Director, Treasury and Investments

Fortegra•Jacksonville, FL

5d•Onsite

About The Position

Reporting to the Senior Vice President, Treasurer, the Director of Treasury & Investments is responsible for oversight of both the Treasury and Investments functions. Provide general financial oversight, with particular attention to planning, budgeting, and reporting on the operational cash position and investment portfolio, with particular attention to corporate liquidity and risk management related to the company's financial activities. Direct oversight of a team responsible for processing daily cash and investments transactions. Coordinate information flow between finance, treasury, accounting, tax, custodian banks, and third-party investment managers. Review investment reports, portfolio analytics, and market updates and support oversight of portfolio positioning, duration management, and credit exposure.

Requirements

A degree in Accounting, Finance, or a related field.
10+ years of experience within treasury, investment management, insurance finance, and/or investment accounting.
Familiarity with GAAP and STAT accounting and insurance investment accounting and reporting.
Strong understanding of insurance investment portfolios, fixed income markets, and insurance capital considerations.
Experience working with external asset managers or institutional investment portfolios.
Strong analytical and financial modeling skills and an ability to communicate complex investment concepts to finance and accounting stakeholders.

Nice To Haves

Professional credentials such as CFA or CPA are a plus but not required.
Experience implementing a treasury management system is a plus.

Responsibilities

Support the Treasurer in managing liquidity, cash forecasting, capital deployment, capital planning initiatives, and balance sheet management.
Maintain and continue to improve upon a system of policies and procedures that impose an adequate level of control over daily treasury activities.
Oversight of team that processes payments through bank websites and portals including ACH and wires, foreign currency transactions, account transfers, and stop payments.
Maintain banking relationships and communicate regularly with various banking counterparties regarding accounts and transactions as necessary.
Open/close bank accounts and support corresponding testing processes and generally perform regular account management functions for the company’s bank accounts.
Ensure that journal entries are properly booked to the general ledger via Oracle to reflect cash transactions processed.
Produce daily/weekly/monthly reports for various internal stakeholders, as well as all necessary reporting for external stakeholders, including debt covenant reporting.
Responsible for helping to build out the company’s internal oversight, analysis, and reporting related to the investment portfolio.
Serve as the day-to-day liaison with external asset managers overseeing the investment portfolio, coordinating information flow between finance, treasury, accounting, and third-party investment managers.
Review investment reports, portfolio analytics, and market updates to support oversight of portfolio positioning, duration management, and credit exposure.
Monitor portfolio activity, performance, and asset allocation relative to company investment guidelines, and analyze the impact of investment activity on capital, surplus, and financial results.
Serve as the key relationship manager with custodian banks.
Oversight of all investment accounting and reporting functions, including quarterly audit controls for investment portfolio, reconciliations between custodian statements and investment holding reports, monthly investment journal entries, and accurate investment reporting under statutory and GAAP frameworks.
Support preparation of investment-related reporting for internal management, board materials, and external stakeholders and translate portfolio activity into financial reporting insights for senior management and finance leadership.