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Senior Manager, Treasury

Senior Manager, Treasury

Lone Star CollegeThe Woodlands, TX, United States
8 days ago
Job type
  • Full-time
  • Part-time
Job description

Commitment to Mission

This job carries with it the obligation to uphold the Mission of Lone Star College (LSC) in carrying out the duties of the position. A commitment to positive interpersonal behaviors, professional communication, integrity, leadership, stewardship, respect and accountability to LSC students and employees is essential.

Cultural Beliefs

  • One LSC

Student Focused

  • Own It
  • Foster Belonging
  • Cultivate Community
  • Choose Learning

    The Chronicle of Higher Education's "Great Colleges to Work For" is designed to recognize colleges that have been successful in creating great workplaces and to further research and understanding of the factors, dynamics and influences that have the most impact on organizational culture at higher education institutions.

    Lone Star College has been recognized in multiple categories.

    Campus Marketing Statement

    Lone Star College-System Office

    Lone Star College offers high-quality, low-cost academic transfer and career training education to 80,000+ students each semester. LSC has been named a 2023 Great Colleges to Work For institution by the Chronicle of Higher Education.

    LSC consists of eight colleges, seven centers, eight Workforce Centers of Excellence and Lone Star Corporate College.

    Lone Star College-System Office employees are based at one of two System Office locations; The Woodlands and University Park. Both are the site for multiple administrative departments and system-wide training programs.

    Location address is 5000 Research Forest Drive, The Woodlands, TX 77381.

    Job Description

    PURPOSE AND SCOPE :

    In collaboration with the Executive Director, Treasury, position manages and oversees the System-wide treasury function including operations, reporting, and analyses, ensuring that all functions are performed in compliance with regulatory requirements, LSCS policies, and professional standards. The LSCS treasury function includes Commercial Banking and Custodial Banking Relationship Management; Cash Management Operations; Investment Management Operations; Debt Management Operations; and Property Tax Operations. Position supervises and trains Treasury department staff. Reports to and acts on behalf of Executive Director (ED), Treasury. Collaborates with ED, Treasury on strategic, system wide projects and initiatives. Engages with internal and external constituents regarding LSCS treasury matters.

    ESSENTIAL JOB FUNCTIONS :

  • In collaboration with the ED, Treasury, oversees and manages Cash Management Operations such as monitoring daily bank activity, forecasting cash flow using various modeling techniques, establishing a daily cash position that allows for the best possible utilization of cash resources, transferring funds across financial institutions for funding purposes, pooling available cash for investment, managing / mitigating financial risks, funds collateralization, and ensuring adequate liquidity is available to meet ongoing financial requirements. Responsible for the administration of deposit activities across the system to include currency, coin and remote check deposit, courier services and change fund usage
  • Assists ED, Treasury with the execution and management of the System's Investment Management program, including economic and market analysis, investment analytics, transaction execution and settlement, portfolio performance monitoring, and investment policy and strategy compliance. Middle and back-office activities including data management to ensure timely and accurate valuation and reporting of all invested assets, and various compliance, audit, and settlement / safekeeping functions
  • Hires, trains, develops, manages, directs the duties of, and evaluates a team of Treasury employees, and temporary personnel, providing leadership, coaching, career development, and disciplinary actions. Works closely with senior management and employees to improve work relationships, build morale, enhance productivity, and increase retention, while ensuring that employee goals are aligned with departmental goals and Key Performance Indicators are achieved. Manages personnel budget
  • Acts as the technical Subject Matter Expert (SME) for the System's treasury operations function and its complex methods and procedures including Commercial Banking, Cash Management, Debt Management, and Property Tax Operations. Acts as the SME for the ERP Treasury Module(s) and other related systems
  • Leads and / or provides guidance in the resolution of problems that are complex and diverse, requiring strong professional judgement and creative solution development. Performs complex, system-wide financial analyses to support problem resolution and data-driven decision-making. Prepares executive-level reports and presentations. Trains a team of Treasury staff in financial analyses methodologies and procedures
  • In collaboration with the ED, Treasury, leads the development of Requests for Qualifications (RFQ) and Requests for Proposals (RFP) associated with treasury operations services such as armored car, depository, merchant, financial advisory, broker / dealer, and safekeeping services for the system. Monitors and analyzes the associated service expense budgets
  • Reviews and verifies the work of Treasury and other departments' General Accounting, Asset Management, and Property Services'by providing documentation and information related to treasury activities for inclusion in staff journal entries, reconciliations, fund transfers, regulatory reports, and management reports
  • Collaborates with the Executive Director of Treasury to ensure effective management of commercial and custodial banking relationships, maintaining optimal of services and account structures. Oversees bank account and treasury service administration, including the opening, closing, and maintenance of accounts, in alignment with system needs
  • Ensures weekly, monthly, quarterly, and annual analyses and reports, both internal and external, are completed both accurately and on time in accordance with applicable laws, regulations, policies, and procedures. Ensures timely departmental compliance with audit procedures and requirements. Manages departmental document and workpaper archival and retention
  • Continuously reviews, analyzes, and evaluates processes and operations, in collaboration with the ED Treasury, for compliance with regulatory requirements, LSC policies, and professional standards, and for improvement opportunities
  • Directs and manages, for a team of employees, the development and maintenance of desktop procedures, as well as the execution of cross-training ensuring continuous operations of critical functions. Documents and reviews associated roles and responsibilities.
  • Responsible for other reasonable related duties as assigned
  • KNOWLEDGE, SKILLS, AND ABILITIES :

  • Advanced knowledge of industry-leading treasury operations, functions, and practices
  • Knowledge of Generally Accepted Accounting Principles (GAAP) for governmental entities as established by the Governmental Accounting Standards Board (GASB)
  • Excellent mathematical and financial modeling skills
  • Strong data management skills with the ability to recognize, query and retrieve data from ERP and other financial information systems
  • Ability to perform complex, financial, and statistical computations as well as providing analysis of various types of data with a high degree of accuracy and integrity
  • Intermediate Excel skills to perform complex financial and statistical calculations, organize and analyze large data sets, and create meaningful charts and graphs
  • Ability to interpret detailed financial data, converting it to data-based reports and recommendations
  • Excellent communication skills, both oral and written, with the ability to effectively communicate complex financial concepts to people at all levels
  • Strong ability to share knowledge and train others
  • Proven project management skills that lead to timely completion of projects and routine work
  • Ability to effectively envision, develop, and implement change that aligns with organizational goals
  • Ability to develop strong, trusting relationships to gain support and achieve results
  • Excellent decision-making, conflict resolution, and problem-solving skills
  • Ability to learn to serve as the Subject Matter Expert (SME) for ERP Treasury Module(s) and other related systems
  • PHYSICAL ABILITIES :

    The work is sedentary. Typically, the employee sits comfortably to do the work. However, there may be some walking; standing; bending; carrying of light items, such as papers, books, or small parts; or driving an automobile. No special physical demands are required to perform the work.

    WORK SCHEDULE AND CONDITIONS :

  • Equipment used includes, PC workstation running on a LAN in a Microsoft Windows environment, calculator, phone, and other general office equipment
  • Interface with internal and external contacts as needed to carry out the functions of the position
  • Work is performed in a climate-controlled office with minimal exposure to safety hazards
  • Remote work policy in place
  • Position may require some travel within the LSCS service area
  • REQUIRED QUALIFICATIONS :

  • Bachelor's degree and at least 5 years of experience, or an equivalent combination of education and experience
  • Bachelor's degree in Accounting, Business, Finance, Economics or a related field
  • Experience must include at least 3 years in a management level position
  • PREFERRED QUALIFICATIONS :

  • Master's degree in Accounting, Business, Finance, Economics or a related field
  • At least one of the following professional certifications; Certified Treasury Professional (CTP), Financial Planning & Analysis Certification (FPAC), Certified Public Accountant (CPA), Certified Management Accountant (CMA) or Chartered Financial Analyst (CFA)
  • Current Texas Public Funds Investment Act certification
  • Salary

    Hiring salary range is $83,159 to $95,633

    Lone Star College provides a hiring salary range for all posted full-time non-faculty positions. Where your salary offer would fall in that range is determined by your related experience and education. Should you receive an offer of employment from Lone Star College, the resume submitted in the application process will be utilized to calculate your salary offer. The information outlined below will provide the Office of Human Resources everything needed to determine an accurate starting salary.

    Your resume should provide a complete picture of your work experience. The resume should include the following information for each position listed :

  • Length of time (specific months and years) of employment
  • If the position was full time or part time
  • If the position was paid or unpaid
  • Level of degree completed including date earned.
  • Unofficial transcript for highest earned degree
  • Additionally, any certifications listed as required or preferred in the Lone Star College job description should be included in the resume submitted.

    Benefits Marketing Statement

    By joining our top-notch institution, you will enjoy being a part of an organization that offers a supportive, collegial work environment and excellent work / life balance. This includes a full comprehensive and competitive benefits package, a generous number of paid holidays and vacation days, wellness programs, tuition waiver, professional development opportunities and more.

    Special Instructions

    Go to the Job Search page, click on 'My Activities' at the top of the page. Under My Cover Letters and Attachments you will click on 'Add Attachment.' Please be sure to put the Job ID# in the title once you name your file for cover letters only, unless you attached your cover letter with your resume.

    If you are applying for an Instructional position (i.e. Faculty, Adjunct Faculty, Instructor), please ensure you include the following to be considered : Resume / CV, Cover Letter, Teaching Philosophy, and unofficial transcripts.

    You must limit your file name for any attachment to 40 characters or less.

    How to Apply

    ALL APPLICANTS MUST APPLY ONLINE ONLY

    We will not accept application material received via fax, email, mail, or hand delivered.

    Postings for part-time and adjunct positions are active for the academic year. By selecting the option to receive notifications on your profile, you will begin receiving electronic communication regarding new opportunities with Lone Star College (LSC).

    If selected for an interview, a recruiter will contact you by phone, or email to schedule an interview.

    Lone Star College participates in the E-Verify program, under which Lone Star College provides the federal government with information from each new employee's Form I-9 to confirm that the employee is authorized to work in the United States.

    More information on the E-Verify program is available at www.dhs.gov / E-Verify .

    Lone Star College is an EEO Employer. All positions are subject to a criminal background check.

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    Treasury Manager • The Woodlands, TX, United States

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