Manager, Treasury Operations

Coverys • Boston, MA

37d

About The Position

The Manager, Treasury Operations leads the accounts payable and cash management function for Coverys’ US operations. This role ensures timely disbursement of payments, deposit of receipts, and accurate posting of cash journal entries to the general ledger. The manager oversees daily cash positioning, short-term liquidity planning, and cash flow forecasting, while maintaining strong banking relationships. Additionally, the role supports audit and regulatory reporting, enforces effective internal controls, and drives process improvements and treasury-related projects. As a people leader, the Manager is responsible for supervising and developing team members in alignment with organizational policies.

Requirements

• Bachelor's degree (B. A.) from four-year college or university with accounting major.
• 8-10 years of work experience in the insurance industry or other like industry.
• Strong understanding of cash management, banking products and treasury systems
• Excellent analytical, communication and project management skills
• Proficiency in Excel and Financial modeling

Nice To Haves

• MBA, CTP, CPA, or CFA designation preferred

Responsibilities

• Responsible for the timely disbursement of all payments of the company.
• Responsible for the timely deposit of all receipts of the company.
• Oversee daily cash positioning and short-term liquidity planning.
• Manage short-term and long-term cash flow forecasting and variance analysis.
• Maintain cordial, cost-effective and efficient banking relations which maximize the value of company cash flows.
• Maintain all necessary bank accounts, wire transfer arrangements and lock-box accounts.
• Oversee Corporate Card Program and Online Bill Pay/Presentment system.
• Support audit and regulatory reporting requirements.
• Maintain effective internal controls over treasury operations and identify opportunities to improve effectiveness and efficiency of treasury processes.
• Lead treasury-related projects including automation and system upgrades.
• Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws.
• Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Benefits

• If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!
• The talented employees of Coverys have made us a dynamic company and a thought leader in the industry.
• That’s why we support a work culture focused on employee engagement and professional development.
• It’s also why we provide our employees with benefit plans that go beyond the basics to retain and attract the very best talent.
• Coverys is a growing organization currently enlarging our geographic footprint.
• Our continued growth requires team members who embrace change, are solution oriented, and demonstrate initiative, motivation, and forward thinking.
• Coverys is an equal-opportunity employer.
• Coverys’ job openings are open to all without regard to race, color, national origin, gender, gender identity, religion, age, height, weight, disability, political beliefs, sexual orientation, marital status, family status, or veteran status.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 501-1,000 employees