Cash Management Director determines corporate cash requirements and oversees short-term cash assets or liabilities. Develops corporate investment strategy while maintaining liquidity. Being a Cash Management Director typically manages the organization's bank accounts, including the oversight of staff responsible for account reconciliation, transfer of funds, or purchase or sale of foreign currencies. May require a bachelor's degree. Additionally, Cash Management Director typically reports to a top management. The Cash Management Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Cash Management Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
The Opportunity
The Cash Management Consultant of the Cash Team will be responsible for managing the company’s bank accounts, cash accounting, cash balance and overall cash position. This includes ensuring all cash flows are properly accounted, all payout obligations are properly funded, and excess cash is communicated to the respective investment manager. The position is responsible for helping safeguard all cash transactions by maintaining strong process controls.
As a Cash Management Consultant you will work with all areas of the company, experiencing and supporting all of the cash flows, from the time revenue is coming into the company all the way through to the supporting investments. This is an opportunity to fully realize and experience how the company operates!! You will work in a fast paced, innovative, and collaborative environment, partnering with the lines of business, finance, investment management, technology, and compliance, helping create and deliver a top tier experience for our customers and policyholders.
The person in this position will report directly to the Head of Cash Management.
The Team
The Controllers Organization is comprised of highly skilled, collaborative problem solvers who are using innovative finance tools to move MassMutual – and the industry – forward. Team members demonstrate high levels of competence in the areas of accountability, agility, leadership and are focused on development. The team culture is collaborative, cross-functional, and uses old and new technologies combined with a focus on work/life balance.
The Impact:
The Cash Management Consultant of the Cash Team will have an impact on helping the company achieve its goals.
The Minimum Qualifications
The Ideal Qualifications
What to Expect as Part of MassMutual and the Team
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MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.