Associate Director, Treasury – Global Cash

Vantive • Deerfield, IL

1d • $152,000 - $210,000

About The Position

Vantive is a vital organ therapy company on a mission to extend lives and expand possibilities for patients and care teams everywhere. For 70 years, our team has driven meaningful innovations in kidney care. As we build on our legacy, we are deepening our commitment to elevating the dialysis experience through digital solutions and advanced services, while looking beyond kidney care and investing in transforming vital organ therapies. Greater flexibility and efficiency in therapy administration for care teams, and longer, fuller lives for patients— that is what Vantive aspires to deliver. We believe Vantive will not only build our leadership in the kidney care space, it will also offer meaningful work to those who join us. At Vantive, you will become part of a community of people who are focused, courageous and don’t settle for the mediocre. Each of us is driven to help improve patients’ lives worldwide. Join us in advancing our mission to extend lives and expand possibilities. Your role at Vantive The Associate Director, Treasury – Global Cash leads Vantive’s global liquidity and cash management agenda. This role oversees daily cash positioning, forecasting, bank structures, intercompany funding, and global treasury operations. It manages two Senior Managers and partners cross‑functionally with regions, Finance, Tax, FP&A, Legal, Controllers, and external banking partners. Working closely with the Treasury Leadership Team, the position serves as a key advisor to the SVP & Treasurer, translating the 1–3 year liquidity strategy into executable plans and controls that ensure the company has the cash, systems, and governance needed to support a global manufacturing footprint and future growth. What you'll be doing 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%). Global Cash & Liquidity Management 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. Regional Cash Management Oversight (Americas & APAC) 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. Treasury Operations & Controls 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. Banking Relationships & Capital Markets Support 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). Treasury Technology, Data & Process Optimization 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. Leadership & Talent Development 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. Governance, Risk & Compliance 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. Strategic Projects & M&A 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.

Requirements

• 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.

Nice To Haves

• MBA or Master’s in Finance preferred.
• CTP or CFA strongly preferred.
• Background in manufacturing, med‑tech, life sciences, or similar multinational industries preferred.

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.

Benefits

• Our health and well-being benefits include medical, dental and vision coverage that start on day one, as well as insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance.
• Financial and retirement benefits include the Aon Pooled Employer Plan (“Aon PEP”), Vantive’s 401(k) retirement savings plan, to help you prepare for your future.
• We also offer Flexible Spending Accounts, educational assistance programs, and time-off benefits such as paid holidays, paid time off ranging from 20 to 35 days based on length of service, family and medical leaves of absence, and paid parental leave.
• Additional benefits include commuting benefits, the Employee Discount Program, the Employee Assistance Program (EAP), and childcare benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Director