Debt Manager

Essential Duties and Responsibilities

• Make debt service payments as required by ordinance and bond documents
• Respond to bondholders within 24 hours of request
• Maintain financial requirements for bank credit facilities and continuing covenant agreements
• Manage payments to remarketing agents, paying agent, financial advisor, trustees, rating agencies, bond counsel, and any other pertinent entities associated with the City’s debt program
• Maintain compliance with federal tax laws and support arbitrage rebate calculations
• Maintain records per records retention schedule and purge quarterly
• Support debt transaction management by assisting Treasurer and other members of financing team with:
• Preparation of material for consideration by City Council
• Selecting financing team
• Preparing preliminary and final official statement
• Preparing rating agency presentations
• Developing and implementing marketing strategy
• Bond pricing and closing
• Managing designated portfolio debt issuances that may include general fund, capital improvement, housing, and enterprise funds on behalf of the City and designated conduit agencies.
• Affirm debt portfolio management strategies
• Manage the portfolio prioritizing issuances in accordance with strategic priorities identified utilizing internal master debt model, DBC database and any other tools used in managing the portfolio
• Manage all aspects of debt ranging from structure review, budget debt service payments, debt service transfers, bondholder relations, Council agenda, and Official Statement preparation
• Review closing memorandum/coordinate with Treasury's cash management, investments, etc.
• Prepare mapping of accounting and ensure establishment of general ledger accounts and set-up of budget
• Review transcripts to identify debt covenants and reporting requirements (continuing disclosure, and other requirements)
• Execute timely drawdowns of bond proceeds to reimburse the general fund
• Manage compliance with requirements of SEC 15c2-12 (required disclosure of certain financial information on an annual basis)
• Participate in the development of strategies to fund projects and other capital-related items
• Interact with internal City departments to gain understanding of project and cash flow needs
• Monitor and analyze economic trends to support forecasts impact on the City’s debt issuances
• Ensure compliance with State of Georgia statutes and City Debt Policies
• Ensure Debt Policies are updated to support Treasurer, CFO, and City Council annually
• Provide extensive standard and custom reporting of accounts and their respective balances
• Prepare responses to Public Requests for Information and Open Records Requests
• Aid in audit reporting for assigned Comprehensive Annual Financial Report footnotes and schedules, testwork/confirmations

Specific Responsibilities

• May also include providing support in the following areas:
• Debt Modeling
• Quarterly Reporting
• State and City Legislative Review
• Attendance at FEC Pre-Briefings, FEC Meetings, and Full Council Meetings, as needed
• External/Internal Audit Findings
• Infrastructure Bond Affordability and Analyses
• Bond Financing Support and Rating Agency interaction
• Special Ad-hoc Projects
• Treasury Management System Implementation and Upgrade
• Knowledge Skills and Abilities

Skills and Abilities

• Excellent writing and communication skills
• Advanced Excel and Data Analysis skills including V Look Up, Pivot Tables, Sum IF statements, Macros
• Presentation skills including MS PowerPoint
• Strong track record of accuracy and attention to detail
• Experience with Oracle
• Demonstrated understanding of financial markets and processes
• Demonstrated capital markets knowledge
• Demonstrated experience performing financial analysis and use of financial models preferred
• Demonstrated experience working in MS Office Suite
• Municipal finance, government, or banking experience

Minimum Qualifications

• Education and Experience - Bachelor’s degree in Finance, Accounting, Economics, or a related field, OR an equivalent combination of education, skills, experience, and training
• Preferred Requirements/Certifications – Master’s degree in finance, Public Policy, Business Administration, or another related field
• Three or more years of professional experience in Finance, Accounting, Banking, or Consulting
• Demonstrated experience with debt management
• Demonstrated capital markets knowledge
• Demonstrated experience performing financial analysis and use of financial models preferred
• Demonstrated experience working in MS Office Suite
• Municipal finance, government, or banking experience