Overview

The Treasury Analyst for MHS oversees and provides guidance to the Treasury Specialists in the review/performance of all day-to-day treasury activities for the reporting, reconciliation, and accounting of bank transactions for affiliate bank accounts at our cash concentration bank. This includes daily cash planning, execution of electronic transfers, cash accounting, and the review and reconciliation of accounts payable and accounts receivables transactions. Oversees the cash concentration and planning for Memorial Health System for funding payroll and taxes, accounts payable paymode and checks, IL Tax Assessment payments, principal and interest payments on debt, commercial paper rollovers and discount. Project funding requirements and incorporate into cash planning other periodic academic support, employee benefit and capital requests. Manages daily cash levels to maximize short-term investment and/or prefunding to Memorial Health Corporate.

In addition, responsibilities include completion of all month-end accounting entries, Treasury cost center allocations, posting of investments returns and corporate debt, reconciliation of Treasury clearing account, bank reconciliation reporting, review and correction of bank exceptions, and PNC P-Card transaction review and accounting. Completes closing entries and reconcile affiliate master trust and short-term master trust plan account to general ledger. Updates commercial paper note schedule and discount accrual. Updates schedules and present Treasury Reports for monthly accounting close meetings, including reports for investment returns.

Updates and implements enhancements to the TMS to ensure bank transactions are managed in the system correctly. Maximizes transaction automation to leverage the TMS efficiencies. Treasury Analysts is involved in preparation of materials for Memorial Health's Investment Committee, direct administration of the corporate purchasing card program, and other projects as assigned. Assists and/or prepares year end audits reports and other periodic reports for review by the Treasury Manager. The position directly assists Treasury Manager in the evaluation, review, update, and maintenance of banking services, systems and processes.

This is an onsite role in Springfield IL.

Qualifications

Education:

• Bachelor's degree in finance, Accounting or Business required, Master's degree is preferred

Licensure/Certification/Registry:

• Certified Treasury Professional (CTP) strongly preferred

Experience:

• Three to five years of experience in cash management, investments, debt, and/or related field is required. Prior experience in working in a Treasury Management System in a "corporate environment" is strongly preferred.

Other Knowledge/Skills/Abilities:

• Must possess good technical and professional skills.
• Must possess excellent analytical skills, advanced Excel worksheet and finance functions.
• Must possess excellent communication and human relations skills.
• Manages time efficiently, manage changing priorities and deadline-oriented projects and responsibilities.
• Must possess strong listening skills and the ability to communicate across multiple teams.
• Must be detail and quality oriented.
• Must be an independent worker with the ability to manage unstructured problems.
• Must possess ability to compile data, analyze and develop recommendations and presentations.
• Demonstrates strong personal initiative.
• Highly proficient with personal computers and software (Microsoft Excel, Word, and Power Point).

Responsibilities

• Oversees daily operation, update and improvement of TMS and related modules used for cash planning, cash forecasting, debt, cash accounting, bank fee analysis, investments, and other related Treasury activities.
• Monitors daily cash balances and prepare daily reports on cash activity and liquidity.
• Transfers funds between accounts, as needed, and serve as resource for optimizing payment execution.
• Monitors, analyzes, and develops recommendations related to account fees, investment returns, late fees, cash management.
• Develops and maintains financial analysis and forecasts of corporate cash activity and liquidity.
• Prepares all journal entries and variance analysis related to investments and debt.
• Manages all requirements for month-end close processes and meetings.
• Prepares work papers as required for the year-end audit and other Treasury financial reporting.
• Works with banking services on daily cash management operations, exceptions and resolution.
• Documents and updates current processes and procedures; identifies and implements potential improvements to TMS.
• Maintains current knowledge of relevant administrative policies, department policies, government regulations, accounting standards, and other guidelines.
• Promotes guest relations and open communications and supports the System's Statement of Values by setting an example and treating everyone fairly and with courtesy and respect.
• Maintains confidentiality of sensitive employee data and patient clinical and financial information.
• Ensures departmental compliance with the Code of Conduct and corporate compliance plan.
• Acts as liaison between Finance and other Memorial departments.
• Performs other related work as required or requested.

The intent of this job description is to provide a representative summary of the major duties and responsibilities performed by incumbents of this job. Incumbents may be requested to perform tasks other than those specifically presented in this description.