Manager, Debt and Treasury

About the role

Our team members are the heart of what makes us better. At Hackensack Meridian Health, we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members who oversee the debt portfolio, ensure compliance with debt covenants and Municipal Securities Rulemaking Board (MSRB) regulations, and assist with all treasury functions for Hackensack Meridian Health (the 'Network' or HMH). This hybrid role requires in-office attendance in Iselin the second Tuesday of each month and involves supervising a team of two.

Responsibilities

• Manage financial covenant requirements.
• Manage ongoing municipal market disclosures to satisfy MSRB regulations.
• Develop annual interest expense budgets.
• Prepare IRS Form 990, Schedule K - Supplemental Information on Tax-Exempt Bonds.
• Report financial/operational data to various banks and state agencies.
• Maintain effective relationships with investment advisors and custodians for all investments of the Network.
• Ensure all debt transactions and the allocation of interest expense are accounted for properly on a monthly basis.
• In conjunction with the Director, ensure investment portfolios remain in line with investment policy targets; suggest and make adjustments through recommendations to management as necessary.
• Partner with investment advisors, custodians, and managers to execute transactions for the Network's balance sheet asset portfolios and its retirement plan portfolios.
• Partner with the Finance team to ensure excess cash on hand is appropriately invested in accordance with internal policies.
• Safeguard all investments to ensure they are accounted for properly on a monthly basis.
• Assist with organizing internal reports for the investment committee and other meetings with investment advisors.
• Assist with internal and external audit inquiries related to investments for the Network.
• Oversee staff in reviewing and approving monthly journal entries across the Network.
• Perform other duties and/or projects as assigned.
• Adhere to HMH's competencies and standards of behavior.

Requirements

• Bachelor's degree in Business, Finance, Accounting, or a related field (required).
• Minimum of 5 years of demonstrated experience in Finance/Treasury.
• Knowledge of spreadsheet programs (e.g., Excel).
• Knowledge of generally accepted accounting principles (GAAP).
• Demonstrates initiative and a sense of urgency.
• Disciplined approach to strategic initiatives, business projects, and day-to-day activities.
• Ability to analyze and comprehend complex information, as well as convey complex materials to senior management.
• Comfortable dealing with both complexity and ambiguity, with the ability to explore multiple solutions to a problem.
• Strong analytical, critical thinking, and problem-solving skills.
• High degree of financial acumen (finance and economics).
• Excellent interpersonal and communication skills (written, verbal, and presentation).

Preferred Qualifications

• Experience with Oracle PeopleSoft systems.
• Master's in Business Administration (MBA).
• Prior experience managing a Finance/Treasury team.
• Certified Public Accountant (CPA) or Certified Financial Analyst (CFA) certification.

Pay

Minimum base pay of $133,120 annually. The posted rate of pay is a reasonable good-faith estimate of the minimum base pay for this role at the time of posting and does not reflect the full value of our market-competitive total rewards package. The starting rate may vary based on labor market data, experience, education, certifications, skills, geographic location, internal equity, budget, and grant funding. Some roles may also be eligible for performance-based incentives, bonuses, or commissions not reflected in the starting rate, as well as shift differentials for evening, night, or weekend shifts.

Benefits

Hackensack Meridian Health offers a comprehensive benefits package for full-time and part-time (20+ hours/week) employees, including:

• Health, dental, and vision coverage.
• Paid leave.
• Tuition reimbursement.
• Retirement benefits.