Manager, Debt and Treasury

Hackensack Meridian Health•Iselin, NJ

1d•Hybrid

About The Position

The Manager, Debt and Treasury will oversee the debt portfolio and ensure compliance with debt covenants and Municipal Securities Rulemaking Board (MSRB) regulations; assist with all treasury functions for Hackensack Meridian Health (the 'Network' or HMH); maintain relationships with all treasury vendors, including investment advisors, custodians, managers, banks and other financial institutions. Will also plan, assign, and/or supervise the work of others. This is a Hybrid role - you will be required to go to office in Iselin the second Tuesday of each month. This is overseeing 2 people!

Requirements

Bachelor's degree in Business, Finance, Accounting or related field required.
Minimum of 5 or more years of demonstrated experience in Finance/Treasury.
Knowledge of spreadsheet programs (i.e., Excel, etc.).
Knowledge of generally accepted accounting principles (GAAP).
Demonstrates initiative and sense of urgency.
Disciplined approach to strategic initiatives, business projects and day-to-day activities
Ability to analyze and comprehend complex information, as well as convey complex materials to senior management.
Comfortable dealing with both complexity and ambiguity, with ability to explore multiple solutions to a problem.
Strong analytical, critical thinking and problem solving skills.
High degree of financial acumen (finance and economics).
Excellent interpersonal and communication skills (written, verbal and presentation).

Nice To Haves

Oracle PeopleSoft systems.
Master's in Business Administration (MBA).
Prior experience managing a Finance/Treasury team.
Certified Public Accountant or Certified Financial Analyst.

Responsibilities

Manage financial covenant requirements.
Manage ongoing municipal market disclosures to satisfy MSRB regulations.
Develop annual interest expense budgets.
Prepare IRS Form 990, Schedule K - Supplemental Information on Tax-Exempt Bonds.
Report financial/operational data to various banks and state agencies.
Maintain effective relationships with investment advisors and custodians for all investments of the Network.
Ensure all debt transactions and the allocation of interest expense, are accounted for properly on a monthly basis.
In conjunction with Director, ensure investment portfolios remain in line with investment policy targets. Suggest and make adjustments through recommendations to management, as necessary.
Partner with investment advisors, custodians, and managers, to execute transactions for the Network's balance sheet asset portfolios and its retirement plan portfolios.
Partner with Finance team to ensure that any excess cash on hand is appropriately invested in accordance with internal policies.
Safeguard all investments to ensure they are accounted for properly on a monthly basis.
Assist with organizing all internal reports for the investment committee and other meetings with investment advisors.
Assist with internal and external audit inquiries related to investments for the Network.
Oversees staff in reviewing and approving monthly journal entries for all across the Network.
Other duties and/or projects as assigned.
Adheres to HMH's competencies and standards of behavior.