Director of Treasury Management

Albany, NY
Mar 28, 2017
Institution Type
Four-Year Institution
7 Columbia Circle, Albany, NY 12203

Closing Date: May 30, 2017

Interested in using your Treasury skills in Higher Education? Come join us at Excelsior as the Director of Treasury Management!!

Excelsior College, a regionally accredited, virtual, private, nonprofit institution of higher learning is seeking dynamic applicants for the position of Director of Treasury Management in the Finance Unit.


The Director of Treasury Management is a member of the Finance Unit and reports to the Vice President of Finance and Chief Financial Officer. The position is responsible for all aspects of cash flow at the College. The Director of Treasury Management oversees the cash management, staff and manages the College's bank accounts.

This is a full time position located at 7 Columbia Circle, Albany, NY 12203.


  • Administer all cash management functions, processes, and systems including cash concentrations, wires, account funding to optimize efficiencies and assure adequate liquidity for working capital needs, recommending changes as appropriate to improve the College's position
  • Manage relationships with financial intermediaries and negotiate/monitor bank service fees
  • Evaluate alternative short- and long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines
  • Supervise cash management staff who perform daily bank reconciliations, deposit checks daily, and process weekly checks and wires, among other tasks
  • Anticipate interest rate changes and recommend changes to our cash position accordingly
  • Research and implement new bank products and services to improve cash cycle and simplify operations
  • Ensure compliance with internal controls, policies, and procedures. Develop and monitor applicable policies
  • Prepare and monitor College's various cash flow forecasts and perform financial modeling
  • Review and recommend changes to the investment policy statement based on the market conditions
  • Monitor investment portfolio performance
  • Assess performance benchmarks and recommend changes when warranted
  • Evaluate and recommend long- and short-term investment strategies
  • Review investment fees to ensure they align with the investment policy and negotiated contracts


  • Bachelor's Degree in Accounting, Finance, Business, or related Field. (MBA or Master's Degree in a related field preferred)
  • 5+ years of experience in cash or treasury management
  • 3+ years of supervisory experience
  • Experience in higher education or non-profit environment preferred
  • Experience working with financial management software
  • Excellent analytical and corporate finance skills.

Application Information

If you have problems with online submission, please call 518-464-8532. Thank you.

Note: Screening for this position will start immediately and will remain open thirty days from date of posting.

Excelsior College offers competitive compensation and a generous benefits package that includes paid time off, retirement, and excellent health insurance. Interested candidates should submit a letter of application, resume, salary history, and the names of three professional references. Please submit requested information at


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