Assistant Treasurer

Compensation Grade:

Salary Range:

Opening Date:

Closing Date:

Please Note: All job announcements close at 11:59 p.m. of the day before the posted closing date.

GENERAL RESPONSIBILITIES

Performs daily cash management activities, including establishing the Airports Authority's daily cash position, monitoring liquidity, reviewing bank reporting, reconciling cash balances, and preparing the daily cash report.

Coordinates wire transfers and Automated Clearing House (ACH) transactions, verifies Accounts Payable disbursements and funding requirements, and captures prior-day transaction details to ensure timely and accurate payment processing.

Reconciles bank account balances and treasury system records, investigates discrepancies, records bank activity in Workday, the Airports Authority's Enterprise Resource Planning (ERP) financial system, and maintains accurate and organized electronic records.

Coordinates cash collections, disbursements, and funding activities with internal departments, including Accounting, Human Resources, and Debt Management, to support operational and financial obligations.

Reviews Positive Pay exceptions, takes appropriate corrective action, maintains related documentation, and reviews bank fees for accuracy.

Develops and monitors cash flow forecasts to support liquidity planning, investment decisions, and the timely funding of operational expenses and debt service obligations.

Manages banking relationships and coordinates activities with banks, trustees, and custodians, including the opening, maintenance, and closure of bank accounts.

Manages the Airports Authority's investment portfolio in accordance with applicable IRS regulations, the Master Trust and supplemental indentures, and the Airports Authority's Investment Policy and guidelines. Serves as an Investment Official and supports investment accounting, recordkeeping, reporting, and compliance.

Monitors fixed-income markets and evaluates investment opportunities to optimize investment returns while maintaining appropriate liquidity and meeting anticipated funding requirements.

Executes investment transactions in accordance with the Airports Authority's Investment Policy and manages investment purchases, sales, holdings, maturities, and the Certificate of Deposit portfolio, including renewals, using portfolio management software (SymPro).

Calculates the monthly Federal Lease set-aside, ensures adequate funding for semiannual payments, and calculates and records required Emergency Repair and Rehabilitation (R&R) entries.

Prepares periodic reports on cash flow, debt, investments, and risk exposures for senior management and compiles treasury-related information for the annual budget and Annual Comprehensive Financial Report (ACFR).

Ensures that Treasury's transactions and accounting entries are correctly recorded to the general ledger. Prepares supporting reconciling files and Treasury monthly reports.

Reviews bond proceeds expenditures and Passenger Facility Charges reports as required by laws and regulations.

Supports relationships with rating agencies, banking and financial institutions, investors, and senior leadership by coordinating treasury information, responding to inquiries, and providing relevant financial data.

Collaborates with internal and external auditors to provide supporting documentation, respond to audit requests, and ensure the accuracy and completeness of treasury-related records and reporting.

Identifies opportunities to improve treasury operations by leveraging the Treasury Management System (TMS), ERP, portfolio management, and other approved technology platforms, including artificial intelligence tools such as Microsoft Copilot, to enhance efficiency, accuracy, and problem-solving.

Serves as the designated backup to the Treasurer, assuming responsibility for Treasury operations and decision-making in the Treasurer's absence.

Performs other duties as assigned.

QUALIFICATIONS

Seven years of experience in treasury operations. A master's degree in finance, accounting, business administration, or a related field may substitute for two years of required experience.

Strong knowledge of treasury operations, cash management, financial instruments, credit facilities, and treasury best practices.

Knowledge of financial analysis, risk management, economic indicators, capital markets, investment portfolio analysis, and cash flow and investment forecasting.

General understanding of Generally Accepted Accounting Principles (GAAP), with the ability to apply applicable Governmental Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) guidance related to Treasury functions.

Knowledge of accounting practices and methods, including the administration of bond and investment accounts and the preparation, supporting schedules for financial statements, and audit documentation.

Familiarity with enterprise resource planning (ERP) systems, treasury management systems, portfolio management software, and other financial systems.

Ability to analyze complex financial data, evaluate investment opportunities and risk exposures, and develop informed recommendations.

Strong verbal and written communication skills, including the ability to explain complex financial and treasury information clearly to technical and nontechnical audiences.

Proficiency in Microsoft Office applications, including advanced Microsoft Excel skills, and the ability to use modern accounting and financial systems effectively.

PREFERRED QUALIFICATIONS

Advanced experience in daily cash management and investments.

Experience in public accounting or CPA.

Advanced degree in business, finance, or management.

Proficiency with Treasury Management System and financial software, especially Workday, Kyriba, and SymPro.

EDUCATION

A Bachelor's Degree in Finance, Accounting, Business Administration, or related field including a minimum of 12 semester hours in accounting or closely related courses.

CERTIFICATIONS AND LICENSES REQUIRED

A state driver's license in good standing.

Certified Treasury Professional (CTP) designation by Association of Financial Professionals (AFP).

NECESSARY SPECIAL FACTORS

Work is typically reviewed in progress and upon completion for quantity, quality, timeliness, teamwork, customer service, and other factors.

WHAT WE OFFER

A career with the Airports Authority comes with more than just a paycheck; it offers a comprehensive benefits package designed to support you and your family's health, financial security, and professional growth. Benefits include medical, dental, and vision coverage; well-being resources; health savings and flexible spending accounts; pension and retirement plans; and ongoing training and development opportunities. Discover more about our benefits packagehere.

A background security investigation will be required for all new hires.

Metropolitan Washington Airports Authority is an Equal Opportunity Employer.| Follow us on Twitter @MWAAcareers.