Director Treasury Services

Facility: Administrative Regional Training Cntr

Shift: Shift 1

Status: Full Time FTE: 1.000000

Bargaining Unit: ACE Associates

Exempt from Overtime: Exempt:
Yes

Work Schedule: Days

Hours:

Under general supervision of the Catholic Health (CH) Vice President, Finance / Corporate Controller this position is responsible for the oversight and coordination of the flow of cash of all CH affiliates and CH Corporate (approximately $360 million) via the CH Cash Management Program and the flow of funds in/out of the CH Cash Management/Investment/LOC Programs. This includes: monitoring the flow of funds as requested by each affiliate;

transferring funds via various appropriate methods; monitoring cash balances on a daily basis to determine interest income or expenses; ensuring that the maximum balance is invested in the appropriate funds with minimum idle cash; and monitoring short term investment vehicles and CH Line of Credit. This position is the key contact with the CH "Bank of Choice" and is responsible for CH's banking relationship.

The Director of Treasurer will prepare and/or present investment program updates to governance Committees and/or Boards as required. In addition, this position will have responsibility for the central monitoring of all Corporate and CH affiliate debt covenants and will assist the Vice President, Finance / Corporate Controller with additional monitoring of existing debt (including any potential refinancing), and issuance of any new debt (capital leases/bond offerings).

Determines annual cash available for capital and assists with Capital Budget process as appropriate to ensure appropriate funding is available to support the strategic direction of the System. The Director of Treasury Services will be responsible for the financial management of the following programs, Self-Insured Health Insurance, Workers Compensation, and Professional Liability. Role will also work directly with the Catholic Pension Manager to establish the underlying assumptions utilized to calculate the pension liability and other programs as directed.

This role will oversee the required journal entries provided the ministry financial reporting teams. In addition, the Director of Treasury Services will be responsible for the oversight of the Accounts Payable and Payroll functions. This role will manage non-patient receivable which includes revenue associated with property leases and associate leasing to external entities. These lease arrangements will be built within Catholic Health's financial reporting system to ensure automated billing and reporting is maintained.

This position will also oversee cash balancing between the hospital cash deposits against accounts receivable activity. As an integrated health system, Catholic Health employs and contracts numerous clinical providers across various specialties. The Director of Treasury will oversee the compensation payments to ensure payments are timely and comply with contractual agreements.

• Bachelor's Degree in Accounting or Finance
• MBA Required
• Certified Treasury Professional (CTP) preferred

• Seven (7) to (10) years of progressive managerial experience within a financial reporting environment
• Three (3) to five (5) years cash management/banking/accounting/finance or related experience (healthcare a plus)
• Familiarity with controlled disbursing, lock boxing, account reconcilement, and short-term investing desired
• Working knowledge of Accounts Payable and Payroll required

• Knowledge of PC and spreadsheet-based program required
• Advanced working knowledge of ERP Systems (Lawson preferred)
• Multi-organizational cash management
• Strong communication, analytical, computer operations and applications skills
• Strong degree of independent judgment and confidentiality
• Ability to interact well with others at all levels

• Normal heat, light, space, and safe working environment; typical of most office jobs
• Some local travel required