Gusto, Inc.: Treasury Manager
Headquarters: Denver, CO; San Francisco, CA; New York, NY; United States - Remote
About Gusto
At Gusto, we're on a mission to grow the small business economy. We handle the hard stuff — payroll, health insurance, 401(k)s, and HR — so owners can focus on their craft and their customers. With teams in Denver, San Francisco, and New York, we support more than 500,000 small businesses nationwide and are building a workplace that reflects the people we serve.
All full-time employees receive competitive base pay, benefits, and equity (RSUs) — because everyone who helps build Gusto should share in its success. Offer amounts are determined by role, level, and location. Learn more about our Total Rewards philosophy.
AI is a fundamental part of how work gets done at Gusto. We expect all team members to actively engage with AI tools relevant to their role and grow their fluency as the technology evolves. AI experience requirements vary by role and will be assessed during the interview process.
About the Treasury Team
The Treasury Team at Gusto is responsible for cash/liquidity management and banking initiatives that support business partner imperatives towards operational effectiveness and performance towards Gusto’s payment operations, accounting and risk/credit infrastructures.
About the Role
As a Senior Treasury professional, you will help lead the Treasury team in managing financial resources and the day-to-day functions to meet cash and financial obligations of the company. You will liaise with internal teams including Payments, Risk, Product, and Accounting as well as external banking partners, solution providers, and portfolio managers. You’ll need to be proactive, intellectually curious, and a self-starter who is excited to build a first-class Treasury department.
Key responsibilities include:
- Provide treasury industry knowledge, experience, and best practices to help the team stay ahead of the curve on the latest service offerings from our partner banks.
- Build out an enhanced liquidity forecasting tool to understand cash usage and future needs.
- Model liquidity usage and related returns to determine how best to optimize liquidity; identify liquidity risks and solutions; interpret and challenge black swan liquidity modeling results.
- Develop internal cost of funds programs associated with cash/liquidity usage.
- Explore/evaluate new product offerings from internal and external service providers from a Treasury perspective.
- Consult with internal business lines on existing/new products with a focus on liquidity and funding needs.
- Engage with external credit providers to understand borrowing structures to meet internal business needs.
- Partner with fixed income portfolio managers to understand and explore opportunities to optimize returns.
- Manage money movement/payment types including ACH, wire, real-time payments, and stable coins; solution stable coin movements and identify/manage related risks.
- Engage with banking partners and internal stakeholders to:
- Initiate banking transaction process improvements.
- Understand bank analysis fees.
- Manage bank account governance and related controls.
- Conduct regular/quarterly banking partner reviews.
- Manage bank account establishment/alignment, fraud mitigation, cash forecasting, and payment contingencies.
- Maintain a focus on operational risk and process improvements specifically associated with banking structure and money movements.
- Collaborate with cross-functional partners in Payments, Accounting, Risk/Credit, and Engineering to facilitate the implementation of new products/services.
- Lead and facilitate treasury projects as assigned.
- Lead cross-functional projects to resolution, solving both strategic and tactical challenges.
What We’re Looking For
- Experience: 12+ years of relevant experience in a shared service Treasury environment with cross-functional teams, preferably in banking or financial services. In-depth knowledge of money movement (ACH, wires, real-time payments, stable coins), payment operations, risk/credit, and banking partner activities. Specific stable coin settlement knowledge and experience with credit facilities and lending solutions.
- Operational Excellence: Passionate about efficiency and detail. Ability to spot unusual patterns, review current processes, and implement improvements based on industry best practices. Proven ability to build processes and obtain measurable results.
- Analytical: Excellent analytical skills, including the ability to use business intelligence tools and sort through complex data to articulate business trends. High level of intellectual curiosity.
- AI Native Approach: In-depth experience using AI to solve corporate treasury needs, improve workflows, and create business efficiencies. You leverage AI for both tactical and strategic needs and champion AI solutions across the business.
- Thought Leadership: Serve as an internal subject matter authority by shaping strategy, contributing to financial objectives, and translating emerging treasury trends into actionable recommendations.
- Stakeholder Persuasion & Communication: Ability to distill complex treasury concepts to persuade and align diverse senior and executive stakeholders.
- Accountability for Function-Wide Results: Own the performance and outcomes of the Treasury function by defining and tracking key success metrics.
- Mentorship & Developing Others: Mentor and develop junior team members while fostering a culture of learning and knowledge-sharing.
- Discipline: Excellent time-management skills and ability to handle multiple tasks simultaneously.
- Self-Starter: Ability to explore and resolve issues independently.
- Attitude: Goal-oriented, positive, and proactive. Comfortable in a fast-paced, results-oriented environment.
Compensation
Our cash compensation range for this role is $140,000/yr to $170,000/yr in Denver & most remote locations, and $163,000/yr to $202,000/yr in San Francisco, Seattle & New York. Final offer amounts are determined by multiple factors, including candidate experience and expertise.
Office Expectations
Gusto has physical office spaces in Denver, San Francisco, and New York City. Employees based in those locations are expected to work from the office on designated days approximately 2-3 days per week. When approved to work from a location other than a Gusto office, a secure, reliable, and consistent internet connection is required.
Equal Opportunity
Gusto is an equal opportunity employer. We do not discriminate in hiring or any employment decision based on race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, genetic information, veteran status, gender identity or expression, sexual orientation, or other applicable legally protected characteristic.
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