Senior Treasury Analyst
Marketing Statement:
The Washington Metropolitan Area Transit Authority is seeking a skilled treasury professional who thrives in a collaborative environment to join our treasury team.
The individual for this position will use advanced skill in Excel to create cash forecasts, delineate and track the Authority’s sources and uses of cash and will be a subject matter expert on cash activity. In addition, this position will be responsible for managing the Authority’s cash investments, including custody and settlement within an established policy to optimize performance and liquidity.
The successful candidate will be a detail oriented, fast learner possessing superior critical thinking and project management skills among others and have a demonstrated expert proficiency in Excel modeling.
Job Summary/Duties:
This position is responsible for supporting the treasury operations functions which include cash management, cash forecasting, and revenue controls. The incumbent coordinates with colleagues to determine the Authority's cash position for daily cash flows, reviews and provides cash flow guidance for excess and deficit cash positions, initiates purchases and sales of investment securities, reviews and analyzes internal reports established to monitor passenger revenues collected and processed, monitors and settles commodity hedges, monitors and initiates payments to support monthly and quarterly availability fees and debt service payments for short-term and long-term debt and maintains financial records. The incumbent is also responsible for monitoring and analyzing the capital markets and keeping informed of treasury technology. The Senior Treasury Analyst is self-motivated and prepares clear and meaningful analyses on the Authority’s sources and uses of funds. Performs special assignments of an independent nature and has latitude for independent action within established guidelines. This is a hands-on position that requires the incumbent to be able to multi-task in a fast-paced, complex environment and communicate effectively. Excellent attention to detail and the ability to remain focused and organized is essential.
Invests available Authority cash in overnight or other money market investments, computes interest income, verifies transactions, and over sees investment account activities such as daily balance reconciliation, income, maturity, call schedule, etc. Generates monthly investment reports. Maintains accurate financial records with PeopleSoft and other financial tools.
• Prepares the Authority’s cash flow forecast. Maintains and improves the cash flow forecast model.
• Supports the post issuance compliance of the long-term and short-term debt portfolio of the Authority by monitoring the covenants and procedures. Ensures initiation of timely transactions to fund the Authority’s debt service accounts, interest expense and availability fees.
• Provides project leadership and support in selecting and implementing new technologies, including the selection of new banking partners, investment dealers and systems.
• Prepares high level compilations and analyses of various organizational data related to the management of cash in order to support Authority initiatives and/or make recommendations to management related to best practices.
• Performs research on commodity markets, tracks the oil and electricity price movements, and maintains and improves financial models to analyze the pros and cons of the Authority’s commodity hedging program. Provides updated reports on diesel, CNG, and electricity prices, and recommends viable hedging strategies.
• Communicates with numerous internal and external individuals to accomplish Analyst responsibilities.
The above duties and responsibilities are not intended to limit specific duties and responsibilities of any particular position. It is not intended to limit in any way the right of supervisors to assign, direct and control the work of employees under their supervision.
Minimum Qualifications:
Education
• Graduation from an accredited college or university with a Bachelor's degree in Finance, Business Administration, Economics, or Accounting.
Experience
• Five (5) years of progressively responsible experience in a professional treasury or finance organization.
Preferred
• Certified Treasury Professional (CTP) and/or MBA preferred.