Dir Cash Mgt and Debt Program-31604

Rush University Medical Center; Chicago (IL); Sur place; USD 72 000 - 121 000; Plein temps

Résumé du poste

Rush University Medical Center in Chicago seeks a Cash Management and Debt Program Director to oversee treasury functions for the System and subsidiaries. You will manage daily cash receipts and disbursements totaling billions, guide weekly and long-term reporting, budgeting and forecasting, and supervise the debt program currently totaling -$750 million with new debt planned.

The role requires strong leadership, advanced Excel/Access/PowerPoint skills, and proven ability to negotiate with banks

Qualifications

• Bachelor's degree required.
• Certification in cash management.
• 3+ years Treasury experience incl. cash management and debt financing.
• Experience with Treasury and banking systems.
• Mangement experience with oversight.
• Change management across treasury tech implementations.
• Advanced Excel, Access, and PowerPoint skills.
• Align treasury with continuous pursuit of excellence across the organization.
• Strong negotiation with banks/lessors to meet financial metrics.
• Excellent written and verbal communication.

Responsabilités

• Manages System working capital to meet obligations.
• Liquidity management and forecasting activities.
• Manages short-term investments to maximize interest while preserving capital.
• Records and reports cash activity monthly; builds reporting infrastructure.
• Oversees cash management of Cashier's Office and card processing with Vyridian.
• Leads debt issuance, refinancing, and manages relations with banks, rating agencies, and legal.

Connaissances

Cash management

Debt financing

Treasury leadership

Financial forecasting

Vendor relations

Negotiation

Communication

Cross-functional teamwork

Change management

Risk mitigation

Excel

PowerPoint

Access

Formation

Bachelor's degree

MBA (preferred)

Outils

Ripple (GTreasury)

Bloomberg

Description du poste

Location: Chicago, Illinois
Hospital: Rush University Medical Center
Department: Treasury
Work Type: Full Time
Work Schedule: 8 Hr (8:30 AM - 5:00 PM)
Rush offers exceptional rewards and benefits learn more at our Rush benefits page (https://www.rush.edu/rush-careers/employee-benefits).
Pay Range: $52.15 - $87.61 per hour

Summary

This Cash Management and Debt Program Director is responsible for oversight of the treasury functions related to all cash management functions, debt, and lease programs for the Rush System for Health (”System”) This oversight includes all operating units ofthe System, in addition to other wholly-owned subsidiaries and joint ventures. The cash management includes the daily operational management of receipts and disbursements totaling several billion annually. The cash management is also responsible for weekly and longer term reporting, budgeting and forecasting. In addition to the cash management functions, the director will oversee the debt program of the System and its subsidiaries. The program currently totals -$750 million with material new debt planned over the next five years. Exemplifies the Rush mission, vision and values and acts in accordance with Rush policies and procedures.

Other Information

Required Job Qualifications:

• Bachelor's degree.
• Certification in cash management.
• Three years of relevant experience in Treasury, with experience in cash management processes and debt financing.
• Experience with Treasury and banking systems.
• Manager experience and ability to demonstrate strong oversight and leadership.
• Ability to propose, manage and oversee change management, particularly across technological advances on treasury collection and disbursement and payment models.
• Advanced skills in Excel, Access, and PowerPoint.
• Need to integrate Continuous Pursuit of Excellence across all parts of Treasury.
• Ability to negotiate terms and conditions with banks/lessors with goal of meeting all of Rush's financial metrics.
• Superb written and verbal communication skills.
• Strong interpersonal skills, particularly with frequent interaction with senior leadership, board, stakeholders across the Rush system and outside partners.
• Self-directed with the ability to work independently.
• Ability to collaborate with other functional areas of Human Resources, Corporate Finance, Budget and Financial Planning, Patient Financial Services, and Internal Audit
• Experience in creating and maintaining client/vendor/department relationships.
• Ensures the company is properly covered against losses through risk mitigation by identifying, defining, and measuring risk associated with company operations.
• Strong organizational and time management skills.
• Attention to detail.
• Ability to manage multiple projects, multiple teams, and establish priorities.
• Team player with a positive attitude and must reflect strong ICARE values with support of all Diversity & Inclusion initiatives throughout Treasury.

Preferred Job Qualifications

• MBA
• Experience with Ripple (fka GTreasury) and Bloomberg

Responsibilities

• Manages the working capital of the System by maintaining sufficient cash balances to meet the obligations of the System and its subsidiaries.
• Liquidity management, including performing daily cash management and forecasting activities, executing funds movement transactions, and resolving any cash related errors in a timely manner.
• Manages short-term investments to maximize interest income within established guidelines while focusing on preservation of capital. This includes rebalancing and transfers from/to operating cash to the Operating Reserves Fund.
• Records and reports cash activity for the System and its subsidiaries on a monthly basis; builds an infrastructure to support prompt and accurate reporting going forward.
• Manages the petty cash processes across the Medical Center enterprise.
• Active research placeholder
• Acts as a liaison between other Finance departments, including Accounts Payable, Patient Finance, University Finance, and financial institutions to ensure awareness of the current technology and best practices that are employed within the industry.
• Develops and maintains cash management policies and procedures and ensure its effective implementation.
• ln conjunction with the System STreasurer, manages the System’s treasury, leasing and debt banking relationships.
• Lead from Finance working with other departments to meet their needs (Executive Banking Services, ATMs, College Savings programs, and other initiatives).
• Lead on all Financial Wellness initiative across the enterprise, including initiatives for students, lower wage employees, physician services, coordination with Rush Health and HR.
• Oversees the cash management of the Cashier's Office and its employees. This includes the oversight of credit card/merchant card processing requests, policies, and duties with Vyridian.
• Maintains timely records of authorized signatories, board resolutions, and segregation of duties best practices. Maintains and secures all secure fobs, passwords, etc.
• Establishes and maintains appropriate cross-training and disaster recovery plans for the System treasury functions.
• Leads payment technology enhancements, system integrations, automation initiatives, and internal control improvements to enhance operational efficiency, financial transparency, risk mitigation, and cost savings across the System. Oversee and Maintain Ripple (fka GTreasury) TMS.With the Treasurer, leads the management of the Obligated Group's indebtedness program. The program is -$750M debt and leases and expands across the System and subsidiaries.
• Works with the Treasurer in assessing future debt capacity, capital structure (fixed/variable), asset/liability structure, and timing of new debt.
• Leads the new debt issuance and refinancing and works with Legal, board members, rating agencies, underwriters, government conduits and senior management to execute debt plan.
• Meets regularly with existing banking and new potential partners to maintain best-in-class investor relations.
• Assesses debt needs of the System and coordinates all debt plans and capacity.
• Works closely with Corporate Finance and any future partners on bondholder/bank disclosure, investor roadshows, leasing needs and assessment, and future plans for taxable/tax-exempt debt.
• Leads all debt-related issues/capacity/analysis for the System and any future partners.
• Supports the annual and ad hoc rating Agency review process with other internal stakeholders.

Rush is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.