Investment Officer I - Columbus, United States - Columbus Consolidated Government

Description

This position is responsible for the management of the government's investment funds.

Oversees the Cash Management Division whose functions includes the investment and cash management of surplus funds in accordance with the City's investment policy.

Supervises and coordinates the activities of Cash Management Division personnel to include the verification, coding, receipting, and daily depositing of all revenues for various funds.

Oversees all daily banking activity to include electronic payment processing, bank relations and account reconciliation and making bank deposits.

Monitors daily market conditions and implements investment strategies; prepares paperwork for investment transactions; posts daily investment activity including purchasing, sells, and payments.

Prepares daily cash flow forecasts; analyzes cash flow and determines availability of investment funds.
Develops, recommends, and implements investment strategies; discusses market conditions and portfolio strategies with various brokers and management.
Prepares monthly investment reports with investment results; reports and analyzes current investment strategies and proposals for future strategy changes.

Reviews procedures and practices regarding the receipt and custody of government monies; analyzes collection of funds to project future receipts and plan investments.

Analyzes the debt service schedule to ensure cash is available when payments are due; coordinates investment activity with cash flow needs in regards to debt service funds.

Prepares quarterly investment activity reports for Government's Retirement Program; obtains quarterly investment information from Pension Money Managers; analyzes data with activity report by Pension Custodian; analyzes cash flow need for pension bank account.

Prepares market-to-market report at year-end in compliance with GASB 34; prepares annual reports.
Performs other related duties as assigned.
Knowledge of the principles and practices of finance operations and administrative management.
Knowledge of the principles and practices of public finance, budgeting, accounting, governmental accounting, auditing, and debt management.
Knowledge of the methods and techniques of statistical analysis and report presentation.
Knowledge of the management principles and practices in regards to finance, purchasing, personnel, and information systems.
Knowledge of special requirements pertaining to accounting and investment of government funds.
Knowledge of government auditing procedures.
Knowledge of relevant federal and state laws, local ordinances, and department policies and procedures.
Skill in developing and implementing policies and procedures.
Skill in utilizing financial computer software programs.
Skill in problem solving and decision making.
Skill in management and supervision.
Skill in gathering and analyzing complex data.
Skill in operating standard office equipment.
Skill in oral and written communication.
Bachelor's Degree in Finance, Accounting Business Administration or related field is required.

Sufficient experience to understand the basic principles relevant to the major duties of the position, usually associated with the completion of an apprenticeship/internship or having had a similar position for one to two years.

The work is typically performed while sitting at a desk or table. The employee must occasionally lift light objects.
Feeling – perceiving attributes of objects by touch with skin, fingertips.
Grasping – applying pressure to object with fingers, palm.
Handling – picking, holding, or working with whole hand.
Hearing 1 – perceiving sounds at normal speaking levels, receive information.
Hearing 2 – receive detailed information, make discrimination in sound.
Kneeling – bending legs at knee to come to rest at knees.
Manual Dexterity – picking, pinching, typing, working with fingers rather than hand.
Mental Acuity – ability to make rational decisions through sound logic, deductive reasoning.
Repetitive Motion – substantial movements of wrists, hands, fingers.
Speaking – expressing ideas with spoken word, convey detailed, important instructions accurately, concisely.
Talking 1- expressing ideas by spoken word
Visual Acuity - prepare, analyze data, transcribing, computer terminal, extensive reading.
Visual Acuity - color, depth perception, field of vision.
Visual Acuity - determine accuracy, neatness, observe facilities/structures.
The work is typically performed in an office, library, or computer room.

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