Senior Treasury Manager

Introduction

Babson College is a world-class business school, empowering entrepreneurial leaders to create great economic & social value. It's an exciting launch pad for anyone who wants to make a real impact in higher education. We provide everything you need to achieve your goals, including learning opportunities, outstanding benefits, rich rewards, wellness programs, & a genuine dedication to creating a diverse, multicultural & inclusive community.

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The Senior Treasury Manager is responsible for providing senior leadership over the College’s treasury, cash management, banking, debt service, investment administration, billing and receipts, and related financial operations. Specifically responsible for overseeing and strengthening financial reporting, reconciliations, internal controls, and operational processes across Accounts Payable, Procurement, Student Financial Services billing and receipts, and other finance areas; assessing treasury products, services, technologies, and systems;

recommending short-term investment and liquidity strategies; supporting debt and financing administration; cultivating banking relationships; and serving as a key partner to the Controller/Treasury Director on treasury operations, financial controls, process improvement, and special projects.

This is an exempt position with the following pay range: $180,428 - $200,476; the role is also eligible for bonuses based on performance and budget.

Babson College offers a comprehensive benefits package for full-time employees working at least 28 hours per week.

• Insurance Coverage
  :
  Medical, dental, vision, group life and long-term disability insurance, business travel accident insurance, and mental health benefits.
• Time Off
  :
  Starting at 3 weeks of vacation annually, 2 weeks of sick time, 1 week of paid family illness time, 6 weeks of paid parental leave, and 12 paid holidays per year. President’s holidays are determined each year.
• Retirement
  :
  Participation in a 403(b) retirement plan with mandatory employee contributions and a 4:1 employer match.
• Additional Benefits
  :
  Wellbeing programs, virtual fitness platform, and employee assistance program.

All questions or concerns about this posting should be directed to the Office of Human Resources at hr.

• Evaluates, develops, and recommends fiscal policies relating to treasury management, cash operations, debt service, banking, Accounts Payable, Procurement, and Student Financial Services billing and receipts.
• Oversees cash management, liquidity planning, cash forecasting, short-term investment activity, and related reporting to support operating needs and strategic decision-making.
• Maintains and cultivates banking, investment, custodial, and other financial service provider relationships.
• Recommends items for strategic planning, liquidity management, short-term investing, and alternative financing strategies.
• Oversees debt service administration, bond-related schedules, letters of credit, performance bonds, guarantees, and related treasury reporting and controls.
• Analyzes, interprets, and communicates financial operating results, cash activity, debt obligations, and treasury performance to provide information and guidance to the Controller/Treasury Director.
• Takes a lead role in capital structure, debt management, bond issuance, debt service planning, and financing analysis to ensure the efficient use of the institution’s capacity and borrowed monies.
• Serves as a treasury and finance operations contact for cross-departmental projects, including billing, receipts, collections, payroll-related financial controls, and systems initiatives.
• Collaborates with the Controller/Treasury Director in the preparation of the annual treasury budget.
• Assists with developing key inputs into the balance sheet, income statements, cash flow statements, operating budgets, and treasury-related forecasts for annual planning.
• Coordinates internal/external audits to ensure regulatory compliance.
• Serves as Subject Matter Expert for accounting questions and valuation matters.
• Participates in and oversees the monthly and year-end close of AP, Procurement, SFS Student Billing, treasury activity, cash reconciliations, and the preparation and review of financial statements.
• Manages the review of College bank reports, cash activity, collections, and electronic transfers; communicates with Accounts Payable and the Controller/Treasury Director; reviews for unauthorized electronic transfers; and assists in the escheated funds process.
• Reviews reconciliations prepared by staff as appropriate and ensures timely resolution of outstanding items and variances.
• Responsible for ongoing implementation of accounting procedures and internal controls as determined by the Controller/Treasury Director. Assists in the documentation, evaluation, and testing of the College’s internal controls.
• Supports oversight of restricted, fiduciary, trust, agency, or similar funds, including related accounting,…