Cash Allocation Manager

📋 Description

• • As the Cash Allocation Manager (CAM) at Howden Specialty LLC, you will be instrumental in providing essential accounting administration services, ensuring the smooth and compliant operation of designated business units.
• • This pivotal role focuses on delivering operational excellence in cash matching, payment processing, and account reconciliations, directly supporting our Insurance Broker Accounting (IBA) operations.
• • You will act as a key escalation point for complex account queries, demonstrating agility and sound judgment to resolve issues efficiently and professionally.
• • Your responsibilities will extend to coordinating with a diverse range of stakeholders, including markets, clients, and internal teams, fostering strong relationships and ensuring high-quality service delivery.
• • Leveraging data-driven reporting and insights will be crucial for guiding execution priorities, identifying potential risks, and communicating effectively through clear data storytelling.
• • You will actively contribute to cross-functional initiatives and projects, driving improvements and ensuring strict adherence to all compliance, governance, and regulatory requirements.
• • A core aspect of your role will be the timely and accurate execution of technical transactions, including processing IBA payment requests, completing cash matching, and reconciling accounts with both markets and clients within agreed-upon timelines.
• • You will also manage the process of forwarding Notices of Cancellation, ensuring diligent follow-through and escalating issues as necessary.
• • The role requires providing operational support for U.S. Cashiering and Treasury activities, which may include approving payments and assisting with banking relationship escalations.
• • Building and maintaining robust relationships with internal and external stakeholders is paramount, serving as an effective escalation point for Private Client and Health & Benefits divisions.
• • You will be expected to respond to business and customer requirements with a high degree of professionalism and ethical conduct.
• • Maintaining accurate, up-to-date system records and delivering comprehensive accounting operations, KPI reporting, and management information will be a continuous requirement.
• • Your analytical and problem-solving skills will be utilized to interpret, manipulate, and derive insights from financial and operational data, identifying trends, risks, and actionable solutions.
• • A solution-oriented mindset is essential, enabling you to prioritize tasks effectively, resolve issues promptly, and escalate appropriately when challenges arise.
• • You will be responsible for interpreting, implementing, and consistently enforcing company policies, procedures, internal controls, and governance requirements.
• • Clear, confident verbal and written communication skills are vital, particularly in translating complex data into actionable insights and influencing stakeholders.
• • As a collaborative team player, you will contribute positively across functions, supporting shared objectives and acting as a role model.
• • A self-motivated and proactive approach to learning and continuous improvement will be key to success in this dynamic role.
• • Proficiency in Microsoft Office applications, especially Excel, Word, and PowerPoint, is expected for daily operations and reporting.
• • You will ensure compliance with all company policies, procedures, and applicable legal and regulatory requirements, maintaining accurate records and ensuring HR and T&C documentation is current.
• • Monitoring and assessing regulatory and legal developments impacting IBA operations and implementing appropriate operational responses will be part of your remit.
• • Staying informed of relevant legal, regulatory, and market changes affecting the role and the broader business is crucial for proactive management.
• • This role offers the opportunity to define your career within a company that values employee ownership, entrepreneurial spirit, and a people-first approach, fostering a culture of collaboration and continuous improvement.