Treasury And Revenue Manager

General Description

Under the guidance and supervision of the Chief Financial Officer (CFO) and City Manager, responsible for the organization and supervision of the Revenue, Debt Management, and Investments Division personnel for the timely receipt and recognition of revenue processing. Directs the city’s cash management and investment functions with the goal of enhancing the city’s interest income returns within the parameters of best financial management practices.

All investment decisions must be in compliance with State of Georgia standards, City Council adopted investment policy; and require approval of both the CFO and City Manager.

The functions listed below are those that represent the majority of the time spent working in this position. Management may assign additional functions related to the type of work of the position as necessary.

• Leads the activities of the division through supervision and coordination of the work. Responsible for maintaining accurate & reliable revenue recognition procedures and evaluating internal controls. Oversees implementation of new treasury systems with adherence to generally accepted accounting principles and training of staff.
• Responsible for timely and accurate billing, collection, and recording of various revenue. Reviews and manages the Accounts Receivable balances and directs payments into the COSF’s Bank Accounts. Develops governmental revenue budgets (revenue anticipations) for the Executive and Legislative branches of City government with the Budget Office. Administers and monitors City Revenue policies and procedures, systems, and technology. Develops Standard Operating Procedures (SOPs) for cash management, investments, revenue collection, etc, and implements a robust training program for division staff and, as appropriate, other COSF staff.
• Efficiently administers the city’s collection policies and procedures to maximize collection rates and minimize outstanding debts. Oversees Discovery Audits and seeks new and alternative equitable revenue sources. Supports legislative hearings on license applications, proposed revenue sources, and amendments to the revenue budget. Monitors and evaluates collection performance. Prepares revenue projections, variance analysis, and management reports with recommendations for corrective action.
• Prepares financial reports and statistics for the CFO, City Manager, City Council, state agencies and others. Oversees investment performance, mail room check receipts, remittance processing, bank deposits, check issuances and cash report revenue recognition. Assists internal and external auditors in audits of depository bank accounts.
• Plans, directs, and manages the investment program of the City of South Fulton; manages investments for the city’s various portfolios, and those monies held and invested by outside trustees. Plans, directs, and manages the city’s cash flow to increase the amounts of cash available for investments.
• Directs cash management, banking services, and investment functions within the parameters of City Council’s adopted Investment Policy. Monitors goals and reports monthly and quarterly on investment program activity. Develops short- and long-range plans to ensure that all operations are effectively and efficiently performed. Prepares cash management and investment information for statistical and management reports.
• Recommends legislation to improve investment operations and increase maximization of City resources. Advises Chief Financial Officer, City Manager, and City Council on aspects of programs. Maintains communications with city departments, the banking community and broker/dealers. Establishes investment strategy and determine appropriate investment mix of…