Treasury Manager

About Gusto

Gusto is a modern, online people platform that helps small businesses take care of their teams. On top of full-service payroll, Gusto offers health insurance, 401(k)s, expert HR, and team management tools. Today, Gusto offices in Denver, San Francisco, and New York serve more than 300,000 businesses nationwide.

Our mission is to create a world where work empowers a better life, and it starts right here at Gusto. That’s why we’re committed to building a collaborative and inclusive workplace, both physically and virtually. Learn more about our Total Rewards philosophy. 

The Treasury Team at Gusto is responsible for cash management and banking initiatives that support business partner imperatives towards operational effectiveness and performance towards Gusto’s payment operations, accounting and risk/credit infrastructures.

As a Senior Treasury professional you will help lead the Treasury team in managing financial resources and the day-to-day functions to meet cash and financial obligations of the company. You will liaise with internal teams including Payment Operations. Accounting, Finance, Legal and various business segments as well as external banking partners, solution providers and portfolio managers.  You’ll need to be proactive, intellectually curious and a self starter who is excited to build a first class Treasury department.  Critical thinking and the ability to roll up your sleeves will help determine your success.

Here’s what you’ll do day-to-day:

• Provide treasury industry knowledge, experience, and best practices to help the team stay ahead of the curve on the latest service offerings, services offered from our partner banks
• Build out of enhanced liquidity forecasting tool to understand cash usage and future needs
• Developing internal cost of funds programs associated with cash/liquidity usage
• Explore/evaluate new product offerings from internal and external service providers from a Treasury perspective
• Consulting with internal business lines on existing/new products with a focus on liquidity and funding needs
• Engage with external credit providers to understand borrowing structures to meet internal business needs
• Partner with fixed income portfolio managers to understand and explore opportunities to optimize returns 
• Familiarity with payment activities including ACH, wire and real time payments
• Engage with banking partners and internal stakeholders to
• Initiate banking transaction process improvements
• Understanding of bank analysis fees
• Bank account governance and related controls
• Regular/quarterly banking partner reviews
• Bank account establishment/ alignment, fraud mitigation, cash forecasting, payment contingencies
• Continued focus on operational risk and process improvements specifically associated with banking structure and money movements
• Collaborate with cross-functional partners in Payments, Accounting, Risk/Credit and Engineering to facilitate the implementation of new products/services
• Lead and facilitate treasury projects as assigned

Here’s what we're looking for:

• Experience - You’ll have 6+ years of relevant experience, working in a shared service Treasury environment with cross functional teams preferably in the banking or financial services.  Exposure to and familiarity with Payment Operations, Risk/Credit and banking partner activities.  Familiarity with payment types including ACH, wires, real time payments and checks as well as positive pay and related activities. 
• Operational Excellence - You are passionate about operational excellence and efficiency. You have an ability to spot unusual patterns with a sharp attention to detail. Proactively reviews current processes and makes recommendations for improvements based on industry and company best practices.  You’ve not only maintained processes but have built processes/solutions.  
• Analytical - Excellent analytical skills, including ability to use business intelligence tools,  and sort through complex data to articulate business trends and implications. High level of intellectual curiosity with the ability to see the big picture while maintaining attention to details.
• Discipline - Excellent time-management skills and ability to handle multiple tasks simultaneously.  
• Self Starter - Ability to explore and resolve issues and not wait to be told what to do.
• Attitude - Goal-oriented, positive, and proactive.  Comfortable in a fast-paced, results-oriented work environment. Can communicate effectively with partnered teams and senior leadership.

Our cash compensation range for this role is $128,000 - $158,000 for New York & San Francisco, and $105,000 - $129,000 for Denver & most remote locations. Final offer amounts are determined by multiple factors including candidate location, experience and expertise and may vary from the amounts listed above.

Our customers come from all walks of life and so do we. We hire great people from a wide variety of backgrounds, not just because it's the right thing to do, but because it makes our company stronger. If you share our values and our enthusiasm for small businesses, you will find a home at Gusto. 

Gusto is proud to be an equal opportunity employer. We do not discriminate in hiring or any employment decision based on race, color, religion, national origin, age, sex (including pregnancy, childbirth, or related medical conditions), marital status, ancestry, physical or mental disability, genetic information, veteran status, gender identity or expression, sexual orientation, or other applicable legally protected characteristic. Gusto considers qualified applicants with criminal histories, consistent with applicable federal, state and local law. Gusto is also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, you may contact us at [email protected].