Treasury Analyst

Description

This Analyst I position in the Treasury Department will function as a key supporting role to both Directors and the Vice President of Treasury. The position is responsible for the day-to-day movement of assets within the department, with annual movement of assets exceeding $4.0 billion. Responsibilities include but are not limited to, concentration of cash, maintaining liquidity requirements, management of the treasury workstation, running cash forecasts, funding near-term cash requirements by utilizing short-term investments or credit facilities, the movement of assets including cash and investments, administering all electronic funds transfers for System entities and various Joint Ventures, and overseeing cash collection processes including merchant services and vault deposits. The position will maintain positive relationships with current and potential service providers, and supporting various other treasury functions. This position will ensure all cash policies, Treasury internal controls, and procedures are met by focusing on accuracy, consistency, and reliability with the highest degree of integrity.

Requirements and Responsibilities of Role:

1. Assures cash is available to meet the needs/plans of University Hospitals:
• Determines cash available for overnight investing
• Coordinates receipts and disbursements functions to assure timely receipt of cash, consolidation of cash and effective control of disbursements, including ACH, wire, check, and corporate credit cards
• Forecast cash flows to be utilized for investment and borrowing activity
• Responsible for liquidity planning by utilizing short-term investments and credit facilities
• Monitor and manage credit facilities with regard to debt covenants
• Monitor short-term cash investment portfolio for compliance with working capital policy

2. Maintains a cash database/treasury workstation:
• Utilize bank technology and administrative support to maintain cash database and daily balance reporting
• Audit database periodically to ensure proper functionality
• Lever technology to run account analysis review and verification of pricing
• Administer Treasury internal control procedures

3. Responsible for movement of department assets:
• Daily transfers and activities regarding cash and investments
• Coordinates short-term investment movement
• Oversees long-term investment transitions
• Assures cash policies and procedures are followed
• Assures proper documentation and authorizations
• Reviews and processes recurring debt obligations
• Communicates with banks and customers to ensure accuracy of transfers
• Assures timely and accurate processing

4. Supports UH Accounting and Financial Reporting:
• Monitor and audit cash database to ensure accurate journalizing of cash
• Assist the accounting department with journalization and reconcilement of cash and investments
• Provide assistance during annual audit

5. Supports UH Revenue Cycle:
• Administers the merchant services program
• Analyzes bank cash flow / lockboxes
• Ensures bank technology and service is delivered to all revenue points
• Manages point of service cash collection – cash, checks, funds flow
• Coordinates cash courier and collection processes with third party vendor and revenue cycle departments

6. Supports the UH Supply Chain and A/P Functions:
• Administers the Commercial Card program
• Administers the ACH/Trade Payables program

7. Maintains the UH Lease Program:
• Key member of UH Capital Review Committee
• Lease/buy analysis
• Runs the lease bidding process
• Manages legal documentation and approval process for new leases
• Maintains lease database
• Key liaison with Lessors

8. Maintains positive relationships with service providers and banks
• Ability to effectively communicate with bank relationship manager
• Responds well to customer needs within the System while maintaining professionalism
• Administers all bank accounts including opening, closing and account maintenance
• Works with third parties to coordinate training and user rights for online systems and reporting
• Oversee and monitor all bank accounts, merchant accounts and other bank products

Expected Behaviors of Role:
• Results oriented and highly motivated
• Attentive to detail and focused on meeting deadlines
• Ability to multi-task and respond to priorities
• Performs all duties accurately and timely
• Adheres to cash policies and procedures
• Assures proper management of funds
• Communicates with banks timely and as needed
• Maintain professional behavior consistent with role
• Maintains composure under difficult conditions
• Communicates effectively
• Communicates problems/difficulties timely
• Maintains professional behavior consistent with role
• Demonstrates ability to work well with others
• Timely communicates errors and/or problems to banks
• Works with other individuals in the System to ensure transactions are correct
• Assist/train other System entities on using the web based Treasury products

Exemplary Behaviors of Role:
• Consistently accurate
• Provides outstanding customer service
• Displays diligence and initiative of a zero tolerance for policy errors in performance of all EFTs
• Maintains relationships with internal departments and external service providers associated with Treasury duties. Periodically evaluate external parties to ensure that service meets expectations
• Develops or leads process improvement initiatives or projects
• Demonstrates ability to work well with others
• Demonstrates ability to problem solve and initiate process improvement
• Demonstrates excellence in relationships with co-workers
• Grows beyond this position to assume new responsibilities over time

Qualifications

Education and Experience:
• 3-5+ years relevant work experience required
• Bachelors Degree required, CPA preferred
• Advanced in Microsoft Excel, Proficient in Microsoft Word and PowerPoint