Treasury Services Manager

Overview

Our client is an award-winning healthcare system and one of the largest employers in the region. They have a direct hire opportunity for a Treasury Services Manager to join their team in Columbia, MD.  In this role, you will be 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, generally through an established network of internal and external corporate banking relationships. This role offers a Hybrid schedule once you’re established.

They offer an excellent base salary and comprehensive benefits package including health insurance, retirement plan, paid leave and much more. Our client supports your professional development and personal advancement through a variety of on-site courses, certification programs, and tuition reimbursement.

Responsibilities

• Oversee all banking account activities, including the opening and closing of accounts
• Process and maintain all banking account information including signature cards, resolutions and agreements, ensuring compliance with corporate policy and procedures.
• Negotiate, implement and administer a wide variety of banking-related services and bank products, including depository accounts, controlled disbursement account, lockbox, wire transfer, direct deposit, and other traditional banking services required by the corporation.
• Manage all corporate cash management banking relationships.
• Benchmark banking services on a periodic and routine basis, including quality of service, the satisfaction of end-users, and pricing relative to industry levels.
• Manage the daily cash position to ensure operational needs are funded while maximizing cash available for short-term investment
• Provide accurate and timely information on cash flow, receipts and disbursements to the various internal constituencies that require banking information
• Project cash needs and balances periodically and annually to ensure sufficient liquidity, and to allow for the maximization of investment income and minimization of interest expense. Provides appropriate analysis of cash variances to forecasted amounts.
• Manage the corporate credit card program, including the establishment of new accounts, monitoring of activity, and development of enhancements to the existing program

Qualifications

• Bachelor's degree in finance or related degree required and Masters of Business Administration preferred
• 5 years of experience, either in a corporate or tax-exempt cash management position, or similar experience with a commercial bank within HealthCare is required
• Familiarity with bank cash management systems
• Intermediate to Advanced Excel Skills 
• Certified Cash Manager (CCM)or Certified Treasury Professional (CTP) designations preferred
• Demonstrated In-depth knowledge of financial statements and financial statement analysis, including an ability to analyze cash flow and the impact on the financial statements.
• Working knowledge of Electronic Data Interchange and its impact on the payment mechanism, including knowledge of ACH and other EDI-related formats and standards.
• Thorough understanding of banking and cash management through education and hands-on experience.
• Proven ability to communicate and negotiate with a variety of internal and external people

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