Treasury Analyst Job

DATE: Sep 19, 2023

LOCATION: Lancaster, Pennsylvania, United States, 17603

Company: Armstrong World Industries

Primary location: Lancaster, Pennsylvania 
Relocation offered: No 
Employment status: Full-Time 
Travel: No 
Non-compete: No 

The estimated base salary range for this role is 57,630 to $97,600 per year.  
Individual pay is based upon location, skills and expertise, experience and other relevant factors

​What does it mean to work at Armstrong?

It means being immersed in a supportive culture that recognizes you as a key player in Armstrong's future. We are a large company with a local feel, where you will get to know and collaborate with leadership and your colleagues across the company.

By joining us, you'll have the opportunity to make the most of your potential. Alongside a competitive remuneration package, you will receive:

A benefits package including: medical, dental, prescription drug, life insurance, 401k match, long-term disability coverage, vacation and sick time, product discount programs and many more.
Personal development to grow your career with us based on your strengths and interests.
A casual work environment where we have a recognition program for our team, and service awards. You will also be able to make the most of our fitness center and lunchtime cafe. 
A working culture that balances individual achievement with teamwork and collaboration. We draw on each other's strengths and allow for different work styles to build engagement and satisfaction to deliver results. 



The Treasury Analyst contributes to a broad spectrum of Treasury and Insurance Risk Management activities. The Treasury Analyst will team with the department’s other Treasury Analyst to execute the day-to-day Treasury activities of the company, including cash management, liquidity planning and insurance analytics. In addition, the Treasury Analyst will be responsible for generating key weekly and monthly reports. The Treasury Analyst will report to the Treasury & Risk Manager. 


Essential Duties and Responsibilities include the following. Other duties may be assigned.


  • Facilitate daily treasury operations and ensure accurate cash reporting.
  • Process treasury invoices and electronic payments requests from subsidiaries and the Financial Services team.
  • Monitor and analyze the company’s cash position. Obtain accounts receivable and accounts payable reports from subsidiaries and the Financial Services team to develop the weekly cash forecast.
  • Process daily cash and cash reconciliations and subsequent journal entry postings; assist with miscellaneous check deposits.
  • Analyze and report on monthly bank service fees.  Explore and evaluate bank services and processes and incorporate best practices. 
  • Assist joint venture with cash transactions, cash flow and analysis.
  • Serve as bank administrator for users, audit reviews and service modifications.
  • Provide information in connection with the external and internal audits, and monitor cash management activities to ensure compliance.
  • Assist in maintaining banking records and legal documentation, including SOX and FBAR-related documentation.
  • Liaise with company’s subsidiaries in setting up new bank accounts, services and handling inquires and related matters.
  • Act as liaison between accounting and other functions on all treasury related matters.
  • Prepare monthly workers’ compensation reporting package and investigate variances.  Reconcile monthly invoices.
  • Assist with insurance renewal process and state insurance filings.
  • Manage the certificate of insurance process and maintain the company’s database of existing certificates.
  • Assist with the issuance and maintenance of surety bonds and standby letters of credit related to the company’s workers compensation and casualty insurance program.


Supervisory Responsibilities:  None


Travel:  Minimal; less than 5%



To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.


  • Very detail oriented with a need for accuracy
  • Ability to comprehend cash movement and post journal entries
  • Strong organizational skills with the ability to multi-task in an independent environment
  • Strong process improvement orientation
  • MS Office proficiency, especially Excel
  • Experience with online banking portals, treasury management systems and software
  • Familiarity with Sarbanes – Oxley (SOX)


Education and/or Experience


  • Bachelor's degree preferred or equivalent work experience
  • Minimum of 2 years of finance/accounting work experience



Why should you join Armstrong World Industries?

Armstrong World Industries (AWI) is a leader in the design and manufacture of innovative commercial and residential ceiling, wall and suspension system solutions in the Americas. With approximately $1B in revenue, AWI has about 2,800 employees and a manufacturing network of fifteen facilities in North America.


At home, at work, in healthcare facilities, classrooms, stores, or restaurants, we offer interior solutions that help to enhance comfort, save time, improve building efficiency and overall performance, and create beautiful spaces.


For more than 150 years, we have built our business on trust and integrity. It set us apart then, and it sets us apart now, along with our ability to collaborate with and innovate for the people we're here to serve - our customers, our shareholders, our communities and our employees.


We are committed to developing new and sustainable ceiling solutions, with design and performance possibilities that make a positive difference in spaces where we live, work, learn, heal and play. It's an exciting, rewarding business to be in, and we're committed to continue to grow and prosper for the benefit of all of our stakeholders. We hope you join us.


Our Sustainability Ambition

"Bringing our Purpose to Life" - lead a transformation in the design and building of spaces fit for today and tomorrow.
We are committed to:

  • Engaging a diverse, purpose-driven workforce;
  • Transforming buildings from structures that shelter into structures that serve and preserve the health and well-being of people and planet;
  • Pursuing sustainable, innovative solutions for spaces where we live, work, learn heal and play;
  • Being a catalyst for change with all of our stakeholders; and
  • Making a positive difference in the environments and communities we impact.


About the location (Lancaster PA)

Lancaster, PA. A great central location in South Central Pennsylvania, Lancaster is ideally situated for easy access to major metropolitan cities such as Philadelphia, Baltimore, Washington DC, and New York City. Lancaster offers a vibrant arts and entertainment community with wonderful historic sites, B&Bs, museums, great shopping, entertainment venues and restaurants.


Armstrong is committed to engaging a diverse, purpose-driven workforce.  As part of our dedication to diversity, AWI is committed to Equal Employment Opportunity and all qualified applicants receive consideration for employment without regard for race, sex, color, national origin, ethnicity, gender, protected veteran status, disability, sexual orientation, gender identity, or religion. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, you may contact us at by email at AWI talent acquisition and let us know the nature of your request and your contact information. Requests for accommodation will be evaluated on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.

Come and build your future with us and apply today!

Job Segment: Workers Compensation, Accounts Payable, Accounts Receivable, Recruiting, Business Process, Human Resources, Finance, Management