Treasury Director

At the MBTA we envision a thriving region enabled by a best-in-class transit system. Our mission is to serve the public by providing safe reliable and accessible transportation. MBTAs Core Values are built around safety service equity sustainability and culture. Each employee that works for the MBTA performs their roles based on our vision mission and values. This includes attendance participation and contribution in local safety committee meetings as needed.

Job Summary

The Treasury Director assists in the central function of managing the MBTAs debt portfolio cash position and investment accounts. The Director has responsibility for maintaining the bond book bond accruals tracking commercial paper reviewing and approving fuel hedge invoices maintaining and updating finical disclosure and the production and monitoring of the of the departments debt service and operating annual budget. The Treasury Director will also assist in the production and evaluation of RFPs and interface with Financial Advisors the MBTAs underwriting syndicate and bond counsel. The Director will also be part of the team that works with the Build America Bureau on RRIF and TIFIA loan development execution and ongoing reporting. The Director will also coordinate with the Finance Department and help prepare presentations to the MBTA Board of Directors and the MBTAs executive leadership.

Duties & Responsibilities

• Maintains tracking of Authoritys funding sources including revenue bonds commercial paper bank loans leases and federal loans
• Create and maintain reports of tax-exempt bond proceed spending on qualified capital projects.
• Conduct invoice review and facilitate payments with Accounts Payable and Cash Bank.
• Develop the Sustainability Bond report.
• Coordinate Treasurys activities with Capital Planning and Oversight and Accounting.
• Manage daily banking needs of the Authority which includes reviewing and releasing wires and coding transactions for the general ledger.
• Issues Requests for Proposals (RFPs) and negotiates contracts for banking services debt transactions renewals and amendments between enterprise financial institutions merchant providers and other vendors.
• Interface with commercial and investment banks trustees financial advisors credit card processors consultants and rating agencies among others.
• Prepare and monitor Treasury Departments annual and quarterly budgets and expenditures.
• Assist in production and delivery of quarterly debt disclosure.
• Manage fuel hedge invoice review and reporting
• Contribute to operational improvements of treasury financial systems implementation of updates and optimization.
• Evaluates and recommends initiatives to enhance risk mitigation and fraud protections.
• Evaluates requests for department and enterprise-wide banking services.
• Perform all other duties and projects that may be assigned.

Minimum Requirements & Qualifications

Substitutions Include

Preferred Experience and Skills

Job Conditions :

Disclaimers and Definitions :

Required Experience :

Director

Key Skills

Fundraising,Management Experience,Coaching,Analysis Skills,Strategic Planning,Team Management,Budgeting,Leadership Experience,Mentoring,Public Speaking,negotiation,Supervising Experience

Employment Type : Full-Time

Experience : years

Vacancy : 1

Yearly Salary Salary : 128540 - 144198