Description
We're looking for a passionate, detail-oriented financial expert with strong leadership skills to be our hotel's next Treasury Manager with hotel transitions responsibilities. The Treasury Manager is responsible for overseeing the company's cash management, banking relationships, liquidity planning, and treasury operations across multiple hotel properties.
This role ensures optimal use of cash resources, strong internal controls, and accurate financial reporting to support the company's growth and operational needs. The Treasury Manager partners closely with Finance, Accounting, Operations, and Property Leadership teams to maintain financial stability and support strategic initiatives. Apply now if you are looking for an exciting new role in Treasury and Hotel Transitions! Come join our ARK, which is growing quickly!
Responsibilities
Cash & Liquidity Management
• Monitor daily cash positions across corporate and property bank accounts
• Forecast short- and long-term cash needs, including seasonal hospitality fluctuations
• Optimize cash availability to support payroll, capital projects, and operating expenses
• Manage intercompany cash movements and pooling structures where applicable
Treasury Operations
• Oversee banking administration, including account setup, access controls, and signers
• Manage merchant services and payment processing programs for properties
• Ensure timely and accurate processing of wires, ACH, and credit card settlements
• Maintain treasury systems and automate workflows where possible
Banking & Relationships
• Serve as the primary contact with banks and financial service providers
• Negotiate banking and merchant services fees
Risk Management & Compliance
• Implement and monitor internal controls over cash activities
• Safeguard assets and ensure fraud prevention measures are in place
• Ensure compliance with corporate policies and relevant regulations
• Support audits and provide treasury-related documentation
Hotel Transitions
• Assist with onboarding and offboarding properties pertaining to treasury functions
• Ensure all Hotel Management Agreement pricing is collected per the terms
• Analyze all statements, balance sheets, income, and expense accounts to guarantee accuracy and recommend adjustments that would increase profitability
• Support the daily accounting operations with the creation of monthly forecasts and annual budgets
• Assess a list of daily revenue activity to ensure accountability, balance general ledger accounts, and fix any discrepancies or problematic accounts
• Execute payroll audits monthly and provide paychecks to all employees
• Effectively monitor and track all accounts receivable, while also creating and controlling accounts payable invoicing
Qualifications
Education & Experience
• Bachelor's degree in Finance, Accounting, Business, or related field required
• 3+ years of treasury, corporate finance, or banking experience
• Hospitality or multi-unit / multi-property industry experience strongly preferred
Skills & Competencies
• Strong understanding of cash management, credit facilities, and treasury systems
• Advanced Excel and financial modeling capabilities
• Experience with ERP and treasury management software preferred; M3 is a plus
• Strong analytical, problem-solving, and communication skills
• High attention to detail and strong integrity
• Ability to work in a fast-paced, service-oriented environment
Work Environment
• Corporate office setting with collaboration across property and corporate teams twice per week
• Remote work is offered three times per week
