Manager, Treasury

The nation's leading administrator of insurance services is looking for YOU. This is your opportunity to join a company with a culture that promotes respect for people, integrity, learning and initiative.

WE ARE THE KIND OF EMPLOYER YOU DESERVE.

illumifin is a leading provider of business process outsourcing for the insurance industry, managing policies for the nation's largest insurers. We also provide clients with unique risk management insight built upon our proprietary databases.

The illumifin Treasury Manager oversees and monitors all cash inflows and outflows as well as all banking and treasury operations. The role is responsible for setting up and managing bank accounts (internal and client based) while ensuring a proper separation of duties is present. The role also leads the accounts receivable & billing, cash forecasting, cash monitoring, and reporting to the bank and lenders.

Responsibilities Include

• Developing and maintaining cash flow and rolling 13-week cash flow forecasting models
• Preparing and communicating material trends and variances to previous forecasts to senior management and to investors/lenders
• Monitor and manage the company's cash position to ensure that cash requirements are accurately and timely forecasted
• Coordinates and manages client Accounts Receivable calculations and collection oversite.
• Develops and maintains Accounts Receivable reporting and tracking.
• Oversees and monitors client collections and manages past due accounts.
• Coordinates with AP and Vendor Management Office to ensure compliance with vendor contracts and terms related to payment terms
• Monitoring compliance with debt agreements, preparing covenant compliance analysis and providing covenant compliance reports to investors/lenders
• Assists Financial Planning and Analysis department with budgets and reforecasts.

• Strong engagement skills with key stakeholders internally and externally with key bankers and legal teams
• Prepare presentations and ad-hoc reporting and analysis at management's request
• Assist with integrating new acquisitions into the treasury department
• Identify and implement process efficiencies, including automation of recurring tasks
• Research economic trends and managing interest rates on debt instruments
• Provide input to strategic decisions that affect the functional area of responsibility
• Other duties as assigned
• Requires coordination and communication with other departments

Education

• Bachelor's Degree required in finance or accounting
• MBA, CTP, or CFA preferred

Preferred Experience

• Minimum of 5 years working in Treasury and Accounting environment
• Minimum of 2 years supervisory experience
• Experience with banking platforms
• High degree of proficiency with Microsoft Excel, PowerPoint, and business analytic tools and ERP systems
• Experience with cash forecasting, budgeting, and lender covenant ratio calculations
• Strong understanding of the balance sheet, income statement, and cash flow statement
• Experience in communicating with executives, banking, and other financial institutions for treasury reporting
• Experience with integrations of different companies

• Reviews bank account fee structure, with regular reporting and improvement suggestions to upper management
• Prepares/reviews guaranteed payments calculations
• Other Treasury related projects as needed

• Banking/Credit facility negotiation, three statement model and cash forecasting experience
• Proficient in MS Excel, PowerPoint, banking platforms, and treasury systems

SKILLS/QUALITIES

• • Strong verbal and written communication skills
  • High energy, passionate individual who is focused on continuous improvement
  • Curious mindset and desire to work collaboratively with various internal stakeholders to pragmatically resolve issues and questions
  • Attention to detail and accuracy of accounts
  • Works well across a multi-site organization
  • High integrity and personal standards for quality of work
  • Effective problem solver and motivator
  • Motivated by and thrives in a fast-paced environment with frequent ad hoc requests and changing priorities

• Ability to grow with the company

• Strong organizational, analytical, and communication skills
• skills
• Excellent communication, analytic, and problem-solving abilities

Key Personal Attributes Include:

• Strong team leadership and interpersonal skills, emphasizing teamwork, initiative, and integrity
• Demonstrated ability to work independently and drive results in a dynamic environment
• Ability to manage multiple projects concurrently and adhere to deadlines
• Effective engagement skills to influence and build credibility with stakeholders
• Eagerness to contribute to the development of a highly effective treasury organization
• Possess an Innovative and collaborative mindset

• Daily liquidity
• • Design, implement, and manage an enterprise-wide direct cash flow forecasting model
  • Optimize borrowing and investment strategies based on daily liquidity management
• Other responsibilities
• • Review, recommend, and implement changes to current Treasury reporting
  • Support M&A activities for Treasury