Assistant Treasurer, Treasury and Investments

The Treasury and Investments department within Finance is currently seeking a Full-time Regular Assistant Treasurer, Treasury and Investments. 

The Treasury and Investments Department is responsible for banking, cash flow management, endowment administration, investments (long term & short term), foreign exchange, debt management and reporting of all funds received through the University of Calgary's banks.

This position reports to the Director, Treasury & Investments.  The Assistant Treasurer acts on behalf of the Director in their absence.  This role is responsible for supporting the Director and the University in the development, implementation, and updating of comprehensive treasury and investment reports, policies, procedures, and decision support analysis.  The incumbent requires to work with complex finance, treasury, banking, investment, accounting, budgeting and forecasting systems and processes.  The Assistant Treasurer plays a strong role in the measuring and monitoring financial resources (cash, capital, debt and foreign exchange) for the University.

Summary of Key Responsibilities (job functions include but are not limited to):

Financial/Management Reporting, Budgeting and Forecasting

• Accurate, timely and relevant financial and statistical reports which comply with the regulatory audit requirements of:Monthly financial reports, variance reports and related analysis are prepared accurately and within predetermined timelines
  • Canadian Association of University Business Officers
  • Office of the Auditor General of Alberta
  • Government Departments and agencies
  • Others
• Ad hoc financial analysis, reports & forecasts are prepared as requested by various stakeholders including senior administration
• Information is completed on an accurate basis in accordance with specifications and timelines determined from the end user
• Responsible for planning, forecasting and implementing short term investment and foreign exchange strategies and providing operational support for long term investment strategies:
• Responsible for developing and maintaining forecasts for cash and short term investments (less than 1 year) and foreign exchange requirements for all areas of the university
• Work with faculties and departments that are exposed to foreign currencies and gather information and create an accurate f/x forecast
• Analyze cash requirements and forecasts to recommend short term investment and foreign exchange hedging strategies
• Implement foreign exchange hedging strategies upon approval
• Manage and update contracts related to foreign exchange transactions
• Work closely with Senior Banking Officer and the Director to ensure adequate short term liquidity including determinations of short term borrowing or investment needs, execution and recording of borrowing and/or investment transactions, development of the short and long term liquidity forecasts, and research and resolution of treasury related issues
• Develop medium and long term cash forecasts
• Prepare and execute trade orders related to policy rebalancing, redemptions and new funds received
• Act as the primary contact for the custodian and direct account opening/closing, and movement of funds related to investments

Consulting Services

• Guide and support in the development and evolution of comprehensive banking and foreign exchange processes and controls at the University level
• Identify financial information requirements and complete accurate data analysis to support management decision-making
• Provide accurate, timely, relevant information and data analyses using the University¿s Financial Systems, data warehouse and other powerful technological tools to those that need it
• Successful and timely completion of special assignments and projects, including reports, recommendations and outcomes

Communications/Relationships

• Proactively develop and maintain respectful, trustworthy, productive, problem-solving working relationships with colleagues, staff, line managers and external consultants so that expert opinions and advice are sought where appropriate and considered reliable
• Communications are timely, informative, confidential and appropriately tailored to the level of the end user
• Communicate with University community and external financial entities to develop full understanding of and compliance with financial and budget constraints and processes to ensure the financial transactions and budgets of the University are recorded appropriately and in a timely manner
• Regularly meet with external stakeholders to evaluate alternative options and strategies for banking and financing needs

Managerial

• Effective policies, procedures and systems that ensure best practices are followed
• Staff develop effective problem solving skills
• Unit meets or exceeds internal/external stakeholder expectations

Qualifications / Requirements:

• Professional finance or accounting designation (CPA or CFA) with a University degree in Finance, Economics or Accounting
• Significant work experience in various finance, and analyst functions (7-10 years)
• Significant experience in cash flow forecasting for a complex public institution or major corporation is a requirement
• Experience in leading a team of finance professionals
• Experience in a consulting/advisory role to clients would be beneficial
• Experience in development of business cases would be beneficial
• Experience in or working with Information Technology would be a definite asset
• Intermediate to expert user of computer software applications, including Microsoft Excel, Microsoft Word, data warehousing and other business intelligence tools
• Ability to create, motivate and lead an effective team
• Ability to set performance goals and coach towards those goals
• Ability to work collaboratively and interact respectfully and persuasively with a variety of internal and external contacts
• Ability to work in a high volume environment interruptions and changing priorities
• Experience with Bloomberg would be an asset
• Criminal Background Checks and Credit Checks are required for the successful candidate

Application Deadline:  January 22, 2017

For more information and to apply for the position (Job ID# 11903), please CLICK HERE. 

We would like to thank all applicants in advance for submitting their resumes. Please note, only those candidates chosen to continue on through the selection process will be contacted.

Additional Information

This position is classified in the Professional Career Band, Level 4 of the Management and Professional Staff Career Framework.

To find out more about management and staff opportunities at the University of Calgary and all we have to offer, view our Management and Staff Careers website.