PRIMARY RESPONSIBILITIES
- Supports the operational needs of Treasury including cash management, bank relationship management, payment strategies, and short-term investments.
- Prepares daily and monthly tracking, reporting, and analysis of the Authority's banking activity.
- Supports Treasury decision-making through accurate data compilation, analysis, and model development.
- Maintains cash activity utilizing Oracle Treasury modules to record transactions.
- Reports on cash balances compliance as needed.
- Initiates the payable payment process and ensures that the Authority's vendors receive accurate payments in a timely manner using Electronic Funds Transfers (EFTs), Automated Clearing House (ACHs,) checks, and wire transfers. Responds to and resolves customer and vendor inquiries and complaints.
- Prepares and monitors the daily forecast of the Authority's operating accounts and assists with recommending timing of outgoing cash flows related to capital and benefits payment processing.
- Maintains policies and procedures for the Treasury department. Identifies and implements technology and process improvements to continuously improve the efficiency of the Treasury.
- Prepares monthly and quarterly reports and special financial analysis as needed.
- Assists in preparing year-end reports for audit.
- Performs the duties of other Treasury staff during periods of absence. Performs related duties as assigned.
MANAGEMENT RESPONSIBILITIES
Reporting to this position are the following jobs:
Job Title
CHALLENGES
- Effectively managing the payment process and reporting of activity with operational initiatives and projects simultaneously.
EDUCATION/EXPERIENCE REQUIREMENTS
- Bachelor's degree in Finance, Accounting or a related field plus one (1) years of experience in financial analysis or accounting, cash flow analysis, business planning, capital analysis, spreadsheet development and creation of financial and accounting models, or a combination of education and experience relating to this position.
PHYSICAL REQUIREMENTS
- Requires remaining in a stationary position for extended periods of time and constantly operating a computer and other office productivity machinery.
- Service Area Requirement: Exempt (Non-Union) employees must live within the boundaries of the CTA Statutory Service Area either at the time of employment or within 6 months of beginning employment at CTA.
KNOWLEDGE, SKILLS, AND ABILITIES
- Advanced time management and prioritization skills.
- Strong financial, analytical, and research skills.
- Strong verbal and written communication skills.
- Strong organizational skills.
- Ability to operate in a fast paced, unstructured environment.
- Detailed knowledge of corporate finance and analysis.
- Ability to establish and maintain effective working relationships with senior level executives to assist in forming and executing strategic initiatives with all CTA business units.
- Detailed knowledge of business-related software including Access, Excel, Word, and Oracle.
- Detailed knowledge of applicable federal and state laws and regulations governing the financial operations of the Authority.
WORKING CONDITIONS
- General office environment.
- May be required to travel to various field locations as part of scheduled property and storeroom inventories, or on special project assignments.
- Subject to weather conditions when travelling to field locations.
- Various extended hours as required.
EQUIPMENT, TOOLS, AND MATERIALS UTILIZED
- Standard office equipment.