Job Description

The Treasury Manager leads NTTA's day-to-day treasury operations, cash management activities, investment administration, and banking relationships to ensure the prudent stewardship and safeguarding of Authority funds. This role is responsible for managing liquidity, cash flow forecasting, fund movements, banking services, debt service administration, investment oversight, and treasury-related reporting while maintaining strong internal controls that protect Authority assets and mitigate financial risk.

Serving as NTTA's primary liaison with banking institutions, investment advisors, government investment pools, auditors, and other financial partners, the Treasury Manager oversees the administration of NTTA's investment program and works closely with external investment advisors to support liquidity needs, monitor portfolio performance, and ensure compliance with applicable policies and regulations. The position develops and maintains treasury policies, processes, controls, systems, and reporting tools; prepares treasury and investment reporting for executive leadership and the Board of Directors; and collaborates with internal and external stakeholders to support efficient, accurate, and compliant treasury operations. This role requires exceptional attention to detail, sound judgment, strong analytical and relationship management skills, and a demonstrated commitment to fiscal responsibility, risk mitigation, and fraud prevention. The position reports to the Director of Treasury and Financial Planning.

Midpoint: $112,674/annually

Applicants are required to be eligible to lawfully work in the United States immediately. This position is not available for H1-B visa sponsorship.

Responsibilities:

Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.

1. Manages daily treasury operations, including cash positioning, liquidity management, cash forecasting, banking activities, and fund transfers to ensure sufficient funds are available to meet operational, capital, and debt service obligations.

2. Oversees the movement of funds, electronic payments, wire transfers, ACH transactions, and related treasury activities while ensuring compliance with established policies, procedures, and internal controls. Exercises sound judgment and fiscal responsibility in the stewardship of significant public funds, safeguarding principal, minimizing risk, and protecting Authority assets through diligent oversight and effective treasury controls.

3. Establishes, maintains, and monitors treasury controls and verification procedures designed to minimize fraud risk and safeguard Authority assets, including validation of vendor banking changes, payment authorization procedures, and wire transfer controls.

4. Administers NTTA's banking relationships, serving as the primary point of contact for banks and treasury service providers regarding account management, banking services, treasury products, and operational issues.

5.Oversees administration of NTTA's investment program in accordance with the Texas Public Funds Investment Act (PFIA), Board-approved investment policies, trust agreements, and other applicable requirements.

6.Collaborates with external investment advisors to review cash flow forecasts, liquidity requirements, investment strategies, portfolio performance, and upcoming maturities; provides recommendations and analysis to leadership while monitoring compliance with established investment objectives.

7. Manages relationships with investment advisors, investment pools, trustees, custodians, merchant processors, and other financial partners to ensure effective service delivery and support treasury objectives.

8.Prepares quarterly investment reports, treasury analyses, board presentations, management reports, and other financial reporting materials for executive leadership, Board committees, and the Board of Directors.

9. Performs and oversees investment accounting activities, including journal entries, reconciliations, investment transaction recording, accrued interest calculations, premium and discount amortization, fair value reporting, and related month-end and year-end activities.

10. Coordinates treasury-related activities for internal and external audits, annual financial reporting, compliance reviews, and other regulatory requirements.

11. Evaluates treasury operations, banking services, financial processes, and internal controls to identify opportunities for improved efficiency, effectiveness, risk mitigation, and service delivery.

12. Collaborates with Finance, Operations, Infrastructure, and Administration departments to support organizational initiatives and perform other treasury-related duties as assigned.

13. Leads procurement activities for financial services, from initiation to solution implementation; acts as treasury subject matter expert in procurement process for services impacting, but not owned by, the Treasury department.

Knowledge, Skills, and Abilities:

Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodation, that the essential functions of the job can be performed.

1. Ability to safeguard significant financial assets through disciplined execution of treasury controls, independent decision-making, sound professional judgment, and a strong commitment to fiscal responsibility and stewardship of public funds.

2. Thorough knowledge of treasury management, cash management, banking operations, liquidity management, and related financial practices and procedures.

3. Knowledge of internal controls, fraud prevention practices, risk mitigation techniques, and security protocols associated with electronic payments, wire transfers, ACH transactions, and other treasury activities.

4. Skill in reviewing, validating, and overseeing sensitive financial transactions with exceptional attention to detail, accuracy, and sound professional judgment.

5. Skill in cash flow forecasting, financial analysis, and evaluating complex financial information to support operational and strategic decision-making.

6. Knowledge of investment administration, financial reporting, investment accounting principles, and applicable federal, state, and local laws, regulations, policies, and procedures governing treasury operations, including the Texas Public Funds Investment Act (PFIA).

7. Skill in developing executive-level reports, presentations, analyses, and recommendations for leadership, auditors, Board committees, and the Board of Directors.

8. Skill in establishing and maintaining effective relationships with financial institutions, investment advisors, auditors, public officials, vendors, employees, and other internal and external stakeholders.

9. Ability to communicate effectively, both verbally and in writing, and present complex financial and operational information clearly to diverse audiences.

10. Skill in utilizing Microsoft Excel, financial reporting tools, treasury management systems, financial systems, and related software applications to analyze, manage, forecast, and report complex financial information.

11. Skill in handling multiple priorities, managing competing deadlines, resolving complex issues, and adapting to changing priorities and business needs.

12. Ability to establish and maintain effective working relationships, exercise influence without direct authority, and collaborate across departments to achieve organizational objectives.

Minimum Qualifications:

Education:

Bachelor’s degree in finance, accounting, business administration, economics, public administration, or related discipline

Years of Experience:

Five (5) years of progressively responsible experience in treasury management, cash management, banking operations, treasury operations, corporate treasury, public finance, or a closely related financial discipline. To Include:

Demonstrated success serving in a professional external-facing role, building and maintaining relationships with financial institutions, investment advisors, auditors, vendors, and other key stakeholders.
Experience managing banking relationships, cash management activities, treasury operations, or investment administration functions.
Demonstrated proficiency in wire transfers, ACH processing, electronic payment systems, treasury controls, and banking platforms.
Experience preparing financial analyses, reconciliations, management reports, and executive presentations.
Background managing or administering large cash balances and liquidity programs.
Experience implementing and maintaining treasury controls, payment verification procedures, and fraud prevention practices.

Licenses and Certifications Required:

Texas Public Funds Investment Act (PFIA) certification or ability to obtain within 12 months.

Preferred Qualifications:

Seven (7) years of related treasury, banking, cash management, or financial operations experience. To Include:
- Prior experience in public sector treasury, municipal finance, transportation agencies, utilities, or other governmental organizations.
- Experience preparing board-level financial reports and presentations.
- Experience with investment accounting and administration.
Certified Treasury Professional (CTP) designation.CPA, CFA, or other relevant financial certification.

NTTA is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability or veteran status.

North Texas Tollway Authority

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