Treasurer, Cash Management
Job Title Treasurer, Cash Management
Job ID 994572
Location Kendall Campus
Full/Part Time Full-Time
ADMIN - Professional Exempt Contractual (PEC)
$82,649 - $103,312
College Controller and SVP/CFO
Open Until Filled
Exempt - Not Eligible for Overtime Compensation
The Treasurer provides direct assistance to the Controller in the preparation of monthly, quarterly and annual investment and financial reports and the development of internal control procedures with regard to collections and disbursements and to encourage the efficient operation of the College and compliance with governing laws and/or regulations in the functions of Cash Management. This is a Professional Exempt Contractual (PEC) position for which an annual contract reflecting the base salary within the fiscal year (July 1st to June 30th) will be issued after ratification by Miami Dade College's District Board of Trustees.
Duties & Responsibilities
- Records and keeps an accurate record of all College receipts and expenditures including electronic fund transfers of bank and investment accounts
- Provides cash management including daily cash position, banking services, and provide operational support for all transaction processing
- Deposits funds in the banks designated by the Board as official depositories and generate monthly reconciliations with appropriate supporting accounting entries
- Manages the College and Foundation Investment Advisory Committee meetings and adheres to all College and Foundation investment policies and procedures
- Completes an annual comprehensive review of investment objectives
- Gathers, compiles, maintains, and analyzes information relevant to the administration of the College resources
- Facilitates Board of Trustee approvals and reporting
- In coordination with SVP & CFO, communicates and coordinates with Investment Advisors, Investment Managers, Transition Managers, Custodians, commercial banks and other financial services providers
- Reviews and/or prepares contractual agreements on behalf of the College and/or the Foundation for Board approval
- Performs other duties as required
- Bachelors in Business Administration, Finance or related degree and nine (9) years of Accounting, Cash Management, Treasury, Commercial and/or Investment Banking experience
- All educational degrees must be from a regionally accredited institution
- Knowledge of cash management, investment and institutional financial operations
- Knowledge of contemporary investment strategies and instruments
- Ability to perform necessary investment/finance/accounting research including but not limited to understand technical journals/articles/documents (e.g., FASB/GASB pronouncements) accurately
- Knowledge base of non-profit/governmental fund accounting with a working knowledge of accounting and operational issues
- Excellent organizational and communication skills (verbal and written)
- Skill and experience with software for cash management, investment, fiscal and related management applications
- Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents
- Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
- Ability to effectively present information to top management, public groups, and/or boards of directors.
- Ability to define problems, collect data, establish facts, and draw valid conclusions
- Ability to work in a multi-ethnic and multi-cultural environment with students, faculty and staff.
- This function/position has been designated as essential. This means that when the College is faced with an institutional emergency, employees in such positions may be required to remain at their work location or to report to work to protect, recover, and continue operations at the College.