Senior Treasury Operations Manager
United Therapeutics Corporation
5 hours ago
Remote friendly (Silver Spring, MD)
United States
Corporate Functions
Responsibilities:
- Oversee global cash positioning, forecasting, and liquidity planning across the company and domestic/international subsidiaries
- Serve as secondary approver for disbursements (including foreign currency payments); support bi-monthly disbursement process via cash position reports, SAP payment summaries, expenditure analysis, and memoranda
- Support treasury operations including cash settlements, bank account administration, signatory maintenance, FBAR reporting, and treasury system administration for data integrity
- Monitor short-term investment strategies across external managers and deposit accounts (principal protection, liquidity, yield)
- Perform quantitative analysis of portfolio yield, duration, credit quality, and counterparty exposure; recommend repositioning and investment policy enhancements
- Prepare/maintain monthly and quarterly investment control reports (NAV validation, fair value reconciliation to Refinitiv/FACTSET, impairment assessments, 1940 Act compliance)
- Maintain short- and long-term cash flow forecasts; perform variance analysis vs. actuals for senior leadership
- Partner with FP&A and Accounting on fair value assessment, classification, and GAAP/SEC disclosures (10-Q/10-K tie-outs and footnotes)
- Ensure SOX-aligned internal controls; coordinate SOC 1 reviews, segregation of duties assessments, and audit support
- Coordinate quarterly debt compliance certification, share-based program support, and revolving credit covenant monitoring
- Support financial risk management (interest rate sensitivity, counterparty/credit risk, liquidity risk)
- Develop/maintain liquidity stress-testing models and contingency funding plans; deliver scenario analyses for policy/debt/capital return decisions
- Provide technical guidance and day-to-day support to Treasury team; assist with auditor and audit requests
- Collaborate with Accounting, FP&A, Tax, Legal, and AP; support banking partner/investment manager/auditor relationships
Minimum Requirements:
- Bachelor’s degree in accounting or finance
- 10+ years relevant, progressive experience in corporate treasury/finance/accounting (or 8+ years with a Master’s degree), including investment management, financial risk management, or treasury analytics ownership
- 5+ years building quantitative financial models (interest rate sensitivity, counterparty risk, scenario/stress analysis, portfolio yield optimization) with minimal supervision
- Advanced quantitative/analytical skills; ability to translate complex data into actionable insights for senior leadership
- Strong knowledge of cash management, short-term investments (treasuries, money market funds, commercial paper), and investment policy frameworks (principal protection, liquidity)
- U.S. GAAP expertise for investments, debt, derivatives, and hedging
- Experience designing/operating financial risk management frameworks (interest rate, counterparty/credit, FX, liquidity)
- Ability to identify strategic gaps, build analytical frameworks, drive cross-functional consensus, and implement
- Ability to build liquidity stress testing/sensitivity/scenario frameworks with minimal supervision
- Experience designing treasury KPI dashboards and CFO-level reporting packages
- Advanced Excel modeling (scenario analysis, sensitivity tables, yield analytics, Monte Carlo)
- Hands-on treasury management system experience (e.g., Kyriba, FIS Integrity, or similar)
- High attention to detail, strong ethics/judgment in a SOX-compliant environment
- Collaborative mindset across Finance/Accounting/FP&A/AP/Legal/Tax and external partners
- Exceptional written and oral communication skills
Preferred Qualifications:
- Master’s degree in accounting or finance
- 5+ years at a public pharmaceutical/biotech/life sciences company with excess cash and investment portfolio management responsibilities
- 1+ year supervisory oversight/mentoring experience
- CTP-AFP; CPA; Certified Financial Analyst
- SEC treasury disclosure experience (10-Q/K cash, investment, debt footnotes)
- SOX compliance, internal control design, and audit requirement knowledge
- Experience with Power BI, Tableau, SQL, or Python
- International treasury experience (FBAR, multi-currency cash management, cross-border payments)
- SAP (or comparable ERP) in a treasury context; Clearwater Analytics or similar investment reporting platforms
Benefits/Compensation (as stated):
- Salary range: $133,000–$180,000 per year; eligible for the company’s short-term and long-term incentive programs
- Eligible employees may participate in comprehensive benefits suite (medical/dental/vision/prescription, wellness, 401k and ESPP, paid time off and paid parental leave, disability, and more)
Job Location:
- Hybrid role in Silver Spring, MD; report to office at least three days/week (relocation assistance may be available for non-local candidates)
- Oversee global cash positioning, forecasting, and liquidity planning across the company and domestic/international subsidiaries
- Serve as secondary approver for disbursements (including foreign currency payments); support bi-monthly disbursement process via cash position reports, SAP payment summaries, expenditure analysis, and memoranda
- Support treasury operations including cash settlements, bank account administration, signatory maintenance, FBAR reporting, and treasury system administration for data integrity
- Monitor short-term investment strategies across external managers and deposit accounts (principal protection, liquidity, yield)
- Perform quantitative analysis of portfolio yield, duration, credit quality, and counterparty exposure; recommend repositioning and investment policy enhancements
- Prepare/maintain monthly and quarterly investment control reports (NAV validation, fair value reconciliation to Refinitiv/FACTSET, impairment assessments, 1940 Act compliance)
- Maintain short- and long-term cash flow forecasts; perform variance analysis vs. actuals for senior leadership
- Partner with FP&A and Accounting on fair value assessment, classification, and GAAP/SEC disclosures (10-Q/10-K tie-outs and footnotes)
- Ensure SOX-aligned internal controls; coordinate SOC 1 reviews, segregation of duties assessments, and audit support
- Coordinate quarterly debt compliance certification, share-based program support, and revolving credit covenant monitoring
- Support financial risk management (interest rate sensitivity, counterparty/credit risk, liquidity risk)
- Develop/maintain liquidity stress-testing models and contingency funding plans; deliver scenario analyses for policy/debt/capital return decisions
- Provide technical guidance and day-to-day support to Treasury team; assist with auditor and audit requests
- Collaborate with Accounting, FP&A, Tax, Legal, and AP; support banking partner/investment manager/auditor relationships
Minimum Requirements:
- Bachelor’s degree in accounting or finance
- 10+ years relevant, progressive experience in corporate treasury/finance/accounting (or 8+ years with a Master’s degree), including investment management, financial risk management, or treasury analytics ownership
- 5+ years building quantitative financial models (interest rate sensitivity, counterparty risk, scenario/stress analysis, portfolio yield optimization) with minimal supervision
- Advanced quantitative/analytical skills; ability to translate complex data into actionable insights for senior leadership
- Strong knowledge of cash management, short-term investments (treasuries, money market funds, commercial paper), and investment policy frameworks (principal protection, liquidity)
- U.S. GAAP expertise for investments, debt, derivatives, and hedging
- Experience designing/operating financial risk management frameworks (interest rate, counterparty/credit, FX, liquidity)
- Ability to identify strategic gaps, build analytical frameworks, drive cross-functional consensus, and implement
- Ability to build liquidity stress testing/sensitivity/scenario frameworks with minimal supervision
- Experience designing treasury KPI dashboards and CFO-level reporting packages
- Advanced Excel modeling (scenario analysis, sensitivity tables, yield analytics, Monte Carlo)
- Hands-on treasury management system experience (e.g., Kyriba, FIS Integrity, or similar)
- High attention to detail, strong ethics/judgment in a SOX-compliant environment
- Collaborative mindset across Finance/Accounting/FP&A/AP/Legal/Tax and external partners
- Exceptional written and oral communication skills
Preferred Qualifications:
- Master’s degree in accounting or finance
- 5+ years at a public pharmaceutical/biotech/life sciences company with excess cash and investment portfolio management responsibilities
- 1+ year supervisory oversight/mentoring experience
- CTP-AFP; CPA; Certified Financial Analyst
- SEC treasury disclosure experience (10-Q/K cash, investment, debt footnotes)
- SOX compliance, internal control design, and audit requirement knowledge
- Experience with Power BI, Tableau, SQL, or Python
- International treasury experience (FBAR, multi-currency cash management, cross-border payments)
- SAP (or comparable ERP) in a treasury context; Clearwater Analytics or similar investment reporting platforms
Benefits/Compensation (as stated):
- Salary range: $133,000–$180,000 per year; eligible for the company’s short-term and long-term incentive programs
- Eligible employees may participate in comprehensive benefits suite (medical/dental/vision/prescription, wellness, 401k and ESPP, paid time off and paid parental leave, disability, and more)
Job Location:
- Hybrid role in Silver Spring, MD; report to office at least three days/week (relocation assistance may be available for non-local candidates)