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.

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 streamline processes.
• Identify and implement best practices to enhance efficiency and accuracy in treasury operations.
• Collaborate with cross-functional teams to integrate new systems and processes.

Reporting Relationships
Position Reports To: Treasury Manager, Assistant Treasurer or Treasurer
Position(s) Supervised: n/a
Alternative Titles: Treasury & Financial Analyst, Analyst Cash/Treasury, Treasury/Risk Analyst, Capital Budget Analyst, Cash & Banking Analyst

REQUIRED SKILLS

• Oversees daily operation, update and improvement of TMS and related modules used for cash planning, cash forecasting, debt, cash accounting, bank fee analysis, investments, and other related Treasury activities.
• Monitors daily cash balances and prepare daily reports on cash activity and liquidity.
• Transfers funds between accounts, as needed, and serve as resource for optimizing payment execution.
• Monitors, analyzes, and develops recommendations related to account fees, investment returns, late fees, cash management.
• Develops and maintains financial analysis and forecasts of corporate cash activity and liquidity.
• Prepares all journal entries and variance analysis related to investments and debt.
• Manages all requirements for month-end close processes and meetings.
• Prepares work papers as required for the year-end audit and other Treasury financial reporting.
• Works with banking services on daily cash management operations, exceptions and resolution.
• Documents and updates current processes and procedures; identifies and implements potential improvements to TMS.
• Maintains current knowledge of relevant administrative policies, department policies, government regulations, accounting standards, and other guidelines.
• Promotes guest relations and open communications and supports the System’s Statement of Values by setting an example and treating everyone fairly and with courtesy and respect.
• Maintains confidentiality of sensitive employee data and patient clinical and financial information.
• Ensures departmental compliance with the Code of Conduct and corporate compliance plan.
• Acts as liaison between Finance and other Memorial departments.
• Performs other related work as required or requested.

QUALIFICATIONS

Education
Bachelor’s degree in finance, accounting, economics or related field required
MBA preferred
Relevant Certifications

KNOWLEDGE REQUIRED

• Ability to quickly understand complex transactions
• Knowledge of the banking industry and technical knowledge of bank products and foreign exchange
• Knowledge of regulatory compliance and internal controls for treasury functions
• Ability to apply finance and treasury principles
• Advanced Excel skills
• Proficiency with TMSs and ERP systems
• Proficiency in accounting

EXPERIENCE REQUIRED

2-5 years of experience in treasury, finance, accounting or related roles
Experience with TMS and banking portals preferred

Skills and Abilities

• Communication and presentation
• Ability to work collaboratively and multitask in a fast-paced environment
• Effective at planning and priority setting
• Must be well organized and detail-oriented
• Interpersonal skills
• Critical thinking and analytical skills, including the ability to analyze data, identify trends and recommend actionable strategies

Please refer the Job description for details