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Paychex · 15 hours ago

Treasury Operations Analyst

Cincinnati, OH

Part-time

Hybrid

Entry Level

$61K/yr - $95K/yr

1+ years exp

Paychex is a leading provider of HR, payroll, and benefits solutions for American businesses. The Treasury Operations Analyst will perform operational functions related to the company's liquidity position, account reconciliation, and internal controls, ensuring effective cash management and compliance with financial processes.

AccountingBookkeeping and PayrollFinancial ServicesHuman ResourcesSoftware

Responsibilities

Gathers and evaluates information from multiple sources in support of the daily cash position and settlement processes to ensure that investment returns on Paychex corporate and client fund assets are maximized

Monitors the collection and processing of bank account data that is used by Paychex accounting groups to reconcile bank accounts, researching discrepancies as needed

Monitors the company’s FedWire and ACH payment queues to ensure that internal controls are met and payments are approved and released to payment systems in a timely manner

Communicates periodically with Paychex Managers, Directors, and Officers in regards to treasury matters to provide updates on support research and internal control requirements

Analyzes service fees billed by Tier II and III banking partners to ensure that volumes are appropriate and that unit costs are aligned with negotiated contracts

Works with Paychex Business Units, IT, and banking partners to research issues impacting the company’s liquidity position or Treasury systems, ensuring accuracy and mitigating fraud

Maintains a general to intermediate understanding of these functions and multiple third party software applications used by the Treasury Department to support its internal business partners

Maintains a general understanding of Paychex products and corporate cash flows to ensure that appropriate liquidity positions are maintained in all company bank accounts