Assistant Treasurer

Metropolitan Washington Airports Authority

4d•$133,238 - $193,195

About The Position

The Assistant Treasurer serves in the Treasury Department of the Office of Finance at the Headquarters Office. The role manages cash and investment accounts, daily banking activities, and the Airports Authority’s daily cash position. As an Investment Official, the Assistant Treasurer manages the investment portfolio under the oversight of the Treasurer and Investment Committee, supporting financial stability, liquidity, and banking relationships. The position also ensures consistent coverage of Treasury functions, provides Treasury-related support to other offices and finance departments, and supports the CFO. The Assistant Treasurer serves as the designated backup to the Treasurer and assumes responsibility for Treasury operations and decision-making in the Treasurer’s absence.

Requirements

Seven years of experience in treasury operations; a master’s degree in finance, accounting, business administration, or a related field may substitute for two years of required experience.
Strong knowledge of treasury operations, cash management, financial instruments, credit facilities, and treasury best practices.
Knowledge of financial analysis, risk management, economic indicators, capital markets, investment portfolio analysis, and cash flow and investment forecasting.
General understanding of GAAP and ability to apply relevant GASB and FASB guidance to Treasury functions.
Knowledge of accounting practices and methods, including administering bond and investment accounts and preparing supporting schedules for financial statements and audit documentation.
Familiarity with ERP systems, treasury management systems, portfolio management software, and other financial systems.
Ability to analyze complex financial data, evaluate investment opportunities and risk exposures, and develop informed recommendations.
Strong verbal and written communication skills, including ability to explain complex financial and Treasury information to technical and nontechnical audiences.
Proficiency in Microsoft Office, including advanced Microsoft Excel skills, and ability to use modern accounting and financial systems effectively.
Bachelor’s degree in finance, accounting, business administration, or a related field, including at least 12 semester hours in accounting or closely related courses.
State driver’s license in good standing.
Certified Treasury Professional (CTP) designation from the Association of Financial Professionals (AFP).

Nice To Haves

Advanced experience in daily cash management and investments.
Experience in public accounting or CPA.
Advanced degree in business, finance, or management.
Proficiency with Treasury Management System and financial software, especially Workday, Kyriba, and SymPro.

Responsibilities

Perform daily cash management activities, including establishing the daily cash position, monitoring liquidity, reviewing bank reports, reconciling cash balances, and preparing the daily cash report.
Coordinate wire transfers and ACH transactions; verify Accounts Payable disbursements and funding requirements; and capture prior-day transaction details to support timely, accurate payment processing.
Reconcile bank balances and treasury system records, investigate discrepancies, record bank activity in Workday, and maintain organized electronic records.
Coordinate cash collections, disbursements, and funding activities with internal departments, including Accounting, Human Resources, and Debt Management.
Review Positive Pay exceptions, take corrective action, maintain documentation, and review bank fees for accuracy.
Develop and monitor cash flow forecasts for liquidity planning, investment decisions, and timely funding of operating expenses and debt service.
Manage banking relationships and coordinate activities with banks, trustees, and custodians, including opening, maintaining, and closing bank accounts.
Manage the investment portfolio in accordance with applicable IRS regulations, trust documents, and the Airports Authority’s Investment Policy and guidelines; support investment accounting, recordkeeping, reporting, and compliance.
Monitor fixed-income markets and evaluate investment opportunities while maintaining appropriate liquidity and meeting anticipated funding requirements.
Execute investment transactions under the Investment Policy and manage investment purchases, sales, holdings, maturities, and the Certificate of Deposit portfolio, including renewals, using SymPro.
Calculate the monthly Federal Lease set-aside, ensure funding for semiannual payments, and calculate and record required Emergency Repair and Rehabilitation entries.
Prepare periodic cash flow, debt, investment, and risk exposure reports for senior management, and compile Treasury information for the annual budget and ACFR.
Ensure Treasury transactions and accounting entries are correctly recorded to the general ledger; prepare supporting reconciliation files and monthly Treasury reports.
Review bond proceeds expenditures and Passenger Facility Charges reports as required by laws and regulations.
Support relationships with rating agencies, banks and financial institutions, investors, and senior leadership by coordinating Treasury information, responding to inquiries, and providing financial data.
Collaborate with internal and external auditors by providing documentation, responding to audit requests, and ensuring accurate and complete Treasury records and reports.
Identify opportunities to improve Treasury operations using the TMS, ERP, portfolio management, and other approved technology platforms, including Microsoft Copilot.
Serve as the designated backup to the Treasurer, assuming responsibility for Treasury operations and decision-making in the Treasurer’s absence.
Perform other duties as assigned.