The Treasury Manager will be the architect of Dalfen Industrial's treasury infrastructure. This is a hands-on leadership role responsible for centralizing cash management, optimizing liquidity and designing/implementing best practices. This role will report to the Chief Accounting Officer and will be based in the Dallas, TX headquarters office.
Responsibilities: - Implementing overall treasury strategy and best practices
- Bank relationship management
- Creatively structure accounts (optimizing yield, minimizing fees, sweeps, ZBAs, other investment options, etc.)
- Account opening: put processes in place to have correct structure, yield, fraud protections, KYC in place on the front end.
- Account maintenance and monitoring: ongoing monitoring of yield and fees to identify billing errors and/or negotiate better terms proactively
- Daily cash reporting
- Liquidity forecasting at property, fund and corporate levels
- Manage intercompany settlements and capital injections between funds, REITs and property level SPEs.
- Maximize cash distributions to fund levels for recycling and/or distributions to investors.
- Partnering with finance team for treasury leverage related to lending deals
- Ensure proper segregation of duties are in place
- Managing fraud prevention policies and adapting based on changing risk landscape. (e.g. positive pay, callback verifications, dual factor authentication, other system controls)
- Potentially implement and manage a treasury management system with integrations to Yardi
- High level oversight of accounts payable function
Qualifications:- 5+ years experience in treasury for a real estate or PE firm (multi-location experience required)
- CTP preferred
- Strong understanding of different account structures and banking economics (e.g. ECR, sweeps, money market, ICS, etc.)
- Experience utilizing and implementing treasury management platform preferred.
