Director Treasurer - ProHealth Care

ProHealth Care•Waukesha, WI

About The Position

ProHealth Care is a nationally recognized, integrated health system serving communities across southeastern Wisconsin. With a strong financial foundation and a commitment to long-term sustainability, ProHealth Care is investing in modernizing its treasury operations to support growth, resilience, and patient care excellence. This is a unique opportunity to build and lead a centralized treasury function at a complex healthcare organization—operating with autonomy, influence, and visibility while partnering closely with executive leadership.

Requirements

Bachelor’s degree in Finance, Accounting, Business, or a related field required
10–15 years of progressive experience in treasury, capital markets, healthcare finance, banking, or investment-related roles
Demonstrated experience with tax-exempt and taxable debt structures, banking relationships, and capital markets activities
Proven ability to build or centralize treasury functions, modernize processes, and deliver measurable financial value
Strong financial modeling and analytical skills with experience evaluating complex financing and liquidity scenarios
Experience operating in lean or highly leveraged treasury environments; department-of-one experience is a plus
Strong executive presence with the ability to communicate effectively with senior leaders, Boards, and external stakeholders
Proficiency with ERP systems (Infor CloudSuite preferred) and strong comfort with treasury and banking platforms
High degree of initiative, judgment, and accountability, with the ability to manage priorities independently

Nice To Haves

Master’s degree (MBA) preferred but not required
Professional certifications such as CTP, CFA, or CPA strongly preferred

Responsibilities

Establish and lead a centralized treasury function aligned with ProHealth Care’s long-term financial strategy and credit profile.
Serve as the organization’s treasury expert, advising the CFO and senior leadership on liquidity, capital, debt, and treasury-related risk.
Develop and maintain treasury policies, procedures, and governance frameworks that strengthen internal controls and operational resiliency.
Lead treasury risk management efforts, including fraud risk, bank exposure, payment controls, and mitigation of key-person dependencies.
Evaluate interest rate and market risk exposures and recommend derivative strategies aligned with liquidity, debt, and credit objectives.
Oversee daily cash positioning and develop short- and long-term cash forecasts to support operations, capital planning, stress testing, and rating agency discussions.
Lead automation and modernization of cash tracking and forecasting processes.
Partner with Accounting, Revenue Cycle, and Accounts Payable to optimize cash application, payment terms, and working capital outcomes.
Support merchant services oversight, patient refund modernization, and reduction of check volume and fraud exposure.
Oversee administration of the system’s debt portfolio, including payment tracking, continuing disclosure compliance, trustee reporting, and restricted funds monitoring.
Support capital planning, debt issuance, refinancing, and credit facility strategies in partnership with the CFO and external advisors.
Oversee interest rate swap and derivative portfolios, including strategy, valuation review, collateral and margining requirements, and compliance.
Coordinate rating agency engagement, including preparation of materials and ongoing surveillance support.
Manage liquidity facilities, lines of credit, covenant tracking, lender reporting, and related guarantees.
Prepare financial models evaluating capital structure, debt capacity, and interest rate exposure.
Monitor market conditions and regulatory developments impacting healthcare financing.
Manage relationships with banks, lenders, trustees, rating agencies, and treasury service providers.
Support month-end close activities related to treasury, debt, and investments in partnership with Accounting, including audit support.
Develop and execute a treasury technology roadmap, including bank connectivity, automation, and evaluation of treasury management systems.
Centralize governance and performance management of treasury-related vendors to improve efficiency and oversight.
Ensure treasury reporting and processes are audit-ready and scalable.
Prepare and present treasury analyses and recommendations to the CFO and senior leadership.
Support Board and Finance & Investment Committee materials related to liquidity, debt, and capital markets.
Provide clear, data-driven insights to support strategic and financial decision-making.