Benefit Plan Treasury Specialist

Position Overview

The Treasury Specialist supports the daily treasury operations by managing banking accounts, orchestrating funding activities, and monitoring and reconciling account transactions. This role plays a key part in managing liquidity, ensuring compliance, and enhancing treasury process efficiencies—leveraging Third-Party Administrator partners and platforms, payments partners, and banking partners to automate tasks, increase efficiencies, and ensure accuracy.

Key Responsibilities

• Bank Accounts & Funding
• Manage setup, maintenance, and reconciliation of domestic and claims payment accounts
• Oversee processing of electronic and check payments, including the approval process for the release of claims payments, stop loss funding, and oversight of adequate funding to ensure timely operations
• Transaction Monitoring & Control
• Oversee daily cash positions, reconcile account balances, and identify / investigate discrepancies
• Maintain control over electronic cash receipts and disbursements
• Participate in bank fee tracking and analysis to optimize costs
• Cash Forecasting & Liquidity
• Support daily and monthly cash forecasting and liquidity planning
• Collaborate with finance teams and business units to reconcile forecast variances
• Banking Relationship Management
• Interface with bank(s) and payment partner for account maintenance, to resolve discrepancies, and to integrate systems
• Process Improvement & Controls
• Identify and recommend process improvements
• Enhance controls over treasury functions
• Implement and maintain internal controls and ensure regulatory compliance
• Technical & Reporting
• Develop and maintain scripts / macros to automate reconciliation, reporting, and transaction processes
• Prepare reports on funding activity, cash balances, bank reconciliations, and fee analysis

Why Join Us?

As a Treasury Specialist, you’ll play a pivotal role in establishing and ensuring smooth financial operations that support our clients’ retirement and benefit plans. You’ll also have the opportunity to shape and enhance processes through automation and strong operational frameworks.

Requirements

Benefits

At Crumdale, we strive to provide a comprehensive and supportive benefits package to ensure the well-being of our employees. Our benefits include :

Please note : Crumdale Specialty is not engaging with external recruitment agencies; please refrain from contacting us regarding this position.