Head of Treasury Services

Company: YMCA
Location: New York
Posted on: November 13, 2024

Job Description:

Salary: $165,000 AnnuallyThe YMCA of Greater New York is here for all New Yorkers - to empower youth, improve health, and strengthen community. Founded in 1852, today the Y serves a diverse population of more than half a million New Yorkers who learn, grow, and thrive through programs and services at our 24 branches. Community is the cornerstone of the Y. Together, we connect active, engaged New Yorkers to build stronger communities.To help fulfill our mission, we cultivate a culture of learning, leading, and collaboration to enhance community impact. Through our talented staff and "LEAP" career framework (Leadership, Empowerment, Accountability, Personal Growth), we are committed to a people-first approach that fosters trust, inclusion, growth, and development for all.The YMCA of Greater New York Association Office is seeking a Head of Treasury Services. The Head of Treasury Services is charged with carrying out the financial policies of the Association. This position is responsible for the Association's Treasury Management functions which include Cash Management, Credit Card/Bank Draft/Redraft processing, Payroll, Accounts Payable, Purchasing Card program, Procurement of goods and services strategies, Vendor Qualification process, and compliance reporting.Key Responsibilities:

• Directs and monitors the Association's Treasury Cash Management function.
• Manage the Association's cash flow and forecasting. Initiate or approve/release all transfers, intra- and interbank, domestic, and foreign. Serve as the System Administrator for JPMorgan Chase and other banks as required and as the primary contact for all daily banking transactions.
• Develop/perform/oversee financial analyses related to Treasury/Cash Management, including topics such as Endowment Funds, banking fees, cash flow, etc.
• Assist in preparing the Investment Commitment book and related materials. Participate in the Investment Committee meetings and prepare minutes.
• Responsible for running bimonthly monthly credit card/bank draft and six (6) credit card redraft recurring payments processes.
• Directs the Association's Purchasing Card program. Develop/perform analysis on spending trends and audit card usage. Act as system administrator for the Purchasing Card program.
• Responsible for the Payroll function of the Association, including the accurate and timely funding of payroll with third parties for both net pay and all related taxes. Responsible for the accuracy of all state and federal tax returns filed quarterly, as well as the accurate production of W-2s for employees.
• Responsible for the Accounts Payable department, including the correct set-up/maintenance of suppliers, accurate 1099 reporting, and serving as a resource to branch and AO staff as well as to suppliers. Develop/perform analysis of spending history and trends for review by Management and Board Volunteers.
• Directs the CONNECT purchasing function to ensure that Purchase Orders are used extensively across the Association and that all open purchase orders are reviewed and resolved. Ensure that the receiving function is completed so that supplier invoices can be paid. Work closely with suppliers, Business Managers, Association Office staff, and other individuals throughout the Association on all purchase order matters and related training.
• Directs the Procurement of goods and services strategies and the Vendor Qualification process, including certificate of insurance and M/WBE tracking on selected vendor types.
• Responsible for Compliance reporting relating to bonds/loans and Compliance calendar with notification process for Finance Department.Desired Skills & Experience:
• Ten (10) or more years of experience in a related field (Banking, Treasury Management, Finance). MBA desired.
• Knowledge of Cash/Treasury Management and GAAP.
• Knowledge of computer applications, taxes, and payroll systems.
• Fluent in Microsoft Office with an emphasis on Excel and Word. Advanced in Excel desired.
• Knowledge of nonprofit accounting, budgeting, management techniques, compliance requirements, banking systems, and relations.
• Knowledge of Oracle, Salesforce, and Workday desired.Benefits:The YMCA of Greater New York offers a variety of benefits to its staff members, including retirement benefits, medical, paid time off, free YMCA membership, and more! Benefit eligibility is determined by an individual's employment status (i.e., full-time or part-time), tenure, and/or the number of hours scheduled to work. Click for more information.How to Apply:If you would like to be a member of our dynamic team, please complete our and submit your r--sum-- and a thoughtful cover letter that explains your interest in the role and our organization.If you are a current YMCA employee, please submit your application through the in Cornerstone.
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Keywords: YMCA, Westport , Head of Treasury Services, Accounting, Auditing , New York, Connecticut