Director of Treasury

The Director of Treasury will report to the Vice President of Finance. The Director will provide leadership and coordination corporate treasury and related program activities of CNMC. The Director will implement institutional policy and procedures as it relates to corporate treasury to ensure a strong system of internal controls within corporate treasury.

Full-Time Salary Range: $137,550.40 - $229,257.60

Minimum Education:

Bachelor's Degree Accounting, Finance or Business Administration (Required)

Minimum Work Experience:

12 years Experience in a financial management position, preferably within health-related industry. (required)

10 years In a management capacity. (Required)

Required Skills/Knowledge:

Expert knowledge of best practice controls within corporate treasury. 

• Knowledge of applicable laws and regulations. 

• Knowledge of financial analysis techniques and expert analytical skills. 

• Ability to manage data and financial systems; consultative skills.

 • Knowledge of, and experience in managing corporate treasury operations.

 • Professional written and verbal communication and interpersonal skills.

 • Ability to motivate teams to produce quality. 

• materials within tight timeframes and simultaneously manage several projects. 

• Familiarity with PCs, networks, electronic correspondence. 

• Proficiency with Microsoft Office

Functional Accountabilities

Operational Leadership 

• Review and evolve treasury policies and procedures consistent with best practices. 

• Periodic review of controls to safe harbor the institutions liquid assets. 

• Leadership role over all aspects of Children’s National daily cash management, working capital line of credit and liquidity activities

 • Manages and acts in leadership role over Children’s National operational investment activities

 • Coordinate with all external investment managers to gather and manage the consolidation of investment performance reports

 • Oversees liquidity management to ensure liquidity needs are met and excess cash is appropriately placed in yield earning instruments

 • Oversight of treasury team’s daily cash management workflows • Ability to initiate and negotiate various bank lending agreements • Manage bond issuances along with executive management 

• Manage bond proceed spend down on bond funded projects 

• Arrange liquidity for bond principal and interest payments

 • Arrange for payment of bond related invoices (trustee, underwriting, liquidity facility, escrow)

 • Supervisory responsibility for cashiers and treasury analysts. 

• Directs, oversees and disseminates standard monthly reporting to executive leadership

Leader Accountabilities Director/Executive Director/Associate Division Chief/Division Chief

Deliver

• Set and achieve departmental goals.

 • Align budgets and resources to meet division goals. 

• Monitor and support a safe and quality environment. 

• Focus the team on service excellence and make the interdepartmental connections needed to ensure high service.

Engage

Clearly communicate organizational strategies to the department.

 • Ensure managers hold the team accountable for high performance. 

• Support managers in maintaining a positive working environment. 

• Represent the department in clearing obstacles to high performance. 

• Look for and develop high-performing talent. Engage 

• Support supervisors and managers in engagement efforts.

Grow

• Look across departments for opportunities to make the organization more effective.

 • Recognize and share innovation and improvement. 

• Represent the department in organization-wide innovation and improvement efforts. 

• Monitor and grow the department’s capacity for change.