Treasury Associate

Coaction Global is a company that focuses on pushing the boundaries of insurance through a diverse team of professionals. They are seeking a Treasury Associate who will be responsible for managing daily cash transactions, supporting cash operations, and ensuring accurate financial records. Responsibilities Support daily cash management activity, including all daily banking transactions, day-to-day management of bank accounts, monitor the Treasury Inbox – research inquiries, Stop payments etc Proper and timely recording of cash transactions in the general ledger Complete daily/weekly cash accounting transactions, including daily banking transactions and support monthly management of bank reconciliation accounts accurately and efficiently Prepare monthly and quarterly journal entries for accounting closing process Troubleshoots and resolves discrepancies based on extensive research and analysis of related cash activity Manage high volume of cash receipts via lockbox, allocating receipts to multiple insurance companies Prepare and support the daily cash receipts report for distribution to management and internal clients Support the development of strong processes and controls within cash management activities Support the development and monitor of operational metrics Complete various ad-hoc requests Skills Associate or Bachelor's degree in Finance, Accounting, Business Administration, or a related field 1-3 years' experience in treasury/cash accounting preferred– experience in the insurance sector a plus Familiarity with electronic banking systems, ACH/wire payments, and bank reconciliation preferred Proficiency in Microsoft Excel; ERP system experience is a plus Strong attention to detail, organizational skills, and ability to manage multiple tasks Good written and verbal communication skills Solid analytical and problem-solving skills Good organizational skills and attention to detail Self-starter capable of working independently within a team environment Possess the ability to handle a high volume of data in a high-paced environment 1-3 years' experience in treasury/cash accounting preferred– experience in the insurance sector a plus Familiarity with electronic banking systems, ACH/wire payments, and bank reconciliation preferred Proficiency in Microsoft Excel; ERP system experience is a plus Benefits Discretionary incentive bonus Paid time off Medical Dental Retirement Company Overview Coaction Global (Coaction) is an A.M. Best “A-“ (Excellent)-rated, property and casualty (P&C) insurance company. It was founded in 2009, and is headquartered in Morristown, New Jersey, USA, with a workforce of 201-500 employees. Its website is