Treasury Consultant

Treasury Consultant The Company: Aflac Incorporated The Location: GA, US The Division: Aflac Inc. CFO Job Id: 6587 Salary Range: 72,000 to $167,000 Job Posting End Date: We’ve Got You Under Our Wing We are the duck. We develop and empower our people, cultivate relationships, give back to our community, and celebrate every success along the way. We do it all…The Aflac Way. Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized as Fortune’s 50 Best Workplaces for Diversity and as one of World’s Most Ethical Companies by Ethisphere.com. Our business is about being there for people in need. So, ask yourself, are you the duck? If so, there’s a home, and a flourishing career for you at Aflac. Worker Designation – This role is hybrid. This means you will be expected to report to one of our Aflac offices located in Columbus, Ga or Columbia, SC for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership.

If you livewithin 50 milesof the Aflac offices located in Columbus, GA or Columbia, SC, this role will behybrid.This means you will be expected to work in the office for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership.

What does it take to be successful at Aflac?

Acting with Integrity

Communicating Effectively

Pursuing Self-Development

Serving Customers

Supporting Change

Supporting Organizational Goals

Working with Diverse Populations

What does it take to be successful in this role?

Comprehensive knowledge of Generally Accepted Accounting Principles (GAAP), Financial Accounting Standards Board (FASB), state insurance department statutes, SEC, and federal and state regulations, with an emphasis on insurance accounting

Comprehensive knowledge of commercial banking services and practices, knowledge of Federal Reserve regulations, and knowledge of the Uniform Commerce Code (UCC) as well as knowledge of the Automated Clearing House operations and regulations

Strong knowledge of short-term capital markets, business cash flow, cash management strategies, short-term investment and borrowing alternatives, and foreign exchange

Solid knowledge of cash management techniques and financial forecasting

Strong knowledge and understanding of accounting and financial systems and treasury management software.

Ability to handle multiple tasks under tight deadlines.

Strong understanding of common financial reports and financial metrics

Strong computer skills, including proficiency in Microsoft Excel, Word, and PowerPoint

Excellent written and verbal communication, analytical and interpersonal skills.

Attention to detail and accuracy.

Education & Experience Required

Bachelor's Degree accounting, finance, business administration, or a related field.

six years of professional job-specific experience

Five years of work experience in treasury/cash management or banking field

Or an equivalent combination of education and experience

Education & Experience Preferred

Certified Treasury Professional (CTP) designation

Principal Duties & Responsibilities

Performs daily cash positioning for (6) legal entities to ensure funding requirements and investing of excess cash are within the company policy and guidelines, reconciles daily (50) bank accounts within treasury workstation, executes electronic funds movements related to inter-company transfers, debt service payments, money market purchases, redemptions, foreign exchange transactions and other transfers.

Reviews and exports daily cash journal entries related to cash management activity to SAP; reviews all cash management transactions; reconciles all cash and investment accounts and resolves discrepancies; monitors auto-postings for accuracy and re-class entries when applicable; works with the accounting group during the monthly, quarterly, and annual close processes.

Assists in the management of bank relationships and evaluation of services, pricing, and products; performs monthly bank fee analysis reconciliation and fee comparison within Weiland and makes product recommendations to improve efficiencies and to reduce fees; develops scorecards for banking partners and provides timely feedback; serves as primary point of contact for all cash related activities and inquiries.

Performs corporate bank account administration, opens/closes bank accounts, lock boxes, custody and trust accounts for all legal entities and establishes required services for each account, prepares and maintains bank account documentation, provides financial institutions with updated banking resolutions, maintains Treasury’s bank relationship database, ensuring the company’s bank account records are accurate and current.

Maintains static data within treasury workstation, responsible for legal entities, bank accounts, counter party creation as stated within policy guidelines and develops/modifies bank account mapping and reconciliation rules.

Supports the cash flow forecast process, assists with (30) cash position estimate cash receipts and disbursements, and reconciliation of actuals; monitors global positions; acts as an extensive liaison with all departments to facilitate cash movements.

Ensures that all company bank accounts are appropriately funded to prevent an overdrawn or excessive balance status, obtains an optimal yield on investments, and maintains the availability of funds as needed; maintains effective working relationships with domestic and international banks and exchange service houses compensating balances and service fees; ensures the prompt reconciliation of international invoices.

Assists with the ongoing implementation, upgrade, or enhancements to the treasury technology; develops, reviews, and evaluates operating procedures and policies, updates the desk procedure manual, as warranted, and recommends changes that support company objectives and improve company performance; participates in Business Continuity testing.

Ensures compliance with SOX controls, ERM compliance standards, and adherence to treasury policies and procedures; participates in Sarbanes-Oxley reviews as needed; completes audit requests, as required.

Assists with special projects on an as needed basis.

Provides support for all treasury related initiatives.

Performs other duties as required.

Total Rewards

This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions including, but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. The range has been created in good faith based on information known to Aflac at the time of the posting. Compensation decisions are dependent on the circumstances of each case. This salary range does not include any potential incentive pay or benefits, however, such information will be provided separately when appropriate. The salary range for this position is 72,000 to $167,000.

In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee), 401(k) plans, annual bonuses, and an opportunity to purchase company stock. On an annual basis, you’ll also be offered 11 paid holidays, up to 20 days PTO to be used for any reason, and, if eligible, state mandated sick leave (Washington employees accrue 1-hour sick leave for every 40 hours worked) and other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being. Aflac complies with all applicable leave laws, including, but not limited to sick and safe leave, and adoption and parental leave, in all states and localities.