ECLARO
This range is provided by ECLARO. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $130,000.00/yr - $150,000.00/yr
Treasury Manager About the Role
We are seeking an experienced Treasury Manager to oversee funding, payment processing, reconciliations, and financial controls within our Merchant Cash Advance (MCA) and loans operations.
This role is critical to ensure that deals are processed accurately, merchant payments are tracked properly, and accounting standards are upheld.
The ideal candidate has strong leadership skills, attention to detail, and a solid background in accounting/financial operations within MCA, loans or financial services.
The role partners closely with the Chief Accounting and Chief Financial Officers with exposure to the Chief Operating and Chief Executive Officers.
This position requires an individual who takes ownership of the area and is a manager/player.
Key Responsibilities Funding & Deal Processing
Supervise daily processing of MCA deals, ensuring contracts, bank statements, and ACH setup are accurate and complete.
Coordinate with underwriting, funding, and legal teams to resolve discrepancies, if any, before release of funds.
Oversee ACH pulls, wire transfers, and credit card splits to ensure timely and accurate execution.
Set up and approve wires as needed with a team of 3 to 4 subordinates.
Payment & Collections Accounting/Cash Management
Manage posting and reconciliation of merchant remittances, including ACH debits, lockbox, and credit card splits.
Investigate and resolve payment discrepancies, chargebacks, and failed debits.
Work with Sales Director regarding broker commission claw backs.
Ensure settlements, renewals, and payoffs are processed correctly.
Maintain banking relationships and move cash as appropriate between banks to meet daily cash requirements.
Maintain and create wire templates, A/P templates and other banking templates for external payments.
Set up payments for accounts payable.
Maintain monthly interest and quarterly dividend payments.
Oversee daily, weekly, and monthly reconciliations of merchant payments and bank accounts in subsidiary ledger system.
Administrator of all bank relationships.
Administrator of corporate credit cards.
Manage close process related to cash transactions and credit card payments.
Maintain Corporate Promissory Notes ledger and interest calculations.
Maintain data for annual 1099 reporting.
Support internal audits, compliance checks, and third‑party reporting.
Payroll Processing
Partner with PEO Provider to ensure timely payroll processing including the collection of overtime hours, part‑time hours and special payrolls.
Partner with Sales Director for monthly employee sales commission payouts.
Risk & Compliance Control
Ensure adherence to regulatory standards and internal controls.
Maintain proper documentation and record‑keeping for all transactions.
Supervise and train back‑office accounting and processing staff of 4.
Assign tasks, monitor workloads, and provide coaching on complex processing issues.
Foster a culture of accuracy, accountability, and continuous improvement.
Process & Systems Management
Ensure data integrity across CRM, ACH platforms, MCA Platform, and accounting software.
Identify process inefficiencies and recommend improvements to enhance accuracy and speed.
Partner with Collections, Underwriting and Legal teams.
Partner with IT/Tech teams on system upgrades or integrations.
Qualifications
Bachelor's degree in accounting, Finance, Business Administration, or related field (or equivalent work experience).
8+ years of experience in treasury (cash management), accounting, payment processing, or financial operations (MCA/alternative lending experience strongly preferred).
Previous supervisory or team lead experience required.
Strong knowledge of ACH processing, wire transfers, reconciliations, and accounting principles.
Familiarity with MCA deal structures, underwriting, and collections processes is a plus.
Proficient in accounting software, CRM systems, and Microsoft Excel (advanced skills preferred).
Excellent organizational, analytical, and problem‑solving skills.
Strong leadership and communication skills with the ability to manage multiple priorities.
Seniority level Executive
Employment type Full‑time
Job function Management
Industries Investment Banking
Referrals increase your chances of interviewing at ECLARO by 2x
Sign in to set job alerts for “Treasury Manager” roles. We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Base pay range $130,000.00/yr - $150,000.00/yr
Treasury Manager About the Role
We are seeking an experienced Treasury Manager to oversee funding, payment processing, reconciliations, and financial controls within our Merchant Cash Advance (MCA) and loans operations.
This role is critical to ensure that deals are processed accurately, merchant payments are tracked properly, and accounting standards are upheld.
The ideal candidate has strong leadership skills, attention to detail, and a solid background in accounting/financial operations within MCA, loans or financial services.
The role partners closely with the Chief Accounting and Chief Financial Officers with exposure to the Chief Operating and Chief Executive Officers.
This position requires an individual who takes ownership of the area and is a manager/player.
Key Responsibilities Funding & Deal Processing
Supervise daily processing of MCA deals, ensuring contracts, bank statements, and ACH setup are accurate and complete.
Coordinate with underwriting, funding, and legal teams to resolve discrepancies, if any, before release of funds.
Oversee ACH pulls, wire transfers, and credit card splits to ensure timely and accurate execution.
Set up and approve wires as needed with a team of 3 to 4 subordinates.
Payment & Collections Accounting/Cash Management
Manage posting and reconciliation of merchant remittances, including ACH debits, lockbox, and credit card splits.
Investigate and resolve payment discrepancies, chargebacks, and failed debits.
Work with Sales Director regarding broker commission claw backs.
Ensure settlements, renewals, and payoffs are processed correctly.
Maintain banking relationships and move cash as appropriate between banks to meet daily cash requirements.
Maintain and create wire templates, A/P templates and other banking templates for external payments.
Set up payments for accounts payable.
Maintain monthly interest and quarterly dividend payments.
Oversee daily, weekly, and monthly reconciliations of merchant payments and bank accounts in subsidiary ledger system.
Administrator of all bank relationships.
Administrator of corporate credit cards.
Manage close process related to cash transactions and credit card payments.
Maintain Corporate Promissory Notes ledger and interest calculations.
Maintain data for annual 1099 reporting.
Support internal audits, compliance checks, and third‑party reporting.
Payroll Processing
Partner with PEO Provider to ensure timely payroll processing including the collection of overtime hours, part‑time hours and special payrolls.
Partner with Sales Director for monthly employee sales commission payouts.
Risk & Compliance Control
Ensure adherence to regulatory standards and internal controls.
Maintain proper documentation and record‑keeping for all transactions.
Supervise and train back‑office accounting and processing staff of 4.
Assign tasks, monitor workloads, and provide coaching on complex processing issues.
Foster a culture of accuracy, accountability, and continuous improvement.
Process & Systems Management
Ensure data integrity across CRM, ACH platforms, MCA Platform, and accounting software.
Identify process inefficiencies and recommend improvements to enhance accuracy and speed.
Partner with Collections, Underwriting and Legal teams.
Partner with IT/Tech teams on system upgrades or integrations.
Qualifications
Bachelor's degree in accounting, Finance, Business Administration, or related field (or equivalent work experience).
8+ years of experience in treasury (cash management), accounting, payment processing, or financial operations (MCA/alternative lending experience strongly preferred).
Previous supervisory or team lead experience required.
Strong knowledge of ACH processing, wire transfers, reconciliations, and accounting principles.
Familiarity with MCA deal structures, underwriting, and collections processes is a plus.
Proficient in accounting software, CRM systems, and Microsoft Excel (advanced skills preferred).
Excellent organizational, analytical, and problem‑solving skills.
Strong leadership and communication skills with the ability to manage multiple priorities.
Seniority level Executive
Employment type Full‑time
Job function Management
Industries Investment Banking
Referrals increase your chances of interviewing at ECLARO by 2x
Sign in to set job alerts for “Treasury Manager” roles. We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr