Treasury Director jobs in Galveston, TX

Job Description:
Provides leadership and directs the day-to-day activities of the Institution’s Treasury Services and Cash Office, and Tax Compliance functions. This position will work closely with the Associate Vice President & Controller and members of the Finance Leadership Team. This position will provide technical accounting expertise for the Institution and helps ensure the integrity of financial information and record keeping via the core Finance administrative systems.  This position will provide technical and complex tax expertise for the Institution to ensure compliance with all federal, state, and local tax rules and regulations.  This position will drive improvements to systems, controls, and procedures, acting as a proactive advocate to streamline processes within their purview. This position will assist in the development, implementation, and maintenance of applicable accounting policies and the provision of timely, accurate services to customers at all levels of the institution.  Other responsibilities include benchmarking, operational reporting, scorecards, management reporting, performance management, budgeting, analysis and other financial activities with a broad functional or organizational scope.

Essential Job Functions:

Treasury Services

• Manage UTMB’s bank accounts and banking relationships.
• Manage all aspects of daily cash management including accounting for all lockbox activities, reporting, posting of cash, daily ACH/wire payments, funding of payroll and related costs, daily movement and accounting of cash between funding of expenditures through operating accounts.
• Accounting for investments.
• Cash forecasting, and budgeting.
• Manage accounting and reporting of approximately 900 Endowments.
• Debt administration – structure, compliance, payments, project funding, and accounting
• Merchant Services – issue all credit card equipment for the Institution, manage Global Payments services relationship, manage posting of credit card transactions to general ledger.
• Issue, maintain and audit petty cash / change funds across the Institution.
• Work closely with areas across campus to ensure data integrity.

Bursars / Cash Receipting Office

• Manage Bursar’s/Cash Receipting Office which supports the institution receiving payments from students, patients, employees and clinic locations.
• Support university with student payments and other student services
• Accept patient and retiree payments.
• Receipting of cash for 60 clinic locations
• Credit card refunds, system voids / corrections
• Log and maintain patient belongings.

Tax Compliance

• Manage all aspects of tax compliance including compliance with all state, local, federal, and international tax laws and regulations.
• Manage Unrelated Business Taxable Income (UBTI) process.
• Provide tax research as applicable.
• Interpret complex tax regulations to ensure compliance with changing federal and state rules and regulations.

Vendor Management

• Maintain UTMB vendor file.
• Ensure vendor file maintenance adheres to strict control processes to prevent fraud and abuse.
• Partner with contracted third party to resolve any vendor payment validation issues.

Internal Control Environment

• Adhere to internal controls and reporting structure.
• Ensure records retention is in compliance with institutional records retention policies.
• Develop, monitor and report significant metrics/key performance indicators to Controller for areas of responsibility.
• Stay abreast of new accounting development, laws, regulations, etc.
• Update and maintain departmental policies and procedures, identifying appropriate internal controls for department and providing mechanisms to monitor and enforce compliance.
• Implement and maintain procedures to ensure timely, accurate month-end and fiscal year-end accounting close processes and assist with the preparation of monthly and annual financial statements, and annual operating budget.
• Assist Audit Services in monitoring UTMB departmental adherence to institutional policies and procedures.
• Accountable for overseeing the maintenance of the Institution’s general ledger and related accounting practices, assuring subsidiary ledgers reconcile to the general ledger, and balance sheet reconciliations are maintained related to processes and accounts within their purview.

Staff Development

• Facilitate and provide professional development through sound performance management practices.
• Development of staff including technical, process related, communication, and customer service.
• Supervise staff, including hiring, training, conducting performance appraisals, and applying discipline as appropriate.

Other Duties

• Assist with ad hoc projects.
• Assists Associate Vice President & Controller with external audits as needed.
• In collaboration with Information Services, develop and maintain information systems that support Finance service lines within areas of responsibility.
• Document and perform annual tests of Business Continuity Plans for areas of responsibility.
• Collaborate with other UTMB Business areas to resolve cross-functional issues.
• Ensure timely, accurate responses to requests for financial services from customers at all levels of the Institution.
• Organize and plan work to ensure appropriate prioritization and timely deliverables.
• Provide routine status updates and quickly escalate appropriate issues to leadership when necessary.

Marginal or Periodic Functions:

• Adheres to internal controls and reporting structure.
• Performs related duties as required.

Knowledge/Skills/Abilities:

• Broad technical knowledge of rules and regulations.
• Ability to lead staff of professional and clerical employees involved in treasury, and tax compliance activities.
• Excellent verbal and written communication skills including the ability to communicate with individuals at all levels within the institution.
• Knowledge of complex accounting systems.
• Demonstrated ability to solve complex problems.
• Ability to analyze/evaluate data and make appropriate decisions and recommendations.
• Strong organizational and planning skills with the ability to manage multiple projects.
• Enhances skills/knowledge by maintaining an active continuing education program.
• Excellent financial modeling skills with ability to build and maintain complex models to support Executive Leadership decision making.
• A sound understanding of GAAP and GASB Pronouncements.
• Broad technical knowledge of treasury and cash management laws, rules and regulations especially the Federal Cash Management Improvement Act.