Reporting to the Director of Treasury, the Associate Director of Treasury will assist in overseeing DFCI's treasury function. This individual will interface with the department of accounting, budget, accounts payable, special funds, payroll, and financial planning. The Associate Director will also assist the Director of Treasury in long-term capital planning and the Institute's $3-4 billion investment program.
Treasury Operations and Liquidity ManagementOversee daily and monthly cash reporting, providing accurate and timely information to Treasury leadership and senior management.
Assist the Director of Treasury with liquidity management, cash positioning, and forecasting.
Prepare monthly balance sheet fluctuation analysis and investigate significant findings.
Treasury Systems and Process ImprovementOversee the Kyriba TMS and related cash management functionality, ensuring data integrity, reliable reporting, effective system utilization, and opportunities for automation and integration.
Develop and maintain treasury dashboards, management reports, and standardized reporting processes.
Identify and implement process improvements, enhance operational efficiency, reporting accuracy, system functionality, and internal controls.
Internal Controls and ComplianceDevelop, maintain, and review Treasury policies, procedures, and control documentation to promote operational consistency, fraud prevention, segregation of duties, and compliance with established requirements.
Monitor adherence to Treasury policies and procedures; address control deficiencies in coordination with appropriate stakeholders.
Bond ManagementAssist Director of Treasury with debt issuances, refinancings, refunding, redemptions, and other financing transactions.
Maintain debt schedules and supporting documentation, including outstanding balances, bond premiums and discounts, leases, and related financing activities.
KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED: - Advanced knowledge of accounting for treasury-related areas with knowledge of not-for-profit accounting.
- Strong technical and professional accounting skills.
- Advanced knowledge and understanding of cash management principles, banking systems, and processes.
- Experience with Kyriba TMS.
- Strong analytical and problem-solving skills.
- Ability to plan, manage and establish a sense of teamwork in his/her areas of responsibility
- Ability to think critically and follow through on objectives
- Ability to represent DFCI effectively with high-level external professionals, such as investment managers, investment bankers, and officials from rating agencies.
MINIMUM JOB QUALIFICATIONS: - Bachelor's degree in Business, Accounting or Finance required.
- Master's degree preferred.
- 5 years of experience in a financial or related field required.
- 3 years of management experience required.
- 3 years of experience in a financial or related field preferred.
- 3 years of increasing responsibility in treasury management across all areas of treasury functions, preferably in a not-for-profit preferred.
License/Certification/Registration Required: Patient Contact: The hiring range is based on market pay structures, with individual salaries determined by factors such as business needs, market conditions, internal equity, and based on the candidate's relevant experience, skills and qualifications.
For union positions, the pay range is determined by the Collective Bargaining Agreement (CBA).
$164,400.00 - $184,200.00
