Director Treasury

Position Summary

Provides strategic leadership and executive oversight for the treasury and capital finance function, establishing and optimizing enterprise-class capabilities in debt portfolio management, liquidity optimization, cash management, investments, banking relationships, pension and post-retirement benefit finance, regulatory compliance, treasury policy governance, and robust financial controls that safeguard assets and ensure fiduciary accountability. Partners with senior management and stakeholders to develop forward‑looking treasury strategies powered by advanced analytics, predictive modeling, and technology platforms that enhance decision‑making, optimize capital allocation, and create competitive advantage.

Ensures all strategies and processes align with internal control frameworks, compliance requirements, and risk‑mitigation standards. Drives modernization of the treasury technology stack, including implementation and optimization of integrated Treasury Management platforms, to enable real‑time visibility, automated workflows, control integrity, and data‑driven strategic initiatives. Leads a high‑performing treasury team in delivering value through technological innovation, rigorous financial analysis, strict adherence to financial controls, and proactive risk management to support the organization’s mission of efficient infrastructure investment and sustainable value creation.

Directs staff responsible for daily cash and investment management, depository and custodial banking services, bank and rating agency relations, mitigating credit and financial risk exposures, ensuring compliance with applicable laws, policies, and bond covenants, and strategies to optimize liquidity. Establishes, monitors, and continuously strengthens financial controls across cash handling, investment activities, debt administration, and treasury operations to ensure transparency, accuracy, and audit readiness.

• Direct and develop a treasury team, establishing clear accountability frameworks, performance metrics, and professional development pathways aligned with organizational excellence standards
• Establish departmental goals, objectives, and performance standards that balance operational rigor with strategic innovation; track key performance indicators (KPIs) to measure treasury value creation
• Conduct regular performance evaluations, provide coaching and mentorship, and foster a culture of continuous learning in technology, finance, and analytics
• Build a treasury organization capable of leveraging advanced analytics and technology to drive competitive advantage and organizational value

• Oversee identification, measurement, and mitigation of treasury‑related financial risks, including interest rate risk, credit risk, liquidity risk, and foreign exchange exposure
• Establish policies, procedures, and internal financial controls to ensure compliance with debt covenants, bond indentures, legal agreements, and applicable regulatory requirements (e.g., GASB, Texas Pension Review Board, Municipal Securities Rule making Board)
• Maintain regulatory compliance across all treasury activities; ensure accurate bond disclosures and timely submissions to government agencies and rating organizations
• Manage the Authority’s bond arbitrage liability and engage outside bond counsel for the reporting and timely payment of any amounts due to the IRS
• Lead and organize IRS audit requests, engage disclosure and tax counsel, assemble documentation for the stated bond issue under audit and file report to the IRS in accordance with the request

• Lead the strategic implementation, optimization, and continuous improvement of enterprise treasury platforms (e.g., Kyriba or other), ensuring full utilization of capabilities for cash management, liquidity forecasting, and reporting
• Own the technology roadmap for the treasury department; evaluate, recommend, and oversee adoption of emerging treasury technologies and analytical tools to enhance efficiency and decision‑making
• Establish data governance frameworks, data quality…