Director - Treasury

San Antonio Water System; San Antonio (TX); On-site; USD 116,000 - 142,000; Full time

Benefits offered by this job

Pension

Paid leave

Health benefits

Job summary

San Antonio Water System (SAWS) seeks a Director – Treasury to lead cash management, investments, debt administration, banking relationships, and reporting. The role oversees Remittance Processing and Project Agua funds, guiding treasury strategy and internal controls in a public utility serving millions.

Qualifications include a Bachelor's degree in finance/related field and 8 years in treasury/finance with 5 years supervising. Competitive salary and generous benefits package.

Qualifications

• Bachelor’s degree as specified in MINIMUM REQUIREMENTS.
• Proficient PC skills in financial, word processing, spreadsheet, database, and presentation software.

Responsibilities

• Leads treasury strategies including cash management, liquidity planning, investments, debt, banking services, and treasury operations.
• Oversees investment portfolio compliance with statutes, policies and risk parameters.
• Provides leadership for debt administration and capital market activities, including debt issuances and refunding opportunities.
• Oversees remittance processing and management of funds invested with SA Foundation.
• Develops and maintains treasury policies, procedures, controls, and governing documents.
• Ensures compliance with laws, regulations, bond covenants, grant requirements, and the Public Funds Investment Act.
• Prepares reports and presentations for senior leadership and stakeholders.
• Manages treasury staff and cross-functional coordination across the organization.

Education

Bachelor’s Degree in Finance, Accounting, Business Administration, Economics or related field

Job description

Grade 25: Salary Starts at $129,251.00 annually. Rate of pay depends on qualifications.

This position is open until filled, but resume review will begin as soon as possible with scheduled interviews to follow.

The San Antonio Water System (SAWS) is seeking to fill the Director - Treasury position. Competitive salary depends on qualifications with generous benefits package including pension, paid leave, and health benefits.

SAWS is a public utility owned by the City of San Antonio and serves more than 2 million people in Bexar County, as well as parts of Medina and Atascosa counties. It was created in May 1992 through the consolidation of the City Water Board, the City Wastewater Department and the Alamo Water Conservation and Reuse District (developed system for reuse of treated wastewater). In 2012, SAWS also assumed the former Bexar Metropolitan Water District and currently serves more than 585,000 water customers and 525,000 wastewater customers. SAWS is governed by a seven-member Board of Trustees consisting of the Mayor of the City of San Antonio and six other Trustees appointed by the City Council of the City of San Antonio. SAWS has more than 2,000 employees, approximately $10.7 billion in total assets, and anticipates spending around $3.2 billion over the next five years on capital improvement projects. Since the formation of SAWS, San Antonio has been recognized nationally for its novel conservation efforts and proactive water management planning.

JOB SUMMARY

The Director – Treasury manages the personnel and financial resources of treasury functions, including cash and liquidity management, investments, debt administration, grant administration, banking relationships, payment processing, and disposition of funds. This position leads the development and execution of short- and long-term treasury strategies; oversees key treasury programs, controls, and compliance requirements; and serves as an advisor to senior leadership on matters affecting liquidity, capital management, investment performance, and treasury operations and is accountable for ensuring treasury activities are managed effectively, accurately, securely, and in alignment with organizational goals, applicable laws, policies, and financial objectives. The position will also oversee the Remittance Processing function and its staff.

ESSENTIAL FUNCTIONS

• Leads the development, implementation, and ongoing evaluation of short- and long-term treasury strategies related to cash management, liquidity planning, investments, debt, banking services, and treasury operations.
• Directs and oversees the investment portfolio to ensure compliance with applicable statutes, policies, risk parameters, liquidity needs, and performance objectives.
• Provides leadership for debt administration and capital market activities, including debt issuances, refunding opportunities, debt service planning, covenant compliance, and coordination with internal departments and external advisors.
• Oversees preparation and review of treasury, investment, grant, and debt schedules for financial reporting, audit support, and the Annual Comprehensive Financial Report (ACFR).
• Oversees the Remittance Processing function as well as the management of Project Agua funds invested with the San Antonio Area Foundation.
• Establishes, directs, and continuously improves cash management programs, treasury processes, and internal controls to ensure appropriate authorization, accuracy, accountability, security, and operational effectiveness.
• Provides oversight of cash receipts, payment processing, fund transfers, account reconciliation support, and overall treasury operations to ensure timely and accurate processing of financial activity.
• Maintains accountability for safeguarding bank accounts, financial systems access, treasury tools, sensitive financial data, and fraud prevention controls.
• Serves as a key representative for treasury matters with banks, investment providers, trustees, financial advisors, consultants, auditors, and other financial institutions.
• Leads procurement processes, including RFPs and RFQs, for banking, investment, custody, trustee, payment processing, and other treasury-related services.
• Develops, implements, maintains, and recommends updates to treasury policies, procedures, controls, and governing documents, including the Investment Policy.
• Ensures compliance with applicable laws, regulations, policies, bond covenants, grant requirements, and the Public Funds Investment Act.
• Prepares, reviews, and presents reports, analyses, board items, recommendations, and presentations for senior leadership, governing bodies, and other stakeholders.
• Provides leadership, direction, coaching, and performance oversight for assigned treasury staff; establishes priorities, develops talent, and promotes a high-performing and accountable team environment.
• Leads cross-functional coordination with departments across the organization to align treasury activities with financial planning, capital programs, grant requirements, operational needs, and organizational priorities.
• Performs other duties as assigned.

DECISION MAKING

• This position receives limited supervision.
• Supervises assigned staff and is accountable for work planning, performance feedback, staff development, and delivery of treasury objectives.

MINIMUM REQUIREMENTS

• Bachelor’s Degree in Finance, Accounting, Business Administration, Economics or related field.
• Eight years’ experience in treasury, finance, accounting, or related field, including five years’ supervisory experience.
• Proficient PC skills in financial, word processing, spreadsheet, database, and presentation software.

JOB DIMENSIONS

• Knowledge of regulatory compliance, financial reporting, internal controls, investment statutes, bond covenants, fraud prevention practices, and treasury risk management.
• Comprehensive knowledge of treasury operations, liquidity management, investment management, debt financing, banking services, and public finance practices.
• Advanced financial analysis, strategic planning, and senior-level problem-solving skills.
• Strong leadership, staff development, performance management, and cross-functional collaboration skills.
• Ability to communicate complex financial information clearly and effectively to executive leadership, governing bodies, auditors, financial institutions, and other stakeholders.

PHYSICAL DEMANDS AND WORKING CONDITIONS

Working conditions are primarily in an office environment. Requires visual, acuity, speech, hearing, and manual dexterity necessary to operate basic office equipment.

May be required to work hours other than regular schedule such as nights and weekends.