Director – U.S. Pool Reporting & Treasury Operations – Morris Plains, NJ

This position will oversee a staff of five and be responsible for the accurate and timely reporting of pool results and the effective operation of the cash management function of the Company. Further duties and responsibilities are listed below:

 

  • Lead and motivate U.S. Pool Member Company Reporting and Treasury staff to deliver modern, efficient, and flawless support to key stakeholders.
  • Prepare/review quarterly Pool financial statements for distribution to members and for inclusion into worldwide UK consolidated pool returns.
  • Oversee the audits for the Global Pools and assist external auditors. Coordinate with UK on deadlines and reporting issues.
  • Manage banking relationship for all U.S. titles
  • Review daily cash flow for all companies; approve initial setup of bank accounts, daily wires, and transfers. Ensure internal controls are effective and operational.
  • Review and propose quarterly cash settlement for Global Pool Members.
  • Coordinate and manage monthly credit control meetings with general aviation and major account staff. Maintain bad debt reserve and review quarterly Debtor Commentary.
  • Review and approve various bank and general ledger account reconciliations; ensure timely resolution of reconciling items.
  • Interact and develop relationships with key operational managers and staff.
  • Continuous process improvement that balances efficiency/productivity, customer service and internal controls.
  • Ensure a high level of training and competence is maintained across the Pool and Treasury teams to deliver excellent services both internally and externally.

Qualifications

Education:

  • Bachelor’s degree in Accounting
  • CPA designation and/or MBA

 Skills/Experience:

Required:

  • Minimum 10 years prior Accounting/Finance Experience
  • 5-7 years or more prior Property and Casualty experience with demonstrated knowledge of insurance industry
  • 3-5 years of managing a team/staff
  • Ability to work independently, make timely decisions and draw appropriate conclusions from analysis of the business and financial information available
  • Strong organizational and co-ordination skills
  • Exceptional written and oral communication skills
  • Excellent attention to detail and keen ability to prioritize and organize a high workload with strong self-motivation
  • Create a work environment that fosters teamwork and cooperation.
  • Strong Microsoft Office Skills (focus on Excel)
  • <10% domestic and international travel required

Preferred:

  • Treasury Management experience
  • Business Analysis, Financial Reporting experience
  • SQL, Power BI, VBA, and Power Query experience

 Please send your resume to ushumanresources@global-aero.com with the subject line of XWEB – DPT 2012185.