Treasury & Risk Manager - Omnicare

Overview

This role oversees treasury and risk management activities for Omnicare as an independent, standalone organization following the sale of Omnicare. The selected candidate will be employed by Omnicare and should be aware that this role will not remain within CVS Health following the transaction.

This position is remote.

Responsibilities

• Direct cash flow management, including forecasting and optimizing cash positions, monitoring bank balances, and ensuring sufficient liquidity for daily operations.
• Develop accurate cash flow forecasts to support financial planning and budgeting, ensuring funds are available for upcoming expenses and minimizing borrowing costs.
• Coordinate relationships with banks, negotiate banking services, manage bank accounts, and oversee wire transfers, account reconciliations, and cash pooling activities.
• Coordinate risk management activities related to corporate insurance programs.
• Assess and mitigate financial risks, including interest rate risk, foreign exchange risk, and credit risk.
• Lead debt financing operations, including monitoring loan covenants, managing debt facilities, coordinating with lenders, and evaluating debt repayment strategies.
• Advise managers on short-term investment options for excess cash, maximizing returns while considering safety and liquidity requirements.
• Provide regular insights and updates on treasury and risk management activity status to internal leaders.
• Ensure compliance with treasury-related regulations and implement internal controls to safeguard company assets.
• Design programs that support cross-functional working capital initiatives to enhance treasury competencies and expand capability scope.
• Participate in capital budgeting, financial modeling, and financial reporting to support organizational financial goals and ensure regulatory compliance.
• Collaborate with senior leadership to develop financial strategies, manage debt and capital structure, and optimize cash management practices.

Requirements

• 5+ years experience managing corporate treasury.
• Experience managing bank relationships, implementing new technologies, and managing cash flows.
• Experience managing bank lending and related monthly reporting such as borrowing base and financial covenant calculations.
• Experience managing corporate insurance programs including property, workers compensation, general liability, cyber and others.
• Certified Treasury Professional (CTP).
• Bachelor’s degree.

Compensation & Benefits

• Pay Range: $60,300.00 - $132,600.00
• This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.
• The position is eligible for a bonus, commission, or short-term incentive program in addition to the base pay range listed above.
• Full-time position eligible for a comprehensive benefits package, including medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources (based on eligibility).

Location

• Remote

Schedule

• Anticipated weekly hours: 40
• Time type: Full time

Application Information

• Application window anticipated to close on: 11/01/2026

Equal Opportunity Statement

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.