Essential Functions: JOB PURPOSEAssist the Associate Director of Cash Management in conducting treasury (including liquidity/investment management, debt and banking) activities, maintaining fiscal integrity, stewardship of University financial assets and related accounting and reporting. Oversee the recording and verification of treasury financial data in accordance with University policies and procedures. Perform treasury related financial review and analysis and prepare accurate and timely reports in compliance with established procedures and regulatory guidelines. ESSENTIAL FUNCTIONSConduct treasury activities related to liquidity management, including preparation of daily cash position reports, cash reconciliations, and bank funding analysis. Conduct bank administration activities including funds transfers. Interact with bank staff on a regular basis. Serve as a resource and liaison for administrative staff throughout the University for banking services. Act as a security administrator of online banking systems used by the Treasury department. Facilitate the processing of treasury and banking transactions in accordance with University policies and procedures. Review for accuracy, compliance with agreement and where necessary, prepare payment documents for payments to banks; custodians; investment managers; and debt payments, etc. Oversee internal and external treasury financial reporting requirements and prepare supporting schedules.Responsible for the preparation and analysis of the University's cash pool investments including management and financial reporting as well as assistance in the monitoring of the investment firms (about 15) and their investment performance. Primary contact with OCIO investment firm. Prepare and analyze journal voucher preparation for specific cash management transactions as well as all investment activities. Prepare, analyze and reconcile treasury financial transactions and reports to Banner FMS, bank, custodian and investment manager records and verification of accuracy and compliance with generally accepted accounting principles, university policies and procedures and divisional objectives. Prepare and/or review adjusting entries, including the quarter income distribution and fiscal year end entries.Prepare fiscal year end reports, including cash, investments, and debt financial statement footnotes and assist with bond reporting process.Responsible for the University's credit card Payment Card Industry (PCI) standards compliance. Work directly with end user departments at the University.Perform other related duties as assigned.
Qualifications: EDUCATIONBachelor's degree in Accounting or Finance or related field from an accredited college or university is required. Preferred education in Accounting through intermediate level, and nine to twelve credit hours of finance courses.Certified Treasury Professional (CTP) required, or expected to earn certification within eighteen months from date of hire.Criminal history check and credit check required.EXPERIENCEMinimum 2-3 years of treasury operations experience required. Hands-on experience with accounting and/or treasury operations and procedures in an entity with large and complex accounting/treasury operations. Reasonable knowledge and understanding of University policies and procedures or policies and procedures in a large and complex institution. Extensive experience and knowledge of Banner or comparable administrative software systems preferred.KNOWLEDGE, SKILLS AND ABILITIESKnowledge of cash management and U.S. financial institution processes preferred. Ability to make valid and reliable evaluation of information with demonstrated attention to detail sufficient to consistently achieve high degrees of accuracy.
Internal Number: 76_207035
About Wayne State University
Founded in 1868, Wayne State University is a nationally recognized metropolitan research institution offering more than 400 academic programs through 13 schools and colleges to nearly 32,000 students. Wayne State?s main campus in Midtown Detroit comprises 100 buildings over nearly 200 acres; its five extension centers offer higher education to people throughout Southeast Michigan. Wayne State is dedicated to preparing students to excel by combining the academic excellence of a major research university with the practical experience of an institution that by its history, location and diversity represents a microcosm of the world we live in. Reflecting its location and the excellent international reputation of its graduate schools, particularly in the sciences, Wayne State boasts the most diverse student body among Michigan?s public universities. Its students represent 49 U.S. states and more than 60 countries.