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Treasury Services Manager

Columbia, MD 21044

Posted: 05/17/2024 Telecommute: Hybrid Specialty: Accounting / Finance Job Number: 12304 Employment Type: Direct Hire

Job Description

Our client is an award-winning healthcare system and one of the largest employers in the region. They have a direct hire opportunity for a Treasury Services Manager to join their team in Columbia, MD.  In this role, you will be responsible for all aspects of the cash management function, including the development and management of systems for the effective collection of revenues and payment of obligations, generally through an established network of internal and external corporate banking relationships. This role offers a Hybrid schedule once you’re established.

 

They offer an excellent base salary and comprehensive benefits package including health insurance, retirement plan, paid leave and much more. Our client supports your professional development and personal advancement through a variety of on-site courses, certification programs, and tuition reimbursement.

Responsibilities

  • Oversee all banking account activities, including the opening and closing of accounts
  • Process and maintain all banking account information including signature cards, resolutions and agreements, ensuring compliance with corporate policy and procedures.
  • Negotiate, implement and administer a wide variety of banking-related services and bank products, including depository accounts, controlled disbursement account, lockbox, wire transfer, direct deposit, and other traditional banking services required by the corporation.
  • Manage all corporate cash management banking relationships.
  • Benchmark banking services on a periodic and routine basis, including quality of service, the satisfaction of end-users, and pricing relative to industry levels.
  • Manage the daily cash position to ensure operational needs are funded while maximizing cash available for short-term investment
  • Provide accurate and timely information on cash flow, receipts and disbursements to the various internal constituencies that require banking information
  • Project cash needs and balances periodically and annually to ensure sufficient liquidity, and to allow for the maximization of investment income and minimization of interest expense. Provides appropriate analysis of cash variances to forecasted amounts.
  • Manage the corporate credit card program, including the establishment of new accounts, monitoring of activity, and development of enhancements to the existing program

Qualifications

  • Bachelor's degree in finance or related degree required and Masters of Business Administration preferred
  • 5+ years of experience, either in a corporate or tax-exempt cash management position, or similar experience with a commercial bank within HealthCare is required
  • Familiarity with bank cash management systems
  • Intermediate to Advanced Excel Skills 
  • Certified Cash Manager (CCM)or Certified Treasury Professional (CTP) designations preferred
  • Demonstrated In-depth knowledge of financial statements and financial statement analysis, including an ability to analyze cash flow and the impact on the financial statements.
  • Working knowledge of Electronic Data Interchange and its impact on the payment mechanism, including knowledge of ACH and other EDI-related formats and standards.
  • Thorough understanding of banking and cash management through education and hands-on experience.
  • Proven ability to communicate and negotiate with a variety of internal and external people

Job Requirements

Check out our Referral Program!
The Squires Group will pay you for every qualified professional that you refer and we place. If you see a position posted by The Squires Group and know the perfect person for the job, please send us your referral. For more information, go to https://bit.ly/squiresreferral.

 

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Meet Your Recruiter

Ed Kennedy
Executive Recruiter/Talent Sourcing Lead

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About Columbia, MD

Ready to take your career to new heights? Explore job opportunities in and around Columbia, Maryland, a vibrant city nestled between Baltimore and Washington, D.C. Known for its excellent schools, diverse communities, and thriving job market, Columbia offers a blend of urban amenities and suburban charm. Enjoy the picturesque beauty of Lake Kittamaqundi, catch a show at Merriweather Post Pavilion, or explore the renowned galleries at the Columbia Art Center. With easy access to hiking trails in Patuxent Research Refuge and exciting games at M&T Bank Stadium, Columbia, MD, is the perfect place to launch your career and enjoy a balanced lifestyle. Start your job search today and discover why Columbia is more than just a place to work—it's a place to thrive.

The Squires Group, Inc. is an Equal Opportunity Employer M/F/Vets/Disabled.