Assistant Treasurer

AMHERST Assistant Treasurer performs a wide range of complex duties related to treasury management. Responsibilities require in-depth knowledge of accounting principles and a comprehensive understanding of banking procedures, including deposits, reconciliations, and investments.

• Process daily deposits from Central Services, the Collector, and direct treasury receipts (e.g., state aid, grants, reimbursements, parking revenues).
• Maintain the daily cash book and bank registers.
• Plan and execute fund transfers to ensure liquidity for town bill and payroll warrants.
• Reconcile all bank statements with the cash book and coordinate monthly cash reconciliations with the general ledger and Accounting Department, including Stabilization and Trust accounts.
• Prepare and submit quarterly reports to the state for cash balances, payroll taxes, and unemployment insurance.
• Coordinate and reconcile Veterans' Warrants with the Veterans' Office to ensure accurate state reimbursement.
• Manage enrollment, maintenance, and accounting for the Direct Debit program for resident bill payments via electronic funds transfer.
• Implement investment policies as directed by the Treasurer.
• Manage projects related to process improvements, computer systems, and software.
• Handle various treasury-related tasks, including processing bad checks, stop payments, debt and tax title payments, performance deposits, and stale checks.
• Provide key financial data for independent audits and support preparation of financial information for external agencies, including banks and bond counsel.
• Advise the Treasurer/Collector on intra- and inter-departmental matters such as department turnovers/payments and process changes by vendors/banks.
• Present recommendations for process improvements.
• Perform other related duties as assigned.

• Bachelor's Degree in municipal finance, accounting, banking, or a related field plus four (4) to six (6) years of progressively responsible experience in municipal finance, accounting, banking, or a related field; OR equivalent combination of education and experience demonstrating the ability to successfully perform the duties of the position.
• Proficiency in Microsoft Excel and Word.
• Strong understanding of accounting principles and practices.
• Excellent verbal and written communication skills.
• Ability to interact effectively with the public and manage stressful situations.
• Must be bondable, per MGL c.41 s.13(A).