Director Of Treasury

County of Orange
Full Time $142,729 - $197,662 Per year CA Orange County Treasurer-Tax Collector, County of Orange | County Service Center, 601 N Ross St, Santa Ana, CA 92701, United States
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Overview

CAREER DESCRIPTION

(Fiscal Deputy Director)


SALARY INFORMATION

This position is scheduled to receive salary range increases on the following dates:  

Effective June 28, 2024: 4.25% increase 

Effective June 27, 2025: 4.00% increase

 

Salary may be negotiable within the range listed above, based on position requirements and successful candidate's qualifications, subject to appropriate authorization.


OPEN TO THE PUBLICThis recruitment will establish an eligible list open to the public that will be used to fill current/future vacancies in the Office of the Treasurer-Tax Collector and/or any other departments within the County of Orange. This recruitment may also be used to fill positions in similar and/or lower classifications throughout the County of Orange. 
DEADLINE TO APPLY

Qualified applicants are encouraged to apply immediately. The recruitment will close on

Wednesday, June 12, 2024 at 11:59 PM PST.
TREASURER-TAX COLLECTOR 
The mission of the Treasurer-Tax Collector (TTC) is to ensure safe and timely receipt, deposit, collection, investment and payment of public funds. Our vision is to implement best business practices which maximize value, minimize costs and provide timely, accurate and courteous service to our internal and external customers. To accomplish our mission and vision, we will invest public funds in a manner that provides maximum security of principal and maintains the public trust; maintain sufficient liquidity to enable participants to meet their operating cash requirements; obtain a stable market rate of return throughout budgetary and economic cycles; provide timely, cost-effective, accurate and courteous customer service; invest resources to develop and maintain knowledgeable and competent staff; act in an ethical and professional manner while maintaining honest, respectful and open communications; and, streamline cashiering and collection processes to increase timely collection of public revenues for the benefit of Orange County citizens. The Treasurer-Tax Collector has an annual operating budget of $17 million with approximately 70 employees. The Treasurer also is an ex-officio trustee on the Orange County Employees Retirement System managing over $21 billion and the banker for the community and school districts in Orange County.

For more information on the Treasurer-Tax Collector .
For more information on the County of Orange 

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THE OPPORTUNITY

Under the direction of the Assistant Treasurer-Tax Collector (ATTC), the incumbent will coordinate, train, supervise, and manage the activities of others to accomplish the goals for the ATTC. The incumbent will be directly responsible for the Treasury Division, and will directly

supervise up to four (4) managers.

This division performs a variety of functions, including the following: banking for the County, investment accounting, cash management, cash forecasting, debt investment disclosures, and investment compliance. In addition, this Division may also handle others:

Treasury accounting, risk management/compliance for investments and banking services, budget, purchasing, HR/payroll, facilities, other administrative areas, and coordination of department audits. The incumbent will also develop and implement policies related to the County and School/Community College Districts' banking and fiscal accounting operations handled by the Treasurer and the School/Community District bond financing; assist the TTC in carrying out other fiduciary duties required as the banker for Schools/Community College Districts; confer and coordinate work with other divisions that are relevant for the Treasury Division to accomplish the Department's mission. In addition to the above, the incumbent may perform the following:


  • Responsible for ensuring all work produced in the Treasury Divisions for internal or external customers is timely, accurate, and complete and that resources are allocated to accomplish the mission and goals of the Division and the TTC, in an effective and efficient manner.
  • May be responsible for developing and maintaining policies, guidelines, and procedures, including those relating to internal controls and business continuity, for all Divisions to minimize risk and ensure compliance with appropriate regulations to ensure efficient, cost-effective and timely operations.
  • Required to ensure all investment accounting reconciliations are completed timely and accurately on a monthly basis for the annual submittal for certification by the TTC to the Auditor-Controller.
  • Responsible for investment financial statement reporting, including all related footnote disclosures and monthly/quarterly and annual reporting of Treasury Assets as required by State law. 
  • May be responsible for all other TTC reports, annual budgets, strategic financial plans, audit coordination, investment accounting/compliance, and administrative functions.
  • Responsible for the cash management banking of the County.
  • Responsible for reviewing, developing, and monitoring the Treasury Division goals, budgets, and actuals.
  • Coordinates and directs subordinates; participates in the selection of staff; evaluates work, prepares performance evaluations, and resolves personnel problems; recommends disciplinary action as necessary; may review employee requests for leave.
  • Responsible for coordinating training for County departments on Treasury-related items, including internal and external banking, credit card processing, PCI compliance, and requests for banking and merchant services; coordinating the annual voluntary pool participant user conference; and coordinating periodic cash handling training.
  • May interact with and provide responsive, high-quality service to various levels of government agencies, financial agencies, rating agencies, consultants, brokers, County officials, and members of the public.
  • May review and propose treasury, investment, and treasury-related legislation to the ATTC and to the TTC.
  • May act as a representative for the ATTC and/or TTC if needed.
  • May fill in for the ATTC in her absence, as directed.

DESIRABLE QUALIFICATIONS & CORE COMPETENCIESThe following experience and certificates are preferred but not required:

  • Ten (10) plus years of experience in treasury and investment accounting management and strong supervisory experience in a high-level management position at a large department of a public agency, commercial bank, investment banking firm, brokerage firm or corporation. Experience should include responsibility for accounts receivables, bank and other account reconciliations, treasury, purchasing, accounting, HR, budget, cash management, financial statements, and oversight for a multi-billion-dollar high quality fixed income working capital investment portfolio.
  • Possess certifications as a Certified Public Accountant (CPA) and a Chartered Financial Analyst (CFA) or a Certified Treasury Professional (CTP)
  • A master’s degree in business administration, finance or accounting.
One (1) year of experience as a Fiscal Assistant Deputy Director or two (2) years of experience as a Fiscal Manager, Senior or its equivalent with the County of Orange will meet the requirements.

Technical Knowledge | Technical Experience
  • Understanding of investment accounting, including accounts receivables, reconciliations, compliance, cash management, and other treasury functions.

  • Experience overseeing budget, purchasing, account receivable, collections, and information system units.

  • Knowledge of investment principles and practices relative to high-quality fixed investment instruments. 

  • Understanding of internal controls, specifically related to investments and cash, as well as investment management concepts, financial risk assessment, and fundamental banking concepts.

  • Understanding of the California Government Code on Investments Guidelines and Policies on Treasury & Tax Collection.

  • Experience supervising and managing treasury functions and overseeing investments of highly liquid operating funds in a large complex organization.

  • Experience working with debt financing, official statements, and other legal documents related to debt issuance.

  • Experience managing a large and complex cash flow system and a multi-billion-dollar fixed income investment liquidity portfolio.

  • Proficiency in Microsoft Suite programs, including Microsoft Word, Excel, Outlook, and PowerPoint.

Financial | Treasury | Investment Experience
  • Experience performing financial analysis and preparing high level management reports.

  • Develop policies and procedures related to investment accounting, debt, internal control, and money management.

  • Experience working with a complex automated investment accounting system and computer applications that relate to trading, credit, financial monitoring, and back office financial applications.

  • Ability to interpret and utilize financial data to analyze division performance.

  • Ability to work with government auditing concepts and establish an annual operating budget for a department.

Leadership | Supervisory Skills
  • Experience supervising and managing high level management staff in a large department, including accurately assessing staffing levels, training needs, maximizing staff strengths, and addressing staff performance with corrective disciplinary actions, as necessary.

  • Ability to guide and direct others to meet organizational strategic objectives, while encouraging openness, creativity, and innovation.

  • Ability to integrate new ideas and contemporary approaches to problem solving.

  • Ability to recommend changes to best practices and assist with implementing innovative solutions.

Relationship Building
  • Ability to establish and maintain productive working relationships with multiple stakeholders.

  • Ability to promote teamwork by creating a culture that supports individual and team empowerment.

  • Openness to sharing resources in support of larger organizational goals.

  • Ability to negotiate, resolve issues, and develop collaboration amongst internal organizational levels. 

  • Ability to initiate contacts, maintain them over time, and utilize effective working relationships to facilitate meeting agency and community needs.

Communication Skills
  • Ability to prepare and give oral presentations, and create management reports, audit responses, and complex written communications in a clear, concise, logical, and persuasive manner.

  • Ability to present to a board or other external oversight committees.; promoting open, candid information across organizational boundaries; clearly communicating strategic direction to staff.

MINIMUM QUALIFICATIONS
Click  to learn more about the minimum qualifications, physical and mental requirements, and environmental conditions for this position.

RECRUITMENT PROCESSHuman Resource Services (HRS) will screen all application materials for minimum qualifications. After the initial screening, qualified applicants will be referred to the next step of the selection process. All applicants will be notified via email of their status in the process. 

1. Application Screening (Refer/Non-Refer)
Applications and supplemental responses will be screened for qualifications that are highly desirable and most needed to successfully perform the duties of this job. Only those candidates who meet the qualifications as listed in the job bulletin will be referred to the next step.

2. Structured Oral Interview (Weighted 100%)
This is an oral test, applicants will be interviewed, and their responses will be rated by a panel of job knowledge experts. The rating will be based on a series of structured questions designed to elicit the applicant's qualifications for the job.

3. Eligible List

Once the assessment has been completed, HRS will establish an eligible list of candidates. Candidates placed on the eligible list may be referred to a selection interview to be considered for present and future vacancies.


Based on the department's needs, the selection procedures listed above may be modified. All candidates will be notified of any changes in the selection procedures.

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