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Job Summary

BASIC FUNCTION
HCSC is looking for a dynamic individual to join its Treasury & Investments department! This position is responsible for partnering with treasury leadership to provide input and guidance on capital efficiency and liquidity business issues and to provide strategic financial input and leadership on decision-making issues affecting the line(s) of subsidiary business. Responsible for conducting and documenting treasury forecasting analysis projects, data gathering, manipulation, summarization, and analysis of reports, dashboards, cash throughput activity, trends, and opportunities. Provides treasury management with cash flow reporting and analysis that is used for strategic and tactical decision making. Responsible for working with various levels of management within treasury and the business units to develop, interpret and implement treasury forecasting concepts or techniques related to strategic planning and forecasting to drive business results.

NOTE: this role is located in Chicago IL and is hybrid/flex which requires in-office visibility three days per week, working from home the other two days.

REQUIRED JOB QUALIFICATIONS:

• Bachelor's degree in Finance, Economics or Accounting.
• 3 years of experience in banking, treasury, cash management, consulting, or project management.
• Advanced MS Excel skills including: modeling, regression analysis, formulas, graphs, advanced macros.
• Experience with cash/bank management systems, Treasury Workstation, Treasury Management Systems (TMS) software platforms.
• Experience with cash management, forecasting, and internal controls.

PREFERRED JOB QUALIFICATIONS:

• MBA degree.
• CTP, CPA, or FP&A designation.
• Investment or cash accounting experience.
• Treasury Workstation and bank software experience.
• Prior treasury, banking or investment operations experience.

~ KEY RESPONSIBILITIES ~

Cash Forecast and Analysis

• Support capital efficiency decisions and strategy determined by treasury managers and directors.
• Responsible for forecasting, cash flow analysis and modeling (develop and interpret data used in highly impactful treasury and company initiatives). Gather, interpret, and prepare cash flow projections.  Analyze and report adequacy of liquidity. Support the development and maintenance of a 1-30 day operating liquidity forecast and a 13 week short-term cash forecast.  Develop effective cash management and forecasting systems and tools to reliably forecast and stress test cash so that strategic options can be analyzed. Develop and perform attribution analysis identifying and trending key business drivers of cash sources and uses. Work closely with business units to obtain credible cash flow forecasting information and reporting. 
• Monitor and report compliance both internally and externally for cash consolidation statutory compliance.
• Analyze short-term FHLB borrowing needs and communicate them to treasury management.
• Perform back office support as assigned for HCSC Enterprise In-House Banking, netting, and pooling.
• Conduct quantitative and qualitative analysis. Develop cogent findings, conclusions and recommendations. Develop and deliver useful reports and information to treasury operations cash management.
• Support in Treasury Department development activities and collaborate across departments and divisions to bring cohesive solutions to the HCSC enterprise to meet treasury, cash, and working capital goals.
• Support Treasury Department primary responsibilities serving both internal and external clients as assigned.
• Partner with treasury management on ad hoc analyses, special projects and executive meeting preparation.

Treasury Cash Management and Control

• Responsible for cash flow in all bank accounts ensuring that funds are available to cover obligations.  Maintain records of deposits, disbursements, and transfers of cash.  
• Lead treasury workstation activity to review and analyze daily cash positions within bank accounts and custody accounts.  Employ various bank and internally developed tools and techniques to compile and summarize cash transaction information. 
• Monitor treasury workstation and banking systems ensuring maintenance of security and controls.  Initiate and/or approve electronic fund transfers between internal HCSC and its subsidiaries bank accounts.  Create set-ups for new elec