MBTA
Overview
Join to apply for the
Treasury Director
role at
MBTA . At the MBTA, we envision a thriving region enabled by a best-in-class transit system. Our mission is to serve the public by providing safe, reliable, and accessible transportation. MBTA’s Core Values are built around safety, service, equity, sustainability, and culture. Each employee that works for the MBTA performs their roles based on our vision, mission, and values. This includes attendance, participation, and contribution in local safety committee meetings as needed. Duties & Responsibilities
Maintains tracking of Authority’s funding sources, including revenue bonds, commercial paper, bank loans, leases, and federal loans Create and maintain reports of tax-exempt bond proceed spending on qualified capital projects. Conduct invoice review and facilitate payments with Accounts Payable and Cash Bank. Develop the Sustainability Bond report. Coordinate Treasury’s activities with Capital Planning and Oversight and Accounting. Manage daily banking needs of the Authority, which includes reviewing and releasing wires and coding transactions for the general ledger. Issues Requests for Proposals (RFPs) and negotiates contracts for banking services, debt transactions, renewals and amendments between enterprise, financial institutions, merchant providers and other vendors. Interface with commercial and investment banks, trustees, financial advisors, credit card processors, consultants and rating agencies, among others. Prepare and monitor Treasury Department’s annual and quarterly budgets and expenditures. Assist in production and delivery of quarterly debt disclosure. Manage fuel hedge invoice review and reporting Contribute to operational improvements of treasury financial systems, implementation of updates and optimization. Evaluates and recommends initiatives to enhance risk mitigation and fraud protections. Evaluates requests for department and enterprise-wide banking services. Perform all other duties and projects that may be assigned. Minimum Requirements & Qualifications
Bachelor's degree from an accredited institution in Finance, Accounting, or related field. Seven (7) years of experience in treasury services and/or a related financial markets role. Five (5) years of supervisory, managerial, and/or leadership experience. Knowledge of financial markets, investment management, and financing techniques. Knowledge of banking, treasury management products and services. Demonstrated experience coordinating, tracking, and reporting project financials across multiple teams including establishing, maintaining, and tracking project budgets and overall cost control. Demonstrated experience managing multiple project financials, priorities, and tasks across multiple projects and teams. Demonstrated experience in overall project execution process. Working knowledge of Microsoft office and financial management software (SAP, oracle, etc.). Superior communication skills and the ability to communicate confidently at all levels. Effective organizational, analytical, confidentiality, quantitative, multi-tasking, and time-management skills. Have the ability to supervise and work effectively with a diverse workforce. Substitutions Include
A High School Diploma or GED with an additional seven (7) years of directly related experience substitutes for the bachelor’s degree requirement. An associate degree from an accredited institution an additional three (3) years of directly related experience substitutes for the bachelor’s degree requirement. A master’s degree in a related subject substitute for two (2) years of general experience. A nationally recognized certification, or statewide/professional certification in a related field substitutes for one year of experience. Preferred Experience And Skills
A master’s degree from an accredited institution in Business Administration, Finance, Accounting, Public Policy, Public Administration, or related field. Experience in project finance, design/build contracts, technology contracts, and transit fare revenue. Thorough knowledge of financial legislation, regulation, and practices. Experience with project management systems and software. Demonstrated ability to understand, interpret, and apply laws, rules, regulations, policies, procedures, contracts, budgets, and labor/management agreements. Job Conditions
Ability to effectively read, comprehend, communicate, and respond to instructions, orders, signs, notices, inquiries, etc. in English. Be at least eighteen (18) years of age, except if participating in an approved high school internship / co-op program. Ability to commute to assigned work locations in the Boston, MA metro area, as required by the role. Ability to provide internal and external customers with courteous and professional experiences. Ability to work effectively, independently, and as part of a diverse workforce team (or supervise, if required). Ability to uphold the rights and interests of the MBTA while building and maintaining effective relationships with employees and co-workers. Ability to adhere to rules, regulations, collective bargaining agreements (if applicable), and policies of the MBTA, including the EEO, anti-discrimination, anti-harassment, and anti-retaliation policies. Have a satisfactory work record for the two (2) years immediately prior to the closing date of this posting (unless if current student or recent graduate), including overall employment, job performance, discipline, and safety records. Ability to pass a Criminal Offender Record Information (CORI) check, comprehensive background screening, and / or medical clinic screening, potentially including a physical examination and drug and alcohol screenings. Ability to work all shifts and / or locations assigned, directed, or necessary for this position, including up to twenty-four (24) hours per day, seven (7) days per week as necessary to accommodate severe weather conditions, emergencies, or any other circumstances that may potentially impact service or the safety of service. Intern / co-op staff must be enrolled full or part-time in an accredited educational program and maintain a cumulative GPA of at least 2.5 for the entire duration of the internship / co-op. Additionally, interns / co-ops must have valid work authorization and U.S. Social Security Number prior to starting their positions and throughout the duration of their program. Disclaimers and Definitions
General Disclaimer: The statements contained in this job description are intended to describe a summary, general nature, and complexity of typical job functions and do not represent an exhaustive list of all duties, tasks, and responsibilities required of staff assigned to this position. Application Completion: It is each applicant’s responsibility to ensure application details are entered completely and correctly, including updated work and education histories (past and current). Incomplete applications may not be considered. Attachments do not substitute for application fields. Recruitment team does not have access to existing employee data / history. Application Deadlines: Applicants should apply as soon as possible, as the MBTA may stop considering applicants after a sufficiently large applicant pool is established. Work Environment: The physical demands and work environment characteristics described here-in are representative of those an employee may encounter while performing the essential functions of this job. Reasonable accommodations can be made to enable individuals with disabilities to perform essential functions. See job description for role-specific requirements. Work Eligibility: Although the MBTA is an Equal Opportunity Employer, all employees must be legally authorized to work in the United States for any employer and on an unrestricted basis. International students taking part in CPT / STEM / OPT programs through a university are eligible for internships and co-ops with the MBTA, but a valid work authorization and U.S. Social Security Number are required prior to starting work. In compliance with federal law, all persons hired will be required to complete a Form I-9 to verify their identity and eligibility to work in the U.S. Interviews: Candidates should ensure they arrive on time, are prepared, can remain for the duration, and if remote, are in a quiet place without distraction, for the interview. If rescheduling is needed, contact the Recruiter directly by email. Safety Sensitive Positions: Employees working in this classification will be subject to periodic physical examinations plus random drug and alcohol testing. On-call or 24/7 Positions: Employees must be available to respond to page / text / call and report to work as determined by the Authority. Essential / Emergency Staff: During declared "states of emergency," employees are required to report to work for their assigned hours or as directed by management. ADA Accommodations: The MBTA makes reasonable accommodations for applicants with disabilities. If you require an accommodation during this process, please contact the MBTA's ADA Unit at 617-222-5751 or hradaaa@mbta.com. Diversity, Equity, and Inclusion: The MBTA is an Equal Employment Opportunity Employer. For terms related to diversity, equity, inclusion, veteran status, and immediate family members, please visit mbta.com/careers-app-definitions. Intern / Co-Op / Fellow Benefits: Internship, co-op, or fellowship participants are eligible for accrued paid sick leave and a monthly transportation pass based on city of commute, with no additional benefits currently offered.
#J-18808-Ljbffr
Join to apply for the
Treasury Director
role at
MBTA . At the MBTA, we envision a thriving region enabled by a best-in-class transit system. Our mission is to serve the public by providing safe, reliable, and accessible transportation. MBTA’s Core Values are built around safety, service, equity, sustainability, and culture. Each employee that works for the MBTA performs their roles based on our vision, mission, and values. This includes attendance, participation, and contribution in local safety committee meetings as needed. Duties & Responsibilities
Maintains tracking of Authority’s funding sources, including revenue bonds, commercial paper, bank loans, leases, and federal loans Create and maintain reports of tax-exempt bond proceed spending on qualified capital projects. Conduct invoice review and facilitate payments with Accounts Payable and Cash Bank. Develop the Sustainability Bond report. Coordinate Treasury’s activities with Capital Planning and Oversight and Accounting. Manage daily banking needs of the Authority, which includes reviewing and releasing wires and coding transactions for the general ledger. Issues Requests for Proposals (RFPs) and negotiates contracts for banking services, debt transactions, renewals and amendments between enterprise, financial institutions, merchant providers and other vendors. Interface with commercial and investment banks, trustees, financial advisors, credit card processors, consultants and rating agencies, among others. Prepare and monitor Treasury Department’s annual and quarterly budgets and expenditures. Assist in production and delivery of quarterly debt disclosure. Manage fuel hedge invoice review and reporting Contribute to operational improvements of treasury financial systems, implementation of updates and optimization. Evaluates and recommends initiatives to enhance risk mitigation and fraud protections. Evaluates requests for department and enterprise-wide banking services. Perform all other duties and projects that may be assigned. Minimum Requirements & Qualifications
Bachelor's degree from an accredited institution in Finance, Accounting, or related field. Seven (7) years of experience in treasury services and/or a related financial markets role. Five (5) years of supervisory, managerial, and/or leadership experience. Knowledge of financial markets, investment management, and financing techniques. Knowledge of banking, treasury management products and services. Demonstrated experience coordinating, tracking, and reporting project financials across multiple teams including establishing, maintaining, and tracking project budgets and overall cost control. Demonstrated experience managing multiple project financials, priorities, and tasks across multiple projects and teams. Demonstrated experience in overall project execution process. Working knowledge of Microsoft office and financial management software (SAP, oracle, etc.). Superior communication skills and the ability to communicate confidently at all levels. Effective organizational, analytical, confidentiality, quantitative, multi-tasking, and time-management skills. Have the ability to supervise and work effectively with a diverse workforce. Substitutions Include
A High School Diploma or GED with an additional seven (7) years of directly related experience substitutes for the bachelor’s degree requirement. An associate degree from an accredited institution an additional three (3) years of directly related experience substitutes for the bachelor’s degree requirement. A master’s degree in a related subject substitute for two (2) years of general experience. A nationally recognized certification, or statewide/professional certification in a related field substitutes for one year of experience. Preferred Experience And Skills
A master’s degree from an accredited institution in Business Administration, Finance, Accounting, Public Policy, Public Administration, or related field. Experience in project finance, design/build contracts, technology contracts, and transit fare revenue. Thorough knowledge of financial legislation, regulation, and practices. Experience with project management systems and software. Demonstrated ability to understand, interpret, and apply laws, rules, regulations, policies, procedures, contracts, budgets, and labor/management agreements. Job Conditions
Ability to effectively read, comprehend, communicate, and respond to instructions, orders, signs, notices, inquiries, etc. in English. Be at least eighteen (18) years of age, except if participating in an approved high school internship / co-op program. Ability to commute to assigned work locations in the Boston, MA metro area, as required by the role. Ability to provide internal and external customers with courteous and professional experiences. Ability to work effectively, independently, and as part of a diverse workforce team (or supervise, if required). Ability to uphold the rights and interests of the MBTA while building and maintaining effective relationships with employees and co-workers. Ability to adhere to rules, regulations, collective bargaining agreements (if applicable), and policies of the MBTA, including the EEO, anti-discrimination, anti-harassment, and anti-retaliation policies. Have a satisfactory work record for the two (2) years immediately prior to the closing date of this posting (unless if current student or recent graduate), including overall employment, job performance, discipline, and safety records. Ability to pass a Criminal Offender Record Information (CORI) check, comprehensive background screening, and / or medical clinic screening, potentially including a physical examination and drug and alcohol screenings. Ability to work all shifts and / or locations assigned, directed, or necessary for this position, including up to twenty-four (24) hours per day, seven (7) days per week as necessary to accommodate severe weather conditions, emergencies, or any other circumstances that may potentially impact service or the safety of service. Intern / co-op staff must be enrolled full or part-time in an accredited educational program and maintain a cumulative GPA of at least 2.5 for the entire duration of the internship / co-op. Additionally, interns / co-ops must have valid work authorization and U.S. Social Security Number prior to starting their positions and throughout the duration of their program. Disclaimers and Definitions
General Disclaimer: The statements contained in this job description are intended to describe a summary, general nature, and complexity of typical job functions and do not represent an exhaustive list of all duties, tasks, and responsibilities required of staff assigned to this position. Application Completion: It is each applicant’s responsibility to ensure application details are entered completely and correctly, including updated work and education histories (past and current). Incomplete applications may not be considered. Attachments do not substitute for application fields. Recruitment team does not have access to existing employee data / history. Application Deadlines: Applicants should apply as soon as possible, as the MBTA may stop considering applicants after a sufficiently large applicant pool is established. Work Environment: The physical demands and work environment characteristics described here-in are representative of those an employee may encounter while performing the essential functions of this job. Reasonable accommodations can be made to enable individuals with disabilities to perform essential functions. See job description for role-specific requirements. Work Eligibility: Although the MBTA is an Equal Opportunity Employer, all employees must be legally authorized to work in the United States for any employer and on an unrestricted basis. International students taking part in CPT / STEM / OPT programs through a university are eligible for internships and co-ops with the MBTA, but a valid work authorization and U.S. Social Security Number are required prior to starting work. In compliance with federal law, all persons hired will be required to complete a Form I-9 to verify their identity and eligibility to work in the U.S. Interviews: Candidates should ensure they arrive on time, are prepared, can remain for the duration, and if remote, are in a quiet place without distraction, for the interview. If rescheduling is needed, contact the Recruiter directly by email. Safety Sensitive Positions: Employees working in this classification will be subject to periodic physical examinations plus random drug and alcohol testing. On-call or 24/7 Positions: Employees must be available to respond to page / text / call and report to work as determined by the Authority. Essential / Emergency Staff: During declared "states of emergency," employees are required to report to work for their assigned hours or as directed by management. ADA Accommodations: The MBTA makes reasonable accommodations for applicants with disabilities. If you require an accommodation during this process, please contact the MBTA's ADA Unit at 617-222-5751 or hradaaa@mbta.com. Diversity, Equity, and Inclusion: The MBTA is an Equal Employment Opportunity Employer. For terms related to diversity, equity, inclusion, veteran status, and immediate family members, please visit mbta.com/careers-app-definitions. Intern / Co-Op / Fellow Benefits: Internship, co-op, or fellowship participants are eligible for accrued paid sick leave and a monthly transportation pass based on city of commute, with no additional benefits currently offered.
#J-18808-Ljbffr