Treasury- Associate | Houston

 

 

Petra Funds Group is a single source provider for the fund administration and fund infrastructure needs of Private Equity and Debt Funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.

Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who have spent years working inside of asset managers is what truly differentiates us.

Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.

What You Will Do:

This position will report directly to the Treasurer. A successful candidate must be able to perform multiple responsibilities in a fast‐paced environment and in a very organized manner. He or she must be able to develop a clear understanding of treasury and risk concepts. This position will provide a challenging “hands on” role for the professional who is self‐motivated and has the flexibility and adaptability to work in a small work environment. He or she should be committed to accuracy and thoroughness and be able to monitor his/her own work to ensure quality. Advanced proficiency in MS office applications (particularly Excel) and the ability to learn new applications quickly are necessary.

Key Responsibilities:

• Oversee daily cash positioning and manage debt balances to optimize liquidity and funding efficiency.
• Build and maintain complex financial models to forecast cash flow based on various scenarios
• Support the establishment and ongoing maintenance of corporate and investment-related bank accounts, ensuring compliance with internal controls and regulatory requirements.
• Manage debt obligations, reporting requirements and perform regular maintenance for multiple credit facilities.
• Coordinate and facilitate capital funding processes for portfolio companies, ensuring seamless execution of capital calls.
• Manage the distribution of investment proceeds to limited partners, ensuring accuracy and adherence to contractual agreements.
• Confirm and reconcile investor capital contributions, identifying and resolving any discrepancies.
• Identify, monitor, and analyze key performance indicators (KPIs) to identify trends, opportunities, and areas for improvement . 

 

What You’ll Need:

• Undergraduate degree in Accounting, Finance, or Economics. CPA or CFA-candidates not required but encouraged
• Minimum of 3 years of operational or financial service experience
• Proficient in Microsoft Word, Excel, Adobe Acrobat, Outlook, PowerPoint, and banking applications
• Strong attention to detail with good time management, the ability to multi-task, analytical skills, and organization
• Ability to efficiently communicate through oral and written communication
• Ability to work in a dynamic environment and adapt to changing priorities
• FP&A as well as Financial Modeling experience is preferred

Salary Range
At Petra Funds Group, we are committed to transparency and equity in our hiring practices. The compensation range for this position is $82,000 - $123,000 per year. This range represents the base salary only. Actual pay will depend on factors such as qualifications, experience, and skills.

 

Comprehensive Benefits:
Petra Funds Group offers competitive compensation including equity and benefits packages, including healthcare, dental, vision, disability, generous 401k match, and professional development opportunities.