The Progressive Corporation

Manager of Treasury (Hybrid - Draper, UT)

The Progressive Corporation • $90K — $120K *
Draper, UT 84020Hybrid
Finance & Insurance
8 - 10 years of experience
Reposted Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Business, or a related field.
  • 10+ years of experience in treasury management, payments, or cash operations.
  • Strong hands-on experience with ACH, wire transfers, lockbox, cash positioning, and fraud prevention tools.
  • Proven experience leading system implementations, preferably Workday, and supporting acquisition integrations.
  • Demonstrated success driving automation and process improvement initiatives.

Responsibilities

  • Lead daily treasury operations including cash positioning, liquidity management, and bank account administration.
  • Oversee payment processing across various platforms including ACH and wire transfers.
  • Supervise remittance processing workflows ensuring accuracy and strong internal controls.
  • Serve as the treasury lead for implementation and optimization of Workday.
  • Assist in preparing and maintaining short to medium-term cash flow forecasts across PROG Holdings.
  • Identify and implement automation opportunities across treasury and finance.
  • Manage relationships with large national U.S. banking partners.

Benefits

  • Full Health Benefits (Medical, Dental, Vision, Life Insurance)
  • Paid Time Off, Paid Holidays, and Paid Volunteer Time
  • Company-Matched 401(k)
  • Tuition Reimbursement
  • Employee Resource & Diversity Groups
  • Charitable Gift Matching
  • Job-required equipment and services provided
Full Job Description
We are currently hiring a Manager of Treasury to lead treasury operations with a strong focus on payments, systems integration, and process automation. This role owns the execution and optimization of treasury and payment processes across PROG Holdings and serves as a key partner in enterprise initiatives including acquisitions, Workday implementation, and company-wide cash flow forecasting. The Manager of Treasury will operate as both an operational leader and strategic enabler-driving scalable, secure, and automated treasury solutions across the organization.

YOUR DAY-TO-DAY:

Treasury Operations & Payments
  • Lead daily treasury operations including cash positioning, liquidity management, and bank account administration.
  • Oversee payment processing across ACH, wire transfers, lockbox, retail payments, and online bill payment platforms.
  • Supervise remittance processing workflows to ensure accuracy, completeness, and strong internal controls.
  • Prepare, review, and release ACH batches and wire transfers in accordance with approval matrices.
  • Manage positive pay decisioning, exception resolution, and fraud mitigation efforts.
  • Promote adoption of electronic payment strategies, including ACH direct deposit.


Workday, Systems & M&A Integration (Primary Focus)
  • Serve as the treasury lead for the implementation, configuration, and ongoing optimization of Workday, including treasury workflows, bank connectivity, payment processing, and user access controls.
  • Lead treasury integration activities for acquisitions, including onboarding new legal entities, establishing bank accounts, and migrating payment processes.
  • Partner with Accounting, Finance Transformation, IT, and external vendors to ensure seamless system transitions and post-close stabilization.
  • Support testing, validation, and deployment of treasury and payment functionality during system changes.


Cash Flow Forecasting & Liquidity Management
  • Assist in preparing and maintaining short-term and medium-term cash flow forecasts across PROG Holdings.
  • Partner with FP&A, Accounting, Finance, and business teams to gather inputs, validate assumptions, and improve forecast accuracy.
  • Provide visibility into liquidity trends, payment timing, and cash risks to support informed decision-making.


Automation & Process Improvement
  • Identify and implement automation opportunities across treasury and finance, including payments, reconciliations, reporting, and bank integrations.
  • Drive initiatives to replace manual and spreadsheet-driven processes with scalable, system-based solutions.
  • Lead continuous improvement efforts that reduce operational risk and strengthen internal controls.


Bank Relationships & Risk Management
  • Manage relationships with large national U.S. banking partners, overseeing account structures, services, and issue resolution.
  • Maintain experience with complex account types, including loan-related accounts and lockbox arrangements.
  • Ensure compliance with NACHA rules, banking regulations, SOX requirements, and internal treasury policies.
  • Support audits and internal control documentation related to treasury activities.


YOU'LL BRING:
  • Bachelor's degree in Finance, Accounting, Business, or a related field.
  • 10+ years of experience in treasury management, payments, or cash operations.
  • Strong hands-on experience with ACH, wire transfers, lockbox, cash positioning, and fraud prevention tools.
  • Proven experience leading system implementations, preferably Workday, and supporting acquisition integrations.
  • Demonstrated success driving automation and process improvement initiatives.
  • Prior bank operations experience strongly preferred.
  • AI-enabled tools are already part of how work gets done across our organization, and their use will continue to expand over time. We value people who are curious, adaptable, and open to learning as roles and workflows evolve.


Certifications (Preferred):
  • Certified Treasury Professional (CTP)
  • Accredited ACH Professional (AAP)
  • Accredited Payments Risk Professional (APRP) or equivalent


WE OFFER:
  • Competitive Compensation
  • Full Health Benefits (Medical, Dental, Vision, Life Insurance)
  • Paid Time Off, Paid Holidays, and Paid Volunteer Time
  • Company-Matched 401(k)
  • Tuition Reimbursement
  • Employee Resource & Diversity Groups
  • Charitable Gift Matching
  • Job-required equipment and services provided

About The Progressive Corporation

Progressive is a place where innovation and collaboration are a way of life. Each of our employees has a role in our success and together, we continue to find new and better ways to satisfy our customers and move the insurance industry forward.

The Progressive Corporation Careers

Join the vibrant team at The Progressive Corporation, a leader in the insurance industry, and propel your career to new heights with a company known for innovation, leadership, and a commitment to diversity and growth.

Work You’ll Do

At The Progressive Corporation, we offer more than just job opportunities; we provide a platform for professional development and personal growth. As part of our team, you will contribute to transformative projects that redefine the standards of the insurance industry. Our collaborative culture ensures that every team member has the opportunity to make a significant impact.

Empower Your Career

Step into a role that challenges and excites you. At Progressive, you can navigate through a variety of career paths with the support of our extensive training and development programs. From leadership training to diversity workshops, we equip our professionals with the tools they need to excel.

Innovate with Us

Join a group of forward-thinkers who are constantly driving innovation in the insurance sector. At Progressive, your skills in technology, industry expertise, and digital innovation will help shape solutions that meet the evolving needs of our customers.

Internship Programs

Kickstart your career with The Progressive Corporation’s internship programs. Gain invaluable experience, build your resume, and develop professional networking connections that will benefit your career for years to come. Our internships offer a deep dive into the insurance industry, providing a robust foundation for future success.

Benefits and Culture

Choose a career with The Progressive Corporation and enjoy a wealth of benefits that go beyond the basics. Our inclusive culture supports our employees’ life stages and fosters a workplace where everyone can thrive. Health, wellness, financial planning, and work-life balance are just the beginning of what we offer.

Join Our Team

Explore the numerous positions available at Progressive, from entry-level to executive, and find where your expertise can make the most impact. We are continuously hiring talented individuals who are passionate about making a difference and ready to contribute to our culture of continuous improvement.

Stay Connected

Keep up to date with the latest at Progressive: - **Career Insights**: Get insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Customize your subscription to receive job alerts and news tailored to your preferences. Discover the exciting and rewarding opportunities that await at The Progressive Corporation.

Explore Job Opportunities

Search open positions that match your skills and interests. We look for curious, creative, and solution-driven team players who are eager to drive progress and thrive in a dynamic environment.

SEARCH PROGRESSIVE JOBS

At The Progressive Corporation, your career is what you make of it. Grow, innovate, and lead with us as we redefine the future of insurance. Join us and be part of a team that values diversity, innovation, and the professional growth of its members.
Learn more about The Progressive Corporation
Size
49,000 employees
Market Cap
$75.6 billion
Industry
Finance & Insurance
Net Income
$5.7 billion
Founded
1937
5 Year Trend
+15.3%
Revenue
$42.6 billion
NASDAQ
PGR
* Ladders Estimates

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