Supervisor, Treasury

AmTrust Financial Services Inc.; Jersey City (NJ); On-site; USD 74,000 - 125,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

Flexible Spending Account

Dependent Care

401k Savings Plan

Paid Time Off

Job summary

AmTrust Financial Services Inc. seeks a Treasury Manager to oversee cash and investment portfolios, leveraging a Treasury Management System to maintain liquidity and safeguard assets.

The role requires strong financial analysis, leadership, and strategic planning within a fast-paced environment. You will manage day-to-day cash operations, oversee reporting to leadership and the board, and collaborate across finance teams to optimize funding and investment opportunities.

Qualifications

• Bachelor's degree required in Accounting, Finance, Business or Economics.
• Minimum 5+ years in Treasury/Finance/Accounting roles.
• Experience with Treasury Management Systems and/or banking software.
• Advanced Excel with PivotTables; strong PowerPoint skills.
• Proactive problem solving with quantitative intuition.
• Strong analytical, financial modeling and risk analysis abilities.
• Excellent written and verbal communication; supervisory experience.
• Detail oriented, reliable, and able to work with minimal supervision.
• Ability to learn new systems quickly; strong organizational skills.

Responsibilities

• Lead a diverse team and guide project interventions to meet goals.
• Oversee daily cash, investments and liquidity management activities.
• Manage corporate liquidity and ensure adequate funding for large payments.
• Centralize cash management processes for efficiency and control.
• Prepare reports for accounting, management and board of directors.
• Review weekly payment proposals and ensure timely processing.
• Monitor bank fees, lockboxes, and card services per guidelines.
• Support strategic planning and special projects as needed.
• Stay current with market trends and demands.

Skills

Advanced Excel

PivotTables

Financial analysis

Quantitative intuition

Communication skills

Supervisory skills

Problem solving

Time management

Education

Bachelor's degree in Accounting, Finance, Business OR Economics

Tools

Treasury Management Systems

Banking Software

Job description

Overview

Oversee the organization's cash and investment portfolio utilizing TMS (Treasury Management System) to ensure appropriate cash flow levels are maintained and ensure assets are safe guarded with investment returns commensurate with the risk profile outlined by the Board of Directors. Maintains a solid understanding of AmTrust's mission, vision, and values. Upholds the standards of the AmTrust organization.

Responsibilities

• Manages a team with a diverse array of talents and responsibilities.
• Implements and manages changes and interventions to ensure project goals are achieved.
• Manage cash balances to ensure that the corporation and its subsidiaries have adequate liquidity to meet operating cash needs.
• Identify and implement best practice process and procedures to centralize and integrate cash management for maximum efficiency.
• Oversee day-to-day cash, cash investments, liquidity management activities and ensure the safeguard of assets utilizing the TMS.
• Coordinate and ensure business units compile rolling weekly cashflow forecasts and manage seasonal liquidity to ensure adequate funding for large payments.
• Support the finance team in identifying and analyzing investment opportunities and make recommendations to management for execution.
• Provide reporting to accounting, management and board of directors.
• Review and approve weekly payment proposals and ensure payments are processed timely.
• Monitor and optimize bank fees, lockboxes and card services in support of established guidelines.
• Facilitate the selection, placement of new employees, and guide/coach employees' work behavior and development to result in a motivated and productive workforce, who have the skills, knowledge and abilities to function effectively to achieve/exceed quality and productivity goals.
• Participate in continual improvement/quality initiatives, policies and processes in order to achieve quality and profitability goals.
• Assist and participate in special project and strategic planning activities as needed.
• Keeps current with market trends and demands.
• Performs other functionally related duties as assigned.

Qualifications

Required:

• Bachelor's degree in Accounting, Finance, Business OR Economics.
• Minimum 5 years related experience in a Treasury/Finance/Accounting team.
• Experience using Treasury Management Systems AND/OR Banking Software.
• Advanced proficiency in Excel (ability to utilize a wide array of formulas and PivotTables) and PowerPoint.
• Ability to proactively solve problems and escape issues through the proper channels and strong, polished presence with quantitative intuition.
• Strong quantitative AND/OR risk analysis skills.
• Strong analytical AND/OR financial modeling skills.
• Effective written and verbal communication skills
• Demonstrated supervisory skills.
• Proactive, detailed-oriented, flexible, good time management skills, reliable.
• Ability to quickly learn new technology systems and software
• Excellent organizational and analytical skills with superior problem-solving ability.
• Able to work in a fast-paced environment with little supervision.
• Must be a self-starter.

Preferred:

• Certified Treasury Professional (CTP)

The expected salary range for this role is $73,600k - $125k/annually

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

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What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include:

• Medical & Dental Plans
• Life Insurance, including eligible spouses & children
• Health Care Flexible Spending
• Dependent Care
• 401k Savings Plans
• Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.