Treasury Manager
We are Farmers – where ambition meets opportunity.
At Farmers, we’re not just known for unforgettable jingle – we’re a team with a passion for purpose and making a real difference in people’s lives. We deliver peace of mind when it matters most. Our results-driven, high-performance culture thrives on creativity, accountability and bold solutions. Here, growth isn’t just a goal – it’s a way of life for both the organization and every individual on our team. We tackle challenges head-on, learn from every experience and measure our impact on the customers who trust us.
Join an award-winning, equal opportunity employer, where you’ll find more than a job – you’ll find a supportive community. Enjoy competitive benefits, take part in meaningful volunteer projects, and help shape the future alongside talented colleagues across all backgrounds. At Farmers, helping others is at the heart of what we do.
Ready to make your mark? Discover our vibrant culture and explore career opportunities at www.Farmers.com/careers/corporate. Connect with us on Instagram, LinkedIn and TikTok, and let’s build something incredible together!
Workplace: Hybrid ( #LI-Hybrid ), Remote ( #LI-Remote )
Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.
Job Summary
Leader of Farmers Treasury (“FT”) “Treasury Integration” function. Key member of FT senior staff with a focus on banking infrastructure, billing systems solutions, and project / vendor management. Act as key FT subject matter expert (“SME”) in enterprise projects / initiatives, with a particular focus on payment rails. Oversight over collection and disbursement strategies for FT, including contributing to IT architecture for payment processes. High focus on system and process improvements and efficiencies including, designing and improving workflows, optimizing FT processes, and continuously enhancing FT controls while ensuring compliance with Farmers risk policies. Work closely with FT Bank Administration team to understand & deliver banking services into Farmers environment. Leverage strong project management and vendor management skill sets to deliver on enterprise initiatives. Assist in providing other finance support and special project analysis as required. Work closely under direct supervision of Farmers Treasurer.
Essential Job Functions
- Manage premium collection and various physical and digital disbursement channels.
- Serve as backup for critical cash management functions, including review and approval of ACH and wire payments in accordance with established policies and procedures.
- Support internal business partners including Accounts Receivable, Accounts Payable, legal, tax and IT. Work with internal and external auditors.
- Collaborate with Bank Administration team within FT to maintain strong bank relationships while managing global banking structure. Help monitor and oversee existing bank account services and signatories. Assist with other Bank Administration tasks / projects.
- Review and negotiate treasury contracts with banks and other Fund Transfer vendors. Contribute to periodic cost review of bank and other Fund Transfer fees.
- Support the Cash Management team in daily cash positioning and cash forecasting processes. Support Global Treasury Operations team in capital planning and forecasting and Treasury Platform strategies.
- Manage all Treasury Integration projects and initiatives. Create project reporting and tracking documents for FT project meetings.
- Develop and support treasury policies, procedures and controls. Identify opportunities and implement process improvements. Support special projects and acquisitions as assigned.
- Communicate with internal and external business partners on inquiries, issues, and escalated requests.
- Assist in creating structure and strategy for monthly key performance indicator reports.
- Contribute to the development and monitoring of the FT budget.
- Prepare, review and maintain Internal Control compliance. Ensure proper controls exist over cash receipts, disbursements and general treasury activities.
- Support business continuity planning
- Cross-train for all related treasury functions to serve as an effective backup to the team as needed.
- Support Treasurer in all treasury functions. Perform other duties as assigned.
- Participate in departmental / cross functional projects as needed.
- Prepare ad-hoc reports, analysis and conduct special projects, as necessary.
- Promote safety at all times and complies with safety/ergonomic standards as outlined in relevant company published manuals.
- Required job duties are normally performed in a climate-controlled office environment.
Experience Requirements
- Minimum 7 years of accounting, finance or treasury experience required.
Education Requirements
-
High School diploma or equivalent required.
-
Bachelor’s degree preferred in finance, economics, accounting, investments, sciences or business.
-
Master’s degree preferred.
Special Skill Requirement
-
Applied working knowledge of a treasury management system preferred.
-
Strong interpersonal and communication (oral and written) skills to communicate effectively with business partners.
-
Solid analytical, financial and systems skills are required, including spreadsheet and basic modeling skills.
-
Self-motivated, attention to detail and deadline oriented, ability to work within tight deadlines.
-
Applied working knowledge of SAP preferred.
-
CTP (Certified Treasury Professional) preferred. Project Management Professional (PMP), Chartered Financial Analyst and Certified Public Accountant certifications are also preferred.
Physical Actions
Benefits
- Farmers offers a competitive salary commensurate with experience, qualifications and location.
o CA Only: $115,275 - $196,130
o CO Only: $108,375 - $169,070
o HI/IL/MN/VT Only: $108,375 - $181,060
o MA Only: $108,375 - $181,060 - o MD Only: $108,375 - $181,060
o DC/NJ/NY/OH Only: $108,375 - $196,130
o Albany County, NY/Cleveland, OH: $115,275 - $169,070
o WA Only: $108,375 - $205,750 - Bonus Opportunity (based on Company and Individual Performance)
- 401(k)
- Medical
- Dental
- Vision
- Health Savings and Flexible Spending Accounts
- Life Insurance
- Paid Time Off
- Paid Parental Leave
- Tuition Assistance
- For more information, review “What we offer” on https://www.farmers.com/careers/corporate/#offer
Job Location(s): R_US - United States
Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.
Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law. Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veteran's status, or any other basis protected by applicable discrimination laws.
Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.
Spokane, WA only: Residents who prefer not to provide their address click here to submit your resume via email: careers@farmers.com