Churchill Downs
Treasury Manager
Churchill Downs, Louisville, KY
SUMMARY:
The Treasury Manager is responsible for supporting all aspects of day-to-day Treasury Operations for CDI and its subsidiary properties, while ensuring compliance with best practices. Additionally, this role supports the Director and Sr. Director of Treasury in other related functions as needed.
QUALIFICATIONS:
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Other Treasury Department duties as assigned
The Treasury Manager is responsible for supporting all aspects of day-to-day Treasury Operations for CDI and its subsidiary properties, while ensuring compliance with best practices. Additionally, this role supports the Director and Sr. Director of Treasury in other related functions as needed.
QUALIFICATIONS:
- Bachelor's degree required
- 4-6+ years of experience in Treasury, Banking or related field required
- CTP - Certified Treasury Professional preferred (or willingness to obtain)
- Detail oriented with strong organization, communication and time management skills
- Knowledge of banking products, policies and related documentation required; knowledge of merchant processing a plus
- Experience with Treasury Workstations and, or SAP S/4HANA a plus
- Ability to excel in a fast-paced environment by prioritizing tasks and acting with urgency to meet deadlines, while also providing timely communication of progress and potential issues or conflicts
- Ability to conduct oneself in a professional manner and effectively communicate with different levels of individuals, departments, and external parties
- Proficient with Microsoft suite products (Excel, PowerPoint, Word, etc.)
- This position requires you to be located in the Louisville, KY office
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Verify and process ACH payments, wire transfers and maintain templates for each
- Work to ensure security of banking activity by effectively monitoring bank fraud protection products and ensuring the verification of bank settlement instructions for payment processing
- Routinely compare bank deposit transactions to source data to confirm accuracy of cash vault deposits. Research and resolve discrepancies with internal and external parties. Weekly cash balancing reconciliation required for multiple bank accounts
- Ensure signature cards remain up-to-date, and all required documentation is executed and maintained properly and timely
- Responsible for daily review and handling of cash transactions processing through NIGL (an in-house cash ledger posting system)
- Create and input journal entries via NIGL process. Responsible for various monthly treasury journal entries
- Collect and distribute data to properties for use during close process, and completion of treasury related reconciliations
- Download monthly bank and analysis statements from various bank portals
- Evaluate monthly bank fees for reasonableness while inputting data to budget file
- Order bank supplies as requested
- Act as administrator for banking portals and first point of contact for routine banking service questions
- Prepare documentation to open or close bank accounts and add or modify bank products
- Provide support in evaluation of potential new banking products and facilitate implementation and maintenance of such once approved
- Support Churchill Downs Incorporated Foundation Treasurer by having general oversight of all banking and credit card related functions and completing monthly cash reconciliations; provide reporting to internal groups as necessary and prepare yearly financial statements; other ad hoc support may be required
- Support KYC due diligence and documentation related to bank accounts and services; create and deliver internal requests for reporting related to regulatory and licensing requirements; respond to internal and external audit requests
- Provide support in Treasury Operations and other Treasury functions including, but not limited to, merchant processing and Deferred Compensation
Other Treasury Department duties as assigned