DIRECTOR OF TREASURY AND CASH MANAGEMENT

Princeton, NJ

Essential Properties Realty
Trust (“EPRT”) is looking to
fill a newly created position
of Director of Treasure and
Cash Management in the Princeton,
New Jersey office.

Essential Properties Realty Trust (“EPRT”) is looking to fill a newly created position of Director of Treasury and Cash Management in the Princeton, New Jersey office.

About the Company

EPRT is a rapidly growing single tenant net lease real estate investment company based in Princeton, NJ.  The Company was formed in April 2016 and currently manages over $750 million in single tenant net lease investments.  EPRT is staffed with a very seasoned investment team and is well-capitalized and seeking to grow.

Summary

  • Managing all Company bank accounts, disbursements processes, cash receipt processes, and accounts payable processes
  • Maintain processes and controls over vendor set up and management
  • Preparing weekly, monthly and annual cash flow forecasts and liquidity projections
  • Preparing debt compliance analyses, reports and certificates
  • Preparing elements of Annual Budget and corporate performance projections
  • Preparing and maintaining documentation of processes, controls and procedures over Treasury/Cash management for compliance with Sarbanes-Oxley
  • Prepare special reporting to internal and external partners in support of the overall cash management, treasury management and liquidity position

Essential Job Functions

Cash Management

  • Responsible for deposit of rent receipts and other sources of income, payment of vendors, and payments of interest and principal on borrowings.
  • Responsible for management of bank accounts including opening and closing of accounts.
  • Responsible for management and control of vendor listing.
  • Create and maintain the company’s cash and liquidity report including weekly, monthly, annual sources and uses of cash and borrowing capacity

Corporate Finance & Accounting

  • Participate in the annual corporate budgeting process.
  • Provide detailed analysis on cash inflows and disbursements, including actual vs forecast
  • Assist in the proper accounting for expenses and capitalized items
  • Participate in month end closing process
  • Assist in the proper accounting for expenses and capitalized items

Credit, Debt and Other Financings

  • Manage payment of debt service, draws on credit and debt facilities, and required principal payments
  • Maintain analyses of debt compliance and prepare quarterly/annual debt compliance schedules, certificates and other reports
  • Participate in management of and reporting for any interest rate modification arrangements
  • Prepare, manage and maintain abstracts for all debt agreements, debt and interest expense roll-forwards and related control worksheets

Risk Management, Control Environment & Other Matters

  • Interface with accounting functions, legal department, investment group and other elements of operations team
  • Provide a monthly comprehensive report to management that gives a status on all cash accounts, bank reconciliations, vendor adds and deletes, debt compliance and liquidity assessment
  • Responsible for documenting and implementing approved treasury/cash management processes, policies, procedures, controls and reports
  • Responsible for providing customer service to all internal and external partners with special reporting/projects as needed

Competencies: 

  • High degree of integrity and strong work ethic
  • Ability to operate in environment of high velocity of operating activities
  • Understanding of culture, control environment and perceptions affiliated with publicly listed company/SEC registrant
  • Must have solid working knowledge of generally accepted accounting principles
  • Ability to read, analyze and interpret financial statements and related information
  • Strong skills in utilizing online banking tools and services
  • Extensive experience with loan draws and debt pay-down processes
  • Strong analytical skills
  • Must be detailed oriented, accurate, and have good organizational skills
  • Self-Starter and ability to work with minimal supervision in addition to working under pressure
  • Ability to lead other team members
  • Proficient with Microsoft Excel
  • Ability to prepare/create forecasting models and reports
  • Ability to use Yardi financial software or achieve proficiency rapidly

Education/Experience:

  • Bachelor’s degree required
  • Licensure in Treasury Management a plus
  • 6+ years of cash management/treasury experience required
  • Public Company experience preferred
  • Significant experience working with lenders and debt arrangements required
  • Significant experience utilizing electronic/online banking tools required
  • Fundamental accounting knowledge (journal entries, expensing or capitalization concepts, interest expense recognition, accounting for debt issuance costs) preferred

Work Schedule:

  • Salaried Exempt position
  • All applicants must be authorized to work in the US

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Essential Properties Realty Trust

info@essentialproperties.com
609.436.0619
47 Hulfish Street, Suite 210
Princeton, NJ 08542