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Treasury Analyst

Employer
Farmers Insurance
Location
New York, USA
Salary
Competitive
Closing date
Oct 28, 2024
View moreView less
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
We are Farmers!

We are... more than just your favorite commercials. At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers.

Farmers is an award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn't just our business - it's our culture! To learn more about our high-performance culture and open opportunities, check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.

Workplace: Hybrid or Remote ( #LI-Remote ) ( #LI-Hybrid )

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

Job Summary

  • Key position supporting the senior staff in all treasury functions from day-to-day cash management to global operations.
  • High focus on system and process improvements and efficiencies within the Treasury group which will include, designing and improving workflows, optimizing treasury workstation and bank portals usage, and continuously enhancing treasury controls while ensuring compliance with Farmers risk policies.
  • Prepare reports and analysis for management personnel at all levels.
  • Assist in providing other finance support and special project analysis as required.
  • Work closely under direct supervision of a Treasury Manager.

Essential Job Functions

  • Support the cash management team in daily cash positioning and cash forecasting process
  • Support global treasury operations in capital repatriation and in capital planning and forecasting
  • Support senior treasury staff in all treasury functions
  • Analyze and support deployment of additional treasury workstation functionality
  • Analyze treasury processes to identify embedded operational and financial risks; enhance treasury internal controls; assist internal control sign off process
  • Recommend and implement process improvements and maintain process documentations
  • Support business continuity planning
  • Communicate with internal and external business partners on inquiries, issues, and escalated requests.
  • Assist in preparation of monthly key performance indicator metrics reports.
  • Cross-train for all related treasury functions to serve as an effective backup to the team as needed.
  • Participate in departmental/cross functional projects as needed.
  • Track special projects and initiatives.
  • Prepare ad-hoc reports, analysis and conduct special projects as necessary.
  • Promote safety at all times and complies with safety/ergonomic standards as outlined in relevant company published manuals.
  • Required job duties are normally performed in a climate-controlled office environment.

Education Requirements

  • High School diploma or equivalent required.
  • Bachelor's degree preferred in finance, economics, accounting, investments, sciences or business.

Experience Requirements

  • Minimum of 2 years' prior treasury, finance, or accounting experience.

Special Skill Requirement

  • Applied working knowledge of a treasury management system preferred.
  • Strong interpersonal and communication (oral and written) skills to communicate effectively with business partners.
  • Solid analytical, financial and systems skills are required, including spreadsheet and basic modeling skills.
  • Self-motivated, attention to detail and deadline oriented, ability to work within tight deadlines.
  • Applied working knowledge of SAP preferred
  • CTP (Certified Treasury Professional) preferred.

Physical Environment

  • Required job duties are normally performed in a climate- controlled office environment.

Benefits
  • Farmers offers a competitive salary commensurate with experience, qualifications and location.
    o CA Only: $73,360 - $100,870
    o CO Only: $68,880 - $100,870
    o HI Only: $68,880 - $107,910
    o IL/MN/VT Only: $68,880 - $107,910
  • o MD Only: $68,880 - $107,910
    o NY/DC/Jersey City Only: $68,880 - $117,040
    o Albany County: $73,360 - $117,040
    o WA Only: $68,880 - $122,625
  • Bonus Opportunity (based on Company and Individual Performance)
  • 401(k)
  • Medical
  • Dental
  • Vision
  • Health Savings and Flexible Spending Accounts
  • Life Insurance
  • Paid Time Off
  • Paid Parental Leave
  • Tuition Assistance
  • For more information, review "What we offer" on https://www.farmers.com/careers/corporate/#offer

Job Location(s): R_US - United States

Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.

Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law. Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.

Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.

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