Treasury Analyst, Cash Operations and Merchant Services

OVERVIEW:

This is a 6-month fixed term position.

The expected pay range for this position is $89,914 to $90,000 per annum.

Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. The pay offered to a selected candidate will be determined based on factors such as (but not limited to) the scope and responsibilities of the position, the qualifications of the selected candidate, departmental budget availability, internal equity, geographic location and external market pay for comparable jobs.

At Stanford University, base pay represents only one aspect of the comprehensive rewards package. The Cardinal at Work website (https://cardinalatwork.stanford.edu/benefits-rewards) provides detailed information on Stanford’s extensive range of benefits and rewards offered to employees. Specifics about the rewards package for this position may be discussed during the hiring process.

Stanford University seeks people committed to excellence and to improving our world and, in turn, is dedicated to supporting its employees as they develop their careers and enrich their lives.

Stanford’s Business Affairs provides administrative policies, infrastructure, systems, services, and support for the benefit of the university community.

Financial Management Services (FMS), a department within Business Affairs, is responsible for creating an ecosystem which promotes innovative and sound financial administration policies and practices that balance controls, compliance, and customer service. FMS is primarily responsible for financial policy oversight, quality assurance and financial services at Stanford University and its affiliated entities. It also serves as a liaison to the hospitals and the Stanford Linear Accelerator Center (SLAC). The FMS work environment is grounded by core values that include cultivating growth, celebration and appreciation, and collaborating with curiosity in order to nurture an inclusive environment where everyone is valued, respected, and can thrive.

Stanford University is hiring a Treasury Analyst to join our Cash Operations team. The Treasury Analyst will be responsible for certain day-to-day Treasury operations, including daily cash positioning activities, merchant services activities, maintaining bank accounts and vendor relationship information and records.  This position will work collaboratively to meet the university’s escheatment and asset recovery requirements.

JOB PURPOSE:

Note: Not all unique aspects of the job are covered by this job description

Manage the daily cash operations including daily cash positioning, ensure timely internal funds flow, execute payment transactions, provide audit support, manage the petty cash program, and annual FBAR reporting.  Assist with the foreign exchange hedging program, maintaining the banking structure, meeting bank regulations and compliance requirements, and supporting department metrics and reporting. 

CORE DUTIES*:

• Daily Cash Operations: Perform tasks to settle the daily cash position, including transferring investments and redemptions, and handling unidentified receipts.
• Bank Account Management: Open and close bank accounts, implement treasury products or services, and maintain banking information with regular updates. Ensure compliance with bank regulatory requirements such as AML/KYC, updated signatures, and proof of beneficial ownership.
• Reconciliation and Reporting: Conduct reconciliations and run month-end and year-end close processes. Develop sophisticated financial reports and presentations using GTreasury, Tableau, and other data systems.
• Support Requests: Monitor and assist with support requests related to system access, training updates, revenue and expense postings, and other cash management or merchant services issues.
• Escheatment and Asset Recovery: Interact with departments to handle escheatment submissions and work with consultants to recover assets belonging to Stanford from the states.
• Petty Cash and Audits: Coordinate the management of petty cash accounts, facilitate audits by providing vital documentation, and maintain the relationship with the document storage vendor.
• Project Participation: Actively participate in project teams to support new initiatives, define requirements, develop and implement test cases, and analyze results.
• Operational Improvement: Analyze existing systems and processes to find opportunities for improvement and efficiency gains.
• Documentation: Maintain desktop procedures and process documentation for the Office of the Treasurer’s Cash Operations.

* - Other duties may also be assigned