Director of Treasury

The Director of Treasury serves as the University's senior treasury officer and provides strategic leadership, oversight, and management of the institution's treasury function. Reporting to the (designated senior financial officer), the Director is responsible for enterprise liquidity management, cash forecasting, banking relationships, debt administration, investment oversight, treasury risk management, payment strategy, treasury technology, and treasury analytics.

The Director develops and implements treasury strategies that support the University's financial sustainability, capital planning, operational effectiveness, and long-term strategic objectives. This position collaborates extensively with Accounting, Financial Reporting, Financial Planning, Administration, Enrollment Management, Financial Aid, Student Business Services, Research Administration, Advancement, Facilities, and executive leadership to support data-driven decision-making and stewardship of University financial resources.

Please note: This position will remain open until filled. To receive first consideration, applicants must submit a complete application by November 1st, 2026, at 11:59 p.m. Central Time. Applications received after this deadline may be considered in subsequent rounds of review until the position is filled. Treasury Operations and Liquidity Management Direct and oversee the University's daily treasury operations and cash management activities.

Manage enterprise cash positioning and liquidity to ensure sufficient resources are available to meet operational and strategic obligations. Develop, maintain, and continuously improve short-term and long-term cash flow forecasts. Monitor and optimize working capital across the institution. Administer operating cash, reserve funds, and designated liquidity pools.

Establish and maintain treasury policies, procedures, and internal controls to ensure effective stewardship of University assets. Recommend strategies to maximize liquidity while protecting institutional resources. Banking and Payment Strategy Serve as the primary relationship manager for all banking and financial institution partnerships.

Evaluate, negotiate, and administer banking services, agreements, and fee structures. Oversee treasury technology platforms, bank connectivity, and cash management systems. Direct payment strategy and operations, including ACH transactions, wire transfers, merchant services, card processing, and electronic payment solutions.

Monitor banking service performance and recommend process improvements. Develop and maintain banking controls and fraud prevention measures to safeguard University assets. Investments and Portfolio Management Administer the University's investment policies and related procedures. Coordinate relationships with investment managers, custodians, consultants, and other service providers.

Monitor investment portfolio performance and ensure compliance with approved investment guidelines. Prepare investment analyses and recommendations for senior leadership and governing boards. Manage short-term investment strategies and institutional liquidity portfolios. Support long-term investment planning and asset allocation discussions.

Debt Management and Capital Markets Manage and monitor the University's debt portfolio, including bonds, notes, direct placements, and Public-Private Partnership (P3) obligations. Ensure compliance with bond covenants, continuing disclosure requirements, and debt-related reporting obligations. Develop debt service forecasts and long-term debt affordability analyses.

Evaluate refinancing and restructuring opportunities to improve financial outcomes. Support future debt issuances and financing transactions. Coordinate activities involving trustees, rating agencies, financial advisors, underwriters, legal counsel, and other external stakeholders. Participate in capital financing and capital structure planning efforts.

Enterprise Financial Planning and Forecasting Support Lead the development of comprehensive institutional cash forecasts incorporating information from Enrollment Management, Financial Aid, Student Business Services, Research Administration, Advancement, Grants Administration, Facilities, and Capital Projects. Support enrollment and tuition revenue forecasting initiatives.

Develop scenario analyses and financial stress-testing models. Prepare financial models supporting capital projects, strategic initiatives, and major business decisions. Assist with strategic financial planning and institutional sustainability initiatives. Provide analytical support for executive leadership decision-making.

Treasury Risk Management Monitor and assess interest rate, liquidity, banking, investment, and counterparty risks. Develop contingency funding and liquidity management plans. Evaluate financial risks related to debt, investments, and treasury operations. Support enterprise risk management initiatives and assessments. Strengthen treasury-related internal controls and compliance processes.

Lead treasury fraud prevention and banking security initiatives. Treasury Analytics and Reporting Develop and maintain treasury dashboards, management reports, and key performance indicators. Prepare daily, weekly, monthly, quarterly, and annual liquidity reports. Measure forecast accuracy and implement continuous improvement initiatives.

Conduct cash flow variance analyses and identify emerging financial trends. Prepare treasury presentations and reports for executive leadership, finance committees, and the Board of Trustees. Provide actionable analysis supporting institutional financial performance and decision-making. Leadership and Collaboration Provide leadership, supervision, mentoring, and professional development for treasury staff.

Foster strong partnerships across academic and administrative units. Coordinate treasury initiatives with Accounting, Financial Planning, Procurement, Financial Aid, Enrollment Management, Advancement, and Research Administration. Represent the University in financial institution and professional association relationships.

Maintain awareness of best practices, emerging treasury technologies, and evolving higher education finance trends. Compliance and Governance Ensure compliance with applicable federal and state regulations, bond covenants, banking requirements, investment policies, and University policies. Maintain documentation supporting treasury activities and financial controls.

Assist internal and external auditors with treasury-related audits and reviews. Recommend updates to treasury policies and governance practices as institutional needs evolve. Ten (10) years of progressively responsible experience in treasury management, banking, investments, debt management, financial planning, corporate finance, or related financial leadership functions.

Demonstrated experience managing complex cash forecasting, liquidity management, banking relationships, and financial analysis activities. Experience with debt administration, investment management, capital financing, or treasury operations in a complex organization. Supervisory and leadership experience.

Preferred Qualifications

Master's degree in Finance, Business Administration, Accounting, Economics, Public Administration, or a related discipline. Additional professional certification such as Certified Treasury Professional (CTP), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or Certified Management Accountant (CMA).

Experience in higher education, governmental, healthcare, or other highly regulated institutional environments. Experience with bond financing, public-private partnerships, and investment oversight. Experience implementing treasury technology and cash management solutions. Knowledge, Skills, & Abilities Knowledge of Treasury management principles and best practices.

Cash forecasting and liquidity management techniques. Banking products, payment systems, and treasury technology. Investment portfolio management and performance measurement. Debt financing structures, bond covenant compliance, and capital markets. Financial modeling, forecasting, and analytical methods. Internal controls, fraud prevention, and risk management.

Higher education finance and institutional budgeting principles. Skill in Strategic financial leadership and decision support. Financial analysis and modeling. Treasury operations management. Investment and debt portfolio analysis. Negotiation and relationship management. Data analysis and business intelligence reporting.

Written and verbal communication. Project management and process improvement. Ability to Translate financial information into actionable recommendations. Build collaborative relationships across diverse stakeholder groups. Exercise sound judgment in complex financial situations. Manage multiple priorities in a dynamic environment.

Lead organizational change and innovation initiatives. Present complex financial information to executive leadership and governing boards. Core Competencies Strategic Treasury Leadership Enterprise Liquidity Management Cash Forecasting and Financial Planning Investment Management Debt and Capital Markets Management Banking and Payment Strategy Treasury Risk Management Treasury Technology and Innovation Financial Modeling and Analytics Executive Communication and Board Reporting Collaboration and Relationship Management Financial Stewardship and Accountability Continuous Improvement and Operational Excellence Strategic Accountability Statement The Director of Treasury is accountable for: Liquidity and cash management Enterprise cash forecasting Investments and portfolio oversight Debt management and capital financing Banking relationships and payment strategy Treasury risk management Treasury technology and process optimization Treasury analytics and executive reporting Treasury policy development and internal controls Strategic financial planning support