Treasury Analyst

Treasury Analyst
Multnomah County Finance with Department of County Management
 Portland, Oregon
Job Description

About Us:

At the Department of County Management the work we do is essential to the operation of Multnomah County as a government, as well as an employer. As a team we are committed to being good stewards of public resources working independently and collectively to achieve common goals. The Treasury Unit contributes to the accountability and accuracy of secure and effective banking, investment, debt, and cash management services.


The Treasury Department of Multnomah County is looking for its next Treasury Analyst to join its team. This position is responsible for planning and managing the strategic direction of Treasury’s banking, accounts receivable, cash handling and merchant bankcard services throughout the county while also managing cash balances, debt payments, banking/merchant bankcard relationships, PCI compliance and compliance with County Administrative Procedures. We are looking for someone who can work effectively within a diverse workgroup that fosters a commitment to equity, inclusion and diversity that provides a sense of safety, trust & belonging for all?

Essential job functions include:

Countywide Accounts Receivable Lead:

  • Develop/revise/deploy County accounts receivable procedures/policies in coordination with General Ledger and Fiscal Compliance units that are compliant with GAAP/GASB accounting standards (revenue recognition, unearned revenue, receipts, collections, AR aging, etc.).
  • Plan, conduct and lead periodic financial audits of departmental cash management practices and accounts receivable policy compliance.
  • Prepare/analyze extensive reports for the CFO’s office with exhibits, and other supporting documents that detail timely and accurate cash management activities including AR trend analyses, AR forecasting and aging reports.
  • Reconcile/monitor concentration bank account worth $billions; troubleshooting unreconciled transactions between bank & all county partners.

Banking Services & Merchant Bankcard Services

  • Liaison with commercial bank partners for all County businesses; managing/evaluating banking and Merchant Services relationship including contract monitoring/compliance, amendments and service enhancements.
  • Analyze and evaluate the effectiveness of contracted banking services, pricing, annual analysis charges, settlements and service enhancements.
    Interpret banking contract as it relates to Federal & State Laws governing banking operations under the scope of county services.
  • Plan and conduct annual property tax collection meeting between bank and Dept of Assessment & Taxation to ensure collection/deposit efficiencies and security.
  • Reconcile bank accounts, cash, fiscal agent accounts, trust accounts and local government Investment accounts with the Oregon State Treasury.
  • Monitor/troubleshoot 50+ merchant bankcard accounts, provide consulting to departments in execution of on-line and other card based solutions.

Investment Portfolio & Cash Management

  • Maintain countywide procedures for departmental cash handling in compliance with administrative procedures.
  • Developing user guides, FAQs and coaching department personnel on critical cash management safety and security measures.
  • Support the Investment Officer in evaluating investment strategies which includes core fund vs liquidity fund analysis, investment policy compliance, preparing reports and analyses for quarterly investment advisory board meetings and assessing investment consultant recommendations.
  • Execute investment trades into sympro system
  • Execute complex cash transfers, wires and ACH transactions for investments purchased and Inter Account Balance transfers.

Debt Management, Treasury Trust Services and Excise Tax Oversight

  • Interpret SEC, State, and IRS rules/laws governing issuance of various types of bonds and maintaining compliance.
  • Analyze debt service schedules to facilitate timely coordination and remittance to escrow agents to mitigate huge deadline penalties.
  • As the County subject matter expert, directly communicate with external parties about bonding of liens and Treasury Trust process.
  • Maintaining Records for Motor Vehicle Rental tax and Transient & Lodging Tax
  • Recording and analyzing Business Income Tax Revenue
  • Understand, interpret and explain to internal and external parties the County's ordinances governing excise taxes.
  • Preparing ad hoc financial reports as required by the CFO or division leadership.

A successful applicant will also possess the following skills:

  • Acting with Integrity: You act in a manner that is consistently truthful, reliable, trustworthy and transparent in words and actions
  • Communication: You provide timely information necessary for others to make informed decisions and to avoid surprises.
  • Learning Agility: You identify issues and educate yourself and other regarding path to problem resolution.
  • Building Relationships: You create mutually beneficial relationships with coworkers, customers, community members, and/or clients based on understanding and respect.
  • Navigating Change: You adopt new competencies and techniques as needed to respond to a complex, uncertain, and sometimes volatile environment.

To Qualify

  • We will consider any combination of relevant work experience, volunteering, education, and transferable skills as qualifying unless an item or section is labeled required. Please be clear and specific about how your background is relevant.

Minimum Qualifications/Transferable Skills:

  • Equivalent to a Bachelor's Degree from an accredited college or university with major course work in accounting, finance, or a related field; AND
  • Five years of progressively responsible financial analysis, advanced level professional accounting or fiscal/grants management experience.
  • All finalists must pass professional reference checks and some positions may require a criminal records check.

    Preferred Qualifications/Transferable Skills: You do not need to have the following preferred qualifications/transferable skills to qualify. However, keep in mind we may consider some or all of the following when identifying the most qualified candidates. Please clearly explain on your application how you meet any of the following preferred qualifications/transferable skills.
    banking services.
  • More than 2 years of experience managing or supporting governmental
  • Working knowledge of accounting principles and practices (GAAP and GASB).
  • Working knowledge of applicable federal, state and local rules and laws.
  • Working knowledge of governmental accounting, budgeting, and internal control systems.
  • Working knowledge of Workday or another ERP System.

COVID-19 Vaccination Requirement: To protect the health of the community and employees, Multnomah County requires employees to be fully vaccinated against COVID-19 or have an approved medical or religious exception by October 18, 2021 as a qualification of employment.

The rule applies to all employees, as allowable by law. Candidates who receive an offer of County employment must provide proof of vaccination upon hire or submit an exception request prior to their start date.

Screening and Evaluation

The Application Packet:

  • A completed online application.
  • A resume covering relevant experience and education. Please be sure your resume includes the following for each employer: name of employer, location, dates of employment, your title, a brief summary of your responsibilities, and if applicable the number of employees under your supervision.
  • A cover letter that expands on your resume, addresses why you are interested in this position and demonstrates how your experience and skill set align with the minimum and preferred qualifications listed.
  • Note: The application, resume and cover letter should demonstrate your work experience/skills and how it is related to those shown in the Overview and To Qualify sections of the job announcement. Please be thorough, as these materials may be scored and determine your eligibility for an interview.
  • The Selection Process: For details about how we typically screen applications, review our overview of the selection process page. We expect to evaluate candidates for this recruitment as follows:
  • Initial review of minimum qualifications: We may do an additional preferred review and/or send out additional supplemental questions to identify those highest qualified.
  • Consideration of top candidates: We will consider qualified candidates in order of rank and score from the list of eligible candidates. This may include panel interview(s), a hiring interview, and/or additional testing to determine the best candidates for a position.
  • Background check and reference checks: All finalists must pass professional reference checks and some positions may require a criminal records check.

Additional Information:

This recruitment may be used to fill full-time, part-time, temporary, limited duration and on-call positions.

Type of Position: This hourly union-represented position is eligible for overtime.

Location: Multnomah Building, 501 SE Hawthorne Blvd., Portland, OR 97214

Schedule: This position will be a hybrid of telework & in office, with the opportunity of an alternative schedule.