The Arlington County Treasurer's Office is seeking an experienced Deputy Treasurer to provide leadership, knowledge, training and supervision for the Accounting and Treasury Management Division, and to ensure the Division carries out its mission to receive, safeguard, and disburse County funds and meets its goals for accurately projecting cash flow requirements consistent with the principles of Safety, Liquidity and Yield (SLY) and in compliance with applicable State Code and Investment Policy r... more details
Position Information
The Arlington County Treasurer's Office is seeking an experienced Deputy Treasurer to provide leadership, knowledge, training and supervision for the Accounting and Treasury Management Division, and to ensure the Division carries out its mission to receive, safeguard, and disburse County funds and meets its goals for accurately projecting cash flow requirements consistent with the principles of Safety, Liquidity and Yield (SLY) and in compliance with applicable State Code and Investment Policy requirements. This includes the development and implementation of policies, procedures and processes which ensure the protection of financial assets, the prudent investment of funds, the accurate accounting and reporting of financial activities, and effective oversight of all related activities. The position serves as the Treasurer’s investment officer and public funds custodian. The ideal candidate must possess a working knowledge of the operations of the major County departments and must develop effective working relationships with all units within and external to the County including, but not limited to:
Banks and brokerage firms,
County Board,
Commissions,
Advisory committees, and
Civic associations,
to effectively communicate and advocate for effective stewardship of County financial assets. The Deputy Treasurer is a sworn position, authorized by Virginia statute to exercise certain duties of the Treasurer, and may be called upon to perform the functions of Acting Treasurer if required.
Principal Responsibilities
Oversight of all Treasury Cash Management responsibilities including cash flow, liquidity management, and investment management.
Workflow management.
Participation in inter-agency committees and work groups.
Personnel development and management.
During your first year, you should expect to gain expertise in the County's cash flow needs and develop investment strategies for the Treasurer. Within the first month, you will learn what is needed to collaborate with other departments and support the public-facing teams in the Treasurer's Office. Treasurer's Office Organization Unit Overview
In the context of this job description, the word "County" encompasses the general government, the School Division and any sub-units established by Arlington County Government. The Accounting and Treasury Management Division is responsible for the safeguarding and management of, and the accounting for, all County revenues and County financial assets (cash and investments). This includes, but is not limited to, cash flow forecasting, oversight of a short-term investment portfolio managed by a portfolio manager required for funding operations and capital activities, maintenance of banking and brokerage relationships, account reconciliation and analysis, and financial reporting.
The Division responds to inquiries from elected and appointed officials, residents and other interested parties. The Division prepares and presents reports to the County's Finance Board. The Division provides accounting and analysis support to the Treasurer and the other divisions within the Office of the Treasurer. The Division participates in the preparation of the County's Annual Comprehensive Financial Report, and in the conduct of the County's independent audit and State audit.
The Division consists of seven professional-level positions in addition to the Deputy Treasurer.
The ideal candidate will possess strong critical thinking skills and strong written and oral communication skills for direct communication with customers, stakeholders, co-workers, and management. The candidate will be a quick learner with an inquisitive nature, skilled at problem solving, and possessing flexibility along with an ability to challenge the status quo.
Selection Criteria
At a minimum, the successful candidate will have a combination of education and experience equivalent to the following:
Bachelor's degree in Public/Business Administration, Accounting or closely related field.
Professional certification: Certified Public Accountant (CPA), Certified Treasury Professional (CTP) or equivalent certification. Must be in good standing.
Significant and progressively responsible experience in treasury management, accounting, and auditing. Scope of experience must include investment/portfolio management, contract issues, banking relationships, application of GAAP and internal control principles.
Desired Qualifications:
Experience in managing and leading a unit in a public finance office or governmental entity that provides investment, accounting and reporting services.
Ability to prepare reports and synthesize analysis for use by auditors, elected or appointed officials, members of the media and citizen advisory groups.
Knowledge of fixed income markets, with an emphasis on analysis and investment in short- and intermediate-term investment vehicles.
Certified Public Accountant.
Special Requirements
Interested candidates should apply online and include a letter of application that describes how their experience and qualifications meet the position requirements. Please use the space provided in the Supplemental Questionnaire section or attach your letter to your online application. Resumes may also be attached. In your letter of application please describe the organization(s) where you have worked including accounting, banking and finance; the range of services and functions you managed; the types of teams you led; and to whom you reported. Be sure to describe:
Your experience in cash flow forecasting and any oversight of investment portfolios for efficient management of cash flows.
Your leadership experience developing and managing personnel.
A specific list of significant accomplishments.
Additional Information
employment. It may include checks of the following: criminal record, driving record, education, professional licensure, and credit history. You may be required to sign a release authorizing the County to obtain your background information. This position is open until filled. Applications will be reviewed on a continuous basis. Interviews will be scheduled with those candidates whose qualifications best fit our needs. The application process will close when the position has been filled or when a sufficient number of qualified applications have been received. All applicants must submit an online application (unless the job announcement states otherwise) for each position for which they wish to apply. The application must be submitted by the posted deadline.
Applicants who have questions or need assistance with the application may telephone (703) 228-3500 or visit the Human Resources Department. Our staff will be happy to work with you to enter your application into the system. Public access computers are available at all County Libraries, and in the Human Resources Department.
The examination process for this position may include: (1) training and experience evaluation; (2) written and oral examination; (3) personal interview; (4) performance test/work sample; and/or (5) physical examination.
Applicants with disabilities may request reasonable accommodation during the application or selection process. Please call the ADA Coordinator at 703-228-3559 (voice) or email pers@arlingtonva.us.
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