Manager, Accounting - Treasury Banking Operations

3M HEALTHCARE; Saint Paul (MN); On-site; USD 85,600 - 141,200; Full time

Benefits offered by this job

Health Insurance

401(k) matching program

Pension plan

Paid time off (minimum 20 days)

Job summary

Travelers is seeking a Manager, Accounting in the Treasury Banking Operations department. The role focuses on preparing and reviewing bank reconciliations and maintaining strong internal controls while delivering accurate financial reporting.

You will interact with internal and external stakeholders, manage complex analyses, and support audits under Sarbanes‑Oxley requirements. A CPA/CMA or similar designation is highly valued.

Qualifications

• Bachelor's degree in finance, accounting, economics or related field; CPA/CMA or equivalent is a plus.
• Experience applying accounting theory in financial services or insurance.
• Excellent communication skills to consult on projects and present information effectively.
• Ability to influence team members and management.
• Strong data analysis skills to interpret trends and provide insights to business partners.

Responsibilities

• Prepare and review complex bank reconciliations with the company ledger.
• Serve as senior liaison for offshore reconciliation teams.
• Administer cash accounts in Frontier Reconciliation System and coordinate with internal systems.
• Analyze complex financial data for variance analysis and reporting.
• Prepare and review GAAP, SEC, and STAT financial reporting documentation.

Skills

Data analysis

Communication

Influence & leadership

Strategic thinking

Project management

Education

Bachelor's degree in finance, accounting, economics

CPA or CMA or comparable designations

Tools

TM1

Essbase

Hyperion

Microsoft Office

Job description

Compensation Overview

Salary Range: $85,600.00 - $141,200.00. Additional performance-based cash incentive awards may be available.

What Is the Opportunity?

Travelers' accounting team serves as the steward of our financial information and controls to ensure compliance with all internal policies and external requirements. The team creates transparency about the health of the company by providing timely, accurate, and actionable information to all stakeholders. As a Manager, Accounting in the Treasury Banking Operations department, you will be responsible for the preparation and review of Travelers’ bank reconciliations, ensuring timely and accurate books and records for reporting to both internal and external parties while maintaining a strong control environment.

What Will You Do?

• Prepare and review more complex reconciliation of bank activity to Company’s ledger activity.
• Act as senior liaison for offshore bank reconciliation team.
• Administer new and closed cash accounts in our Frontier Reconciliation System and notify Travelers internal systems.
• Compile, review, and analyze complex financial data for variance analysis, reporting, and accuracy to interpret and understand trends.
• Conduct a review for accuracy and completeness and approve internal management-based financial reporting, both routine and ad hoc for complete and consistent results with corporate policies and standards.
• Prepare Treasury activities related to external financial statements, including GAAP (Generally Accepted Accounting Principles), SEC and STAT (Statutory Accounting Principles).
• Perform and review financial controls in accordance with Sarbanes‑Oxley requirements.
• Prepare and review complex documentation to support internal and external audits, with some interaction with internal auditors.
• Maintain compliance with various financial external regulatory requirements and internal accounting policies.
• Participate in projects that involve complex analysis and implementation of routine business and financial regulatory changes relating to financial reporting, such as reorganizations, mergers and acquisitions, etc.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Bachelor's degree in finance, accounting, economics, and/or professional designations such as CPA or CMA or comparable advanced professional education.
• Experience with accounting theory and practice within the insurance and financial services industry.
• Excellent communication skills with the ability to consult on projects and present information effectively.
• Ability to influence team members and management.
• Strong data analysis skills with the ability to interpret trends and provide insights and recommendations to business partners.
• Manage multiple projects simultaneously and follow through to ensure timely completion.
• Ability to think strategically and use judgement to resolve issues as they arise.
• Experience using Microsoft Office (Excel, Word, Outlook, PowerPoint) and financial reporting software (TM1, Essbase, Hyperion, etc.).
• Ability to apply basic accounting and financial concepts to financial systems and processes.

Must Have:

Three years of finance, accounting, financial planning, or related experience.

What Is in It for You?

Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.

Retirement: Travelers matches your 401(k) contributions dollar‑for‑dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.

Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company holidays.

Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.

Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.