FPI Corporate Director of Treasury- Finance, Hybrid Opportunity

University of Maryland Faculty Physicians Incorporated; Baltimore (MD); On-site; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a Director of Treasury to lead cash management and financial risk functions. This pivotal role involves collaborating with the CFO to enhance treasury operations, ensuring compliance with regulations, and optimizing cash flow. The ideal candidate will bring over 8 years of experience in finance and treasury operations, demonstrating a robust understanding of financial risk management and liquidity planning. Join a forward-thinking organization where your expertise will drive financial strategies and support growth initiatives, making a significant impact on the company's financial health and operational efficiency.

Qualifications

• 8+ years of experience in finance and treasury operations.
• Strong knowledge of cash management and financial risk strategies.

Responsibilities

• Develop and implement treasury management strategies to optimize cash flow.
• Ensure compliance with regulatory requirements and manage debt portfolio.

Skills

Cash Management

Financial Risk Management

Liquidity Planning

Regulatory Compliance

Financial Analysis

Education

Bachelor's degree in Finance, Accounting or related field

Advanced degree (MBA, CPA, etc)

Job description

The Director of Treasury will be responsible for assisting the CFO with the organization’s cash management and financial risk management functions. This role will manage all aspects of treasury management and operations, including tracking and optimizing cash flow, liquidity planning, identifying and mitigating financial risk, and ensuring compliance with regulatory requirements. The successful candidate will work closely with the CFO to support the company’s financial objectives and growth plans.

EDUCATION and/or EXPERIENCE

• Bachelor's degree in Finance, Accounting or related field from a four-year college or university
• Advanced degree (MBA, CPA, etc) preferred
• Minimum of 8 years finance, treasury operations and/or related experience or an equivalent combination of relevant education and/or experience

RESPONSIBILITIES

• Works closely with the CFO to construct and advance an integrated treasury management strategy with proper planning and specific criteria designed to maintain sufficient cash reserves, proactively identify, monitor and mitigate financial risks, and maximize organizational value, expanding the organization’s ability to invest in growth and capitalize on market opportunities.
• Works closely with the Finance, Billing, and other teams to understand cash flow timing and fluctuations in support of a successful integrated treasury management strategy, recommending changes to strategy as appropriate.
• Develops and implements policies and procedures, including policies related to management of cash, debt, investments, capital structure and insurance. Actively monitors compliance with business, tax, and regulatory requirements related to the treasury function.
• Assists the CFO with negotiation of banking or debt instruments, managing debt issuance, ensuring compliance with debt covenants, etc.
• Manages FPI’s debt portfolio including all taxable and tax-exempt bonds and commercial paper programs including any new issuances, refunding, or program enhancements.
• Ensure internal controls and processes related to the treasury function are robust, mitigating the risk of error or fraud. Enhances treasury operations and drives innovation in cash management and financial analysis through multiple approaches, especially leveraging technology.
• Supports the cash and risk management needs for new and existing business projects/ventures, new legal entities, etc. Effectively assesses the cost of capital for projects/ventures, recommending the best option that aligns with the overall organizational strategy.
• Manages and fosters both internal and external working relationships, including department finance leaders and staff, banks, brokers, and bond trustees.
• Delivers treasury management reporting inclusive of cash flow analysis, market trends and KPIs that are aligned with FPI’s strategic goals.