Vice President, Treasury

AdaptHealth • Conshohocken, PA

7d • Onsite

About The Position

The primary focus of this role is to manage all strategic cash management initiatives, oversee global cash management/ liquidity activities, report on related activities and execute fund movements, as necessary. Incumbent will enhance enterprise business decisions through automation & process improvement, cash flow forecasting and other financial modeling. Responsible for providing leadership and direction to ensure designated cash processing, reconciliation and reporting functions are completed in a timely manner. Oversees implementation of Treasury Department initiatives and process improvements. This role does need to be located within a reasonable distance to our Conshohocken, PA Headquarters.

Requirements

• Bachelor’s degree required
• Fifteen (15) years progressive experience in Finance, Finance Transformation, and/or Project Management
• Experience with a publicly traded company or other aggressive-growth business
• Ability to perform repetitive motions of wrists, hands, and/or fingers due to extensive computer use.
• Mental ability to lead others and change processes in a fast-paced work environment.
• Excellent ability to communicate both verbally and in writing.
• Mental ability to lead others and change processes in a fast-paced work environment.
• Ability to effectively communicate both verbally and written with internal and external customers with the ability to demonstrate empathy, compassion, courtesy, and respect for privacy.
• Physical and mental ability to analyze data, problem solving and critical thinking.

Nice To Haves

• MBA preferred
• CTP designation is preferred

Responsibilities

• Maintains oversight of daily cash position, associated reporting and ensures timely processing of transactions through bank platforms by Treasury staff.
• Anticipates and recommends any short-term borrowing/investment needs to management and works with other internal stakeholders to determine the best source of additional liquidity.
• Develops, monitors, and analyses six-month cash liquidity forecast, ensuring any changes to projections are reconciled with FP&A & Accounting.
• Prepares related reporting package for management.
• Manages the company’s initiative to migrate to a global banking platform with one provider.
• Treasury lead for integration of all newly acquired entities.
• Assists CFO in maintaining compliance with all debt agreements including preparing related covenant calculations, preparing compliance certificates, and preparing compliance forecasts as needed.
• Assists CFO with risk management activities including all company insurance renewals, interest rate hedging activities and any other risk mitigation strategies implemented by the company.
• Responsible for ensuring day-to-day Treasury and banking needs for all company entities are met.
• Manages company cash management banking relationships.
• Reviews, recommends, and assists with negotiations of Treasury contracts with banks as needed.
• Maintains equipment financing relationships with our manufacturing partners and coordinates with accounting to ensure proper recording of any financing arrangements.
• Monitors existing bank account services and evaluates changes to banking products, services, and platforms as appropriate.
• Oversees and directs updates to Company bank signatory, or other bank documentation, as needed and serves as primary Company contact for any bank-initiated regulatory reviews/needs (KYC, FBAR, OFAC, etc.)
• Reviews and approves any Treasury month-end closing activities.
• Reviews bank fees, merchant card fees and provides monthly or quarterly reporting to management, as necessary.
• Responsible for the oversight and review of SOX compliance within the department; ensure proper controls exist over cash receipts, disbursements, and general Treasury activities.
• Update controls, policies and narratives as needed.
• Maintain patient confidentiality and function within the guidelines of HIPAA.
• Completes assigned compliance training and other educational programs as required.
• Maintains compliant with AdaptHealth’s Compliance Program.
• Perform other related duties as assigned during and outside of normal business hours as needed.
• Responsible for selection and hiring of qualified staff, ensuring an effective on-boarding, and providing comprehensive training and regular feedback.
• Accomplishes staff results by communicating job expectations; planning, monitoring, and appraising job results; coaching, counseling, and disciplining employees; developing, coordinating, and enforcing systems, policies, procedures, and productivity standards.
• Establishes annual goals and objectives for the department based on the organization’s strategic goals.
• Responsible for achieving organizational performance and retention goals, including timely completion of performance evaluations.

Benefits

• Must be able to travel as needed.

What This Job Offers

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