Treasury Financial Analyst II

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

• Bachelor's degree in Finance, Economics or Accounting.
• 3 years of experience in banking, treasury, cash management, consulting, or project management.
• Advanced MS Excel skills including: modeling, regression analysis, formulas, graphs, advanced macros.
• Experience with cash/bank management systems, Treasury Workstation, Treasury Management Systems (TMS) software platforms.
• Experience with cash management, forecasting, and internal controls.

• MBA degree.
• CTP, CPA, or FP&A designation.
• Investment or cash accounting experience.
• Treasury Workstation and bank software experience.
• Prior treasury, banking or investment operations experience.

~ KEY RESPONSIBILITIES ~

Cash Forecast and Analysis

• Support capital efficiency decisions and strategy determined by treasury managers and directors.
• Responsible for forecasting, cash flow analysis and modeling (develop and interpret data used in highly impactful treasury and company initiatives). Gather, interpret, and prepare cash flow projections. Analyze and report adequacy of liquidity. Support the development and maintenance of a 1-30 day operating liquidity forecast and a 13 week short-term cash forecast. Develop effective cash management and forecasting systems and tools to reliably forecast and stress test cash so that strategic options can be analyzed. Develop and perform attribution analysis identifying and trending key business drivers of cash sources and uses. Work closely with business units to obtain credible cash flow forecasting information and reporting.
• Monitor and report compliance both internally and externally for cash consolidation statutory compliance.
• Analyze short-term FHLB borrowing needs and communicate them to treasury management.
• Perform back office support as assigned for HCSC Enterprise In-House Banking, netting, and pooling.
• Conduct quantitative and qualitative analysis. Develop cogent findings, conclusions and recommendations. Develop and deliver useful reports and information to treasury operations cash management.
• Support in Treasury Department development activities and collaborate across departments and divisions to bring cohesive solutions to the HCSC enterprise to meet treasury, cash, and working capital goals.
• Support Treasury Department primary responsibilities serving both internal and external clients as assigned.
• Partner with treasury management on ad hoc analyses, special projects and executive meeting preparation.

Treasury Cash Management and Control

• Responsible for cash flow in all bank accounts ensuring that funds are available to cover obligations. Maintain records of deposits, disbursements, and transfers of cash.
• Lead treasury workstation activity to review and analyze daily cash positions within bank accounts and custody accounts. Employ various bank and internally developed tools and techniques to compile and summarize cash transaction information.
• Monitor treasury workstation and banking systems ensuring maintenance of security and controls. Initiate and/or approve electronic fund transfers between internal HCSC and its subsidiaries bank accounts. Create set-ups for new electronic transactions.
• Coordinate and work closely with superiors and Short Term Investment Management personnel to maximize the excess funds are invested to maximize return commensurate with future cash requirements.
• Train others on systems, processes and procedures. Cross train with other areas within Treasury to not only back-up when necessary but gain an appreciation and understanding of their duties and responsibilities.
• Ensure all cash transactions are recorded to the appropriate general ledger account. Ensure strong internal cash control procedures are operating effectively by balancing bank recorded activity to cash worksheets, sub-ledgers and general ledger accounts. Research internal and bank information. Create or produce reports related to cash and bank activity.
• Assist and work closely with Financial Reporting area as part of their monthly bank reconciliation process and procedures.
• Assist in the management and control of electronic fund transfers to and from third parties. Assist in the development and maintenance of a companywide process and procedures designed to facilitate well controlled and documented electronic fund transfers (i.e. disbursements and collections). Insure hierarch approval process commensurate with current authorization guidelines.

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Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plansubject to the terms and the conditions of the plan.

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

Exact compensation may vary based on skills, experience, and location.