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Responsible for global cash management, global credit card process management and cash forecasting, including management of cash receipts, cash application and reconciliation, ensuring that all payments received are accurately entered and posted/applied in the billing system. Performs highly complex accounting activities, analyzes financial data, and prepares related reports in accordance with established accounting policies and procedures. Ensures compliance with Bancroft policies and procedures, federal, state and local fiscal management laws and regulations, and Generally Accepted Accounting Principles.

Essential Responsibilities:

• Understands, manages and supervises cash flow.
• Forecasts daily cash requirements.
• Prepares cash projections and performs financial modeling.
• Evaluates, develops and implements cash management systems to optimize efficiencies through innovative system enhancements for workflows and tasks.
• Understands and manages appropriate accounting procedures and processes.
• Monitors bank service fees and addresses quality issues.
• Manages daily cash balances, including daily balance reporting, lockbox & counter check deposits.
• Researches cash transactions as requested by Revenue Cycle or Accounting teams.
• Manages the treasury closing process including all reporting requirements.
• Administers online user access to banking systems, in partnership with Service Line management.
• Provides schedules, reports and support for annual audits
• Manages Resident Trust Funds account system and monthly disbursements related to Social Security funds
• Prepare and monitor monthly Accounts Receivable roll forward
• Prepare and analyze unapplied cash dashboards, working with team to resolve outstanding accounts
• Works in multiple billing systems and clearinghouse portals
• Manages Resident Fund Management Service system
• Owner of monthly cash log to reconcile all cash receipts related to accounts receivable
• Provides leadership and guidance to staff members within direct areas of responsibility. Effectively manages ongoing job performance of direct reports through coaching, performance evaluations, and disciplinary and/or corrective action when appropriate.
• Performs other duties and special assignments, as required. Remains flexible and adaptable in work schedules and work assignments, based on organizational and departmental needs.
• Upon request, willingly cooperates with senior management, or any federal, state or local agency or licensing authority, in connection with ongoing inspections and investigations.
• Remains current with required training certifications, meets state-regulated licensing and regulatory accreditations, and adheres to mandatory requirements.
• Abides by the Bancroft Code of Ethics, Mission Statement, and Vision Statement in promoting ethical behavior, establishing relationships and providing guidance in decision-making situations.
• Maintains effective verbal and written communications with colleagues, those served, and their family members and/or guardians when applicable.
• Maintains a safe and respectful environment, free of abuse, neglect or exploitation; does not allow weapons, threats, bullying or intimidation.
• Reports any violations to the appropriate individual as soon as an incident occurs.
• Demonstrates Bancrofts core values in the performance of position responsibilities.

Position Requirements:

In addition to the necessary skills and experience to perform the responsibilities outlined above, there are a number of traits that a qualified candidate will possess.

Education & Experience:

BS in Accounting, Finance or related field required. Minimum seven years of experience, with at least three in Cash/Treasury or related role. Minimum two years of supervisory/management or equivalent experience required.

Special Skills:

Effective knowledge of Generally Accepted Accounting Principles, as well as financial analysis. Excellent verbal and written communication, interpersonal, organizational and prioritization skills. Effective and proven leadership and supervisory skills. Expertise in Microsoft Office, particularly Word and Excel.

Required Knowledge, Skills and Abilities

1. COMMUNICATION Presents ideas in an easy-to-understand manner with an engaging and captivating style. Effectively communications complex ideas or thoughts in an easy-to-understand manner. Uses appropriate grammar, including vocabulary and sentence structure. Expressions information and ideas, orally and in writing, in a manner that is clear, concise, and easy to understand. Uses proper spelling, grammar and sentence structure.
2. FLEXIBILITY/MANAGING STRESS Demonstrates willingness and the ability to adjust to working with different types of people, stressful or demanding situations, or adjusting ones schedule in order to accommodate changes. Maintains a realistic interpretation of what constitutes a stressful situation. Functions effectively even when faced with stress and/or stressful situations. Effectively manages and controls stress-related responses in order to perform a job effectively and successfully.
3. INTEGRITY - Acts in an honest and trustworthy manner based on personal responsibility and sound business ethics. Shows consistency among principles, values, and behaviors.
4. POSITIVE ATTITUDE - Views the world in a positive, optimistic manner. Does not always assume that there are hidden agendas behind every act. Maintains a positive demeanor and effective work behavior, even in the face of challenges or obstacles.
5. PROBLEM SOLVING Is able to effectively resolve problems that involve people, things, and processes that require general logic and common sense. This may include gathering relevant information, considering alternatives, and drawing logical conclusions based on facts.
6. WORK ETHIC - Sets high standards for own work rather than solely following those that are expected. Successfully completes work with a careful attention to all aspects of the job. Assumes responsibility for a job well done. Is organized, neat, precise, hardworking, and dissatisfied with average performance.
7. DELEGATION Assigns responsibilities and makes decision in a way that makes people responsible for results as well as determines appropriate means by which to achieve those results. Ensures that people are provided with sufficient resources to make decisions and take actions on their own. Appropriately outlines expectations and follows up accordingly.
8. MANAGING RESOURCES Establishes goals, identifies a purpose and sets clear objectives to guide actions for self or others. Organizes or adjusts information, people and materials to meet established goals and priorities. Institutes effective methods for keeping track of the status of subtasks and the overall timeline of a project and for ensuring that project goals are met in a timely manner.
9. PERSONAL RESPONSIBILITY Takes responsibility for own actions. Does not react passively or make excuses for actions, or blame others for mistakes. Assumes responsibility for a job well done.
10. SEEING THE BIG PICTURE Is able to step back from detailed data analysis to understand how the analysis and/or implications of the analysis fit into a larger picture. Identifies and understands connections, interrelationships and cause-effect relationships among different places of data while not becoming mired too deep in the details.