Treasury Director

The Director of Treasury is responsible for overseeing the company's treasury and accounts payable functions. This role involves managing the company's cash flow, ensuring liquidity, optimizing investments, managing the company's line of credit, and leading the accounts payable team to ensure timely and accurate payments.

• Treasury Management: Develop and implement treasury policies and procedures to ensure effective management of cash and investments.
• Cash Flow Management: Manage company's cash flow; ensuring sufficient liquidity to meet operational needs.
• Investment Strategies: Optimize investment strategies to maximize returns on surplus funds while minimizing risk.
• Banking Relationships: Maintain banking relationships and negotiate banking services and fees.
• Cash Position Forecasting: Complete ongoing forecasting and analysis of long-term cash needs.
• Debt and Credit Facilities: Oversee management of debt and credit facilities, ensuring compliance with covenants.
• Currency Risk Management: Develop and implement strategies for currency risk management and hedging activities.
• Treasury Reporting: Prepare and present treasury reports to senior management.

• Accounts Payable Function: Oversee the accounts payable function, ensuring timely and accurate processing of invoices and payments.
• Policies and Procedures: Develop and implement policies and procedures to streamline accounts payable processes and improve efficiency.
• Vendor Relationships: Manage vendor relationships and negotiate payment terms and discounts.
• Payment Issues: Resolve escalated payment issues and disputes with vendors.
• Team Supervision: Supervise, mentor, and develop the accounts payable team.

• Education: Bachelor's degree in Accounting or Finance.
• Experience: Plus a minimum of 10 years progressive experience within Treasury and/or Accounts Payable.

This position is a Hub role, which requires an employee to occasionally come onsite to the designated office - Minnetonka, MN or Madison, WI - for applicable heads-up work. The full salary range for this position is $124,600 - $213,600. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to base compensation, this position may be eligible for incentive plan compensation in addition to base salary. Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.