Debt Manager

Job Description

Job Description

We are looking for a skilled Debt Manager to oversee the financial operations related to municipal bonds and debt obligations in Cleveland, Ohio. This role requires a strong background in debt management and financial compliance, as well as the ability to maintain accurate records and prepare critical financial reports.

Responsibilities :

• Manage the activities of the Sinking Fund, ensuring proper oversight of the City's bond retirement fund.
• Coordinate and facilitate the issuance of municipal bonds and notes for both the General Fund and various enterprise funds.
• Maintain comprehensive records of the City’s outstanding debt obligations, tracking payments through maturity.
• Ensure timely deposits and payments for all principal and interest, adhering to financial schedules.
• Supervise the reconciliation process for bond payments, guaranteeing accuracy and compliance.
• Oversee compliance with financial covenants and continuing disclosure requirements.
• Prepare budgetary information related to debt management and bond issuance.
• Supervise accounting processes and records associated with the Sinking Fund.
• Collaborate on the preparation of debt-related sections of the annual financial audit.
• At least 5 years of experience in debt management, municipal bonds, or related financial roles.
• Strong expertise in handling bonds and debt capital.
• Comprehensive knowledge of municipal finance and debt compliance regulations.
• Proficiency in managing detailed financial records and reconciliation processes.
• Experience in preparing legislation for bond issuance and financial disclosures.
• Ability to oversee accounting activities with a focus on accuracy and compliance.
• Advanced skills in budgeting and audit preparation related to debt obligations.