Senior Treasury & Cash Management Officer

City of Riverside; Riverside (CA); On-site; USD 90,000 - 130,000; Full time

Job summary

The City of Riverside's Finance Department is seeking a Treasury Officer to lead the Debt & Treasury Division. This role ensures liquidity, manages cash, oversees banking relationships, and maintains internal controls in accordance with City policies and applicable law.

Typical duties include directing funds collection and disbursement, supervising Treasury staff, developing cash forecasting, and coordinating with the Investment Advisor to implement investment strategies aligned with policy.

Qualifications

• Five years of professional experience performing revenue management duties, including cash management, investment, finance, accounting, banking and cash control.

Responsibilities

• Direct and oversee the collection, custody and disbursement of City funds, including monitoring bank, custodial and liquidity accounts to ensure security of assets and regulatory compliance.
• Manage and evaluate banking and financial service providers; coordinate with banking partners to ensure regulatory compliance, resolve issues and optimize service delivery.
• Plan, assign and supervise Treasury staff; provide training, performance evaluation and professional development.
• Develop and maintain Treasury policies and procedures related to cash handling, revenue collection and reconciliation, fraud prevention, cybersecurity, and handling of sensitive financial information.
• Oversee treasury processes, including automation and system enhancements to increase efficiency and internal controls.
• Maintain centralized cashiering and revenue systems, including user access controls and vendor coordination.
• Prepare budget for the Treasury Division and coordinate with City departments on initiatives; monitor market conditions with Investment Advisor to align with Investment Policy.

Education

Bachelor’s degree in finance, accounting, business administration, public administration or closely related field

Job description

The City of Riverside's Finance Department is seeking a Treasury Officer to lead the Debt & Treasury Division. This role ensures liquidity, manages cash, oversees banking relationships, and maintains internal controls in accordance with City policies and applicable law.

Typical duties include directing funds collection and disbursement, supervising Treasury staff, developing cash forecasting, and coordinating with the Investment Advisor to implement investment strategies aligned with policy.