Mercalis · 18 hours ago
Treasury Lead
United States
Full-time
Remote
Senior Level, Lead/Staff
10+ years expValeris is a life sciences commercialization partner that provides comprehensive solutions across the healthcare value chain. The Treasury Lead will manage cash flow, banking relationships, and financial controls over the Order to Cash process to ensure efficient treasury operations and support strategic decision-making.
Clinical TrialsHealth CareManufacturingMarketingPharmaceutical
Responsibilities
Key Partner to Finance Operations Organization, CFO and Operations leadership to manage program bank transaction flows and balance reporting from program initiation to close down
Develop and ensure adherence to key financial controls in the Order to Cash process
Develop and track key measures in the Order to Cash process to ensure process compliance and accurate financial reporting for cash, revenue and A/R
Manage and drive the collection of Accounts Receivable according to standard internal processes
Ability to find root causes and solutions to cross functional problems related to Order to Cash and client funds
Partner with CFO, SVP/Controller and Vice President, Finance Operations to enable a scalable and reliable team as Valeris grows
Drive automation in the Order to Cash process including new banking/treasury systems implementations and maintenance of critical banking systems controls
Help support and ensure successful partnership with financial institutions and 3rd party vendors. working with Finance; ensure proper controls and process documentation is kept up to date
Drive adherence and discipline into the month end close process
Develop and publish KPI’s on operational effectiveness of Finance Operations function
Directly manage, coach and develop other staff
Ensure all SOPs are followed with consistency
Create and drive treasury operations and strategy
Monitor and manage daily cash position and oversee movement of customer deposits between various financial institutions & accounts to ensure balances adequately support program demands – involves daily transfers and wires related to daily cash and other finance operations movements
Optimize short term liquidity and working capital utilization
Develop and maintain short- and long-term cash flow forecasts and partner with the controller function and partner with operations and finance to improve forecasting accuracy; analyze variances and proactively identify risks/opportunities
Proactively look for innovative treasury products to automate, streamline treasury operations
Manage the process for timely review & approval payment batches for the release of funds for payment of approved patient claims via multiple payment solutions providers (e.g., medical claims payments, virtual & physical debit card payments, checks paid to patients, and other electronic forms of direct payment to health care providers)
Lead the design & implementation of processes that support visibility and ongoing reconciliation of accounts containing restricted cash balances of customer deposits
Lead process automation and system enhancement initiatives in treasury
Ensure treasury processes comply with internal controls and audit requirements
Ensure controls are in place and operating as designed
Prepare daily, weekly, biweekly, monthly cash reports, dashboards and metrics
Analyze bank fees, interest income/expense and treasury KPI’s
Assist the team in the development and maintenance of standard processes for responsibly managing open receivables
Serve as a first point of escalation to the team in support of customer collections
Analysis of prefund balances and partner with operations on corrective actions- provide reporting to VP Operations and CFO every 2 weeks
Manage processes for timely review, approval and payment of Valeris financial obligations to certain vendors who provide benefits/services on our client’s behalf - includes pharmacy claims processors, medical claims processors and other ancillary service providers
Assist Vice President, Finance Operations with regular review of non-standard customer contract requests to ensure Valeris’s financial interests are protected
Support team members with the interpretation and creation of processes required to support existing customer contract terms
Participate in the development, documentation, and execution of policies and procedures
Provide support and schedules for external and internal audits
Manage special projects and perform duties as required
Analyze and report on key customer funds trends
Qualification
Required
Bachelor's degree in accounting, Finance, or related field
10+ years' experience in Treasury and Accounting roles with emphasis in treasury operations (cash management and liquidity planning, bank relationships, cash flow forecasting, daily cash management/operations) and treasury related controls
CPA or certified treasury professional (CTP) required
Audit and internal controls experience required
Strong knowledge of US GAAP, ASC 606, and Accounts Receivable management required
Experience with NetSuite and similar business applications required
Experience establishing effective relationships with business partners, gaining in-depth understanding of needs and a track-record of meeting/exceeding expectations
Experience with working cross-functionally with other departments to execute complex projects to drive efficiencies
Experience identifying weakness in controls and driving to adequate resolution and finding inefficiencies in existing process and success driving improvements essential
Team leadership experience with 5+ years managing a team
Strong Computer Skills, including thorough knowledge Microsoft office products
Including but not limited to the following top essential skills: analytical thinking, detail orientated, problem solving, communication, project management, integrity and risk awareness
Preferred
Pharmaceutical Services background preferred, and an understanding of patient affordability financial operations would be a big advantage
Flexibility to travel as needed is preferred
Benefits
Competitive compensation and 401(k) with company match
Comprehensive health, dental, and vision insurance
Paid time off and paid holidays
Wellness programs and resources to support your physical and mental health
Learning and development opportunities to support your career growth
Opportunities for advancement with a company that supports personal and professional growth
A challenging, stimulating work environment that encourages new ideas
Work for a company that values diversity and makes deliberate efforts to create an inclusive workplace
A mission-driven, inclusive culture where your work makes a meaningful impact
Company
Mercalis
Mercalis is an integrated life sciences commercialization that offers comprehensive solutions across the healthcare value chain.
501-1000 employees
Funding
Current Stage
Late StageTotal Funding
unknown2025-03-12Acquired
2011-05-18Series Unknown
Leadership Team
Scott Dulitz
Chief Executive Officer
Recent News
2026-01-20
2025-07-04
Company data provided by crunchbase