Manager, Treasury Debt and Investments

Job Description:

Manager, Treasury Debt and Investments

Description

General

The Manager, Treasury Debt and Investments reports to the Director, Treasury and manages investments, debt issuances, cash flow, activities related to managing the debt portfolio and compliance in accordance with Generally Accepted Accounting Principles (GAAP) and Government Accounting Standards Board (GASB) for the San Mateo County Transit District (SamTrans), Peninsula Corridor Joint Powers Board (Caltrain), the San Mateo County Transportation Authority (TA), and the San Mateo County Express Lanes Joint Powers Authority (Express Lanes).

Essential Functions & Duties

Examples of Essential Functions :

• Manages the timing, issuance, and compliance of all debt instruments for the treasury department.
• Creates financing plans as needed for all four agencies' cash flow and debt transactions. Prepare and maintain long-term cash flow forecasts to adequately manage and anticipate debt and investment portfolios.
• Oversees the investment and management of the agencies' long-term investment portfolios, including the development of investment strategies for each, managing external portfolio managers, and following agency investment policies.
• Works with Municipal Advisors to oversee the production of official statements for bond offerings and prepares portions of the official statements and closing of bond issues.
• Develops, documents, and maintains necessary agency policies, including but not limited to debt, investment, and reserves for all agencies.
• Maintain compliance on all bond issuances, including annual repository, certificate filings, and arbitrage calculations.
• Supervise staff. Hire, mentor, and take appropriate corrective and/or disciplinary action. Ensure EEO policies and procedures are followed. Participate in selection of staff. Coordinate staff training and professional development. Establish performance objectives. Monitor and evaluate employee performance.

Examples of Duties :

• Oversees updates to credit ratings and reporting to credit rating agencies, as well as preparation of all required EMMA postings for all debt.
  
• Gathers, maintains, and provides data required by the credit rating agencies for their on-going rating monitoring and make presentations as needed. Takes part in new debt issuance credit review and other credit surveillance calls for existing debt issues.
  
• Work with finance partners to provide required debt and investments financial disclosures and compliance reports including ACFRs, year end compliance, arbitrage and others as needed.
  
• Prepare and present required Staff Reports, Board Authorizations and Resolutions for debt and investments, and others as assigned.
  
• Develop special reports on investment information as requested by senior management. Produce monthly, quarterly, and annual investment reports and analysis for leadership, the Board of Directors, and other stakeholders upon request.
  
• Review and prepare monthly and quarterly Staff Reports and various financial statements, notes, tables, and exhibits for the Annual Comprehensive Financial Reports for all Agencies.
  
• Compile fiscal year-end narratives and statistical sections related to debt and long-term investments for the Annual Comprehensive Financial Statements (ACFR) for all agencies.
  
• Work with Treasury Operations Manager to identify areas of potential internal control exposure and areas for improving operational efficiency and take corrective action.
  
• Maintain debt, investment, and compliance records and reports for audits. Implement recommended changes in policies and procedures as required.
  
• Provides accounting, financial, and analytical expertise regarding debt, investment, and hedging as needed.
  
• Interprets and implements new and existing debt management and investment standards as revised from time to time by the State of California.
  
• Review monthly financial statements and related Treasury reports. Ensure the accuracy of Treasury journal entries and reporting.
  
• Work with accounting/GL group on the reconciliation of various general ledger accounts.
  
• Evaluate job performance of staff, which also includes the professional development of staff through the identification of on-the-job and other professional development opportunities.
  
• Perform all job duties and responsibilities in a safe manner to protect oneself, fellow employees, and the public from injury or harm. Promote safety awareness and follow safety procedures in an effort to reduce or eliminate accidents.
  
• Perform other duties as assigned.
  

Supervision : Work under the supervision of the Director, Treasury, who establishes goals and objectives and evaluates performance.

Minimum Qualifications

Sufficient experience, training and/or education to demonstrate the knowledge and ability to successfully perform the essential functions of the position. In lieu of a degree, work-related experience that demonstrates the skills and experience necessary to perform this role will be accepted. Development of the required knowledge and abilities is typically obtained through but not limited to:

• Bachelor’s degree in accounting, finance, or closely related field.
• Five (5) years of full-time, progressive experience in the fields of accounting, finance, or treasury.
• Three (3) years of full-time experience in government capital financing, debt management, and investment securities including issuance of three or more municipal bond offerings.
• Three (3) years of project lead or supervisory experience.

Preferred Qualifications:

• Professional certification such as Certified Treasury Professional (CTP), Chartered Financial Analyst (CFA) or Certified Public Finance Officer (CPFO) is desirable.
• Proficient with Microsoft Excel and financial modeling and analysis.
• Experience with automated financial management systems (e.g., PeopleSoft, Clearwater).
• Possesses effective written and oral communication skills.
• Working knowledge of GAAP.
• Working knowledge of governmental accounting, and/or enterprise accounting, and/or bond compliance.

This position is not eligible for benefits.

Closing Date/Time: 5/18/2025 11:59 PM Pacific

Salary:

$134,738.76 - $202,107.88 Annually