Treasury Specialist Job Opening

Treasury Specialist

Standard Furniture Manufacturing Company

Bay Minette, Alabama
Category: Accounting Manager

Treasury Specialist

Company Information

Standard Furniture is a leading designer and supplier to the retail furniture industry, emerging as one of the top 10 revenue producers in the North American market as of 2017. Standard Furniture recently acquired Albany Industries based in New Albany, MS, expanding into the stationary upholstery market. Standard Furniture also owns International Furniture Marketing (IFM) a design and sourcing unit of the business. Collectively, Standard Furniture employs over 1,600 people worldwide including 480 International. Founded in 1946, Standard Furniture has a long rich heritage in the Furniture industry, often referred to as one of the “legacy brands”. Since 2010 Standard Furniture has been one of the fastest growing companies in the industry. In 2015, we introduced Magnolia Home, a widely popular, licensed brand of home furnishings designed by Joanna Gaines. We have over 1.25 million square feet of warehousing and distribution in Bay Minette.

Standard Furniture is seeking a Treasury Specialist to join our team in our Bay Minette location. This position will report directly to the Accounting Manager and the Corporate Controller. The Treasury Specialist has direct responsibility for maintaining monthly bank reconciliations and accurate cash balances for all divisions and subsidiaries of the company in the General Ledger. This position is also responsible for the maintenance and proper filing of unclaimed property, AP Vendor setup, verification and maintenance, and other special projects, as assigned.

The responsibilities of this position include but may not be limited to the following:

  • Bank Reconciliations (for ALL branches, divisions and subsidiaries)
  • Review cash entries daily in order to identify any unrecorded transactions. Research and propose adjustments to ledger accounts in order to correctly state cash balances.
  • Reconcile bank activity to general ledger on a weekly and monthly basis in order to meet close deadlines as outlined in the monthly close calendar
  • Maintain unclaimed property database, which includes determining vendors with outstanding stale dated checks, sending proper notifications to these vendors and subsequently filing with the respective state(s), if needed
  • Provide information to assist in the daily determination of cash funds needed and the monthly borrowing base certificate
  • Assist with external audit(s) through record retrieval and process demonstration for auditors
  • AP Vendor setup, verification and maintenance.

Other finance responsibilities as assigned.

The ideal candidate for this position will possess the following qualifications:

  • Associates Degree preferred
  • A minimum of three years previous accounting (clerical) experience required

Cash accounting experience required

  • Office/accounting procedures and computer skills, with intermediate to advanced Excel skills, required.
  • Strong attention to detail required
  • Excellent organizational, interpersonal, written, and verbal skills

Demonstrated problem-solving skills

  • Must have the ability to work well under pressure and react properly with a sense or urgency when required.

Job Type: Full-time

Work Location:

  • One location

Benefits offered:

  • Paid time off
  • Health insurance
  • Dental insurance
  • Healthcare spending or reimbursement accounts such as HSAs or FSAs
  • Other types of insurance
  • Gym memberships or discounts
  • Employee discounts

Pay Frequency:

  • Weekly