Director Treasury

Children's National Hospital • Pittsburgh, PA

4d • $137,550 - $229,258 • Onsite

About The Position

Our Finance and Treasury team plays a critical role in sustaining that mission by ensuring the organization’s financial strength, stability, and long-term growth. We are responsible for safeguarding the institution’s financial assets, optimizing liquidity, and driving strategic financial decision-making that supports both daily operations and future investments. About the Role: The Director of Treasury will report to the Vice President of Finance. The Director will provide leadership and coordination corporate treasury and related program activities of Children's National Hospital. The Director will implement institutional policy and procedures as it relates to corporate treasury to ensure a strong system of internal controls within corporate treasury.

Requirements

• Bachelor's Degree Accounting, Finance or Business Administration (Required)
• 12 years Experience in a financial management position, preferably within health related industry. (Required)
• 10 years In a management capacity. (Required)
• Expert knowledge of best practice controls within corporate treasury.
• Knowledge of applicable laws and regulations.
• Knowledge of financial analysis techniques and expert analytical skills.
• Ability to manage data and financial systems; consultative skills.
• Knowledge of, and experience in managing corporate treasury operations.
• Professional written and verbal communication and interpersonal skills.
• Ability to motivate teams to produce quality. materials within tight timeframes and simultaneously manage several projects.
• Familiarity with PCs, networks, electronic correspondence.
• Proficiency with Microsoft Office.

Responsibilities

• Review and evolve treasury policies and procedures consistent with best practices.
• Periodic review of controls to safe harbor the institutions liquid assets.
• Leadership role over all aspects of Children’s National daily cash management, working capital line of credit and liquidity activities
• Manages and acts in leadership role over Children’s National operational investment activities
• Coordinate with all external investment managers to gather and manage the consolidation of investment performance reports
• Oversees liquidity management to ensure liquidity needs are met and excess cash is appropriately placed in yield earning instruments
• Oversight of treasury team’s daily cash management workflows
• Ability to initiate and negotiate various bank lending agreements
• Manage bond issuances along with executive management
• Manage bond proceed spend down on bond funded projects
• Arrange liquidity for bond principal and interest payments
• Arrange for payment of bond related invoices (trustee, underwriting, liquidity facility, escrow)
• Supervisory responsibility for cashiers and treasury analysts.

Benefits

• Comprehensive health coverage, including medical, prescription, infertility, and transgender health services.
• Generous paid time off, including vacation accrual from day one, sick leave, holidays, and a personal day.
• Financial wellness support, including a 401(k) plan and healthcare and dependent care spending accounts.
• Employer-paid life, AD&D, and long-term disability coverage, with optional supplemental plans.
• Additional perks, including tuition assistance, fitness resources, employee assistance, commuter benefits, and more.

What This Job Offers

• Job Type: Full-time
• Career Level: Director