Department:
10211 Advocate Aurora Health Corporate - Treasury Services
Status:
Full time
Benefits Eligible:
Yes
Hours Per Week:
40
Schedule Details/Additional Information:
Hours typically 8AM - 5PM Monday - Friday, additional/alternate hours may be required.
This is a remote role; however, living in Chicago or Charlotte is a plus. Advocate may approve remote workers who reside in the following registered states: AL, AK, AR, AZ, DE, FL, GA, IA, ID, IL, IN, LA, KS, KY, ME, MI, MO, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, PA, SC, SD, TN, TX, UT, VA, WI, WV, WY.
Major Responsibilities:
- Cash Positioning – includes daily cash positioning across banks, cash forecasting, wire disbursements, evaluation of liquidity across entities/accounts. Partner with the investment office on forecast liquidity needs. Analyze cash receipt and disbursement procedures, armored car services, and process flows to drive expense savings.
- Bank Relationships / Services – maintain strong relationships across various banks and service providers and meet regularly to understand current services and evaluate new offerings, stay apprised of cash management technology and identify ways to create efficiency within Advocate processes, monitor and negotiate favorable pricing strategies.
- Account Management – manage bank account structure including signatories and user security, analyze bank fees and pricing trends, maintain master account listing by entity and collateral position for governmental funds.
- Merchant Services – oversight for all merchant services administration for the system, including review and alignment of payment flow processes, evaluation and standardization of processor/gateway relationships, partnering with IT/PCI security to achieve compliance across the system, work with outsourced vendors to streamline merchant account processes, analyze and reduce credit card fees.
- Treasury Workstation – manage the treasury workstation and onboard all system accounts, leverage the system capabilities to streamline analysis, forecasting and transactions, and partner with accounting to optimize the reconciliation processes and interface with the general ledger.
- Reporting, audit support and other treasury-related duties as required.
- Supervise and review work of cash management team, establish goals and conduct performance evaluations, recommend hiring/termination. The role will coordinate annual budget development for interest income and bank and credit card fees and the development of corporate policies related to cash management processes.
Licensure, Registration, and/or Certification Required:
- None
Education Required:
- Bachelor’s degree required, business or finance.
Experience Required:
- 8-10 years
Knowledge, Skills & Abilities Required:
- Strategic thinker with a solid understanding of finance/accounting treatment of cash-related concepts and a focus on maximizing yield and efficiency.
- Ability to assess, recommend, and implement products, services, technologies, and systems that are available and appropriate for treasury operations.
- Track record of negotiating service fees and driving down cost through process redesign.
- Experience navigating multiple projects with competing timelines and creating an organized process flow.
- Excellent verbal and written communication skills coupled with analytical and problem-solving skills; comfortable presenting analysis and findings to executives.
- Must be detail-oriented with ability to reconcile across multiple data sources and provide reporting that requires minimal review.
- Demonstrated ability to develop, lead and encourage a high-performing, integrated finance team.
- Solid Excel and PowerPoint skills and ability to summarize complex information for executive leadership.
Physical Requirements and Working Conditions:
- This position is remote and requires stable setup for virtual meetings, etc.
- Operates all equipment necessary to perform the job.
- Occasional travel may be required.
This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.
Pay Range
$73.90 - $118.25
Our Commitment to You:
Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:
Compensation
- Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training
- Premium pay such as shift, on call, and more based on a teammate's job
- Incentive pay for select positions
- Opportunity for annual increases based on performance
Benefits and more
- Paid Time Off programs
- Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
- Flexible Spending Accounts for eligible health care and dependent care expenses
- Family benefits such as adoption assistance and paid parental leave
- Defined contribution retirement plans with employer match and other financial wellness programs
- Educational Assistance Program
About Advocate Health
Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation’s largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.
Top Skills
What We Do
Advocate Aurora Health is the 11th largest not-for-profit, integrated health system in the United States. As a leading employer in the Midwest, Advocate Aurora Health employs more than 75,000 individuals including more than 22,000 nurses. Advocate Aurora is engaged in hundreds of clinical trials and research studies, and is nationally recognized for its expertise in cardiology, neurosciences, oncology and pediatrics. The organization contributed nearly $2.2 billion in charitable care and services to its communities in 2019.
