American University is a student-centered research institution
located in Washington, DC, with highly-ranked schools and colleges,
internationally-renowned faculty, and a reputation for creating
meaningful change in the world. Learn more about
American University
Department:
Treasury Operations
Time Type:
Full time
Job Type:
Regular
FLSA Status:
Exempt
Work Modality:
Hybrid 01 (On Campus 3-4 Days/Week)
Union:
Excluded
Job Description:
Summary:
The position works closely with the Director, Treasury Operations to monitor and analyze the university’s cash and short-term investment accounts. This position initiates domestic and international wires and ACH tax payments on behalf of the university and reconciles the operating account daily. This position will also monitor bank fees, earnings credit rate, and short-term interest rates and manage the day-to-day banking needs of the university. This position assists the Director in preparing operating cash flow projections to determine short-term cash flow needs and the proper investment of excess cash balances. This position will work with the Endowment & Treasury team to provide analysis, due diligence, and research on the University’s endowment portfolio. They will contribute to quantitative and qualitative research at the portfolio, asset class, and manager level. This position will work with the Director, Treasury Operations and University consultants to manage the University’s PCI compliance initiative. Additionally, this position will help maintain the credit card activity of University merchants including analyzing credit card volume and fees. This position will manage the university’s stock gift account, as well as track and maintain the Treasury Operations Office annual supply budget. This position will provide reporting to the Director, Treasury Operations, and the Assistant Vice President of Endowment & Treasury Management. This position is also responsible for providing administrative and general office support to the Treasury Operations office.
Essential Functions:
Department:
Treasury Operations
Time Type:
Full time
Job Type:
Regular
FLSA Status:
Exempt
Work Modality:
Hybrid 01 (On Campus 3-4 Days/Week)
Union:
Excluded
Job Description:
Summary:
The position works closely with the Director, Treasury Operations to monitor and analyze the university’s cash and short-term investment accounts. This position initiates domestic and international wires and ACH tax payments on behalf of the university and reconciles the operating account daily. This position will also monitor bank fees, earnings credit rate, and short-term interest rates and manage the day-to-day banking needs of the university. This position assists the Director in preparing operating cash flow projections to determine short-term cash flow needs and the proper investment of excess cash balances. This position will work with the Endowment & Treasury team to provide analysis, due diligence, and research on the University’s endowment portfolio. They will contribute to quantitative and qualitative research at the portfolio, asset class, and manager level. This position will work with the Director, Treasury Operations and University consultants to manage the University’s PCI compliance initiative. Additionally, this position will help maintain the credit card activity of University merchants including analyzing credit card volume and fees. This position will manage the university’s stock gift account, as well as track and maintain the Treasury Operations Office annual supply budget. This position will provide reporting to the Director, Treasury Operations, and the Assistant Vice President of Endowment & Treasury Management. This position is also responsible for providing administrative and general office support to the Treasury Operations office.
Essential Functions:
Issues university wire and tax payments and reconciles the operating cash balance daily. Records Ad-Hoc bank activity in the University’s ERP system (Workday). Performs daily corporate cash management and forecasting activities; gathers, analyzes, and interprets cash flow and other financial data; determines daily cash balances available for investment; initiates fund movement transfers. Allocates and invests excess cash balances in accordance with policy. Prepares and analyzes investment and…