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Job ID: 179613

Treasury Analyst
Tufts University


Date Posted Feb. 23, 2022
Title Treasury Analyst
University Tufts University
Somerville, MA, United States
Department The Trustees of Tufts College
Application Deadline Open until filled
Position Start Date Available immediately
 
 
  • Classified Staff
  • Fiscal Services
 
 

Overview

Treasury Operations is responsible for the University’s cash management and forecasting, banking products and relationships, transactional reconciliation, Ecommerce, debt management, investment of short-term working capital and other miscellaneous investments, School as Lender program, processing of gifts of securities and special projects.


What You'll Do

Under the direct supervision of the Associate Director of Treasury, the Treasury Analyst is responsible for daily treasury activities including processing wire transfers, daily cash applications, and liquidity management. This position also has responsibility for analysis and review of the organization’s operating cash flows, forecasting, supporting general accounting with monthly bank reconciliations, researching bank transactions, and responding to treasury related inquiries in Salesforce. The Treasury Analyst supports the Associate Director of Treasury and the Associate Treasurer with special projects as required.

 

Essential Functions include:

 

Daily Treasury Operations

Evaluate daily cash position and apply cash daily to the general ledger. Communicate with University stakeholders to identify any unknown cash receipts and apply them to the general ledger in a timely manner.  Provide recommendations to the Associate Director of Treasury and the Associate Treasurer regarding investing and borrowing short-term cash to effectively manage daily liquidity. Act as a resource for departments on transactional inquires and financial questions that require problem-solving and analytic capability. Ensure financial compliance with University policies and procedures, audit and accounting disclosure requirements, and applicable legal rules and regulations.  

Cash Flow Forecasting

Develop, maintain & distribute a weekly cashflow forecast to provide senior management with a view of both short and long-term cash requirements; assist with the capital planning and budgeting process and the assessment of long-term capital requirements.

Treasury Administration

Assist the Associate Treasurer with bank account administration including opening/closing bank accounts; maintaining updated lists of authorized signers and online banking administration. Maintain a treasury calendar for interest payments, principal payments, financing renewals and any other significant treasury events. Support Associate Director of Treasury in assisting and training members of TSS, the Bursars Office and various departments who perform daily transactional activities that affect cash and treasury systems.

Financial Analysis

Provide ongoing analysis related to bank and other treasury related fees, interest income and expense. Perform a variety of financial analyses on the University’s operating liquidity and treasury operations to identify trends and recommendations to help inform decision-making. Perform analysis to assess the impact of current and future economic trends (i.e. interest rates, fiscal policies, etc.) on the university’s debt portfolio, investment portfolio and other financial arrangements. Monitor the performance of the short-term investment portfolio to ensure compliance with University’s investment policy guidelines. Assist in monitoring the University tax-exempt debt portfolio to ensure that necessary tax requirements are met to maintain the tax-exempt status of the bonds.

Period Close Activities

Reconcile designated bank accounts including researching variances between the bank and the general ledger and truing up these variances in a timely manner. Assist other members of the Treasury Department with ad-hoc reporting, compliance reporting, and audit requests. Collaborate with general accounting on bank and investment account reconciliations.

Special Projects

Support the Associate Treasurer and the Associate Director of Treasury with special projects as necessary.


What We're Looking For

Basic Requirements:

  • Bachelor’s Degree in management, finance, accounting or related discipline required.
  • 3-5 years of experience
  • Excellent interpersonal and communication skills, both verbal and written
  • Effective planning and organizational skills (balancing multiple tasks and assignments within specified deadlines including ability to articulate project status to supervisor, other team members and customers)
  • Ability to communicate and collaborate effectively with others across the University and at banks and other service providers.
  • Strong computer skills, proficiency with Excel & PowerPoint
  • Self-starting, flexible and responsive; able to make independent decisions in a fast-paced environment and manage multiple assignments within specified deadlines
  • Ability to develop and maintain positive working relationships with co-workers, as well as internal and external customers

Preferred Qualifications:

  • Certified Treasury Professional “CTP” designation a plus
  • PeopleSoft experience a plus
  • Minimum 3 years financial/analytical experience required
  • Understanding of basic accounting concepts required

An employee in this position must complete all appropriate background checks at the time of hire, promotion, or transfer.

 

Equal Opportunity Employer – minority/females/veterans/disability/sexual orientation/gender identity.

 


 
Please reference AcademicKeys.com in your cover letter when
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Contact Information

 
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pertaining to this university job announcement.

 

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