Job Description

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Job Details

Treasurer - (994723.3)

This details all the information about the job posting.

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Organizational Unit

University of Victoria -> VP Finance and Operations -> Budget & Capital Planning

Posting Close Date

10 July 2023

Please note that positions will close at 4 p.m. on the closing date.

FTE

1.0

Salary Grade

$112,586.00 - $161,843.00

Additional Posting Information

N/A

Salary posted will be pro-rated based on FTE

Classification

ME 13

Employee Group:

Management Excluded - Continuing

# of Hires Needed

1

Category

Financial Accounting

About this Opportunity

We are seeking a Treasurer to join our Financial Planning & Operations team at the University of Victoria. Our team is committed to working with our colleagues to provide expertise on investment and financial issues to all members of the university community in support of the university\'s vision.

Effective July 1, 2023

The salary range for this position is:

Recruitment range: $120,186 - $150,232 maximum starting salary is determined through knowledge, experience, and internal equity.

Performance range: starting salary to max of $172,768 is available through annual performance increases.

An employee in this classification is excluded from the bargaining unit as defined in the Labour Relations Code.

*This position is eligible for a hybrid working arrangement*

Candidate Calls to Action:

As a part of your online application through UVic Careers (hyperlink), please include your resume a one page cover letter that outlines: * your education and experience that aligns with this role

• a brief description of your most meaningful workplace accomplishment and how you knew this accomplishment was a success

We will start reviewing applications for this position on July 10, 2023.

For more information regarding this opportunity please see the attached full position profile below. To connect with us directly, please direct any questions to Rhonda Ljunggren at .

What we offer: * Professional Development: Stay current in your field with opportunities for professional development such as attending conferences, workshops, or courses and more.

• Flexibility: Find work-life balance with flexible work arrangements such as remote work options or flexible schedules.
• Generous Vacation Leave: Starting with 22 vacation days + and additional 5 days of special leave, and time off during campus winter closure.
• Career Advancement: At UVic, we combine outstanding scholarship with inspired teaching and community engagement. We\'re committed to developing and retaining people who help us build a better future. Join a team of 35+ professionals within a diverse university campus offering a variety career advancement opportunities.
• Job Environment: UVic\'s Financial Planning and Operations area offers the opportunity to work with units in a highly collaborative and learning-mindset work environment. The position will also provide specialist advise and work with various related entities to develop and enhance investment strategies.
• And

Recruitment Process - See the attached candidate journey map.

Job Summary:

The University of Victoria is seeking an experienced treasury professional to ensure the optimal use of university financial assets including cash, debt, investments and other financial instruments. The position makes recommendations and supports the implementation of working capital and endowment investments ($700-800 million), the long-term disability trust investments ($20 million), the staff pension plan ($300-350 million) and debt ($100-150 million including sinking funds). This position also develops financial models to assesses business cases, oversees the university\'s risk management and insurance program, and provides analytical oversight to the university\'s collective bargaining processes.

Key objectives:

• Provide effective and timely investment recommendations to committees and boards with subject matter expertise with respect to asset allocation and meeting financial investment goals.
• Develop and implement internal and external debt plans to balance risk and rewards of meeting operational objectives.

• Work with unit leaders on a project-by-project basis to assist with the development and evaluation of business cases.

• Working with investment consultants and custodians to coordinate the implementation of an investment monitoring and risk management program for all university and related entity investments.
• Manage relationship with investment managers and consultants by proactively communicating current investment strategy, investment performance, investment reporting and fee negotiations.
• Oversee the management, administration and monitoring of the university\'s risk management and insurance program and assessing potential budget impacts of an annual insurance budget.

Job Requirements:

What you bring

University degree in Commerce, Business or Economics or a related field with an emphasis on investment and treasury management, and 10 years of related work or an equivalent combination of education, experience and training.

• Comprehensive knowledge of public and private capital markets, investment and treasury management trends and risk management.

• Demonstrated experience drafting reports, monitoring investment performance and creativity to develop financial solutions to meet goals.
• Excellent communication skills, and ability to work with people at varying levels within an organization and with varying financial skills.
• Ability to lead a team, build relationships and work collaboratively with colleagues and external partners.

• Demonstrated ability to independently organize workload in a customer-focused environment that includes high volume, frequent interruptions, multiple tasks, and shifting priorities and deadlines.
• Demonstrated commitment to valuing the principles of truth, reconciliation and respect, equity diversity and inclusion, and contributing to an inclusive and respectful working and learning environment.

Job Summary

Mandate/core purpose of role:

The mandate of the Treasurer role is to ensure optimal use of university financial assets including cash, debt, investments, and other financial instruments. The working capital investments are $200-300 million, and the debt is over ~$150 million. This role also includes being the Treasurer of the Foundation and to recommend policy and procedures for the Foundation Board with respect to asset management and spending to ensure that the Foundation remains aware of and implements best practices when optimal in overseeing $500 million in assets. This position also provides investment advice and support for the Staff Pension Plan (SPP) $330 million, the Long-Term Disability $20 million (LTD) Trust and the supplemental benefit arrangement ~$10 million (SBA). This position also develops and assesses business plans, manages the University\'s risk management and insurance program, and provides financial modeling and analytical oversight to the University\'s collective bargaining processes.

Objective:

• Oversee the university\'s hedging program and manage the working capital financial investment pool.
• Develop and implement internal and external debt plans to balance risk and rewards of funding.
• Establish policies, procedures, and systems for various entities associated with the university.
• Develop and implement a risk management program for investments, including proactive stress tests.
• Implement an investment monitoring system.
• Manage the university\'s enterprise risk management and insurance programs.
• Provide analytical support for collective bargaining processes.

Job Requirements

• 10 years of directly related experience, including 4-6 years of supervisory or management experience
• Undergraduate degree in commerce, business, economics, or a related field
• Successful completion of the Certified Financial Analyst program (CFA) or a professional accounting designation (e.g., CPA) with appropriate experience.
• Comprehensive knowledge and experience with financial management in large and complex environments or the equivalent combination of education and experience
• Successfully applying problem-solving skills and creativity to develop financial solutions to meet goals
• Ability to build relationships and work collaboratively with colleagues and external partners
• Demonstrated dedication, diligence, and commitment to learning and development
• Strong understanding of and ability to stay current on economic conditions, market trends, evolving financial instruments and trends
• Ability to work with people at varying levels within an organization and with varying financial skills
• Commitment to valuing and contributing to an inclusive and respectful working and learning environment
• A Canadian Risk Management (CRM) Designation would be considered an asset.

Territory acknowledgement

We acknowledge and respect the l\xc9\x99k\xcc\x93\xca\xb7\xc9\x99\xc5\x8b\xc9\x99n peoples on whose traditional territory the university stands and the Songhees, Esquimalt and W\xcc\xb1S\xc3\x81NE\xc4\x86 peoples whose historical relationships with the land continue to this day.

Equity and Diversity Statement

UVic is committed to upholding the values of equity, diversity, and inclusion in our living, learning and work environments. In pursuit of our values, we seek members who will work respectfully and constructively with differences and across levels of power. We actively encourage applications from members of

Read our full equity statement here:

Accessibility Statement

If you anticipate needing accommodations for any part of the application and hiring process contact:

University of Victoria