Bachelor's degree in Finance or Accounting or a related field. Master's degree preferred. Seven years of experience directly related to the duties and responsibilities specified. Governmental or higher education experience preferred. Five years of supervisory experience. A CPA is desirable.
Nature & Purpose of Position/Usual Duties:
The position works with the Associate Vice President for Financial Planning and Budget managing SHSU's investments, banking and treasury, and debt functions. Internal contacts include executives, administrators, faculty, students and staff of the department and the university at large. External contacts include consultants, representatives from other colleges and universities, and the vendors. Provides oversight and assistance to Student Account Financial Services.
Primary Responsibilities (Staff Positions Only):
Responsible for cash management including accounts payable and payroll check processing, banking and treasury operations, debt administration, new debt issuances, and investment management. Implements sound internal controls and fraud protection tools. Recommends appropriate investment vehicles and allocation of funds in order to achieve maximum income and maintains necessary availability to meet current and projected University cash needs. Assesses investment and institutional risk as it relates to the University's operating funds and financial and banking partners. Responsible for ensuring investment practices comply with Texas State University System (TSUS) Investment Policy and other policies and procedures. Reviews performance of Investment advisors pursuant to and ensures portfolio meets desired investment strategy and allocations. Oversees and monitors endowment and operating investment portfolios; implements asset mix changes and allocates cash flow for invested funds. Works with TSUS to issue Extendible Commercial Paper. The proceeds are used to finance eligible capital construction projects. Monitors debt and ensures debt payments are made timely. Assists in development and administers University banking functions, maintaining adequate cash balance as required and adjusting investments on a daily basis. Manage bank accounts, wire/ACH transfers, and monitor bank analysis statements to ensure accuracy and evaluate services. Provides assistance and oversight to the Student Account Financial Services, providing leadership for business operations including assessment of student tuition and fees, system upgrade maintenance, validation testing, student refunds in accordance with federal guidelines, and related accounting operations. Responsible for the management of access to Student AR module ensuring appropriate controls are implemented. Oversees collection process and manages relationship with collection agency. Provides oversight to the TouchNet tuition payment plans and implements TouchNet updates. Ensures all university credit card processing centers are compliant and meets all University, state, and federal policy and regulatory requirements. Directs the annual preparation of 1098Ts ensuring compliance with IRS regulations; keeps current on requirements. Prepares periodic reports and statements as required by the University, state or other agencies. Liaison with banking partner, consultant, financial advisors, custodial managers, and investment firms. Maintains and cultivates relationships. Directs the preparation of RFP and manages contracts for depository bank, merchant services, ATM, collection agencies, and payment gateway, collaborating with various offices on campus to deliver effective services and efficient use of university resources. Develops, interprets, and implements laws, regulations and university policies and procedures. Plans, assigns, and supervises the work of others. Identifies and implements solutions that are customer and outcomes focused. Performs other related duties as assigned.
Internal Number: 22813
About Sam Houston State University
For more than 130 years, Sam Houston State University has been preparing students for meaningful lives of achievement. Its motto, "The Measure of a Life is its Service", echoes across SHSU's six colleges and beyond its Texas campus through student research, creative endeavors, service learning, volunteering and more. Named for Sam Houston, Texas' greatest hero, SHSU continually strives to honor its historical roots through academic excellence that includes exceptional teaching from faculty members who care as much about their students' success as they do about furthering the knowledge of their fields. While embracing its legacy, SHSU also strives to meet the needs of contemporary students, both traditional and online. With over 20 bachelor's and graduate degrees available entirely online, and more in development each semester, SHSU Online is quickly becoming one of the best online universities in Texas.