Manager, Treasury Operations

What Treasury contributes to Cardinal Health

Treasury is responsible for developing, recommending, and executing financial policy. It sets appropriate capital structure, ensuring that at all times the company has the liquidity to meet its obligations and fund strategic initiatives. Treasury also identifies and manages risks that could erode financial strength. Treasury's key areas of focus include corporate finance, capital markets, financial risk, international treasury, and treasury operations.

  • Demonstrates the knowledge and ability to apply corporate finance theory in the development of capital structure and financial policy recommendations.
  • Demonstrates knowledge of capital markets, economic theory, and banking industry, along with related regulations.
  • Demonstrates analytical, strategic, presentation creation, and spreadsheet modeling capabilities.
  • Develops, negotiates and executes capital market trades and banking services and interprets data to execute strategy.
  • Demonstrates ability to discern key trends influencing the balance sheet and cash flows, manages liquidity to fund business / strategic initiatives, develops long-term financial projections, and recommends financial targets.
  • Exhibits executive presence in the delivery of recommendations to senior management
  • ability to influence and gain buy-in.
  • Demonstrates basic understanding of domestic and international banking transactions and advises on account structure and services.
  • Manages relationships with internal business partners as well as key external parties including banks and rating agencies.

What is expected of you and others at this level

  • Manages department operations and supervises professional employees, frontline supervisors and/or business support staff
  • Participates in the development of policies and procedures to achieve specific goals
  • Ensures employees operate within guidelines
  • Decisions have a short term impact on work processes, outcomes, and customers
  • Interacts with subordinates, peer customers and suppliers at various management levels may interact with senior management
  • Interactions normally involves resolution of issues related to operations and/or projects
  • Gains consensus from various parties involved

Accountabilities

  • Manages Treasury operations with responsibilities for cash and treasury operations, bank account management, short-term borrowing and investments, and short term OCF forecast.  
  • Oversees cash functions, including cash positioning, cash reporting and forecasting, short-term investing and borrowing, wire payments, fraud prevention, bank account setup and maintenance, and bank relationship management.
  • Sets and monitors progress on department goals.
  • Leads and coaches team for career growth.
  • Assesses the products, services, technologies and systems that are available and appropriate for Treasury departments.
  • Oversees all aspects of the company’s financial risk exposures related to cash, short term investments, and short term borrowing.
  • Supports treasury and cash management operations and helps develop strategies to maximize efficiencies, safeguard assets and minimize costs.
  • Conducts borrowing and investing activities.
  • Ensures compliance with internal controls, policies and procedures in day-to-day conduct and supervision of cash management activities.
  • Recommends and implements improvements to current cash management processes.
  • Assists in managing and maintaining company’s banking infrastructure, including bank and brokerage relationships.
  • Assists in preparing and managing annual budgets and forecasts.
  • Identifies cost-saving and profit maximizing opportunities related to treasury.
  • Understands and manages appropriate procedures and processes around month-end and quarter-close activity.
  • Ensures adherence to SOX controls, including record keeping and data testing as requested.
  • Provides financial analysis to executive management.
  • Creates models involving cash flow, projections.
  • Assists with accounting questions and valuation matters.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field, required
  • At least 3-5 years of experience in related Treasury field
  • Experience leading a team, preferred
  • Experience with support of mergers and acquisitions, preferred
  • Knowledge of Microsoft Office Suite
  • Knowledge of SAP Treasury workstation or other workstation applications
  • MBA, preferred
  • CPA, preferred