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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. 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.
Job Responsibility:
Monitors daily time deposit and money market fund rates
Reviews portfolio holdings, helps ensure compliance with investment policy, compliance with internal risk policies, and ensures ample liquidity
Reports on portfolio performance including portfolio holdings, investment income, maturity distribution, performance diversification, and allocations, which will be used to make key portfolio related decisions
develops reports using Aladdin, FAM & Treasury Management System
Optimizes net investment income with capital preservation within prudent risk framework
practices strong risk management skills in managing holding company liquidity
Provides close oversight and management of separately managed accounts and represents Aflac with key banking partnerships
Helps with Treasury’s ESG and Impact investing efforts
Helps review Treasury’s State & Federal Tax Credit investment opportunities
Performs short-term investment policy drafting and maintenance
documents and maps short-term investment processes, recommends improvements (including automating processes where appropriate), monitors policies and procedures for compliance
compiles and prepares data
identifies long-term process improvement strategies
Reviews the short-term forecast to identify appropriate short-term investment maturities
understands the Company’s cash inflows & outflows in order to make investment decisions while maintaining appropriate liquidity
Works with Treasury Management System & Treasury Operations to ensure appropriate recording, reporting & settlement of all purchases
serves as a liaison with Investment Accounting for proper accounting treatment of investments
Develops and presents a variety of presentations to Treasury and other senior management leadership
Assists in the development of internal controls and risk management for the treasury function in compliance with Sarbanes-Oxley
Assists in tracking and reporting of daily stock repurchase activity
Analyzes cash flow forecasts and performs scenario testing
constructs reporting tools for management
provides reporting metrics that compare actuals to forecast
develop models to project cash flow data
Develops internal analytical models to support decision making on liquidity positions and capital planning
Assists with peer analysis and competitive position with regard to liquidity positions and capital planning
Provides management with support for special projects
Works with cross-functional teams on dividends payments, debt payments, capital contributions, and reinsurance payments
Works with internal business partners on capital funding as needed
Works with internal business partners on data storage management
Tracks and projects shareholder dividends and the effect stock buyback has on said dividends
Provides back up support for Long Term Cash Flow Forecast team
Performs other related duties as assigned
Requirements:
Bachelor's Degree in Finance, Accounting, Business Administration or a related field
5 years of professional job-related work experience
Knowledge of cash management products and processes of U.S. financial institutions
Knowledge of Generally Accepted Accounting Principles (GAAP) and the Financial Accounting Standards Board (FASB)
Excellent attention to detail and accuracy
Ability to handle multiple tasks under tight deadlines
Proficient in Microsoft Office suite of software with strong proficiency in Excel
Excellent written and verbal communication, and interpersonal skills
Nice to have:
1 to 3 years of work experience in treasury/cash management or banking field
Treasury software experience
Understanding of and experience with SAP functionality and configuration preferred
What we offer:
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)