Director of Treasury Operations |
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Position:
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Director of Treasury Operations
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Date:
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February CY 2011
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Position Code:
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2433
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EEO Code:
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102
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Job Summary:
Reporting to the Chief Financial Officer, Vice President of Finance and Administration, manages and monitors the Institution’s daily operation cash position and requirements, and provides overall direction for Accounts Payable, Accounts Receivable, and Payroll activities.
Major Duties:
- Develops and maintains a process/system for monitoring, managing, and reporting the daily operating cash requirements and position
- Defines and monitors short-term cash scheduling and projections of the Institution’s operating cash flow requirements and prepares Institution reporting, to include Source and Use report
- Coordinates and monitors other banking services, including bank line of credit, account reconciliation efforts, Institution credit card activity, and employee banking needs
- Manages Accounts Payable and Accounts Receivable functions
- Manages cash requirement projections for Institution and manages bank relationships and line of credit
- Prepares cash projections monthly, annually, and for five (5) years
- Reviews and analyzes the accuracy of cash projections vis-à-vis actual (variance analysis) and assists in long-term cash forecasting and the annual budgeting process
- Enforces policies and procedures related to corporate treasury processes
- Manages, controls, and maintains the structure of banking services and fund transfers; includes bank resolutions, signature cards, operating agreements, processing instructions, and implementation of new banking services and technologies
- Maintains commercial banking and lending relationships; negotiates fees and quality standards for services
- Monitors, validates, and initiates timely payments of interest due the federal government for sponsored programs requiring advance funding
- Interacts with/liaison Finance & Accounting staff and other offices and individuals at the Institution involved with handling cash, banking, and investments
- Provides directional leadership for payroll activities
- Performs such other duties as the supervisor may deem necessary
Job Specifications (Knowledge, skills and abilities normally required for competent performance in the job):
- College degree with 5 – 7 years of experience; MBA preferred
- Comprehensive knowledge of broad-based financial functions in addition to financial accounting standards
- Extensive experience with treasury operations, cash management, and bank services and operations
- Must possess strong analytical skills and business awareness
- Strong organization and prioritization skills; ability to work with tight deadlines
- Supervisory and management skills required
- Excellent written and verbal communication skills
- Advanced computer proficiency required; experience with relational databases, spreadsheets, and word processing
Last updated: February 25, 2013 | 
