Job Description :
Launch Your Career with Cook Systems
Ready to elevate your career? Cook Systems, a certified veteran owned IT consulting firm, has been transforming businesses and careers since 1990. Whether you're aiming to work with a Fortune 500 company or a small business, we've got you covered.
Our core values: integrity, investment, and innovation drive everything we do, ensuring you grow and succeed in a dynamic, supportive environment. We understand the importance of work life balance and personal growth. Our cutting edge IT consulting partners and FastTrack talent program are designed to help you excel.
Join our forward thinking team where excellence and creativity are valued every day. Check out what our associates have to say on Glassdoor. Ready to take your career to new heights? Cook Systems is where your journey to success begins!
Position Requirements:
o Bachelor's Degree in Accounting or Finance and 8+ years of experience required. Master's Degree preferred.
o Requires significant knowledge in Treasury, Banking, working capital and cash flow management, Financial Accounting Standards Board (FASB) and Generally Accepted Accounting Principles (GAAP).
o Experience in Not-for-Profit organizations highly preferred.
o CTP or CPA License highly preferred.
As a key member of the Finance leadership team, the Sr. Director of Treasury will manage all financial resources including the annual collection of ~$2.5B in donations, managing and investing ~$600M in working capital, and $1B of transfers to the hospital and millions of dollars in transfers to the Investment Portfolio. Using advanced knowledge of treasury, accounting, audit and investing, this role directs the Treasury team to manage banking relationships, cash conversion cycle, short term investing, cash optimization through forecasting, and borrowing strategies.
Position Details:
o Directs a team of individual contributors, bankers and investors to manage the daily activity including relationship management, regulatory compliance and efficient/effective day to day treasury operations.
o Considering the mid-term and long term future performance of the organization, this role will lead the optimization of cash resources through forecasts of future financial position by analyzing the organization's financial records, managing ~$600M of working capital and $1B transfers to the primary investment portfolio to ensure there is adequate funding for fundraising operations and supporting the daily needs of the SJCRH mission (Cash optimization).
o Develops detailed cash flow reporting and analysis including draws from the hospital and excess cash from operations to ensure short and long-term funding needs are met. Reports and recommendations are prepared for Board members, Executives, the Audited Financial Statements and IRS form 990 to ensure compliance with Board authorizations, the effective and efficient use of internal controls and accurate recorded transactions to mitigate financial risk.
o Manages the cash conversion cycle including analysis and review of all operating cash, including all forms of donations and disbursements (Credit Card payments and donations, lock box operations, multiple Fintech platforms, cash and wire transactions).
o Directs the external lines of credit, monitors rates and analyzes the amounts needed to provide optimal overnight lending rates. provides recommendation on use of lines of credit and access to borrowing.
o Ensures an efficient and effective banking structure to support the organization's overall operations through overseeing operational and strategic projects including acceptable forms of collection such as crypto currency, cash apps, wire transfers, on-line payment methods and any other new payment types that evolve over time.
o Strategically manages excess cash from operations in the form of short-term investing, collaborates with the Investments team to ensure medium and longer term cash needs are met.
o Lead the execution of working capital strategies and banking solutions for the organization that drive improved cash forecasting and risk management of the collection process for all donations.
Below are a few Q&A from the Sr. Director role to support your search efforts: This would also apply to the Director role.
? Scope of Leadership: Size and composition of the Treasury team this person will directly manage (e.g., number of direct reports, mix of analysts vs. leaders, etc.)? 9 total (not including Sr Dir); one Director of Treasury, 3 Treasury Analyst II (report to Director), 2 Sr. Advisors, 1 Treasury Analyst I, 1 Data Analyst II, 1 Lead Analyst; managing 1 leader with remainder of team mix of analysts with varying experience
? Strategic vs. Operational Balance: How much of the role?s focus should be on day-to-day treasury operations (cash flow, banking relationships) versus strategic initiatives such as long-term liquidity planning, borrowing strategy, or investment coordination? Ideally 75/25 Strategic vs Operational, but will require heavier Operational mix in early days
? Technology & Systems: Are there specific treasury management systems (TMS), ERP platforms, or reporting tools currently in use at the organization that the ideal candidate should have experience with? BlackLine, Trovata, Oracle Fusion
? Hybrid vs. Onsite Expectation: Since the position is based at the National Executive Office, is it expected to be fully onsite, or is a hybrid schedule acceptable after relocation? Treasury team adheres to hybrid (3 in, 2 remote) policy
Why Work with Us
Benefits
At Cook Systems, we don't just offer jobs we build futures. Our team is the heart of everything we do, and we're committed to supporting you with benefits that go beyond the basics. We want you to feel secure, valued, and empowered from the very beginning of your journey with us. When you join Cook Systems, here's what you can look forward to:
Your Health, Your Way: Choose from two comprehensive medical plans through Blue Cross Blue Shield, complete with dental and vision coverage. With access to one of the nation's largest networks, you'll get the care you need for yourself and your family wherever life takes you.
Peace of Mind, Every Step of the Way: Protect what matters most with life, critical illness, and accident insurance through Unum. Because your loved ones deserve security no matter what the future holds.
Flexibility for Life's Needs: Save money and plan ahead with a Flexible Spending Account and Daycare FSA through Navia, helping you manage healthcare and dependent care expenses on your terms.
Bridging the Gaps: Unexpected costs? No problem. Our Health Gap Insurance through Sunlife helps ensure you're covered when it counts.
Your Future Starts Now: Dream big with our 401(k) retirement plan through The Standard. After just six months, you will be eligible to participate, because your future deserves a strong foundation.
At Cook Systems, you're not just another employee you're family. Here, your ideas matter, your contributions shine, and your career will thrive. Together, we innovate, grow, and celebrate success every step of the way. Are you ready to be part of something bigger? Let's build the future together at Cook Systems.