ASSISTANT CHIEF OF TREASURY

About the role

The Department of Budget and Fiscal Services (BFS) seeks to fill an Assistant Chief of Treasury position in Honolulu. The Treasury Division is responsible for the City’s cash management, bond issuance structuring and management, or securing other types of financing and certain accounts receivable programs.

Responsibilities

• Aid in overseeing and managing the City’s treasury functional responsibilities, including cash, debt, and investments, with custody of public funds and securities exceeding $2 billion.
• Develop and implement policies for administration, accounting, and financing operations.
• Aid in directing cash flow management, including receiving, disbursing, and transferring funds.
• Develop and implement investment policies and strategies for City funds, ensuring alignment with financial goals.
• Coverage of bond issuances, including general obligation, revenue, and other bond types.
• Ensure compliance with Federal, State, City, Securities and Exchange Commission, and Internal Revenue Service regulatory requirements related to municipal bond financing and support executive presentations and legislation for bond sales.
• Administer the City’s accounts receivable and collections programs for real property taxes, special assessments, and other miscellaneous charges and fees; provide administration and collection of the O'ahu transient accommodations taxes.
• Represent the department in meetings with governmental officials and other personnel.
• Lead recruitment, training, and retention efforts to establish a top-tier Treasury operation.

Requirements

• Graduation from an accredited college or university with a bachelor’s degree in accounting, finance, business administration or a related field.
• Four years of administrative financial management experience for a large business, financial institution, or governmental agency which shall have included cash and investment/portfolio management, accounts receivable program management, and/or bond issuance/structuring or securing other types of financing.

Qualifications

• Knowledge of the principles and practices of commercial and governmental accounting, organization, and administration.
• Knowledge of state and municipal finance laws and regulations governing the handling of monies and securities.
• Ability to plan, direct and coordinate activities of subordinates involved in a variety of functional areas.

Skills

• Knowledge of the principles and practices of commercial and governmental accounting, organization, and administration.
• Knowledge of state and municipal finance laws and regulations governing the handling of monies and securities.
• Ability to plan, direct and coordinate activities of subordinates involved in a variety of functional areas.

Benefits

Enjoy excellent employment benefits including generous time off (up to 21 vacation days, 21 sick leave days, and holidays), comprehensive health coverage, retirement plan, career development, and much more! View details about all our available benefits by clicking on the “Benefits” tab at the top of this posting or visiting https://www.honolulu.gov/dhr/benefits/.