The Financial Services departments and functions provide many services to our multi-hospital and health care services organization including: Accounting, Finance, Accounts Payable, Payroll, Financial Planning, Capital Planning and Management, Treasury, Supply Chain and Real Estate Management.
POSITION OVERVIEW: The Treasurer is responsible for the treasury management functions of the system. Duties include: banking relationships, cash management, informing corporate finance strategies, assessing capital lease financing, financial instrument risk management, insurance program support, and capital structure analysis and debt financings support. This position supports the development of policies and procedures to ensure daily cash management and the payment of debts of the organization as well as directs cash forecasting and management activities.
This position does not directly manage other caregivers, however may be asked to review and provide feedback on the work of other caregivers.
ESSENTIAL FUNCTIONS AND DUTIES:
In collaboration with SCHS leadership, SVP/CFO, VP Finance, SCHS Board Finance Investment Subcommittee, the SCHS Board Finance Committee and the SCHS Board, participates in the development and implementation of the organizations investment strategy consistent with the values of the organization and in support of the strategic goals and objectives. Supports the execution of policies and procedures to protect the financial integrity of the organization by safeguarding the organizations funds and assets.
Serves as a voting member of the St. Charles Retirement Plan Committee which oversees the defined contribution plans including the investment managers who select investment vehicles available to plan participants. Analyzes and oversees SCHS and St. Charles Foundation, Inc. (SCF) cash management and investment portfolios.
Monitors Outsourced Chief Investment Officer (OCIO) and investment manager performance.
Serves as liaison to OCIO and other investment consultants for corporate asset portfolios, SCF and defined contribution portfolios. Serves as liaison to investment managers and custodian bank, if applicable, for ongoing communication, fees, compliance, financial reporting and directions related to contributions and withdrawals to established accounts.
Acts as primary contact with the commercial banking community. Establishes strategy for bank relationship development and maintains corporate banking relationships. Keeps current on new products and services to obtain cost effective services.
Manages all corporate bank and custodial relationships and accounting including opening/closing and administration.
Oversees and recommends funds movements to manage SCHSs short term cash needs. Monitors cash availability projections to ensure appropriate liquidity and asset allocation.
Develops recommendations on operational practices to maximize cash flow. Partners with Revenue Cycle leadership to ensure banking services meet all internal needs.
Researches and analyzes strategies for access to capital markets. Supports the SVP/CFO and VP Finance with the interfaces with investment banks, attorneys, consultants, and rating agencies with respect to new debt issuance and refinancings and maintenance of outstanding debt issuances. Supports and coordinates internal effort related to financing activities.
Manages and monitors compliance with all debt covenants and reports on status on a regular basis. Proactively monitors bond covenants and reports compliance on a quarterly basis, or as needed, to management and as required to bond holders.
Collaborates in the development of investor communication strategies. Prepares on-going communications for VP, CFO and at times CEO to deliver.
In collaboration with the Controller, ensures compliance with IRS reporting requirements related to outstanding tax-exempt bond issues and private use.
Leads benefit plan audits and ensures timely and accurate filing of the Form 5500.
Supports design and execution of SCHS insurance coverage. Supports placement of all insurance policies which transfer risk exposure from SCHS to an independent, financially viable third-party commercial insurer/reinsurer. Provides data and other support of broker relationships with respect to policy placements. Coordinates annual and periodic actuarial valuations related to periodic assessment of self-insurance reserves and risk retention.
Partners with Accounting team, providing insights; balance sheet oversight, reconciliations, and analytics; and financial statement disclosure support.
Partners with Finance team, supporting investment performance, interest expense and other projections to support long range financial plans and budgets.
Supports the vision, mission, and values of the organization in all respects.
Supports Value Improvement Practice (VIP- Lean) principles of continuous improvement with energy and enthusiasm, functioning as a champion of change.
Provides and maintains a safe environment for caregivers, patients, and guests.
Conducts all activities with the highest standards of professionalism and confidentiality. Complies with all applicable laws, regulations, policies, and procedures, supporting the organizations corporate integrity efforts by acting in an ethical and appropriate manner, reporting known or suspected violation of applicable rules, and cooperating fully with all organizational investigations and proceedings.
Delivers customer service and/or patient care in a manner that promotes goodwill, is timely, efficient, and accurate.
May perform additional Accounting duties of similar complexity within the organization, as required or assigned.
Required : Bachelors degree in accounting or finance.
Preferred : Masters degree in business/finance.
Required : N/A
Preferred : Certified Public Accountant. Certified Healthcare Financial Professional.
Required : Seven (7) years of treasury, corporate accounting or public accounting work-related experience.
Preferred : Work-related experience in the Healthcare industry.
PERSONAL PROTECTIVE EQUIPMENT
Must be able to wear appropriate Personal Protective Equipment (PPE) required to perform the job safely.
Continually (75% or more): Use of clear and audible speaking voice and the ability to hear normal speech level.
Frequently (50%): Sitting, standing, walking, lifting 1-10 pounds, keyboard operation.
Occasionally (25%): Bending, climbing stairs, reaching overhead, carrying/pushing or pulling 1-10 pounds, grasping/squeezing.
Rarely (10%): Stooping/kneeling/crouching, lifting, carrying, pushing or pulling 11-15 pounds, operation of a motor vehicle.
Never (0%): Climbing ladder/step-stool, lifting/carrying/pushing or pulling 25-50 pounds, ability to hear whispered speech level.
Exposure to Elemental Factors
Never (0%): Heat, cold, wet/slippery area, noise, dust, vibration, chemical solution, uneven surface.
Blood-Borne Pathogen (BBP) Exposure Category
No Risk for Exposure to BBP
Schedule Weekly Hours:
First Shift (United States of America)
Is Exempt Position?
Scheduled Days of the Week:
Shift Start & End Time:
Original source: Indeed