TalentSource
Director of Treasury
TalentSource, South Bend, Indiana, us, 46626
Are you a Treasury leader with nonprofit/ government experience looking for a new role in South Bend, IN?
You will oversee the cash management strategy, liquidity, and working capital in this role. They analyze opportunities for issuing new debt or restructuring existing debt and ensure compliance with all payment and disclosure requirements related to debt. Their supervision of the Accounts Payable and Payroll functions ensures consistency and accuracy in the payment of employees and vendors. They also oversee and coordinate the month-end close, monthly financial reports, and annual financial reports. As a member of the Administration & Finance Leadership Team, they bring their expertise and influence to strategic financial decisions.
SUPERVISION EXERCISED:
Supervision of Accounts Payable, Payroll, Staff Accountant, Financial Specialist IV, and any and all other matters of financial control as defined by the Controller.
ESSENTIAL DUTIES AND RESPONSIBILITIES :
Cash Management
Process
Compile and review bank reconciliationsInvestigate and resolve variances between the General Ledger and the bank statements.Designs processes for revenue recognition and ensures compliance with established policies for recognizing revenue and cash receipt.Ensure that all appropriate cash management internal controls are in place, including designing and standardizing cash deposit processes.Serve as the single point of contact for all bank representatives.Record interest and investment income, and work with Investment advisors to manage investment portfolio.
Strategy
Design and implement cash management strategy and philosophy, including bank utilization strategy, cash reserve requirements, interest allocation rules, and strategies to maximize interest and investment earnings.
Debt Management
Process
Maintain debt master list and amortization schedules.Ensure that all debt payments are made accurately and timelyEnsure principal and interest expenses are accurately recorded and perform accrued interest calculations.Organize and digitize all debt-related documentationEnsure compliance with applicable continuing disclosure and arbitrage rebate requirementsLead the process to issue of new debt, including bonds and capital leases.
Strategy
Design debt strategy and philosophy, including defining manageable debt levels, designing analytical processes that must be followed before issuing debt, deciding strategies for working with municipal advisors for issuance, continuing disclosure, arbitrage rebate, and more.Assist the Controller and Deputy Controller in evaluating and recommending project funding mechanisms.
Accounts Payable & Payroll
Oversee Accounts Payable (AP) and Payroll functions, ensuring that employees, pensioners, and vendors are paid accurately and timely.Guide and participate in configuration and management of financial systems used by Accounts Payable and Payroll staff members.Ensure that all appropriate AP/Payroll Internal Controls are in place and that all AP and Payroll processes are effective, efficient, and well-documented.Define metrics and design a tracking mechanism for AP and payroll processes.Initiate and record wire transfers as needed.Performs other duties and assume other responsibilities as delegated.EDUCATION / QUALIFICATIONS:
Position requires a Bachelor's Degree in business administration, accounting or finance from an accredited four year university educational program institution.Master's Degree in a related field or proven private or public sector experience is preferred.Demonstrated successful experience in a governmental entity or private sector enterprise is preferred.A Certified Public Accountant or Certified Public Accountant candidate is preferred.KNOWLEDGE AND ABILITY:
Thorough knowledge of accounting principles and practices, including knowledge of GASB standards and GFOA best practices.Ability to initiate sound fiscal operation.Ability to deal with vendors and ability to supervise other personnel.Ability to assist with the formulation of department goals and objectives, prepare policy recommendations, and assist with the setting of departmental prioritiesAbility to perform various quantitative analyses in the areas of policy analysis, program evaluation, financial analyses, financial forecasting, and cost analysisAbility to utilize intermediate computer spreadsheet capabilities and various other computer-based instruments for analysis.
Pay: 90-96kDirect hire & GREAT benefits
Headquartered in North Central Indiana and founded in 2009, TalentSource is a sole source recruiting firm offering an awesome team of subject matter experts in talent acquisition! We are recruiting generalists and provide professional job placement in a wide range of disciplines and industries, including temporary and perm placement, payroll, and specialty staffing solutions to a wide variety of top notch clients! TalentSource is committed to establishing a long-term relationship with both their clients and candidates. They achieve their mission of providing superior customer service through customized talent solutions, with an emphasis on quality and continuous improvement. To learn more about TalentSource please visit us at www.talentsourcestaffing.com! TalentSource is an Equal Opportunity Recruiting Firm. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.#IND123
You will oversee the cash management strategy, liquidity, and working capital in this role. They analyze opportunities for issuing new debt or restructuring existing debt and ensure compliance with all payment and disclosure requirements related to debt. Their supervision of the Accounts Payable and Payroll functions ensures consistency and accuracy in the payment of employees and vendors. They also oversee and coordinate the month-end close, monthly financial reports, and annual financial reports. As a member of the Administration & Finance Leadership Team, they bring their expertise and influence to strategic financial decisions.
SUPERVISION EXERCISED:
Supervision of Accounts Payable, Payroll, Staff Accountant, Financial Specialist IV, and any and all other matters of financial control as defined by the Controller.
ESSENTIAL DUTIES AND RESPONSIBILITIES :
Cash Management
Process
Compile and review bank reconciliationsInvestigate and resolve variances between the General Ledger and the bank statements.Designs processes for revenue recognition and ensures compliance with established policies for recognizing revenue and cash receipt.Ensure that all appropriate cash management internal controls are in place, including designing and standardizing cash deposit processes.Serve as the single point of contact for all bank representatives.Record interest and investment income, and work with Investment advisors to manage investment portfolio.
Strategy
Design and implement cash management strategy and philosophy, including bank utilization strategy, cash reserve requirements, interest allocation rules, and strategies to maximize interest and investment earnings.
Debt Management
Process
Maintain debt master list and amortization schedules.Ensure that all debt payments are made accurately and timelyEnsure principal and interest expenses are accurately recorded and perform accrued interest calculations.Organize and digitize all debt-related documentationEnsure compliance with applicable continuing disclosure and arbitrage rebate requirementsLead the process to issue of new debt, including bonds and capital leases.
Strategy
Design debt strategy and philosophy, including defining manageable debt levels, designing analytical processes that must be followed before issuing debt, deciding strategies for working with municipal advisors for issuance, continuing disclosure, arbitrage rebate, and more.Assist the Controller and Deputy Controller in evaluating and recommending project funding mechanisms.
Accounts Payable & Payroll
Oversee Accounts Payable (AP) and Payroll functions, ensuring that employees, pensioners, and vendors are paid accurately and timely.Guide and participate in configuration and management of financial systems used by Accounts Payable and Payroll staff members.Ensure that all appropriate AP/Payroll Internal Controls are in place and that all AP and Payroll processes are effective, efficient, and well-documented.Define metrics and design a tracking mechanism for AP and payroll processes.Initiate and record wire transfers as needed.Performs other duties and assume other responsibilities as delegated.EDUCATION / QUALIFICATIONS:
Position requires a Bachelor's Degree in business administration, accounting or finance from an accredited four year university educational program institution.Master's Degree in a related field or proven private or public sector experience is preferred.Demonstrated successful experience in a governmental entity or private sector enterprise is preferred.A Certified Public Accountant or Certified Public Accountant candidate is preferred.KNOWLEDGE AND ABILITY:
Thorough knowledge of accounting principles and practices, including knowledge of GASB standards and GFOA best practices.Ability to initiate sound fiscal operation.Ability to deal with vendors and ability to supervise other personnel.Ability to assist with the formulation of department goals and objectives, prepare policy recommendations, and assist with the setting of departmental prioritiesAbility to perform various quantitative analyses in the areas of policy analysis, program evaluation, financial analyses, financial forecasting, and cost analysisAbility to utilize intermediate computer spreadsheet capabilities and various other computer-based instruments for analysis.
Pay: 90-96kDirect hire & GREAT benefits
Headquartered in North Central Indiana and founded in 2009, TalentSource is a sole source recruiting firm offering an awesome team of subject matter experts in talent acquisition! We are recruiting generalists and provide professional job placement in a wide range of disciplines and industries, including temporary and perm placement, payroll, and specialty staffing solutions to a wide variety of top notch clients! TalentSource is committed to establishing a long-term relationship with both their clients and candidates. They achieve their mission of providing superior customer service through customized talent solutions, with an emphasis on quality and continuous improvement. To learn more about TalentSource please visit us at www.talentsourcestaffing.com! TalentSource is an Equal Opportunity Recruiting Firm. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.#IND123