Director of Treasury

Job Description:

Director of Treasury

Description

Marketing Statement

Ride BART to a satisfying career that lets you both: 1) make a difference to Bay Area residents, and 2) enjoy excellent pay, benefits, and employment stability. BART is looking for people who like to be challenged, work in a fast-paced environment, and have a passion for connecting riders to work, school and other places they need to go. BART offers a competitive salary, comprehensive health benefits, paid time off, and the CalPERS retirement program.

Job Summary

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 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.

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.

Application and Selection Process
All applicants must apply online at www.bart.gov/jobs . Applications must be completed in full and include all requested information, including dates of employment, positions held, hours worked, and a detailed description of duties performed.

Applicants may attach a resume to provide supplemental information; however, the resume does not substitute for completing the application form in its entirety. Only information included in the application at the time of submission will be used to determine whether applicants meet the minimum qualifications for the position. All application materials must be submitted by the closing date and time listed on the job announcement. Applications received after the closing deadline will not be considered.

Applicants who require assistance with the online application process may contact the Talent Acquisition Division at (510) 464-6112 or [email protected] .

The selection process for this position may include one or more of the following: a skills or performance demonstration, written examination, and/or panel or individual interview.

All applications will be reviewed by the Talent Acquisition Division to determine whether applicants meet the established Minimum Qualifications (MQs). Applicants who meet the MQs may be referred to the hiring department for further evaluation as part of the selection process.

The selected candidate must demonstrate a work history reflecting reliability and dependability and may be required to provide copies of certificates, diplomas, or other documentation required by law, including proof of authorization to work in the United States.

Pre-employment processing will include a background check. This requirement does not apply to current full-time District employees unless the position requires additional evaluations or clearances.

Examples of Duties

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.

Manages daily cash revenue collection, disbursement, and reconciliation along with the associated resource requirements.

Manages and participates in the development and implementation of goals, objectives, policies, and priorities for assigned programs; recommends and administers policies and procedures.

Monitors and evaluates the efficiency and effectiveness of service delivery methods and procedures; recommends, within District policy, appropriate service and staffing levels.

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.

Manages credit/debit program; communicates with Networks and Banks to resolve issues.

Coordinates with various capital projects involving collection or disbursement of monies; monitors the work of contractors involved in projects with other District departments.

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.

Invests District funds to optimize interest earnings within the bounds of the District Investment Policy.

Monitors developments and legislation related to assigned area of responsibility; evaluates impact upon district operations; recommends and implements equipment, practice, and procedural improvements.

Selects, trains, motivates, and evaluates assigned personnel; provides or coordinates staff training; works with employees to correct deficiencies; implements discipline and termination procedures.

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.

Serves as the liaison for the Treasury Division with other divisions, departments, and outside agencies; negotiates and resolves sensitive and controversial issues.

Serves as staff on a variety of boards, commissions, and committees; prepares and presents staff reports and other necessary correspondence.

Conducts a variety of organizational studies, investigations, and operational studies; recommends modifications to financial management and accounting programs, policies, and procedures as appropriate.

Attends and participates in professional group meetings; stays abreast of new trends and innovations in the field of financial management.


Minimum Qualifications

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 and Skills

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
  
  

Equal Employment Opportunity GroupBox1

The San Francisco Bay Area Rapid Transit District is an equal opportunity employer. Applicants shall not be discriminated against because of race, color, sex, sexual orientation, gender identity, gender expression, age (40 and above), religion, national origin (including language use restrictions), disability (mental and physical, including HIV and AIDS), ancestry, marital status, military status, veteran status, medical condition (cancer/genetic characteristics and information), or any protected category prohibited by local, state or federal laws.

The BART Human Resources Department will make reasonable efforts in the examination process to accommodate persons with disabilities or for religious reasons. Please advise the Human Resources Department of any special needs in advance of the examination by emailing at least 5 days before your examination date at [email protected] .

Qualified veterans may be eligible to obtain additional veteran's credit in the selection process for this recruitment (effective Jan. 1, 2013). To obtain the credit, veterans must attach to the application a DD214 discharge document or proof of disability and complete/submit the Veteran's Preference Application no later than the closing date of the posting. For more information about this credit please go to the Veteran's Preference Policy and Application link at www.bart.gov/jobs .

The San Francisco Bay Area Rapid Transit District (BART) prides itself in offering best in class benefits packages to employees of the District. Currently, the following benefits may be available to employees in this job classification.

Highlights

• Medical Coverage (or $350/month if opted out)
• Dental Coverage
• Vision Insurance (Basic and Enhanced Plans Available)
• Retirement Plan through the CA Public Employees’ Retirement System (CalPERS)
  • 2% @ 55 (Classic Members)
  • 2% @ 62 (PEPRA Members)
  • 3% at 50 (Safety Members - Classic)
  • 2.7% @ 57 (Safety Members - PEPRA)
  • Reciprocity available for existing members of many other public retirement systems (see BART website and/or CalPERS website for details)
• Money Purchase Pension Plan (in-lieu of participating in Social Security tax)
  • 6.65% employer contribution up to annual maximum of $1,868.65
• Deferred Compensation & Roth 457
• Sick Leave Accruals (12 days per year)
• Vacation Accruals (3-6 weeks based on time worked w/ the District)
• Holidays: 9 observed holidays and 5 floating holidays
• Life Insurance w/ ability to obtain additional coverage
• Accidental Death and Dismemberment (AD&D) Insurance
• Survivor Benefits through BART
• Short-Term Disability Insurance
• Long-Term Disability Insurance
• Flexible Spending Accounts: Health and Dependent Care
• Commuter Benefits
• Free BART Passes for BART employees and eligible family members.

Closing Date/Time: 8/1/2026 11:59 PM Pacific

Salary:

$193,124.00 - $292,584.00 Annually