Treasury Director

Primary Purpose

Plans and directs the Treasury Management activities of Parkland Health, Parkland Retirement Plans, the Parkland Community Health Plan (PCHP) and other affiliates, which include the care of funds and other financial assets and the management of banking, investment, and debt activities to ensure that there are funds available to meet the outstanding and planned commitments while producing an optimum level of interest on the excess funds and ensuring compliance with bonded debt covenants and state laws relating to the investment of public funds and the filing of unclaimed property reports.

Education

• Must have a bachelor's degree in business administration, Accounting, or Finance with eighteen hours of accounting and/or finance courses.

Experience

• Must have eight (8) years of accounting or finance experience.
• Must have five (5) years of supervisory/management experience.

Skills or Special Abilities

• Must have effective oral and written communication skills.
• Must be able to effectively supervise, educate, and train assigned staff.
• Must be proficient with Personal Computer, and spreadsheet, communications, word processing and slide show software.
• Must have ability to see the business as a whole and be able to react quickly and strategically to business investment decisions.

Responsibilities

1. Tracks and evaluates cash sources and use to invest available funds to meet projected cash needs while optimizing interest income in accordance with district policy.
2. Analyzes, forecasts, and reports on cash flows, interest rates, and interest income, and provides required schedules to assist with the budget and audit processes.
3. Maintains positive working relationships with banking officials, securities dealers, investment managers and consultants, debt analysts, and other financial service representatives as well as Parkland and affiliate personnel to facilitate the delivery of services and to ensure that communications regarding district treasury matters remain open and effective.
4. Directs and coordinates activities related to bonded debt obligations to include reimbursement requisitions from project funds, compliance with financial disclosures and other regulatory and contractual requirements, arbitrage calculations, reserving debt service resources related to the bonds, and timely payment of principal and interest before their due dates. Coordinates data gathering for maintaining solid relationships with bond rating agencies.
5. Assures that detailed procedures for all banking, investment, debt management, and other treasury activities and responsibilities remain current.
6. Oversees and coordinates preparation of reports and presentations related to the district’s retirement plans. Attends investment committee meetings, prepares related agenda and minutes, and facilitates flows of information related to the committee’s business. Presents investment committee recommendations to the Board of Managers for approval. Executes changes regarding investment managers and funding levels as directed by the Investment Committee and the Board of Managers. Rebalances pension plan portfolios in accordance with the investment policy statement. Prepares regular reports of investment and cash activity for the Board of Managers.
7. Directs audit and actuarial activity and preparation and distribution of required audit schedules and financial statements for the district’s retirement benefits plans. Distributes final reports to the Texas Pension Review Board and other parties as needed.
8. Manages the district’s unclaimed property reporting program and assures compliance with related policies, rules, and regulations.
9. Manages contract reviews for banking, investment, and other financial services related to the Treasury functions of the district.
10. Selects, trains, schedules, motivates, supervises, evaluates, and makes recommendations for disciplinary actions up to and including termination, to ensure maximum utilization of individual and group capabilities.