Director of Financial Operations and Treasury

Are you a proactive and results-oriented finance professional with a passion for building positive relationships and delivering high-impact financial insights? We are seeking an experienced and dynamic Treasury Operations Leader to oversee and manage our company's treasury function. This role is responsible for the strategic management of the company's treasury activities, including cash management, liquidity planning, risk management, and the optimization of financial resources.

We offer highly competitive medical, dental and vision plans as well offering a generous 401k match and all employees start accruing vacation and sick time from their very first day. We empower employee development through our tuition reimbursement plan, professional development plans, and employee-led communities.

The pay range for this position In Western Washington varies between $151,400 – $248,800, and for Eastern Washington varies between $130,900 - $215,100. Washington Dental Service and its affiliates, including Arcora Foundation, Delta Dental of Washington, and Tri Forza Corp. intends to offer the selected candidate a base pay within this range, dependent on job-related, non-discriminatory factors such as experience. Base pay will also be adjusted based on the candidate's geographic location.

Essential Responsibilities include the following: The list of responsibilities listed is not intended to be comprehensive. Washington Dental Service and its affiliates, including Arcora Foundation, Delta Dental of Washington, and Tri Forza reserve the right to change the responsibilities at any time with or without notice.

Cash and Liquidity Management

• Direct daily cash positioning and short- and long-term cash forecasting to support liquidity, funding, and capital allocation decisions.
• Manage short-term and long-term cash flow to ensure liquidity.
• Optimize cash management processes and banking relationships. Develop and execute liquidity strategies across subsidiaries, considering applicable regulatory requirements and company-wide needs.
• Direct daily cash positioning and short- and long-term cash forecasting to support liquidity, funding, and capital allocation decisions.
• Drive working capital performance across Accounts Receivable and Accounts Payable to improve cash flow, collections, payment practices, and overall cash conversion.
• Develop and maintain Treasury risk management policies and procedures.
• Monitor market and business conditions and adjust Treasury risk strategies as appropriate.
• Lead cash deployment analysis and Treasury reporting, providing forward-looking insights to support financial and strategic decision-making.

Treasury Operations and Controls

• Set direction for Treasury systems, tools, processes, and infrastructure to support efficient and scalable operations. Manage banking infrastructure, including bank account structures, payment operations, merchant fees, settlements, and related controls.
• Lead relationships with banks and financial institutions and negotiate services, terms, and fees.
• Drive continuous improvement across Financial Operations and Treasury through process optimization, automation, AI, and technology enhancements that improve efficiency, scalability, and controls.
• Establish and maintain effective Treasury controls and financial data governance, validation, and documentation practices to ensure accurate, reliable, and consistent financial information.

Team Leadership and Strategic Initiatives

• Lead and develop the Financial Operations and Treasury organization, including Accounts Receivable and Accounts Payable.
• Reinforce and demonstrate WDS/DDWA core values across the function and in cross-functional partnerships.
• Set clear priorities and expectations for the team and ensure strong…