Treasurer

Description

(Regular, Exempt)

Starting Salary Range:$99,791.01 - $/annualized, DOQ

Closing Date:

Open until filled, may close at any time

Shift/Workdays and

Hours:

Monday
- Friday, 8:00AM - 5:00PM

Summary/Objective

This position manages and optimizes the City’s cash flow and revenue and evaluates fiscal decisions in order to meet financial obligations. The treasurer provides investment management, debt management, and cash management processes. In addition, this position forecasts cash flow positions and analyzes risk and reward of financial decisions for City departments and funded agencies. The incumbent supervises lower-level finance positions and performs special projects as assigned by City leadership.

Essential

Functions

Manages and optimizes cash flow and revenue to evaluate fiscal decisions; ensures financial obligations are met.

• Manages the investments of the city funds and provides current status, activity and performance reports to administration. Invests funds in accordance with sound financial practice and City policy, maintaining safety and liquidity while maximizing yield.
• Develops and implements sound investment principles in compliance with statutory requirements for investments and depository purposes.
• Develops, recommends, and oversees investing policies, practices, and procedures; reviewing and analyzing data.
• Maintains the City’s formal investment policy and compile documentation for the annual review of the City’s expanded investment powers by the Pooled Money Investment board.
• Evaluates completeness and accuracy of all transactions relevant to treasury functions to include discrepancy identification, and determination and implementation of corrective action to resolve errors.
• Manages and oversees trustee functions within the Finance Department.
• Oversees the City’s debt management program and monitor compliance with statutory requirements. Monitors all short and long-term debts of the City and makes all principal and interest payments.
• Reconciles City’s bank accounts; monitors cash flow, makes deposits, transfers money, and ensures all accounts are balanced.
• Assists with year-end audits.
• May assist in developing the City’s budget, including the debt capacity analysis included in the Capital Improvement Plan.
• Assists in providing leadership and direction for day-to-day department operations.

Supervisory Responsibilities.

• Hire and train staff members, as needed.
• Provide supervision and oversight of applicable staff.
• Coordinate schedules of applicable staff.
• Administer City of Manhattan Policies and Procedures in a consistent manner.
• Ensure employees supervised demonstrate productivity, competence, and high morale, as well as utilize employees’ skills and abilities.
• Conduct performance planning and evaluations for employees in a timely manner, to include development of goals, objectives, and deadlines.
• Resolve routine personnel issues or problems.
• Lead and manage staff with clear and consistent communications.

Performs additional duties as required.

• Attends meetings and training.
• Coordinates communication on the status and availability of funds for leadership.
• Conducts research as needed.
• Maintains all records and documentation.
• Ensures compliancy with all applicable regulations, policies, and procedures in all duties.

Requirements Required

Education and Experience

• Bachelor's Degree in Accounting, Business Administration, Finance or closely related field.
• Five (5) years of closely related professional work experience in banking, investments, debt management, and cash management.
• An equivalent combination of education and experience may be considered as meeting the minimum qualifications.

Preferred

Education and Experience

• Master’s Degree in Finance, Accounting, or another related field.
• Experience with…