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MHP (Massachusetts Housing Partnership) · 1 day ago

Treasury Manager

Boston, MA

Full-time

Hybrid

Mid, Senior Level

$120K/yr - $145K/yr

5+ years exp

Massachusetts Housing Partnership (MHP) is a public, non-profit organization that expands access to affordable housing and promotes housing equity in communities across the Commonwealth. The Treasury Manager plays a critical role in optimizing funding strategies, overseeing loan disbursements, and ensuring cash accounts are funded to facilitate seamless financial transactions while ensuring compliance with regulatory and lender requirements.

Financial ServicesNon ProfitReal Estate

No H1B

Responsibilities

Manage relationships with investment advisors, general banking and borrowing partners, representing over 30 financial institution relationships

Maintain MHP’s banking websites, authorized signers, and other account access authorizations

Ensure banking tools are current and utilized as appropriate

Monitor and reconcile reported balances and activity against MHP records

Maintain adequate cash balances and forecasts for day-to-day and long-term operations to maximize both liquidity and investment yield

Ensure program funds balances are adequate for pipeline activity in collaboration with Director of Financial Operations

Assist with budgeting and long-range planning (e.g., business projections, investment and interest income forecast, and short/long-term cash and investment balance forecasts)

Manage all restricted and unrestricted funds to ensure proper segregation of funds

Oversee all payment and receipts processing, fund transfers to ensure completeness, accuracy and compliance with internal controls

Monitor and review Investment portfolio to ensure compliance with Investment Policy

Monitor investment performance, MHP balance sheet loan investments, and make investment recommendations to Director of Finance as opportunities arise

Manage and ensure prompt responses to daily operational inquiries, issues and research as requested

Prepare annual investment report for the board of directors as required by the investment policy

Monitor and report on invested cash and analyze yields as requested

Prepare assigned audit schedules and draft financial statements according to documented timetable

Responsible for adherence to regulatory agency guidelines and required reporting

Perform and review monthly bank reconciliations as assigned

Qualification

Treasury managementCash flow forecastingFinancial reportingInvestment oversightBanking operationsERP systemsAnalytical skillsCommunication skillsProblem-solvingAttention to detailAdaptability

Required

Minimum of 5 years of progressive experience in treasury management, cash operations, investment oversight, and loan/asset management

Strong knowledge and experience with financial reporting, audits and regulatory compliance

Demonstrated expertise in cash flow forecasting, cash positioning, liquidity management, and banking operations

Proven ability to execute time-sensitive cash movements, including daily cash positioning, wire transfers, ACH activity, and short-term investment or funding decisions to ensure liquidity needs are met without interruption

Proven experience effectively managing banking relationships, overseeing investment portfolios, and administering loan disbursements

Ability to manage multiple, time-sensitive and competing priorities including audits, month/quarterly reporting cycles, reconciliations and compliance deadlines

Highly proficient in financial software, ERP systems (e.g., Sage Intacct), and comfort working with advanced financial reporting tools

Excellent communication and relationship-building and management skills to collaborate effectively with internal teams, external banking partners, auditors and investment advisors

Strong analytical and problem-solving abilities with the capacity to diagnose issues, recommend solutions, and escalate appropriately when needed

Exceptional attention to detail to ensure accuracy in financial records, reconciliations, and reporting

Demonstrated ability to work independently, exercise sound judgement, and consistently meet deadlines

Demonstrated flexibility and adaptability in navigating evolving tools, technologies, and organizational processes

Comfort learning new systems, adjusting to shifting workflows, and responding effectively when external factors require quick pivots

A commitment to continual learning and the ability to adapt in a dynamic environment

Bachelor's or master's degree in accounting, finance, or related field, or equivalent knowledge, skills and experience

Applicants must be authorized to work for any employer in the U.S

Preferred

Experience working within government, quasi-public agencies, or nonprofit organizations is highly preferred

Familiarity with endowment or fund management is considered a strong plus

Benefits

Hybrid and flexible work schedule

Health insurance through the state’s Group Insurance Commission

403b retirement plans wand employer match of up to 10% and immediate vesting

Annual 5-week paid time off (PTO) benefit and 13 paid holidays

Fully paid group term life, short-term and long-term disability insurance

Dental insurance through MetLife with 90% of premium covered by MHP

Vision insurance through VSP with 50% of premium covered by MHP

Medical and dependent care Flexible Spending Accounts

Public transportation reimbursement

Tuition reimbursement up to $10,000

Professional development resources and assistance

First time homebuyer assistance up to $20,000

Generous home office benefit

Membership discount for onsite gym

Company

MHP (Massachusetts Housing Partnership)

The Massachusetts Housing Partnership (MHP) is a public, non-profit organization that expands access to affordable housing and promotes housing equity in communities across the Commonwealth.

Founded in 1985

Boston, Massachusetts, USA

51-200 employees