Easter Seals Jobs

Position Summary

PRIMARY FUNCTION OF POSITION

Direct the operational and personnel activities within the Office of Treasury and Financial Management (TFM). Functional responsibilities include:

• Operating Cash Investments
• Cash Management and Banking
• Debt Management
• Endowment Management
• Special Projects

The TFM Director reports to the Vice President for Financial Planning and Analysis.

DUTIES AND RESPONSIBILITIES

Operating Cash Investments

Manage the University's operating cash investment activities, including:

• The development and implementation of policies and strategies for the operating cash pools and other separately managed investments as approved by the Board of Trustees. 
• Primary liaison for the investment consultant and investment managers for operating cash pools and other separately managed investments.
• Provide reporting, analysis, and strategic recommendations for operating cash pool investments.
• Continuous monitoring of the operating cash pools and investment managers.* *
• Investment accounting, performance management, portfolio analysis and external reporting. 

*Cash Management and Banking  *

Oversee the University's daily cash management and banking activities, including:

• Implementation of new banking relationships and services, including treasury "best practices." 
• Primary liaison with financial providers.
• Provide reporting, analysis, and strategic recommendations for operating cash pool liquidity.
• Day-to-day operating cash liquidity.
• Daily, monthly, and multiyear cash flow projections. 
• Investment income projections.  

*Debt Management *

Oversee the University's external and internal debt management activities, including:

• Compliance in accordance with the relevant bond covenants, swap agreements, line of credit agreements and other debt agreements.
• Summarize and analyze the University's debt portfolio to determine and minimize the "all-in" risk-adjusted cost of capital.
• Primary liaison with internal and external bond counsel, debt advisors, debt counterparties, rating agencies and borrower departments.
• Coordinate presentations on debt financing or refinancing. 

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``` - Debt capacity monitoring and projections.     - Debt payments in accordance with the relevant bond covenants.  - Swap payments in accordance with the relevant swap agreements.  - Management of internal loan and leasing programs.

Endowment Management

Administer the University's endowment operations, including:

Maintain compliance with the Uniform Prudent Management of Institutional Funds Act (UPMIFA) and University policy consistent with accounting and legal requirements.

Liaison with University Advancement, General Counsel and endowment recipient departments.

Assist departments with the interpretation of endowment guidelines and financial information pertaining to individual endowments. 

Review of new endowment agreements and amendments.

Analyze and recommend endowment spending policy levels.

Administer spending policy distributions as approved by MSU Board of Trustees. 

Oversee purchases and sales of Common Investment Fund endowment units.

Oversee reinvestment of unspent spending policy distributions in accordance with endowment guidelines and departmental direction. 

Evaluate endowment income account utilization and facilitation of appropriate spending plans w