Director of Treasury Services

HCF Management, Inc.; Lima (OH); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Promotion opportunities

Flexibility

Education/Learning

Competitive benefits

Job summary

HCF Management, Inc. is seeking a Director of Treasury Services in Lima, OH. This role leads daily cash management, bank relations, and forecasting to ensure timely payment of obligations and optimal liquidity.

You will develop and manage cash flow reporting, collaborate with project managers and sales, and drive improvements in treasury processes while maintaining compliance with policies and regulatory standards.

Qualifications

• Bachelor's degree or higher in Finance or Accounting.
• 5-8 years of experience in Finance or Accounting with a strong Treasury background.
• Proven leadership and cash management expertise.

Responsibilities

• Directs cash management operations including daily cash administration, current accounts, and bank relations.
• Reviews and improves cash management processes to meet obligations per policy and procedures.
• Prepares cash flow forecasts and variances; generates reports for stakeholders.
• Manages cash application and disbursements reconciliation in a timely manner.
• Monitors bank accounts and oversees wire transfers and postings.
• Collaborates with project managers and sales to forecast cash flows for the next two years.
• Ensures compliance with internal controls and regulatory requirements.
• Performs additional duties as assigned.

Skills

Treasury management

Cash flow forecasting

Financial reporting

Bank relations

Education

Bachelor's degree in Finance or Accounting

Job description

Introduction

As the healthcare industry continues to experience rapid growth, we remain dedicatedto the basic fundamentals of agood employer. We offer many opportunities forgrowth, advancement, andon-the-job training. You wantthe best for your family, and we wantthe best for our family of employees. Enjoy arewarding careerfilled with opportunities, recognition, challenges, security, and professional support.Join our helpful, caring, friendly team today!

Overview

Director - Treasury Services is responsible for all aspects of the cash management function, including the development and management of systems for the effective collection of revenues and payment of obligations. Responsible for providing leadership and direction to ensure designated cash processing, reconciliation and reporting functions are completed in a timely manner while in compliance with policy and regulations.

Benefits

• Promotion opportunities
• Flexibility
• Education/Learning
• Competitive benefit package

Responsibilities

• Directs cash management operations to include daily cash administration, management of current accounts and bank relations.
• Reviews and drives improvements in cash management, ensuring financial obligations are met in accordance with Company policies and procedures.
• Completes all cash management set-up documentation for new and existing department processes; prepares correspondence and proposals directed to and for cash management.
• Timely reconciles cash application and disbursements.
• Monitors cash transactions to ensure that bank account balances to the report and any unusual items are investigated.
• Forecasts, monitors and tracks cash flow (weekly, monthly, quarterly etc.).
• Prepares cash flow reports, and identifies and evaluates variances.
• Works with Project Managers, Project Controllers and Sales Department to accurately forecast timing and amount of future cash flows over the next two years.
• Receives incoming wire transfers and processes outgoing wire transfers. Posts wires.
• Assists with project assignments and financial reporting.
• All other duties as assigned

Requirements

Bachelor s Degree or higher level in Finance or Accounting; 5-8 years experience in Finance or Accounting with a strong background in Treasury.