Treasury Operations Manager

Under the direction of the Associate Controller, Treasury, the Treasury Operations Manager manages the University’s treasury operations and supervises its accounts payable function. The position is accountable for daily cash management, bank and enterprise reconciliations, treasury and investment accounting entries, and the integrity of the University’s payment operations.

It implements and administers controls, approval authority, and procedures that govern disbursements and treasury activity and recommends enhancements to the Associate Controller, Treasury.

The Treasury Operations Manager exercises independent judgment to safeguard University cash assets, enforces internal controls, provides year-end audit support, and serves as the primary operational backup to the Associate Controller, Treasury.

Minimum Qualifications

• Bachelor’s degree in accounting, finance, business administration, or a closely related field and at least five years of related experience; OR a master’s degree and three years of related experience.
• Supervisory experience.
• Experience with complex bank reconciliations and cash management.
• Advanced knowledge of accounting principles and personal computer applications, including Microsoft Excel.
• Skill in written and interpersonal communication, and the ability to communicate effectively with all components of the University and external constituents.

Preferred Qualifications

• Experience in higher education finance.
• Experience supervising an accounts payable or disbursement team.
• Experience with the Ellucian/Banner or other ERP system.
• Experience with treasury banking platforms, ACH, wire transfers, and payment controls.
• Experience leading process-improvement or system-implementation projects.

Essential Functions and percent of time

Accounts Payable Supervision and Payment Operations (30%)

• Supervise the Accounts Payable team, including work assignment, training, and performance management.
• Manage the University’s disbursement operations and hold accountability for timely, accurate, and compliant vendor payments.
• Implement and administer payment controls, delegated approval-authority levels, and segregation of duties requirements established or approved by the Associate Controller, Treasury.
• Coordinate payment operations across Procurement, Payroll, Financial Aid, and other University units.
• Develop staff through cross-training and documented procedures to ensure operational continuity.

Treasury Operations and Cash Management (25%)

• Manage the University’s daily cash position, including daily rolling cash and short-term liquidity to meet operating needs.
• Authorize and release large cash transfers, wire payments, and ACH transactions, and administer the controls that govern them and escalate significant or unusual transactions as appropriate.
• Administer the operational aspects of banking relationships and treasury banking platforms, including user access and payment security.
• Safeguard University cash assets and maintain continuity of critical treasury operations.

Reconciliation and Financial Integrity (20%)

• Direct and perform reconciliations of University bank accounts to the Banner enterprise resource planning (ERP) system.
• Reconcile federal and institutional student loan funds.
• Record treasury and investment accounting entries and related adjustments.
• Manage the reconciliation process and control environment, resolve discrepancies, and maintain complete, audit-ready documentation, and escalate significant or unresolved matters to the Associate Controller, Treasury.

Compliance, Controls, and Audit Support (15%)

• Implement, monitor, and recommend enhancements to internal controls over treasury and payment operations.
• Provide year-end audit support and serve as a primary contact for treasury and Accounts Payable audit requests.
• Oversee tax and regulatory reporting related to disbursements and treasury activity, including annual Form 1099 reporting.
• Prepare or oversee recurring treasury-related tax filings assigned to the position, including sales tax and kilowatt-hour tax returns, and maintain supporting documentation.
• Direct fraud-prevention monitoring and recommend control enhancements.

Leadership, Staff Development, and Process Improvement (10%)

• Set operational priorities and direct the day-to-day work of the Accounts Payable team and assigned treasury activities, consistent with priorities established by the Associate Controller, Treasury.
• Develop and maintain treasury and payment policies, procedures, and business continuity plans and recommend policy and control changes to the Associate Controller, Treasury; and implement approved changes.
• Lead process-improvement and system initiatives across treasury and payment operations.
• Advise campus departments and serve as the primary operational backup to the Associate Controller, Treasury.