Manager- Treasury Services

Exemption Status:

Schedule Details:

Scheduled Hours:

Shift:

Hours:

Cost Center:

This position may have a signing bonus available a member of the Recruitment Team will confirm eligibility during the interview process.

At UMass Memorial Health, everyone is a caregiver - regardless of their title or responsibilities. Exceptional patient care, academic excellence and leading-edge research make UMass Memorial the premier health system of Central Massachusetts, and a place where we can help you build the career you deserve. We are more than 16,000 employees, working together as one health system in a relentless pursuit of healing for our patients, community and each other. And everyone, in their own unique way, plays an important part, every day.

I. Major Responsibilities:

1. Provides automation support and design for Treasury's implementation of strategic plans to improve enterprise support capabilities. Projects include process change/improvement related to collections/disbursement and recommendations and implementation of new products.
2. Responsible for development and maintenance of treasury applications, including, but not limited to Workday, banking platforms and users, Merchant Service Platforms, legacy applications, Epic, etc.
3. Works closely with business to minimize financial risk. Ensures liquidity and reviews forecasted needs. Monthly reporting and journal entry review.
4. Designs, builds, tests, and maintains assigned applications and interfaces. Develops, implements, and maintains policy and procedures.
5. Educates Treasury staff and business personnel in the use of emerging bank and treasury technologies, as well as existing systems and platforms.
6. Responsible for review and approval of all bank reconciliations.
7. Ensures compliance with all state escheatment rules and regulations.
8. Represents UMass Memorial at various professional meetings and seminars, as needed (e.g., AFP, HFMA, NACHA, etc.) Maintains active dialog and contact with other treasury professionals and banking experts to stay current with the latest trends in bank/treasury technology.

Primary Duties and Responsibilities:

1. Monitors and reports on available cash, cash flow, and financial forecasts day to day and periodically, including account balances, cash movement, bills, and taxes.
2. Researches and reports on financial, regulatory, and legal changes that affect organization's environment.
3. Monitors treasury and credit tracking.
4. Approves and releases payments, execute investing or borrowing activities when required.
5. Provides support for Investments and Pension operations.
6. Approves I/C settlements and reconciliations.
7. Manages Corporate Expense Card program. Tracks profitability, risks and losses, letter of credit requirements, and other financial data.
8. Coordinates with external financial institutions to establish and maintain accounts and awareness.
9. Collaborates and provides support for Accounts Payable.

II. Position Qualifications:
License/Certification/Education:
Required:
1. Bachelor of Science Degree in Business Administration, Accounting or Finance.
Preferred:
1. Master's degree in Business Administration.

2. CPA or CTP designation.

Experience/Skills:
Required:
1. Five (5) years of relevant Treasury application experience required, preferably in a healthcare environment.
2. Demonstrated leadership.
3. Demonstrated proficiency in financial analysis and reporting, particularly as related to corporate budgets, financial statements and cash flow forecasting and reconciliation in multi-billion-dollar, multi-organization enterprise.
4. Advanced spreadsheet and modeling skills.
5. Ability to adapt to changes quickly and handle confidential data with care
6. Must be highly organized, results-oriented and have excellent time management skills.
7. Advanced analytical, organization, and interpersonal skills.
8. Excellent collaboration, verbal, and written communication skills.
9. Ability to break down problems into meaningful parts and come to rational and well-thought-out conclusions.
10. Demonstrated strong project management skills.
11. Attention to detail and accuracy.
12. Interested in process improvement.
13. Internally motivated to seek out answers, generate ideas, and develop new skills.
14. Working knowledge of treasury systems, merchant services, investments and banking solutions including cash accounting and bank account reconciliation processes.
Preferred:
1. Supervisory experience.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

We're striving to make respect a part of everything we do at UMass Memorial Health - for our patients, our community and each other. Our six Standards of Respect are: Acknowledge, Listen, Communicate, Be Responsive, Be a Team Player and Be Kind. If you share these Standards of Respect, we hope you will join our team and help us make respect our standard for everyone, every day.

As an equal opportunity and affirmative action employer, UMass Memorial Health recognizes the power of a diverse community and encourages applications from individuals with varied experiences, perspectives and backgrounds. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, protected veteran status or other status protected by law.

If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at talentacquisition@umassmemorial.org. We will make every effort to respond to your request for disability assistance as soon as possible.