Treasury Manager

About the company

At the company, we're on a mission to grow the small business economy. We handle the hard stuff — payroll, health insurance, 401(k)s, and HR — so owners can focus on their craft and their customers. With teams in Denver, San Francisco, and New York, we support more than 500,000 small businesses nationwide and are building a workplace that reflects the people we serve.

All full-time employees receive competitive base pay, benefits, and equity (RSUs) — because everyone who helps build the company should share in its success. Offer amounts are determined by role, level, and location. Learn more about our Total Rewards philosophy.

AI is a fundamental part of how work gets done at the company. We expect all team members to actively engage with AI tools relevant to their role and grow their fluency as the technology evolves. AI experience requirements vary by role and will be assessed during the interview process.

About the Treasury Team:

The Treasury Team at the company is responsible for cash/liquidity management and banking initiatives that support business partner imperatives towards operational effectiveness and performance towards the company’s payment operations, accounting and risk/credit infrastructures.

About the Role:

As a Senior Treasury professional you will help lead the Treasury team in managing financial resources and the day-to-day functions to meet cash and financial obligations of the company. You will liaise with internal teams including Payments, Risk, Product, and Accounting as well as external banking partners, solution providers and portfolio managers. You’ll need to be proactive, intellectually curious and a self starter who is excited to build a first class Treasury department. Critical thinking and the ability to roll up your sleeves will help determine your success. Some of the efforts you’ll have an opportunity to participate in or lead include:

• Provide treasury industry knowledge, experience, and best practices to help the team stay ahead of the curve on the latest service offerings, services offered from our partner banks
• Build out of enhanced liquidity forecasting tool to understand cash usage and future needs
• Model liquidity usage and related returns to determine how best to optimize liquidity. Identify liquidity risks and solutions. Ability to interpret and challenge black swan liquidity modeling results
• Developing internal cost of funds programs associated with cash/liquidity usage
• Explore/evaluate new product offerings from internal and external service providers from a Treasury perspective
• Consulting with internal business lines on existing/new products with a focus on liquidity and funding needs
• Engage with external credit providers to understand borrowing structures to meet internal business needsPartner with fixed income portfolio managers to understand and explore opportunities to optimize returns
• Experience with money movement/payment types including ACH, wire, real time payments and stable coins. Solutioning stable coin movements and the ability to identify and manage related risks
• Engage with banking partners and internal stakeholders to
• Initiate banking transaction process improvements
• Understand bank analysis fees
• Bank account governance and related controls
• Regular/quarterly banking partner reviews
• Bank account establishment/ alignment, fraud mitigation, cash forecasting, payment contingencies
• Continued focus on operational risk and process improvements specifically associated with banking structure and money movements
• Collaborate with cross-functional partners in Payments, Accounting, Risk/Credit and Engineering to facilitate the implementation of new products/services
• Lead and facilitate treasury projects as assigned
• Lead cross functional projects to resolution, solving both strategic and tactical challenges that arise

Here’s what we're looking for:

• Experience - You’ll have 12+ years of relevant experience, working in a shared service Treasury environment with cross functional teams preferably in the banking or financial services. Experience with Payment Operations, Risk/Credit and banking partner activities. In-depth knowledge of money movement/payment types including ACH, wires, real time payments and stable coins and related bank/third party activities. Specific stable coin settlement knowledge and understanding of associated risks. Experience with credit facilities and lending solutions. Indepth knowledge and experience modeling/solutioning liquidity needs
• Operational Excellence - You are passionate about operational excellence and efficiency. You have an ability to spot unusual patterns with a sharp attention to detail. Proactively reviews current processes and implements improvements based on industry and company best practices. You’ve not only maintained processes but have built processes/solutions. You have the ability to implement changes and obtain measurable results, both tactically and strategically..
• Analytical - Excellent analytical skills, including ability to use business intelligence tools, and sort through complex data to articulate business trends and implications. High level of intellectual curiosity with the ability to see the big picture while maintaining attention to details.
• AI native approach: In-depth experience using AI to solve corporate treasury needs, improving work flows and creating business efficiencies (reduce human error/risk). You leverage AI for solutioning both tactical and strategic needs. You champion AI and cross pollinate solutions with other internal business partners.
• Thought Leadership: Serve as Treasury's internal subject matter authority by shaping strategy, contributing to company-wide financial objectives, and proactively translating emerging treasury trends into actionable recommendations that influence the company's direction.
• Stakeholder Persuasion & Communication: Distill complex treasury concepts to persuade and align diverse senior and executive stakeholders, while building influential relationships that effectively navigate competing priorities to achieve desired outcomes.
• Accountability for Function-Wide Results: Own the overall performance and outcomes of the Treasury function by defining and tracking key success metrics, ensuring continuous improvement against functional goals with accountability for results that impact the broader finance organization.
• Mentorship & Developing Others: Mentor and develop junior Treasury team members to elevate overall team capability, while serving as a trusted resource for cross-functional partners on treasury-related matters and fostering a culture of learning and knowledge-sharing.
• Discipline - Excellent time-management skills and ability to handle multiple tasks simultaneously.
• Self Starter - Ability to explore and resolve issues and not wait to be told what to do.
• Attitude - Goal-oriented, positive, and proactive. Comfortable in a fast-paced, results-oriented work environment. Can communicate effectively with partnered teams and senior leadership. Ability to work independently and escal… as needed