Treasury Cash Manager Jobs in Iowa (NOW HIRING)

Old Republic Bitco is seeking aTreasury Managerto join our Home Office located inDavenport, IA. As a respected specialty insurer with 11 branch offices across 10 states, OR Bitco delivers tailored insurance solutions to complex industries such as construction, forest products, and oil and gas.

This position is open to hybrid work arrangement, blending flexibility with meaningful in-person collaboration.

At OR Bitco, our work is guided by core values. We care deeply about our people, partners, and customers. We are committed to excellence and accountability. We deliver on our promises with integrity and precision, and we strive to make a meaningful impact in everything we do. These values drive our mission to protect the people and industries that keep America running.

Join the OR Bitco team and be part of a workplace built on collaboration, open communication, and a positive culture that supports growth and success. If you are passionate about operational excellence and ready to make a measurable impact within a growing, industry-leading organization, OR Bitco offers the platform and challenge you have been seeking.

Position Summary:

In this role, you'll be responsible for overseeing the day-to-day treasury operations, accounts payable, accounts receivable, and premium billing support functions for Old Republic Bitco. You'll lead a team of six professionals who are responsible for cash management, payment processing, collections, and billing operations inclusive of customer servicing, while ensuring efficient, accurate, and timely financial transactions.

The Treasury Manager serves as Finance's primary liaison for the ongoing Duck Creek Billing implementation, partnering with IT and various business teams, to support project activities while maintaining the existing premium billing system during the transition. This role emphasizes operational excellence, process improvement, and outstanding customer service across finance operations.

Primary Responsibilities:

Treasury Operations

• Oversee daily cash management activities, including cash application and bank account administration.
• Manage daily banking transactions, including ACH payments, wire transfers, and check processing.
• Ensure timely completion of bank reconciliations.
• Monitor cash balances and assist with short-term cash forecasting.
• Maintain banking relationships and resolve treasury-related issues.

Accounts Payable & Accounts Receivable

• Supervise the daily activities of the Accounts Payable and Accounts Receivable teams.
• Ensure timely vendor payments and accurate processing of invoices.
• Oversee premium cash application and collections activities.
• Monitor aging reports and work with business partners to resolve outstanding items.
• Ensure compliance with company policies and internal controls.

Billing Systems

• Serve as Finance's representative on the Duck Creek Billing implementation project.
• Coordinate Finance testing activities and assist with user acceptance testing (UAT).
• Work with IT and business partners to identify and resolve billing issues.
• Support conversion activities from the current billing platform to Duck Creek.
• Maintain and support the existing billing system throughout implementation.
• Assist with documenting new billing processes and procedures.

Leadership

• Supervise, coach, and develop a team of six employees.
• Assign and prioritize daily work to meet departmental deadlines.
• Conduct performance evaluations and provide ongoing coaching.
• Promote teamwork and excellent customer service within the department.
• Identify training and development opportunities for team members.

Process Improvement

• Recommend improvements to treasury, billing, AP, and AR processes.
• Assist with automation and system enhancement initiatives.
• Develop operational reports and monitor department performance metrics.
• Participate in finance and cross-functional projects as assigned.

Compliance & Controls

• Maintain appropriate internal controls over treasury and payment activities.
• Support internal and external audits.
• Ensure compliance with company policies and regulatory requirements.
• Maintain department procedures and documentation.

Qualifications:

Education

• Bachelor's degree in accounting, Finance, Business, or a related field preferred.

Experience

• 5+ years of accounting, treasury, or finance experience.
• Prior experience leading or supervising a team preferred.
• Experience with Accounts Payable, Accounts Receivable, or cash management.
• Insurance industry experience is highly preferred
• Experience with financial or billing systems is preferred.

Knowledge & Skills

• Understanding of treasury and cash management processes.
• Strong organizational and problem-solving skills.
• Effective written and verbal communication skills.
• Proficiency with Microsoft Excel and Microsoft Office.
• Ability to manage multiple priorities and meet deadlines.
• Experience working with ERP or financial systems.
• Ability to build collaborative relationships across departments.

Benefits:

• Competitive salary paired with a comprehensive benefits package
• Generous paid time off, plus 12 paid holidays annually
• Comprehensive health coverage, including medical, dental, and vision plans
• Additional protection through accident, critical illness, and hospital indemnity insurance
• Company-paid life insurance equal to 2 annual salary
• Company-paid short-term and long-term disability coverage
• 401(k) Savings and Profit-Sharing Plan through Old Republic
• Ongoing education, training, and professional development opportunities
• Support for industry certifications and insurance designations, including financial assistance
• Opportunities to give back through corporate philanthropy and community service initiatives
• Optional benefits including travel, commuter, and pet insurance
• Employee wellness support through a dedicated fitness program