Manages Treasury department with responsibilities for cash and treasury operations, short-term borrowing, and short-term investments and payments. Monitors compliance with Treasury department goals. Assesses the products, services, technologies and systems that are available and appropriate for treasury departments. Acts as primary support for all users and implementation of cash management services. Evaluates and recommends treasury initiatives, changes to bank/trustee relationships and day-to-day treasury operations. Creates, maintains and updates university treasury operational policies and evaluation of such activities throughout the organization.
|Priority||Time (%)||Task (Performs other related duties as assigned or requested. The university reserves the right to add or change duties at any time.)|
||%||Manages Treasury department with responsibilities for cash and treasury operations, short-term borrowing, and short-term investments and payments. Analyzes and reports on cash and treasury operations, bank relationships, debt and liquidity management, short-term borrowing and investing, payments and special projects. Identifies trends in financial drivers and performance. Applies mathematical or statistical techniques to address financial needs. Performs ad-hoc risk analysis and modeling. Analyzes, evaluates and interprets financial data, draws conclusions and presents recommendation on decisions and actions. Prepares written reports, as required.|
||%||Assists with long-range financial planning in areas such as working capital markets and capital projects, including financing needs. Participates in special projects, including debt issuance and rating agency requests.|
||%||Designs and maintains efficient and effective budget and financial models (e.g., cash flow, debt) using best practices and analytical methodologies. Prepares monthly flux analysis of actual to budget variance. Updates financial models on a regular basis ensuring accuracy and consistency with latest practices and guidelines.|
||%||Develops and maintains relationship with other departments. Acts as primary contact for department. Provides daily internal user support for all projects and services. Notifies department management of problems and/or opportunities. Prepares and conducts training workshops for bank/trustee/merchant products and services.|
||%||Prepares, roll ups and presents university daily cash position and cash forecast ensuring timely and accurate data. Determines daily cash balances available for short term investment (buy/sell). Executes cash transactions and resolve errors (A/P Fed Wires, ACH Tax payments, Investment FedWires, etc.). Ensures adequate liquidity.|
||%||Establishes new bank accounts (domestic & international). Implements and maintains all treasury systems (e.g., WorkBench, CitiDirect, CashPro, EMMA, etc.) and trains staff on those systems.|
||%||Participates in audit, compliance and accounting related projects.|
||%||Identifies areas that need improvement or increased efficiencies and implements industry best practices. Develops, implements and maintains policies, procedures, operational controls and standards for cash management and debt activities. Ensures compliance with internal controls, policies and procedures in the daily conduct and supervision of cash management activities.|
||%||Stays informed of developments in field. Reads pertinent literature, attends meetings and participates in professional associations as appropriate. Establishes and maintains an active network of professional contacts.|
In the event of an emergency, the employee holding this position is required to "report to duty" in accordance with the university's emergency operations plan and/or the employee's department's emergency response and/or recovery plans. Familiarity with those plans and regular training to implement those plans is required. During or immediately following an emergency, the employee will be notified to assist in the emergency response efforts, and mobilize other staff members if needed.
|Minimum education||Preferred education|
|Minimum experience||Preferred experience|
|5 years||7 years|
|Minimum field of expertise||Preferred field of expertise|
|Degree in finance or business. Prior treasury, investment banking and/or financial experience. Strong knowledge of risk management and banking practices, including foreign exchange. Familiar with Generally Accepted Accounting Principles (GAAP). Understanding of accounting, finance, treasury and tax matters. Strong analytical, critical thinking and organization skills. Ability to communicate effectively with all levels in organization (both written and verbal) and handle multiple priorities.||Certified Public Accountant and/or Certified Treasury Professional designation.|
|Minimum experience||Preferred experience|
|May oversee student, temporary and/or resource workers.|
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
The University of Southern California is an Equal Opportunity Employer