Primary Location:

Med Plaza II - UMC

Address:

250 E Liberty Louisville, KY 40202

Shift:

Job Description Summary:

UofL Health is a fully integrated regional academic health system with five hospitals, four medical centers, nearly 200 physician practice locations, more than 700 providers, the Frazier Rehab Institute and Brown Cancer Center.
With more than 12,000 team members—physicians, surgeons, nurses, pharmacists and other highly skilled health care professionals—UofL Health is focused on one mission: delivering patient-centered care to each and every patient each and every day.

Job Description:

Summary

Supports the organization's liquidity, financial risk management and funding needs by monitoring cash flow, optimizing investment strategies and managing banking relationships. Produces reports to aid in the forecasting of cash needs for the business and assists with other treasury functions to ensure the organization's financial health and compliance with internal policies. Manage and analyze organization's financial activity.  

The Treasury Analyst completes 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,  and accounting journal entries and reconciliations. Oversees the cash concentration and planning for funding payroll and taxes, accounts payable pay mode and checks, principal and interest payments on debt. 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.
In addition, responsibilities include completion of all month-end accounting entries, Treasury cost center allocations, posting of investments returns and corporate debt, , bank reconciliation reporting, review and correction of bank exceptions, and 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 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 Analyst is involved in preparation of materials Finance 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 Assistant Treasurer. The position directly assists Assistant Treasurer in the evaluation, review, update, and maintenance of banking services, systems and processes.

Primary Functions and Essential Responsibilities
Cash Flow and Liquidity Management
•    Monitor daily cash flow and ensure adequate liquidity to meet short-term and long-term obligations.
•    Forecast cash requirements and prepare variance analyses for management review.
•    Optimize cash utilization by managing payments, collections and fund transfers efficiently.
Banking and Investment Activities
•    Maintain relationships with banks and financial institutions to negotiate terms and resolve issues.
•    Execute and monitor investment activities, ensuring alignment with company policies and risk tolerance.
•    Support the implementation and management of bank accounts, credit facilities and other financial instruments.
•    Maintain bank account documentation, online banking platforms, authorized signatory records and legal documentation related to SOX requirements.
•    Assist in executing standby letters of credit, export letters of credit, performance bonds and similar instruments.
Financial Risk Management
•    Assist in identifying, analyzing and mitigating financial risks.
•    Support the execution of hedging strategies and monitor their effectiveness.
•    Prepare reports on risk metrics and compliance with treasury policies.
Reporting and Compliance
•    Prepare and deliver treasury-related reports, including cash position summaries, debt compliance and investment performance.
•    Ensure compliance with SOX, GAAP and regulatory requirements for treasury operations.
•    Maintain accurate and up-to-date documentation for audits and internal reviews.
•    Provides information in connection with the external and internal audits and monitors cash management activities to ensure compliance.
Process Improvement and Technology
•    Leverage TMSs and ERP platforms to