Senior Treasury Manager at Ascot Group

, , Bermuda -

Full Time

Start Date

Immediate

Expiry Date

01 Sep, 26

Salary

0.0

Posted On

03 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cash Forecasting, Liquidity Management, Treasury Accounting, Collateral Management, FX Management, Bank Relationship Management, KYC Compliance, Intercompany Settlements, Corporate Credit Card Management, Treasury Management Systems, Risk Management, Analytical Skills, Communication Skills, Time Management, Organizational Skills, AI Integration

Industry

Insurance

Description

ESSENTIAL FUNCTIONS AND BASIC DUTIES: * Maintain and enhance the cash forecasting system and structures that optimize daily and monthly cash flow for the Bermuda Companies and minimize funding requirements * Recommend improvements to cash management activities and to work closely with AR, AP, Claims, Finance and Accounting to ensure liquidity requirements are met * Review of liquidity requirements on a daily, weekly and monthly basis * Administration of bank accounts and user access, including opening, closing, and monitoring of bank accounts * Manage day-to-day banking relationship contacts * Manage periodic KYC banking requirements * Coordinate intercompany billings and settlements * Manage the corporate credit card program * Initiate, validate and approve corporate payments * Manage collateral requirements * Support the implementation of the Treasury Management System * Improve upon established Treasury processes, procedures, and policies. * Periodical review of Treasury policies relating to cash management, approval limits, bank mandates, and risk management * Manage bank counterparty risk and reporting * Project lead for ad-hoc Treasury projects * Adopt and Integrate AI methods to streamline and create efficiencies in Treasury processes EXPERIENCE AND SKILLS REQUIRED: * 7 years experience in managing the treasury function as well as experience of treasury accounting including FX, liquidity, cash flow and various financial instruments. * Experience in Collateral management and reporting * Knowledge of the insurance industry required * Proficiency in Microsoft Office Suite applications (Outlook, Word, Excel, and PowerPoint) * Experience with the FIS-Integrity treasury management system is a plus * Experience in SUN general ledger is a plus * Strong analytical skills * Extensive technical knowledge of banking, preferably in Treasury * Ability to build relationships across all business functions * Demonstrated ability to work in a team, interact with others, meet deadlines, and successfully perform in a changing/fast paced environment work environment * Excellent written and verbal communication skills * Strong time management and organizational skills * Desire to work as part of a team in a collaborative environment * Bachelor’s Degree in Finance, Accounting or Business

Responsibilities

The Senior Treasury Manager will oversee cash flow forecasting, liquidity requirements, and collateral management for Bermuda companies. They will also manage banking relationships, corporate payments, and the implementation of Treasury Management Systems.