Sr. Treasury Analyst
- Full Time
The Sr. Treasury Analyst is responsible for supporting the day-to-day cash positioning for Fidelity & Guaranty Life, including the timely and accurate accounting, managing and reporting of cash balances and movements in our various accounts and manages our daily cash position including liquidity forecasting. May also be responsible for managing the escheatment cycle. You will report directly to the Sr. Manager, Treasury and will have contact with various departments/areas, Investment Managers, Third Party Administrators and Banks. Duties and Responsibilities Manage the Company's multi-million dollar cash position in a timely and accurate manner by prioritizing the development of the daily cash position for Custody and Operating accounts, working within the Treasury Workstation, creating the daily Open Payable/Receivable and Balance Rollforward, ensuring settlement of the day's transactions, reconciling daily variances with intraday reporting, and escalating issues to management as appropriate. Maintain intensive and detailed Excel spreadsheets in support of Treasury Operations, must be able to review and debug complicated formulas to ensure accurate results Transition reporting and analysis activities from Excel into the Treasury Workstation Monitor cash disbursement requests, prioritizes, stages the item for payment, and records the cash impact for analysis. Proactively plan for contingencies and propose improvements. Identifies and proposes process improvements. Automation of manual tasks & processes. Engages knowledgeably and confidently with customers to satisfy requests in a timely manner within the confines of good judgement and the internal control environment. Act as primary reviewer for Treasury Excel-based reporting deliverables Manage cash disbursement requests, prioritizes, stages the item for payment, and records the cash impact for analysis. Assist the Treasury Manager with overseeing banking relationships. Proactively plans for contingencies and propose improvements. Develop and review weekly liquidity forecast (Cash Projection) with a rolling 52 week view, employing automated or systematically generated inputs: Communicates and interacts as primary interface with business unit managers to understand and project activities which materially impact liquidity. Analyzes the reasonableness and significance of account balance data as a primary driver of liquidity information. Conceptualize and develop forecasting drivers that assist in the creation and refinement of the weekly Cash Projection. Transparently partner with Financial Planning and Analysis to utilize their forecast results, provide feedback on assumptions, and refine Treasury Cash Projections accordingly. Understand the impact of the liquidity forecast on the weekly funding activities, act as a backup to perform this activity. May act as backup forecast preparer. May manage the bank fee analysis in an automated and regular fashion; track and model bank fees and custodial fees for forecasting purposes. Responsible for performing the escheatment cycle and ensuring the timely, accurate, and fully compliant filing of due unclaimed property. Perform the bank fee analysis in an automated and regular fashion; track and model bank fees and custodial fees for forecasting purposes. Monitor for bank fee errors, serve as point of contact for remediation Analyze banking activity, consider and develop banking strategies. Develop and maintains documentation of Standard Operating Procedures and Internal Control narratives related to the cash management functions with accuracy and completeness. Supports company-wide internal control objectives for Treasury by identifying key risks, adhering to controls, documenting controls for compliance and testing, assisting in the preparation of control self-assessments, and remediating any control gaps. Manage the interface with external banking institutions by acting as initial point of contact for issue resolution. Escalates issues to management for resolution when necessary. Prepares, processes, and records non-policyholder deposits on a daily basis. The successful candidate will have the following: Bachelor's degree in accounting or finance, or equivalent experience. 5-10 years Treasury experience preferred in a high-volume banking environment (many banks and accounts). Experience with automated banking and cash management systems required, preferably FIS Integrity. Insurance, Banking, or Financial Services experience preferred. We are looking for someone who will be a highly valued member of the treasury team Exercises good judgment in all aspects of performance, particularly in identifying when urgency is required. Highly motivated, self-starter & team player with a high energy level & willingness to aggressively take on responsibility. Able to make decisions/recommendations based on analysis of data and trend analyses. Strong computer knowledge including working knowledge of financial based accounting packages, spreadsheets and word processing software. Able to work and effectively communicate with all levels of management, including executive management. Strong computer knowledge including working knowledge of financial based accounting packages, spreadsheets and word processing software. Excel proficiency required, including comfort with pivot tables, IF statements, SUMIFS, INDEX/MATCH, VLOOKUP, HLOOKUP. Strong communicator with sufficient verbal and writing skills. Recognizes the importance of a communication serving as evidence in the audit trail. Comfortable gaining management's attention to communicate immediate concerns. Strong analytic skills, high level of accuracy, and the highest attention to detail. Highest level of integrity and commitment to achieving goals. Willingness to double-check work before handing it off. Support effective partnerships with key groups and individuals and have good consultation and change management skills. Able to produce in a fast-paced environment while effectively addressing multiple projects and responsibilities.