Manager, Treasury Debt & Investments

San Mateo County Transit District • Millbrae, CA

3d

About The Position

The Manager, Treasury Debt and Investments manages investments, debt issuances, cash flow, debt portfolio activities, and related compliance in accordance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) requirements for the San Mateo County Transit District (SamTrans), Peninsula Corridor Joint Powers Board (Caltrain), San Mateo County Transportation Authority (TA), and San Mateo County Express Lanes Joint Powers Authority (Express Lanes). The role oversees debt and investment activity, long-term cash flow forecasting, financing plans, bond issuance and compliance, agency policies, financial reporting, and staff supervision.

The position also oversees credit-rating updates and reporting, EMMA postings, required debt and investment disclosures, financial statements and ACFR materials, investment reports, audits, and internal controls. It provides accounting, financial, and analytical expertise on debt, investments, and hedging; supports accurate treasury reporting and general ledger reconciliation; and helps implement applicable debt-management and investment standards. The manager supervises staff, supports their development and performance, and promotes safe work practices.

Requirements

• Sufficient experience, training, and/or education to demonstrate the knowledge and ability to perform the essential functions; relevant work experience may substitute for a degree.
• Typically, a bachelor’s degree in accounting, finance, or a closely related field.
• Five years of full-time, progressive experience in accounting, finance, or treasury.
• Three years of full-time experience in government capital financing, debt management, and investment securities, including issuance of three or more municipal bond offerings.
• Three years of project lead or supervisory experience.

Nice To Haves

• Professional certification such as Certified Treasury Professional (CTP), Chartered Financial Analyst (CFA), or Certified Public Finance Officer (CPFO).
• Proficiency with Microsoft Excel, financial modeling, and analysis.
• Experience with automated financial management systems such as PeopleSoft or Clearwater.
• Effective written and oral communication skills.
• Working knowledge of GAAP.
• Working knowledge of governmental accounting, enterprise accounting, and/or bond compliance.

Responsibilities

• Manage the timing, issuance, and compliance of all Treasury Department debt instruments.
• Create financing plans for the four agencies’ cash flow and debt transactions.
• Prepare and maintain long-term cash flow forecasts to manage and anticipate debt and investment portfolios.
• Oversee long-term investment portfolios, develop investment strategies, manage external portfolio managers, and follow agency investment policies.
• Work with Municipal Advisors on official statements for bond offerings, prepare portions of the statements, and support bond closings.
• Develop, document, and maintain agency debt, investment, reserve, and other necessary policies.
• Maintain compliance for bond issuances, including annual repository and certificate filings and arbitrage calculations.
• Supervise staff, participate in staff selection, hire and mentor employees, coordinate training and professional development, set performance objectives, evaluate performance, and take appropriate corrective or disciplinary action.
• Ensure Equal Employment Opportunity policies and procedures are followed.
• Oversee credit-rating updates and reporting, prepare required EMMA postings, provide data to credit rating agencies, and participate in credit reviews and surveillance calls.
• Coordinate with finance partners on debt and investment disclosures and compliance reports, including ACFRs, year-end compliance, and arbitrage reporting.
• Prepare and present staff reports, Board authorizations, resolutions, and other assigned materials related to debt and investments.
• Develop special investment reports and produce monthly, quarterly, and annual investment reports and analysis for leadership, the Board of Directors, and other stakeholders.
• Review and prepare monthly and quarterly staff reports and financial statements, notes, tables, and exhibits for agency ACFRs.
• Compile fiscal year-end narratives and statistical sections concerning debt and long-term investments for agency ACFRs.
• Work with the Treasury Operations Manager to identify internal-control exposures and operational-efficiency improvements, and take corrective action.
• Maintain debt, investment, and compliance records and reports for audits, and implement policy and procedure changes as required.
• Provide accounting, financial, and analytical expertise regarding debt, investments, and hedging.
• Interpret and implement new and existing California debt-management and investment standards as they are revised.
• Review monthly financial statements and Treasury reports, ensure the accuracy of Treasury journal entries and reporting, and work with the accounting/general ledger group to reconcile accounts.
• Perform job duties safely, promote safety awareness, and follow safety procedures to reduce or eliminate accidents.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager