Description
The City Treasurer is an appointed, at-will position that reports to the Director of Finance. You will be responsible for structuring and servicing city debt, analysing and monitoring cash flow, designing and implementing investment portfolios, and preparing division budgets and debt portfolio budgets. You will also have custodial responsibility for all city money, bonds, and securities.
Responsibilities:
- Initiate methods and procedures for collecting, recording, investing, and disbursing city funds
- Coordinate with Revenue Planner to finalize projections for budget purposes
- Direct and evaluate division performance, including work of Special Assessment Areas, Cashiering and Cashier Training, Debt Management, and Cash Management
- Prepare division budget and debt portfolio budgets
- Develop, revise, and administer the city's investment program
- Monitor performance and investment maturities, and move money among accounts to maximise investment consistent with the city's risk and diversification strategy
- Cultivate and maintain relationships with banks and other financial institutions
- Daily invest and reinvest portfolio funds, and analyse cash flow patterns
- Recommend financial strategy where cash flow excesses or shortages appear likely
- Prepare all debt-related city council transmittals for council briefings and formal actions
- Work closely with the city's financial advisor, bond counsel, underwriters, and trustee to set up new and refunding bond issues
- Evaluate flow-of-funds requirements to assure mechanisms are in place for timely payments of debt and other bond-related fees
- Participate in steering committee, training, and other activities for development of software support for the Treasurer's office
- Arrange for arbitrage calculations following the issuance of debt by the city
- Comply with continuing disclosure information for dissemination to various national repositories on an annual basis
- Oversee Special Assessment Areas, cash management accounting, debt management accounting, and cashiering and cashier training functions
- Coach and instruct staff, handle discipline and other issues within the division
- Prepare schedules, gather information, and answer questions on year-end audit
Benefits:
- Health insurance
- Dental, vision, and life insurance
- Paid vacation and personal leave
- 6-12 weeks of paid parental leave available
- Retirement contributions toward a pension plan and/or 401(k)
- Robust Employee Assistance Plan (EAP)
- Up to $4,000 tuition reimbursement annually
- Discounted supplemental benefits like pet insurance and legal services