Treasury Manager

Lemonade · Brooklyn NY

Company

Lemonade

Location

Brooklyn NY

Type

Full Time

Job Description

Not your everyday company
Lemonade completely reinvented how insurance works. As a customer-centric tech company, we created an insurance experience that is smart, instant, and delightful.
At Lemonade, you'll be working with a group of like-minded makers, who get a kick out of moving fast and delivering great products. We surround ourselves with some of the smartest, most motivated, creative people who are filled with positive energy and good karma.
Unlike most publicly traded companies, we're nimble and efficient. We take pride in the fact that we still think and operate like a startup. We don't care much about titles and hierarchy and instead focus on innovation, bold moves, and challenging the status quo.
We're built as a lean, data-driven organization that relies on a common understating of objectives and goals to provide teams with autonomy and ownership. We don't like spending our days in meetings and we skip committees altogether. At Lemonade, there's no such thing as going over someone's head. We have zero tolerance for bureaucracy, office politics, and lean-back personalities.
As a Public Benefit Corporation and a certified B-Corp, we deliver environmental and social impact using our products and tech. Through our Giveback program, we partner with organizations such as the ACLU, New Story, The Humane Society, Malala Fund, American Red Cross, 360.org, charity: water, and dozens of others, and have donated millions towards reforestation, education, animal rights, LGBTQ+ causes, access to water, and more.
Awarded 'best workplace'
Best Workplace and Best-Led Company by Inc. Magazine
High 4.4 rating on Glassdoor ⭐️
Our Founders listed among Glassdoor's Top CEOs
"World Changing" by Fast Company
Recognized as a World Changing Idea by Fast Company Magazine
Ranked #1 Home insurance in America
Won best renters and homeowners insurance in America by US News, and others
Best Pet Insurance in America
Rated "Best Overall Pet Insurance" by Better Homes & Gardens
Rated 4.9 ⭐ on the Apple App Store
Among the highest rated apps of all time
What you're applying for
We're looking for a Treasury Manager to develop and manage Lemonade's corporate treasury operations.
This role requires you to build relationships with our current banking and investment management partners, and support internal key stakeholders across all entities. Your insights will be key as Lemonade continues to expand into new markets and launch new products and capabilities that come with unique financing requirements and regulation in the insurance sector.
The expected salary for this position will be $110K - $140K per year.
In this Role You'll
  • Manage banking and investment manager relationships
  • Oversee and manage the company's global cash position and global cash flow forecast
  • Partner with Finance and Accounting teams to execute treasury operations project
  • Manage inter company relationships and arrangements, maintaining appropriate capital levels for operating needs that supports the company's liquidity strategy-including managing foreign exchange translation exposure
  • Monitor and oversee the corporate investment portfolio and recommend strategic changes to investment policy in order to enhance investment returns
  • Quantify and analyze company-wide foreign currency transaction, economic, and translation exposures
  • Help inform spending decisions and make hedging recommendations
  • Ensure compliance with treasury controls documentation and assist in all quarterly review and annual audit requests

What You'll Need
  • 5+ years of relevant general treasury or corporate finance professional experience
  • Highly proficient in Excel and Google Workspace
  • Extensive treasury operations experience including banking/cash operations and cash management/forecasting
  • Prior work experience in multiple areas within treasury/Cash management, Treasury Operations, FX, or Investment Management
  • Exceptional understanding of U.S. GAAP accounting and reporting requirements of ASC 820 Fair Value Measurement and ASU 326 Financial Instruments - Credit Losses (CECL)
  • Ability to work in an office environment

Things to know...
Lemonade is an equal opportunity employer committed to diversity and inclusivity. We never discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. If you require reasonable accommodations due to religious beliefs, pregnancy, or disabilities, let us know at any time.
Apply Now

Date Posted

11/02/2022

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