Senior Treasury Operations Manager (Relocation Assistance Available)

Front Door Defense; Silver Spring (MD); Hybrid; USD 133,000 - 180,000; Full time

Benefits offered by this job

Relocation assistance

Incentive programs

Comprehensive benefits

Job summary

United Therapeutics is seeking a Senior Treasury Operations Manager to oversee global treasury activities, optimize liquidity, and drive investment strategy. This hybrid role located in Silver Spring, MD requires extensive treasury, accounting, and quantitative finance expertise, with relocation assistance available for non-local candidates.

You will lead cash forecasting, risk management, and reporting, partnering with FP&A, Tax, Accounting, and external partners.

Qualifications

• Bachelor's degree in accounting or finance; 10+ years in corporate treasury, finance, or accounting.
• Master's degree preferred with 8+ years of relevant experience.
• 5+ years building quantitative financial models and strong Excel modeling skills.
• Experience in financial risk management frameworks including interest rate, liquidity, and counterparty risk.

Responsibilities

• Oversee global cash positioning, forecasting, and liquidity planning for the company and subsidiaries.
• Serve as secondary approver for disbursements, including foreign currency payments.
• Monitor short-term investment strategies and develop recommendations for policy enhancements.
• Prepare monthly/quarterly investment and liquidity reports and SOC-1/audit support.
• Support GAAP/SEC reporting with fair value assessments and footnote support.

Skills

Advanced Excel modeling

Financial risk management

Quantitative finance

SOX compliance

Excellent communication

Treasury analytics

Education

Bachelor's degree in accounting or finance

Master's degree preferred

Tools

Kyriba

FIS Integrity

SAP

Power BI

Tableau

SQL

Python

Clearwater Analytics

Job description

Senior Treasury Operations Manager (Relocation Assistance Available)

Oversee global treasury operations and optimize liquidity and investment strategy for the company.

Location: Silver Spring, Maryland

Compensation: $133,000 - 180,000 USD / year

About The Role

Senior Treasury Operations Manager

United Therapeutics seeks to travel down the corridors of indifference to develop treatments for rare, deadly diseases. We were founded in 1996 by a family seeking a cure for their daughter's pulmonary arterial hypertension (PAH). Today, we have six FDA-approved therapies that treat PAH, pulmonary hypertension associated with interstitial lung disease (PH-ILD) and neuroblastoma, a rare pediatric cancer. Our near-term pipeline seeks to develop additional therapies for PAH and pulmonary fibrosis (PF). The cure for end-stage life-threatening diseases like PAH, PH-ILD, PF, and many others is an organ transplant, but only a small percentage of donated organs are available to address the vast need. For this reason, we are working to create manufactured organs to address the shortage of kidneys, hearts, lungs, and livers available for transplant.

The Senior Treasury Operations Manager serves as a subject-matter expert and strategic resource within the Treasury function. This role combines deep hands-on ownership of treasury operations with high-impact analytical and modeling responsibilities — including investment portfolio analytics, financial risk management, working capital analytics and treasury performance reporting. The Senior Treasury Operations Manager brings wide-ranging expertise in treasury, accounting, and quantitative finance, working independently to resolve complex, non-precedented problems with minimal supervision. This role serves as the 'go-to' expert within the Treasury function, influences strategy, and leads initiatives that advance Treasury from a primarily operational function to a strategic finance partner. The role requires an exceptional ability to build, own, and continuously improve quantitative models, interpret complex data sets, and communicate actionable insights to senior leadership.

Responsibilities include overseeing global cash positioning, forecasting, and liquidity planning across the Company and all domestic and international subsidiaries, supporting operational continuity, accuracy, and control integrity. Serve as secondary approver for disbursements, including foreign currency payments, and support the bi-monthly disbursement process through preparation of cash position reports, SAP payment summaries, expenditure analysis, and related memoranda. Support treasury operations as needed including cash settlements, bank account administration for domestic and international accounts, signatory maintenance, FBAR reporting, and treasury system administration activities to ensure data integrity across integrated platforms. Monitor short-term investment strategies across external managers and deposit accounts with a focus on principal protection, liquidity, and yield within established investment policy guidelines. Perform quantitative analysis of portfolio yield, duration, credit quality, and counterparty exposure, and develop recommendations for repositioning and for investment policy enhancements within approved parameters. Prepare and maintain monthly and quarterly investment control reports, including NAV validation, fair market value reconciliation to Refinitiv or FACTSET, impairment assessments, and 1940 Act compliance calculations. Maintain short- and long-term cash flow forecasts incorporating inputs from FP&A, Tax, Accounting, and AP, and perform variance analysis comparing forecasted results to actual outcomes for distribution to senior leadership. Partner with FP&A and Accounting to support fair value assessment, classification, and disclosure of investments for GAAP and SEC reporting including 10-Q and 10-K tie-outs and footnote support. Ensure strong internal controls aligned with SOX requirements; coordinate SOC 1 report reviews, segregation of duties assessments, and internal and external audit support. Coordinate quarterly debt compliance certification activities, share-based program support, and monitoring of revolving credit facility covenant calculations. Support financial risk management activities related to interest rate sensitivity, counterparty/credit risk exposure, and liquidity risk through data analysis, monitoring, and reporting to senior leadership. Develop and maintain liquidity stress-testing models and contingency funding plans, including defined escalation protocols and liquidity backstops; deliver scenario analyses to inform investment policy updates, debt structure decisions, and capital return programs. Provide technical guidance and day-to-day support to Treasury team members and assist with responses to external auditor and audit-related requests. Collaborate closely with Accounting, FP&A, Tax, Legal, and AP teams and support relationships with banking partners, investment managers, and auditors to ensure timely execution of treasury activities. Perform other special projects and duties as assigned.

Minimum Requirements include a Bachelor's Degree in accounting or finance and 10+ years of relevant and progressive experience in corporate treasury, finance, and/or accounting, including direct ownership of investment management, financial risk management, or treasury analytics functions. With a Master's Degree, 8+ years of relevant and progressive experience is required. Additional requirements include 5+ years of experience building quantitative financial models, advanced quantitative and analytical skills, strong technical knowledge of cash management, short-term investment instruments, and expertise in U.S. GAAP as applied to treasury instruments including investments, debt, derivatives, and hedging. Experience designing and operating financial risk management frameworks covering interest rate, counterparty/credit, FX, and liquidity risk is also required. Demonstrated ability to independently identify strategic gaps, develop analytical frameworks, build cross-functional consensus, and drive implementation is necessary. Proven ability to build liquidity stress testing models, scenario analyses, and sensitivity frameworks with minimal supervision is required. Experience designing treasury KPI dashboards and management reporting packages for CFO-level audiences is also necessary. Advanced Excel financial modeling skills are required. Hands-on experience with a treasury management system (e.g., Kyriba, FIS Integrity, or similar) is necessary. Precision-focused with high attention to detail in cash flows, reporting, and compliance is required. Systems and automation mindset with the ability to provide continuous improvement through technology and process efficiency is necessary. High ethical standards and sound professional judgment in a controlled, SOX-compliant environment are required. Collaborative mindset with experience building effective relationships across Finance, Accounting, FP&A, AP, Legal, Tax, and external banking and investment partners is necessary. Exceptional written and oral communication skills with the ability to present complex quantitative findings clearly to non-technical audiences are required.

Preferred Qualifications include a Master's Degree in accounting or finance, 5+ years of experience in a publicly traded pharmaceutical, biotechnology, or life sciences company with significant excess cash and investment portfolio management responsibilities, 1+ years of prior experience providing supervisory oversight or mentoring to others, Certified Treasury Professional (CTP)-AFP Certified Public Accountant (CPA) Certified Financial Analyst, experience with SEC treasury disclosures including 10-Q/K cash, investment, and debt footnotes, strong knowledge of SOX compliance, internal control design, and audit requirements in a large publicly traded company, experience with Power BI, Tableau, SQL, or Python, prior experience in international treasury matters including FBAR, multi-currency cash management, and cross-border payments, deep working knowledge of SAP or comparable ERP system in a treasury context; experience with Clearwater Analytics or similar investment reporting platforms.

This hybrid role is located in Silver Spring, MD and requires reporting to the office at least three days a week. In office requirements could increase based on business needs. Relocation assistance may be available for non-local candidates. The salary for this position ranges from $133,000 to $180,000 per year. In addition, this role is eligible for the Company's short-term and long-term incentive programs. Eligible employees may participate in the Company's comprehensive benefits suite of programs, including medical / dental / vision / prescription coverage, employee wellness resources, savings plans (401k and ESPP), paid time off & paid parental leave benefits, disability benefits, and more.