Description
Treasury Manager, Operations
Cranford, NJ
$150k-$160k
The Horizon Group is seeking an experienced Treasury Manager to oversee invoice processing, payment execution, and cash management across our client’s fund entities and management company. This individual will play a key role in ensuring accurate and timely payment processing, maintaining strong internal controls, and supporting investment closings, capital calls, and distributions. The ideal candidate has a background in financial services or fund administration, with proven experience managing AP workflows in a fast-paced, regulated environment. This individual would also be highly proficient in Quickbooks Online Accounting software and Bill.com.
Our client:
Our client is a leading alternative asset manager serving institutional clients with a focus on mortgage debt, structured finance, and asset-based lending. With a commitment to deliver consistent and compelling risk-adjusted returns for their investors, they specialize in operationally complex residential real estate investments, leveraging their infrastructure, experience, and discipline to uncover value others overlook. Founded in 2020, and with a fully owned direct lender under its umbrella, the firm has deployed more than $5 billion in capital across 16 investment vehicles and has over $1 billion in assets currently under management.
What We Offer
- Competitive compensation and performance-based bonus.
- Comprehensive benefits package (medical, dental, vision, 401k).
- Exposure to senior leadership and deal teams.
- Opportunity to shape processes and scale AP operations in a growing investment platform.
Responsibilities
Responsibilities:
Invoice & Expense Management
- Review, code, and process invoices for both fund-related expenses (legal, due diligence, fund admin, tax advisors) and management company expenses (rent, IT, professional services).
- Ensure proper cost allocations between entities and SPVs in accordance with partnership agreements.
- Oversee employee expense reimbursement processing and enforce T&E policies.
Wire Processing & Cash Management
- Initiate and coordinate wires for:
- Fund side: investment closings, capital calls, investor distributions, and fund operating expenses.
- Management company side: vendor payments, and intercompany transfers.
- Partner with senior finance leadership to ensure dual authorization and compliance with internal wire approval policies.
- Forecast cash requirements for upcoming obligations and provide reporting to controllers and CFO.
Controls, Compliance & Audit Support
- Maintain segregation of duties for invoice approvals and wire releases.
- Ensure compliance with internal policies, GAAP, and SEC guidelines.
- Prepare documentation and support fund audits, tax filings, and regulatory reviews.
Vendor & Stakeholder Management
- Manage vendor onboarding, including banking information, W-9s, and AML/KYC documentation.
- Serve as primary point of contact for law firms, fund administrators, and service providers.
- Negotiate payment terms where appropriate and maintain strong vendor relationships.
Systems & Process Optimization
- Own AP systems (ERP / workflow tools such as Bill.com).
- Implement process improvements to increase automation, reduce invoice cycle times, and strengthen controls.
- Assist with reconciliations of fund expenses and cash activity.
Reporting & Analysis
- Prepare AP aging reports, cash outflow forecasts, variance analysis and ad hoc reports.
- Track KPIs including invoice cycle time, discount capture, and outstanding liabilities.
- Provide actionable insights to support liquidity management at both the fund and management company levels.
Qualifications
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field (CPA or MBA a plus).
- 5–8 years of accounts payable or fund accounting experience, with at least 2–3 years in a management or supervisory role within a Financial Services setting.
- Experience in private equity, hedge funds, or fund administration strongly preferred.
- Proficiency with ERP/AP automation tools (Quickbooks Online Accounting Software, NetSuite, Intacct, Concur, Bill.com, Coupa) and banking platforms (J.P. Morgan ACCESS, Webster E-Treasury, Bank of New York NEXEN etc.).
- Strong understanding of GAAP, internal controls, and fund structures (partnerships, SPVs, management company).
- Excellent organizational, analytical, and interpersonal skills.
- Ability to manage multiple priorities in a fast-paced, deal-driven environment.