Principal Financial Analyst (Treasury)

Los Angeles County Metropolitan Transportation Authority • Los Angeles, CA

4d • Onsite

About The Position

Performs highly complex financial analysis work in support of Metro's Debt, Investment, Cash Liquidity, Banking Operations, or Financial Planning functions to maximize Metro's working capital. The Principal Financial Analyst (Treasury) will manage highly complex financial analysis work in support of Metro’s debt program, investments, cash liquidity, banking operations and financial planning to maximize Metro’s working capital, strategic initiatives and resource assessment.

Requirements

• Bachelor's Degree in Finance, Economics, Business, or a related field
• Five years of relevant experience in accounting, finance, banking, treasury operations, financial advisory services, insurance, or related field
• A valid California Class C Driver License or the ability to utilize an alternative method of transportation when needed to carry out job-related essential functions

Nice To Haves

• Master's Degree in a related field
• National or state recognized financial, accounting, or related professional designations
• Experience reviewing and monitoring compliance for public finance documents and agreements
• Experience forecasting and modeling financial costs, interest income, and operational revenue
• Experience utilizing fixed-income securities to manage short-term cash flow and liquidity, and fund capital projects
• Experience compiling data and preparing complex financial reports

Responsibilities

• Manages the investment program of Metro's working capital; invests the liquidity component and oversees external managers hired to invest assets
• Manages daily cash flow for operation and project expenses
• Coordinates cash management and investment with debt activities
• Maintains and updates cash management policies and procedures
• Tracks, monitors, and ensures compliance with applicable agreements, covenants, and restrictions, investment policy, statutory, and legislative restrictions for all Metro Treasury programs
• Assists in structuring, documenting, marketing, and the sale of Metro's debt and lease financings, as well as, assisting with the development and operation of other Treasury Department programs
• Assists in the preparation of presentations to Metro's committees, Metro's Board of Directors, rating agencies, investors, and other external groups
• Reviews operating fund portfolio structure and recommends restructuring or reallocation of assets as appropriate
• Manages Metro's banking services and maintains banking relations by serving as the primary liaison and administrator for commercial banking relationships for user departments
• Manages sales tax audit, forecasting, and recovery contract
• Conducts research and prepares documentation associated with Metro's ongoing banking operations, investment, debt, and financial planning programs
• Prepares monthly and quarterly financial reports
• Performs highly complex analytical work in support of Metro's investment or debt programs, planning function, and/or pension and benefits administration; prepares pension and OPEB (Other Post-Employment Benefits) invoices
• Serves as project manager of procurements and assists in the selection of banking and financial services providers
• Reviews legislative guidelines and interoffice policies to develop, implement, and monitor compliance with Metro's debt, investment, and banking policies
• Monitors the financial condition of public agencies and financial institutions to protect securities purchased, invested, or deposited by Metro
• Monitors material events and assists in meeting continuing disclosure obligations
• Coordinates Metro's Treasury Department activities with financing team members, legal counsel, bankers, financial advisors, and underwriters
• Assists Accounting, Budget, and Planning staff in the preparation of information required for financial statements, Long-Range Transportation Plan, and annual budget development
• Procures Metro's bond financing and maintains supporting data to meet post issuance compliance and other reporting requirements
• Approves payment of expenditures from bond proceeds to ensure compliance with tax laws
• Conducts special projects, requiring complex legal or technical reference and documentation
• Provides Treasury services to Metro's component units, programs, and external agencies
• Performs short- to long-range cash forecasting
• Leads the development of the Treasury Department's annual operating budget or annual debt budget
• Leads, coaches, trains, mentors, and motivates assigned employees

Benefits

• Metro provides reasonable accommodation to enable individuals with disabilities to perform the essential functions
• Metro is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, ancestry, national origin, gender, marital status, sexual orientation, religion, age, veteran status, or disability.
• Metro does not deny participation in the application process to anyone with prior justice system involvement, in line with Fair Chance hiring practices.

What This Job Offers

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