What are the responsibilities and job description for the Treasury Analyst position at City of Cedar Rapids?
JOB
The City of Cedar Rapids is seeking a skilled and detail-oriented Treasury Analyst to support the city's financial operations. This position plays a key role in managing the city's financial health through effective debt management, Tax Increment Financing administration, and cash management. The ideal candidate will be responsible for monitoring and optimizing the city's liquidity, analyzing financial performance, and ensuring compliance with policies and regulations. This is a great opportunity for someone passionate about public finance who thrives in a collaborative work environment.About our OrganizationAt the City, we are committed to employing individuals who reflect our community’s diverse backgrounds and this position is crucial in the success and strategic direction of a growing and evolving community. We appreciate and leverage the vast experience individuals bring beyond the technical requirements of a job. If you are an individual with similar experience listed here please consider applying. Experience and skills combined with commitment to our core values is key to building a greater community now and for the next generation.About our CommunityNestled in the heart of Iowa, Cedar Rapids is our vibrant and diverse community known for its rich history, culture, and natural beauty. Our city has a strong sense of community which can be seen at any of our numerous parks, recreational opportunities, and family-friendly events year round. You can also explore our thriving downtown district, filled with shops, restaurants, and entertainment options, or take a stroll along the Cedar River, which runs through the heart of the city. Cedar Rapids - Why you should live here! About this OpportunityProvides administrative support, project management and financial recording duties related to debt management, Tax Increment Financing, cash management and revenue analysis, including annual budgeting and monthly analysis. The City of Cedar Rapids does not offer sponsorship for employment authorization.
EXAMPLE OF DUTIES
Job Duties and ResponsibilitiesPrepares and analyzes city-wide annual debt budget, budget amendment for each debt fund, and submits budget journal adjustments.Reconciles the monthly budget versus actuals for each debt fund.Maintains debt payment schedules for municipal bond debt and assists with the municipal bond sale process.Prepares external reporting documents to maintain compliance with continuing disclosure requirements.Prepares and monitors the Tax Increment Financing (TIF) budgets.Prepares on-demand financial data including debt amortization schedules, cash flow models, arbitrage rebate calculations, debt schedules, interest cost schedules, cost/benefit models.Prepares State’s Annual Urban Renewal Report, TIF indebtedness certifications, outside reporting to County, State and other third parties, governmental accounting standards board (GASB) tax abatement disclosures. Prepares ad hoc analysis, coordinates special projects, assists Treasury & Investment Manager as needed.Conducts internal audits regularly to monitor accounting and financial records. Performs monthly financial analysis and produces related management reports.Interacts with Finance leadership and City departments on Tax Increment Financing (TIF), debt and revenue activities.Reviews publications and attends training to keep up to date with current government accounting principles, practices, policies, laws and regulations.Performs related work as required.
SUPPLEMENTAL INFORMATION
Work ScheduleMonday - Friday 7:30am to 4:30pm
The City of Cedar Rapids is seeking a skilled and detail-oriented Treasury Analyst to support the city's financial operations. This position plays a key role in managing the city's financial health through effective debt management, Tax Increment Financing administration, and cash management. The ideal candidate will be responsible for monitoring and optimizing the city's liquidity, analyzing financial performance, and ensuring compliance with policies and regulations. This is a great opportunity for someone passionate about public finance who thrives in a collaborative work environment.About our OrganizationAt the City, we are committed to employing individuals who reflect our community’s diverse backgrounds and this position is crucial in the success and strategic direction of a growing and evolving community. We appreciate and leverage the vast experience individuals bring beyond the technical requirements of a job. If you are an individual with similar experience listed here please consider applying. Experience and skills combined with commitment to our core values is key to building a greater community now and for the next generation.About our CommunityNestled in the heart of Iowa, Cedar Rapids is our vibrant and diverse community known for its rich history, culture, and natural beauty. Our city has a strong sense of community which can be seen at any of our numerous parks, recreational opportunities, and family-friendly events year round. You can also explore our thriving downtown district, filled with shops, restaurants, and entertainment options, or take a stroll along the Cedar River, which runs through the heart of the city. Cedar Rapids - Why you should live here! About this OpportunityProvides administrative support, project management and financial recording duties related to debt management, Tax Increment Financing, cash management and revenue analysis, including annual budgeting and monthly analysis. The City of Cedar Rapids does not offer sponsorship for employment authorization.
EXAMPLE OF DUTIES
Job Duties and ResponsibilitiesPrepares and analyzes city-wide annual debt budget, budget amendment for each debt fund, and submits budget journal adjustments.Reconciles the monthly budget versus actuals for each debt fund.Maintains debt payment schedules for municipal bond debt and assists with the municipal bond sale process.Prepares external reporting documents to maintain compliance with continuing disclosure requirements.Prepares and monitors the Tax Increment Financing (TIF) budgets.Prepares on-demand financial data including debt amortization schedules, cash flow models, arbitrage rebate calculations, debt schedules, interest cost schedules, cost/benefit models.Prepares State’s Annual Urban Renewal Report, TIF indebtedness certifications, outside reporting to County, State and other third parties, governmental accounting standards board (GASB) tax abatement disclosures. Prepares ad hoc analysis, coordinates special projects, assists Treasury & Investment Manager as needed.Conducts internal audits regularly to monitor accounting and financial records. Performs monthly financial analysis and produces related management reports.Interacts with Finance leadership and City departments on Tax Increment Financing (TIF), debt and revenue activities.Reviews publications and attends training to keep up to date with current government accounting principles, practices, policies, laws and regulations.Performs related work as required.
SUPPLEMENTAL INFORMATION
Work ScheduleMonday - Friday 7:30am to 4:30pm
