Program Manager (Treasury & Revenue Services)

Summary

AC Transit is seeking a qualified Program Manager (Treasury & Revenue Services) in the Treasury Department. Under the general direction of the Director of Revenue Management, the successful candidate in this role plans, organizes, manages, and supervises the District’s treasury-related functions and revenue services operations and programs, including cash management, investments, banking relationships, fare revenue oversight, tax revenue and other subsidy receipts, and related financial compliance functions and programs. Incumbents in this role provide professional and technical analysis and recommendations regarding cash flow, liquidity, investments, revenue controls, and financial risk management. This is an unrepresented, at-will classification. This is an excellent opportunity to work for the largest bus agency in California, make a difference in our local community, and promote AC Transit as a great employer of the East Bay. In addition to working with some of the best in the business, AC Transit also has an excellent benefits package that includes pension, medical, dental and vision coverage, flexible spending, and 457 savings plan.

Representative Functions

• Selects, trains, mentors, and evaluates staff; provides constructive feedback; and administers personnel actions as needed.
• Collaborates with executive leadership to establish treasury and revenue services goals and objectives; implements policies, procedures, work standards, and internal controls to ensure compliance with applicable federal, state, and local regulations and Board-adopted policies.
• Maintains daily cash management balances and provides cash flow analyses to support the District’s investment and liquidity decisions.
• Coordinates and monitors implementation of the District’s investment program and activities in accordance with Board-adopted investment policies and applicable Government Code requirements; monitors compliance of investment portfolio performance with Board-adopted policy and prepares reports for review and approval.
• Safeguards District assets and strengthens revenue security by developing and implementing quality assurance, performance management, and internal control measures.
• Administers debt obligations, including bonds and other financing instruments, and supports compliance reporting under the direction of the Controller.
• Ensures effective controls over revenue collection systems; analyzes trends, variances, and anomalies; and implements corrective measures to mitigate financial risk.
• Manages contracted banking, armored transport, investment advisory, and trustee services; participates in procurement and selection processes; reviews and recommends contract terms; and ensures compliance with contractual requirements.
• Provides technical analysis and operational expertise related to revenue operations and cash management processes.
• Responds to sensitive financial inquiries, audit findings, or compliance issues; ensures accurate and timely communication of treasury and revenue information.
• Represents the District at meetings with financial institutions, regional partners, governmental agencies, and professional organizations regarding treasury, revenue, and public finance matters.

Minimum Qualifications

• Education: Equivalent to a bachelor’s degree from an accredited four-year college or university in finance, accounting, business administration, public administration, or a related field. A master’s degree in finance, business administration, or public administration is desirable.
• Experience: Seven (7) years of increasingly responsible and verifiable experience in treasury management, public finance, investments, debt administration, revenue operations, or closely related financial functions, including at least three (3) years at a level equivalent to a program administrator, or comparable classification; and three (3) years of supervisory experience.

Additional Information

• Physical Requirements: Must maintain the physical condition necessary to: (1) perform tasks in an office setting operating a personal computer, keyboards, and other peripheral equipment; and may work in the field, which requires incumbents to (2) possess physical mobility to attend external meetings and events.
• THIS POSITION IS UNREPRESENTED AT WILL - The Selection Process: The Human Resources department must receive a completed online application by the filling date. If this recruitment is "Continuous," it may be closed at any time without notice. Applications will be screened for job related qualifications, and those candidates who best meeting the qualifications listed on this Job Announcement will be invited to participate in an examination process that may include written, oral and/or performance segments. Current District employees must have satisfactory attendance and performance records. Finalists will be placed on an Eligibility List. When filling vacancies, the Human Resources Department will refer the top candidates to the hiring department for final screening and recommendation.

Benefits

• Medical - Choice of two Health Maintenance Organizations (HMOs): Kaiser Permanente and Health Net. $10.00 office visit co-pays; $5.00 - $35.00 prescription co-pays.
• Dental – MetLife Preferred Provider Organization (PPO) $50 annual deductible per person/$150 per family; $3,000 per person annual maximum; preventative care covered at 100%; basic and major care covered at 90%; $4,000 lifetime maximum orthodontia covered at 50%.
• Vision - Vision Service Plan - $10.00 copay; eligible for an exam, lenses, frames or contact lenses every 12 months – based on the last date of service. $200 frame allowance or $120 allowance for contact lenses.
• Employer paid Basic Life Insurance
• Employee paid Voluntary Term Life Insurance
• Employee Assistance Program (EAP)
• Pension: All AC Transit employees participate in a lifetime defined benefit pension. All employees hired on or after January 1, 2016, may be in the District's Tier II pension plan covered by the Public Employees' Pension Reform Act of 2013 (PEPRA). As such, he/she may be required to contribute a small portion of annual income towards the cost of his/her District pension.

ADA Compliant and Drug Free Workplace

The Human Resources Department will make reasonable efforts in the recruitment/examination process to accommodate applicants with disabilities. If you have a need for an accommodation, please call Human Resources at (510) 891-4783.

PEPRA

All employees hired on or after January 1, 2020, will be in the District's Tier II pension plan covered by the Public Employees' Pension Reform Act of 2013 (PEPRA). As such, he/she may be required to contribute 7% or more of annual income towards the cost of his/her District pension.

Employer

AC Transit
1600 Franklin Street
4th Floor
Oakland, California, 94612-2806

Website

http://www.actransit.org