Sound Transit - Treasury Analyst - apply here: https://recruiting.ultipro.com/SOU1036SOUND/JobBoard/dcc5dbea-875e-4cd1-bfd2-8e046cecc54f/OpportunityDetail?opportunityId=b366f5bd-ef36-4e46-bb2a-07472b3f8527

Job Board Title:
Sound Transit - Treasury Analyst - apply here: https://recruiting.ultipro.com/SOU1036SOUND/JobBoard/dcc5dbea-875e-4cd1-bfd2-8e046cecc54f/OpportunityDetail?opportunityId=b366f5bd-ef36-4e46-bb2a-07472b3f8527

Post Date
8/15/2022

Expiration Date
11/13/2022

Details:
ESSENTIAL FUNCTIONS:

The following duties are a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties.

• In accordance with generally accepted accounting principles, performs a variety of professional level accounting duties in support of assigned functional area and sub ledger reconciliations.

• Prepares the daily cash position, advises the Treasury Management on short-term cash management and coordinates the daily cash flow & funding needs.

• Ensures the accurate and timely settlement of all wire and Automated Clearing House (ASH) transactions for treasury, tax & vendor related payments.

• Ensure all banking, investment and debt transactions are timely and accurately recorded in the sub-ledger/ general ledger systems, and maintain the check reconciliation process.

• Actively monitor banking accounts to detect and timely resolve fraudulent activities.

• Analyzes monthly bank charges to ensure billing accuracy, maximization of bank earning credits, and works with bank representatives to resolve errors; recommend new bank banking services that increases efficiency and/or reduce fees.

• Maintains and enhances cash, investment and other Treasury-related analytics.

• Develops and maintains policy, procedures, internal controls and best practices to support the business.

• As subject matter expert, stays current on Treasury-related topics, communicates significant changes to relevant parties and cross-trains other employees on treasury processes, products and services; maintains awareness of federal, state and local regulations and impact of changes on the Agency.

• Supports Treasury leadership with management of banking & investment relationships.

• Supports the identification, evaluation, selection & implementation of Treasury products and services related contracts with our service providers.

• Develops, maintains & interprets critical analytics related to cash flow, investments, bank fees and other Treasury-related data. Supports preparation of materials for reporting to senior leadership.

• Supports/leads departmental projects and resources appropriately to ensure that projects are successfully implemented while working collaboratively across the organization to ensure previously agreed upon project deliverables are met.

• Acts as an internal consultant for Treasury related matters to analyze and develop sound technical and financial information to assist in the evaluation, including cost-benefit analysis, of projects of processes.

• Supports finance committee(s) meeting preparation and its governance process to prudently manage the interest rate, liquidity, funding, and capital risks of the Company.

• Reporting and analysis that support a variety of Treasury functions including capital markets, asset-liability management, investment and funding.

• Ensures all debt compliance (bonds, TIFIA etc.) are meet and administers the on-going debt management processes for the Agency which includes but not limited to timely and accurate payment of debt services and related fees, recording of debt for accounting and tracking, managing various debt databases preparing and tracking the debt budget, providing long term funding analysis, supporting Accounting with financial closing & audit requests, filing arbitrage reports and material event disclosures.

• Ability to manipulate large volumes of data to create reporting to identify and interpret business trends. Analyze detailed datasets, transforming it into meaningful financial information to address complex inquiries and present findings.

• Assists in validation of financial models and cash flows against actual experience and relevant external benchmarks.

• Acts as a change agent by identifying and developing innovative ideas to drive revenue and reduce expense.

• Appropriately escalates issues to management in a timely manner.

• Assists Treasury Management on other operating & departmental functions as needed.

• Brings to the attention of management when accounting data indicates trends or situations requiring action to be taken beyond scope of responsibilities and may make recommendations.

• Champions and models Sound Transit's core values and demonstrates values-based behaviors in everyday interactions across the agency.

• Contributes to a culture of diversity, equity and inclusion in alignment with Sound Transit’s Equity & Inclusion Policy.

• It is the responsibility of all employees to follow the Agency safety rules, regulations, and procedures pertaining to their assigned duties and responsibilities, which could include systems, operations, and/or other employees.

• It is the responsibility of all employees to integrate sustainability into everyday business practices.

• Other duties as assigned.

Qualifications:
MINIMUM QUALIFICATIONS:

Education and Experience:

Bachelor’s degree in Accounting, Finance, Economics, Business, or other related filed. Four years of financial institution experience preferred, including cash management, treasury, bank reconciliation, accounting and/or finance experience; Or an equivalent combination of education and experience. Experience with large financial and accounting systems preferred.

Required Licenses or Certifications:

None.

Required Knowledge and Skills:

• Generally accepted accounting principles and practices including GAAP, GAS, FASB, and GASB.

• Accounting and finance processes, procedures, financial systems and internal control design.

• Industry principles and practices of assigned area.

• Report preparation and presentation, working with report parameters, queries and data extraction.

• Principles and procedures of financial record keeping, storage and document management.

• Analytical review techniques over transactions, account balances, reconciliations and reports.

• Advanced use of Microsoft Office Products – Outlook, Word & Excel.

• Mathematical principles.

• Pertinent local, state and federal laws, regulations and ordinances.

• Office procedures, methods, and equipment including software applications such as word processing, spreadsheets, bank portals, investment tracking software, ERP systems, video conferencing (MS Teams), reporting, and databases.

• Customer service methods and techniques.

• Establishing and maintaining effective working relationships with other department staff, management, vendors, outside agencies, community groups and the general public.

• Working with complex chart of account structures and subsidiary ledgers and preparing a variety of financial and administrative reports.

• Performing data analysis with proven ability to manage large datasets and to work effectively at detail and big-picture levels. Ability to interpret data and information, read, write and organize information in an orderly manner.

• Identifying and researching moderately complex accounting and financial system issues and formulating recommendations to resolve them.

• Applying critical thinking, analytical and problem solving skills.

• Written and oral communication, including ability to summarize and document analysis, conclusions, policies and procedures in a concise and readable manner by others.

• Performing complicated mathematical calculations and analyses.

• Performing project management skills.

• Planning and organizing work to meet changing priorities and deadlines.

• Identifying and resolving general problems in a timely manner using sound judgment.



Comments:
Please apply here: https://recruiting.ultipro.com/SOU1036SOUND/JobBoard/dcc5dbea-875e-4cd1-bfd2-8e046cecc54f/OpportunityDetail?opportunityId=b366f5bd-ef36-4e46-bb2a-07472b3f8527

Employer:
Sound Transit
Contact:
Kristen McKern

Address:
401 S Jackson St
Seattle, WA 98104

Work Phone:
206-553-3748

Fax:
NA

Email:
kristen.mckern@soundtransit.org

Website:
https://recruiting.ultipro.com/SOU1036SOUND/JobBoard/dcc5dbea-875e-4cd1-bfd2-8e046cecc54f/OpportunityDetail?opportunityId=b366f5bd-ef36-4e46-bb2a-07472b3f8527