Accounting Manager, Treasury

Job Description:


Manage all treasury functions of the Children's Health Care System including investments, trusts, annuities, capital structure, debt, and interest rate risk management, risk financing, cash management and banking relations in order to maximize earnings from its financial resources, optimize available working capital and to comply with bond covenants.

Oversight of investment operations. Ensure contract payments, capital calls, interest payments, investment management & custodial fees are paid on a timely basis. Develop polices, standards and controls to safeguard investments; maintain appropriate subsidiary ledgers; oversee cash management; evaluate "realize-ability" of investments considering current market values; coordinate/record receipt & sale of real property, securities, & other investments and to ensure that inter-company balances are appropriately processed.

Collaborate with Foundation staff to prepare and record annuities, pay annuitants, prepare required filings with the IRS and State Insurance Commissioner. Work closely with actuaries and other experts to determine appropriate valuation methodologies. Establish, implement and record trusts, coordinate disposal of trust assets, coordinate payment of expenses; invest assets, prepare tax filings, maintain related files, pay beneficiaries and prepare correspondence. Work closely with internal legal and external staff as required to develop and review trust arrangements.

In a coordinated effort with the Investment Director, oversee investment compliance, including review of investment management agreements, establishing required investment accounts, rebalancing investments, determining appropriate reporting requirements and monitoring custodial relationships to ensure compliance with investment policy and to maximize stewardship of financial resources.

Oversee administration of municipal bond issues, including draw-downs, project fund investing and project monitoring. Ensure debt balances, interest payments and swap agreements are accounted for timely and accurately. Monitor and assure compliance with all bond and other covenants. Ensure that bond proceeds are properly accounted for and deployed in accordance with bond documents.

Responsible for treasury accounting including reconciliation of agency-managed account statements to general ledger; accrual of investment management & custodial fees; record bond discounts & premiums and accrued interest. Oversee accounting for the endowment, pledges, annuities, and operational investments.


Required Education/Experience: - Bachelor's Degree in Accounting, Finance or related field. - Minimum of four years experience in accounting. Required Credentials: - CPA designation. Preferred: - Relevant healthcare experience. - Treasury experience (including alternative investments, variable rate debt and swap transactions). - Experience managing teams.

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