Treasurer

City of Manhattan Kansas•Manhattan, KS

About The Position

The Treasurer manages and optimizes the City’s cash flow and revenue, evaluates fiscal decisions, and helps ensure the City meets its financial obligations. The role oversees investment, debt, and cash management processes; forecasts cash flow; and analyzes the risks and rewards of financial decisions affecting City departments and funded agencies. The Treasurer also supervises applicable finance staff and completes special projects assigned by City leadership. The position manages City fund investments and reports on their status, activity, and performance. It develops and oversees investment policies and procedures, maintains the formal investment policy, and ensures compliance with applicable statutory requirements and City policies. The Treasurer evaluates treasury transactions, resolves discrepancies, oversees trustee functions, and manages the City’s debt program, including monitoring debt and making principal and interest payments. Other duties include reconciling bank accounts, monitoring and transferring cash, assisting with year-end audits and potentially budget development, supporting daily department operations, maintaining records, conducting research, and ensuring compliance with regulations and policies. The Treasurer provides supervision and direction to applicable staff, including hiring and training as needed, coordinating schedules, administering City policies consistently, evaluating performance, addressing routine personnel issues, and communicating clearly with staff and City leadership. The position works Monday through Friday, 8:00 a.m. to 5:00 p.m. It is a regular, exempt, full-time role. The starting salary range is $99,791.01–$124,733.22 annualized, depending on qualifications. The position is open until filled and may close at any time.

Requirements

Bachelor’s degree in Accounting, Business Administration, Finance, or a closely related field.
Five years of closely related professional work experience in banking, investments, debt management, and cash management.
An equivalent combination of education and experience may be considered as meeting the minimum qualifications.

Nice To Haves

Master’s degree in Finance, Accounting, or another related field.
Experience with high-end computerized fund accounting software packages.
Knowledge of municipal, state, or federal government operations.
Prior supervisory experience.
High-level user skills with spreadsheets, word-processing, and relational databases.

Responsibilities

Manage and optimize cash flow and revenue and evaluate fiscal decisions to ensure the City meets its financial obligations.
Manage investments of City funds and provide administration with current status, activity, and performance reports.
Invest funds in accordance with sound financial practice and City policy, maintaining safety and liquidity while maximizing yield.
Develop and implement investment principles that comply with statutory requirements for investments and depository purposes.
Develop, recommend, and oversee investment policies, practices, and procedures, including reviewing and analyzing data.
Maintain the City’s formal investment policy and compile documentation for the annual review of the City’s expanded investment powers by the Pooled Money Investment Board.
Evaluate the completeness and accuracy of treasury transactions, identify discrepancies, and determine and implement corrective actions.
Manage and oversee trustee functions within the Finance Department.
Oversee the City’s debt management program and monitor compliance with statutory requirements.
Monitor the City’s short- and long-term debts and make principal and interest payments.
Reconcile City bank accounts, monitor cash flow, make deposits, transfer money, and ensure accounts are balanced.
Assist with year-end audits and, as needed, development of the City’s budget, including debt capacity analysis for the Capital Improvement Plan.
Assist with leadership and direction for day-to-day department operations.
Hire and train staff as needed; supervise applicable staff and coordinate their schedules.
Administer City policies and procedures consistently, support employee productivity and morale, and conduct timely performance planning and evaluations.
Resolve routine personnel issues and lead and manage staff through clear, consistent communication.
Coordinate communication with leadership regarding the status and availability of funds.
Conduct research, maintain records and documentation, attend meetings and training, and perform additional duties as required.
Ensure compliance with applicable regulations, policies, and procedures.

Benefits

Boot, clothing, and vehicle allowances, if applicable.
City-issued cell phone, if applicable.
Required participation in the Kansas Public Employees Retirement System (KPERS) and voluntary retirement contributions through Nationwide, Mission Square, and Empower KPERS 457.
Wellness, medical, vision, dental, and prescription drug benefits.
10.5 paid holidays per year plus one floating holiday.
12 to 26 days of paid vacation per year based on years of service.
12 days of paid sick leave per year.
Up to six weeks of paid parental leave.
Education reimbursement and professional development.
Reimbursement of up to $8,000 per calendar year for tuition and fees; professional development funds depend on the department budget, and certification or licensure may be reimbursed.
Long-term disability, employer-paid group life insurance, basic life insurance, an employee assistance program, and voluntary benefit options.