Position Summary: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. Essential Functions and Job 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.
Management / Supervision:?????? - 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.
Competency, Skills, and Abilities: - Strategic vision with the ability to execute.
- Demonstrated leadership presence and maturity.
- Impeccable judgment and ability to make sound decisions in a fast-paced, dynamic setting.
- Proven leadership skills
- Strategic business partner
- Independent thinker and decision maker
- Project management: ability to manage and coordinate complex projects with senior stakeholders.
- Initiative; originate productive actions without specific instructions; generate new ideas, processes, and approaches to meet business needs.
- Flexibility: adaptive to frequent changes in priorities, organization, and strategy; flexible to deadlines with short lead times.
- Extensive knowledge of finance, accounting, budgeting, and cost control principles include Generally Accepted Accounting Principles (GAAP)
- Excellent communication and presentation skills, both verbal and written
- Expert level of technical knowledge of bank products and services and internal systems
- Expert ability to analyze business processes and recommend/implement improvements with a keen focus on standardization and automation.
Requirements
Education and Experience Requirements: - Bachelor's degree required; MBA preferred.
- Fifteen (15) years progressive experience in Finance, Finance Transformation, and/or Project Management
- Experience with a publicly traded company or other aggressive-growth business
- CTP designation is preferred.
Physical Demands and Work Environment: - Work environment will be stressful at times, as overall office activities and work levels fluctuate.
- Must be able to bend, stoop, stretch, stand, and sit for extended periods of time.
- Subject to long periods of sitting and exposure to computer screen.
- Ability to perform repetitive motions of wrists, hands, and/or fingers due to extensive computer use.
- Metal ability to lead others and change processes in a fast-paced work environment.
- Must be able to lift 30 pounds as needed.
- Excellent ability to communicate both verbally and in writing.
- May be exposed to angry or irate customers or patients.
- Must be able to travel as needed.
- 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.
