We’re on a mission to end the debt cycle—and help our customers and their communities unlock economic mobility for generations to come. Join the team that’s making our goal a reality.
At Possible, we’re building a new type of consumer finance company. One that helps our customers stay out of debt rather than profits from them staying in it. As a Public Benefit Corporation, it's our mission and responsibility to help communities unlock economic mobility—with affordable credit products designed to improve financial health.
Founded in 2017, our lead VCs are Canvas and Union Square Ventures. We are a distributed company with a global workforce, headquartered in Seattle, WA. We have over 100,000 reviews on the App Store and an average rating of 4.8 stars. Just as we are committed to building a new type of consumer finance company, we are equally dedicated to the employee experience.
Since our founding, we’ve redefined how people approach small-dollar loans—delivering over one billion dollars in funding to more than one million customers, issuing over four million loans, and saving our customers more than five hundred million dollars.
The Role
We are seeking an Treasury Operations Analyst to support our daily cash management processes, debt facility management, and servicing reporting while driving improvements in reconciliation and reporting workflows. Reporting to the Senior Manager of Treasury, this role will be responsible for executing daily cash movements, preparing daily cash reports, updating cash forecasts, and identifying inefficiencies in financial processes.
This position requires strong analytical skills to provide actionable insights through data analysis and a proactive approach to enhancing financial workflows. The role involves close collaboration with Accounting, FP&A, and Operations teams to ensure financial accuracy, optimize cash flows, and support the company’s long-term growth objectives.
Roles & Responsibilities
- Daily Cash Management:
- Execute daily cash movements, including wires, ACH transactions, and book transfers, while ensuring compliance with fraud prevention protocols.
- Update the daily cash position and cash forecast.
- Debt Facility and Forward Flow Reporting:
- Complete weekly debt draws and reporting as well as monthly reporting for all debt facilities to ensure compliance and accurate financial tracking.
- Support the tracking of loan sales, ensure compliance with eligibility criteria, reconcile cash flows resulting from these sales, and address related reporting requirements.
- Reconciliation:
- Complete daily, weekly, and monthly reconciliations of bank accounts and system transactions.
- Investigate and resolve variances by collaborating with internal and external partners.
- Ensure timely and accurate reporting to support compliance and audit requirements.
- Data Analysis and Reporting:
- Update and maintain treasury data tables in Databricks, ensuring data accuracy, consistency, and availability for reporting and analysis.
- Use SQL and financial tools to analyze transaction data, generate reports, and provide actionable insights.
- Support financial planning initiatives.
- Process Improvement:
- Contribute to the consolidation of operating accounts into a single bank to streamline cash movements, optimize workflows, and improve accuracy.
- Identify inefficiencies and gaps in reconciliation processes, cash management, and proactively recommend and support improvements to enhance operational efficiency.
- Collaboration:
- Act as a liaison between treasury and other teams to ensure alignment on financial processes and goals.
- Support treasury-related projects, and investment strategy execution.
Skills and Qualifications
- 3+ years of experience in treasury operations, cash management, or a related financial role.
- Advanced proficiency in Excel and working knowledge of SQL.
- Strong analytical skills to identify trends, troubleshoot discrepancies in financial data, and deliver actionable insights.
- Detail-oriented with a proven ability to manage multiple priorities accurately and meet deadlines in a fast-paced environment.
- Excellent communication and interpersonal skills to collaborate effectively with internal teams and external partners.
- Strong desire to contribute to team and company initiatives, fostering collaboration and driving organizational goals forward.
Possible Finance is dedicated to financial fairness and community empowerment. We welcome diverse perspectives and experiences to help us achieve our mission of unlocking economic mobility for generations to come.
Learn more about us as a Public Benefit Company.
*Possible uses fee and payday loan usage information from the state regulatory agencies to arrive at the Fees Saved Calculation. Savings based on the maximum fees Possible could have charged customers over the typical payday loan term, including late fees and insufficient funds fees. Results will vary.
