Manager, Treasury

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3 Locations
In-Office
Real Estate
The Role
Job Description:

The Manager, Treasury is a new role to Ventas within our Treasury Operations team. The position offers a dynamic opportunity through direct involvement with the Treasury Operations team to provide critical support to our rapidly growing Senior Housing business. The position is expected to be the face of Treasury Operations to our growing portfolio of senior housing operators. This position will cultivate and manage key relationships with critical internal functions including but not limited to Accounting, Legal, Tax, Investments and Asset Management. 

Responsibilities

  • Lead efforts to scale Treasury Operations to support our rapidly growing Senior Housing business, with a focus on operator engagement, process and technology enhancements and risk management.
  • Serve as primary Treasury point-of-contact for recurring operator engagement efforts focused on sharing best practices, optimizing cash management and ensuring compliance with controls and policies
  • Manage and enhance establish controls that effectively mitigate risk while supporting operators in managing the business efficiently 
  • Administer and improve bank portal entitlements for Senior Housing operators including associated control frameworks, reporting and training requirements
  • Oversee critical elements of the operator / property treasury lifecycle, including upfront earnest money deposits, management agreement review, operator onboarding, operator bank portal entitlements, banking infrastructure setup, cash rent reporting and closing statement reviews
  • Support cash forecasting efforts by developing a deep understanding of key cash drivers including operator payroll, rent inflows and timing, and investment portfolio activity
  • Manage fraud claims from detection to resolution, coordinating with internal teams, operators and financial institutions to maximize recovery
  • Drive cash automation and reporting enhancement efforts to improve visibility and enable optimization across the treasury portfolio for Senior Housing
  • Perform industry research, competitor benchmarking and stay informed of recent banking and fraud trends to ensure Ventas remains forward-looking and delivers best-in-class Treasury Operations support for the business and operators

Qualifications

  • 4-year undergraduate degree in Finance, Economics, Accounting, similar business field required. MBA and/or JD preferred
  • Minimum 5 years of experience in a corporate Treasury setting
  • Prior experience supporting a business or external stakeholders in a dynamic, fast-paced and changing environment that is results oriented and collaborative
  • Self-starter.  Structured ways of working.  Working in ambiguity and developing new processes or redefining existing processes will be a critical component of the role.
  • Proven ability to effectively communicate internally and externally
  • Experience navigating in major banking portals (JPM Morgan, Bank of America CashPro, Wells Fargo CEO, PNC, etc.). for payment processing, fraud prevention tools, and user administration are a plus
  • Strong analytical skills; Proficiency in Microsoft Excel and PowerPoint; Experience working with Treasury workstations is a plus

The compensation available for the role considers a variety of factors including, but not limited to, work location, individual skill set, previous/applicable experience, and other business needs. The estimated base salary range is $140K - $200K

The above salary range represents Ventas’ good faith and reasonable estimate of the possible base salary range at the time of posting and is one part of the compensation and total rewards Ventas provides to employees

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Ventas, Inc. offers a competitive compensation and benefits package to the successful candidate.

Ventas, Inc. is an Equal Opportunity Employer.

Ventas, Inc. does not accept unsolicited resumes from staffing agencies, search firms or any third parties.

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The Company
HQ: Chicago, IL
398 Employees
Year Founded: 1998

What We Do

For more than two decades, Ventas, Inc., an S&P 500 company and one of the world’s foremost Real Estate Investment Trusts (REIT), has operated as the premier capital provider to leading senior living, healthcare operators and research institutions. With more than $36 billion of investments under our belt, we own communities where patients and their families receive health and healing; where world class researchers discover treatments for disease; and where seniors live with dignity. Thanks to our financial strength and liquidity, our stock and robust dividend provides secure retirement savings and income to pensioners, firefighters, teachers and individuals around the world. We take our ESG (Environment, Social & Governance) commitments seriously. We’ve set meaningful ESG goals aligned to three pillars – People, Performance, Planet - emphasizing strong corporate governance; encouraging community engagement through social and financial support to communities where we live and work; and minimizing our environmental impact by protecting the planet while lowering operating costs and improving portfolio efficiency. We're honored to receive many external recognitions for our efforts: Ventas was named to the Dow Jones Sustainability World Index for the first time in 2019 and received Nareit’s 2019 Health Care Leader in the Light award for the fourth time. We were the first REIT to sign the CEO Action for Diversity & Inclusion and are a “Winning Company” on the 2020 Women on Boards Gender Diversity Index recognizing our 30% female Board. Our CEO, Debra A. Cafaro, is a leader widely-acclaimed for her strategic vision, and is ranked #29 in Harvard Business Review’s CEO 100, one of only 14 global CEOs named to HBR’s list consistently since 2014. Our team is what truly differentiates us – our winning competitive edge is due to a rare combination of drive and skill and a commitment to excellence that fuels everything we do.

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