Treasury Analyst, Cash Operations and Merchant Services
Stanford University

Job Info

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Treasury Analyst, Cash Operations and Merchant Services🔍Business Affairs: Financial Management Services (FMS), Redwood City, California, United StatesNew📁Finance📅3 days ago Post Date📅105213 Requisition #

OVERVIEW:

This is a 6-month fixed term position.

The expected pay range for this position is $89,914 to $90,000 per annum.

Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. The pay offered to a selected candidate will be determined based on factors such as (but not limited to) the scope and responsibilities of the position, the qualifications of the selected candidate, departmental budget availability, internal equity, geographic location and external market pay for comparable jobs.

At Stanford University, base pay represents only one aspect of the comprehensive rewards package. The Cardinal at Work website (https://cardinalatwork.stanford.edu/benefits-rewards) provides detailed information on Stanford's extensive range of benefits and rewards offered to employees. Specifics about the rewards package for this position may be discussed during the hiring process.

Stanford University seeks people committed to excellence and to improving our world and, in turn, is dedicated to supporting its employees as they develop their careers and enrich their lives.

Stanford's Business Affairs provides administrative policies, infrastructure, systems, services, and support for the benefit of the university community.

Financial Management Services (FMS), a department within Business Affairs, is responsible for creating an ecosystem which promotes innovative and sound financial administration policies and practices that balance controls, compliance, and customer service. FMS is primarily responsible for financial policy oversight, quality assurance and financial services at Stanford University and its affiliated entities. It also serves as a liaison to the hospitals and the Stanford Linear Accelerator Center (SLAC). The FMS work environment is grounded by core values that include cultivating growth, celebration and appreciation, and collaborating with curiosity in order to nurture an inclusive environment where everyone is valued, respected, and can thrive.

Stanford University is hiring a Treasury Analyst to join our Cash Operations team. The Treasury Analyst will be responsible for certain day-to-day Treasury operations, including daily cash positioning activities, merchant services activities, maintaining bank accounts and vendor relationship information and records.This position will work collaboratively to meet the university's escheatment and asset recovery requirements.

JOB PURPOSE:

Note: Not all unique aspects of the job are covered by this job description

Manage the daily cash operations including daily cash positioning, ensure timely internal funds flow, execute payment transactions, provide audit support, manage the petty cash program, and annual FBAR reporting.Assist with the foreign exchange hedging program, maintaining the banking structure, meeting bank regulations and compliance requirements, and supporting department metrics and reporting.

CORE DUTIES*:

• Daily Cash Operations: Perform tasks to settle the daily cash position, including transferring investments and redemptions, and handling unidentified receipts.

• Bank Account Management: Open and close bank accounts, implement treasury products or services, and maintain banking information with regular updates. Ensure compliance with bank regulatory requirements such as AML/KYC, updated signatures, and proof of beneficial ownership.

• Reconciliation and Reporting: Conduct reconciliations and run month-end and year-end close processes. Develop sophisticated financial reports and presentations using GTreasury, Tableau, and other data systems.

• Support Requests: Monitor and assist with support requests related to system access, training updates, revenue and expense postings, and other cash management or merchant services issues.

• Escheatment and Asset Recovery: Interact with departments to handle escheatment submissions and work with consultants to recover assets belonging to Stanford from the states.

• Petty Cash and Audits: Coordinate the management of petty cash accounts, facilitate audits by providing vital documentation, and maintain the relationship with the document storage vendor.

• Project Participation: Actively participate in project teams to support new initiatives, define requirements, develop and implement test cases, and analyze results.

• Operational Improvement: Analyze existing systems and processes to find opportunities for improvement and efficiency gains.

• Documentation: Maintain desktop procedures and process documentation for the Office of the Treasurer's Cash Operations.

* - Other duties may also be assigned

MINIMUM REQUIREMENTS:

Education & Experience:

Bachelor's degree and four years of relevant experience preferred or combination of education and relevant experience.

Knowledge, Skills and Abilities:

• Advanced proficiency in business applications, such as Microsoft Office suite, especially Excel.

• Demonstrated knowledge of financial systems, the internet, and computer literacy.

• Knowledge of Generally Accepted Accounting Principles (GAAP) helpful

• Strong communication skills, including the ability to prepare materials for and clearly and effectively communicate information to internal and external audiences and client groups.

• Demonstrated project management skills and ability to contribute to or lead part of a multi-functional team.

Certifications and Licenses:

Certified Treasury Professional (CTP) Preferred

PHYSICAL REQUIREMENTS*:

• Constantly sitting.

• Frequently perform desk-based computer tasks, use telephone, writing by hand, sort/file paperwork.

• Occasionally stand/walk, lift/carry objects weighing 11-20 pounds.

• Rarely reach/work above shoulder.

* - Consistent with its obligations under the law, the University will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job.

WORKING CONDITIONS:

• Routine extended working hours during peak cycles; travel to school/unit sites across university.

WORK STANDARDS:

• Interpersonal Skills: Demonstrates the ability to work well with Stanford colleagues and clients and with external organizations.

• Promote Culture of Safety: Demonstrates commitment to personal responsibility and value for safety; communicates safety concerns; uses and promotes safe behaviors based on training and lessons learned.

Subject to and expected to comply with all applicable University policies and procedures, including but not limited to the personnel policies and other policies found in the University's Administrative Guide, http://adminguide.stanford.edu.

Why Stanford is for You:

Stanford University has revolutionized the way we live and how it enriches the world. Supporting this mission is our diverse and dedicated 17,000 staff. We seek talent driven to impact the future of our legacy. Our culture and unique perks empower you with:

Freedom to grow. We offer career development programs, tuition reimbursement, or audit a course. Join a TedTalk, film screening, or listen to a renowned author or global leader speak.

A caring culture. We provide superb retirement plans, generous time-off, and family care resources.

A healthier you. Climb our rock wall or choose from hundreds of health or fitness classes at our world-class exercise facilities. We also provide excellent health care benefits.

Discovery and fun. Stroll through historic sculptures, trails, and museums.

Enviable resources. Enjoy free commuter programs, ridesharing incentives, discounts and more!

Redwood City. Our new Stanford Redwood City campus, which opened in 2019, is the workplace for approximately 2,700 staff, including FMS, whose jobs are important to supporting the university's mission. The campus will offer amenities such as onsite cafes and a dining pavilion, a high-end fitness facility with an outdoor pool, and a childcare center for Stanford families.

The job duties listed are typical examples of work performed by positions in this job classification and are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities. Specific duties and responsibilities may vary depending on department or program needs without changing the general nature and scope of the job or level of responsibility. Employees may also perform other duties as assigned.

Consistent with its obligations under the law, the University will provide reasonable accommodations to applicants and employees with disabilities. Applicants requiring a reasonable accommodation for any part of the application or hiring process should contact Stanford University Human Resources by submitting a contact form.

Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.

Additional Information

• Schedule: Full-time
• Job Code: 4451
• Employee Status: Fixed-Term
• Grade: G
• Requisition ID: 105213
• Work Arrangement : Hybrid Eligible

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