The Broward County Board of County Commissioners is seeking qualified candidates for the position of Investment Finance Coordinator with the Finance and Administrative Services Department.
This position performs professional level work in the financial management of County funds. Employees in this class are charged with the investment and cash management of County funds ensuring statutory, legal, safety, liquidity and yield objectives are attained. Work is performed within the framework of established policies and procedures. Under general supervision, work is reviewed for conformity with established policies and procedures and attainment of desired objectives through conferences and review of reports.
Prepares detailed cash forecasts and manages and audits bank balances on a daily basis.
Monitors, evaluates and audits the cash management and revenue programs on a daily basis.
Develops objectives for the cash management program and policies; evaluates needs of the cash management function and prepares cash, revenue and investment reports for management use.
Evaluates market rates and the correlation of economic impacts on investment rates.
Assists external auditors to perform annual audit and ensure compliance.
Compiles, reviews, and submits annual continuing disclosure information for Broward County bonds.
Maintains and updates the content of Broward County investor relations website for market transparency.
Preferred candidates will have the following knowledge, skills, and abilities:
Considerable knowledge of investment securities and strategies, banking systems and services and financial analysis.
Considerable knowledge of cash/investment policy and analysis.
Knowledge of budgetary and audit policies and requirements.
Knowledge of personal computers and their applications common to financial management operations and analysis.
Ability to read and understand financial statements and apply ratios for financial analysis.
Ability to apply managerial skills including planning, organizing, coordinating projects and maximizing resources to satisfy financial management criteria.
Ability to apply business math skills to incorporate quantitative methods for business and economic analysis and in the monitoring of fiduciary accountabilities.
Ability to apply financial trends, techniques, methods and procedures to facilitate problem solving, evaluate risks, discern alternatives and implement investment strategies consistent with statutory requirements and County goals and objectives.
Skills to utilize complex applications and programs to accomplish analysis that results in maximization of investments and minimization of idle assets.
DUTIES AND RESPONSIBILITIES:
The functions listed below are those that represent the majority of the time spent working in this class. Management may assign additional functions related to the type of work of the job as necessary.
Invests County funds based upon investment policy guidelines of maintaining safety, liquidity, and yield, including maintaining the database of securities held, frequent reporting, and analysis.
Ensures daily liquidity, performs cash flow analysis and manages working capital through monitoring of account balances and imbalances across equity accounts.
Manages master banking relationship, including the review of fees and utilized services; executes high dollar federal wire/ACH (Automated Clearing House) payments; advises on such subjects as banking regulations, implementation of new services and best practices.
Performs financial analysis and research as needed; assists in the debt issuance process and compliance for all issuing agencies; gathers and organizes all data regarding each investment for weekly, monthly, and quarterly reports.
Applies financial trends, techniques, methods, and procedures to facilitate problem solving, evaluate risks, discern alternatives, and implement investment strategies consistent with statutory requirements and County goals and objectives.
Performs related work as assigned.
Physical demands refer to the requirements for physical exertion and coordination of limb and body movement.
Performs sedentary work that involves walking or standing some of the time and involves exerting up to 10 pounds of force on a regular and recurring basis or sustained keyboard operations.
Unavoidable Hazards (Work Environment)
Unavoidable hazards refer to the job conditions that may lead to injury or health hazards even though precautions have been taken.
Americans with Disabilities Act Compliance:
Broward County is an Equal Opportunity Employer. The ADA requires Broward County to provide reasonable accommodations to qualified persons with disabilities. Prospective and current employees are encouraged to discuss ADA accommodations with management.
Emergency Management Responsibilities:
During emergency conditions, all County employees are automatically considered emergency service workers. County employees are subject to being called to work in the event of a disaster, such as a hurricane, or other emergency situation and are expected to perform emergency service duties, as assigned.
County-wide Employee Responsibilities:
All Broward County employees must serve the public and fellow employees with honesty and integrity in full accord with the letter and spirit of Broward County's Employee Code of Ethics, gift, and conflict of interest policies.
All Broward County employees must establish and maintain effective working relationships with the general public, co-workers, elected and appointed officials and members of diverse cultural and linguistic backgrounds, regardless of race, color, religion, sex, national origin, age, disability, marital status, political affiliation, familial status, sexual orientation, pregnancy, or gender identity and expression.
BROWARD COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER AND PROVIDER OF SERVICES
Open until a sufficient number of applications has been received.
About Broward County Board of County Commissioners
Broward County is an innovative organization nationally recognized for excellence in a wide range of public services. We value our diverse workforce and actively promote career advancement and professional development. Explore your possibilities!