Cash and Investment Manager - Tiered Sign-On Bonus up to $5,000

What You'll Be Doing

Lead Wake County's Financial Future as Our Next Cash & Investment Manager! As the Cash & Investment Manager of Wake County, you will be responsible for managing the County’s cash and investments which includes, but is not limited to, forecasting appropriate and necessary daily cash liquidity, maximizing earnings of diversified investments in accordance with NC general statutes, tracking and reconciling cash and investment balances, reporting cash and investment balances and performance, tracking investment performance and industry trends, completing required statutory reporting and reporting related to deposits and investments for ACFR, managing banking and brokerage relationships and performing other tasks as assigned, while in frequent collaboration with the County’s external investment advisory firm, as necessary.

• Process daily cash transactions including incoming and outgoing wires and ACH transfers
• Strategically plan to ensure near-term liquidity to supports timing and level of County expenditures
• Pursue appropriate permissible investments per County’s defined investment strategy
• Make investment decisions independently while in collaboration with external investment advisor
• Partner with banks, brokerage firms and other industry professionals to make investments
• Forecast, manage and track investments with Sympro Investment Software
• Track relevant economic indicators which affect interest rates and County interest income
• Perform required reconciliations and complete required reporting
• Provide relevant investment portfolio updates to Finance Department and possibly County leadership as requested

Wake County’s Finance Department strives to be an innovative leader in Government Finance by utilizing leading-edge technology to improve business processes, providing timely and accurate financial information, and demonstrating fiscal responsibility through appropriate management and utilization of taxpayer funds. The Finance Department supports and partners with other internal County departments and external organizations to provide efficient and effective customer service.

• Bachelor's degree in Finance or related field
• 5 years of experience managing Cash and Investment Portfolio for an organization
• Equivalent education and experience are accepted
• Please include ALL prior work experience on your application and resume.

• 5 to 10 years of experience managing Cash and Investment Portfolio for a local government
• Familiarity with investment software and Microsoft Office
• Solid background in strategic planning, cash flow management and investment management

• Solid knowledge and understanding of diversification and laddering strategies for investments
• Proficient skills in Microsoft Office applications and internet-based tools
• Organized and detail-oriented with the ability to thrive in fast-paced environment
• Ability to exercise sound judgment and work independently
• Ability to partner well with external professionals in making important, timely investment decisions in the best interests of the County and its citizens
• Demonstrate solid analytical, strategic, problem-solving and critical-thinking skills
• Ability to communicate thoughtfully, clearly, and succinctly, both verbally and in writing
• Ability to present information to leadership and in public forums, as necessary
• Bachelor's degree in Finance, Accounting, or related field
• Minimum 4 years experience managing Cash and Investment Portfolio for an organization
• Equivalent education and experience considered About This
  
  Position Location:
  
  Justice Center Raleigh, NC 27602

Employment Type:

Regular

Work Schedule:

Mon - Fri 8:00 am - 5:00 pm

Hiring Range: 112,500 to 137,500;
Market Range: 88,

Please include ALL prior work experience on your application and resume.

Equal Opportunity Statement
Wake County provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.

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