• Treasury Assistant

    Job Locations US-NY-New York
    Job ID
    4433
    Function
    Accounting / Finance
    Location Name
    423 West 55th Street
  • Overview

    Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 47 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi and London, and boasts a team of over 3,500 professionals. With over $50 billion in assets owned or under development, the company’s portfolio is made up of best-in-class developments in premier high-barrier-to-entry markets across all asset classes. 

    Related was recently named one of the “50 Most Innovative Companies in the World” by Fast Company Magazine. Related has dramatically redefined the concept of metropolitan luxury by introducing extraordinary residential properties in Boston, Chicago, Los Angeles, San Francisco, New York City and Washington, D.C. With each new building, Related has been hailed for setting new standards of excellence in the luxury marketplace. Related also owns an extensive portfolio of workforce and affordable housing and has several new rental developments underway across the country. Among other leadership initiatives, they were the first landlord to accept credit card payments, one of the first developers to build sustainable high-rise buildings and the first national developer to go smoke-free. Related’s commitment to hospitality-level service in its residential buildings includes a proprietary training program that empowers employees to exceed its residents’ expectations, and an exclusive strategic partnership with Hello Alfred to provide a suite of personal life-enhancing services to residents. Related is also a strategic investor in category-defining companies including Equinox® and SoulCycle. For more information about Related Companies please visit www.related.com.

    Responsibilities

    The Treasury Assistant role will provide assistance to the Treasury team for day to day operations of the business. This role requires interaction with individuals at all levels within the company and with third party service providers.

     

    • Process all deposits for corporate entities including double endorsements
    • Opening of new accounts including preparing bank compliance documentation
    • Closure of all accounts
    • Maintain account database in Treasury Workstation
    • Stop Payments
    • Certified Check Requests
    • Wire Processing via bank portals
    • Confirm all wires have processed
    • Liaison between accounting and bank representatives for all research inquiries
    • Decision Positive Pay items
    • ACH ID set up and maintenance
    • Loading of bank statements to central warehouse
    • NSF Reports (daily)
    • ACH Return Reports (daily)
    • Overdraft Reports (daily)
    • Resolve balance discrepancies between bank and Treasury Workstation

    Qualifications

    • Bachelor degree required
    • CTP, a plus
    • Minimum of 2-3 years of work experience in Treasury or relevant field
    • Ideal candidate is a highly self-motivated person who thrives in a dynamic work environment and demonstrates a flexible and adaptable work style that responds quickly
    • Superior organizational skills
    • A mature professional with excellent judgment and interpersonal skills
    • Experience with treasury workstations and systems such as Kyriba, JD Edwards, S & P Capital IQ, a plus
    • Ideal candidate will have a strong familiarity with real estate

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