Principal, Treasury & Banking

Overview

Due to growth, the organization is adding a Principal, Treasury & Banking to its team.

This role oversees treasury operations, liquidity management, banking relationships, and investment activities to support financial stability, flexibility, and operational efficiency. The position leads day-to-day cash management, liquidity and working capital forecasting, and treasury systems, while supporting prudent financial risk management and strong internal controls.

Working closely with Finance, Accounting, FP&A, and executive leadership, the role ensures treasury strategies and activities align with enterprise financial objectives and support ongoing operations and strategic initiatives. This position serves as the primary point of accountability for external banking and provides reporting and insights related to liquidity, investment portfolio performance, and treasury risk exposure.

Responsibilities

• Manage day-to-day treasury operations, including cash positioning, liquidity forecasting, and working capital management.
• Oversee banking relationships, credit facilities, and treasury service providers.
• Lead evaluation, selection, and implementation of treasury and cash management systems to enhance automation, operational efficiency, and internal controls.
• Manage the organization’s investment portfolio, including coordination with external investment managers, monitoring investment performance, and providing related reporting.
• Develop, maintain, and enhance treasury policies, procedures, and internal controls aligned with enterprise risk management and governance standards.
• Partner with FP&A and Accounting on cash forecasting, budgeting, and financial reporting to support quarterly and annual banking requirements and requests.
• Provide treasury expertise, analysis, and recommendations to Finance and executive leadership on liquidity, banking, investments, financial risk, and other treasury matters.
• Prepare and support Board and executive reporting related to liquidity, investment performance, and treasury risk exposure.
• Support internal and external audits related to treasury, cash management, banking relationships, and investment activities by coordinating documentation, responding to auditor inquiries, and partnering with Finance, Accounting, and Compliance to ensure timely, accurate, and well-controlled audit outcomes.
• Ensure compliance with applicable regulatory, banking, and internal governance requirements, including banking covenants.
• Other duties as assigned.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field, or equivalent work experience, required.
• Master’s degree in Business Administration preferred.
• 8+ years of progressive experience in treasury, cash management, banking, corporate finance, or a related field, required.
• Demonstrated experience managing cash and liquidity, treasury systems, investment portfolios, and banking relationships, required.
• Demonstrated experience providing financial analysis, recommendations, and treasury subject-matter expertise to senior or executive leadership required.
• Participate in, adhere to, and support compliance program objectives.
• Ability to consistently interact cooperatively and respectfully with other employees.

Preferred Qualifications

• Master’s degree in Business Administration

Compensation & Benefits

• Pay range: USD $108,429.00 - USD $135,536.00 /Yr.
• STAR Bonus % (At Risk Maximum): 7.50 - Salaried Non-Management except pharmacists
• Health, Dental, and Vision insurance (top of the industry benefits)
• 20 days paid time off
• 4 weeks paid parental leave
• 9 paid holidays
• 401K company match of up to 5% - No vesting requirement
• Adoption Assistance Program
• Flexible Spending Account
• Educational Assistance Plan and Professional Membership assistance
• Referral Bonus Program – up to $750!

Location

• Remote (US)
• Work schedule: M-F 8am to 5pm

Remote work is available only to residents of: Alabama, Arizona, California, Colorado, Connecticut, Dist. of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin.