Company Statement
For the last 80 years, EmblemHealth has been taking care of New York’s heart and soul, its people. Today, health care is more complex than ever. That’s why we’re at the forefront of change. We work alongside our customers to offer access to high-quality, affordable care, help navigate the health care experience, and make good health achievable; because everyone deserves to be taken care of. We deliver on our mission every day by living our values with our colleagues, members, clients and partners. It begins with caring and respecting all those we work with. We believe a culture of diversity and inclusion is vital to serve our unique and diverse customers. We seek for continues improvement and innovation and believe being agile and nimble is our advantage. We bring a strong sense of partnership to every relationship – internally and externally. The EmblemHealth family of companies offers competitive health, welfare, and retirement benefits as well as incentive pay plans and more.
To protect the health and safety of our workforce, members, patients, and the communities we serve, the EmblemHealth family of companies require all new employees to be fully vaccinated for COVID-19. Exemption/reasonable accommodations may be granted because of 1) a qualifying medical condition or disability that makes getting the vaccine unsafe for the individual, or 2) objection on the basis of sincerely held religious beliefs and/or practices.
Director, Treasury
Summary of Position
• Direct and develop the Liquidity Management & Forecasting, Treasury Operations, and Remittance Processing functions.
• Work directly with the Treasurer to continually evolve the company's Treasury function towards best-in-class status, with innovative and responsive processes, solutions and reporting.
• Recommend and execute improvements to department processes.
Principal Accountabilities
Liquidity Management
• Accountable for cash flow forecasting including the enhancement of cash flow forecasting tools to assist in the
management and optimization of corporate liquidity.
• Review forecasts and analyze variances to identify potential actions and improvements to the company’s liquidity
position.
• Establish and maintain strong relationships with internal business partners.
Treasury Operations
• Provide supervision to the daily funding and EFT processing functions.
• Manage bank account administration; maintain list of authorized signers with periodic review and updates as needed.
• Manage banking relationships, ensuring the optimal banking infrastructure for the company.
Remittance Processing
• Provide supervision to the remittance processing function.
• Ensure the timely and accurate financial reporting of cash received.
• Assist in addressing and resolving any issues that arise in the daily processing of customer receipts.
• Collaborate with the Treasurer in planning company-wide and departmental long-term and short-term strategic goals.
• Update and maintain departmental policies and procedures manual along with all required process narratives.
• Ensure that controls are in place that protect EmblemHealth from processing delays, financial loss and/or customer
service issues.
• Manage activities and professional development of all direct reports, as well as provide counsel to indirect reports
setting goals, providing ongoing training and maintaining strong employee relationships.
Qualifications:
• Bachelor’s Degree in Finance, Economics, Accounting, or related field of study
• Certified Treasury Professional “CTP” preferred
Relevant Work Experience, Knowledge, Skills, and Abilities
• 10 – 12+ years of relevant professional work experience (R)
• Treasury experience with a deep knowledge of key Treasury concepts and a demonstrated growth in experience and responsibilities (R)
• Experience working with Kyriba or other treasury workstations (R)
• Ability to think strategically and serve as a thought partner for enterprise level vision and goals (R)
• Effective team player with proven track record of collaboration and coordination with other business areas (R)
• Proven track record of driving process improvement (R)
• Outstanding attention to detail; analytical and problem-solving skills (R)
• Proficient with MS Office (Word, Excel, Access, PowerPoint, Outlook, etc.), with expertise in Excel (R)
• Ability to engage and inspire internal and cross functional teams (R)
• Ability to develop, cultivate and maintain relationships internally and externally (R)
• Excellent communication and presentation skills (verbal, written, presentation, interpersonal, relationship building) (R)
Pay Disclosure
A good faith estimate of the compensation range for individuals hired to work for the EmblemHealth Family of Companies is provided. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate’s work experience, education/training, internal peer equity, and market and business considerations. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. It is not typical for an individual to be hired at or near the top of the range, as compensation decisions depend on each case’s facts and circumstances. Union roles covered by a collective bargaining agreement will compensate in accordance with the union contract.
EEOC Statement
We are committed to leveraging the diverse backgrounds, perspectives, and experiences of our workforce to create opportunities for our people and our business. We are an equal opportunity/affirmative action employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity or expression, pregnancy or related condition, marital status, national origin, disability, protected veteran status or any other characteristic protected by law.
Sponsorship Statement
Depending on factors such as business unit requirements, the nature of the position, cost and applicable laws and regulations, EmblemHealth may provide work visa sponsorship for certain positions.