Treasury & Investment Analyst #2410-5173-01
Optimizing Cash Flow and Investment Strategy
- Date Opened
- Thursday, October 03, 2024 12:01 AM
- Close Date
- Sunday, October 20, 2024 11:59 PM
- Section
- Finance
- Salary
- Within Local 3144 Range 8: $62,482 - $65,803 annualized
- Employment Type
- Full-Time
- Telework Eligible
- Yes
Introduction
Are you passionate about finance and eager to make a real impact on city operations? Join our team as a Treasury & Investment Analyst! You'll play a key role in managing the city's funds, analyzing cash flows, and optimizing investment strategies. This is your chance to work closely with senior leadership, contribute to major financial decisions, and help shape the city's future. If you're ready to bring your analytical skills to a dynamic and rewarding environment, we want to hear from you!
PRIMARY FUNCTIONS
Work involves the technical and analytical work in the Office of the Treasurer, involving short term investment of City Funds, reconciling of tax collections, reconciling state reimbursements, preparation for the issuances of long term debts and assistance in the development of capital spending programs, Work also involves tasks in the daily operation of the Office of the Treasury including reconciling daily departmental deposits and work with the City’s Financial System.
Work is performed under the supervision of the Controller or designee and is reviewed through daily interaction, conferences and observation of results and ability to conform to generally accepted standards and procedures.
Hybrid remote work options may be available once work routines are established.
TYPICAL DUTIES AND RESPONSIBILITIES
- Prepares weekly and monthly detailed reports regarding City’s school construction program, including the reconciling of State reimbursement requirements and City funding requirements.
- Prepares cash flow analysis for multiple funds and programs.
- Monitors cash receipts and disbursements, recommends amounts to be invested, investment instruments, and terms.
- Compares forecasted and actual cash flows and resolves differences; analyses cash activity in all accounts; maintains detailed records on all investments, evaluates investment performance and recommends changes where appropriate.
- Monitors all laws pertaining to the investment of government funds.
- Assists in the preparation for issuances of long and short term debt, and preparation of capital spending plans and budgets.
- Prepares oral and written reports for general and special purposes.
- Oversees records of long term receivables.
- Performs related duties as required.
EDUCATION, QUALIFICATIONS & EXPERIENCE
Graduation from a four year college or university with major course work in accounting, finance or business administration and one year experience involving cash management or treasury functions, or any equivalent combination of education and experience which provides the following knowledge, abilities and skills:
KNOWLEDGE, EXPERIENCE, SKILLS & ABILITIES
- Knowledge of principles and techniques of cash flow forecasting
- Knowledge of City’s investment policy and short term investment instruments.
- Knowledge of the concepts of present and future values, simple and compound interest and their practical applications.
- Ability to interpret and execute City Charter regulations concerning the investment of funds.
- Ability to organize, plan, schedule and complete assignments on a timely basis.
- Ability to prepare reports in modern formats including Microsoft Excel, Word and PowerPoint.
- Ability to communicate both orally and in writing.
SALARY, BARGAINING UNIT & TERMS OF EMPLOYMENT
This is a General Fund, "Tested" position.
This position is included in a collective bargaining agreement with Local 3144, American Federation of State, County and Municipal Employees.
Bargaining agreements available to review HERE.
General Funded hires into this class are not covered by Social Security and will not pay Social Security taxes. They instead participate in the City Pension; the employee contribution rate is 10% of pay. Employment is contingent upon the successful completion of: (1) a pre-employment background check, (2) a pre-employment physical examination, including pre-employment drug screening accordance with the City’s Drug Free Workplace Policy*, and (3) a 90-day probationary period. Instructions and information on this pre-employment process are included in Conditional Offer of Employment.
Selection Plan
Applicants must demonstrate that they meet the minimum requirements as listed within the job description; failure to do so may result in disqualification. Applicants meeting minimum requirements may be invited to participate in a Civil Service exam process at a later date.
It is critical that you complete the application thoroughly and submit information as outlined above, as the information you provide will be used to ascertain if you are eligible to move forward in the selection process. This information may be used to determine the eligibility list. As such, this job announcement should be considered the exam announcement, and submissions may be evaluated and scored prior to the posted closing date.
Please note that the only method of communication with applicants for this position will be by email. You must provide a valid, working email address and you will need to monitor your email, including spam/junk folders, for correspondence from the New Haven Human Resources Department.
Conclusion
To apply for this opportunity:
- Complete your User Registration. You are encouraged to save your Applicant Profile for future use.
- You MUST click on the job posting you are interested in, and click Apply or Apply Online from within that posting.
- MAKE SURE the job you are applying for is named at the top of the page as you review your application!
- Review or modify your application for that position
- Click "Ready to Send App" or the "Send" tab; read page and click the attestation
- Click "Send to City of New Haven"
- You will be redirected to "CONFIRMATION OF EMPLOYMENT APPLICATION SUBMISSION"
- You will also receive an email and text, if a number was provided, confirming your submission
- If you do not receive this confirmation in the next 24 hours, your application has not been submitted - please contact us at NHJobs@newhavenct.gov
Please Note, your Profile is NOT an application for an open position. After you create your Applicant Profile, you must still click on a Job Title and complete the application as instructed for each position.
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