Job Reference    :    J8F0CF68ZXZYTQ1R4KZ
Position Type    :    Temporary
Market Sector    :    Accounting & Auditing
Start Date    :    Thursday, October 01, 2009
End Date    :    Saturday, October 31, 2009
Location    :    West Harrison, New York
Contact    :    stamfordA, Accountants International, United States

Our client a Global Insurance Company located on the Westchester / Greenwich border has a newly created Treasury position.

 

Major Job Responsibilities/Results


     Oversee accounts payable function,

          Improve processes and controls

          Review bank services fees, analyze variances and allocate expense to legal entities



        Assist with departmental SOX 404 compliance requirements


    Activities involved with management corporate cash position

           Including, but not limited to: daily liquidity, cash accounting, funds concentration, reconciliation, report distribution and short-term investment decisions

           Establishing and projecting weekly cash position to fund disbursements and Investment Manager allocations

           Monthly direct cash flow reports for distribution to senior executives





     Credit evaluation




           Process letters of credit and maintain collateral requirements





           Analyze requests for credit from policyholders, producers and vendors



        Act as liaison between bank service providers and business unit personnel on all aspects of banking service issues, transactions, documentation and online administration of web based products



          Administration of purchase card program



        Budget and forecast the balance sheet and cash flow activities of three companies by analyzing the financial statements of the companies, in particular, the Profit & Loss Statements, the Balance Sheet and Statement of Cash Flows.  Cooperate with other members of the FP&A team in the preparation of forecasts. This involves redesign of existing and development of new forms of reporting, which identifies trends, or provides details, that will assist management in determining the accuracy of forecasts.


Degree Required:4 Year Degree

Travel Required:Not Specified

Relocate: No

Qualification

Required Skills, Knowledge and Behavioral Characteristics:

Priority


        Knowledge of corporate treasury function and systems

       Familiarity with credit evaluation tools

        Capable of managing and leading staff

        Ability to utilize IT to enhance controls and efficiency

      Work ethic and understanding of financial reporting cycles