Join Wayne State University as a Senior Treasury Analyst, Cash Management!
This position will assist 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.
Why Wayne State?
Wayne State University offers a competitive salary and an outstanding fringe benefits package including: free tuition for employees, 50% off for spouse/dependents, up to 10% match 403b, holiday closure, premium healthcare choices, generous vacation, and more.
Wayne State University is Michigan's only urban research university – and the largest research institution in the U.S. Located in the heart of Mid-Town and Detroit's University Cultural Center, dozens of museums, dining options, and historic buildings are located in our two mile walkable campus. Mid-Town is the home to a variety of world-class facilities such as galleries and concert halls, including the Detroit Institute of Arts, Fox Theatre, Detroit Opera House, and much more.
To apply please visit jobs.wayne.edu posting number 044524. For more information, please email Jennifer Bidlingmaier at email@example.com.
ESSENTIAL FUNCTIONS Conduct 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.
EDUCATION Bachelor'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.
EXPERIENCE Minimum 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 ABILITIES Knowledge 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.
About Wayne State University
Since 1868 Wayne State University has been an engaged and motivated community of scholars in the heart of Detroit. Diversity isn’t a slogan at Wayne State; it’s a reality that’s woven into our mission and guides everything we do. More than 27,000 students from every state and 70 countries are pursing degrees at WSU. We are the seventh largest employer in Detroit! Our employees help shape the future. We employ the highest caliber of talent and we are making a measurable impact in our neighborhood and around the world.
Elevate your career!
Your success is our success and we want our employees to take their careers to the next level. We provide thousands of resources for your professional development in every area you can think of. We offer a multitude of e-learning and live training where employees can learn valuable skills to sharpen their skillset and grow their careers!