Vantive · 14 hours ago
Associate Director, Treasury – Global Cash
Deerfield, IL
Full-time
Onsite
Lead/Staff, Director/Executive
$152K/yr - $210K/yr
10+ years expVantive is a vital organ therapy company focused on extending lives through innovations in kidney care. The Associate Director, Treasury – Global Cash leads the global liquidity and cash management agenda, overseeing cash positioning, forecasting, and treasury operations while partnering with various functions to ensure financial stability and support growth.
Health CareMedicalTherapeuticsWellness
Responsibilities
Delivers outcomes through the management of multiple teams led by Senior Managers; accountable for performance across related units
Owns short‑ to mid‑term (1–3 years) strategy execution and operational direction for global cash management
Resolves complex, unclearly defined issues by looking beyond existing methodologies; implements solutions considering multiple perspectives and future implications
Controls planning, staffing, budgeting, and expense priorities across global treasury operations
Influences change by negotiating and reconciling conflicting objectives across stakeholders and regions
Applies advanced, cross‑functional knowledge to develop new techniques, models, and plans within area of expertise
Develops and implements processes, standards, and operational plans with direct impact on business unit/function results (approx. 15–20%)
Translate global liquidity strategy into annual and quarterly cash plans, KPIs, and playbooks across all legal entities
Lead global cash positioning, liquidity decisions, and deployment of cash; maintain consolidated reporting of unrestricted/restricted cash and short‑term investments
Develop and continuously improve short‑ and medium‑term cash flow forecasts in partnership with FP&A, Tax, Controllers, and regional finance
Manage daily use of credit facilities and short‑term investments, balancing liquidity, cost, and risk; monitor cash conversion metrics (DPO/DIO/DSO/CCC)
Working in close coordination with the in-house bank and regional cash management to effectively utilize cash balances and position cash appropriately
Champion working capital programs with business functions to improve cash generation and free cash flow
Provide leadership to the Senior Manager overseeing the Americas and coordinating global cash activities, including bank funding and pooling structures
Ensure Treasury policies are consistently applied across regions (e.g., account management, signatory controls, in‑house banking/netting) reducing trapped cash and external borrowing
Partner with Tax and Legal on intercompany funding, repatriation, and legal‑entity cash optimization
Coordinate with FX/risk management on hedge settlements and major currency exposures
Lead the Senior Manager responsible for global treasury operations (settlements, payments, confirmations, and coordinating data with accounting reconciliations)
Maintain strong internal controls (segregation of duties, SOX compliance) and audit readiness; remediate findings and continuously strengthen control design
Oversee global bank account master data, user access, and entitlements across banking platforms and Kyriba. Review and minimize portal users and access
Identify and drive operational improvements that reduce manual work, enhance controls, and increase automation
Serve as a key point of contact for relationship banks on cash management, liquidity solutions, and operational performance
Optimize the company’s global banking footprint to support scale and control
Support the Treasurer on financing activities (credit facilities, term loans, bonds, leases) through liquidity analyses and cash planning
Partner with banks on implementation of new technologies (virtual accounts, pooling structures, and payment solutions)
Own the global Treasury Management System (TMS) roadmap and banking connectivity in partnership with IT and Treasury Operations
Drive automation and standardization in cash forecasting, positioning, reporting, and bank data workflows; define data governance and quality controls
Evaluate and pilot new treasury technologies and payment innovations that improve scale, control, and user experience
Lead, coach, and develop a high‑performing team, including two Senior Managers and their teams; set clear expectations, goals, and development plans
Conduct workforce planning, succession planning, and performance management; foster a culture of continuous improvement, risk awareness, and collaboration
Promote diversity, equity, and inclusion; build a strong talent pipeline for treasury and finance roles
Develop and maintain treasury policies for cash management, liquidity, operations, and banking administration; ensure consistent global application
Identify and mitigate operational, liquidity, and counterparty risks; monitor regulatory, banking, and payment developments across jurisdictions
Lead Treasury’s support of internal, external, and SOX audits; ensure timely remediation and sustainable control improvements
Lead treasury components of M&A activity (e.g., cash transition plans, bank account setup, funding structures, and integration of treasury processes)
Sponsor and/or lead enterprise initiatives (ERP/TMS implementations, shared service expansion, working capital programs)
Provide insights on long‑range planning, scenario analysis, and capital structure planning from a liquidity perspective
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics, or related field required
10+ years of progressive corporate treasury experience in a global organization, including direct people leadership of managers
Expertise in global cash management, treasury operations, and banking infrastructure; hands‑on experience with TMS (Kyriba, Quantum, SAP Treasury) and large ERP environments
Demonstrated experience with global bank structures, pooling, intercompany funding, and short‑term liquidity management
Advanced technical knowledge of global cash, liquidity planning, and treasury operations; ability to design new models and processes
Excellent analytical skills, including cash flow modeling, scenario planning, and decision support
Strong controls mindset with SOX experience; proven ability to design and sustain governance
Comfort with treasury systems, ERP platforms, and banking technology; experience driving automation and data quality
Ability to influence senior stakeholders and build strong cross‑functional partnerships across regions and functions
Clear, concise communicator with skill in simplifying complex topics for diverse audiences
Strong prioritization and project/program management skills; continuous improvement orientation focused on efficiency and scale
Preferred
MBA or Master's in Finance preferred
CTP or CFA strongly preferred
Background in manufacturing, med‑tech, life sciences, or similar multinational industries preferred
Benefits
Medical, dental and vision coverage that start on day one
Insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance
Aon Pooled Employer Plan (“Aon PEP”)
Vantive’s 401(k) retirement savings plan
Flexible Spending Accounts
Educational assistance programs
Paid holidays
Paid time off ranging from 20 to 35 days based on length of service
Family and medical leaves of absence
Paid parental leave
Commuting benefits
The Employee Discount Program
The Employee Assistance Program (EAP)
Childcare benefits
Company
Vantive
Vantive US Healthcare LLC specializes in kidney care and organ support therapies with digital solutions.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
unknown2024-08-13Acquired
Recent News
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2025-11-08
2025-11-01
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