This position manages and optimizes the City’s cash flow and revenue and evaluates fiscal decisions in order to meet financial obligations. The treasurer provides investment management, debt management, and cash management processes. In addition, this position forecasts cash flow positions and analyzes risk and reward of financial decisions for City departments and funded agencies. The incumbent supervises lower level finance positions and performs special projects as assigned by City leadership.
• Manages the investments of the city funds and provides current status, activity and performance reports to administration. Invests funds in accordance with sound financial practice and City policy, maintaining safety and liquidity while maximizing yield.
• Develop and implement sound investment principles in compliance with statutory requirements for investments and depository purposes.
• Develop, recommend, and oversee investing policies, practices, and procedures; reviewing and analyzing data.
• Maintain the City’s formal investment policy and compile documentation for the annual review of the City’s expanded investment powers by the Pooled Money Investment Board.
• Evaluate completeness and accuracy of all transactions relevant to treasury functions to include discrepancy identification, and determination and implementation of corrective action to resolve errors.
• Maintain accurate, timely records and reports through the processing of accounting data and generation of required reports.
• Manage and/or oversee trustee functions within the Finance Department.
• Oversee the City’s debt management program and monitor compliance with statutory requirements. Monitor all short and long-term debts of the City and makes all principal and interest payments in a timely fashion.
• Oversee the administration and record keeping of special assessment process and debt.
• Monitors cash flow to ensure sufficient funds are available.
• Reconciles City’s bank accounts. Deposits and transfers money between accounts. Maintains updated information in all accounts and ensures all accounts are balanced timely.
• Maintain positive working relationships with financial institutions, broker-dealers, bond rating agencies, bond counsel and others.
• Works with auditors at year-end. Generates reports and presents all financial data as required for the audit.
• Conducts the necessary research and provides support materials to aid administration in making informed decisions.
• Assist in day-to-day departmental operations and provide periodic departmental reports.
• Assist the Director in providing leadership and direction for the City and its departments regarding treasury matters.
Supervisory responsibilities (if applicable)
• Lead functional areas to optimize divisional efficiencies and service delivery.
• Maintain staff by recruiting, selecting, orienting, and training employees and developing personal growth opportunities.
• Monitor employee productivity and provide constructive feedback and coaching.
• Set goals for performance and deadlines in ways that comply with the City’s plans and vision and communicate them to direct reports.
In accordance with the Americans with Disabilities Act, reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
• Contribute to a work environment that encourages knowledge of, respect for, and development of skills to engage with those of other cultures or backgrounds.
• Represent the department and serve as a resource by participating on various committees as appropriate.
• Promote a positive image of the City by participating in community organizations, as well as national, state and local professional associations.
• Remain competent and current on best finance practices through self-directed professional reading, developing professional contacts with colleagues, attending professional development courses, and attending training and/or courses as directed by the Director of Finances.
• May assist in developing the City’s budget, including the debt capacity analysis included in the Capital Improvement Plan.
**Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
This position reports directly to the Director of Finance.
Required education and experience
• Bachelor's degree in Finance, Accounting, Business, or other related field.
• Five years of closely related professional work experience in banking, investments, debt management and cash management.
• An equivalent combination of education and experience may be considered as meeting the minimum qualifications.
Preferred education and experience
• Knowledge of municipal, state, or federal government operations.
• Prior supervisory experience.
• High level user of spreadsheets, word-processing, and relational databases.
• Experience with AS/400 operating environment.
Work is typically performed in an office environment and requires minimal travel. This position may be required to travel, which could include overnight stays, as directed by leadership.
Work authorization/security clearance requirements
Employment is contingent upon your unrestricted authorization to work in the United States and providing documentation establishing your identity and authority to work within the time period specified by law.
• Job Knowledge: Employee demonstrates knowledge of established policies and procedures as well as the sufficient skills and knowledge to perform all parts of the job effectively and efficiently. Employee maintains quality/quantity standards, completes work thoroughly in a reasonable amount of time, meets or surpasses established goals.
• Initiative: Employee recognizes and analyzes work-related problems and uses available resources to evaluate and recommend potential solutions. Employee uses good judgment to arrive at sound conclusions that display innovation.
• Attendance: Employee does not abuse leave practices and is fully ready to work at the beginning of their work schedule and continues until their workday is done. Employee can consistently be relied on to perform in a professional manner and seldom needs to be reminded.
• Customer Service: Employee provides prompt and friendly service to internal and external customers. Employee helps identify customer needs through courteous questioning and a sincere desire to be helpful, considers/recommends alternatives to customers when needed, and follows up with customers, as appropriate, to insure satisfaction. Employee conveys a positive and professional image at all times while representing the City.
• Teamwork: Employee maintains smooth working relationships and demonstrates tact and diplomacy in negotiations or confrontations with others. Employee is accessible to others and responsive to their questions, needs and concerns, as well as shares information, credit and opportunities. Employee supports and appreciates the diversity of co-workers, students, customers, and visitors.
• Communication: Employee communicates in a manner that is professional, understood, courteous, and effective, which includes effective listening skills. Employee seeks and considers ideas from others on issues and is considerate of the communication styles of others. Employee prepares written communications/documents that are complete, clear and understandable as well as keeps supervisor, co-workers and internal units informed.
• Safety: Employee is aware of job safety procedures and stays informed of changes in safety procedures. Employee practices safety work habits, reports possible safety hazards to supervisor, and attends safety-training programs, as appropriate.
• Leadership (for supervisory roles): Employees supervised by leader demonstrate productivity, competence and high morale. Leader resolves routine personnel issues or problems. Leader utilizes employees’ skills and abilities and provides supervision, feedback and training for employees. Leader develops goals, objectives and deadlines and communicates them to employees as well as conducts performance evaluations in a timely manner.
Affirmative Action/EEO statement
The City of Manhattan values diversity. We are always looking for qualified Minority, Veteran, Women and Disabled applicants to fill available employment vacancies. We are an Equal Opportunity Employer.