Vice President, Treasury

Public Partnerships•New York City, NY

5d•$200,000 - $250,000•Hybrid

About The Position

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. Public Partnerships LLC supports individuals with disabilities or chronic illnesses and aging adults, to remain in their homes and communities and “self” direct their own long-term home care. Our role as the nation’s largest and most experienced Financial Management Service provider is to assist those eligible Medicaid recipients to choose and pay for their own support workers and services within their state-approved personalized budget. We are appointed by states and managed healthcare organizations to better serve more of their residents and members requiring long-term care and ensure the efficient use of taxpayer funded services. Our culture attracts and rewards people who are results-oriented and strive to exceed customer expectations. We desire motivated candidates who are excited to join our fast-paced, entrepreneurial environment, and who want to make a difference in helping transform the lives of the consumers we serve. (learn more at www.pplfirst.com ). Job Summary The Vice President, Treasury is responsible for leading the company’s treasury function with a strong focus on liquidity management, asset-based lending (ABL) structures, and healthcare-specific cash flow dynamics. This role will play a critical part in managing the organization’s transition to and ongoing operation under Full Cash Dominion, ensuring disciplined controls, accurate forecasting, and proactive risk management. The Vice President, Treasury will serve as a key strategic partner to executive leadership and will work closely with Revenue Cycle Management (RCM), Financial Planning & Analysis (FP&A), and Corporate Accounting to ensure tight alignment between operational cash generation, financial planning, bank reconciliations, and external financing requirements.

Requirements

Exceptional attention to detail and discipline in cash and liquidity management.
Strong analytical and problem-solving skills, particularly under tight liquidity conditions.
Credibility and effectiveness in lender-facing and executive-level communications.
Ability to operate both strategically and hands-on in a fast-paced environment.
High integrity, sound judgment, and strong ownership mindset.
10+ years of progressive treasury experience, with significant exposure to asset-based lending structures.
Demonstrated hands-on experience managing ABL facilities, borrowing bases, and lender reporting.
Direct experience operating in a Full Cash Dominion environment.
Strong healthcare industry background, with understanding of revenue cycle dynamics and reimbursement-driven cash flows.
Proven ability to manage liquidity in complex, highly regulated environments.
Experience partnering cross-functionally with RCM, FP&A, and Corporate Accounting.
Familiarity with Workday treasury solutions or comparable treasury management systems.

Nice To Haves

MBA or CFA preferred.

Responsibilities

Own daily, weekly, and long-range liquidity monitoring, forecasting, and reporting.
Ensure compliance with borrowing base mechanics, cash dominion requirements, and lender reporting obligations.
Proactively identify liquidity risks and develop mitigation strategies, including scenario analysis and contingency planning.
Establish and maintain robust cash forecasting processes that reflect healthcare reimbursement cycles and working capital volatility.
Lead ongoing management of the company’s ABL facility, including borrowing base calculations, collateral monitoring, and lender interactions.
Oversee operations under Full Cash Dominion, ensuring strict adherence to controls, lockbox structures, and cash application processes.
Act as primary treasury contact for lenders, banks, and financial institutions.
Partner with lenders to identify, evaluate, and structure treasury services (e.g., lockboxes, controlled disbursement accounts, account structures, fees, and service levels) that align with liquidity needs, operational efficiency, and corporate strategy.
Ensure treasury services are appropriately allocated, documented, and optimized within the overall lending and banking relationship.
Support refinancing, amendments, and future capital structure initiatives as needed.
Apply deep understanding of healthcare revenue cycles, payer mix, and reimbursement timing to cash management and forecasting.
Partner closely with Revenue Cycle Management to understand collections trends, denials, and timing impacts on liquidity.
Ensure treasury practices appropriately reflect regulatory, operational, and reimbursement complexities unique to healthcare.
Collaborate with FP&A on integrated cash forecasting, budgeting, and liquidity scenarios.
Coordinate with Corporate Accounting on cash accounting, debt accounting, covenant compliance, bank reconciliations and other month-end close processes.
Support executive leadership with clear, concise liquidity reporting and recommendations.
Leverage and enhance treasury technology, including Workday treasury solutions, to improve visibility, controls, and efficiency.
Design and maintain strong internal controls over cash, debt, and treasury operations.
Drive continuous improvement in treasury policies, procedures, and documentation.