Lone Star College-System Office

Position Summary:

Manages and oversees the LSC system wide treasury function including operations, accounting, reporting, and analyses, ensuring that all functions are performed in compliance with regulatory requirements, LSC policies, and professional standards. The LSC treasury function includes Commercial Banking and Custodial Banking Relationship Management; Cash Management Operations; Investment Management Operations; Debt Management Operations; and Property Tax Operations. Supervises and trains Treasury department staff. Reports to and acts on behalf of Executive Director (ED), Treasury. Collaborates with ED, Treasury and Associate Vice Chancellor (AVC), Forecasting & Treasury on strategic, system wide projects and initiatives. Engages with internal and external constituents regarding LSC treasury matters.

Job Functions:

1. In collaboration with the ED, Treasury, oversees and manages Cash Management Operations such as monitoring daily bank activity, forecasting cash flow, establishing a daily cash position, transferring funds across financial institutions for funding purposes, pooling available cash for investment, managing/mitigating financial risks, and ensuring adequate liquidity is available to meet ongoing financial requirements. Responsible for the administration of deposit activities across the system to include currency, coin and remote check deposit, courier services and change fund usage
2. Assists ED, Treasury with the execution and management of Investment Management, including analysis, transaction execution, portfolio performance monitoring, and investment policy and strategy maintenance. Middle office activities include data management to ensure timely and accurate valuation and reporting of all invested assets, and various compliance, audit, accounting, and settlement functions
3. In collaboration with the ED, Treasury, oversees and manages all Property Tax Operations. Facilitates the annual adoption of a tax rate and monitors the collection of ad valorem taxes. Works directly with the County Property Tax Appraisal Districts and Tax Collectors. Oversees and monitors LSC's participation in Tax Increment Reinvestment Zones (TIRZ)
4. Hires, trains, develops, manages, directs the duties of, and evaluates a team of Treasury employees, and temporary personnel, providing leadership, coaching, career development, and disciplinary actions. Works closely with senior management and employees to improve work relationships, build morale, increase productivity, and increase retention, while ensuring that employee goals are aligned with departmental goals and Key Performance Indicators are achieved. Manages personnel budget
5. Acts as the technical Subject Matter Expert (SME) for the LSC treasury function and its complex methods and procedures including Commercial Banking, Cash Management, Debt Management, and Property Tax Operations.  Acts as the SME for the ERP Treasury Module(s) and other related systems
6. Leads resolution of problems that are complex and diverse, requiring strong professional judgement and creative solution development. Performs complex, system wide financial analyses to support problem resolution and data-driven decision-making. Prepares executive-level reports and presentations. Trains Treasury staff in financial analyses methodologies and procedures
7. In collaboration with the ED, Treasury, leads and develops Requests for Quotes (RFQ) and Requests for Proposals (RFP) associated with treasury services such as armored car, depository, merchant, financial advisory, broker/dealer, and tax collections services for the system. Monitors and analyzes the associated service expense budgets
8. Manages and reviews the work of multiple Treasury and other departments' (i.e., General Accounting, Asset Management, Facilities & Construction) staff performing activities related to treasury functions such as journal entries, reconciliations, fund transfers, regulatory reporting, and management reporting
9. Collaborates with ED, Treasury for effective Commercial Banking and Custodial Banking Relationship Management so that optimization of services and account structures is maintained. Oversees and manages bank account maintenance, opening, and closing based upon the needs of the system
10. Ensures all treasury related weekly, monthly, quarterly, and annual analyses and reports, both internal and external, are completed timely and accurately in accordance with applicable laws, regulations, policies, and procedures. Manages departmental timely compliance with audit procedures and requirements. Manages departmental document and workpaper archival and retention
11. Continuously reviews, analyzes, and evaluates Treasury processes and operations, in collaboration with the ED Treasury, for compliance with regulatory requirements, LSC policies, and professional standards, and for improvement opportunities
12. Directs and manages the development and maintenance of desk procedures, and execution of cross-training for all functions of Treasury to ensure continuous operations of this critical function.  Documents and maintains associated roles and responsibilities for the department
13. Responsible for other reasonable related duties as assigned

Salary: Hiring salary range is $83,159 to $95,633

Required:

• Bachelor's degree and at least 5 years of experience, or an equivalent combination of education and experience
• Bachelor's degree in Accounting, Business, Finance, or a related field
• Experience must include at least 3 years in a management level position

How to Apply:

ALL APPLICANTS MUST APPLY ONLINE ONLY!

We will not accept application material received via fax, email, mail, or hand delivered.

Postings for part-time and adjunct positions are active for the academic year. By selecting the option

to receive notifications on your profile, you will begin receiving electronic communication regarding new opportunities with Lone Star College (LSC).

If selected for an interview, a recruiter will contact you by phone, or email to schedule an interview.

Lone Star College participates in the E-Verify program, under which Lone Star College provides the federal government with information from each new employee's Form I-9 to confirm that the employee is authorized to work in the United States.

More information on the E-Verify program is available at www.dhs.gov/E-Verify

Lone Star College is an EEO Employer. All positions are subject to a criminal background check.

www.lonestar.edu/employment

About Lone Star College

Lone Star College System, the largest institution of higher education in the Houston area, is nationally recognized, globally connected and locally focused. Known for its innovative and visionary thinking, Lone Star College System is the fastest-growing community college in the nation and a major contributor to the local and regional economy. LSCS offers associate degrees and certification in many areas of study at a fraction of the cost of a four-year university like UT. Through its progressive partnerships with many four-year universities, LSCS also offers seamless opportunities to obtain bachelor's and master's degrees at one of its two University Centers. Throughout its 40 year history, Lone Star College has been steadfast in its commitment to student success and credential completion. Currently leading the charge to improve completion rates, LSCS is one of the only colleges in the nation to establish a formal Office of Completion and is the managing partner of Texas Completes, the statewide initiative that brings together five Texas college systems to advance deep student success reform.

Connections working at Lone Star College