Director of Treasury

Solis Mammography•Addison, TX

1d•Remote

About The Position

The Director of Treasury is a high-impact, hands-on finance leadership role responsible for all treasury operations, liquidity management, debt compliance, and lender relations for Solis Mammography. This individual will serve as the primary owner of the company's credit facility obligations and will work closely with the CFO, FP&A, and PE sponsor to ensure the organization maintains a strong financial position through disciplined cash management and proactive lender stewardship. The ideal candidate brings deep private equity banking experience, a command of credit agreement mechanics, and the technical capability to build and maintain robust cash flow models that support both day-to-day operations and strategic decision-making. This is a critical hire for a company scaling aggressively through organic growth and M&A.

Requirements

Bachelor's degree in Finance, Accounting, Economics, or related field; MBA or CTP preferred.
8–12+ years of progressive treasury, corporate finance, or leveraged finance experience, with meaningful direct exposure to private equity-backed companies.
Direct experience managing syndicated credit facilities, including lender reporting, covenant tracking, and amendment processes.
Strong working knowledge of credit agreement structures (first lien, unitranche, revolver mechanics, SOFR-based pricing, etc.).
Proven ability to build and present complex, integrated cash flow models in Excel; comfort with large, multi-entity data sets.
Experience partnering with PE sponsors, legal counsel, investment banks, and agent banks in a high-accountability environment.
High degree of accuracy, ownership, and executive presence — this role presents directly to CFO, board, and lenders.

Nice To Haves

Prior experience in healthcare services, multi-site operations, or other PE-backed platform businesses.
Familiarity with Adaptive Planning, NetSuite, Kyriba, or comparable ERP/treasury management systems.
Experience supporting a leveraged buyout, recapitalization, or acquisition integration.
Understanding of revenue cycle dynamics and their impact on working capital and cash conversion.

Responsibilities

Own daily cash positioning across all legal entities and operating accounts, ensuring liquidity is optimized across the network of imaging centers.
Manage intercompany cash sweeps, controlled disbursement accounts, and lockbox structures.
Develop and maintain a rolling 13-week and 12-month cash flow forecast, integrating inputs from FP&A, Accounts Payable, Payroll, Revenue Cycle and Capital/Development.
Establish and enforce treasury policies, including concentration account structures, bank account governance, and investment of excess cash.
Serve as primary point of contact for the company's agent bank and lender group, managing all aspects of the existing credit facility (term loan and revolving credit facility).
Own preparation and timely delivery of all lender reporting packages, including compliance certificates, financial covenant calculations, and borrowing base certificates.
Monitor covenant compliance on an ongoing basis and provide proactive alerts and analysis to VP FP&A and business ahead of any potential pressure points.
Coordinate lender amendments, waivers, and consent requests in partnership with legal counsel and the PE sponsor.
Support refinancing and new debt transactions, including due diligence facilitation, data room preparation, and lender presentations.
Maintain deep working knowledge of the company's credit agreement, including definitions, representations, covenants, and events of default.
Interpret credit agreement provisions in the context of operational and strategic changes (e.g., acquisitions, de novos, entity restructurings).
Partner with legal and accounting to ensure accurate classification of restricted payments, permitted investments, and basket utilization.
Track and manage all reporting deadlines, cure periods, and notice requirements.
Build and maintain detailed, integrated cash flow models that link P&L projections, working capital movements, capex, debt service, and distributions.
Provide scenario and sensitivity analysis to the VP FP&A and PE sponsor on liquidity, leverage, and covenant headroom under various operating conditions.
Support FP&A in the annual budgeting process with treasury-specific inputs including interest expense, amortization, commitment fees, and cash flow timing.
Contribute treasury perspectives to board-level reporting packages and executive presentations.
Collaborate with the PE sponsor's portfolio operations and finance teams on treasury-related workstreams, including dividend recapitalizations, add-on financing, and exit preparation.
Provide quarterly and ad hoc reporting to the sponsor, including cash bridge analyses, liquidity summaries, and covenant compliance updates.
Support M&A integration activities, including bank account consolidation, intercompany elimination, and pro forma cash modeling for acquired entities.
Manage banking relationships across the company's primary depository, credit, and card program banks.