Vice President, Treasury

Description Position Summary: The primary focus of this role is to manage all strategic cash management initiatives, oversee global cash management/ liquidity activities, report on related activities and execute fund movements, as necessary. Incumbent will enhance enterprise business decisions through automation & process improvement, cash flow forecasting and other financial modeling. Responsible for providing leadership and direction to ensure designated cash processing, reconciliation and reporting functions are completed in a timely manner. Oversees implementation of Treasury Department initiatives and process improvements. This role does need to be located within a reasonable distance to our Conshohocken, PA Headquarters with the preference to a hybrid work model. Essential Functions and Job Responsibilities: Maintains oversight of daily cash position, associated reporting and ensures timely processing of transactions through bank platforms by Treasury staff. Anticipates and recommends any short-term borrowing/investment needs to management and works with other internal stakeholders to determine the best source of additional liquidity. Develops, monitors, and analyses six-month cash liquidity forecast, ensuring any changes to projections are reconciled with FP&A & Accounting. Prepares related reporting package for management. Manages the company’s initiative to migrate to a global banking platform with one provider. Treasury lead for integration of all newly acquired entities. Assists CFO in maintaining compliance with all debt agreements including preparing related covenant calculations, preparing compliance certificates, and preparing compliance forecasts as needed. Assists CFO with risk management activities including all company insurance renewals, interest rate hedging activities and any other risk mitigation strategies implemented by the company. Responsible for ensuring day-to-day Treasury and banking needs for all company entities are met. Manages company cash management banking relationships. Reviews, recommends, and assists with negotiations of Treasury contracts with banks as needed. Maintains equipment financing relationships with our manufacturing partners and coordinates with accounting to ensure proper recording of any financing arrangements. Monitors existing bank account services and evaluates changes to banking products, services, and platforms as appropriate. Oversees and directs updates to Company bank signatory, or other bank documentation, as needed and serves as primary Company contact for any bank-initiated regulatory reviews/needs (KYC, FBAR, OFAC, etc.) Reviews and approves any Treasury month-end closing activities. Reviews bank fees, merchant card fees and provides monthly or quarterly reporting to management, as necessary. Responsible for the oversight and review of SOX compliance within the department; ensure proper controls exist over cash receipts, disbursements, and general Treasury activities. Update controls, policies and narratives as needed. Maintain patient confidentiality and function within the guidelines of HIPAA. Completes assigned compliance training and other educational programs as required. Maintains compliant with AdaptHealth’s Compliance Program. Perform other related duties as assigned during and outside of normal business hours as needed. Management / Supervision: Responsible for selection and hiring of qualified staff, ensuring an effective on-boarding, and providing comprehensive training and regular feedback. Accomplishes staff results by communicating job expectations; planning, monitoring, and appraising job results; coaching, counseling, and disciplining employees; developing, coordinating, and enforcing systems, policies, procedures, and productivity standards. Establishes annual goals and objectives for the department based on the organization’s strategic goals. Responsible for achieving organizational performance and retention goals, including timely completion of performance evaluations. Competency, Skills, and Abilities: Strategic vision with the ability to execute. Demonstrated leadership presence and maturity. Impeccable judgment and ability to make sound decisions in a fast-paced, dynamic setting. Proven leadership skills Strategic business partner Independent thinker and decision maker Project management: ability to manage and coordinate complex projects with senior stakeholders. Initiative; originate productive actions without specific instructions; generate new ideas, processes, and approaches to meet business needs. Flexibility: adaptive to frequent changes in priorities, organization, and strategy; flexible to deadlines with short lead times. Extensive knowledge of finance, accounting, budgeting, and cost control principles include Generally Accepted Accounting Principles (GAAP) Excellent communication and presentation skills, both verbal and written Expert level of technical knowledge of bank products and services and internal systems Expert ability to analyze business processes and recommend/implement improvements with a keen focus on standardization and automation. Requirements Education and Experience Requirements: Bachelor’s degree required; MBA preferred. Fifteen (15) years progressive experience in Finance, Finance Transformation, and/or Project Management Experience with a publicly traded company or other aggressive-growth business CTP designation is preferred. Physical Demands and Work Environment: Work environment will be stressful at times, as overall office activities and work levels fluctuate. Must be able to bend, stoop, stretch, stand, and sit for extended periods of time. Subject to long periods of sitting and exposure to computer screen. Ability to perform repetitive motions of wrists, hands, and/or fingers due to extensive computer use. Metal ability to lead others and change processes in a fast-paced work environment. Must be able to lift 30 pounds as needed. Excellent ability to communicate both verbally and in writing. May be exposed to angry or irate customers or patients. Must be able to travel as needed. Mental ability to lead others and change processes in a fast-paced work environment. Ability to effectively communicate both verbally and written with internal and external customers with the ability to demonstrate empathy, compassion, courtesy, and respect for privacy. Physical and mental ability to analyze data, problem solving and critical thinking. #J-18808-Ljbffr