Vice President, Treasury

Strategic Cash Management Role

The primary focus of this role is to manage all strategic cash management initiatives, oversee global cash management/liquidity activities, report on related activities and execute fund movements, as necessary. Incumbent will enhance enterprise business decisions through automation & process improvement, cash flow forecasting and other financial modeling. Responsible for providing leadership and direction to ensure designated cash processing, reconciliation and reporting functions are completed in a timely manner.

Oversees implementation of Treasury Department initiatives and process improvements. This role does need to be located within a reasonable distance to our Conshohocken, PA Headquarters with the preference to a hybrid work model.

Essential Functions and

Job Responsibilities:

• Maintains oversight of daily cash position, associated reporting and ensures timely processing of transactions through bank platforms by Treasury staff.
• Anticipates and recommends any short-term borrowing/investment needs to management and works with other internal stakeholders to determine the best source of additional liquidity.
• Develops, monitors, and analyses six-month cash liquidity forecast, ensuring any changes to projections are reconciled with FP&A & Accounting. Prepares related reporting package for management.
• Manages the company's initiative to migrate to a global banking platform with one provider. Treasury lead for integration of all newly acquired entities.
• Assists CFO in maintaining compliance with all debt agreements including preparing related covenant calculations, preparing compliance certificates, and preparing compliance forecasts as needed.
• Assists CFO with risk management activities including all company insurance renewals, interest rate hedging activities and any other risk mitigation strategies implemented by the company.
• Responsible for ensuring day-to-day Treasury and banking needs for all company entities are met. Manages company cash management banking relationships. Reviews, recommends, and assists with negotiations of Treasury contracts with banks as needed.
• Maintains equipment financing relationships with our manufacturing partners and coordinates with accounting to ensure proper recording of any financing arrangements.
• Monitors existing bank account services and evaluates changes to banking products, services, and platforms as appropriate.
• Oversees and directs updates to Company bank signatory, or other bank documentation, as needed and serves as primary Company contact for any bank-initiated regulatory reviews/needs (KYC, FBAR, OFAC, etc.)
• Reviews and approves any Treasury month-end closing activities.
• Reviews bank fees, merchant card fees and provides monthly or quarterly reporting to management, as necessary.
• Responsible for the oversight and review of SOX compliance within the department; ensure proper controls exist over cash receipts, disbursements, and general Treasury activities. Update controls, policies and narratives as needed.
• Maintain patient confidentiality and function within the guidelines of HIPAA.
• Completes assigned compliance training and other educational programs as required.
• Maintains compliant with Adapt Health's Compliance Program.
• Perform other related duties as assigned during and outside of normal business hours as needed.

Management / Supervision:

• Responsible for selection and hiring of qualified staff, ensuring an effective on-boarding, and providing comprehensive training and regular feedback.
• Accomplishes staff results by communicating job expectations; planning, monitoring, and appraising job results; coaching, counseling, and disciplining employees; developing, coordinating, and enforcing systems, policies, procedures, and productivity standards.
• Establishes annual goals and objectives for the department based on the organization's strategic goals.
• Responsible for achieving organizational performance and retention goals, including timely completion of performance evaluations.

Competency, Skills, and Abilities:

• Strategic vision with the ability to execute.
• Demonstrated leadership presence and maturity.
• Impeccable judgment and ability to make sound decisions in a fast-paced, dynamic setting.
• Proven leadership skills
• Strategic business partner
• Independent thinker and decision maker
• Project management: ability to manage and coordinate complex projects with senior stakeholders.
• Initiative; originate productive actions without specific instructions; generate new ideas, processes, and approaches to meet business needs.
• Flexibility: adaptive to frequent changes in priorities, organization, and strategy; flexible to deadlines with short lead times.
• Extensive knowledge of finance, accounting, budgeting, and cost control principles include Generally Accepted Accounting Principles (GAAP)
• Excellent communication and presentation skills, both verbal and written
• Expert level of technical knowledge of bank products and services and internal systems
• Expert ability to analyze business…