Manager, Treasury
Manager, Treasury
Manager, Treasury
Oscar Health
Oscar Health is hiring a Treasury Manager to lead liquidity, cash management, and treasury operations within Strategic Finance. This remote role (based in Hartford, CT) reports to the Senior Director, Assistant Treasurer, and focuses on optimizing cash across subsidiaries, daily banking activities, and cash forecasting in a capital-intensive insurance environment.
Qualification
- Experience in treasury, cash management, or related finance roles with deep operational understanding of treasury practices.
- Strong ability to manage liquidity and optimize cash across multiple entities and banking relationships.
- Proven cash flow forecasting and reporting experience with variance analysis and coordination with Capital Planning.
- Proficiency in reconciliations of actual cash balances with forecasts and in updating NII or related cash/short-term investments metrics.
- Experience supporting treasury operations and daily banking activities; ability to implement and improve treasury systems and processes.
- Strong cross-functional collaboration skills with Capital Planning and Accounting teams; comfortable working in a dynamic, remote environment.
- Excellent analytical, communication, and problem-solving skills; detail-oriented with ability to translate strategy into execution.
Responsibility
- Lead liquidity management and optimization across the Parent and Subsidiaries, recommending minimum cash balances and efficient use of cash.
- Own cash flow reporting and forecasting by updating subsidiary cash flows, aligning with the Capital Planning team, and maintaining forecast accuracy and variance analysis.
- Perform reconciliation of actual cash balances with Treasury forecasts and explain variances; update Net Investment Income (NII) actuals for cash and short-term holdings.
- Oversee operational treasury activities and daily banking operations; build and maintain treasury systems and banking processes to ensure smooth execution.
- Partner with the Treasury organization to drive cash management strategies in a capital-intensive insurer and translate strategy into operational actions.
- Collaborate with Capital Planning and Accounting to synchronize forecasts, reporting, and financial analysis; identify improvements to treasury workflows and controls.
