Assistant Director Of Finance

Dept Number/Name: 0-0230-000 / University Treasury

College Division: Bus and Fin-University Treasury

Salary Plan: Administrative

Job Code/Title: 7700 / Asst Dir Finance

Hiring Salary/Salary Range: $85,000 - $90,000

Position Number: 00050788

Work Flexibility: Working 2 days in the office

ORGANIZATIONAL SUMMARY:

The University Treasury Department manages the $900 million University investment portfolio, pursuant to the BOT Investment Policy. The investment portfolio provides essential liquid funds to support the University's $2 billion of annual payroll, operations and capital projects cash flows.

The Treasurer prudently manages investment portfolio risk and provides for appropriate investment returns, develops new investment programs, provides oversight to the $1.9 billion USF combined investment portfolio, and manages relationships with the members of the USF Investment Committee, investment managers and the University investment consultant. The USF Treasury Department manages the $575 million University debt portfolio and the $50 million derivatives portfolio, pursuant to the BOT Debt Management Policy and USF Derivatives Policy. As Executive Director, the Treasurer manages the $550 million USF Financing Corporation and USF Property Corporation.

The Department is responsible for assessing University debt capacity and credit risks, $50 million of annual debt service payments, and complex compliance requirements with IRS, SEC and legal bank and bond agreements. The Treasury Department structures and finances new debt programs and manages relationships with USF Financing and Property Corporation Boards of Directors, Moody's and Standard & Poor's credit rating agencies, bond counsel, financial advisors, banks and underwriters. The Treasury Department also develops and maintains compliance with USF finance policies, oversees the DSO financial performance and reporting requirements, and oversees the USF Auxiliary Services department.

POSITION SUMMARY:

The Assistant Director of Finance contributes to the planning, development, implementation, and management of all aspects of the investment and debt programs of the University. The Assistant Director

also provides key support for developing and managing new capital projects.

RESPONSIBILITIES:

Contribute to an Effective Control Environment and provide support for the USF Treasury Department's complex compliance programs and the related significant financial and reputational risks for $550 million of University and USF Financing Corporation bond agreements.

This responsibility includes preparing reports and ensuring compliance with requirements of the IRS, SEC, Moody's and Standard & Poor's, bond/loan covenants (e.g. Events of Default), BOT Debt Management Policy, BOG Debt Management Guidelines and Florida Statutes. Develop/recommend and manage compliance-related policies / procedures, including a comprehensive and highly organized records retention program.

Provide key support for financing transactions as a member of the financing team. Assist in the development of financial projects, meeting materials and additional documentation to assess and support financing transactions. Collaborate with University auxiliaries and DSOs to ensure accurate revenue and expense assumptions.

Assist the Treasurer / Executive Director in preparing communications and presentations to Moody's and Standard & Poor's, the USF Financing Corporation Board of Directors, the Board of Trustees and the Board of Governors. Develop key sections of SEC Official Statements.

Assist in the management of new capital projects. Develop controls to monitor progress.

Review agreements, change orders and payments requests and track capital project expenditures. Monitor project fund balances and reconcile against project budgets. Report on performance of operations supporting new capital project financing.

In coordination with the Treasurer, support the University's $900 million investment portfolio with materials for the quarterly USF Investment Committee meetings, monitoring liquidity for USF's $2.0 billion in annual expenditures, preparing analyses for investment decisions, ensuring compliance with BOT Investment Policy, preparing quarterly reports on the $1.9 billion 10 USF investment portfolios.

Assist with providing oversight and management of all other areas of the Department, including:

• Ensuring timely debt and swap payments of $50 million, collection of $80 million in annual revenue from USF auxiliaries, and collaboration with University auxiliaries and DSOs on budgeting, forecasting, maintenance of reserves and financial reporting.

• Contributing to goal setting and budget development for the Department, and the recruitment, management, training, and development of Treasury staff.

• Management of the USF Aircraft program, including budgeting, payments, use, and compliance.

Performs other duties as assigned.

POSITION QUALIFICATIONS:

MINIMUM:

Bachelor's degree and a minimum of six (6) years of related experience.

PREFERRED:

MBA; Experience in higher education finance; Strong analytical and problem solving skills; high attention to detail and accuracy; Excellent verbal and written communication skills; Highly skilled in Microsoft programs including Excel, Word, Outlook and PowerPoint; Strong interpersonal skills, ability to work independently and with a team.

SPECIAL SKILLS/TRAINING:

A dedicated professional with strong organizational skills, strong analytical and problem solving skills, high attention to detail and accuracy, excellent verbal and written communication skills.

USF Tampa

Information for Applicants

This position is subject to a Level 1 criminal background check.

Job Opening Number: 36586

Posting Date: 03/22/2024

Posting End Date: 04/21/2024

How To Apply

Click on the Apply Now button. When applying to an opening you will have the opportunity to upload a cover letter and resume.

Apply online by completing the required information and attaching your cover letter and resume. Please include your experience as it relates to the qualifications stated above.

YOUR COVER LETTER AND RESUME, PLUS ANY OTHER REQUESTED MATERIAL, MUST BE IN ONE ATTACHMENT. Only online applications are accepted for this position.

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To request an accommodation with the application or interview process, please contact Central Human Resources by telephone: 813-974-2970 or email HR-ADA-Request@usf.edu.

Equal Employment Opportunity

USF is an equal opportunity, equal access academic institution that embraces diversity in the workplace.

The University of South Florida does not discriminate on the basis of sex and prohibits sexual harassment. Any person may report sex discrimination, including sexual harassment (whether or not the person reporting is the person alleged to be the victim of conduct that could constitute sex discrimination or sexual harassment), in person, by mail, by telephone, or by electronic mail, using the contact information listed for the Title IX Coordinator. Reports may be made at any time either online or directly to the University's Title IX Coordinator.

USF's Equal Opportunity Affirmative Action Statement.

Federal Rights

Applicants have rights under Federal Employment Laws: Family and Medical Leave Act (FMLA), Equal Employment Opportunity (EEO) and Employee Polygraph Protection Act (EPPA).

Work Location

Campus map and location overview: USF - Tampa Campus

About USF

The University of South Florida is a high-impact global research university dedicated to student success. Over the past 10 years, no other public university in the country has risen faster in U.S.

News and World Report's national university rankings than USF. Serving more than 50,000 students on campuses in Tampa, St. Petersburg and Sarasota-Manatee, USF is designated as a Preeminent State Research University by the Florida Board of Governors, placing it in the most elite category among the state's 12 public universities. USF is a member of the American Athletic Conference.

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