Branch

Senior Treasury Analyst

United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial ServicesIndustries

About Us

Branch is on a mission to empower workers with financial freedom. We do this by helping companies accelerate payments and providing working Americans with accessible, free financial services. We’re committed to building and delivering more inclusive, transparent, and frictionless financial products.

Our goal of empowerment extends to our own employees, too. Have a great idea? Share it today and it might just get implemented tomorrow. As a member of our team, your voice and creativity matter—and they can directly impact our products, company, and culture.

We not only focus on attracting great talent from across the country, but also on building teams that help that talent thrive. That means valuing a diversity of opinions and working styles, while creating a shared belief in innovation, initiative, and winning together.

Come join our team as we develop new ways to improve the lives of working Americans.

About the Role

As a member of the accounting team at Branch, you’ll have the opportunity to shape and grow the company and business. You will be a key player of a small team comprised of high performing accounting and finance professionals that work across departments to provide financial support to senior management and department leaders to facilitate decision making. The Senior Treasury Analyst will be responsible for managing our company’s cash flow, investments, and financial risk to maximize efficiency and profitability. The role requires a strong understanding of the FinTech industry, excellent analytical skills, and the ability to work effectively in a fast-paced environment.

Responsibilities

  • Manage relationships with banking institutions, coordinating account setup and maintenance, service and process updates, and resolution of banking issues
  • Record and reconcile bank activity for cash accounts, ensuring timely and accurate alignment with internal financial systems
  • Monitor daily cash positions and manage liquidity to ensure sufficient funds for operational needs
  • Optimize cash concentrations and disbursements, and develop strategies to maximize operational efficiency
  • Conduct regular cash flow forecasting and update as necessary to reflect changing business conditions
  • Prepare accurate and timely financial reports detailing the company’s treasury activities, including cash positions, forecasts, and variances
  • Leverage technology to improve treasury operations, including the use of treasury management systems
  • Recommend and implement process improvements to increase efficiency and accuracy of treasury operations
  • Ensure compliance with internal controls, policies, and regulatory reporting requirements.
  • Perform special projects as assigned

Qualifications

  • Bachelor’s degree in Accounting or Finance required
  • 5+ years of treasury experience (experience at a high growth FinTech company is required)
  • Working knowledge of US GAAP and technical accounting
  • Intermediate to advanced level Excel skills with experience working with large amounts of data
  • Sage Intacct experience is a plus
  • Excellent communication and interpersonal skills, with the ability to interact with various stakeholders
  • Proven ability to work independently and as part of a team in a dynamic and complex environment

Compensation

The salary range for this role is $105-120k.

The salary range displayed reflects an average base salary range for the position across the U.S. The base salary offered to an applicant could be higher or lower based on each applicant's specific skill set, depth of experience, relevant education or training, etc.

Location

This position is classified as REMOTE within the United States of America.

We are unable to hire candidates located outside of the domestic U.S.

Benefits

  • Market-leading medical, dental, and vision insurance
  • Stock options
  • Free Premium-Tier Origin Financial Wellness subscription
  • Monthly home-office stipend
  • 401k (TransAmerica)
  • 12-week parental leave

Skills

Cash flow management
Investment management
Financial risk management
Banking relationships
Account reconciliation
Financial analysis
FinTech industry

Branch

Provides flexible, instant payment solutions

About Branch

Branch offers flexible and instant payment solutions for businesses and their workers, allowing immediate access to earnings instead of traditional fixed payroll schedules. Its platform provides various payout options, including instant, daily, or on-demand payments, which are particularly beneficial for independent contractors. Additionally, Branch includes services like cashless tips payouts and a paycard alternative, making it easier for employees to access their pay. The company aims to empower workers with financial control while helping businesses attract and retain talent.

Minneapolis, MinnesotaHeadquarters
2015Year Founded
$148.5MTotal Funding
SERIES_CCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Remote Work Options
Company Equity
401(k) Retirement Plan
Unlimited Paid Time Off
Paid Holidays
Paid Parental Leave

Risks

CFPB lawsuit could damage Branch's reputation and lead to financial penalties.
Failure to deliver 'instant access' to pay could undermine customer trust.
Reliance on partnerships like symplr and Fountain poses risks if partners face difficulties.

Differentiation

Branch offers instant, flexible payment solutions unlike traditional fixed-schedule payroll systems.
Branch provides cashless tips payouts, beneficial for the hospitality industry.
Branch's paycard alternative allows employees access to pay without a traditional bank account.

Upsides

Integration with symplr taps into the healthcare staffing market with same-day payments.
Partnership with Fountain streamlines payment onboarding, enhancing operational efficiency for businesses.
Branch Direct enhances cash flow and talent retention with direct payments to existing bank accounts.

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