Treasury Manager

Company: Trisept Solutions
Location: Newtown Square
Posted on: February 25, 2021

Job Description:

Work to turn vacation dreams into life-long memories by becoming a part of the Apple Leisure Group (ALG) team! We strive to be the first choice in vacation travel, enriching lives and uniting the world.

Grow your career as a Treasury Manager. In this role, you will be partnering with all business units to gain an understanding of the cash flow activity within each operating entity and preparing best in class daily and weekly cash position reports and weekly cash forecasts. Working with the Director of Treasury, you will prepare ad hoc strategic treasury analyses pertaining to the purchasing card spend, merchant processing fees and third party-debt. This role will participate in the rationalization of bank accounts and assist with developing an overall cash management/banking strategy. A successful Treasury Manager will

• Monitor daily cash balances and work with business units to identify minimum cash operating balances and determine and execute funding requirements
• Develop a cash management strategy to work with less consolidated cash
• Manage the consolidated daily cash report with current day activity; analyze discrepancies and resolve with business units
• Report weekly cash flow activity to management
• Maintain global inter-company loan schedules and interest accruals
• Summarize monthly cash flow activity, merchant processing receipts and fees, purchasing card spend, intercompany loan balances and third-party debt
• Prepare monthly management presentation
• Prepare weekly consolidated rolling 3-month cash forecasts
• Analyze forecast variances and work with business units to gain further understanding
• Assist in the analysis of monthly credit card spend
• Monitor purchasing card earned rebate revenue
• Consolidate data related to global monthly credit card receipts and associated merchant processing fees across all ALG companies
• Coordinate monthly reporting requirements
• Become super-user on all merchant processing online platforms worldwide
• Manage the implementation of new bank service products
• Rationalize global bank accounts and manage the process of opening and closing bank accounts at domestic and foreign banks
• Maintain letters of credit and collateral investments report
• Process electronic payments including foreign exchange (spot) payments
• Prepare monthly escrow account reporting using external systems and reconcile to internal reservation reports
• Assist with administration related to the third-party credit facility
• Manage directory of all bank accounts with full account details including authorized signers and online approvers and assist with the preparation of the annual FBAR reports
• Coordinate documentation requests for changes in authorized signers and online access
• Liaise with banks to complete compliance documentation for domestic and international banks
• Prepare bank fee analyses
• Manage internal data collection process to support corporate insurance policies
• Assist with standardizing and documenting treasury processes across all business units
• Participate in the implementation of a Treasury Management System (TMS) Requirements
  • Bachelor's degree in Finance or Accounting with 5-10 years of related work experience
  • Significant attention to detail and ability to adhere to critical deadlines and standard work processes
  • Ability to be adaptable and flexible as well as manage multiple tasks within day to day responsibilities
  • Strong analytical, and organizational skills
  • Self-starter able to manage responsibilities with minimal supervision
  • Strong technological skills and proficiency in MS Office including Excel, Word and PowerPoint
  • Fluency in Spanish a plus About Apple Leisure Group As North America's only vertically-integrated travel, hospitality and leisure management group, Apple Leisure Group is an industry innovator that combines the expertise of 14 leading brands. Our unique niche allows us the special opportunity to oversee every aspect of the travel experience, from the moment a guest books a trip to the time they return home. ALG consistently delivers exceptional value to travelers and strong performance to resort owners and partners by strategically leveraging the power of its portfolio of brands across five segments, comprising:
    • Vacations: The largest seller of vacation packages and charter flights in the U.S. for travel to Mexico and the Caribbean, moving approximately 3.2 million passengers annually through well-established vacation brands
    • Resort Brand Management: management of 5-star and 4-star luxury resorts through AMResorts-- award-winning brand portfolio
    • Destination Management Services: Best-in-class destination management services provided by Amstar-- DMC and Worldstar--
    • Loyalty Program: Exclusive loyalty program Unlimited Vacation Club--
    • Technology Solutions: Innovative technology solutions provider Trisept Solutions--, connecting over 88,000 travel agents with leading travel suppliers. To learn more about the Apple Leisure Group advantage, visit appleleisuregroup.com. Our Values At ALG, we call our employees Team Members, because we are more than just employees. We are united as a team, working toward a common mission and vision. Together, we are committed to live the core values by which we operate: We Are Hungry For More --- We do Everything With Passion Benefits at a Glance We offer competitive salaries and a comprehensive benefit package to our U.S. based employees:
      • Medical, Dental and Vision Insurance
      • Basic Life Insurance
      • Short & Long Term Disability
      • Corporate Wellness Program
      • Travel Discounts & Deals
      • Paid Time Off & Holidays
      • 401(k) Plan with Company Match
      • Tuition Reimbursement We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free and tobacco-free workplace and perform pre-employment background checks.

Keywords: Trisept Solutions, Philadelphia , Treasury Manager, Executive , Newtown Square, Pennsylvania