Cash Forecasting Manager

Summary

Develop cash forecasting models to ensure adequate liquidity. Work with business areas across the enterprise to understand the impact of business activity on the cash flow forecast. Perform financial modeling that links cash activities to the financial statements and general ledger. Provide leadership and help to develop team members.

Responsibilities:

• Perform and provide oversight for the cash positioning and forecasting process across each legal entity.

• Partner with the business areas to develop and maintain the forecast.

• Maintain regular information flow with points of contact in the business and support areas.

• Perform regular variance analyses to proactively identify differences and improve the forecast.

• Work with the Director, Treasury to develop liquidity optimization strategies that maximize investment income.

• Utilize the cash forecast to monitor indicators of future cash shortages and recommend appropriate liquidity contingency actions.

• Examine daily, monthly and YTD results compared to plan and forecast.

• Provide accurate and timely financial information to senior management to make informed business decisions.

• Prepare findings/reports and clearly discuss all variance narratives to management.

• Ensure adherence to Treasury policies, controls, and compliance.

• Recommend, implement, and maintain process improvements including automation.

• Participate in special projects as needed.

Qualifications:

• Bachelor’s Degree, preferably in Accounting, Finance or related/equivalent.

• CTP certification preferred

Relevant Work Experience, Knowledge, Skills, and Abilities:

• 5 – 8+ years relevant professional work experience required

• 5+ years’ experience in cash management positions of increasing responsibilities required

• Experience in a healthcare environment preferred

• Knowledge of/experience with automated finance systems, processes, and methodologies required

• Analytical skills and the ability to develop process plans required

• Strong communication skills (verbal, written, presentation, interpersonal) with all types/levels of audiences required

• Proficiency with MS Office (Word, Excel, Access, PowerPoint, Outlook) required

• Ability to develop and deliver financial reports that effectively convey accurate information to senior management required