Treasury Supervisor

  • 204224

SUMMARY: Under general supervision, implements Commission’s ordinances and guidelines regarding City receivables, develops and monitors policies related to investment, cash management, and receivables/collections; and manages related accounting and operational procedures. Reviews and analyzes monthly investment and accounts receivables activity and reports results to City Administration, Finance Director and Division/Department Heads; may perform other duties as assigned.

ESSENTIAL FUNCTIONS: (Essential functions, as defined under the Americans with Disabilities Act, may include the following tasks, knowledge skills, and other characteristics. This list is ILLUSTRATIVE ONLY and is not a comprehensive listing of all functions and tasks performed by incumbents of this class.)

DUTIES AND RESPONSIBILITIES: (which are not in any hierarchical order)
  1. Responsible for the daily management and supervision of the City’s centralized receivable and collection efforts.
  2. Implements City investment objectives by obtaining and/or reviewing bids for fund reinvestment, ensuring timely collection of investment income, monitoring related fees and commissions, and analyzing portfolio for compliance with the City Investment Policy and performance goals.
  3. Analyzes and monitors revenue generated through all City activities (investments, receivables, etc.) and provides comprehensive cash flow analysis and reports to Treasury Manager or Department Director.
  4. Reviews and amends contracts, leases, notes, mortgages, resolutions, ordinances, RFP’s and other legal and financial instruments on a daily basis as they relate to treasury activities.
  5. Works with outside parties in the management of City’s investment policies and in the enforcement of broad collection policies and procedures.
  6. Approves all journal entries, monthly reports and reconciliation related to general ledger receivable and investment balances.
  7. Handles sensitive collection issues with internal and external parties to interpret and explain City policy, resolve billing disputes, determines the use of lien placement and foreclosure actions, and the placement of accounts with external collection agents.
  8. Participates in interviewing, staffing, and the performance review of Cash Management personnel.
  9. Researches and recommends new ideas and products to increase operational efficiencies and oversees enhancements to existing systems.
  10. Prepares collection history and trend analysis reports for the Treasury Manager and Finance Director.
  • Knowledge of budgeting techniques and development.
  • Knowledge of local, state, and federal laws, regulations, policies, and practices governing accounting and finance.
  • Knowledge of generally accepted accounting principles including governmental accounting.
  • Knowledge of supervisory principles and practices.
  • Ability to use computer and finance application software.
  • Ability to analyze and resolve complex fiscal, operational, and policy problems.
  • Ability to communicate effectively, both orally and in writing.
  • Ability to meet deadlines and work under time constraints.
  • Ability to establish and maintain effective working relationships with those contacted in the course of work.
PHYSICAL REQUIREMENTS AND WORK ENVIRONMENT: Work involves sedentary to light work in an office setting. There is frequent need to stand, stoop, walk, sit, lift light objects (up to 10 pounds) and perform other similar actions during the course of the workday. The City of West Palm Beach promotes a drug/alcohol-free work environment through the use of mandatory pre-employment drug testing.

MINIMUM QUALIFICATIONS: Bachelor’s degree from an accredited college or university with a major in Accounting, Finance, Public Administration, and Business Administration or related field and three (3) years accounting/financial experience, including two (2) years of related government and two (2) years of supervisory experience, or any equivalent combination of training and experience. A Florida driver’s license is required.

FLSA Code: E
B/U: None
Last revision: October 2001
Overtime: No
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