Job Description

Apply for the Treasury Director position at MBTA .

Job Summary

The Treasury Director assists in the central function of managing the MBTAs debt portfolio, cash position, and investment accounts. The Director has responsibility for maintaining the bond book, bond accruals, tracking commercial paper, reviewing and approving fuel hedge invoices, maintaining and updating financial disclosure, and producing and monitoring the departments debt service and operating annual budget. The Treasury Director will also assist in the production and evaluation of RFPs and interface with Financial Advisors, the MBTAs underwriting syndicate, and bond counsel. The Director will also be part of the team that works with the Build America Bureau on RRIF and TIFIA loan development, execution, and ongoing reporting. The Director will also coordinate with the Finance Department and help prepare presentations to the MBTA Board of Directors and the MBTAs executive leadership.

Duties & Responsibilities

• Maintains tracking of Authoritys funding sources, including revenue bonds, commercial paper, bank loans, leases, and federal loans.
• Create and maintain reports of taxexempt bond proceeds spending on qualified capital projects.
• Conduct invoice review and facilitate payments with Accounts Payable and Cash Bank.
• Develop the Sustainability Bond report.
• Coordinate Treasurys activities with Capital Planning and Oversight and Accounting.
• Manage daily banking needs of the Authority, which includes reviewing and releasing wires and coding transactions for the general ledger.
• Issue Requests for Proposals (RFPs) and negotiate contracts for banking services, debt transactions, renewals and amendments between enterprise, financial institutions, merchant providers and other vendors.
• Interface with commercial and investment banks, trustees, financial advisors, credit card processors, consultants and rating agencies, among others.
• Prepare and monitor Treasury Departments annual and quarterly budgets and expenditures.
• Assist in production and delivery of quarterly debt disclosure.
• Manage fuel hedge invoice review and reporting.
• Contribute to operational improvements of treasury financial systems, implementation of updates and optimization.
• Evaluate and recommend initiatives to enhance risk mitigation and fraud protections.
• Evaluate requests for department and enterprisewide banking services.
• Perform all other duties and projects that may be assigned.

Minimum Requirements & Qualifications

• Bachelors degree from an accredited institution in Finance, Accounting, or related field.
• Seven (7) years of experience in treasury services and/or a related financial markets role.
• Five (5) years of supervisory, managerial, and/or leadership experience.
• Knowledge of financial markets, investment management, and financing techniques.
• Knowledge of banking, treasury management products and services.
• Demonstrated experience coordinating, tracking, and reporting project financials across multiple teams, including establishing, maintaining, and tracking project budgets and overall cost control.
• Demonstrated experience managing multiple project financials, priorities, and tasks across multiple projects and teams.
• Demonstrated experience in overall project execution process.
• Working knowledge of Microsoft Office and financial management software (SAP, Oracle, etc.).
• Superior communication skills and the ability to communicate confidently at all levels.
• Effective organizational, analytical, confidentiality, quantitative, multitasking, and timemanagement skills.
• Have the ability to supervise and work effectively with a diverse workforce.

Substitutions Include

• A High School Diploma or GED with an additional seven (7) years of directly related experience substitutes for the bachelors degree requirement.
• An associate degree from an accredited institution with an additional three (3) years of directly related experience substitutes for the bachelors degree requirement.
• A masters degree in a related subject substitutes for two (2) years of general experience.
• A nationally recognized certification, or statewide/professional certification in a related field substitutes for one year of experience.

Preferred Experience And Skills

• A masters degree from an accredited institution in Business Administration, Finance, Accounting, Public Policy, Public Administration, or related field.
• Experience in project finance, design/build contracts, technology contracts, and transit fare revenue.
• Thorough knowledge of financial legislation, regulation, and practices.
• Experience with project management systems and software.
• Demonstrated ability to understand, interpret, and apply laws, rules, regulations, policies, procedures, contracts, budgets, and labor/management agreements.

Job Conditions

• Ability to effectively read, comprehend, communicate, and respond to instructions, orders, signs, notices, inquiries, etc. in English.
• Be at least eighteen (18) years of age, except if participating in an approved high school internship / coop program.
• Ability to commute to assigned work locations in the Boston, MA metro area, as required by the role.
• Ability to provide internal and external customers with courteous and professional experiences.
• Ability to work effectively, independently, and as part of a diverse workforce team (or supervise, if required).
• Ability to uphold the rights and interests of the MBTA while building and maintaining effective relationships with employees and coworkers.
• Ability to adhere to rules, regulations, collective bargaining agreements (if applicable), and policies of the MBTA, including the EEO, antidiscrimination, antiharassment, and antiretaliation policies.
• Have a satisfactory work record for the two (2) years immediately prior to the closing date of this posting (unless if current student or recent graduate), including overall employment, job performance, discipline, and safety records (infractions and/or offenses occurring after the closing of the posting and before the filling of a vacancy may preclude a candidate from consideration for selection).
• Ability to pass a Criminal Offender Record Information (CORI) check, comprehensive background screening, and / or medical clinic screening, potentially including physical examination and drug and alcohol screenings.
• Ability to work all shifts and / or locations assigned, directed, or necessary for this position, including (for some transit / operations roles) up to twentyfour (24) hours per day, seven (7) days per week as necessary to accommodate severe weather conditions, emergencies, or any other circumstances that may potentially impact service or the safety of service.
• Intern / coop staff must be enrolled full or parttime in an accredited educational program and maintain a cumulative GPA of at least 2.5 for the entire duration of the internship / coop. Additionally, interns / coops must have valid work authorization and U.S. Social Security Number prior to starting their positions and throughout the duration of their program.

Disclaimers and Definitions

• General Disclaimer: The statements contained in this job description are intended to describe a summary, general nature, and complexity of typical job functions and do not represent an exhaustive list of all duties, tasks, and responsibilities required of staff assigned to this position.
• Application Completion: It is each applicants responsibility to ensure application details are entered completely and correctly, including updated work and education histories (past and current). Incomplete applications may not be considered. Attachments do not substitute for application fields. The recruitment team does not have access to existing employee data / history.
• Application Deadlines: Applicants should apply as soon as possible, as the MBTA may stop considering applicants after a sufficiently large applicant pool is established.
• Work Environment: The physical demands and work environment characteristics described herein are representative of those an employee may encounter while performing the essential functions of this job. Reasonable accommodations can be made to enable individuals with disabilities to perform essential functions. See job description for rolespecific requirements.
• Work Eligibility: All employees must be legally authorized to work in the United States and on an unrestricted basis. The MBTA does not have an employer work sponsorship program. However, if you have unrestricted work authorization, or are sponsored by a separate entity, you are welcome to apply. Further, all persons hired will require a U.S. Social Security Number prior to starting the position and employees will be required to complete a Form I9 to verify their identity and eligibility to work in the U.S.
• Interviews: Candidates should ensure they arrive on time, are prepared, can remain for the duration, and if remote, are in a quiet place without distraction, for the interview. Candidates who do not attend their interview without advance authorization, including an email confirmation of a rescheduled time/date from Human Resources, will be considered a noshow and disqualified from consideration for the position. Related to rescheduling, on a onetime basis, and due to something emergent, you may be allowed to reschedule the interview. In addition, Human Resources may require documentation sup]]>

Job Tags

Similar Jobs