Treasury Specialist | MAA Corporate Headquarters

The Treasury Specialist operates under the general supervision of the Director, Treasury and prepares the daily bank reporting for MAA. Additional responsibilities include monitoring property deposits and creating daily deposit reports; preparing ACH’s, wires and book transfers daily; processing various banking functions such as petty cash and credit card programs, stop payments and corporate bank deposits. The successful candidate will embody and work to reinforce MAA’s Core Values. Those values include:

• Appreciating the uniqueness of each individual
• Communicating openly and with integrity
• Embracing opportunities
• Doing the right thing at the right time for the right reasons

Duties and Responsibilities

• Coordinates corporate travel and expenses (T&E) and property petty cash credit card programs. Applies policies and discretion to the adjustment of credit limits and with appropriate approvals. Adds and removes cardholders as function of employment status. Works with cardholders and banks to research and resolve fraudulent activity on T&E and petty cash cards.
• Polls banking institutions daily and prepares related transaction and account balance reports. Uploads Banking Administration Institute (BAI) files to reconciliation software daily for use by Treasury and Accounting. Monitors daily transactions and provides all related supporting details to Accounting. Communicates with banks to resolve issues.
• Prepares documentation for and initiates ACH’s, wires and book transfers as required.
• Handles miscellaneous bank functions such as stop payments, rent drafts and bank deposits. Orders new bank deposit slips and stamps for the properties and assists the properties with any daily banking issues. Reviews banking transactions to ensure accurate and appropriate funding transfers and researches and resolves issues.
• May assist with all annual lender-required property inspections with onsite management, lenders and/or third-party inspectors. Ensures inspections are scheduled and reported deferred maintenance items are resolved. Provides instruction and guidance to on-site management on inspection process and expectations. Tracks and reports on all phases of inspections for each property from initiation to completion.
• Prepares security deposit reconciliation report and transfers funds for accounting as needed.
• Contributes to the maintenance of treasury usage records for internal auditors.
• Compiles, scans, and files monthly debt service invoices and updates debt statement schedule accordingly.
• Contributes to the preparation of quarterly covenant compliance certificates.
• Assists with the preparation and distribution of quarterly financial statements to lenders and trustees. Ensures distribution lists are accurate and up to date.
• Performs other related duties as assigned to meet the needs of the business.

Required Qualifications

• Bachelor’s degree in Finance, Accounting or related field required.
• One to two years of experience in banking, accounting, finance or related field required, or an equivalent combination of education and experience.

Preferred Qualifications

• Banking and/or treasury experience strongly preferred.

Knowledge, Skills, and Abilities

• Knowledge of banking and treasury functions, principles and practices
• Knowledge electronic payment methods and various alternatives for collecting and disbursing cash
• Quantitative analytical skills and attention to detail
• Business and financial acumen
• Organizational and process management skills
• Written and verbal communication skills, including delivering presentations
• Ability to operate independently and collaboratively within a team
• Computer skills with Microsoft Office applications (Excel, Outlook, PowerPoint, Word)

Physical and Environmental Requirements

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms.
• This position requires the ability to occasionally lift office products and supplies, up to 20 pounds.
• This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Disclaimer

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.