Assistant Treasurer

Assistant Treasurer of Savings Programs

Assistant Treasurer of Savings Programs West Virginia State Treasurer’s Office

Salary: $90,000 - $105,000; salary commensurate with training and experience. Full-time employees of the West Virginia State Treasurer’s Office (WVSTO) are eligible for Public Employee Insurance Agency benefits plus other benefits available to state employees.

Location: Charleston, WV Job Type: Full-Time Permanent; Not in the Classified Service Division: WVSTO Savings Programs Reports To: Deputy State Treasurer

Nature of Work: Under administrative direction, this position will be responsible for providing leadership and management for the development, execution, and evaluation of financial resource planning, risk management, and fiscal operations of the West Virginia Jumpstart Savings Program, the West Virginia SMART529 College Savings Plan, West Virginia ABLE Savings Plan, and the West Virginia Retirement Plus Program. This position develops deadlines, projects, and work to be done along with the Deputy State Treasurer. This position plans and carries out the assignment, resolves most of the conflicts, coordinates work with others and interprets policy on own initiative. This position keeps the Deputy State Treasurer informed of progress, potentially controversial matters, or far-reaching implications.

Job Duties: • Responsible for the development and execution of financial resource planning, risk management, and fiscal operations for all programs in the Savings Division. • Develops tools and systems to provide critical financial and operational information to subordinate Directors and makes actionable recommendations on both strategy and operations. • Manages all aspects of external investment managers, including developing plans and objectives for each manager, monitoring performance for compliance to established parameters, discussing and resolving investment issues, monitoring contractual agreements, and evaluating due diligence reviews. • Oversees annual budgets for each Program and monitors actual results against approved budgets; assists the Directors to prepare the annual Appropriation Request and Expenditure Schedules, monthly and annual financial statements, investment performance reports, and Comprehensive Financial Reports. • Provides support and assistance to the Directors in the development and presentation of policies to each of the programs’ respective boards and committees. • Monitors activities of the programs to ensure compliance with relevant policies, procedures, and State Code. • Stays abreast of changes, current practices, and developments in investment accounting. •Represents the State Treasurer and the Office in testimony and presentation to various executive boards, legislative committees, and various local and national investment associations.

Minimum Qualifications: A bachelor’s degree from a four-year college or university in Accounting or Finance required, Master’s Degree preferred; eight or more years of advanced level experience; or equivalent combination of education and experience.

Significant experience in or knowledge of accounting, including sophisticated mutual fund and investment accounting, compliance, and reporting. Certified Public Accountant (“CPA”) or Chartered Financial Analyst (“CFA”) strongly desired.

Required Knowledge, Skills, and Abilities: •Considerable demonstrated knowledge of federal and state laws, regulations, and trends in public finance and government. •Ability to evaluate financial trends and apply financial techniques, methods, and procedures to facilitate problem solving, evaluate risks, discern alternatives, and implement investment strategies consistent with statutory requirements and State Treasurer’s Office goals and objectives. •Extensive knowledge of generally accepted management principles and practices of budget administration and knowledge of legislative processes related to public finance. •Considerable experience demonstrating the ability to develop and implement organizational processes for effectively managing finances and maximizing the use of available funds. •Project management experience to oversee multiple, simultaneous projects and programs, establish priorities, develop a course of action, implement/execute, analyze, and evaluate results. •Ability to express complex and technical elements of accounting and financial management to public officials, professionals, board members, staff, and the general public. •Ability to maintain effective working relationships with State Treasurer’s Office management, public officials, actuaries, and staff. •Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the public.

HOW TO APPLY: Email resume to resumes@wvsto.gov by October 14, 2024.

The State Treasurer’s Office provides equal opportunities to all employees and applicants for employment without regard to race, sex, color, religion, national origin, age, disability, veteran status, or any other factors made unlawful under applicable federal and state laws. Equal employment opportunity applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfer, leave of absence, compensation and training. Applicants have rights under the following Federal Employment Laws: Family Medical Leave Act and Equal Employment Opportunity.

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions.

This job opportunity is not in the classified service and is not covered under the Administrative Rule of the WV Division of Personnel. Therefore, interested persons must apply directly to the hiring agency as indicated above.