President - Sharp HealthCare : Job Details

Hours : Shift Start Time: Not Specified Shift End Time: Not Specified AWS Hours Requirement: 8/40 - 8 Hour Shift Additional Shift Information: Weekend Requirements: No Weekends On-Call Required: No Hourly Pay Range (Minimum - Midpoint - Maximum): $151.234 - $195.140 - $239.047 The stated pay scale reflects the range that Sharp reasonably expects to pay for this position. The actual pay rate and pay grade for this position will be dependent on a variety of factors, including an applicants years of experience, unique skills and abilities, education, alignment with similar internal candidates, marketplace factors, other requirements for the position, and employer business practices. What You Will Do The Vice President Treasurer is a key leadership position and is responsible for the strategic direction and management of the System's treasury functions. This position will focus on corporate liquidity and balance sheet management, which includes working capital, short and long-term borrowing, investor relations, and treasury risk management. The position is expected to demonstrate exceptional leadership and technical prowess, leading to significant contributions to the long- term viability of the System. Required Qualifications Bachelor's Degree business administration, accounting finance. 7 Years Experience in financial leadership roles. Demonstrated transactional experience in completing complex investment structures and issuing bonds, credit facilities, derivatives, leases and other financial instruments. Experience in developing high performance teams. Experience creating and maintaining client/vendor/department relationships. Preferred Qualifications Master's Degree with CTP, CFA, or CMA designations preferred. Essential Functions Lead cash management and treasury operations, including: Providing oversight of corporate cash management activities totaling over $4 billion, to ensure sufficient liquidity to meet working capital, debt service and other funding needs. Directing the development of cash management policy and procedures to ensure safeguarding and optimization of the organization's funds. Originating and implementing tools and processes to enhance cash flow forecasting and providing timely communication to operational stakeholders of plans to address potential shortfalls or surpluses of cash and reserves. Collaborating with other operating functions (revenue cycle, supply chain, accounts payable, etc.) to establish processes aimed at optimizing working capital. Overseeing management of the acquisition and maintenance of bank account services (deposits/receivables and disbursements/payables). Overseeing management of the merchant services treasury program, including compliance with policies and procedures related to PCI compliance, merchant card processing, and treasury management. Collaborate with the Total Rewards Vice President to staff the Retirement Plan Oversight Committee. Oversees Sharps five-year cash flow planning and feasibility study for the strategic plan. In conjunction with the Corporate Controller, be responsible for determining the cash provided by operations, financings, and philanthropy during the five-year projection period to support strategic capital investments. Ensure the strength of the organization through the projection period through rating agency peer comparisons. Communicate the plan to boards, rating agencies, and senior leadership. Work in conjunction with the VP of Total Rewards to conduct various RFPs for pension administrators and record keepers. Lead balance sheet management Partnering with the EVP and System CFO to optimize the System balance sheet by setting strategy regarding debt targets, asset/liability objectives and overall debt structure. Managing the process for the issuance or refunding of debt, which includes serving as the primary contact with counsel, financial advisors, board members, credit providers, and underwriters. Leading the identification, accessing, and management of all external funding channels, including tax-exempt and taxable bonds, commercial banks, commercial paper, commercial mortgages, leasing conduits, joint venture financing arrangements, lines of credit, letters of credit, and other sources of financing (e.g., New Market Tax Credits financing). Developing and directing capital capacity analytics, identify systems, tools, and processes to improve balance sheet oversite, including aggregate capital capacity over the long-term financial plan. Collaborating with corporate finance and the investment office on off-balance sheet liabilities and investment assets to optimize funding strategies. Partnering with facilities on real estate strategies including buy, sell and lease decisions as part of overall capital commitment and develop strategies to optimize this financing channel. Supporting capital planning efforts in collaboration with financial planning, strategy, and operations. Maintaining compliance with terms of Master Trust Indenture and other bank agreement covenants. Reporting on debt portfolio performance and on-going risk assessment to key management and governance constituents. Establishing processes for assessment and approval of any lease or other on/off-balance sheet financing structures. Responsible for oversight of Sharps swap portfolio (including quarterly reporting to the board) and identify and implement swap opportunities to effectively manage interest costs and risks, such as tax risk, basis risk, index risk, yield curve risk, counterparty exposure, and interest rate fluctuations. Leads investor relations, including: Maintaining and developing strategic banking relationships with consideration to the organizations current and future operational and financing needs. Developing and maintaining an investor relations strategy, including generation of materials, dissemination of information, coordination of events and calls, as well as contact with rating agencies, bond insurers, and bondholders. Leads treasury risk management, including: Keeping senior management apprised of organizational credit profile, relative to rating agency medians and organizational targets. Contributing to the overall enterprise risk management framework and analysis for liquidity and debt-related metrics. Develops and fosters strong and effective working relationships with key internal and external parties, including: Senior leadership team Finance Committee Financial advisors Bond, tax, and disclosure counsels Underwriters Rating agencies Financial institutions, including swap counterparties Credit card processors Internal and external auditors Other finance team leaders Knowledge, Skills, and Abilities Strong understanding of financial mathematics including discounted cash flows, internal rate of return, net present value, implied financing costs, financial derivatives, real and implied options is required. Strong understanding of health-care issues affecting debt and asset investment strategies and requirements is required. Strong familiarity with best practices in the areas of cash management, and forecasting, working capital/liquidity management, bond finance, and investment management is required. Excellent verbal and written communication skills, with the ability to deliver presentations to a variety of audiences across the health system and with outside audiences is required. Brings forth creative thinking emanating from Wall Street, the broader world of finance and non-health care industries. Passion for the advancement of the organizations mission. Project management skills, with extreme attention to detail. The ability to accurately identify problems and apply strong problem-solving skills to obtain resolution. Self-motivation and drive. Willingness to work as an integral member of a relatively small, close-knit team and willing to take on a broad range of tasks as needed. Excellent time management skills. Sharp HealthCare is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender, gender identity, sexual orientation, age, status as a protected veteran, among other things, or status as a qualified individual with disability or any other protected class #EC