Group Assistant Treasurer
Group Assistant Treasurer
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Job Description
Title:
Group Assistant TreasurerCompany:
Everest Global Services Inc.Job Category:
FinanceJob Description:
About the Role:
Everest is seeking a highly motivated and experienced Group Assistant Treasurer to join our global finance team in our Warren NJ headquarters. This is a hybrid position working 3 days onsite 2 remote.
In this role you will play a critical part in supporting the Group Treasurer in managing global treasury operations including cash management capital markets corporate finance and financial risk management. You should be a strategic thinker with strong analytical skills and a deep understanding of treasury functions within a large publicly traded global organization.
Key Responsibilities:
Global Cash and Liquidity Management:
Oversee daily global cash positioning forecasting and short-term investing and borrowing activities.
Develop and refine cash flow forecasting models to ensure optimal liquidity and capital efficiency.
Oversee global payment processes ensuring efficiency security and compliance with international payment regulations.
Manage and optimize global banking relationships services and fee structures.
Capital Markets and Corporate Finance:
Support the execution of capital market transactions including debt issuance share repurchase programs and other financing activities.
Analyze and recommend optimal external and internal financing structures and strategies to support the companys growth and capital needs.
Support the preparation of presentation materials and analysis for credit rating agencies.
Monitor financial markets to identify trends and assess potential impacts on the companys funding and investment strategies.
Letter of Credit and Collateral Management:
Oversee the end-to-end lifecycle of letters of credit (LOCs) including issuance amendments and renewals.
Manage and report on the companys collateral requirements and positions ensuring compliance with reinsurance agreements and regulatory needs.
Optimize the use of collateral (cash securities LOCs) to manage costs and liquidity effectively.
Maintain strong relationships with LOC-issuing banks to ensure efficient service and favorable terms.
Financial Risk Management:
Assist in identifying and analyzing the companys exposure to financial risks such as interest rate risk.
Coordinate with the FX Manager on foreign exchange (FX) risk monitoring reporting and management activities.
Operations Reporting and Compliance:
Manage key treasury operations including global bank account administration maintenance of signing authorities and oversight of the companys escheatment processes.
Ensure strict compliance with internal controls policies and regulatory requirements including SOX.
Prepare and present treasury-related reports and analyses for senior management the Board of Directors and other key stakeholders.
Drive continuous improvement by identifying opportunities to streamline treasury processes and enhance operational efficiency.
Collaborate with cross-functional teams including Accounting FP&A Legal Investments and Tax.
Lead and Supervise team of Treasury professionals to achieve strong operating performance
Provide coaching performance feedback and professional development opportunities
Qualifications & Experience:
Bachelors degree in Finance Accounting Economics or a related field is required. An MBA or other advanced degree is highly preferred.
A minimum of 10 years of progressive experience in corporate treasury with at least 3 years in a leadership or management capacity.
Certified Treasury Professional (CTP) designation is strongly preferred. A CPA or CFA is also a plus.
Experience within the insurance/reinsurance or financial services industry is highly desirable.
In-depth knowledge of treasury operations capital markets and corporate finance principles.
Proven experience with banking portals and market data services (e.g. Bloomberg).
Advanced proficiency in Microsoft Excel including financial modeling.
Knowledge of Oracle financial systems is a plus.
Exceptional analytical problem-solving and decision-making skills.
Strong leadership and team management capabilities.
Excellent written and verbal communication skills with the ability to present complex information clearly to senior leadership.
High level of integrity initiative and attention to detail.
Ability to thrive in a fast-paced dynamic global environment.
The base salary range for this position is $201000 - $275000 annually. The offered rate of compensation will be based on individual education experience qualifications and work location. All offers include access to a variety of benefits to employees including health insurance coverage an employee wellness program life and disability insurance 401k match retirement savings plan paid holidays and paid time off (PTO).
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What if I dont meet every requirement At Everest we are dedicated to building an inclusive and authentic workplace. So if you are excited about this role but your past experience doesnt align perfectly with every element in the job description we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest our purpose is to provide the world with protection. We help clients and businesses thrive fuel global economies and create sustainable value for our colleagues shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.
- Our Valuesare the guiding principles that inform our decisions actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
- Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues and the global communities we serve.
Type:
RegularTime Type:
Full timePrimary Location:
Warren NJAdditional Locations:
Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion or creed sex (including pregnancy) sexual orientation gender identity or expression national origin or ancestry citizenship genetics physical or mental disability age marital status civil union status family or parental status veteran status or any other characteristic protected by law. As part of this commitment Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process to perform essential job functions and/or to receive other benefits and privileges of employment please contact Everest Benefits at
Employment Type
Full-Time
