|
Treasurer
Position Description The Texas Tech University System ("System") Treasurer is a key member of the System's financial leadership team, responsible for leading a forward-thinking treasury function that emphasizes agility, modernization, and strategic alignment. This role ensures the effective stewardship of institutional resources through innovative financial strategies, robust governance frameworks, and collaborative stakeholder engagement. The Treasurer plays a pivotal role in aligning treasury operations with the System's long-term financial goals, ensuring compliance with regulatory requirements, and fostering a culture of performance, innovation, and accountability. About the University Established in 1923, Texas Tech University is a Carnegie R1 (very high research activity) Doctoral/Research-Extensive, Hispanic Serving, and state-assisted institution. Located on a beautiful 1,850-acre campus in Lubbock, a city in West Texas with a growing metropolitan-area population of over 300,000, the university enrolls over 40,000 students with 33,000 undergraduate and 7,000 graduate students. As the primary research institution in the western two-thirds of the state, Texas Tech University is home to 10 colleges, the Schools of Law and Veterinary Medicine, and the Graduate School. The flagship of the Texas Tech University System, Texas Tech is dedicated to student success by preparing learners to be ethical leaders for a diverse and globally competitive workforce. It is committed to enhancing the cultural and economic development of the state, nation, and world.
About Lubbock:Referred to as the "Hub City" because it serves as the educational, cultural, economic, and health care hub of the South Plains region, Lubbock boasts a diverse population and a strong connection to community, history, and land. With a mild climate, highly rated public schools, and a low cost of living, Lubbock is a family-friendly community that is ranked as one of the best places to live in Texas. Lubbock is home to a celebrated and ever-evolving music scene, a vibrant arts community, and is within driving distance of Dallas, Austin, Santa Fe, and other major metropolitan cities. Lubbock's Convention & Visitors Bureau provides a comprehensive overview of the Lubbock community and its resources, programs, events, and histories. About the Department and/or College Established in 1996, the Texas Tech University System is one of the top public university systems in the nation, consisting of five universities - Texas Tech University, Texas Tech University Health Sciences Center, Angelo State University, Texas Tech University Health Sciences Center El Paso and Midwestern State University.
Headquartered in Lubbock, Texas, the TTU System is a more than $3 billion enterprise focused on advancing higher education, health care, research and outreach with approximately 21,000 employees and 63,000 students, more than 400,000 alumni, a statewide economic impact of $16.4 billion and an endowment valued at $1.7 billion. In its short history, the TTU System has grown tremendously and is nationally acclaimed, operating at 24 academic locations in 20 cities (18 in Texas, 2 international).
In addition, the TTU System is one of only nine in the nation to offer programs for undergraduate, medical, law, nursing, pharmacy, dental and veterinary education, among other academic areas.
More about Texas Tech University System Office of Treasury Major/Essential Functions Essential Duties:
1. Treasury Strategy and Operations
- Develop and maintain treasury policies and procedures to ensure compliance, consistency, and alignment with best practices.
- Oversee all treasury strategies, operations, and policies related to cash and debt management.
- Develop and implement forecasting methods for idle cash and future debt issuances, monitoring impact on financial ratios.
- Optimize liquidity and ensure efficient use of financial resources.
- Develop and maintain treasury contingency plans to ensure financial continuity during crises or economic disruptions.
2. Debt Management and Compliance
- Lead all aspects of debt issuance, bond management, and evaluation of financing alternatives to maximize the System's borrowing capacity and ensure the most effective use of financial resources.
- Ensure compliance with bond covenants, continuing disclosure, and tax-exempt bond regulations.
- Monitor tax-exempt bond compliance and facilitate training system employees per the system regulation.
- Coordinate with System Facilities Planning & Construction, Institutional Advancement, and finance/accounting teams at the component level on project funding and debt service requirements.
- Manage key operational debt functions, including the calculation of debt service reserve requirements, execution of debt service payments, preparation of comprehensive debt activity reports, and administration of debt management systems such as DebtBook.
- Serve as final reviewer for official reports, disclosures, and debt service schedules.
3. Leadership and Team Development
- Redefine the vision of the Treasury Office to focus on innovation and performance.
- Inspire a culture of data-driven decision-making and operational excellence.
- Oversee talent development and performance management for treasury staff.
- Oversee the Treasury Office's budget, ensuring responsible stewardship of resources and alignment with strategic goals.
4. Collaboration and Stakeholder Engagement
- Manage relationships with banking partners and financial institutions to optimize services, fees, and credit facilities.
- Partner with the Controller to align treasury and accounting functions.
- Support institutional goals and streamlined reporting to components through integrated financial reporting and operations.
- Represent the TTU System at treasury and public finance conferences.
5. Financial Governance and Risk Management
- Establish and improve treasury governance frameworks and internal controls.
- Monitor financial data governance and its impact on business outcomes.
- Maintain enterprise risk management responsibilities in compliance with TTU System Regulations and in coordination with system leadership.
6. Technology and Process Innovation
- Champion modernization of financial systems and treasury operations.
- Implement innovative technologies to streamline processes and improve transparency.
- Drive continuous improvement initiatives across treasury functions.
7. Merchant Services Oversight
- Strategically manage merchant services to ensure secure, efficient, and compliant payment processing across the university system.
Core Competencies:
- Strategic Thinking: Ability to develop and implement long-term financial strategies.
- Financial and Analytical Acumen: Strong skills in forecasting, analysis, and financial modeling.
- Change Management: Skilled in leading organizational change, fostering buy-in, and guiding teams through transitions in processes and systems.
- Regulatory and Compliance Knowledge: Deep understanding of public sector and higher education financial regulations.
- Communication and Stakeholder Engagement: Ability to communicate complex financial concepts clearly and effectively to both technical and non-technical stakeholders.
- Leadership and Team Development: Proven ability to lead teams, manage performance, and foster professional growth.
Required Qualifications Bachelor's degree in Finance, Accounting, or a related business field. Five years progressively responsible management experience. Additional education beyond Bachelor's may substitute for experience on a year for year basis Preferred Qualifications Preferred Knowledge, Skills, and Abilities:
Safety Information Adherence to robust safety practices and compliance with all applicable health and safety regulations are responsibilities of all TTU employees. Occasional Duties Professional Growth Opportunities: The Texas Tech University System is committed to fostering a culture of continuous learning and professional advancement. The Treasurer will be supported in pursuing relevant certifications, attending industry conferences, and engaging in leadership development programs. This role offers the opportunity to grow within a dynamic and forward-thinking financial leadership team. Staff Supervision: Two Treasury professionals. Does this position work in a research laboratory? No Required Attachments Cover Letter, Resume / CV Pay Statement Compensation is commensurate upon the qualifications of the individual selected and budgetary guidelines of the hiring department, as well as the institutional pay plan. For additional information, please reference the institutional pay plan by visiting www.depts.ttu.edu/hr/payplan. Job Group Skilled Professionals EEO Statement All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information or status as a protected veteran. |
Texas Tech University
Jun 27, 2025