Cash Management Sr Financial Analyst

Where Youll Work

Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nations largest nonprofit Catholic healthcare organizations CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2300 clinics care sites and 137 hospital-based locations in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157000 employees 45000 nurses and 25000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care community benefits and unreimbursed government programs. Together with our patients physicians partners and communities we are creating a more just equitable and innovative healthcare delivery system.

Job Summary and Responsibilities

This position is responsible for the daily tactical operations of the centralized cash management program of CommonSpirit Health. Responsibilities include related cash management reports other financial analysis as needed initiation of all wires / ach customer service and bank account management. This position will interact with a diverse range of bank professionals internal financial staff management and divisional markets.

• Performs all responsibilities related to the operations of the centralized cash management program (CMP) including : daily cash positioning production of daily and final in-house bank (IHB) statements book transfers transactional research month-end processes and cash reconciliation of Cash Management Program and In-House Bank .
• Responsible for auditing and initiation and / or approval of all wires and ACH intercompany payments (dual authorization required) into the bank portals ensuring that all policies and procedures are followed.
• Serves as liaison between the banks and division markets / hospitals to implement new services and resolve customer service issues and responsible for provisioning and auditing of user access in each bank portal. Will also be responsible for remote deposit provisioning setting up courier service and bank supply orders.
• Owner of the bank account management database including signer maintenance. Will open / close all bank accounts and will complete all bank account service documentation.
• Reviews expenses associated with cash flows such as bank account analysis. Coordinates with bank partners and bank fee vendors on correcting any variances to negotiated pricing.
• Serve as primary contact for all internal / external audits.
• Responsible for the tracking and calculation of interest expense on overdraft / negative cash balances and the preparation of the related intercompany ACH.

The job summary and responsibilities listed above are designed to indicate the general nature of the work performed within this job. They are not designed to contain or be interpreted as a comprehensive inventory of all job responsibilities required of employees assigned to this job. Employees may be required to perform other duties as assigned.

Job Requirements

Required

Language Ability : Intermediate :

Ability to speak effectively before groups of customers or employees of the organization.

Math Ability : High :

Ability to apply concepts such as fractions percentages ratios and proportions to practical situations.

Reasoning Ability : Intermediate :

Ability to deal with problems involving several concrete variables in standardized situations.

Computer Skills :

Must have advanced Excel skills with extensive knowledge of and experience with macros formulas etc.

Preferred

Certified Treasury Professional designation (CTP)

Required Experience :

Senior IC

Key Skills

Cognos,Forecasting,Hyperion,Microsoft Access,Pivot tables,Accounting,Analysis Skills,Microsoft Excel,Financial Analysis,Financial Modeling,Budgeting,Financial Planning

Employment Type : Unclear

Department / Functional Area : Finance

Experience : years

Vacancy : 1