SUMMARY:

The Director of Treasury and Tax directs the strategy as well as operational function of the centralized treasury function for Akron Children’s that includes cash and investment management, debt management and strategy, and the centralized tax reporting function including the quarterly annual tax return preparation for the health system. The Director will need to be comfortable both directing strategy and performing the necessary work The role will have high visibility as it presents material at Board Committees and key external parties, such as rating agencies.

EDUCATION AND EXPERIENCE:

The candidate must possess a four year bachelor’s degree in accounting or finance. An MBA and/or CPA and/or CTP designation is preferred.
The candidate must have five years’ experience working in tax, accounting or treasury capacity.
The candidate must have prior supervisory experience.
Full Time

• Develops, supports, maintains, and oversees the preparation of short-, medium-, and long-term cash forecasts.
• Presents to the Board Committees as needed on relevant topics.
• Oversight of investments within the employee retirement plans.
• Works to implement changes in investment portfolios as approved by applicable positions or Investment Committee. Provides input to finance leadership on appropriate investment structure, policy and procedures.
• Oversees the issuance of cash position report to relevant Finance leadership.
• Ensures optimal liquidity is available to meet all cash needs
• Oversees and maintains the treasury systems
• Oversees and maintains key relationships with banks, investment advisors, financial advisors and similar third party relationships.
• Establishes and maintains policies and procedures for the Corporate Treasury function
• Ensures daily wires and ACHs for multiple bank structures are performed in a safe and secure manner.
• Identifies opportunities to streamline and consolidate the bank account structure.
• Maintains bank account structure.
• Identifies and executes on maximizing yield on operating funds while minimizing undue risk.
• Supports annual audit process related to relevant schedules and footnotes.
• Prepares quarterly and annual EMMA Filings for appropriate and relevant data submitted for accuracy and consistency.
• Assists with the preparation of annual budget to include interest expense, cash sources and uses, non-operating income, etc.
• Directs processes related to issuance of debt.
• Prepares the Form 990s for Akron Children’s and Subsidiaries
• Ensures excise and quarterly tax payments are completed as necessary
• Stays abreast of current IRS Code relative to Children’s operations
• Stays abreast of sales tax requirements relative to operations in the health system.