Responsible for providing ongoing support to the centralized Cash Management Program (CMP) and the administration of the centralized debt program. The CMP activities include daily cash positioning, funding of bank accounts and short-term investments, and utilizing the Treasury Workstation. Over $12 billion is processed annually through the CMP. Provide administrative and technical support for the Treasury Workstation. Also responsible for supporting bank relationships, including the review of new banking products and technologies for applicability to Member Organizations or Trinity Health Corporate, and for monitoring internal treasury controls. The centralized debt program totals over $1.6 billion in bonds and includes short- and long-term debt. Responsible for supporting relationships with investment and commercial lending bankers. Provides support for other Treasury projects and personnel as needed.
ESSENTIAL FUNCTIONS
Knows, understands, incorporates, and demonstrates the mission, vision and values of Trinity Health in leadership behaviors, practices and decisions.
Provides support for the centralized Cash Management Program and the Treasury Workstation, including the maintenance and implementation of enhancements or new modules for the Treasury Workstation and integrated Excel spreadsheets.
Perform project review and oversee the completion of monthly cash and investment position reports. In collaboration with the Manager, Treasury Operations, perform daily review of cash position and transactions and release electronic funds transfers.
In collaboration with the Director, Treasury Services and the Manager, Treasury Operations, supports bank relationships, including analysis of bank fees, set-up of new accounts and services, maintenance of existing accounts, review of new banking products and technologies for applicability to member organizations or corporate.
Supporting Merchant banking requests for new merchant accounts, as well as facilitate new and replacement POS device orders.Provision web-based merchant card processing and reporting applications and perform quarterly audits of authorized users and access.Work with end-users and PCI liaisons on the shipping and tracking of devices including maintaining equipment inventory list.Coordinates member organization short-term borrowing requirements, including tracking member organization line-of-credit or pool note balances and authorization limits; monitor funds availability at banks; prepare monthly reports for management and accounting; and supervise overall maintenance and organization of borrowing support documentation.
Assists in the administration of the Trinity Health long-term debt program, including the monitoring and payment of required debt payments, the intercompany loan program, reporting to member organizations and the preparation of necessary documentation and amortization schedules.
Works with Corporate Accounting to review the intercompany loan program accounting, including periodic reviews of the bond and loan program accounting records, as needed.
Maintains existing or recommend new technologies, including web-based applications, which enable Treasury to automate and deliver analysis and reporting of information in a more efficient manner, including the Treasury Workstation and bank provided/based applications.
Analyzes and reviews periodic (monthly/quarterly) bank analysis fees, investment manager fees and custody fees, and process payments as appropriate. Coordinate allocation to member organizations with Manager, Treasury Operations.
Supports the preparation of monthly and quarterly treasury management reports, including economic analysis, investment program performance and analysis of Cash Management Program activity.
Assists with the preparation of fiscal year-end analysis and reports required for year-end financial reporting and audit. These include special year-end reports to the Member and Subsidiary Organizations reflecting cash, investment and debt positions, fair market values, etc.
Provides financial analysis assistance to Finance executives at member organizations for miscellaneous financial projects, including cash management/banking consulting, lease/buy analysis, etc.
Conducts special projects as assigned by the Trinity Health Vice President Treasury, CFO or other senior Finance executives.
Ensures confidentially of communication, information and documents as required.
Maintains a working knowledge of applicable Federal, State and local laws/regulations; the Trinity Health Integrity and Compliance Program and Code of Conduct; as well as other policies and procedures in order to ensure adherence in a manner that reflects honest, ethical and professional behavior.
MINIMUM QUALIFICATIONS
A broad based knowledge of accounting and cash management which is normally obtained through completion of a Bachelor’s Degree in accounting or finance and three to five years experience in accounting or finance, preferably in cash management or Treasury. Two years merchant card knowledge and experience are strongly preferred. A Masters degree in Business Administration is desirable and certification as a Certified Cash Manager is a plus.
Must have a thorough understanding of accounting and banking concepts and their application, as well as strong analytical skills. Strong computer skills in Excel, databases and electronic communications are essential, experience with Treasury Workstations highly desirable.
Strong interpersonal skills are required to effectively communicate with bankers, member organizations and staff. Understanding, tact, and sensitivity are necessary to deal with people in a work situation where change might not be readily accepted. Good communication skills, both written and verbal are essential.
The candidate must be able to make independent decisions, plan and work under pressure, often within tight timeframes.
PHYSICAL AND MENTAL REQUIREMENTS AND WORKING CONDITIONS
The incumbent must be able to adapt to frequently changing work priorities.
This position operates in an office environment. The area is well lit, temperature controlled and free from hazards and barriers.
Manual dexterity is needed in order to operate a keyboard, the copy machine and FAX.
The Treasury Analyst communicates frequently in person and over the phone and verbal and hearing skills are needed for extensive telephone and in person communication.
Filing of records and materials requires some lifting, reaching and kneeling. Overtime may be required to meet deadlines.
Our Commitment to Diversity and Inclusion
Trinity Health is one of the largest not-for-profit, Catholic healthcare systems in the nation. Built on the foundation of our Mission and Core Values, we integrate diversity, equity, and inclusion in all that we do. Our colleagues have different lived experiences, customs, abilities, and talents. Together, we become our best selves. A diverse and inclusive workforce provides the most accessible and equitable care for those we serve. Trinity Health is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by law.