Treasury Operation Manager

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Job description

Highgate Hotels

Highgate is a leading real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in major U.S. gateway cities including New York, Boston, Miami, San Francisco and Honolulu, with a growing Caribbean and Latin America footprint. The hospitality forward company provides expert guidance through all stages of the property cycle, from planning and development through recapitalization or disposition. Highgate has a proven record of developing its diverse portfolio of bespoke lifestyle hotel brands, legacy brands, and independent hotels and resorts with contemporary programming and digital acumen. The company utilizes industry-leading revenue management tools that efficiently identify and predict evolving market dynamics to drive outperformance and maximize asset value. With an executive team consisting of some of the most experienced hotel management leaders, the company is a trusted partner for top ownership groups and major hotel brands. Highgate maintains corporate offices in New York, Chicago, Dallas, London, Miami, and Seattle. .

Location

Overview

We are looking for a Treasury Operations Manager in our corporate office in Irving, Texas.

Responsibilities

- Must have the ability to train or teach a Treasury Analyst role, including domestic or international bank account opening, establishing merchant card services, armored services, vault setups, wire processing, etc.
- Assist the Director of Treasury with d esign, implementation and driving improvements to treasury operations processes including internal controls and ensure compliance with regulatory requirements and goals
- Supports treasury and cash management operations and helps develop strategies to maximize efficiencies, safeguard assets and minimize cost and effectively coach a team of 6 analysts
- Lead the implementation and maintenance of various treasury systems
- Responsible for opening and maintaining bank accounts
- Responsible for processing forms needed to implement new account services or make service/access revisions
- Manage daily wires and processes, approving wires over the limit of other Treasury team members (up to authorization limit)
- Will recommend and implement improvements to current cash management processes
- Responsible for training, webinars and conference calls for Treasury related processes
- Work with product management, developers and technology operations to resolve issues, develop requirements, test and implement new technology
- Will assist with Merchant Service set ups for new locations
- Will be the primary liaison for corporate and properties to resolve reconciling items and research requests that are out of scope for the Assistant, Coordinator and Analyst
- Responsible for working with IT on unresolved/escalated system issues
- Monitors bank fees and other banking costs and suggest cost cutting techniques
- Responsible for USD and foreign currency purchases for ownership
- Oversee merchant processor reporting
- Other special projects and responsibilities, as assigned