Treasury & Insurance Controller

Treasury & Insurance Controller

Parsippany, NJ Treasury & Insurance

This position will be 50% Accounting and 50% Analysis.  Controller is responsible for all Treasury & Insurance business activities including cashflow forecasting and compliance with federal & state legislation.

TREASURY

• Responsible for daily cash management
• Prepares Balance Sheet reconciliations
• Responsible for group monthly and ad hoc reporting
• Owning the US weekly cash forecasting process and working with corporate treasury services to maintain targeted cash balances, minimizing foreign exchange exposures and general forecasting accuracy
• Ensuring proper cash management controls are in place such as manual payment approvals and documentation
• Main point of contact and liaison with all bank institutions and support of periodic access reviews

INSURANCE:

• Ensuring company insurance coverage for various risk in line with the group guidance
• Design, implement and maintain comprehensive risk transfer and/or risk retention programs.
• General and Product Liability, Auto, Fiduciary, Marine Cargo, Property and Business Interruption programs of the Company.
• Protect the human and physical assets of the corporation through engineering hazard assessments of all locations in conjunction with Operations and Corporate Health and Safety functions.
• Review all new leases and contracts to protect the Company’s interests and provide appropriate insurance/loss indemnification language.
• Monitors all new areas of business and exposure, ensuring that new entities, properties, automobiles, and employees are added to current insurance policies on a timely basis.
• Administration of issuance of Certificates of Insurances.
• Management of handling of all claims/lawsuits for all insurance programs. Work with Claims handlers, Lawyers and Technical Experts to manage claims to conclusion.
• Collect, create, and analyze all annual Casualty and Property insurance renewal exposure data.
• Create annual Insurance financial Budgets for all locations.
• Manages Treasury & Insurance Analyst Responsibility spans across all 3 business units (Health, Hygiene & Nutrition)

Qualifications:

• Must have a BS degree in Accounting/Finance. MBA, CMA or CPA preferred.
• 3+ years of Treasury experience
• Experience with SAP a plus
• Must have strong written and verbal communication skills
• Strong knowledge of Microsoft applications
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Comparable Titles:  Senior Accountant, Senior Financial Analyst, Treasury Analyst and Insurance Analyst

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Equality

All qualified applicants will receive consideration for employment without regard to age, disability or medical condition; colour, ethnicity, race, citizenship, and national origin; religion; pregnancy, family status and caring responsibilities; sexual orientation; sex, gender identity, gender expression, and transgender identity; protected veteran status; size or any other basis protected by appropriate law.