Director of Treasury Operations
Hyde Park Campus
80635 Office of the EVP and Chief Financial Officer
About the Unit
This position reports to the Assistant Vice President for Financial Planning and Analysis and Chief of Staff for Finance and Administration (AVP).
- Support the VP/CFO and AVP roles with the university's long-term financial planning working group and Board of Trustees committees.
- Manage a team of two treasury personnel.
- Manage the university's daily cash balances and associated liquidity position.
- Supervise daily line of credit balancing and manage periodic remarketing of the Taxable Commercial Paper program.
- Support transaction processing and reporting related to the payment of interest and fees, transfers of endowment payout, reimbursements from taxable project funds, accounting entries for selected transactions, and other updates.
- Provide quarterly forecasting estimates for interest expense
- Work with the University's independent financial advisor to track market trends and develop debt and liquidity strategies.
- Manage the creation of bank accounts, closing of bank accounts and authorized signers.
- Work with investment office to manage the University's working capital cash and insurance reserves.
- Design and execute regular and ad hoc financial analysis, including forecasting, risk analysis, and evaluation of strategic options.
- Maintain and improve the cash flow forecasting model by analyzing historical results and budget projections to produce annual forecasts and monthly updates.
- Maintain and improve a treasury dashboard that includes debt portfolio metrics, interest rates, operating and non-operating lines of credit, and SWAP valuations.
- Support financial communication efforts of the CFO and Treasurer to the Board of Trustees, internal management working groups, and external partners.
- Help manage relationships with rating agencies, underwriters, (domestic and foreign) banks and financial advisors.
- Treasury Services:
- Maintaining strategic banking relationships and providing expertise in banking services.
- Managing the university's daily liquidity position.
- Overseeing security and controls on banking accounts.
- Depository services including: remote deposit capture, deposit stations, lock boxes, and wire transfers.
- Disbursement services including: check writing, wire transfers and ACH payments.
- Establishing and managing university bank accounts.
- Cash Forecasting
- Maintaining and improving the cash forecasting model.
- Ad hoc financial analysis, including forecasting, risk analysis, and evaluation of strategic options.
- Debt Management:
- Forecasting and managing debt capacity, debt structure, and liquidity.
- Preparing and delivering presentations for rating agencies.
- Capital planning working with the Provost's Office and the Facilities & Operations team.
- Maintaining compliance with IRS and SEC regulations related to tax-exempt financing.
- Competitive and negotiated sales of municipal bonds and negotiation/ renewal of credit facilities.
Education, Experience, and Technical Knowledge:
- Bachelor's Degree (required)
- Bachelor's Degree in Accounting, Finance or closely finance related field (preferred)
- MBA or advanced degree in finance, public administration/public policy, or a related field is (preferred)
- Certified Treasury Professional (CTP) (preferred)
- A minimum of five years of treasury operations, or an equivalent of finance related experience (required)
- Experience in staff supervision (required)
- Experience with cash management and the planning/sale of municipal bonds (required)
- Experience in the development of financial policies and procedures and formulating long-term financial plans (preferred)
- Experience in higher education, non-profit or government organization (preferred)
- Experience in capital projects planning and budgeting (preferred)
Technical Knowledge or Skills
- Knowledge of Microsoft Office products
- Understanding corporate and public finance tools and techniques
- Strong financial modeling and analysis skills
- Ability to link operational to strategic plans
- Intellectual versatility and creativity
- Ability to interact closely with executives
- Strong interpersonal and communication skills
- Ability to distill complex information into concise communications
- Willingness to work under time and visibility pressures
Resume and Cover Letter
All required documents must be submitted to be considered for this position
When applying, all required documents MUST be uploaded under the Resume/CV section of the application.
Depends on Qualification
Scheduled Weekly Hours
Job is Exempt?
Drug Test Required?
Does this position require incumbent to operate a vehicle on the job?
Health Screen Required?
Remove from Posting On or Before
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