Treasury Specialist

Company: Hastings Center, Inc.
Location: Washington
Posted on: March 20, 2025

Job Description:

The Talent Acquisition department hires qualified candidates to fill positions which contribute to the overall strategic success of Howard University. Hiring staff "for fit" makes significant contributions to Howard University's overall mission.At Howard University, we prioritize well-being and professional growth.Here is what we offer:

• Health & Wellness: Comprehensive medical, dental, and vision insurance, plus mental health support
• Work-Life Balance: PTO, paid holidays, flexible work arrangements
• Financial Wellness: Competitive salary, 403(b) with company match
• Professional Development: Ongoing training, tuition reimbursement, and career advancement paths
• Additional Perks: Wellness programs, commuter benefits, and a vibrant company cultureJoin Howard University and thrive with us!Facilitates daily treasury operations and provides accurate cash reporting. Produces reports to aid in the assessment of cash needs for the University and assists with other treasury functions. Works cross functionally with the Finance team (General Accounting, Payroll and Accounts Payable), Student Financial Services and Grants.Treasury Operations/Cash ManagementPRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES
• Prepares the daily Cash Position report, including all operational account credits and debits.
• Prepares daily report detailing incoming funds (Tuition payments and grant drawdowns) to Student Financial Services and Grants.
• Reviews, initiates, and processes Wire Transfers (foreign and domestic).
• Processes Inter-company transfers.
• Deposits all incoming checks (Departmental revenue, Accounts Payable and Payroll credits, Donations, and Grants).
• Prepares the monthly report of all deposited checks.
• Provides check deposit supporting documentation, including Excel and PDF format to assist Controller's Office with monthly reconciliation.
• Processes Grant drawdowns via online portals (Dept. of Ed. G-5, NSF, Payment Management System - PMS).
• Processes various tax payments online (Unemployment, Property, Sales & Use, and State taxes).
• Processes Positive Pay exceptions via online bank portal.
• Cancels vendor checks as requested by Accounts Payable.
• Processes reversal of direct deposit transactions as requested by Payroll and Accounts Payable.
• Manages the unclaimed property process.
• Responsible for processing monthly the "Each One-Reach One" online donations as requested by Advancement.
• Responsible for obtaining and maintaining "Good standing" for the District of Columbia and State of Maryland Certificate of Clean Hands.
• Obtaining and maintaining the University's Basic Business License.
• Responsible for the completion of Vendor ACH Authorization request forms as requested by departments throughout the University.
• Monitors Merchant Services/Credit Card processing and monthly reporting.
• Responsible for processing and depositing of BNY Mellon Trust Account checks.
• Administers the HUH Trust account with BONY; malpractice settlement payments, insurance premiums; receipt wire disbursement request letters from Hospital (review support for letters; review account balance in trust fund (advise Hospital to transfer/fund Trust account from their operating account); sign letter authorizing the payment of funds.Investments
• Initiates wires for all debt service and debt related payments.
• Initiates all investment capital calls and disbursements.
• Maintains files for all investment documents (financial statements, capital calls/distributions, tax documents (K1's), and any misc. correspondences).Compliance Salary Range DisclosureExpected Salary Range: $70,000 - $80,000About UsHoward University is a comprehensive, research-oriented, historically Black private university providing an educational experience of exceptional quality to students of high academic potential with particular emphasis upon the provision of educational opportunities to promising Black students. Further, the University is dedicated to attracting and sustaining a cadre of faculty who are, through their teaching and research, committed to the development of distinguished and compassionate graduates and to the quest for solutions to human and social problems in the United States and throughout the world.Howard University does not discriminate on the basis of race, color, national and ethnic origin, sex, sexual orientation, gender or gender identity, marital status, religion, disability or protected veterans status. Veterans and people with disabilities are encouraged to apply.Inquiries regarding provisions for persons with disabilities or veterans status, Equal Employment Opportunity and Title IX should be directed to the Office of Employee Relations and Equal Employment Opportunity at 202-806-1280.This position description should not be construed to imply that these requirements are the exclusive standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as may be required. The university has the right to revise this position description at any time. This position description is not be construed as a contract for employment.
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Keywords: Hastings Center, Inc., Washington DC , Treasury Specialist, Accounting, Auditing , Washington, DC