Treasury Accountant Analyst

Treasury Accountant Analyst

The 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 companys 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:

• Bachelors 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-based
• Must 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.

The Woodlands Specialty Hospital