Responsible for day to day operation and implementation of Rayonier’s cash management program, the control of operating and investment bank accounts, the administrative control of debt, short term investments, credit and financial risk management programs, letters of credit and internal loan agreements. The role requires knowledge of cash management practices, banking operations and moderate knowledge of MS Excel. The proper handling of this position is critical to Rayonier’s daily operations.
Manages daily cash operations to include the coordination among the controllers, other departments and the banks. Assure that cash moves among legal entities in accordance with established procedures.
Deposits checks collected at the office and manage all payments sent by the Company (i.e., checks, ACH and wire).
Monitors bank account balances and assist the controller’s department in resolving reconciling items with the banks.
Administers Rayonier’s debt and short term investment programs. Prepares notes, confirmation letters, calculates interest and monitors the payment/collection of interest.
Administers Rayonier’s letter of credit program. Request new LC’s, modify existing LC’s and terminate LC’s, as needed.
Administers corporate credit management. Access data from accounting source and prepare monthly/quarterly reports.
Administers all bank authorizations to open and update bank accounts. Prepares all documents required for opening, maintaining and closing bank accounts, and for the changing of signatories reflected on the bank accounts.
Co-administration of the Corporate credit card program and Expensify.
Support Sarbanes Oxley compliance, including internal and external audit requests
2 years of college in accounting, financial studies or business - (BS Degree is preferred but not required)
A minimum of 2 years of Treasury/cash management experience
CTP (Certified Treasury Professional) preferred
Experience with corporate cash management techniques and methods and Banking operations and procedures
Understanding of general accounting principles
Intermediate skill level in Microsoft excel & word
Rayonier is an international real estate investment trust (REIT) committed to creating value through excellence in our core businesses: Forest Resources and Real Estate. We are a responsible steward of the land, managing every acre towards its highest and best use to achieve optimal value.
Rayonier was founded in 1926 in the Pacific Northwest and our current headquarters is in Yulee, Florida. Over the years, Rayonier has expanded to become the third-largest timber REIT with approximately 2.7 million acres in the United States and New Zealand. Strategic by design, our business benefits from the geographic and market diversity of our land holdings across the US Southeast, US Gulf States, US Pacific Northwest and New Zealand.