Treasury Manager (Certified Public Accountant)

The Treasury Manager is responsible for overseeing the hospital's treasury operations, ensuring effective cash flow management, liquidity, fund utilization, and safeguarding of financial assets.

DUTIES & RESPONSIBILITIES

Cash Flow and Liquidity Management

1. Develop and maintain daily, weekly, monthly, and annual cash flow forecasts to ensure sufficient liquidity for hospital operations.
2. Monitor the hospital's cash position, bank balances, and available funds to support operational and financial requirements.
3. Recommend cash management strategies to optimize fund utilization and minimize idle cash.
4. Ensure the timely availability of funds for payroll, supplier payments, statutory obligations, capital expenditures, and other operational requirements.
5. Identify potential cash flow shortages and recommend appropriate corrective measures.
6. Coordinate with the CFO in planning short-term and long-term liquidity requirements.

Treasury Operations and Fund Management

1. Oversee the hospital's daily treasury activities, including cash receipts, bank deposits, fund transfers, and disbursements.
2. Ensure accurate and timely processing of authorized payments and financial transactions.
3. Monitor the proper handling, custody, and safeguarding of cash, checks, and other financial instruments.
4. Ensure compliance with approved payment schedules, authorization limits, and disbursement procedures.
5. Oversee petty cash and revolving fund management, including replenishment, reconciliation, and accountability.
6. Review treasury reports and ensure the accuracy and completeness of financial transaction records.

Collection and Revenue Monitoring

1. Coordinate with the Billing, Revenue Cycle, and Accounts Receivable teams to monitor hospital collections and cash inflows.
2. Monitor the collection performance of major revenue sources, including patient payments, HMOs, PhilHealth, corporate accounts, and other institutional payors.
3. Analyze collection trends, outstanding receivables, and anticipated cash inflows to support cash flow forecasting.
4. Coordinate with concerned departments to address collection delays and potential liquidity risks.
5. Ensure timely deposit and proper recording of hospital collections.
6. Recommend improvements in collection processes, cash application, and payment channels to enhance operational efficiency.

Banking and Financial Institution Management

1. Manage and maintain professional relationships with banks and other financial institutions.
2. Coordinate banking transactions, account maintenance, credit facilities, and other treasury-related services.
3. Evaluate banking services, transaction fees, interest rates, and financing arrangements to identify cost-saving opportunities.
4. Recommend appropriate short-term investment or deposit arrangements for excess funds, subject to management approval.
5. Monitor loan obligations, financing arrangements, and repayment schedules, when applicable.
6. Ensure proper documentation and authorized access to the hospital's banking facilities and financial accounts.

Financial Controls and Risk Management

1. Establish, implement, and continuously improve treasury policies, procedures, and internal controls.
2. Ensure proper segregation of duties, authorization protocols, and accountability in all treasury transactions.
3. Monitor financial risks related to liquidity, cash handling, fraud, banking transactions, and unauthorized disbursements.
4. Ensure timely reconciliation of cash and bank transactions in coordination with the Accounting Department.
5. Investigate and escalate discrepancies, unusual transactions, and potential financial control breaches.
6. Support internal and external audits by providing accurate treasury records, reports, and supporting documentation.
7. Recommend preventive and corrective measures to strengthen the hospital's financial controls.

Financial Planning, Reporting, and Analysis

1. Prepare and submit periodic cash position reports, cash flow forecasts, and treasury performance reports to the CFO.
2. Analyze actual cash flows against forecasts and explain significant variances.
3. Provide treasury-related financial insights to support management decisions and operational planning.
4. Participate in annual budgeting, financial planning, and capital expenditure forecasting.
5. Monitor treasury-related financial indicators and recommend strategies to improve cash efficiency.
6. Support financial feasibility assessments for hospital expansion, equipment acquisition, and other strategic projects.

Leadership and People Management

1. Supervise, coach, and evaluate the performance of personnel assigned to Treasury operations.
2. Establish individual and team performance targets aligned with departmental and organizational objectives.
3. Ensure appropriate staffing, work allocation, and continuity of critical treasury functions.
4. Identify training and development needs to improve technical competencies, financial discipline, and operational efficiency.
5. Promote accountability, integrity, confidentiality, and ethical financial practices among team members.
6. Collaborate with other hospital departments to ensure efficient and responsive treasury services.

Regulatory Compliance and Process Improvement

1. Ensure compliance with applicable financial regulations, hospital policies, and internal governance standards.
2. Coordinate with Accounting and other relevant departments in ensuring timely settlement of government remittances and statutory financial obligations.
3. Ensure proper retention, confidentiality, and security of treasury-related financial documents.
4. Identify opportunities for automation and digitalization of treasury processes.
5. Participate in continuous improvement initiatives to strengthen financial efficiency, transparency, and accountability.
6. Perform other related functions as may be assigned by the Chief Financial Officer.

QUALIFICATIONS

• Bachelor's degree in Accountancy, Finance, Financial Management, Business Administration, or a related field.
• Certified Public Accountant (CPA)