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Treasury Manager

Complete Staffing Solutions, Inc. Burlington, MA

  • Expired: over a month ago. Applications are no longer accepted.
Job Description

If interested, please attach your resume in WORD

RESPONSIBILITIES

Under the direction of the VP – Treasurer, this position is responsible for managing the treasury activities which include the care and custody of funds and other financial assets as well as the banking, debt management and credit.

 

CASH MANAGEMENT:

  • Manages daily cash position with short term investments or borrowings
  • Monitors investment vehicles and interest rates to determine ideal daily investments.
  • Plans and manages payables/receivables and transfer of funds for optimal interest earnings and minimal bank feels
  • Manages investment portfolios of approximately $1.2 billion ($800 million endowment and $400 million pension assets).
  • Forecasts cash flow and the borrowing/investment of funds as cash flow dictates.
  • Manages the preparation of daily, monthly and quarterly cash flows actuals, budgets and forecasts.

 

BANKING OPERATIONS:

  • Helps maintain banking relationships in the areas of short-term debt and investments, leasing, and cash management tools through person-to-person and telephone meetings.
  • Monitors bank fees and recommends economies for savings or adding new services.
  • Maintain all banking records.
  • Helps maintain a cash management policies and procedures and service level agreements

 

INVESTMENT MANAGEMENT:

  • Prepares quarterly investment report including performance and allocation information.
  • Staffs Investment Committee, including preparing agenda, all financial analysis and all presentation materials for the Investment Committee meetings.
  • Helps maintain investment guidelines.
  • Ensures that all investments comply with the investment guidelines.
  • Maintains all records for investment management, including payment of fees.
  • Manages distributions of cash and securities for Venture Capital and Real Estate investments.
  • Manages investment and establishes controls to ensure the proper use of all restricted unrestricted and temporarily restricted funds

 

BUDGETS:

  • Prepares annual budgets for all Treasury related accounts such as :
    • Treasury Administration
    • Leasing
    • Bond Expense
    • Interest Expense
    • Investment Income
    • Bank Fees
  • Performs monthly analysis of budget to actual for all accounts.

 

DEBT MANAGEMENT:

  • Distributes quarterly reporting to bondholders.
  • Helps maintain compliance reporting for bonds.
  • Helps maintain covenant schedule and monitors quarterly for compliance.
  • Manages aggregate debt structures with interest and principal payments.
  • Supports investor and rating agency calls/reviews

 

Staff:

  • Trains and supervises staff in all the areas mentioned above.
  • Approximately 2-3 staff members

 

EXTERNAL RELATIONSHIPS:

  • Helps maintain and develop relationships in the following areas:
    • Custodian
    • Banking
    • Trustees
    • Investment Advisors
    • Investment Managers
    • Pension Plans
    • Rating Agencies

OTHER:

  • Provides support in connection with the annual audit
  • Engages in project work
  • Financial analysis as requested.

REQUIREMENTS

 

  • Bachelors Degree in Accounting or Finance.
  • 5 + years related experience
  • Healthcare industry a plus but not mandatory
  • Must be a highly self-motivated individual with the ability to function in a fast-paced environment with limited supervision and direction.
  • Must be able to handle multiple, complex tasks and priorities.
  • Requires strong interpersonal skills to effectively supervise staff and work and communicate with all levels of management.
  • Must have strong analytical skills.
  • Must be able to effectively mentor staff and foster a supportive and growth-oriented environment.
  • Must have strong computer skills on various software products and systems including automated general ledger, spreadsheets, word-processing, etc.
  • Must be a dedicated team player with the willingness and desire to learn and grow within the organization.

Complete Staffing Solutions, Inc.

Address

Burlington, MA
01803 USA
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