Director of Capital Finance and Treasurer Finance Immediate Office

Director of Capital Finance and Treasurer (0213U), Finance Immediate Office #86585

The Office of the Vice Chancellor of Finance (VCF) and Campus Chief Financial Officer (CFO) provides effective financial, analytical, and administrative management to our campus partners. The VCF-CFO office includes the Controller’s Office, Capital Finance, Financial Planning & Analysis, University Business Partnerships & Services, and the Finance Immediate Office. Together, these teams oversee university financial services and controls, lead an integrated approach to planning and development, and provide accurate and timely information and analyses to inform campus decision‑making.

Position Summary

The Director of Capital Finance and Treasurer reports to the VCF-CFO. This role is responsible for strategy development and management of the campus’s cash and longer‑term capital resources – it includes liquidity and investment management, debt portfolio oversight, and capital projects assessment. The role is responsible for establishing strong internal controls to protect the financial health of the organization and for designing personnel professional development incentives to nurture a culture of high performance. The Director balances a high degree of autonomy while advising and coordinating with campus senior leaders and the UC Office of the President (UCOP) on matters relating to the treasury team’s objectives, policies, and processes. The Director will proactively monitor the market environment, maintain key relationships with external and internal partner units, and recommend to senior leaders appropriate actions to ensure financial stability paired with acceptable risk‑adjusted return.

This role will oversee the development and management of our 10‑year strategic capital plan that will guide funding strategies for $2–$3 billion in capital projects. They will review capital construction budgets in the hundreds of millions and multi‑million dollar real‑estate acquisition or P3 partnerships, advising the Chancellor, EVCP, and the VCF‑CFO. Additionally, they will oversee the campus’s cash management and balance sheets, or 3.2 billion in distributed capital balances. Annual redistribution of funds has an annual budget impact of $150 million per year. Part of this role will mean coordinating with the Office of the President, as certain features of the treasury role and the capital budget are managed by UCOP. The UC Treasury manages over $100 billion in annual cash flows and serves as a system‑wide partner in cash and liquidity management, banking services, and cash forecasting.

Responsibilities

The Director will lead their team on:

Campus‑wide cash management

• Monitors and analyzes bank accounts’ activity and balances.
• Prepares cash forecasts for liquidity management and investment purposes.
• Maintains and communicates appropriate metrics and dashboards.

Bank and related financial partners relationships

• Establishes key account contacts at the partners.
• Meets with the partners regularly to seek updates on relevant market and economic developments, new products and services, and peer benchmarking.

Inter‑campus liquidity management and financing

• Maintains active communication with division finance leads across campus to coordinate and assist in related initiatives.
• Creates and maintains financial standards that guide project‑specific financial decision making.
• Acts as a resource for the financial feasibility review for major capital projects undertaken by campus.
• Evaluates and recommends capital funding strategies including cash, debt, and public‑private partnerships.
• Working with campus partners, develops and executes on the 10‑year capital plan.
• Evaluates new campus capital investments, including new construction, capital renewal, real‑estate acquisition, and technology.
• Develops, modifies, and executes appropriate internal controls to protect University resources.

Investment management

• Recommends to the senior team and executes investment decisions and reporting.
• Develops the investment policy and monitors compliance.
• Maintains a regular contact with the UC investment team to ensure alignment between the UC Berkeley investment strategy and the UC’s objectives.
• Partners with the Office of the President to oversee the campus’s debt portfolio.
• Maintains the debt model and performs due diligence activities regarding the issuance of new debt and refinancing of existing debt.
• Monitors compliance required for the Berkeley’s tax‑exempt bonds.
• Development and the implementation of financing strategies for capital projects or University projects and initiatives that benefit from a debt or financing strategy.
• A review of existing financing and debt strategies to ascertain their appropriateness given the University’s current and long‑term financial outlook with the intent to integrate these strategies more fully with the University’s annual operating and capital budget.
• Continuously models debt capacity to provide the VCF‑CFO with options regarding prospective utilization of debt in furtherance of the University’s mission and strategic goals.

The Director supervises and develops the treasury and capital finance team.

Required Qualifications

• Extensive knowledge and experience in financial management, reporting and analysis, cash management and forecasting techniques, budgeting and capital allocation, characteristics of investment instruments for liquidity management and for long‑term risk‑adjusted return, public and private markets dynamics, and macroeconomics.
• Strong ability to effectively communicate verbally and in writing; effective listening & communication skills to lead sustained change with diverse audiences.
• Strong interpersonal skills and collaboration ability to work effectively across the organization at all levels; ability to interact with diverse populations.
• Ability to multi‑task and manage time well and deliver results with limited supervision.
• Ability to evaluate processes to establish and maintain appropriate accountability structures and strong internal control elements.
• Ability to analyze and navigate complexity, advise executives, problem‑solve, make sound decisions, and lead change.
• Strong people leadership skills to assess, coach, mentor, and develop others.
• The curiosity to stay current with market and financial innovation, eagerness to explore and test new opportunities within the organization’s approved key policies and goals.
• Willingness to explore professional development and adopt new solutions and technologies.

Education / Training

• Advanced degree in related area and / or equivalent experience / training.

Preferred Qualifications

No preferred qualifications listed.

Licenses / Certifications

• Professional certification preferred.

Salary & Benefits

The budgeted annual range that the University reasonably expects to pay for this position is $220,000.00 – $270,000.00. The full salary range for this job classification is $138,200.00 – $271,200.00.

Conviction History Background

This is a designated position requiring fingerprinting and a background check due to the nature of the job responsibilities. Berkeley does hire people with conviction histories and reviews information received in the context of the job responsibilities. The University reserves the right to make employment contingent upon successful completion of the background check.

Misconduct

SB 791 and AB 810 Misconduct Disclosure Requirement: As a condition of employment, the final candidate who accepts a conditional offer of employment will be required to disclose if they have been subject to any final administrative or judicial decisions within the last seven years determining that they committed any misconduct; received notice of any allegations or are currently the subject of any administrative or disciplinary proceedings involving misconduct; have left a position after receiving notice of allegations or while under investigation in an administrative or disciplinary proceeding involving misconduct; or have filed an appeal of a finding of misconduct with a previous employer.

“Misconduct” means any violation of the policies or laws governing conduct at the applicant’s previous place of employment, including, but not limited to, violations of policies or laws prohibiting sexual harassment, sexual assault, or other forms of harassment, discrimination, dishonesty, or unethical conduct, as defined by the employer. For reference, below are UC’s policies addressing some forms of misconduct.

Equal Opportunity Employer

The University of California is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or other protected status under state or federal law.