What are the responsibilities and job description for the Treasury Specialist position at GP Fund Solutions?
Job Title: Treasury Specialist
Company: GPFS is the fund administrator of choice for a wide range of clients in the US, UK, and EU. Every day, with every decision and every client interaction, our values serve as guideposts, to improve the quality of our work, and strengthen our employee and client relationships.
As a business that is all about people; culture isn’t an initiative, it’s an innate value that’s critical to every decision we make. At GPFS, people come first.
At GPFS, diversity is a source of strength, both from our people and ideas. GPFS is a collaborative team-oriented organization where we support each other both personally and professionally. Our culture is defined by our behavior, our curiosity and our support of innovative ideas and perspectives.
Our inclusive culture supports and encourages our team members to try new things, share ideas openly and always ask the question why. It brings us together and makes the team stronger by inspiring all to connect, belong and thrive.
Location: Latham, NY
Job Type: Full-time
The Treasury Specialist will be providing day-to-day treasury activity for firm clients. Responsibilities consist of bookkeeping across multiple entities, processing payments from client accounts and providing administrative support to the fund accounting team. This position will require regular interaction with clients and team members.
Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Assist with implementing treasury process improvement initiatives, system implementations, and other special projects, including documentation and cross-functional interaction
- Assists in opening and closing of client bank accounts
- Maintains banking relationships with the various banks utilized by our clients
- Responsible for entry of AML investor, beneficiary and vendor name monitoring using outsourced database (DDIQ)
- Prepare daily outgoing wire, ACH, internal transfers and check payments through various banking websites
- Upkeep of client bank wire instruction excel templates or templates saved on banking websites
- Prepare journal entries for various cash transactions to ensure accuracy and completeness
- Daily cash reporting. Preparation of a daily report summarizing the previous and current day’s cash activity, investment activity and the Company’s line of credit activity. Evaluate and provide daily borrowing or repayment notification to the bank for the Company’s line of credit.
- Participate in onboarding of new wire instructions
- Preparing wire confirmations
- Perform verbal confirmation on wire instruction changes and updates
- Assisting with other duties as needed
Competencies
- Organized
- Detailed Orientated
- Results Driven
- Collaborative
- Ethical
Required Education and Experience
- Strong attention to detail and sense of urgency
- Excellent communication skills -- both written and verbal
- Time management – ability to prioritize workload and manage one’s own time
- Must be able to work across multiple teams in multiple locations
- AA/AS in Business, Accounting, Finance or related field desired
- Minimum 1-3 years’ experience in Treasury, Accounting, or Finance
- Previous treasury experience preferred
Preferred Education and Experience
- Bachelor’s degree in accounting or related field
- Private fund administration experience
Additional Eligibility Qualifications
- Excellent people skills, with an ability to partner with a dynamic team.
- Personal qualities of integrity, credibility, and commitment to corporate mission.
- Flexible and able to multitask; ability to work within an ambiguous, fast-moving environment.
- Strategic thinker with proven track record.
GPFS Vision
Our purpose is to create enduring relationships with our employees and clients by constantly delivering exceptional opportunities and service.
GPFS Value Statement
Investing in people and culture
Core Values
Camaraderie: Being supportive of one another and celebrating each other’s successes
Excellence: Consistently delivering exceptional work and going above and beyond
Empowerment: Fostering a deep sense of agency and ownership over one’s choices and actions
Innovation: The drive to think differently and solve problems creatively
Inclusion: Recognizing individual’s unique strengths and perspectives with mutual trust and respect
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