Treasury Specialist

Treasury Specialist
Beaverton School District
 Beaverton, Oregon
Job Description

The Beaverton School District in Beaverton, Oregon is hiring for a Treasury Specialist. As one of the Board appointed "Custodian of School Funds", this position manages the District's debt, investment, cash receiving and banking services functions. The District is the third largest in the state, serving approximately 39,000 students with a total budget in FY23 of $1.5 billion.

This position ensures that debt and capital financings meet applicable governmental requirements, that the proceeds of the financings are managed prudently to meet disclosure requirements, and that cash receipts are received and recorded promptly and accurately.

**This position is eligible for hybrid telework scheduling.**

This position includes medical, dental, and vision benefits for employee and family, life insurance, paid holidays, tuition assistance, and is part of the Oregon PERS retirement system.

ESSENTIAL JOB FUNCTIONS

  1. Manages the District's ongoing relationship with banking institutions and between the banks and the schools; meets with bank officials and brokers regarding the District's banking services and investment portfolio; coordinates problem solving regarding cash management and banking functions; researches and resolves issues; assists with establishing new accounts; identifies opportunities for improvements.
  2. Coordinates the daily cash flow activities to minimize balances maintained in demand accounts; coordinates the accounts payable and payroll check processing; provides for transfer and withdrawal of District funds to assure adequate bank account balances are maintained.
  3. Implements investment strategies based on the established investment policy for the district; makes buy-sell investment decisions and daily short term investment activities in accordance with approved investment policy provisions, and makes recommendations for updated to the investment policies.
  4. Monitors portfolio performance; maintains the investment and portfolio records; prepares investment related reports; contributes to investment revenue projections for use in preparing the District's budget.
  5. Oversees other staff assuring accurate and timely deposits are made by receiving, recording and reporting on all cash receipts; coordinates and reviews monthly invoicing; reconciles receivable accounts.
  6. Reconciles, analyzes, verifies and adjusts general ledger account balances as assigned.
  7. Assists the Financial Accounting Manager in the preparation of work papers and schedules for the annual audit.
  8. Coordinates the District's debt management; prepares schedules, organizes historical data for presentation and assists in debt issuance; ensures that all debt service payments are executed timely.
  9. Manages and analyzes the state school funding revenue including the average daily membership (ADM) reconciliation with Information and Technology department and all instructional programs.

All applicants MUST apply through the District's online application program.

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