Director, Cash Management

Essential RESPONSIBILITIES And ACCOUNTABILITIES

• Oversee global cash management operations to ensure adequate funding for ongoing business operations, working capital fluctuations and strategic opportunities while practicing fraud prevention strategies and controls to mitigate risk of financial loss
• Oversee payment disbursement processes to ensure timely, accurate, and controlled execution of payments, including appropriate approvals, funding validation, and compliance with internal controls and bank requirements
• Maintain short-term cash flow forecasts
• Ensure that the companies and their subsidiaries have adequate liquidity at all times to meet operating needs while minimizing operating cash balances
• Identify, recommend, and implement best practice processes and procedures to centralize and integrate cash management for maximum security and efficiency while always maintaining fraud prevention strategies and controls to mitigate risk of financial loss
• Develop and maintain metrics focused on operating cash levels and activity relating to Treasury initiatives
• Develop and deliver clear, insightful presentations tailored for diverse audiences, including internal teams, external partners and senior management, to support informed decision-making and strategic alignment
• Maintain a robust system of internal controls, policies, and procedures to ensure strong Treasury controls with responsibility to SOX, Internal Audit and external auditors
• Supports all projects related to Treasury - providing analytical, research and planning support. Work with business units on strategic initiatives related to receipts, disbursements, foreign currency, and bank service needs. Provide robust evaluation and articulate the pros/cons of available solutions and emerging trends

Knowledge & Skills

• Specific knowledge and expertise in payments including modern developments and international formats
• Strong control orientation and focus on fraud prevention
• Ability to collaborate and influence colleagues across complex organizations, within a shared services environment
• Expertise in treasury operations, cash management, payroll services and investment concepts, practices and methods
• Strong analytical, problem solving, decision-making, strategic thinking, and planning skills
• High level of accuracy, attention to detail, and ability to work on multiple objectives at one time
• Detailed understanding of capital planning, corporate finance, forecasting, investment concepts, practices and methods
• Provide strong leadership and the ability to attract and retain strong performing individuals, setting a career path for direct reports in multiple locations
• Ability to articulate strategies through strong communication and presentation skills

Education & Experience

• Required experience would typically be acquired through a BA/BS in Business, Accounting or Finance and 8+ years in a large Global Corporate Treasury Operations setting
• Certified Treasury Professional (CTP) highly desirable
• Prior experience in the insurance industry and knowledge of international clearing mechanisms, ERP systems, Treasury Management Systems and payment strategies preferable