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Treasurer

Treasurer

Boston Children's HospitalBoston, MA, United States
7 days ago
Job type
  • Full-time
Job description

Overview

Position Summary : The Treasurer is a key financial leader responsible for managing and optimizing the financial assets of Boston Children's Hospital and its affiliated entities. This role oversees daily treasury operations while driving strategic financial planning, investment management, and risk mitigation to support the hospital's mission of delivering high-quality pediatric healthcare. Reporting to the EVP, Enterprise Services & System CFO, the Treasurer ensures financial stability and growth, aligning strategies with operational needs and long-term objectives.

Responsibilities

  • Treasury Operations & Financial Management

Lead daily treasury operations, including banking relationships, payment processing, liquidity management, and working capital optimization across the enterprise.

  • Develop and implement financial strategies to support organizational objectives.
  • Oversee cash flow to ensure sufficient liquidity for operations and initiatives.
  • Supervise staff responsible for cash and banking activities.
  • Establish and enforce policies for banking and cash management.
  • Investment Planning & Capital Markets

    • Manage short-term liquidity and investment portfolios in line with institutional policies.

  • Oversee capital market activities, including debt issuance, investor relations, disclosure reporting, and repayment strategies.
  • Monitor and analyze market trends to inform investment and financing decisions.
  • Risk Management

    • Identify and mitigate liquidity and financial risks related to cash and debt management.

  • Lead risk reporting and analysis for executives and the board.
  • Develop contingency plans for potential financial disruptions.
  • Budgeting, Forecasting & Reporting

    • Direct cash forecasts and make investment / borrowing recommendations in collaboration with planning and investment teams.

  • Partner with finance leadership on budgets and long-term forecasts.
  • Ensure compliance with all applicable regulations and standards.
  • Provide timely, accurate reporting to executive leadership and the board.
  • Collaboration & Leadership

    • Partner with hospital leadership, foundations, affiliates, and the investment office to optimize cash and liquidity strategies.

  • Foster a culture of collaboration, continuous improvement, and excellence within the finance team.
  • Maintain strong executive presence and build relationships with key internal and external stakeholders.

    • Required Qualifications

  • BA degree in Finance, Accounting, Business, or a related field; MA degree preferred.
  • Certified Treasury Professional (CTP) designation preferred.
  • 10-15 years of finance experience, including at least 3 years in treasury or an equivalent role within a complex healthcare or multi-entity setting.
  • Proven leadership experience managing teams and complex financial operations.
  • Experience with tax-exempt and taxable capital financing and bond issuance preferred.
  • Strong understanding of banking practices, account structure optimization, investment strategies, and risk assessment.
  • Excellent analytical, problem-solving, and communication skills.
  • Ability to make sound business decisions and lead organizational change.
  • Collaborative leadership style with the ability to inspire and develop high-performing teams.
  • Ability to manage diverse viewpoints and incentives across multiple entities in a complex enterprise.
  • Proficiency with treasury workstations (e.g., GTreasury, Kyriba, Quantum or similar) preferred.

    • Boston Children's Hospital offers competitive compensation and unmatched benefits.

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    Treasurer • Boston, MA, United States

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