Pekin Insurance
Director of Treasury
Pekin Insurance - Pekin, Illinois, us, 61558
Work at Pekin Insurance
Overview
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Overview
IL Pekin Home
2505 Court Street
Pekin, IL 61558, USA
IL Pekin Home 2505 Court Street Pekin, IL 61558, USA
Pekin, IL - Hybrid | Pekin, IL - Hybrid 2505 Court St Pekin, IL 61554, USA
Pekin, IL - Hybrid | Pekin, IL - Hybrid 2505 Court St Pekin, IL 61554, USA
You spend at least a third of your day at your job. You might as well spend it doing something you really love while working with a team you really enjoy being with, right? That’s the kind of atmosphere we offer at Pekin Insurance—fun, fast-paced, gratifying, supportive, and collaborative. Of course, it’s not all fun and games. Insurance is a serious business, and we pride ourselves on making people’s lives whole again after a major disaster or even a fender bender. It’s that sense of helping people that makes our team want to do our best every day. If you want to be excited about starting your workday and are ready to make a real difference in people’s lives, this could be the right spot for you. See what Pekin Insurance has to offer by viewing a short video here. Position Overview The Director of Treasury is responsible for the determination of cash requirements, short-term cash investments, and maintenance of appropriate cash flow. Establishes short-term borrowing needs and recommends short-term investment initiatives. Directs and manages operations of the treasury function and prepares and analyzes department reports, financial accounting records, cash flow analysis, credit agreement compliance, and projections. Essential Job Functions Manages day-to-day operations and transactions of the Treasury Department Coaches and develops treasury staff Focuses on company-wide liquidity needs and repositions available liquidity to yield a higher return for the organization Works closely with all existing and new banking and investment manager relationships Works closely with CFO on reviewing and managing the enterprise investment portfolio Manages all cash management functions including cash collections, wires and account funding Ensures adequate liquidity for working capital needs and invest short-term excess cash Forecasts cash sources and uses and investment returns Oversees cash management banking and financial institution relationships; negotiates bank and service fees Implements new bank technologies, products and services to improve the cash cycle and simplify company operations Prepares and presents to the CFO weekly company-wide cash flow report Develops reporting package on company’s liquidity and key cash management operating metrics Leads and enhances internal processes to drive operational efficiency and to ensure compliance with internal policies, controls and procedures Develops and monitors treasury operational policies Performs other duties as assigned Education & Experience Required Bachelor’s degree in Accounting, Finance, or Business Requires 8+ years relevant work experience 5+ years of experience leading and managing teams Preferred or Specialized Master's degree in Accounting, Finance, or Business preferred Chartered Financial Analyst (CFA) Certifications & Licenses Certified Treasury Professional (CTP) or similar Knowledge, Skills & Abilities Demonstrated skill in: leadership and collaboration managing one’s own time and working independently financial analysis Demonstrated ability to: be creative and willingness to promote change analyze, organize and prioritize work while meeting multiple deadlines communicate effectively in both oral and written form read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations analyze and prepare documents, reports, and correspondence effectively present information and respond to top management, public groups and/or board of directors compute rate, ratio and percent and to draw and interpret spreadsheets show extensive persuasive abilities, tact, and be able to communicate with personnel at all levels of the organization Demonstrated knowledge of: Microsoft Office software Statutory Accounting Principles (SAP) Generally Accepted Accounting Principles (GAAP) Overall Treasury Salary Range
: $155,000 – $190,000 per year
This range is based on the expected level of experience and skills for this position. Final compensation will depend on individual qualifications. This position is bonus eligible
Health, Dental and Vision Insurance Generous 401(k) with company match Paid Time Off (PTO) with Paid Holidays Flexible/Hybrid Work Schedule For more information about the benefits we offer, please visit our Careers Page . Qualifications
Skills
Behaviors
: Motivations
: Education
Experience
Licenses & Certifications
Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.
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IL Pekin Home 2505 Court Street Pekin, IL 61558, USA
Pekin, IL - Hybrid | Pekin, IL - Hybrid 2505 Court St Pekin, IL 61554, USA
Pekin, IL - Hybrid | Pekin, IL - Hybrid 2505 Court St Pekin, IL 61554, USA
You spend at least a third of your day at your job. You might as well spend it doing something you really love while working with a team you really enjoy being with, right? That’s the kind of atmosphere we offer at Pekin Insurance—fun, fast-paced, gratifying, supportive, and collaborative. Of course, it’s not all fun and games. Insurance is a serious business, and we pride ourselves on making people’s lives whole again after a major disaster or even a fender bender. It’s that sense of helping people that makes our team want to do our best every day. If you want to be excited about starting your workday and are ready to make a real difference in people’s lives, this could be the right spot for you. See what Pekin Insurance has to offer by viewing a short video here. Position Overview The Director of Treasury is responsible for the determination of cash requirements, short-term cash investments, and maintenance of appropriate cash flow. Establishes short-term borrowing needs and recommends short-term investment initiatives. Directs and manages operations of the treasury function and prepares and analyzes department reports, financial accounting records, cash flow analysis, credit agreement compliance, and projections. Essential Job Functions Manages day-to-day operations and transactions of the Treasury Department Coaches and develops treasury staff Focuses on company-wide liquidity needs and repositions available liquidity to yield a higher return for the organization Works closely with all existing and new banking and investment manager relationships Works closely with CFO on reviewing and managing the enterprise investment portfolio Manages all cash management functions including cash collections, wires and account funding Ensures adequate liquidity for working capital needs and invest short-term excess cash Forecasts cash sources and uses and investment returns Oversees cash management banking and financial institution relationships; negotiates bank and service fees Implements new bank technologies, products and services to improve the cash cycle and simplify company operations Prepares and presents to the CFO weekly company-wide cash flow report Develops reporting package on company’s liquidity and key cash management operating metrics Leads and enhances internal processes to drive operational efficiency and to ensure compliance with internal policies, controls and procedures Develops and monitors treasury operational policies Performs other duties as assigned Education & Experience Required Bachelor’s degree in Accounting, Finance, or Business Requires 8+ years relevant work experience 5+ years of experience leading and managing teams Preferred or Specialized Master's degree in Accounting, Finance, or Business preferred Chartered Financial Analyst (CFA) Certifications & Licenses Certified Treasury Professional (CTP) or similar Knowledge, Skills & Abilities Demonstrated skill in: leadership and collaboration managing one’s own time and working independently financial analysis Demonstrated ability to: be creative and willingness to promote change analyze, organize and prioritize work while meeting multiple deadlines communicate effectively in both oral and written form read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations analyze and prepare documents, reports, and correspondence effectively present information and respond to top management, public groups and/or board of directors compute rate, ratio and percent and to draw and interpret spreadsheets show extensive persuasive abilities, tact, and be able to communicate with personnel at all levels of the organization Demonstrated knowledge of: Microsoft Office software Statutory Accounting Principles (SAP) Generally Accepted Accounting Principles (GAAP) Overall Treasury Salary Range
: $155,000 – $190,000 per year
This range is based on the expected level of experience and skills for this position. Final compensation will depend on individual qualifications. This position is bonus eligible
Health, Dental and Vision Insurance Generous 401(k) with company match Paid Time Off (PTO) with Paid Holidays Flexible/Hybrid Work Schedule For more information about the benefits we offer, please visit our Careers Page . Qualifications
Skills
Behaviors
: Motivations
: Education
Experience
Licenses & Certifications
Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.
#J-18808-Ljbffr