A cover letter is required for consideration for this position and should be attached as the first page of your resume.The cover letter should address your specific interest in the position, convey your core values, and outline how your specific skills and past work experiences demonstrate that you meet the required qualifications for this position.
The Treasurer’s Office is in search of a motivated, customer-focused Treasury Analyst to support the Capital Markets team As part of the team, the Treasury Analyst will assist in the strategic management of the university’s debt portfolio, credit lines, credit ratings, and liquidity through assisting with outstanding debt and new debt issuances, the central bank internal loan program, required compliance reporting, management reports, key metric analyses, debt and investment related payments, cash forecasting, debt and liquidity policies, and participating in special projects that further the objectives of the Treasurer’s Office. This position interfaces with multiple stakeholders, both internal and external to the university and functions in a fast-paced, changing environment that provides service to the full university enterprise, including the extension campuses and the Michigan Medicine health system. Applicants should be dependable with a keen attention to detail and work well in a team environment.
As part of the University of Michigan Finance Division Future of Work Initiative, the position may work on-site, remote, or hybrid (both on-site work and remotely) at the Department manager’s discretion based on the business needs of the unit.
Key responsibilities include:
Assisting with the preparation of Official Statements, Offering Memorandums, Regent approvals and other documents/schedules required for the issuance of new debt
Helping to develop rating agency presentations and complete ongoing rating agency reporting
Updating the Central Bank Internal Loan Program model for actuals, including performing variance analysis, and forecasting
Creating new internal loans including associated documentation and estimated debt service schedules for budgeting purposes as requested by units
Assisting with various cash related forecasts including the Treasurer’s Office 24-month and 10-year cash forecasts, as well as inputs into the Enterprise Forecast Model
Updating rating agency metrics and ratios and analyzing comparable metrics of peer institutions
Assisting with the tracking and payment of debt service and other various fees and payments related to debt, credit, and investments
Participating in reviews and revisions of policies and procedures managed by the Capital Markets team as well as the capital projects planning team
Attending and participating in meetings with investment banks
Assisting in special projects related to debt, liquidity, investments, or other areas as needed that further the objectives of the Treasurer’s Office as a whole
Performing other duties as assigned
Bachelor’s degree in business administration, accounting, finance, or related field
Minimum of 3 - 5 years of relevant work experience
Strong analytical skills with the ability to analyze, monitor, and evaluate operating and capital budgets and forecasts
Demonstrated problem solving and critical thinking skills
Ability to synthesize large, complex data sets
Ability to manage multiple projects and priorities in a fast-paced, changing environment
Strong organization, communication, and interpersonal skills
Attention to detail
Proficiency in Microsoft Excel, Word, and PowerPoint
Ability to quickly learn new technologies
Focus on customer service
Self-directed and ability to work both independently and collaboratively
Beneficial experience includes:
Experience with GASB accounting
Experience with forecasting and working with complex models
Advanced proficiency in Microsoft Excel and PowerPoint
Some experience utilizing PeopleSoft general ledger software and Business Objects data warehouse querying software
Some knowledge of University policies and procedures
The University of Michigan, with an operating budget of $11 billion, is a leader in higher education. The Finance Division reports to the Executive Vice President and Chief Financial Officer and partners with the University community to provide the financial infrastructure essential to being one of the world's greatest public universities. We are comprised of several distinct divisions including Treasury, Financial Operations, Procurement Services, and Enterprise Financial Planning & Analysis and share a common set of values and goals. For more information about the Finance Division, please go to www.finance.umich.edu.
We offer an extensive total compensation package including competitive pay, two-for-one retirement contribution, a variety of health insurance options, and a generous vacation plan. In addition, there are seven paid holidays and four paid season days.
The Treasurer’s Office seeks to recruit and retain a diverse workforce as a reflection of our commitment to serve the diverse people of Michigan, sustain the excellence of the University, and offer our students richly varied disciplines, perspectives, and ways of knowing and learning.
The University of Michigan is an equal opportunity/affirmative action employer.
U-M COVID-19 Vaccination Policy
COVID-19 vaccinations, including one booster when eligible, are required for all University of Michigan students, faculty and staff across all campuses, including Michigan Medicine. This includes those working remotely and temporary workers. More information on this new policy is available on the U-M Health Response website or the UM-Dearborn and UM-Flint websites.
A great university is made so by its faculty and staff, and Michigan is recognized as one of the best universities to work for in the country. The Michigan culture is known for engaging faculty and staff in all facets of the university to create a workplace that is vibrant and stimulating.For two consecutive years, the Chronicle of Higher Education has placed U-M in its "Great Colleges to Work For" survey. In particular, the university earns high marks for strong relations between faculty and administrators, a collaborative system of governance, strong pay and benefits, and a healthy work/life balance.