Director of Treasury

University of Memphis•Memphis, TN

About The Position

The Director of Treasury serves as the University's senior treasury officer and provides strategic leadership, oversight, and management of the institution's treasury function. Reporting to the designated senior financial officer, the Director is responsible for enterprise liquidity management, cash forecasting, banking relationships, debt administration, investment oversight, treasury risk management, payment strategy, treasury technology, and treasury analytics. The Director develops and implements treasury strategies that support the University's financial sustainability, capital planning, operational effectiveness, and long-term strategic objectives. The role collaborates extensively with Accounting, Financial Reporting, Financial Planning, Administration, Enrollment Management, Financial Aid, Student Business Services, Research Administration, Advancement, Facilities, and executive leadership to support data-driven decision-making and stewardship of University financial resources. The position remains open until filled. To receive first consideration, applicants must submit a complete application by November 1, 2026, at 11:59 p.m. Central Time; applications received afterward may be considered in subsequent review rounds until the position is filled.

Requirements

Ten years of progressively responsible experience in treasury management, banking, investments, debt management, financial planning, corporate finance, or related financial leadership functions.
Demonstrated experience managing complex cash forecasting, liquidity management, banking relationships, and financial analysis activities.
Experience with debt administration, investment management, capital financing, or treasury operations in a complex organization.
Supervisory and leadership experience.
Knowledge of treasury management principles and best practices, cash forecasting and liquidity management techniques, banking products, payment systems, and treasury technology.
Knowledge of investment portfolio management and performance measurement, debt financing structures, bond covenant compliance, and capital markets.
Knowledge of financial modeling, forecasting, and analytical methods; internal controls, fraud prevention, and risk management; and higher education finance and institutional budgeting principles.
Skills in strategic financial leadership and decision support, financial analysis and modeling, treasury operations management, investment and debt portfolio analysis, negotiation and relationship management, data analysis and business intelligence reporting, written and verbal communication, project management, and process improvement.
Ability to translate financial information into actionable recommendations, build collaborative relationships across stakeholder groups, exercise sound judgment in complex financial situations, manage multiple priorities, lead organizational change and innovation, and present complex financial information to executive leadership and governing boards.

Nice To Haves

Master's degree in Finance, Business Administration, Accounting, Economics, Public Administration, or a related discipline.
Professional certification such as Certified Treasury Professional (CTP), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or Certified Management Accountant (CMA).
Experience in higher education, governmental, healthcare, or other highly regulated institutional environments.
Experience with bond financing, public-private partnerships, and investment oversight.
Experience implementing treasury technology and cash management solutions.

Responsibilities

Direct and oversee daily treasury operations and cash management activities.
Manage enterprise cash positioning and liquidity to meet operational and strategic obligations.
Develop, maintain, and improve short- and long-term cash flow forecasts.
Monitor and optimize institutional working capital.
Administer operating cash, reserve funds, and designated liquidity pools.
Establish and maintain treasury policies, procedures, and internal controls; recommend strategies to maximize liquidity while protecting University resources.
Manage relationships with banking and financial institution partners; evaluate, negotiate, and administer banking services, agreements, and fee structures.
Oversee treasury technology platforms, bank connectivity, and cash management systems.
Direct payment strategy and operations, including ACH transactions, wire transfers, merchant services, card processing, and electronic payment solutions.
Monitor banking service performance and recommend process improvements; develop banking controls and fraud prevention measures.
Administer University investment policies and procedures and coordinate with investment managers, custodians, consultants, and other service providers.
Monitor investment portfolio performance and compliance with approved guidelines; prepare investment analyses and recommendations for senior leadership and governing boards.
Manage short-term investment strategies and institutional liquidity portfolios; support long-term investment planning and asset allocation discussions.
Manage and monitor the University's debt portfolio, including bonds, notes, direct placements, and Public-Private Partnership obligations.
Ensure compliance with bond covenants, continuing disclosure requirements, and debt-related reporting obligations.
Develop debt service forecasts and long-term debt affordability analyses; evaluate refinancing and restructuring opportunities.
Support future debt issuances and financing transactions; coordinate with trustees, rating agencies, financial advisors, underwriters, legal counsel, and other external stakeholders.
Participate in capital financing and capital structure planning.
Develop institutional cash forecasts using information from relevant University units; support enrollment and tuition revenue forecasting.
Develop scenario analyses and financial stress-testing models, and prepare financial models for capital projects, strategic initiatives, and major business decisions.
Assist with strategic financial planning and institutional sustainability initiatives; provide analytical support for executive decision-making.
Monitor and assess interest rate, liquidity, banking, investment, and counterparty risks; develop contingency funding and liquidity management plans.
Evaluate financial risks related to debt, investments, and treasury operations; support enterprise risk management initiatives and assessments.
Strengthen treasury internal controls and compliance processes and lead fraud prevention and banking security initiatives.
Develop treasury dashboards, management reports, and key performance indicators; prepare periodic liquidity reports.
Measure forecast accuracy, conduct cash flow variance analyses, identify financial trends, and implement continuous improvement initiatives.
Prepare treasury presentations and reports for executive leadership, finance committees, and the Board of Trustees.
Provide actionable analysis to support institutional financial performance and decision-making.
Lead, supervise, mentor, and support the professional development of treasury staff.
Build partnerships across academic and administrative units and coordinate treasury initiatives with relevant University functions.
Represent the University in financial institution and professional association relationships; maintain awareness of best practices, treasury technologies, and higher education finance trends.
Ensure compliance with applicable regulations, bond covenants, banking requirements, investment policies, and University policies.
Maintain documentation for treasury activities and financial controls; assist internal and external auditors with treasury audits and reviews.
Recommend updates to treasury policies and governance practices as institutional needs evolve.