Senior Director - Treasury

Detroit Public Schools Community District
US - Michigan - Detroit
January 9, 2025
Management

Position Summary:

The Senior Director of Treasury is responsible for overseeing the District's cash/banking activity, investment portfolio of short and long-term assets, borrowing, and bond repayments.
The position is a senior leadership position that will complete administrative and supervisory work in the general area of cash management.
The position is responsible for planning, directing, and monitoring all aspects of cash at the district and school level, including but not limited to investment portfolio management, supervising daily cash activity, forecasting,cash collection procedures, and financial reporting.

Minimum Qualifications:

Graduate degree in Business Administration, Finance, Accounting or related field; plus five (5-10) years' professional accounting experience, including forecasting or cash flow management in a large school system, municipality, or comparable environment, and to include five (5) years administrative or supervisory experience.
Preferred - Five (5) years' experience in Michigan school finance with specific experience in finance, accounting, budget, and/or cash management.

Essential Functions:

Manage banking and financial institution relationships.
Negotiate bank and service fees.
Implement new bank technologies, products and services to improve cash cycles and simplify district operations.
Manage the daily, weekly, and monthly cash flow requirements and maintain it on a daily basis; monitor all daily bank balances for all funds.
Project long-term cash flow requirements; determine if borrowing is necessary prior to tax collections and disbursements; provide actual and forecasted cash requirements for loan documentation.
Work with City of Detroit and Wayne County to ensure prompt notification of tax distributions enabling the procedure of same day credit/investment.
Oversee the day-to-day management of cash collections and disbursement processes for student activity accounts for the district.
Supervise the scheduling, preparation, and delivery of tax withholdings, retirement, bond and other payments in accordance to District agreements, statutory guidelines and timelines.
Develop investment guidelines and strategy for cash activity for the district.
Other duties as assigned.

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification.
They are not intended to be construed as an exhaustive list of all responsibilities and duties required of those in this classification.

Security Clearance:

Internal Applicants:
If you are a current Detroit Public Schools Community District employee, you do not have to submit to a new security clearance, unless your new role requires a different type of criminal background check.

External Applicants:
In alignment with Michigan law, if you are hired to fill a position, you will be required to submit to a Detroit Public Schools Community District criminal background check.
Information regarding required background checks will be shared at point of hire.

Method of Application:
Applicants must apply through the online application system.
Only applications submitted through the online application system will be considered for any posted position and all applications require a resume to be considered.

Successful candidates are required to submit official transcript(s) at point of offer to hire.
Teaching service outside of the Detroit Public Schools Community District must be verified by the applicant's prior employer(s) prior to hire.
It is the applicant's responsibility to provide all documentation (including copies) as requested.

Applicants requesting assistance during the application process should contact the Office of Human Resources via email at .
@detroitk12.
org or phone at (313) #-#.

DPSCD does not discriminate on the basis of race, color, national origin, sex, sexual orientation, gender identity, disability, age, religion, height, weight, citizenship, marital or family status, military status, ancestry, genetic information, or any other legally protected category, in its educational programs and activities, including employment and admissions opportunities.
Contact the Civil Rights Coordinator for more information at (313) #-# or detroitk12.
org/compliance.

Read the full job description and apply online on the recuiter's web-site

Senior Director - Treasury

Senior Director - Treasury

Find Jobs Hiring Now Near You!

Get Jobilize Job Search Mobile App Now

Related Job Postings

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

LTC Nurse Aide PCT

Behavioral Health Therapist-Psych Partial

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

Behavioral Health Therapist-Psych Partial

Behavioral Health Therapist-Psych Partial

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

LTC Nurse Aide PCT

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

LTC Nurse Aide PCT

LTC Nurse Aide PCT

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd

OTR CDL-A Drivers 61,776 73,216+ Yearly / 3 Months EXP Req'd