Director of Treasury
About The Position
Network Health is seeking a Director of Treasury to lead the organization’s treasury function, including cash management, banking relationships, liquidity management, investment oversight, and treasury operations. The role provides leadership and oversight for treasury processes and internal controls, supports cash forecasting, serves as the primary relationship manager for banking partners and investment advisors, and oversees compliance with the organization’s investment policies. The Director partners with the VP of Finance on treasury initiatives, process improvements, and projects that support organizational growth and scalability. Candidates must reside in Wisconsin. The position is eligible to work on-site at the corporate office in Menasha. The schedule is 1.0 FTE, 40 hours per week, Monday through Friday, 8 a.m. to 5 p.m. Network Health notes that employees can be paid to volunteer in their local neighborhoods.
Requirements
- Bachelor’s degree in Accounting or Finance.
- Seven or more years of accounting experience.
- Strong knowledge of treasury operations, banking services, and cash management practices.
- Strong understanding of accounts payable, accounts receivable, and payment processing operations.
- Knowledge of investment oversight, including coordination with external investment advisors, monitoring policy compliance, and investment reporting.
- Ability to design, implement, and monitor effective treasury controls and processes.
- Strong analytical and problem-solving skills, including the ability to identify operational risks and opportunities.
- Strong leadership, communication, and relationship management skills.
- Ability to effectively communicate treasury, investment, and cash flow information to executive leadership.
- Must reside in Wisconsin.
Nice To Haves
- Insurance industry experience.
Responsibilities
- Oversee treasury operations, including cash management, accounts payable, accounts receivable, cash disbursements, and claims funding.
- Evaluate and improve accounts payable and accounts receivable processes, including automation opportunities, workflow enhancements, and control improvements.
- Maintain and strengthen internal controls related to treasury operations and cash management, ensuring treasury account reconciliations and related control activities are completed accurately and on time.
- Oversee treasury process documentation and business continuity procedures.
- Lead treasury process improvement and automation initiatives to increase efficiency, scalability, controls, and service levels.
- Partner with business areas to improve payment, billing, collection, and cash management processes.
- Serve as the primary relationship manager for banking institutions, investment advisors, custodians, and other treasury partners.
- Monitor compliance with the Investment Policy Statement and review investment performance with external advisors.
- Coordinate investment transactions, cash transfers, and related treasury activities with external advisors and custodians.
- Prepare investment and treasury reporting for executive leadership, management committees, and the Board.
- Evaluate banking products and treasury services to support effective and cost-efficient treasury operations.
- Develop and monitor short- and long-term cash forecasts.
- Monitor organizational liquidity and recommend strategies to ensure sufficient funding for operational and strategic needs.
- Analyze cash flow trends and communicate risks and opportunities to Finance leadership.
- Support annual planning, forecasting, and strategic initiatives through treasury, liquidity, and cash flow analysis.
- Evaluate cash flow needs and recommend cash management and liquidity strategies to support operational and strategic needs.
Benefits
- Paid time to volunteer in the employee’s local neighborhood.
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What This Job Offers
Job Type
Full-time
Career Level
Director
