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Director of Treasury Management

George Mason University

Last Updated: 5/04/21

Job Description

The George Mason University, Fiscal Services Department is looking for an enthusiastic and energetic person for the Director of Treasury Management position. George Mason University has a strong institutional commitment to the achievement of excellence and diversity among its faculty and staff, and strongly encourages candidates to apply who will enrich Mason’s academic and culturally inclusive environment.

About the Position:

Reporting to the Vice President for Finance, the Director of Treasury Management will establish and lead the cash and investment functions for the University. This position will have “hands-on” management of the day-to-day operating cash activities, short-term assets and longer-term investment funds while maintaining adequate liquidity. In addition, they will be responsible for establishing and reporting on the long-term investment portfolio. The Director will develop processes and policies and manage the resources of the treasury management function including identifying, evaluating and implementing a Treasury Management System (TMS).

Responsibilities:

  • Establish and manage the investment of all University operating cash activities, short-term assets and long-term investments including bond proceeds issued for capital projects and cash receipts pending transfer to State Treasury;
  • Develop the new treasury management function and create policies and procedures that provide an adequate level of control over cash management and investment management activities. Ensure procedures and strategies for investing University funds conform to State and Federal laws and regulations;
  • Provide relevant cash analysis and ensure that sufficient funds are available to meet ongoing operational and capital investment requirements. Establish efficient cash and liquidity reporting capabilities to monitor compliance with policy and regulations. Provide cash management analyses as needed for Executive Leadership and the Board;
  • Propose and monitor investment strategies to increase the University’s long-term financial stability. Track and report on investment performance and risk related to the University’s investment activities and performance targets;
  • Lead various University initiatives and strategic projects related to treasury management functions and engage in policy, institutional development, and strategic planning discussions with University leadership as appropriate. Make recommendations to senior management for type, timing, and amounts of financing to meet University operating and capital cash needs;
  • Develop forecasting models that project cash positions for current and future years based on the results of analysis of significant activity and trends. Evaluate capital project investment requests and projected impact on cash flow and liquidity;
  • Identify, evaluate and implement the installation of Treasury Management System for cash and investment management in addition to debt management and internal lending;
  • Manage investment advisory and banking relationships; and oversee the opening and closing University bank accounts. Initiate and review proposals for investment advisory and banking services; negotiate new services or remove existing services as needed;
  • Hire and manage staff that will support various treasury and debt management activities;
  • Other duties, as assigned.

Required Qualifications:

  • Master’s or other advanced degree in Accounting, Business, Management, or Finance preferred; or an equivalent combination of Bachelor’s degree in Accounting, Business, Management, or Finance and experience may substitute for the advanced degree;
  • Minimum of 10 years of progressively comprehensive experience, including supervisory experience, and responsibility in a wide range of Treasury functions (e.g., working capital management, cash management, investment portfolio management and performance reporting);
  • Extensive experience with Treasury Management Systems (Workstations) – identifying, evaluating and implementing of systems / workstations;
  • Superior analytical ability, including experience with advanced financial models, not limited to analysis of operating cash flow, investment alternatives & performance, cost/benefit of funding alternatives. Proven ability to analyze complex financial information, develop conclusions and make recommendations;
  • Demonstrated ability to establish and maintain “hands on” processes, procedures and related policies for treasury services. Knowledge of and ability to keep abreast of changes, technology advances, and state and Federal regulations and legislation that impact treasury management. Experience with developing proforma financial information, investment performance summaries and Board level presentations and reports;
  • Demonstrated ability to build, maintain, and grow a variety of cooperative and collaborative working relationships with both internal and external stakeholders and represent the University with external parties, including Virginia state government, in a professional and ethical manner.

For full consideration, applicants must apply at https://jobs.gmu.edu/; complete and submit the online application; and upload a cover letter, resume, and a list of three professional references with contact information.

Mason Ad Statement:

Great Careers Begin at Mason!

George Mason University is an innovative, entrepreneurial institution with national distinction in both academics and research. Mason holds a top U.S. News and World Report “Up and Coming” spot for national universities and is recognized for its global appeal and excellence in higher education.

Mason is currently the largest and most diverse university in Virginia with students and faculty from all 50 states and over 135 countries studying in over 200 degree programs at campuses in Arlington, Fairfax and Prince William, as well as at learning locations across the commonwealth. Rooted in Mason’s diversity is a campus culture that is both rewarding and exciting, work that is meaningful, and opportunities to both collaborate and create.

If you are interested in joining the Mason family take a look at our current opportunities and catch some Mason spirit at jobs.gmu.edu/!

George Mason University, Where Innovation is Tradition.

Mason EEO Statement:

George Mason University is an equal opportunity/affirmative action employer, committed to promoting inclusion and equity in its community. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any characteristic protected law.



Company Details

Fairfax, Virginia, United States
George Mason University is currently the largest and most diverse university in Virginia with students and faculty from all 50 states and over 135 countries studying in over 200 degree programs at campuses in Arlington, Fairfax and Prince William, as well as at learning locations across the commonwealth. Rooted in Mason’s diversity is a campus culture that is both rewarding and exciting, wor...