Manages investment portfolio transactions and reporting. Manages debt servicing, covenant compliance and reporting. Other responsibilities include analysis of cash and treasury operations and services. Monitors compliance with Treasury department goals.
MANAGES CASH FLOWS, MOVEMENTS, AND TRENDS TO ASSESS LIQUIDITY NEEDED TO SUPPORT ORGANIZATIONAL REQUIREMENTS AND GOALS.
*Manages short and long term cash forecast models that project and evalulate liquidity needs.
*Prepares consistent and accurate projections of future short-term cash positions which identify working capital needs and assist in attaining overall corporate cash flow objectives.
*Works closely with Cash Manager to monitor cash flow forecast variance to actual, determine and analyze cause(s) of variance(s), and recommend forecast model refinements as needed.
*Maintains schedules which calculate and trend days cash on hand.
*Participates in projects to develop and enhance financial models and analysis tools.
*Prepares routine and ad hoc reports for internal and external distribution.
MANAGES DEBT SERVICING, COVENANTS AND REPORTING
*Manages timely and accurate remittance of debt service payments and fees, including principal and interest payments, swap settlements, standby letters of credit and other liquidity related and remarketing fees.
*Prepares schedules and reports to support and account for debt service activity.
*Manages other operational activities related to debt issuance, servicing, and requisition of bond proceeds, including MTM valuation of swaps and related debt issues.
*Prepares required bond and debt service disclosure documents for approval; distributes and posts as mandated for compliance with bond documents and other debt agreements.
*Prepares routine and ad hoc analytical reports and schedules as requested by leadership.
INVESTMENT PORTFOLIO MANAGEMENT AND REPORTING.
*Develops and maintains routine investment performance reports which include appropriate benchmarks for timely and proactive reporting.
*Develops and maintains investment worksheets to monitor board approved investment allocation.
*Prepares schedules and reports to account for monthly investment transactions and related activity.
*Performs and assists in other investment related reporting and projects as requested.
*Prepares certain Investment and debt service account reconciliations.
PERFORMS ANALYSIS OF BANKING ACTIVITIES, CHARGES, AND RELATIONSHIPS.
*Analyzes bank services and related fees; prepares reports which highlight cost/benefit relationship for services provided and support improvements and suggestions for optimization of bank services.
*Performs routine analysis of the quality and safety of current bank relationships to be used to monitor and evaluate current relationships.
*Assesses products, services, and technology, recommending initiatives that add value and enhance operations.
PERFORMS OTHER POSITION APPROPRIATE DUTIES AS REQUIRED IN A COMPETENT, PROFESSIONAL AND COURTEOUS MANNER.
*Maintains a working knowledge of GAAP and other reporting requirements for investments and debt instruments.
*Works to resolve operational problems and introduce solutions that increase the efficiency and effectiveness of Treasury Services; identifies cost-saving and profit maximizing opportunities.
*Assists in preparation of annual budgets; manages expense to meet budget goals.
*Assists in development of policies, procedures, operational controls and standards related to all aspects of Treasury operations.
*Ensures compliance with internal controls, policies and procedures in day-to-day conduct and supervision of investment and financing activities.
REQUIRED SKILLS, KNOWELDGE AND ABILITY:
*A Bachelor's degree (e.g., BA, BS, BSN, BSW) in Business, Accounting, Finance.
*Three to five years experience in Accounting and finance required.
*Familiarity with retail and investment banking, portfolio investment; working knowledge of GAAP.
*Ability to analyze and present financial data.
*Proficient in Excel & PowerPoint.
Experience: 3+ Years
Department: CorpSv Treasury Services
Standard Hours Per Week: 40
Scott & White - 10 months ago