Corporate Treasury Accountant

Groma is blending real estate and technology to unlock a new real estate asset class while making it easier for everyone, from institutional investors to the residents in our buildings, to participate in ownership. Our property technology platform uses AI to bring new efficiencies to the small unit count multifamily sector, enabling us to efficiently acquire, upgrade, and operate these 2-20 unit multifamily buildings and bring institutional performance to this massive but historically overlooked sector. Our investor technology platform makes owning these assets accessible to a broad array of investors, with bespoke vehicles available to institutional and family office investors and our flagship vehicle, the blockchain-powered GromaREIT, available to everyone, with a special focus on enabling ownership for the residents in our buildings. Visit www.groma.com to learn more about us.

About The Role

This role is responsible for the comprehensive management of the company's treasury and financial operations. The ideal candidate will oversee liquidity and cash management, ensuring the business has the necessary funds while optimizing their use. They will also manage debt and capital, maintain strong banking relationships, and conduct sophisticated financial modeling and forecasting to support strategic decisions. The position involves key responsibilities such as managing day-to-day treasury functions, ensuring regulatory compliance, and identifying process improvements for efficiency and cost savings. Additionally, the role includes managing tenant deposits, supporting audits, and handling investor subscriptions and redemptions, ensuring all financial activities are well-governed and compliant.

• Liquidity Management: Oversee daily cash management operations, ensuring adequate liquidity to support business operations while optimizing cash utilization
• Debt and Capital Management: Manage debt payments, borrowings, and compliance with debt covenants, ensuring strategic alignment with financing agreements
• Banking Relationships: Manage relationships with banking partners, open and negotiate banking services, and ensure compliance with financial agreements
• Financial Modeling: Conduct comprehensive financial modeling, scenario analysis, and liquidity forecasting to guide strategic decision-making around capital allocation, debt management, and financing alternatives
• Cash Management: Manage day-to-day treasury functions including cash strategies, corporate borrowing, investing, cash flow forecasting, cash receipts, cash disbursements and account reconciliations
• Tenant Deposit Management: Manage day-to-day tenant deposit transactions to ensure compliance with state and local regulations. Consider optimizations for
• Process Improvement: Identify opportunities for cost savings, automation, and process enhancements including AI-driven forecasting and account reconciliation automation
• Governance & Compliance: Develop, implement, and maintain necessary governance documentation including policies, procedures, controls, and process flows over treasury activities
• Banking Services Optimization: Define strategy for and manage all banking services and fees, including credit card processing fees and corporate credit card program
• Audit Support: Assist with the preparation of audit support and compliance documentation
• Replacement Reserve and Lending Facility: Manage internal replacement reserves, helping to determine contribution levels, disbursements and target balances. Operate intercompany lending facilities, determining loan capacity, repayment, and recording interest for both borrower and lender.
• Fund Administration Support: Process investor subscriptions, redemptions, and transfers, ensuring accurate and timely execution of capital movements while maintaining proper documentation and compliance with fund terms

Qualificaitons

• Bachelor's degree in a related field or equivalent practical experience, Masters Degree or professional certification (e.g. CTP) is a plus
• 3+ years of relevant work experience in a corporate treasury, cash management, or similar financial role.
• Strong knowledge of financial modeling, forecasting, and scenario analysis
• Experience with debt management, banking relationships, and financial instruments
• Excellent analytical and problem-solving skills with a keen attention to detail
• Ability to work in a fast-paced environment and manage multiple priorities effectively
• Familiarity with financial software and treasury management systems
• Solid understanding of financial regulations and compliance requirements
• Excellent communication and interpersonal skills, with the ability to collaborate with internal and external stakeholders

About Our Culture

At Groma, we’re looking to build something big and are on a fast growth trajectory. While a healthy work-life balance is important to our team, we want to be upfront that there may be times when we expect commitments outside of the standard 9-5. We strive to respect individuals and their needs while also acknowledging the reality that we have a small team that is trying to accomplish some very ambitious goals in a short time period.  

We are also focused on maintaining our dynamic in-office culture at Groma’s headquarters in beautiful downtown Boston, Massachusetts. We believe that in-person collaboration and spontaneous interpersonal interaction is critical to the company’s success at this stage. Also, our office is great. We own the whole building and have made it very much our own space. We’ve got a gym, shower/locker rooms, a game room, a rooftop garden, and all the normal stuff to make an office a comfortable work environment and a fun place to be. We understand that everyone will need flexibility from time to time, but want to be transparent with this expectation.

We have an ever-evolving list of values and conventions that guide how we operate as a company, but here are some of our core ones:

• We approach our work with pragmatic idealism that enables us to focus on our desire to make the world a better place in ways big and small while also being open to intelligent compromises that accelerate us on our path to serve our broader societal goals.
• Our whole team believes strongly that the challenges we are trying to solve require effective teams, not individual heroes.
• We have complex conversations well. We sit at the intersection of housing and blockchain policy, both nuanced topics with real-world impacts. We pride ourselves on being thoughtful, seeking the best solutions to real-world challenges, and implementing them effectively in the real world.

Benefits & Perks

• Competitive salary for the Boston area
• Early stage equity in a quickly growing startup
• 5% 401k match
• Fully covered high-quality health and dental insurance plans
• Fully covered commuter passes for bus, subway, boat, or commuter rail
• Unlimited PTO
• 13 official company holidays
• 1 floating holiday: We recognize that there are lots of holidays that are meaningful to different people in different ways and we want to celebrate that by enabling team members to have the time/space to commemorate those days however is appropriate, and using it as an opportunity - if they’d like to - to share the meaning of that day with the broader team
• A beautiful office in downtown Boston with a gym, locker rooms, game room, rooftop garden, and several catered lunches a week