Director of Debt and Cash Management Director of Reconciliations and Transaction Management

State of Delaware; New York (NY); On-site; USD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Director of Debt and Cash Management to lead the Division of Reconciliation and Transaction Management. This pivotal role involves overseeing bank reconciliation, payment distribution, and budget preparation while ensuring compliance with state and federal regulations. The successful candidate will drive strategic initiatives, manage complex projects, and collaborate with various stakeholders, including banking partners and state agencies. If you have a strong background in program administration, strategic planning, and budget management, this opportunity offers a chance to make a significant impact in a dynamic environment dedicated to financial excellence.

Qualifications

• Bachelor's degree in relevant fields like Accounting or Finance is required.
• Three years of experience in program administration and strategic planning.

Responsibilities

• Oversee strategic initiatives and develop multi-year projects.
• Provide guidance to agency heads for operational goals.

Skills

Program Administration

Strategic Planning

Budget Administration

Staff Supervision

Legal Interpretation

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Business Administration

Bachelor's Degree in Finance

Job description

Summary Statement

The incumbent in this class will oversee the Division of Reconciliation and Transaction Management (RTM) within the Office of the State Treasurer. This division is responsible for bank reconciliation, payment distribution, revenue collection and budgetary preparation and monitoring, and coordination of efforts within all FSF modules for the department. The incumbent will be a liaison with the state banking partners, state agencies and local school districts, and other third-party vendors. The incumbent will be responsible for the project management of the division.

Essential Functions

Essential functions are fundamental, core functions common to all positions in the class series and are not intended to be an exhaustive list of all job duties for any one position in the class. Since class specifications are descriptive and not restrictive, incumbents can complete job duties of similar kind not specifically listed here.

1. Assists the Governing Institutions and agency heads in the development of plans for achieving strategic goals and objectives of the Programs.
2. Directs strategic initiatives of the Division and oversees development of multi-year projects and Programs.
3. Provides recommendations, guidance and direction to agency heads for the purpose of meeting organizational and operational goals and objectives and identifying/resolving problems/needs; recommends new and revised policies and procedures.
4. Oversees the preparation of complex studies, projects, reports and dashboards pertaining to the Programs at the request of the Governing Institutions and/or agency heads.
5. Supervises, reviews, evaluates, coordinates, and prioritizes the work of staff and makes recommendations on hiring and performance-related action.
6. Develops and coordinates budget proposals for the Division's operating budget. Maintains/negotiates contractual agreements, develops request for proposals to implement provisions of state and federal regulations and/or to provide program services.
7. Interprets, explains, applies and may suggest changes to applicable state and federal laws, rules, regulations, policies and procedures to the administration of the Programs.
8. Develops and implements methods of evaluating the Programs to ensure the delivery of quality services.
9. Promotes market awareness by identifying and procuring key technologies, reports, periodicals, training, memberships and symposia invitations.
10. Provides representation of OST at meetings, hearings, contract negotiations, presentations and committees.

Job Requirements

JOB REQUIREMENTS for Director of Debt and Cash Management. Applicants must have education, training and/or experience demonstrating competence in each of the following areas:

1. Possession of a Bachelor’s degree or higher in Accounting, Business Administration, Business Management, Economics, Finance, Public Administration or related field.
2. Three years experience in program administration such as overseeing and directing the development, implementation and evaluation of programs and services; planning and establishing short and long range program goals and objectives.
3. Three years experience in applying or interpreting laws, rules, regulations, standards, policies and procedures applicable to managing investment portfolios, banking services agreements, or debt issuance/service.
4. Three years experience in strategic planning such as planning and mapping a path between the present and future usually for three to five years by determining key objectives, how to accomplish the key objectives, what strategies should be used, what activities would contribute to accomplishing the key objectives and developing performance measures to gauge and report progress or success.
5. Three years experience in budget, grant or contract administration such as developing, monitoring and controlling budgets, grants, or contracts.
6. Three years experience in staff supervision which includes planning, assigning, reviewing, and evaluating the work of others.

Additional Posting Information

Writing Exercise: A writing exercise will be given at the time of interview. The main office is in the Webb Building with the Silver Lake Business Complex in Dove DE. Office of the State Treasurer (OST) also has a smaller satellite office based in the Carvel State Building in Wilmington, DE.

Conditions of Hire

Criminal background check: A satisfactory criminal background check is required as a condition of hire. The recruiting agency may require the applicant to pay for the criminal background check as part of the conditional offer of hire. Applicants must be legally authorized to work in the United States. The State of Delaware Executive Branch participates in the Federal E-Verify system where the State will provide the federal government with each new hire's Form I-9 information to confirm that you are authorized to work in the U.S.

Benefits

To learn more about the comprehensive benefit package please visit our website at https://dhr.delaware.gov/benefits/

Selection Process

The application and supplemental questionnaire are evaluated based upon a rating of your education, training and experience as they relate to the job requirements of the position. It is essential that you provide complete and accurate information on your application and the supplemental questionnaire to include dates of employment, job title and job duties. For education and training, list name of educational provider, training course titles and summary of course content. Narrative information supplied in response to the questions must be supported by the information supplied on the application including your employment, education and training history as it relates to the job requirements. Once you have submitted your application on-line, all future correspondence related to your application will be sent via email. Please keep your contact information current. You may also view all correspondence sent to you by the State of Delaware in the “My Applications” tab at StateJobs.Delaware.gov.

Accommodations

Accommodations are available for applicants with disabilities in all phases of the application and employment process. To request an auxiliary aid or service please call [phone]. TDD users should call the Delaware Relay Service Number 1-800-232-5460 for assistance. The State of Delaware is an Equal Opportunity employer and values a diverse workforce. We strongly encourage and seek out a workforce representative of Delaware including race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression.