AR & Treasury Specialist

Accounts Receivable And Treasury Specialist

The Michaels Organization is a national leader in residential real estate offering full-service capabilities in development, property management, construction, and investment. At Michaels, our teammates strive to fulfill our promise of creating communities that lift lives ones that jumpstart housing, education, civic engagement, and neighborhood prosperity. With this passion at the forefront of our business, Michaels teammates can be proud to be a part of the extraordinary, every day.

At The Michaels Organization, our financial team ensures a seamless flow of business by managing cash, maintaining liquidity, and collecting payments. We're looking for a skilled Accounts Receivable and Treasury Specialist to join our team. This role is critical for processing and tracking receipts and will have a direct impact on our daily financial operations. The ideal candidate will be detail-oriented and adept at problem-solving, helping us stay on track and maintain strong relationships with our partners.

Responsibilities

Accounts Receivable

Cash Application and Management : Process and record daily cash receipts, including checks, wire transfers, and electronic payments, and prepare bank deposits. Investigate and reconcile any discrepancies between deposit slips and bank statements to ensure accurate accounting.

Customer and Invoice Management : Set up new customer accounts and items in the accounting system. Gather and verify invoices for proper documentation before processing, and prepare and track bill backs for various expenses, ensuring timely payment.

Collections and Reporting : Monitor and manage accounts receivable aging, contacting clients via phone and email to collect outstanding payments. Apply credits, account for uncollectible amounts, and resolve any discrepancies. Prepare analytical reports on collections progress for management.

Reconciliation and Month-End Close : Assist with bank reconciliations, intercompany account reconciliations, and the monthly and yearly financial closing processes. Ensure all open accounts receivable balances are valid and properly accounted for.

Administrative and General Support : Maintain current and organized accounts receivable files. Support the accounting and finance team with various tasks, accounts payable, including printing reports, assisting with special projects, and performing general clerical duties like scanning and copying.

Treasury and Liquidity Management

Cash Flow Monitoring, Reporting and Liquidity Management : Perform daily cash management duties, including the recording of bank deposits and the updating and distribution of cash receipt logs. Prepare regular reports to highlight cash needs and manage liquidity, maintaining positive cash balances across multiple entities.

Qualifications

Required Experience :

3-5 years experience

Strong mathematical skills

Understanding of basic principles of finance, accounting, and bookkeeping

Superb time management and detail orientation

Proficiency with Google Drive

Ability to keep company and partner confidences

Proficiency with accounting ERP systems, such as Real Page, Yardi

Required Education / Training :

Associate's degree or equivalent

Required Skills and Abilities :

Experience in accounts receivable (or accounts payable)

Experience in treasury and liquidity management

Experience in driving process improvement

Extremely high attention to detail

Communication Skills

Problem-Solving Abilities

Proficiency with Accounting Software

Time Management and Organization

Analytical Skills

Salary Range Information :

The range displayed on each job posting reflects the targeted base salary for the position. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

Rewards & Benefits :

We know Michaels' promise of lifting lives starts with our teammates, so making sure every single teammate is happy, healthy, and set up for a successful future is important to us. As part of our team, you will enjoy a competitive wage, a comprehensive benefit package which includes Medical, Dental, Vision, prescription, etc., generous paid time off, a 401 (k) plan with a company match, and so much more. We believe in education and in taking care of our own so as an added incentive your children will be able to apply for the Michaels Employee Scholarship Program.

• Help make the world a better place in a team-oriented environment.
• Grow with our organization through various professional development opportunities.
• Collaborate and thrive in a company culture where all are welcome

Michaels teammates make a difference in the lives of residents, colleagues, and the communities where we live and work every day. To learn more about the total rewards we offer please visit our website.

Come join our team. You're going to love it here!

Salary Range : $50,000-$70,000 Annual Salary