Director, Financial Operations

Reporting to the CFO, the Director of Financial Operations will be responsible for managing the company’s cash, investments, bank accounts and relationships, monitoring and forecasting cash flow, accounts payable, T&E, procurement and ensuring efficient operations in all of these areas. This role requires strong leadership and analytical skills, a deep understanding of treasury, liquidity, payables and procurement functions, and the ability to work collaboratively across departments.  This role has one direct report with the expectation the team will grow in line with Company growth.

How You’ll Do It

• Assess, transform and/or implement a Treasury management system plus Accounts Payable and Procurement software and tools, driving an automated and efficient operating model.
• Build and oversee cash flow forecasting for each legal entity.
• Build a Procurement function that includes commitment and disbursement authority guidelines, contract renewal awareness, deep metrics for all contracts and a solid internal control environment.
• Develop treasury reporting dashboards appropriate for various stakeholders and track KPIs.
• Monitor daily cash and investment positions, ensuring adequate liquidity for operational needs.
• Manage and strengthen relationships with banks and financial institutions.
• Negotiate banking services and fees to ensure cost-effective solutions.
• Advise management on the liquidity aspects of its short-range and long-term planning.
• Develop appropriate reporting and modeling capabilities to support short-term liquidity forecasting needs, working closely with FP&A.
• Manage bank account structures, ensuring alignment with company needs and GAAP and statutory requirements.
• Manage and maintain bank account authorities, access and legal contracts.
• Develop and ensure appropriate controls and reconciliations exist for all cash, investment, accounts payable and T&E accounts.

The Right Stuff

• Bachelor’s degree in finance, accounting, or business required.
• Minimum of 12 years of experience in treasury, banking, or financial management, preferably within the insurance industry; minimum of 10 years of leadership/management experience.
• Proven track record of managing cash flow, banking relationships, treasury operations and accounts payable.
• Strong treasury function, cash management, and financial risk management knowledge.
• Strong attention to detail.
• Advanced Excel skills and experience with financial modeling.
• Excellent analytical, problem-solving, and organizational skills.
•  Strong communication and interpersonal skills.