Treasurer jobs in Maryland
Treasurer guides the overall direction, coordination, and operation of the organization's treasury department. Develops the strategic vision and direction for the treasury function. Being a Treasurer directs and manages treasury activities of an organization including financial forecasting and mitigating risk. Ensures financial transactions, policies, and procedures fulfill the organization's objectives, needs, and regulatory body requirements. Additionally, Treasurer is responsible for the corporate banking, credit, and investment functions. Requires a bachelor's degree. Typically reports to top management. The Treasurer manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Treasurer typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Recently Added Treasurer jobs
Investment Operations Manager
- Maryland State Treasurer's Office
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Annapolis, MD
FULL_TIME
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JOB
Section 6-222 through 6-225 of the State Finance and Procurement Article governs the investment of the State’s unexpended or surplus money. The Investment Department in the State Treasurer’s Office is charged with the responsibility of investing these monies in accordance with established laws, policies and procedures, as well as establishing an Investment Policy which provides additional guidance and protocols for investment of state monies.
The Investment Department primarily invests the cash balances that are temporarily idle between the time State revenue is collected and the time budgeted amounts are disbursed. The Department is also responsible for several longer-term investment activities associated with the purchase of 20-year development easements on agricultural land and the payment of lottery prizes. The Department manages the investment of General Obligation bond proceeds and directs the short-term and long-term investments of a number of trustee accounts under State agency revenue bond indentures. Interest earnings on investments under the stewardship of the State Treasurer accrue to the General Fund unless State law or regulation directs that the interest should accrue to a specific fund. Under State law, investments by the State Treasurer’s Office are limited to secured bank accounts, full faith and credit obligations of the federal government, obligations of certain federal agencies or instrumentalities, repurchase agreements collateralized by those securities, certain money market mutual funds and limited amounts of highest rated commercial paper.
The State wants to make proceeds from its investments, and the investment portfolio is ultimately designed to meet the cash flow needs of the State so that funds are available to cover disbursements and fund State programs for its citizens. However, the highest priority of the Investment Department is the safe and prudent keeping of public funds. Subsequent priorities encompass liquidity of the portfolio to meet all operating requirements of the State and return of investment with due regard for minimizing risk while maximizing return in consideration of the cash flow characteristics of the portfolio.
The Deputy Director of Investment Services is responsible for all operations of this three-person department, ensuring adherence to all statutes, regulations and policies. The Deputy assists with and is accountable for the accurate and timely processing of all cash management and investment activities with regard to the States $650 billion annual cash flow and the $25 billion investment portfolio. The incumbent should be able to draw on public finance experience, knowledge and resources to strategize, develop, and implement policies and procedures which will promote automation in all areas of cash management for State operations. This position is also responsible for full supervision of one other position in the Investments Department.
This is a full-time position with State employment benefits including paid holidays, vacation/sick/personal days, subsidized medical and dental plans, defined-benefit pension plan, 401(k)/457 plans, employee credit union, direct deposit, and free parking. The position is Management Service and serves at the pleasure of the Maryland State Treasurer.
The ideal candidate should have:
Bachelor’s degree in business administration, finance, economics, or related subject area.
Comprehensive, hands-on experience with fixed income investments.
Experience with money management, knowledge of wall street investments.
Demonstrable knowledge and/or experience with public finance (i.e., public revenue, public expenditure, and public debt).
Experience in government and/or non-profit investing and cash management.
Experience supervising subordinate staff including assignment and review of work, performance evaluation, time and leave approval, training, and involvement with Human Resources.
Additional treasury or financial certifications or post-graduate education in related fields.
LIMITATIONS ON SELECTION: Applicants must be willing to work in the Annapolis area. Candidates will be subject to a background investigation to include credit and criminal history. - 12 Days Ago
Treasurer jobs at Popular Companies
Treasurer
- City Of Canandaigua
-
Canandaigua, NY
- The City Manager is seeking an experienced leader to serve as its next Treasurer/Finance Director. The person will have ...
- 4/23/2024 12:00:00 AM
Treasurer
- Insight Global
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Atlanta, GA
- About the job We are seeking an experienced Corporate Treasury professional who is looking for the opportunity to shape,...
- 4/22/2024 12:00:00 AM
Treasurer
- Noble Credit Union
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Fresno, CA
- Noble Credit Union has grown and expanded over the years as they strive to better serve the needs of communities in Cali...
- 4/22/2024 12:00:00 AM
Treasurer
- Impact Search Group, LLC
-
New York, NY
- Overview: Opportunity with top global asset management firm to be an initial leader launching a centralized treasury tea...
- 4/22/2024 12:00:00 AM
Treasurer
- Noble Credit Union
-
Fresno, CA
- Noble Credit Union has grown and expanded over the years as they strive to better serve the needs of communities in Cali...
- 4/21/2024 12:00:00 AM
Treasurer
- AssuranceAmerica
-
Atlanta, GA
- Job Description JOIN THE ASSURANCEAMERICA TEAM Do you want to be part of an organization where you are valued, and your ...
- 4/21/2024 12:00:00 AM
Treasurer
- Insight Global
-
Atlanta, GA
- About the job We are seeking an experienced Corporate Treasury professional who is looking for the opportunity to shape,...
- 4/21/2024 12:00:00 AM
Treasurer
- Impact Search Group Llc
-
New York, NY
- Overview: Opportunity with top global asset management firm to be an initial leader launching a centralized treasury tea...
- 4/20/2024 12:00:00 AM
About Maryland
Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east. The state's largest city is Baltimore, and its capital is Annapolis. Among its occasional nicknames are Old Line State, the Free State, and the Chesapeake Bay State. It is named after the English queen Henrietta Maria, known in England as Queen Mary.
Sixteen of Maryland's twenty-three counties border the tidal waters of the Chesapeake Bay estuary and...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Treasurer jobs
$255,894 to $386,864
Most Popular Cities in Maryland for Treasurer Jobs
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