Director, Treasury Operations

Ventas Inc; Louisville (KY); Hybrid; USD 180,000 - 235,000; Full time

Benefits offered by this job

Discretionary incentive compensation

Comprehensive benefits package (health

Retirement savings plan

Paid time off

Job summary

Ventas Inc. is seeking a Director of Treasury Operations to lead cash protection, liquidity optimization and risk management for a multi-billion-dollar portfolio.

This role partners with banks and internal stakeholders to safeguard cash, structure accounts, and steer forecasting for daily operations and growth. The ideal candidate has 10+ years in treasury, experience with debt facilities and FX exposures, and a track record of building high-performing teams in complex environments.

Qualifications

• 10+ years of progressive treasury experience in a complex public company or REIT environment.
• Must be located in the Chicago, IL or Louisville, KY surrounding area or willing to relocate for duration of employment
• Experience with debt capital markets, credit facilities and foreign currency exposures
• Experience leading and developing a high-performing treasury team
• Experience supporting treasury operations for acquisitions, dispositions, JVs or other complex transactions
• Advanced Excel and financial modeling skills
• Legally authorized to work in the United States without employer sponsorship

Responsibilities

• Lead treasury operations as a trusted partner enabling the business and protecting cash
• Enhance and maintain the bank account structure with controls over access, payments and fraud prevention
• Partner with third-party operators to support banking and treasury operations while maintaining oversight
• Manage acquisitions, dispositions, operator changes and other portfolio transitions
• Direct cash forecasting and liquidity management to support day-to-day and investment needs
• Oversee cash position management for operating, investing and financing activities
• Optimize short-term investments balancing safety, liquidity and return
• Provide reliable cash forecasts to leadership for decision-making
• Mitigate foreign currency risk and manage related accounting concepts
• Oversee treasury reporting and accounting for timely, accurate information
• Collaborate with Accounting and Audit to ensure correct Treasury entries and close processes
• Lead month-end and quarterly close processes in Treasury
• Foster talent development and continuous improvement within the Treasury team
• Attract and retain high-caliber treasury professionals
• Leverage technology and data to simplify processes and strengthen controls

Skills

Advanced Excel

Financial modeling

Liquidity management

Debt administration

Financial risk management

Education

Bachelor’s degree in Finance, Accounting, Economics or related field

MBA, CPA or CFA certification

Tools

Treasury management systems

Banking platforms

Reporting tools

Job description

Job Description: Ventas is a leading S&P 500 company enabling exceptional environments that benefit a large and growing aging population. With an enterprise value exceeding $50 billion and a portfolio of more than 1,400 properties across North America and the United Kingdom, Ventas is a preeminent participant in the longevity economy. Its largest business is private-pay senior housing, which includes over 850 communities providing valuable care and services to more than 90,000 residents. The Ventas portfolio also includes outpatient medical buildings, research centers and healthcare facilities that attract strong institutional demand from the largest health systems, biomedical companies and universities and other research institutions in the world. Backed by strong financial performance and a collaborative culture, Ventas has the capital, capabilities and relationships to deliver superior value. The experienced Ventas team shares a commitment to each other and to the company's mission of helping people live longer, healthier, happier lives. As part of the Capital Markets & Treasury team, the Treasury team partners across Finance, Investments, Asset Management, Accounting, Tax and Legal in managing enterprise liquidity and ensuring treasury operations support the needs of the enterprise.

The Director, Treasury Operations, reporting to the SVP, Capital Markets & Treasury, is a high-impact leadership role responsible for protecting and optimizing the company's cash and liquidity and leading treasury operations. In this role, the Director will partner with third-party operators, banks and internal stakeholders to oversee bank account structure, payment controls and fraud prevention. The Director also directs cash and financial risk management and manages Treasury reporting and accounting. The Director leads a high-performing team and champions business transformation to scale the team's capabilities in support of the company's growth.

Key responsibilities include:

• Lead treasury operations as a trusted partner enabling the business, protecting company cash and supporting real estate portfolio growth
• Enhance and maintain the bank account structure and safeguard company cash across the portfolio through controls over bank account access, payments and fraud prevention
• Partner with third-party operators to support their banking and treasury operations needs while maintaining appropriate oversight and controls over company cash
• Manage activities related to acquisitions, dispositions, operator changes and other portfolio transitions
• Direct cash and risk management activities to ensure cash positioning and liquidity to support the company's day-to-day operations, investment activity and other commitments
• Manage the company's daily and future cash position to meet operating, investing and financing needs
• Optimize corporate cash and short-term investments, balancing safety, liquidity and return within approved investment guidelines
• Provide Treasury and senior management with a reliable cash forecast to drive informed decision-making
• Mitigate foreign currency risk by identifying, measuring and managing the company's exposures
• Oversee Treasury reporting and accounting to deliver timely, reliable and accurate information
• Produce reporting for leadership and key stakeholders on cash, debt and other Treasury activities.
• Collaborate with Accounting and Audit to ensure Treasury transactions are recorded correctly and reflected accurately in the company's financial results
• Manage and review Treasury's month-end and quarterly close process
• Lead a high-performing Treasury team, develop talent and foster a culture of continuous improvement that helps the function scale
• Lead a highly effective treasury team with clear priorities, strong accountability and disciplined execution
• Attract, develop and retain high-caliber talent to strengthen individual capabilities and organizational depth
• Foster a culture of continuous improvement that challenges existing practices, leverages technology and data, and empowers the team to simplify processes, strengthen controls and deliver better business outcomes.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics or a related field CTP preferred; MBA, CPA or CFA is a plus 10+ years of progressive experience in treasury or a related field, ideally within a complex public company, real estate or REIT environment
• Must be located in the Chicago, IL or Louisville, KY surrounding area or willing to relocate for the duration of employment
• Willingness to adapt and thrive in a blended work environment with 3-days in office, seamlessly transitioning between remote work and in-office operations
• Demonstrated expertise in treasury operations, liquidity management, cash forecasting, debt administration, covenant compliance, banking and financial risk management
• Experience with debt capital markets, credit facilities, interest rate derivatives, foreign currency exposures and related accounting concepts
• Experience supporting treasury operations for acquisitions, dispositions, joint ventures or other complex transactions
• Proven experience leading and developing a high-performing team
• Experience leveraging treasury management systems, bank platforms and reporting tools
• Advanced Excel and financial modeling skills
• Must be legally authorized to work in the United States without need for employer sponsorship now or in the future

The estimated base salary range for this position is $180,000 - $235,000 per year.

This range reflects a good-faith estimate of the base salary Ventas reasonably expects to pay at the time of posting. Actual base pay will be determined based on work location, skills, qualifications, relevant experience, and business needs.

In addition to base salary, this role is eligible for discretionary incentive compensation and a comprehensive benefits package, which includes medical, dental, vision, retirement savings, paid time off, and other wellness benefits under applicable plan terms.

Ventas, Inc. (NYSE: VTR) an S&P 500 company, operates at the intersection of two powerful and dynamic industries - healthcare and real estate. As one of the world's foremost Real Estate Investment Trusts (REIT), we use the power of capital to unlock the value of real estate by partnering with leading care providers, developers, research and medical institutions, innovators and healthcare organizations whose success is buoyed by the strong demographic trends of an aging population and increased life expectancy. Led by our Chairman and CEO, Debra A. Cafaro, who is recognized as one of the best-performing CEOs in the world by Harvard Business Review, Ventas has followed a successful strategy that endures: owning a high quality diversified portfolio and partnering with industry leaders combined with a collaborative, dynamic and experienced team focused on producing consistent growing cash flows and superior returns on a strong balance sheet, ultimately rewarding Ventas stockholders with extraordinary outperformance. That's not just excellence. That's Excellence. Sustained.