Guadalupe-Blanco River Authority · 2 months ago
TREASURY AND DEBT COORDINATOR
New Braunfels, TX
Full-time
Onsite
Mid, Senior Level
$54K/yr - $91K/yr
5+ years expGuadalupe-Blanco River Authority is responsible for managing cash and investment positions to ensure liquidity and maximize investment yields. The Treasury and Debt Coordinator will oversee cash management, debt portfolio management, and compliance with financial regulations while collaborating closely with finance leadership.
Environmental ConsultingNon ProfitWater
Responsibilities
Administer cash, investment, and debt management programs to meet cash flow needs and investment objectives as well as compliance with all federal and state laws, GBRA policies, and debt covenant requirements
Monitor the cash and investment position to meet investment policy and developed strategies. Implement plans to maximize investment returns while ensuring the safety of principal and sufficient liquidity
Follow and stay abreast of the economic climate including financial market updates, economic data, investment reports, and other information
Design, develop, maintain, and update cash flow forecast models and other analyses to best position cash and investments within the investment markets
Obtain quotes for purchases of investments, perform calculations and analysis of quoted yields, and transfer funds as necessary to finalize transactions
Routinely monitor check exceptions that don’t match positive pay file and provide processing directions to bank, apply stop payment and void directions as necessary, and maintain stock of bank supplies at all GBRA locations
Monitor, and adjust as necessary, collateral levels for the coverage and protection of assets on deposit with financial institutions
Prepare wire transfer or ACH payments for payment to vendors for certain contracts. Independently confirm payment instructions
Perform reconciliations of investment software, investment statements and advices, and the general ledger. Prepare journal entries to record cash and investment activity
Review bank analysis fee reports monthly for accuracy. Evaluate opportunities for efficiencies and fee reductions and/or renegotiation
Maintain and update investment software for compliance and reporting
Prepare cash and investment report for the monthly financial report and at other intervals as determined necessary
Serve as designated Investment Officer of GBRA and complete required continuing education
Manage the debt portfolio including timely payment of debt obligations and compliance with bond covenants. Maintain and update debt service schedules
Validate the collection and filing of continuing disclosure reports to ensure filings are completed in compliance with bond covenants
Participate in debt planning discussions for upcoming capital projects and assist with updates to bond offering documents and other debt related materials
Coordinate with arbitrage consultant for the completion of annual arbitrage calculations and reporting
Ensure compliance with various laws, regulations, internal policies & practices, and GBRA’s Investment Policy as well as the Texas Public Funds Investment Act (PFIA) and Texas Public Funds Collateral Act (PFCA)
Make recommendations for changes and updates to the Investment Policy, Financial Practices & Strategies, and other financial guidance
Prepare investment and debt related schedules for the Annual Comprehensive Financial Report and Budget Binder
Establish and maintain positive relationships with internal departments, financial institutions, brokerage firms, and other consultants. Serves as primary contact for day-to-day activities with financial institutions
Serve as the primary contact for investment management software, debt management software, and other related programs. Lead system transitions and implementation when necessary
Ensure that sufficient internal controls are in place to adequately maintain separation of duties
Perform other duties as assigned
Qualification
Required
Knowledge and proficiency in cash and investment practices and strategies
Knowledge of debt management practices including government tax-exempt obligations
Knowledge of acceptable accounting standards, practices, and principles
Leadership skills including the ability to coordinate with other members of the Finance team as well as other divisions
Interpersonal and people skills with the ability to work independently, within a team environment, and with a diverse group from at all levels of the organization
Time management and organizational skills including the ability to manage competing priorities and meet deadlines
Ability to exercise initiative and responsibility
Ability to maintain high level of confidentiality
Ability to perform routine and non-routine work assignments accurately and on time with limited supervision
Skill in using business systems, treasury and investment management software, debt management software, and Microsoft Office programs
Effective communication skills both orally and in written form
Bachelor's degree in Finance, Economics, Accounting, or business related field or equivalent years of related treasury, financial, or accounting experience
Minimum of five years' experience in finance, economics, and/or accounting activities with increasing levels of responsibility
Preferred
Certification, or seeking certification, such as Certified Public Funds Investment Manager, Certified Treasury Manager, Certified Treasury Professional, or similar program
Company
Guadalupe-Blanco River Authority
Guadalupe-Blanco River Authority offers utility services and operations to communities and customers throughout the Guadalupe River Basin.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase