Job Details
GEICO is searching for a highly motivated leader to join our Treasury team! The Treasury Senior Manager for Corporate Banking and Short-term Investments is a key position and will report to the Director of Treasury. This is a great opportunity for someone looking to add immediate value and impact to a fast-changing company and help evolve the Treasury function.
The Senior Manager will be responsible for various aspects of treasury operations including but not limited to cash management, short-term investments, banking strategy, cash flow forecasting, in addition to supporting broader corporate finance strategies. This includes oversight of bank and brokerage account strategy, as well as account opening and management, funding and liquidity management and investment of short- term cash balances.
The successful candidate must be able to work in a fast-paced environment in a role with high visibility and accountability, and work with multiple partners (internal and external). Additionally, this candidate is excited about an opportunity to revamp and improve existing processes, identify and execute on new solutions, is self-driven and able to prioritize multiple concurrent, complex tasks while maintaining a strong attention to detail. Strong written and oral communication skills and interpersonal skills are critical for success as this role frequently engages with partners across the Finance team, GEICO, as well as banking partners and financial services providers.
Key Responsibilities:
- Oversee treasury activities around cash management, banking strategy, cash forecasting, short-term investing, and broader corporate finance strategies. This includes oversight of bank and brokerage account strategy, as well as account opening and management, funding and liquidity management, and investment of short- term cash balances.
- Actively manage banking relationships. Responsible for driving banking strategy and pricing, account structure and management.
- Partner with Controllers and other to ensure accurate and automated cash flow forecast.
- Oversee short-term investment activities to optimize returns.
- Oversee timely reporting and reconciliation of all cash activity.
- Ensure all Treasury procedures, internal controls, SOX requirements, etc. are followed and identify and monitor industry and market trends to further enhance controls and processes.
- Develop new controls and procedure documents where needed and/or appropriate. Develop and maintain treasury operational policies.
- Aware of industry trends and the potential impacts to GEICO, anticipate change and position the treasury function for the future.
- Partner with systems and technology teams to identify areas for improvement, document requirements, and help implement new treasury management technologies.
- Ad hoc project support.
Qualifications: - 10+ years of relevant experience in cash management and/or corporate finance / banking background, with experience managing a team of 5 or more.
- Bachelor's degree in finance, economics, accounting or related field with strong preference for additional graduate degrees or certifications (Masters, MBA, CTP, etc.).
- Strong knowledge of cash management principles as well as bank products and services online banking tools, wires, ACH, credit card processing etc.
- Proficiency in MS Excel. Must have financial modeling skills and analytical skills.
- Experienced in handling complex banking structures as well as banking systems and processes.
- Strong organizational skills, attention to detail and commitment to high-quality work.
- High level of integrity. Ability to maintain confidentiality of sensitive and proprietary information.
- Demonstrated ability to manage multiple key stakeholders and coordinate across various teams to execute necessary functions and agreed upon plans.
- Strong oral and written communication skills including strong presentation skills.
Benefits:
The safety of our associates is GEICO's highest priority. If you are required to come into the office for licensing, training, or orientation, please note that we have implemented a variety of safety precautions within our offices. Additional safety precautions include no-contact temperature screening stations, added signage for associates on common-area occupancy limits, socially distanced workstations, and increased cleaning procedures for all areas.
As an Associate, you'll enjoy our Total Rewards Program * to help secure your financial future and preserve your health and well-being, including:
Premier Medical, Dental and Vision Insurance with no waiting period
Paid Vacation, Sick and Parental Leave
401(k) Plan
Tuition Reimbursement
Paid Training and Licensures
*Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.
Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.
#LI-EW1
At this time, GEICO will not sponsor a new applicant for employment authorization for this position.
Benefits: As an Associate, you'll enjoy our Total Rewards Program * to help secure your financial future and preserve your health and well-being, including:
- Premier Medical, Dental and Vision Insurance with no waiting period
- Paid Vacation, Sick and Parental Leave
- 401(k) Plan
- Tuition Reimbursement
- Paid Training and Licensures
*Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.
Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.