Avp
CurrentServed in high-profile role with accountability for leadership and strategic direction for the treasury functions for the acute healthcare system. Reported directly to CFO, and accountable for treasury team of 29 employees with $2.8M budget. Drove change to facilitate maturity and organizational success through robust finance function. • Quarterly presented financial reports to the Temple Health System and Temple University governing bodies.• Cash management and investment oversight of $1.1B unrestricted assets, $100M working capital line of credit and intercompany loans.• Oversight of $97M frozen defined benefit plan, with 90% funded status.• Responsible for $380M Bond Indentures, 2022 refinancing resulted in net present savings of $50M.• Directed management of System’s Payroll and Accounts Payable operations.• Managed external relationships with investment advisors, bankers, actuaries, bond counsel, rating agencies and internal relationships with the Health System’s stakeholders.• Led redesign of Cash Management policies and procedures, improving efficiency of cash flow projection process and generated an additional $4M in net income. • Chairperson of the TUHS Administrative Sub-Committee and fiduciary of $1.1T Defined Contribution Plan.• Appointed to the TUHS Insurance Corporation Board, with management responsibilities for $75M insurance captive assets.
