Accountant/Analyst plays a vital role in ensuring the financial stability and operational integrity of a payroll processing company. This individual is primarily responsible for accurate cash forecasting, comprehensive bank reconciliations, and seamless oversight of ACH/NACHA processing. With a strong analytical mindset and keen attention to detail, the Treasury Accountant/Analyst functions as a central point between finance, operations, and banking partners, supporting the company’s core payroll delivery and financial management objectives.Key Responsibilities:Cash Forecasting:Develop and maintain detailed short-term and long-term cash flow forecasts to ensure sufficient liquidity for payroll funding, tax payments, and company obligations.Collaborate with Payroll, Accounts Payable, and Accounts Receivable teams to gather critical data for forecasting purposes.Monitor daily cash positions across multiple bank accounts and entities, identifying trends, variances, and potential risks.Prepare regular reports for senior management, highlighting cash projections, variances vs. actuals, and recommendations for optimal treasury management.Continuously refine cash forecasting models based on changing business needs, seasonality, and historical data.Bank Reconciliation:Perform daily, weekly, and monthly bank reconciliations for all company operating, payroll, and tax accounts.Investigate, document, and resolve discrepancies between general ledger and bank transactions with a focus on timely and accurate resolution.Coordinate with internal departments and banking partners to clarify and resolve unreconciled items or errors.Support external and internal audit processes by providing detailed reconciliations, transaction documentation, and explanations as needed.Implement and update reconciliation procedures and controls to streamline processes and minimize risk of error or fraud.ACH/NACHA Processing:Administer end-to-end ACH (Automated Clearing House) and NACHA (National Automated Clearing House Association) processing for payroll disbursements, tax payments, and vendor transactions.Ensure compliance with all NACHA operating rules, regulations, and company policies during electronic funds transfers.Prepare, upload, and approve ACH files for origination within established cut-off times and funding schedules.Monitor ACH returns, reversals, and exceptions, collaborating with internal teams and banking partners to resolve issues promptly.Maintain up-to-date documentation on ACH/NACHA procedures and participate in compliance audits or reviews as required.Banking Relationship Management:Serve as a primary contact for banks on operational treasury matters, including account set-up, technical troubleshooting, and transaction investigation.Assist in negotiating banking services, maintaining fee schedules, and evaluating bank performance against service level agreements.Internal Controls & Compliance:Monitor and enforce internal controls pertaining to treasury, cash management, and payment operations.Ensure all processes adhere to company policies and regulatory requirements (e.g., SOX, NACHA, and local banking regulations).Assist with documentation and testing of controls as part of periodic risk assessments or audits.Reporting & Analysis:Generate routine and ad hoc treasury and cash management reports for management review and decision-making.Conduct variance analysis, identify root causes, and recommend process improvements for enhanced efficiency and control.Treasury Technology & Automation:Administer and optimize treasury management systems (TMS), banking platforms, and ERP integrations.Support automation initiatives to reduce manual processes in reconciliations, payments, and reporting.Stakeholder Collaboration:Provide treasury insights to senior leadership to support financial planning and decision-making.Collaborate with auditors, regulators, and external consultants as needed.Miscellaneous:Perform other duties as assigned to support treasury, finance, and payroll operations.Assist with special projects, process improvements, and cross-functional initiatives as needed.Provide backup support for related accounting and treasury functions during peak periods or staff absences.Experience and Education:Bachelor’s degree in Accounting, Finance, Business Administration, or related field required.2+ years of treasury, cash management, or related accounting experience, ideally within a payroll processing or financial services company.Solid understanding of bank reconciliation practices, cash forecasting methodologies, and ACH/NACHA file formats and compliance requirements.Strong proficiency in Microsoft Excel and treasury management systems; experience with ERP and payroll platforms is an asset.Excellent analytical, problem-solving, and organizational skills with a high attention to detail and accuracy.Ability to communicate effectively with internal teams, banking partners, and external auditors.Demonstrated track record of managing multiple priorities while meeting deadlines in a fast-paced environment.Strict commitment to confidentiality, ethical standards, and professional integrity.Preferred Skills & Attributes:CPA/CMA or relevant certification preferred.Experience working with multi-entity operations.Familiarity with NACHA file specifications and compliance audits.Experience in process automation or lean management initiatives related to cash flow and payment processing.Proactive, resourceful, and able to work both independently and as part of a team.Interest in staying current with payment industry trends, regulatory updates, and digital treasury innovation.Career Path & Development:Individuals in this role can expect to develop a comprehensive understanding of payroll-related cash management, enhancing their ability to advance into more senior treasury, finance, or operations management positions. The Treasury Accountant/Analyst will gain valuable experience in complex, high-volume cash environments and will be well-positioned to support strategic initiatives such as automation, integration of new payment technologies, and treasury transformation projects.Work Environment:Primarily office-basedMust be able to sit for extended periods, operate a computer and telephone, and occasionally lift up to 15 pounds.Reasonable accommodations will be provided for qualified individuals with disabilities.Why Join Us:We offer a competitive compensation package, comprehensive benefits (medical/dental/vision, 401(k) with match, paid life insurance), generous PTO and holiday schedule, and a work environment that values professional growth.