Director, Treasury

Treasury Director Opportunity At Geico

Geico is searching for a highly motivated leader to join our Treasury team! The Treasury Director is a key leadership position overseeing Accounts Receivable, Accounts Payable, as well as for Corporate Banking and Short-term Investments and will report to the Treasurer. This is a great opportunity for someone looking to add immediate value and impact to a fast-changing company and help evolve the Treasury function.

The Director will be responsible for various aspects of treasury operations including but not limited to optimizing receivables, cash management, short-term investments, banking strategy, cash flow forecasting, payables and expense policy, internal controls, in addition to supporting broader corporate finance strategies. This includes oversight of bank and brokerage account strategy, as well as account opening and management, funding and liquidity management and investment of short-term cash balances.

The successful candidate must be able to work in a fast-paced environment in a role with high visibility and accountability, and work with multiple partners (internal and external). Additionally, this candidate is excited about an opportunity to revamp and improve existing processes, identify and execute on new solutions, is self-driven and able to prioritize multiple concurrent, complex tasks while maintaining a strong attention to detail. Strong written and oral communication skills and interpersonal skills are critical for success as this role frequently engages with partners across the Finance team, Geico, as well as banking partners and financial services providers.

Location: Chevy Chase, MD

Key Responsibilities

• Oversee all treasury activities around cash management, banking strategy, cash forecasting, short-term investing to optimize returns, accounts payables and expense policy enforcement, internal controls, and broader corporate finance strategies. This includes oversight of bank and brokerage account strategy, as well as account opening and management, funding and liquidity management, and investment of short-term cash balances.
• Actively manage banking relationships. Responsible for driving banking strategy and pricing, account structure and management.
• Partner with Controllers and Systems to ensure accurate and automated cash flow forecast, as well as timely reporting and reconciliation of all cash activity.
• Ensure all Treasury procedures, internal controls, SOX requirements, etc. are followed and identify and monitor industry and market trends to further enhance controls and processes.
• Develop new controls and procedure documents where needed and/or appropriate. Develop and maintain treasury operational policies.
• Aware of industry trends and the potential impacts to Geico, anticipate change and position the treasury operations function for optimal execution.
• Partner with systems and technology teams to identify areas for improvement, document requirements, and help implement new treasury management technologies.
• Ad hoc project support.

Qualifications

• Minimum 12-15 years of relevant experience in cash management treasury operations and/or corporate finance / banking background, with experience managing a team of 10 or more.
• High level of integrity and ability to maintain confidentiality of sensitive and proprietary information
• Strong analytical, financial modeling, and systems skills are required
• Strong knowledge of cash management principles as well as bank products and services online banking tools wires ACH credit card processing etc.
• Experienced in handling complex banking and organizational structures and banking systems and processes.
• Proficiency in MS Excel and various treasury management systems.
• Strong organizational skills, attention to detail and commitment to high-quality work product
• Demonstrated ability to manage multiple key stakeholders and coordinate across various teams to execute necessary functions and agreed upon plans
• Strong oral and written communication skills including strong presentation skills
• Bachelor's degree in finance, economics, or accounting is preferred with strong preference for additional graduate degrees or certifications (Masters, MBA, CTP, etc.)