Treasury and Shareholder Relations Specialist

INSURICA INC • Oklahoma City, OK

7d • $76,000 - $114,000 • Onsite

About The Position

The Treasury and Shareholder Relations Specialist position aids the Financial Accounting Manager in providing direction over the company’s cash management efforts (such as banking, cash budget/forecasting models, and financing of both receivables and payables). Reporting on all Credit Facility compliance requirements, as well as managing all internal shareholder relationships and shareholder debt servicing.

Requirements

• 5 – 7 years of previous technical accounting experience preferred
• 3+ years in public accounting preferred
• Bachelor’s Degree, in Accounting or Business, preferred
• Current CPA, CFA, CTP designation(s) preferred
• Reading, writing, and verbal skills sufficient to understand and communicate complex documents/information
• Strong understanding of GAAP with ability to perform technical research
• Solid understanding of intercompany eliminations and consolidations
• Excellent PC skills, with a focus on the Microsoft Suite of products (Excel, Word, Outlook, Teams, etc.) and the ability to effectively utilize agency management systems
• Strong leadership skills, with the ability to influence others
• Highly organized and analytical, with a strong attention to detail
• Ability to successfully meet required deadlines
• Ability to work within a fast-paced, changing priority environment
• Self-motivated, with the initiative to prioritize and be self-directed
• Regular and punctual attendance is required, including commitment to facilitate month-end processes
• Excellent interpersonal skills, with the ability to interact effectively with both colleagues and managers, across all levels
• Ability to promote and maintain a team environment, willing to find accommodating solutions for our customers, companies, and the Agency
• Ability to successfully adhere to company policies and procedures, as well as maintain strict confidentiality

Responsibilities

• Manage banking relationships, bank account needs, and all related banking documentation
• Manage bank account administration, including opening and closing bank accounts, maintaining bank signer records
• Lead process improvement and automation initiatives, as well as collaborating on ad hoc treasury projects, partnering with accounting departments, legal and IT
• Manage global cash management operations, including daily positions in multiple entities and accounts, with a keen, inquisitive eye for improvement opportunities
• Provide guidance to General Ledger, Disbursement and Receipts teams to ensure accounting transactions are properly and timely recorded
• Prepare, analyze, refine, and optimize accurate cash forecasts while also seeking opportunities to drive optimal cash outcomes
• Manage debt portfolio to ensure compliance with all key covenants and obligations
• Steward and facilitate all Letters of Credit, including maintaining sufficient capacity to meet future business needs
• Provide future projections of debt portfolio for long-term acquisition and organic growth
• Assist in the selection of new/replacement accounting and ancillary treasury systems to support a fast-growing business environment
• Maintain current process documentation and ensure appropriate internal cash controls are in place and being followed for existing and acquired banking shareholder Relation Functions
• Maintain Capital Table monthly
• Reconcile all member equity general ledger accounts
• Calculate quarterly and annual true-up of distributions for each member
• Manage all debt servicing for minority partners (internal and external), including interest and principal calculations
• Manage all required documentation, standard operating procedures, and communication with members related to the shareholder lifecycle
• New ownership (via Acquisition, or Qualification) issuances as well as Puts/Calls and final Repurchases of units by the company
• Manage all funding for each component of the shareholder lifecycle
• Communicate regularly with all shareholders to advise them on processes and required documentation. This includes quarterly Partner Calls that invite all members to receive current/relevant information.
• Participate in seminars and other training to maintain required licenses and for knowledge and skill development
• Communication of tax reporting (K-1 components), profits, interest, cost, and amortization where applicable related to tax impact of ownership

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level