Job Title : Manager, Treasury Operations and Compliance
Location : Phoenix
Company : Salt River Project
Salary :
Open Date : 2024-01-27
Close Date : 2024-05-27
Requisition ID: 16577

Join us in building a better future for Arizona

SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power and named one of Arizona's best employers by Forbes. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.

Why Work at SRP

SRP's success is rooted in our employees' happiness, health, and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits:

• Pension Plan (at no cost to the employee)
• 401(k) plan with employer matching
• Available your first day: Medical, vision, dental, and life insurance
• Over 200+ hours of PTO (includes vacation days, holidays, floating holidays, and sick leave)
• Parental leave (up to 4 weeks) and adoption assistance
• Wellness programs (including access to a recreation and fitness facility)
• Short and long-term disability plans
• Tuition assistance for both undergraduate and graduate programs
• 10 Employee Resource Groups for career development, community service, and networking

Summary

Manage the activities and lead the staff of the Treasury Operations & Compliance team in SRP's Treasury. This team supports all areas of Treasury including debt issuance, financial trusts, and General Fund and other investments. Activities include leading efforts to ensure SRP completes all necessary compliance, accounting, regulatory, legal, or other required documents, filings, entries, and reports related to SRP's issuance of debt, management of investments and funded assets, banking and other activities. Manage and ensure the necessary people have appropriate access to banking, investment, and other related accounts. Manage and ensure the necessary Treasury team members have access to SAP or other systems utilized for the management of SRP financial assets, cash, and debt. Lead efforts related to serving internal customers related to prepaid debit cards and other related activities. Manage commercial banking activities with other internal groups, including Customer Services, Papago Park Center, and other groups.

What You'll Do

• Accomplish department objectives by managing and developing staff, planning and evaluating department activities and objectives.
• Manage the team's annual budget analysis and provide input for related activities
• Lead the preparation of regular required compliance filings including AZ Open Books, SEC Continuing Disclosure, Annual Funded Status Report, and others as needed
• Lead efforts related to monthly, quarterly, and annual accounting, including cash clearings, monthly journal entries, reconciliations, and necessary year-end and benefit audit work
• Provide support with required actuarial valuations, analyses, and other plan-related disclosures or reporting
• Manage bank account access for SRP; manage commercial bank relationships and accounts
• Lead and build relationships with internal and external business units and vendors
• Lead the preparation of the required cash statements
• Lead the preparation of the Treasury Compliance Dashboard
• Lead and assist in efforts related to required debt management, including debt service payments, Build America Bonds (BABs) subsidy receipts, arbitrage rebate
• Lead efforts related to prepaid debit cards and service thereof
• Ensures compliance with local, state, and federal tax law and other regulations and rules.
• Conduct presentations to Management and/or the Board and Council as needed
• Lead and develop a dynamic team, fostering a positive and collaborative work environment. Foster a culture of continuous learning and professional growth within the team.
• Provide clear direction and guidance to team members, ensuring alignment with organization goals and objective.
• Other duties and tasks as needed.

What It Takes To Succeed

• Strong communication, collaboration, and organizational skills.
• Working knowledge of financial and capital markets, including issuing taxable and tax-exempt debt; the banking industry; investments; qualified plans; accounting, securities' compliance, and Treasury systems.
• Accuracy, attention to detail and ability to maintain composure while dealing with tight time constraints
• Proficient in MS Office Suite including Excel and PowerPoint
• Demonstrated ability to work collaboratively in a team environment
• Ability to build and maintain relationships with internal and external partners
• Demonstrated ability to organize a diverse workload, work independently, and complete work accurately and within deadlines
• Certified Treasury Professional (CTP), Chartered Financial Analyst (CFA), or Certified Public Accountant (CPA) helpful but not required.

Experience

• Minimum of 7 years of related experience working in a Treasury Operations, or similar, environment, including but not limited to, bank account management, accounting, compliance, regulatory filings, budget management, actuarial reporting, and budgeting. Experience in a large public company, ideally within Treasury Operations is preferred.

Education

Completion of a Bachelor's Degree from an accredited institution that prepares the employee for the assignment.

Hybrid Workplace

SRP currently offers a hybrid workplace, which allows employees whose jobs can be performed remotely, and who have sufficient technical capability, to telework up to three days per week. Although teleworking is available, all employees must live and work in Arizona. We are taking steps to protect the health and well-being of all team members, and by following a number of health and safety protocols, to reduce the risk of the coronavirus (COVID-19).

Drug/Alcohol Policy Statement

To promote the safety and well-being of our employees, customers, and the communities we serve, SRP is committed to maintaining a drug/alcohol free work environment. Although marijuana may now be legal in Arizona, except as otherwise specified under Arizona law, SRP considers it to be an illegal drug for the purpose of our drug/alcohol policy because marijuana remains illegal at the federal level. Any candidate found to be impaired during the hiring process or who has the presence of an illegal drug or unauthorized substance in their system during the pre-employment drug/alcohol test may be disqualified from further consideration in the hiring process.

Equal Opportunity Employer Statement

Salt River Project (SRP) recognizes diversity and inclusion as key drivers of innovation and growth, and seeks to attract a diverse employee base that reflects our community. We are committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, military status or any other protected status under applicable federal, state or local law. Ultimately, SRP aspires to fully apply the power of diversity and inclusion to build a more equitable and sustainable future for our customers, employees and community.

Work Authorization

All candidates must be legally authorized to work in the United States.
Currently, SRP does not sponsor H1B visas.

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