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Online Services | Privacy | Accessibility | Security | |
JOB DESCRIPTION
JOB TITLE: Treasury Manager
MAINTENANCE REVIEW DATE: February 1998
ORG/POS #: 1120/1037
JOB OBJECTIVE: To plan and direct the activities of the Treasury Management Division of the Finance Department to ensure that monies are collected, allocated, and invested according to City ordinances, policies, and procedures.
ACCOUNTABILITY: Receives general direction from the Director of Finance.
ESSENTIAL JOB FUNCTIONS:
1. Plans and directs the operation of the Treasury Management Division of the Finance Department; directs and monitors the performance of the Accounting Specialist, Office Assistant II, Treasury Analyst, and Treasury Operations Administrator.
2. Serves as backup to the Director of Finance by directing Department activities in the absence of the Director.
3. Manages investment of City portfolio consisting of U.S. government and agency securities, bank certificates of deposit, repurchase agreements, and other financial instruments.
4. Directs collection, disbursement, banking, and processing of funds, securities, and financial instruments, including fines and bonds from the municipal courts.
5. Examines policies, procedures and guidelines affecting the Treasury Management Division; plans and implements new policies, procedures and guidelines to improve efficiency and reduce costs, to ensure proper processing and safeguarding of City assets and records, and to comply with applicable state and federal laws, City ordinances, accounting principles, and Securities and Exchange Commission requirements.
6. Evaluates need for acquisition and sale of investments to ensure appropriate risk and credit quality of portfolio.
7. Monitors all investment transactions, including those for bonded debt programs, to ensure that the City meets legal requirements.
8. Analyzes financial records to forecast future financial position, budget requirements, and cash flow; ensures that debt payments and related transactions are paid timely.
9. Serves as primary contact for treasury activities with various investment, trust, and banking institutions, investment advisors, brokers, external auditors, and regulatory officials.
JOB TITLE: Treasury Manager
JOB DESCRIPTION - CONTINUED
10. Analyzes technical information and prepares financial reports for Director of Finance, City Manager, and Board of Directors, utilizing a computer terminal and microcomputer with spreadsheet software; makes recommendations with regard to financial policies and programs.
11. Develops and implements training objectives for the Treasury Management Division.
12. Writes reports on monthly receipts collected by the Treasury Management Division, utilizing a computer terminal and microcomputer with spreadsheet software.
13. Assists the Director of Finance in marketing the City’s bond debt program by working with bond holders, bond-related professionals, and rating agencies.
14. Resolves exceptional accounting issues and customer problems that may develop.
SECONDARY DUTIES AND RESPONSIBILITIES:
1. Answers questions from the media or prepares formal press releases concerning treasury-related issues.
2. Testifies in court regarding collection policies and procedures in cases involving bad debts or insufficient checks.
3. Prepares annual budget figures for the Treasury Management Division.
4. Approves landfill credit applications.
5. Reviews collection efforts on checks returned due to insufficient funds; provides City departments with current lists of insufficient fund check writers.
6. Performs other related duties as required.
SUPERVISORY RESPONSIBILITIES:
Provides general direction to the Treasury Operations Administrator; provides general supervision to the Accounting Specialist, Office Assistant II, and Treasury Analyst.
JOB SPECIFICATION
TREASURY MANAGER
GENERAL STATEMENT OF DUTIES: Performs work of considerable difficulty in planning and directing the activities of the Treasury Management Division of the Finance Department to ensure that monies are collected, allocated, and invested according to City ordinances, policies, and procedures.
MAINTENANCE REVIEW DATE: February 1998
EXAMPLES OF WORK:
(Illustrative)
Plans and directs the operation of the Treasury Management Division of the Finance Department; directs and monitors the performance of the Accounting Specialist, Office Assistant II, Treasury Analyst, and Treasury Operations Administrator.
Serves as backup to the Director of Finance by directing Department activities in the absence of the Director.
Manages investment of City portfolio consisting of U.S. government and agency securities, bank certificates of deposit, repurchase agreements, and other financial instruments.
Directs collection, disbursement, banking, and processing of funds, securities, and financial instruments, including fines and bonds from the municipal courts.
Examines policies, procedures and guidelines affecting the Treasury Management Division; plans and implements new policies, procedures and guidelines to improve efficiency and reduce costs, to ensure proper processing and safeguarding of City assets and records, and to comply with applicable state and federal laws, City ordinances, accounting principles, and Securities and Exchange Commission requirements.
Evaluates need for acquisition and sale of investments to ensure appropriate risk and credit quality of portfolio.
Monitors all investment transactions, including those for bonded debt programs, to ensure that the City meets legal requirements.
Analyzes financial records to forecast future financial position, budget requirements, and cash flow; ensures that debt payments and related transactions are paid timely.
Serves as primary contact for treasury activities with various investment, trust, and banking institutions, investment advisors, brokers, external auditors, and regulatory officials.
Analyzes technical information and prepares financial reports for Director of Finance, City Manager, and Board of Directors, utilizing a computer terminal and microcomputer with spreadsheet software; makes recommendations with regard to financial policies and programs.
Develops and implements training objectives for the Treasury Management Division.
JOB TITLE: Treasury Manager
JOB SPECIFICATION - CONTINUED
Writes reports on monthly receipts collected by the Treasury Management Division, utilizing a computer terminal and microcomputer with spreadsheet software.
Assists the Director of Finance in marketing the City’s bond debt program by working with bond holders, bond-related professionals, and rating agencies.
Resolves exceptional accounting issues and customer problems that may develop.
REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES:
Comprehensive knowledge of federal, state, and local tax and privilege license laws and ordinances.
Comprehensive knowledge of Security and Exchange Commission regulations.
Comprehensive knowledge of accounting principles and practices.
Considerable knowledge of investment markets.
Considerable knowledge of banking and savings institutions.
Considerable knowledge of brokerage industry.
Considerable knowledge of derivative investment products.
Considerable knowledge of investment accounting, internal controls, and investment policy.
Considerable knowledge of applicable local, state, and federal laws, ordinances, regulations, and requirements.
Considerable knowledge of revenue collection methods.
Considerable knowledge of computerized financial systems.
Considerable knowledge of computer fundamentals and business software, including spreadsheet software.
Considerable knowledge of investment forecasting.
Good knowledge of the revenue and expenditure forecasting.
Skill in the operation of a ten-key calculator.
Skill in the operation of a computer terminal.
Skill in the operation of a microcomputer, utilizing spreadsheet software.
JOB TITLE: Treasury Manager
JOB SPECIFICATION - CONTINUED
Ability to evaluate need for acquisition and sale of funds and investment of surplus to ensure appropriate risk and credit quality of portfolio.
Ability to write financial reports and make recommendations with regard to financial policies and programs.
Ability to examine policies, procedures, and guidelines, and plan and implement new policies, procedures and guidelines to improve efficiency, reduce costs, ensure proper processing, and comply with applicable local, state, and federal laws, ordinances, regulations, and requirements.
Ability to monitor investment transactions for compliance with legal requirements.
Ability to analyze financial records to forecast future financial position and budget requirements.
Ability to develop collection policies, procedures, and guidelines.
Ability to communicate effectively, both orally and in writing.
Ability to perform mathematical calculations.
Ability to direct the activities and monitor performance of assigned staff.
Ability to develop and implement training objectives.
ACCEPTABLE EXPERIENCE AND TRAINING:
Completion of a Bachelor’s Degree in Accounting, Business Administration, or a related field; at least four (4) years of experience with a financial institution as chief financial officer, controller or assistant controller, which includes investment experience; at least four (4) years of experience with computerized financial systems; at least two (2) years of supervisory experience; OR any equivalent combination of experience and training which provides the required knowledge, skills, and abilities.
JOB TITLE: Treasury Manager
JOB SPECIFICATION - CONTINUED
The physical demands marked below are representative of those that will be required to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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Physical
Requirements |
Yes |
No |
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Lifting (lbs.) |
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ü |
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Carrying (lbs.) |
|
ü |
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Stooping, Bending |
|
ü |
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Kneeling, Squatting |
|
ü |
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Walking |
|
ü |
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Standing |
|
ü |
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Sitting |
ü |
|
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Climbing, Balancing (e.g., climbing and working from ladder) |
|
ü |
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Use of Hands to Finger, Handle, or Feel |
ü |
|
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Physical Coordination (sequential or simultaneous use of hands, arms, feet, and legs) |
|
ü |
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Eye-Hand Coordination |
ü |
|
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Close Vision (clear vision at 20" or less) |
ü |
|
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Distance Vision (clear vision at 20' or more) |
|
ü |
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Color Vision (ability to identify and distinguish colors) |
|
ü |
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Depth Perception (ability to judge distance spatial relationships) |
|
ü |
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Hearing |
ü |
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The environmental conditions marked below are common to this job:
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Work
Environment |
Yes |
No |
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Outdoor Weather Conditions |
|
ü |
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Wet, Humid Conditions (non-weather) |
|
ü |
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Work Near Moving Mechanical Parts |
|
ü |
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Work in High, Precarious Places |
|
ü |
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Fumes or Dust |
|
ü |
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Toxic or Caustic Chemicals |
|
ü |
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Extreme Heat (non-weather over 90º F.) |
|
ü |
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Low Noise (e.g., business office) |
ü |
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Moderate Noise (e.g., light motorized equipment such as lawn mowers) |
|
ü |
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Loud Noise (e.g., jackhammer, heavy motorized equipment) |
|
ü |