$43.24-$58.96 Hourly / $3,459.08-$4,716.63 BiWeekly /
In the Office of the Treasurer Cash Management Division this class is accountable for direction of staff and the operations of a major sub-division.
Works under the administrative direction of the Assistant Treasurer - Cash Management or other employee of higher grade.
Recommends, implements and evaluates division policies, goals and objectives; designs and develops division programs and activities; implements new procedures and makes procedural revisions; directs management and coordination of unit staff; participates in preparing the division budget.
BANK CONTROL AND RECEIPT UNIT: Directs staff in operation of recording receipts, disbursements, account adjustments of all State of Connecticut Funds; directs the recording of all civil list deposits for State of Connecticut as well as all payroll, lottery and vendor disbursements for State of Connecticut; recommends new legislation; monitors pending legislation and implements new legislation; performs related duties as required.
CASH CONTROL AND FORECASTING UNIT: Directs staff in maintenance of sufficient cash balance in State bank of deposit to cover items presented for collection; monitors daily cash receipts and disbursements from depository banks and directs reserves to a bank of concentration for immediate investment; prepares and monitors detailed cash projections in time frames appropriate to realize maximum investment return on State common cash; performs related duties as required.
CASH REPORTING, ACCOUNTING AND RECONCILIATION UNIT: Directs staff in reconciliation on bank accounts maintained by State Treasurer; develops, recommends, evaluates and implements reconciliation policies and procedures; directs preparation of monthly and annual financial reports; provides assistance to other state agencies on Federal Reserve Regulations; performs related duites as required.
Considerable knowledge of and ability to apply management principles and techniques; considerable knowledge of accounting principles and practices; considerable knowledge of cash management practices and procedures; interpersonal skills; oral and written communication skills; considerable ability to interpret and apply complex statutes and accounting procedures; considerable ability in preparation and analysis of financial statements and statistical reports.
Two (2) years of the General experience must have been in cash management at the professional level in a supervisory capacity.
This replaces the existing specification for the class of Cash Management Director in Salary Group MP 66 approved effective January 3, 1989. (Revised to modify Organizational Level)