Manager Treasury

Description:

1. Manage and oversee activities of assigned to Treasury Operations:

• Cash Management – Forecast and monitor WSIB’s cash flow, cash needs and banking and borrowing operations
• Cash Disbursements - Issue domestic and foreign payments to workers/employers and others via several financial settlement means
• Cash Receipts - Deposit employer premium receipts and other receipts ensuring proper segmentation between Schedule 1 and Schedule 2 Employers and other funds such as Employer Pension Plan
• LRI - Administration of worker pension plan and issuance of payments and annuities to workers and surviving beneficiaries

Manage the processing of business transactions to ensure transactions are properly executed in compliance with legislation, regulations, policies and best practices with proper audit trails and recorded in various systems. Ensure controls are in place to protect WSIB assets against fraudulent and irregular activity, which includes reviewing system(s) for internal controls over Treasury Operations transactions to identify any control issues or efficiency improvements and implementing any changes required to ensure their continued effectiveness. Develop an annual Administrative expense budget and approve, monitor, report on spending and explain variances. Assist in the development of cash flow forecasts to support WSIB’s annual Financial Budget and to provide necessary information to our investment partner IMCO to be enable them to create their own Financial Budget and investment strategy.

2. Manage resources by;

• identifying resource requirements
• ensuring section is adequately and competently staffed
• conducting the hiring process
• providing proper training, continuous guidance, leadership, coaching, supervision
• developing employee skills and ensure section work objectives are effectively achieved
• establishing objectives and monitoring performance
• ensuring access to a safe and healthy work environment