Resp & Qualifications
PURPOSE: The Treasury Analyst provides support to the corporate banking, cash applications and cash flow management for all CareFirst Inc. entities. The analyst is responsible for managing the CareFirst banking vendor relationships and services. In addition, the position manages over 30 bank accounts with daily activity in excess of $150 million in such a way that all contractual obligations are met and yet cash available for investing is optimized and manages short-term portfolio in excess of $200 million in accordance with corporate financial goals and policies to maximize yield. The position also provides professional skills, including project management, and problem analysis and resolution.
Under the direction of the Manager of Treasury, the incumbent’s accountabilities include, but are not limited to:
Coordinates banking relationships with the CareFirst Treasury teams, internal business teams, and external parties. This includes assisting in banking RFP’s, training in banking services and portals, implementation of new banking services and opening of accounts, resolution of banking related issues, and SFTP transmissions. Responsible for completing and updating all banking related documents. Assist in preparing for Board packages as it relates to Banking and Treasury.
2. Cash Flow Management:
Independently coordinates and analyzes the corporate cash position on a daily basis for all entities of CareFirst, Inc. Maintains daily cash flow spreadsheet for all CareFirst entities. Reconciles prior day activity to bank balance reports and ensures that documentation for all incoming and outgoing transfers have been forwarded to appropriate areas. Executes all Fed wire transfers to meet funding needs. Must be available to perform these duties on CareFirst holidays and unscheduled closings when banks are open. Downloads and creates bank reports to network for use by other departments within the Finance Division, as well as subsidiaries at other locations. Maintains a fully operational plan at home for this critical function with a zero day delay.
3. Ad-Hoc Projects:
Provides general support to the Business Risk Management and Treasury Department as needed, to include support for special projects and/or ad-hoc assignments.
Required: B.S. degree in Finance/Accounting or Insurance or in a related field or equivalent training and a minimum of 3-5 years business experience.
Equal Employment Opportunity
CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.
Hire Range Disclaimer
Actual salary will be based on relevant job experience and work history.
Where To Apply
Please visit our website to apply: www.carefirst.com/careers
Please apply by: 10/25/2019
Federal Disc/Physical Demand
Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.
The physical demands described here are representative of those that must be met by an associate to perform the essential duties and responsibilities of the position successfully. Requirements may be modified to accommodate individuals with disabilities.
The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights of up to 25 pounds are occasionally lifted.
Sponsorship in US
Must be eligible to work in the U.S. without Sponsorship