Director of Cash Management

Cleveland, Ohio
Not Specified
Sep 17, 2016
Nov 16, 2016
Job Type
Not Specified
Career Level
Not Specified

Title_Director of Cash Management_

About the OrganizationAmTrust Financial Services, Inc., (Nasdaq: AFSI) headquartered in New York City, is a multinational insurance holding company, which, through its insurance carriers, offers specialty property and casualty insurance products, including workers' compensation, commercial automobile and general liability; extended service and warranty coverage.

PositionDirector of Cash Management

LocationOH, Cleveland

DescriptionJob Summary: Director of Cash Management is responsible for oversight of day-to-day operations of the cash and bank account function within a shared services environment in Cleveland, OH. Responsibilities include bank account administration, system administration, disbursement and collection solutions, balance reporting, payment and receipts processing and short-term forecasting and funding. Job Details:
  • Report to the Global Treasurer
  • Assist in the development of treasury/banking policies and procedures and ensure that cash and banking compliance is maintained
  • Execute the Company's daily domestic cash management activities, and various financial analyses and forecasts to support the Company's central Treasury operations and bank account structures
  • Responsible for providing back-up for the execution of all daily cash operations for other regions
  • Update and optimize the banking, payment and reporting IT systems for the region
  • Design optimal cash management structure(s) for the Business Units. Respond to BU cash management issues and consult on solutions
  • Respond to internal and external audit requests and lead SOX reviews
  • Backup other regions cash management activities as needed
  • Provide analysis and reporting for daily and monthly cash positions
  • Minimize banking fees
  • Monitor and analyze cash levels and make proactive recommendations to minimize cash balances
  • Develop and maintain short-term cash flow forecasts
  • Develop and administer FHLB program
  • Assist with cash management bank relationship management, including conducting bank meetings, banking issue(s) identification and relationship monitoring
  • Maintain up to date pricing and technology within the cash management systems
  • Assist in creating Treasury department presentations
  • Perform other treasury administration projects as assigned Qualifications
  • Bachelor's degree in Finance, Accounting or equivalent education required
  • 10-15 years related experience
  • Certified Treasury Professional (CTP) preferred
  • Proficiency in Microsoft Excel, Word and PowerPoint
  • Experience with Oracle
  • Experience with TMS, e.g., Kyriba, Wall Street Systems, Sungard
  • Strong familiarity with ERP and Shared Services
  • Customer service orientation with excellent interpersonal and presentation skills
  • Excellent organizational and analytical skills with superior problem solving ability #LI-post

    Open Date6/15/2016

    Position Requirements


    Req NumberACC-16-00043


    Number of Openings1

    Employee Referral Eligible

    Employee Referral PayoutThis position is currently accepting applications.