Department:
10211 Advocate Aurora Health Corporate - Treasury Services
Status:
Full time
Benefits Eligible:
Yes
Hours Per Week:
40
Schedule Details/Additional Information:
This is a hybrid role as it requires this position to be on-site at the Oak Brook Support Center at least one day per week.
Facilitates various banking and cash management activities, including daily cash positioning, analyzing, verifying and reconciling daily cash, managing deposit activity, executing electronic funds transfers and tax payments, and providing month-end reporting. Works with internal and external stakeholders, including internal and external auditors, to provide support and resolve issues in a timely manner. Develops, implements, and documents standardized procedures and controls, including maintaining all internal control process documentation; and recommends/implements new products/technology/process improvements to improve automation and efficiency. Serves as back-up to the Cash Manager.
Major Responsibilities:
- Responsible for electronic fund transfers, tax payments, daily bank activity reconciliation, and month-end reporting.
- Support all operating units/business office, and provide timely response to requests for treasury management products/services with all banking partners. Serves as the primary contact for all operating unit/business office treasury related inquiries.
- Supports the cash forecasting process by investigating significant variances between actual and forecasted activity. Analyze bank service fees and support the negotiation of competitive rates for treasury management services.
- Administer bank account and lockbox setup and maintenance, including authorized signatories and all other required documentation. Periodically analyze bank activity to determine/recommend bank account to be closed as appropriate.
- Support merchant processing services and PCI-DSS compliance, including maintenance of merchant numbers, ordering/deploying equipment, providing support to HIT, researching issues, and responding to inquiries.
- Implement standard processes for cash deposits, disbursements, and all treasury management services across the AAH system. Lead/support the implementation of new technology to increase automation and the digitizing of treasury document. Design and implement internal control processes for deposits and wire transfers.
- Provide supporting documentation and respond to inquiries/issues as requested by internal and external auditors.
- Liaison with banking partners and other third party service providers to facilitate all treasury management services for AAH. Serve as primary administrator on various bank portals and the treasury workstation.
- Perform other duties as assigned.
Education Required:
- Bachelor's Degree in Finance or related field.
Experience Required:
- Typically requires 5 years of experience in Experience in treasury, finance, or accounting demonstrating proficiency with Excel/ Word, and with an emphasis on detail-oriented analysis and project management. Treasury experience and familiarity with various banking products required.
Knowledge, Skills & Abilities Required:
- Treasury workstation experience preferred
- Demonstrated proficiency in the use of computer applications such as Excel, Word, etc.
- Trustworthy and respectful of working with highly confidential information
- Detail oriented with strong analytical skills
- Effective problem solving and organizational skills with the ability to set priorities and meet deadlines
- Self starter with the ability to work independently
- Team player and cross-functional
- Effective oral and written communication skills
Physical Requirements and Working Conditions:
- Sits the majority of the workday as well as stands and walks throughout.
- Exposed to a normal office environment.
- Operates all equipment necessary to perform the job.
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
$37.50 - $56.25
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.
