Posting Close Date

Aug 16, 2024

Location of Position

Administration - Ops Complex-BLDA

Pay Range

Hiring Range: $86,390-$95,029 Annually - Treasury Analyst
Pay Range: $70,238-$102,542 Annually
Hiring Range: $87,070.50-$106,419.50 Annually -Sr. Analyst
Pay Range: $76,765-$116,724/Annually

Additional Locations

Onsite or Hybrid

Hybrid-This position offers a hybrid schedule working a minimum of two days in the office in the Denver Metro Area

Salary/Hourly

Salaried

Position Requirements

Minimum Qualifications-Analyst

Education and Experience

• Bachelor’s degree in accounting, finance or related field.
• Minimum 2 years of related work experience. Any equivalent combination of certifications, education, or work experience that provides the required skills, knowledge and abilities for the position.
• Any equivalent combination of certifications, education, or experience that provides the required skills, knowledge and abilities for the position.

Licenses, Registration, and Certifications

• None.

Minimum Requirements- Sr. Analyst

Education and Experience

• Bachelor’s Degree from an accredited college or university in Finance, Accounting, Business Administration, Economics or a related field.
• Minimum 5 years of related work experience.
• Any equivalent combination of certifications, education, or experience that provides the required skills, knowledge and abilities for the position.

Licenses, Registration, and Certifications

• Must complete required HIPAA training within the first 6 months of hire.
• Preferred certifications:
• CTP, Certified Treasury Professional
• CPA, Certified Public Accountant
• CFA, Chartered Financial Analyst
• AIF, Accredited Investment Fiduciary
• CIPM, Certificate in Investment Performance Measurement

Job Description

Position Summary

Under the general supervision, performs complex analytical and other related activities involving capital project financing, debt management, investment activities, treasury accounting, retirement plans and cash management. Assists in the development, implementation and review of appropriate policies, procedures, and internal controls. Reviews work procedures for overall effectiveness and consistency; recommends procedural changes as necessary and coordinates implementation of changes as approved.

Supervisory Responsibilities

This position does not have formal supervisory responsibilities over other employees.

Essential Duties and Responsibilities:- Analyst

• Monitor, evaluate and communicate short-term and long-term liquidity needs.
• Prepare research reports related to a variety of topics, including investment instruments, financing options, regulatory changes and their applicability to the organization to support strategic decision making.
• Participate in timely preparation and analysis of information including standard reports, schedules, financial plans, budgets, compliance reporting and analytical reviews.
• Monitor compliance with regulatory requirements, relevant policies and prudent financial management practices in respective functional areas. Review work procedures for overall effectiveness and consistency with recommended and/or best practices. Develop and recommend procedural changes and coordinate implementation of changes as approved.
• Assist with management of service provider contracts in relevant functional areas including participation in Request for Proposal preparation and evaluation of responses, contract preparation and execution, invoice processing and monitoring of compliance with contract insurance requirements.
• Assist in preparation of reports and exhibits related to various functional areas within Treasury. Provide related footnotes and related schedules needed for Denver Water’s annual audit.
• Provide operational backup in various functional areas of Treasury, as needed, and perform related work as required.

Essential Duties and Responsibilities:- Sr. Analyst

• Uses quantitative methods and tools to perform complex analytical activities involving project financing, investment activities, retirement plans, and cash management practices, and effectively communicates information to stakeholders at various levels.
• Provides research reports related to a variety of topics, including investment instruments, financing options, regulatory changes and their applicability to the organization to support strategic decision making.
• Ensures timely preparation and analysis of information including standard reports, schedules, financial plans, budgets, compliance reporting and analytical reviews.
• Recommends, improves and implements changes in process and system to streamline operations.
• Represents section/division in divisional/organizational projects as a project lead or a participant.
• Uses independent judgement to develop needs assessment and/or alternative solution recommendations at an organizational or division level.
• Monitors compliance with regulatory requirements, relevant policies and prudent financial management practices in respective functional areas.
• Reviews work procedures for overall effectiveness and consistency with recommended and/or best practices. Develops and recommends procedural changes and coordinates implementation of changes as approved.
• Assists with management of service provider contracts in relevant functional areas including participation in Request for Proposal preparation and evaluation of responses, contract preparation and execution, invoice processing and monitoring of compliance with contract insurance requirements.
• Participates in cross-functional teams on division/organization-wide initiatives. Assists in preparation of reports/exhibits related to various functional areas within Treasury. Provides related footnotes and related schedules needed for Denver Water’s annual audit.
• Monitors and interprets cash, equity, and debt market trends as they relate to the investment of water works funds, retirement plan management and debt management.
• Provides operational backup in various functional areas of Treasury, as needed, and performs related work as required.

Investment Portfolio Management:

• Monitors and evaluates short-term and long-term liquidity needs.
• Performs capital market analysis and reviews investment policy guidelines to ensure compliance in making investment decisions.
• Makes recommendation and implements investment strategies for internal investment portfolio.
• Executes trades; coordinates trade settlement and ensures completeness of executed trade documentation.
• Performs annual broker/dealer review.
• Establishes and maintains relationships with service providers, including custody banks, trading platform provider and broker-dealers.

Retirement Program Management

• Monitors and manages retirement plan cash flows, including capital call management for alternative asset classes and coordinates plan asset rebalancing, as needed.
• Compiles and maintains records related to retirement program, including account documentation, periodic manager statements, performance reports, studies and analytical reports.
• Performs periodic investment performance reconciliation, prepares summary performance reports for retirement program.
• Participates in investment manager searches; collaborates with Office of General Counsel and external legal counsel, as needed, in completing subscription documentation, establishes and maintains relationships with investment managers and other retirement plan vendors, participates in and maintains notes from the manager meetings.
• Ensures timely documentation of all actions taken on behalf of retirement program during the year and provides periodic summary reports to internal staff and trustees.
• Assists with retirement plan presentations and trustee meeting materials, data preparation and providing data for retirement program-related projects.
• Completes annual comprehensive financial report and popular report for the defined benefit retirement plan and the 401 (k)/457 plans.

Debt Management

• Assists with debt issuance process, including development and maintenance of bond issuance calendar, participation in completion and review of the official statement, development of rating agency presentation, and completion of expense reimbursement documentation of bond proceeds.

Treasury Accounting

• Maintains chart of accounts for retirement plans and cash and investments.
• Gathers and analyzes monthly investment statements from fund managers and custodian, and journals activities for pension, 401(K) and 457 accounts.
• Gathers and analyzes monthly bank and investment bank statements and records journal entries in general ledger.
• Provides support activities related to year-end external audits, including preparation and/or review of financial and statistical schedules, journal entries, PBC (Prepared by Client) audit checklist and financial statements.

About Denver Water

Denver Water is committed to creating a diverse work environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.

Applications will be accepted until a sufficient number is received. Denver Water reserves the right to either close or extend a posting.

Denver Water proudly serves high-quality water and promotes its efficient use to 1.5 million people in the city of Denver and many surrounding suburbs. Denver Water aspires to be the best water utility in the nation. The organization is a responsible steward of the resources, assets, and natural environment entrusted to us to provide a high-quality water supply, a resilient and reliable system, and excellent customer service.

Denver Water offers excellent benefits that include a pension plan, 401K Plan with a 3% match, 457 Deferred Compensation Plan, Health and Dental coverage, Life Insurance, and Paid Time Off. A background check will be conducted to verify the information submitted on the application. Please be sure that all information on the application is correct and complete, do not say ""see resume"". If the application is not fully completed, we (Denver Water), will not accept your application.

We are committed to the health and well-being of our employees. Smoking, including e-cigarettes, is prohibited on all Denver Water property.

An offer of employment may be contingent upon satisfactory results of a post-offer drug test and alcohol. Denver Water tests for the following: amphetamines, cocaine, marijuana (THC), opiates, and phencyclidine (PCP). A strength test may also be conducted due to the physical requirements of the position. If the position is deemed safety-sensitive or requires a CDL you will be placed on the random drug and alcohol testing list which means you may be tested if your name is selected while employed at Denver Water.

Denver Water is an Equal Opportunity Employer. We are dedicated to building a culturally diverse workforce. We encourage applications from women, People of Color, veterans, and people with disabilities.

Brianna Vega

1600 W. 12th Ave.

Denver, CO. 80204-3412

Brianna.vega@denverwater.org

EOE/MF