Director of Treasury (San Francisco)

Pay Rate

Non-Rep Pay Band N12
$193,124.00/annually (min) - $292,584.00/annually (max)
Note: The negotiable salary offer will be between $193,124.00/annually - $235,757.09/annually, commensurate with education and experience.

Reports To

Assistant General Manager, Finance or designee

Current Assignment

The Director of Treasury is a key leadership position within the Office of the Chief Financial Officer, responsible for directing and managing the District’s treasury operations and ensuring the effective stewardship of BART’s financial resources. Under general direction, this position oversees treasury functions including cash management, banking relationships, investments, revenue collection, and disbursement of District funds. The Director coordinates complex financial activities across departments and with external financial institutions, regulatory agencies, and business partners to support the District’s strategic and operational objectives.

Success Criteria

Success in this position requires strong leadership skills, sound financial judgment, the ability to manage complex financial programs, and experience building collaborative relationships with internal and external stakeholders. In addition, this role provides executive-level leadership and highly responsible administrative support to the Assistant General Manager, Finance and the Chief Financial Officer.

Key Competencies

The most qualified candidate for this position will have highly developed competencies beyond the minimum qualifications in the following areas, which will be reinforced with related work experience and will be clearly articulated during the selection process:

• Public Agency Treasury Management – Experience managing treasury operations for a public agency or governmental organization, including cash management, policy development, regulatory compliance, and financial stewardship.
• Investment Portfolio Management – Experience overseeing a public-sector investment portfolio, developing investment strategies, and ensuring compliance with applicable laws, regulations, and investment policies.
• Banking and Merchant Services Oversight – Experience managing banking relationships, treasury services, electronic payment platforms, and merchant card processing programs to support efficient revenue collection and cash management.
• Enterprise Cash Forecasting and Liquidity Management – Experience developing cash flow forecasts, monitoring liquidity needs, and providing strategic recommendations to support operational and capital funding requirements.
• Financial Systems Implementation and Process Improvement – Experience leading the implementation or enhancement of financial and treasury management systems while driving process improvements, operational efficiencies, and stronger internal controls.
• Staff Leadership and Development – Experience leading, mentoring, and developing professional finance staff while fostering a collaborative, high-performing, and customer-focused work environment.

Responsibilities

1. Directs and manages the operations and activities of the Treasury Department within the Office of the Chief Financial Officer executive office, including investment policy and disbursement of District monies.
2. Manages daily cash revenue collection, disbursement, and reconciliation along with the associated resource requirements.
3. Manages and participates in the development and implementation of goals, objectives, policies, and priorities for assigned programs; recommends and administers policies and procedures.
4. Monitors and evaluates the efficiency and effectiveness of service delivery methods and procedures; recommends, within District policy, appropriate service and staffing levels.
5. Plans, directs, coordinates, and reviews the work plan for assigned staff; assigns work activities, projects, and programs; reviews and evaluates work products, methods, and procedures; meets with staff to identify and resolve problems.
6. Manages credit/debit program; communicates with Networks and Banks to resolve issues.
7. Coordinates with various capital projects involving collection or disbursement of monies; monitors the work of contractors involved in projects with other District departments.
8. Reviews correspondence with patrons and financial representatives regarding issues dealing with ticket refunds and other financial disbursements to outside parties; delegates correspondence and problem resolution to subordinate staff.
9. Invests District funds to optimize interest earnings within the bounds of the District Investment Policy.
10. Monitors developments and legislation related to assigned area of responsibility; evaluates impact upon district operations; recommends and implements equipment, practice, and procedural improvements.
11. Selects, trains, motivates, and evaluates assigned personnel; provides or coordinates staff training; works with employees to correct deficiencies; implements discipline and termination procedures.
12. Oversees and participates in the development and administration of the division’s annual budget; participates in the forecast of funds needed for staffing, equipment, materials, and supplies; monitors and approves expenditures; implements adjustments.
13. Serves as the liaison for the Treasury Division with other divisions, departments, and outside agencies; negotiates and resolves sensitive and controversial issues.
14. Serves as staff on a variety of boards, commissions, and committees; prepares and presents staff reports and other necessary correspondence.
15. Conducts a variety of organizational studies, investigations, and operational studies; recommends modifications to financial management and accounting programs, policies, and procedures as appropriate.
16. Attends and participates in professional group meetings; stays abreast of new trends and innovations in the field of financial management.

Education

Bachelor’s degree in Accounting, Business Administration, Economics, Finance or a related field from an accredited college or university.

Experience

Seven (7) years of full-time professional experience in treasury, finance, or a related field, which must have included at least three (3) years of management experience.

Substitution

Additional professional experience as outlined above may be substituted for the education on a year-for-year basis.

Knowledge of

• Operational characteristics, services and activities of a comprehensive treasury management and investment program
• Principles and practices of economics, accounting, and financial management
• Principles and practices of general fund and government accounting
• Principles and practices of program development and administration
• Principles, practices, rules and regulations governing bond programs
• Methods and techniques of investment financing
• Practices and regulations of securities markets and banking operations
• Practices, methods, and techniques utilized by fiscal agents, trustees, underwriters and rating agencies
• Principles and practices of revenue control and security
• Use and operation of financial security systems
• Advanced mathematical and statistical techniques
• Principles and practices of budget preparation and administration
• Principles of supervision, training, and performance evaluation
• Related Federal, State, and local laws, codes, and regulations

Skill in

• Overseeing and participating in the management of a comprehensive treasury management and investment program
• Selecting, supervising, training, and evaluating staff
• Participating in the development and administration of division goals, objectives and procedures
• Preparing and administering large program budgets
• Analyzing and managing the District’s cash and investment programs
• Interpreting complex financial statements
• Preparing clear and concise administrative and financial reports
• Analyzing problems, identifying alternative solutions, projecting consequences of proposed actions and implementing recommendations in support of goals
• Researching, analyzing, and evaluating new service delivery methods and techniques
• Analyzing financial market fluctuations for application to District investments
• Performing complex mathematical and statistical calculations and analyses
• Preparing and presenting clear, concise, and complete financial and management reports
• Interpreting and applying Federal, State and local policies, laws and regulations
• Communicating clearly and concisely, both orally and in writing
• Establishing and maintaining effective working relationships with those contacted in the course of work