The Travelers Companies, Inc

Manager, Accounting - Treasury Banking Operations

The Travelers Companies, Inc • $85K — $141K *
St. Paul, MN 55106Hybrid
Finance & Insurance
Less than 5 years of experience
Reposted 1 week ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, accounting, economics or related field
  • Professional designations such as CPA or CMA preferred
  • Three years of experience in finance or accounting
  • Strong data analysis and interpretation skills
  • Excellent communication and influencing abilities
  • Proficient in Microsoft Office and financial reporting software

Responsibilities

  • Prepare and review complex bank reconciliations
  • Act as senior liaison for offshore reconciliation team
  • Administer cash account activities and system notifications
  • Compile and analyze financial data for reporting
  • Ensure accuracy in internal management reports
  • Prepare treasury activities for financial statements adhering to GAAP
  • Conduct reviews for Sarbanes-Oxley compliance

Benefits

  • Health insurance for employees and eligible family members from day one
  • 401(k) matching contributions dollar-for-dollar up to 5% of pay
  • Student loan repayment contributions to 401(k) account
  • Minimum of 20 days Paid Time Off plus nine paid holidays
  • Wellness program offering mental health resources and coaching
  • Volunteer programs with matching gifts and rewards
Full Job Description
Job Category

Finance and Accounting

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range
$85,600.00 - $141,200.00

Target Openings

1

What Is the Opportunity?

Travelers' accounting team serves as the steward of our financial information and controls to ensure compliance with all internal policies and external requirements. The team creates transparency about the health of the company by providing timely, accurate, and actionable information to all stakeholders.

As a Manager, Accounting in the Treasury Banking Operations department, you will be responsible for the preparation and review of Travelers' bank reconciliations. In this role you will ensure timely and accurate books and records for reporting to both internal and external parties while maintaining a strong control environment. Primarily responsible for the preparation and review of Travelers' bank reconciliations. This position will have no direct reports.What Will You Do?
  • Prepare and review more complex reconciliation of bank activity to Company's ledger activity.
  • Senior liaison for offshore bank reconciliation team.
  • Administration of new and closed cash accounts in our Frontier Reconciliation System and notification of such in Travelers internal systems.
  • Compile, review, and analyze complex financial data for variance analysis, reporting, and accuracy to interpret and understand trends.
  • Conduct a review for accuracy and completeness and approve internal management based financial reporting, both routine and ad hoc for complete and consistent results with corporate policies and standards.
  • Prepare Treasury activities relate to external financial statements which may include GAAP (Generally Accepted Accounting Principles), SEC and STAT (Statutory Accounting Principles).
  • Perform and review financial controls in accordance with Sarbanes-Oxley requirements.
  • Prepare and review complex documentation to support internal and external audits with some interaction with internal auditors.
  • Maintain compliance with various financial external regulatory requirements and internal accounting policies.
  • Participate in projects that involve complex analysis and implementation of non-complex, routine business and financial regulatory changes relating to financial reporting, such as reorganizations, mergers and acquisitions, etc.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor's degree in finance, accounting, economics, and/or professional designations, such as CPA, CMA or comparable advanced professional education.
  • Experience with accounting theory and practice within the insurance and financial services industry.
  • Excellent communication skills with the ability to consult on projects and present information effectively.
  • Ability to influence team members and management.
  • Strong data analysis skills with the ability to interpret trends and provide insights and recommendations to business partners.
  • Manage multiple projects simultaneously and follow through to ensure timely completion.
  • Ability to think strategically and use judgement to resolve issues as they arise.
  • Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., TM1, Essbase, Hyperion, etc.).
  • Ability to apply basic accounting and financial concepts to financial systems and processes.


What is a Must Have?
  • Three years of finance, accounting, financial planning, or related experience.


What Is in It for You?
  • Health Insurance: Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
  • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.


To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

About The Travelers Companies, Inc

Travelers is an insurance leader, committed to keeping pace with the ever-changing needs of their customers and anticipating their needs for the future. There is no stronger testament to their dedication to protecting customers from loss than their continued innovation and ability to transform their industry. In fact, from the first-ever auto and space travel policies and hybrid car discount, to the 2009 founding of The Travelers Institute for public policy, their history of advancements has propelled their company—and their industry—towards ever higher standards for customers. Travelers is a company that works hard at the science of what they do: they analyze information, process perspectives and measure results to create the best combination of products and services. They work equally hard at customer service and how they interact with the people whom they do business. Over the years, they've strived to earn their customer's loyalty by continually improving their abilities to listen and respond to their needs.

The Travelers Companies, Inc Careers

Join the vibrant team at The Travelers Companies, Inc, a leader in the insurance industry, and propel your career to new heights with a company known for its commitment to innovation, leadership, and professional growth.

Explore Job Opportunities and Growth

At The Travelers Companies, Inc, we offer a plethora of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking a position in management, customer service, underwriting, or IT, we have a place for you. Our commitment to professional growth means we provide unparalleled career advancement tools and leadership training to help you climb the ladder of success.

Internship Programs: A Gateway to Employment

Kickstart your career with our dynamic internship programs. These opportunities are designed not just to teach, but to challenge and expand your understanding of the industry. Internships at Travelers are a perfect way to enhance your resume and gain valuable real-world experience, making you a competitive candidate for future employment.

Culture and Benefits

At The Travelers Companies, Inc, we pride ourselves on a culture that fosters diversity, networking, and innovation. Our team is our family, and we support each other's professional and personal growth. The benefits at Travelers are comprehensive, designed to meet the diverse needs of our employees, including health, wellness, and continuous education.

Hiring Process: What to Expect

Our hiring process is straightforward and transparent, designed to find passionate, curious, and solution-driven team players. From the initial application and resume submission to the interview, we ensure that every candidate is treated with respect and given a fair chance to demonstrate their capabilities.

Career Development and Training

We believe in nurturing talent and providing our team with the tools they need to succeed. Our career development programs include professional training, diversity training, and skills enhancement workshops. These resources are tailored to foster innovation and empower our employees with the latest industry knowledge and best practices.

Join Our Team

Are you ready to explore the exciting career opportunities at The Travelers Companies, Inc? Search open positions that match your skills and interests. We are always looking for individuals who are driven to innovate and lead.

Stay Connected

Keep up to date with the latest news, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the rewarding opportunities that await at The Travelers Companies, Inc.

Explore Careers at The Travelers Companies, Inc

Embark on a journey of growth, opportunity, and excellence. At The Travelers Companies, Inc, your career is just beginning. Join us and make a difference in a company that values leadership, diversity, and forward-thinking.
Learn more about The Travelers Companies, Inc
Size
30,800 employees
Market Cap
$44.1 billion
Industry
Finance & Insurance
Net Income
$2.6 billion
Founded
1853
5 Year Trend
+4.7%
Revenue
$32 billion
NASDAQ
TRV
* Ladders Estimates

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