Treasury Associate

Posted 18 Days Ago
Be an Early Applicant
Boston, MA
Junior
Real Estate
The Role
The Treasury Associate will assist the Assistant Treasurer in cash management, including the preparation of daily cash positions and monthly cash flow projections. Responsibilities include initiating wire transfers, maintaining bank reconciliation logs, processing payments to banks, and supporting external audits, while ensuring confidentiality and professionalism.
Summary Generated by Built In

Cabot Properties is an institutional investor, developer, and operator of logistics real estate. As an industry leader for over 30 years, we have used our expertise and acumen to create ongoing value for our partners. Cabot has a strong team of dedicated, bright, strategic, and detail-oriented individuals. We view people as our most valuable assets, and our greatest responsibility. Come join us.

We have an exciting opportunity for a Treasury Associate in our Boston office. This person will be a highly resourceful team player, who is comfortable working in a fast-paced environment, sometimes under pressure, while remaining flexible, proactive, and efficient.  This individual will have the ability to exercise good judgment in a variety of situations, with strong communication, organizational, and financial skills and the ability to maintain a realistic balance among multiple priorities.  The person in this position must maintain the highest level of confidentiality and diplomacy regarding all Cabot Properties, L.P. and Cabot Properties, Inc. information


Duties and Responsibilities: 

  • Work closely with Assistant Treasurer in the preparation of daily cash position and monthly projected cash flows
  • Initiate wires for a variety of vehicles
  • Notify property managers or Fund accountants of cash receipts
  • Post prior day cash activity
  • Assist in the preparation of documentation to open/close bank accounts and maintain authorized signatories
  • Assist in maintenance bank reconciliation logs
  • Assist with processing of positive pay transmissions to banks
  • Work closely with Assistant Treasurer to continuously improve treasury processes
  • Monitor bank fees for accuracy and make recommendations for savings as appropriate
  • Support external audit requests
  • Other various tasks and projects as needed
  • Other duties as directed by the Treasurer

 

Qualifications and Experience:

  • Undergraduate degree with an excellent academic background required
  • 2-5 years of experience in treasury
  • Treasury Management System (TMS) software experience and accounting (MRI or other ERP) software experience a plus
  • Highly proficient with Microsoft Office Suite (Excel, PowerPoint, Word and Outlook) required
  • Strong interpersonal skills with the ability to work with all members of the organization
  • Self-motivated, high attention to detail, ability to multi-task and prioritize in a fast pace environment
  • High level of professionalism and demonstrated ability to maintain confidentiality as required and appropriate


Physical/Mental/Visual Demands and Work Environment:

  • The job is conducted in an office work environment, sitting most of the time
  • Approximately 90% of this position’s duties require use of a computer
  • Travel related to investor meetings and banking conferences


The work environment characteristics described above are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Cabot Properties provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.




The Company
HQ: Boston, MA
90 Employees
On-site Workplace

What We Do

Cabot Properties is an international private equity real estate investment firm exclusively focused on industrial properties. Formed in 1986, the firm is a leading investor, developer and operator of industrial properties throughout North America, the United Kingdom and Europe. Cabot has invested over $10 billion in industrial real estate, managing and operating over 3,800 tenants in over 1,400 buildings totaling approximately 180 million square feet. Cabot is headquartered in Boston with offices in London, Sydney, Chicago, and Dallas.

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