Senior Director Treasury, Tax and Disbursements

Senior Director Treasury, Tax, and Cash Disbursements

Children's Hospital of Philadelphia (CHOP) offers countless ways to change lives. Our diverse community of more than 20,000 Breakthrough Makers will inspire you to pursue passions, develop expertise, and drive innovation. At CHOP, your experience is valued; your voice is heard; and your contributions make a difference for patients and families. Join us as we build on our promise to advance pediatric care-and your career.

CHOP is committed to building an inclusive culture where employees feel a sense of belonging, connection, and community within their workplace. We are a team dedicated to fostering an environment that allows for all to be their authentic selves. We are focused on attracting, cultivating, and retaining diverse talent who can help us deliver on our mission to be a world leader in the advancement of healthcare for children. We strongly encourage all candidates of diverse backgrounds and lived experiences to apply.

A Brief Overview

This strategic role will oversee the Treasury, Tax, and Cash Disbursements functions, including accounts payable (AP) and payroll, ensuring sound financial management, compliance, and operational efficiency. This is a CHOP Enterprise level role that will engage with the Hospital, Research, Practice Plans, Foundation, and Corporate Services. The Senior Director will play a critical role in managing the Enterprise's liquidity, tax compliance, and disbursement processes. This position will collaborate closely with various departments, including within Finance and Operations, to ensure timely and accurate processing of payments, adherence to tax regulations, and the effective management of cash resources. This leader will need to ensure the financial sustainability of CHOP through effective cash management, risk mitigation, regulatory compliance, and process optimization.

What You Will Do

Treasury Management :

• Oversee the hospital's cash management function, ensuring the effective monitoring of cash flow, cash positioning, and liquidity management.
• Develop and implement cash management strategies, including short-term and long-term plans of finance. Maintain cash projections that align with the finance long term plan.
• Manage banking relationships, negotiate terms, and optimize credit lines, commercial paper, and bank services.
• Ensure bond and debt compliance is maintained.
• Develop and monitor treasury policies, procedures, and controls to ensure compliance with regulatory requirements and best practices.
• Ensure the effective use and maintenance of treasury information systems, supporting accurate cash management, forecasting, and reporting.

Tax Compliance & Strategy :

Cash Disbursements (Accounts Payable & Payroll) :

Leadership & Team Management :

Strategic Financial Leadership :

Education Qualifications

Bachelor's Degree Accounting, Finance or related field preferred.

Required Master's Degree Accounting, Finance or related field preferred.

Experience Qualifications

At least ten (10) years related Treasury work experience. Required

Skills and Abilities

Deep understanding of treasury management, tax regulations, and nonprofit financial operations.

Strong leadership abilities with experience managing and developing teams.

Analytical and problem-solving skills

Strong oral and written communication skills.

Licenses and Certifications

Certified Public Accountant (CPA) - State Issued - upon hire - Preferred

Certified Treasury Professional - Association for Financial Professionals - upon hire - Preferred