Treasury and Banking Manager

Role Overview 

Reporting to the Group Controller, the Treasury & Banking Manager will be responsible for managing the company's cash, investments, bank accounts and relationships, monitoring and forecasting cash flow, and ensuring efficient treasury operations. This role requires strong analytical skills, a deep understanding of treasury functions, and the ability to work collaboratively across departments. 

How You’ll Do It

• Monitor daily cash and investment positions, ensuring adequate liquidity for operational needs.
• Oversee cash flow forecasting for each legal entity.
• Ensure sufficient funds are available to meet ongoing operational and capital requirements.
• Advise management on the liquidity aspects of its short-range planning.
• Maintain and strengthen relationships with banks and financial institutions.
• Negotiate banking services and fees to ensure cost-effective solutions.
• Manage bank account structures, ensuring alignment with company needs and GAAP and statutory requirements.
• Develop treasury reporting dashboards appropriate for various stakeholders and track KPIs.
• Develop appropriate reporting and modeling capabilities to support short-term liquidity forecasting needs, working closely with FP&A.
• Manage and maintain bank account authorities, access and legal contracts.
• Develop and ensure appropriate controls and reconciliations exist for all cash and investment accounts.

The Right Stuff

• Bachelor’s degree in finance, accounting, or business required.  
• Minimum of 8 years of experience in treasury, banking, or financial management, preferably within the insurance industry.
• Proven track record of managing cash flow, banking relationships, and treasury operations.
• Strong treasury function, cash management, and financial risk management knowledge.
• Strong attention to detail.
• Advanced Excel skills and experience with financial modeling.
• Excellent analytical, problem-solving, and organizational skills.
•  Strong communication and interpersonal skills

Last updated on Aug 22, 2024