VSP Vision Care · 1 day ago
Senior Treasury Specialist
United States
Full-time
Remote
Mid, Senior Level
$17.85/hr - $28.88/hr
4+ years expVSP Vision Care is a company that specializes in vision care services, and they are seeking a Senior Treasury Specialist. The role involves managing complex bank activities, cash management, and ensuring accuracy in financial transactions while collaborating on month-end closing tasks and process improvements.
Insurance
Responsibilities
Perform moderate to complex bank activities, including decisioning ACH and POS Pay exceptions, daily cash management, bank reconciliations, voids/stop payments on checks, unclaimed property management, and various research activities across all supported lines of business
Responsible for handling and managing a variety of bank activities and transactions ensuring accuracy and proper funding
Investigate discrepancies, perform clearing entries, analyze cash accounts, and recommend process improvements to mitigate risk
Collaborate on month-end closing tasks including general ledger adjustments
Perform bank activities, including but not limited to ACH and Pos Pay exceptions, fraud prevention, reconciliations, voids/stop payments, unclaimed property, and research
Review daily bank balance for cash positions to ensure adequate funding for payments
Reconcile daily bank transactions in the system; investigate all discrepancies to ensure accurate reporting in the general ledger
Perform daily clearing entries and analyze all general ledger cash clearing accounts to ensure that transactions are posted and cleared in a timely manner
Analyze positive pay reporting for any discrepancies with the bank
Identify at-risk processes and recommend procedure changes to eliminate the potential for fraud
Coordinate the delivery of ACH returns and NSF payments to the appropriate department to process
Collaborate on month-end closing tasks, including but not limited to reconciliations and general ledger adjustments
Identify stale checks and create files to upload to the bank and in the system
Provide bank documents as needed to internal and external auditors
Provide accurate and complete information to business partners and assist them in understanding the cash management process
Assist other departments (e.g., audit, accounting) with information requests as needed
Problem-solve issues impacting cash accounts and collaborate with senior staff, and if necessary, other departments
Process levy payments; includes reviewing Levy notices for varying instructions on payments, verifying provider accounts, and requesting checks through A/P
Create and update procedure documentation as necessary
Act as a point of contact for the managed group inbox, including organizing and distributing inquiries, researching, and resolving a variety of complex issues from internal and external parties
Investigate and resolve system and/or process issues associated with cash reporting
Proactively identify issues, assess circumstances, and drive towards solutions that contribute to efficiency and optimization of cost-savings
Partner on higher-level tasks such as reconciliation and analysis of Treasury-related accounts and other complex ad hoc duties as needed
Qualification
Required
4+ years of experience in treasury operations, banking, or corporate finance
Knowledge of banking processes
Experience with SAP (preferably S4Hana)
Ability to perform detailed work with numerical data, analyze data, oversee assigned tasks and projects, make informed decisions, and meet tight deadlines
Strong problem-solving skills, basic accounting principles knowledge, documentation skills, research and resolution skills, data analysis, and multi-tasking skills
Ability to maintain confidentiality and adhere to security protocols, company policies and procedures, and internal control standards
Effective communicator, verbally and in writing
Clean credit history as reported by credit report
Ability to regularly exercise discretion and independent judgment in the performance of his/her job duties
Benefits
Eligible bonuses and commissions
VSP Vision benefits
Company
VSP Vision Care
We help people see by delivering what matters most to our members—quality care, personalized attention, and the best choices in eyewear at the lowest out-of-pocket cost.
Founded in 1955Rancho Cordova, CA, US
1001-5000 employees
H1B Sponsorship
VSP Vision Care has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (20)
2024 (16)
2023 (8)
2022 (21)
2021 (16)
2020 (15)
Funding
Current Stage
Late StageLeadership Team
Dan Schauer
Senior Vice President & General Manager – Strategic Partners and Government Business
Terri Wilson
SVP/GM Health Care Partners and Solutions
Recent News
Sacramento Business Journal
2024-02-03
Business Journals
2022-07-12
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