This position reports directly to the Director of Investments and is a System level position. This position requires a bachelor's degree in either accounting or finance. The position is a Financial Analyst in the Treasury Department and can be assigned responsibilities related to investments, debt, or cash management based on the department's need. This associate will be an active participant on the Treasury team to help in the continuous effort to improve the efficiency and quality of the department.
Mission/Ministry -- Model behavior that is consistent with the Mission, Core Values and Vision of CHRISTUS Health.
Business Literacy -- Understand the health care environment with its challenges and opportunities.
Interpersonal Relations -- Promote collaboration, open communication and team spirit.
Continuous Improvement -- Develop individual knowledge and skills and improve CHRISTUS' processes, systems and performance.
Performance Effectiveness -- Perform quality work, take initiative and accept responsibility.
Customer Focus -- Seek customer feedback to improve services.
Overview: This position is an entry level position in Treasury and will support all three treasury functions: Investments, Cash, and Debt Financing. The associate will have permanent assigned duties related to all three areas, however they will have the opportunity to have a more detailed focus on each treasury discipline through a rotation process.
Complete a daily report summarizing investment and cash balances from the previous day for distribution to CHRISTUS Health executive team.
Maintain and improve the excel model used to evaluate Lease vs. Buy decisions across the health system. Using the excel model, enter the relevant information in order to recommend the appropriate course of action. Document all information related to these analyses.
Perform analysis on current and prospective investment managers to aid in the decision process of hiring/terminating/retaining investment managers across all asset classes including equities, fixed income, hedge funds, private equity, and other alternative investments. Summarize and present findings to Director of Investments.
Monitor alerts on all current and prospective investment managers for any material events. Utilize Bloomberg, online publications, white papers, and investment manager letters to monitor the market and notify Director of Investments of potential areas of opportunity and risks that could impact the portfolio.
Assist in the preparation of monthly investment performance reporting for distribution to Vice President and CFO.
Assist in the preparation of reporting requirements of the investment department. Includes reports related to internal accounting, tax filing preparation, external audit, and various other reporting.
While the focus of this position is analytical, there will be an opportunity to participate in high-level discussions related to asset allocation, macro-economic environment, and investment strategy/positioning. Will take part in regular discussions with investment consultant and current and prospective asset managers across all asset classes. The ability to communicate professionally and effectively is critical.
Complete wire transfer requests and check requests for bond fund related activity, including but not limited to, interest and principal payments, letter of credit and remarketing fees, swap payments and other related fees.
Monitors market value and cash flow of swaps and tracks changes in interest rates by preparing weekly reports.
Prepare journal entries and reconciliations for the Bond Fund entity's month end close.
Assist with the preparation of the annual budget for the Bond Fund entity.
Assist with interim and annual audit.
Prepare monthly and quarterly reporting workbooks for internal reporting to Corporate Financial Reporting Department
As time permits and the opportunity presents itself, assist with the coordination of tracking bond financed assets and responding to inquiries and analyses relating to such.
Complete previous day Cash Position Report of bank activity at the System level and provide report to Investments on a daily basis.Assist with setting and monitoring the daily cash position for the entire CHRISTUS system.
Distribute weekly cash flow report for CHRISTUS Health.
Back up Financial Analyst Lead with wire transfer input into CashPro.
Assist with maintenance of Treasury workstation (CMS) database.
Assist with development and maintenance of cash management procedures and guidelines.
Assist in the further development of the cash forecasting process which includes appropriate executive reporting and variance analysis on actual cash flows vs projections.
Assist in research and analysis on various cash management issues.
Assist with setting up users in CashProin maintenance of bank signature cards.
Assist in the evaluation and perform analysis of bank fee structure.