Cash Manager jobs in Harrisburg, PA

Interested candidates must apply to the Cash Manager posting by visiting careers.paturnpike.com by April 4, 2024.

Posting Start Date: March 21, 2024

Posting End Date: April 4, 2024

Position Number: 80001078

Union: Non-Union

FLSA Status: Salaried Exempt

Department: Finance & Administration

Salary Grade: E-16

Salary Range: $78,549.74 - $117,824.62

Employment Type: Full Time

Building Location: Central Office Building

Building Street: 700 S. Eisenhower Boulevard

Building City: Middletown

Building State: Pennsylvania (US-PA)

Building Zip Code: 17057

Work Schedule: Flexible Work Options

The Pennsylvania Turnpike Commission, opened on October 1, 1940, is known as “America’s First Superhighway”! Our mission is to operate a safe, reliable, customer-valued toll road system that supports national mobility and commerce. The PTC operates a 565-mile system with over 205 million transactions annually. Together, we are building the highway of the future.

The Commission values its team members and understands the importance of work/life balance to the health, well-being and productivity of its team. Therefore, this position may be eligible for Flexible Work Options* such as:

• Hybrid Work - combination of remote and in-person reporting
• Alternate Work Schedule - flexibility to adjust work schedule length to complete work week in fewer days

*Some options may require completion of probationary period. The Commission requires all employees to establish PA residency within 6 months of hire and to maintain PA residency, regardless of Flexible Work Options.

Job Purpose and Summary

This position is responsible for the management of cash assets for the Pennsylvania Turnpike Commission (PTC). Participates in the coordination and analysis of financial transactions to ensure compliance with the PTC’s fiscal policies and trust indentures relating to the accumulation, management, and distribution of PTC cash assets. Work is performed with independence and minimal review for conformity to operating procedures, overall performance, and quality of services provided. Supervision is exercised over professional staff engaged in cash management activities.

Essential Functions & Responsibilities

Manages the day-to-day performance of staff including performance management, delegation of work assignments, and review of work product.

Manages and monitors the PTC’s daily cash position. Ensures there are adequate funds through cash and other financial forecasts to meet outstanding and planned commitments.

Manages and reconciles the treasury sub-ledger. Works closely with investment and debt managers to determine and process short-term cash management investments.

Provides back-up and support for the management of the interest rate derivatives portfolio, including the monitoring of payments and collateral positions.

Establishes relationships and confers with banks and financial institutions to resolve day-to-day issues, open accounts, and maintain bank records.

Analyzes data and identifies opportunities to better optimize short-term cash flow.

Develops financial plans and presents solutions to problems for which there is no established approach.

Conducts research into specific financial matters for PTC management.

Facilitates the operations associated with formal Commission Meetings and maintains the secure online reporting environment website for the

Commissioners and senior management. Ensures contracts have proper

Commission approvals and other appropriate signatures.

Maintains working relationships with other IAG transportation/government agencies, prepares check requests to vendors within the E-ZPass Interagency Group (IAG). Prepares and distributes bookkeeping records and account analysis for the IAG staff.

Assists with financial presentations for internal and external groups such as rating agencies, investors, banks, and PTC management.

Identifies new approaches to funding, investment and PTC procedures that will improve financial performance.

Provides back-up functions to the manager as needed.
Attends and represents the PTC in designated committees, meetings, and project teams.

Uses situational awareness to anticipate and prevent accidents.

Performs related duties as assigned.

Qualifications

Ten (10) years of experience in treasury, banking, finance, or accounting.
OR
Six (6) years of experience in treasury, banking, finance, or accounting AND a bachelor’s degree in finance, math, business administration, or economics. Equivalent combination of education and/or experience may be accepted.

Possession of a valid Certified Public Accountant (CPA) license may be used to substitute two (2) years of working experience.

Possession of a valid driver’s license. Must obtain and maintain a valid Pennsylvania driver’s license within six (6) months of employment.

Competencies

Problem Solving/Analysis

Presentation Skills

Customer/Client Focused

Communication Proficiency

Mathematical Understanding

Attention to Detail

Financial Management

Analytical Thinking

Business Acumen

Leadership

Physical Demands and Work Environment

Position demands include frequent speaking, writing and reading reports. Position requires frequent work at a computer utilizing business programs and PTC specific operating systems. Position requires occasional travel and exposure to roadway traffic. Office environment with low levels of noise, adequate lighting and comfortable temperature. Field environment may include exposure to moderately adverse and undesirable conditions. Physical environment is generally safe, but safety equipment or precautions must be followed in field conditions.

Benefits

The selected candidate will be offered an exceptional benefits package which includes comprehensive medical, dental, vision and prescription coverage, along with a benefit plan for retirement. In addition, leave programs, tuition reimbursement, employee assistance program, and alternative work schedules are available to employees.

The Pennsylvania Turnpike Commission is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees. If you need assistance or an accommodation due to a disability, you may contact the Human Resources Department by calling 717-831-7378.

Job Type: Full-time

Pay: $78,549.74 - $117,824.62 per year

Benefits:

• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance

Schedule:

• 8 hour shift

Ability to Relocate:

• Middletown, PA 17057: Relocate before starting work (Required)

Work Location: Hybrid remote in Middletown, PA 17057