Lead Manager - Treasury Cash Desk

Location NC, United States
Experience level Experienced Hire
Job details sector Finance, Control and Strategy
Apply before Date not available
Reporting to the Senior Director of Treasury Operations, the Treasury Operations Lead Manager will supervise the Treasury Cash Desk Staff and be responsible for developing and implementing strategy, operational, and policy recommendations related to the treasury function. Primary objective is to assess, monitor, plan and manage the efficient utilization of cash and banking services in a manner consistent with the objectives of the Company. This includes cash management, cash forecasting/modeling, credit facility management, and outgoing wire payment processing.

Key Activities:
• Manage the activities and performance of the Treasury Cash Desk Staff. Provide training on systems and processes as needed. Provide coaching, performance feedback and evaluation on an ongoing formal and informal basis.
• On a daily basis review and approve the cash activities performed by treasury staff including:
o Reconciliation of account balances and review posted activity for accuracy
o Approve manual outgoing wires, ACH transfers, and other funding activities
o Approve investment of excess cash in accordance with policies and procedures
o Approve short term investment of excess cash in accordance with policies and procedures
o Perform Treasury Cash Desk Staff responsibilities as needed to provide coverage and ensure that related policies, procedures, and job-aids reflect current processes
• Perform user security administrator activities for bank portal and treasury workstation related systems
• Evaluate and approve processes to maintain segregation of customer-related funds from operating cash
• Provide ongoing review of key treasury controls and departmental processes, controls, job aids and policy documents. Update as required to ensure that they reflect current processes. Recommend and implement process efficiencies and improvements
• Support capital planning and liquidity forecasting processes
o Monitor and review daily cash position analysis to inform forecasting and execute trades at the direction of Corporate Finance
o Working with Financial Planning & Analysis and input from other constituencies to prepare high-level forecasts on a periodic basis, highlighting activities that have a significant impact on cash and liquidity.
• Cultivate and maintain strong working relationships with staff members, business line contacts, banking partners, and other service providers and vendors
• Supervision of bank account structure and strategy documents, open new / close old accounts as needed to facilitate business line cash management requirements
• Supervision of bank account documentation, including operational contact lists for each bank and account keeping updated on a regular basis
• Prepare reports as necessary on bank operational performance. Report deficiencies to treasury management and support actions to avoid future performance issues as required. Participate in periodic bank relationship performance reviews
• Review and approve account analysis statements regarding bank fees and earnings credit monthly. Provide actual and budget information regarding gross and net banking fees as needed. Implement approved recommendations to reduce bank fees
• Conduct regular benchmark studies of banks and their services and partner with business line clients to understand their cash management needs and ensure we are fully optimizing banking services.
• Implement and oversee ongoing utilization and enhancement of treasury key performance indicators and monthly dashboard
• Oversee and approve month-end and year-end cash management related closing activities performed by treasury staff as necessary
• Support internal and external audit requests related to cash management activities
• Aid on special projects in relation to the treasury function



Qualifications:

• Bachelor’s degree in Finance, Accounting, Economics, or Business
• 5+ years’ experience and management responsibility in a Corporate Treasury role
• CTP designation strongly preferred
• Experience managing / supervising subordinates, preferably in a treasury department environment
• Experience with liquidity management in a corporate environment including investment and borrowing activities
• Strong analytical and communication skills
• Ability to prioritize, manage multiple projects, and execute in a fast-paced and dynamic environment
• Detail oriented with a demonstrated ability for accuracy


About AXA
We have been providing stability and reliability to our clients since 1859 to help them live their lives with confidence, to give them peace of mind, and enable them to realize their dreams for their loved ones and their legacy.
 
As an employer AXA is committed to creating an environment where everyone feels completely comfortable bringing their true selves to work every day. AXA US has been recognized and certified as a great place to work by the Great Place to Work Institute.
 
We provide our employees opportunities to move within our organization so they can grow their career and skills without ever having to leave AXA. Almost 40% of our open jobs are filled with current employees.

NOTE: AXA participates in the E-Verify program.
 
In addition to competitive compensation and an outstanding benefits package including 401 (k) and medical programs, we offer the opportunity for continued professional development in a congenial corporate environment.
 
AXA is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.



Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.
 
In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.

We have been providing stability and reliability to our clients since 1859 to help them live their lives with confidence, to give them peace of mind, and enable them to realize their dreams for their loved ones and their legacy.
 
As an employer AXA is committed to creating an environment where everyone feels completely comfortable bringing their true selves to work every day. AXA US has been recognized and certified as a great place to work by the Great Place to Work Institute.
 
We provide our employees opportunities to move within our organization so they can grow their career and skills without ever having to leave AXA.  Almost 40% of our open jobs are filled with current employees.


NOTE: AXA participates in the E-Verify program.

In addition to competitive compensation and an outstanding benefits package including 401 (k) and medical programs, we offer the opportunity for continued professional development in a congenial corporate environment.

AXA is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.