Better

Treasury Manager

Gurugram, HR, IN

$100
2 days ago
Save Job

Summary

Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner. We leverage creative technology and innovation to make the home buying journey more approachable and understandable and home finance more affordable and accessible. Here are some interesting facts to help you get to know Better:


  • We’ve funded over $100 billion in loans for our customers, more than any other fintech
  • We ranked #1 in the U.S. on LinkedIn's Top Startups 2020 and 2021
  • We are Forbes’ Best Online Mortgage Lender for 2023
  • We are USA Today’s Best Mortgage Lenders of 2023, Best for FHA Loans
  • We have raised over $1.2 billion in equity capital to transform the mortgage industry, the largest financial asset class in the world
  • And we’re just getting started!



We are a place where smart, hungry, ambitious people who want to recognize their full potential thrive.

About the Role :
Responsible for the planning and execution of day-to-day and period-end Treasury activities including managing the company’s cash flow forecast, identifying cost-saving and profit maximizing opportunities and ensuring compliance with company, department and audit standards to maximize the protection of the company’s cash assets. Oversees the revenue of business. Partners with the Assistant Treasurer / Treasurer to create the vision, strategy and standards by which the Treasury department provides leadership and value to the organization. Manages all banking needs.

Primary Functions And Essential Responsibilities

  • Identify opportunities and implement treasury-related business process improvements including multi-lateral netting and cash pool structures via in-house banking
  • Review, approve and release electronic disbursements
  • Develop and support treasury policies, procedures and controls
  • Support special projects and acquisitions as assigned
  • Lead the treasury month-end close process including the review and accurate recording of weekly cash activity to the general ledger
  • Supervise maintenance and update signatories on every global bank account
  • Oversee the monthly reconciliation of all company bank accounts
  • Review and approval of ACH and wire payments
  • Daily cash positioning and reporting
  • Track cash investment activities
  • Troubleshoot daily transaction issues
  • Prepare, review and maintain SOX compliance within the department; ensure proper controls exist over cash receipts, disbursements and general treasury activities
  • Perform periodic cost review of bank fees
  • Review and negotiate treasury contracts with banks
  • Identify and recommend process improvements
  • Oversee daily cash forecast and global cash position reporting
  • Identify opportunities for and support global cash movements including documentation of intercompany loans
  • Maintain strong bank relationships while managing global banking structure
  • Leverage existing banking relationships to open, manage and maintain domestic and foreign bank accounts
  • Monitor and oversee existing bank account services and signatories including bank account administration for opening, migrating and closing accounts
  • Evaluate and recommend banking products, services and platforms as appropriate
  • Serve as primary administrator on online banking platforms, FX-All and other treasury platforms
  • Monitor FX exposures and develop recommendations to create natural currency hedges
  • Assist with development, maintenance and operations of other hedging activities including exposure gathering
  • Effectively work with and support internal business partners including AR, AP, legal, tax and IT
  • Work with internal and external auditors
  • Manage corporate card, ACH debits and credit card
  • Develop, monitor and upgrade treasury department budget



Qualifications
EDUCATION


  • Bachelor’s degree in accounting or finance required
  • MBA preferred



RELEVANT CERTIFICATIONS


  • CTP
  • CPA
  • Project Management Professional (PMP) certification



Knowledge Required

  • Excellent communication skills in dealing with internal and external customers and business partners
  • Strong analytical, financial and systems skills, including advanced spreadsheet and modeling skills
  • Strong experience with bank reconciliations
  • Knowledge of banking systems and experience with wire and ACH templates is a plus
  • Self-motivation and attention to detail



Experience Required

  • 7+ years of accounting and/or treasury experience



Skills / Abilities

  • Strong organizational and decision-making skills
  • Ability to meet deadlines
  • Project management skills
  • Ability to lead and manage
  • Analytical skills



Company Benefits
In Office Perks

Experience our comprehensive office perks, including daily meals and transport facility for commuting to and from the office, available for all employees coming to the office.

Health & Well-being

Our comprehensive medical plan is available for you, your spouse and dependents. Employees are covered under Mediclaim, Group Term life insurance and Accidental insurance.

Other Perks at Better

Experience flexibility with our night shift allowance, work from home allowance and transportation allowance, where applicable. We prioritize your convenience.

How strong is your resume?

Upload your resume and get feedback from our expert to help land this job

People also searched: