Job Information
Henry Ford Health System Sr Treasury Analyst | Troy, MI (Hybrid) in Troy, Michigan
TWO DAYS A WEEK REQUIRED TO WORK ONSITE AT OUR TROY OFFICE
GENERAL SUMMARY:
The Senior Treasury Analyst reports to the Manager of Treasury Operations, assisting with oversight responsibilities for cash and treasury operations, short-term borrowing, payments, cash forecasting, working capital management and optimization and compliance. Evaluates products, services, technologies and systems that are available and appropriate to support a sophisticated treasury operation. Develops and implements treasury processes and procedures, as well as internal controls to safeguard cash and optimize working capital. Must continually keep their knowledge of cash management and treasury related functions current.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
Cash Management
Performs daily System-wide cash management and forecasting activities.
Monitors and manages System-wide daily cash position.
Prepare forecasts for daily, weekly, monthly, and quarterly cash requirements.
Performs actual to forecast variance analysis.
Administrate daily liquidity and investment activities.
Analyzes bank fees and earnings credit rate. Prepares annual bank fee budget and analyzes actual to budget variances.
Opens and closes bank accounts, maintains signature card file and assists Manager Treasury Operations in implementing new bank products and services.
Assists Manager Treasury Operations with working capital optimization and supports working capital council.
Platform administrator for internal and external treasury and bank technologies.
Reports on third party risk.
Manage and maintain wallet share reporting across all banking relationships
Evaluate opportunities for and Implements improvements to current cash management processes.
Supports research and analysis of products and services to optimize cash and working capital.
Debt Administration and Compliance
Prepare debt payments.
Monitor compliance with debt covenants resulting from bond indentures and other credit agreements.
Support the issuance of new debt obligations and retention of other credit facilities as directed by Manager Treasury Operations.
Prepares annual interest expense budget.
Supports balance sheet and capital structure analysis for M&A activity.
Other Treasury Functions
Maintains a culture of quality, continuous improvement and exceptional service.
Demonstrates the highest professional ethics when dealing with confidential information.
Ensure compliance with policies and procedures for Treasury Services.
Assist the Manager Treasury Operations with other treasury related projects as needed.
EDUCATION/EXPERIENCE REQUIRED:
Bachelor’s Degree, finance or accounting required; Master's Degree preferred. CTP and/or CPA preferred.
Minimum of four to six (4-6) years of experience in treasury management or a related field (e.g. corporate finance, budgeting, forecasting, cash flow analysis, etc.).
Strong analytical skills, attention to detail, and proficiency with computer applications including Excel, Word, and Power Point required.
Project Management experience.
Ability to promote improvement and bring an acute skill set for detailed financial analysis to better meet the needs of internal and external customers.
Must be self-motivating, intuitive, organized and precise.
Ability to communicate effectively both written and orally, relay ideas to management, and work in small treasury team environment necessary for job.
A desire to cross train to provide back up to other treasury functions as needed.
Knowledge of financial statements and variables that have positive/negative impact on financial performance is important.
Additional Information
Organization: Corporate Services
Department: Treasury
Shift: Day Job
Union Code: Not Applicable
Additional DetailsThis posting represents the major duties, responsibilities, and authorities of this job, and is not intended to be a complete list of all tasks and functions. It should be understood, therefore, that incumbents may be asked to perform job-related duties beyond those explicitly described above.
Overview
Henry Ford Health partners with millions of people on their health journey, across Michigan and around the world. We offer a full continuum of services – from primary and preventative care to complex and specialty care, health insurance, a full suite of home health offerings, virtual care, pharmacy, eye care and other health care retail. With former Ascension southeast Michigan and Flint region locations now part of our team, Henry Ford’s care is available in 13 hospitals and hundreds of ambulatory care locations. Based in Detroit, Henry Ford is one of the nation’s most respected academic medical centers and is leading the Future of Health: Detroit, a $3 billion investment anchored by a reimagined Henry Ford academic healthcare campus. Learn more at henryford.com/careers .
Benefits
The health and overall well-being of our team members is our priority. That’s why we offer support in the various components of our team’s well-being: physical, emotional, social, financial and spiritual. Our Total Rewards program includes competitive health plan options, with three consumer-driven health plans (CDHPs), a PPO plan and an HMO plan. Our team members enjoy a number of additional benefits, ranging from dental and eye care coverage to tuition assistance, family forming benefits, discounts to dozens of businesses and more. Employees classified as contingent status are not eligible for benefits.
Equal Employment Opportunity/Affirmative Action Employer
Equal Employment Opportunity / Affirmative Action Employer Henry Ford Health is committed to the hiring, advancement and fair treatment of all individuals without regard to race, color, creed, religion, age, sex, national origin, disability, veteran status, size, height, weight, marital status, family status, gender identity, sexual orientation, and genetic information, or any other protected status in accordance with applicable federal and state laws.