Prepares short-term cash flow forecasts for the purpose of requisitioning funds from the County and investing unexpended or surplus funds;

Contacts officials of various financial institutions to secure best return for the  investment of school funds;

Determines appropriate duration of such investments and transfers funds to proper bank accounts as investments mature;

Develops quarterly investment strategies, on a fiscal year basis, and provides written reports to management;

Maintains bank services agreement and signature card files, bank safekeeping agreements and Master Repurchase Agreements required for the investment and custody funds, and update when appropriate;

Receives and deposits Board of Education funds in proper accounts, review cash receipt vouchers prepared by other departments for accuracy and prepares accounting worksheet for investment and wire disbursements;

Submits daily copies of cash receipt vouchers, with necessary tapes, for recording such transactions into the system;

Ensures the collateralization of all deposits according to Maryland Law;

Maintains Cash Book for all disbursements and receipts for all bank accounts except bank accounts for individual schools;

Monitors check balances on a daily basis to ensure fund accounts are maintained at a minimum relative to checks outstanding;

Disburses funds and maintains control over the signing and distribution of payroll and vendor checks;

Confirms electronic batches;

Oversees administration of the payroll direct deposit program and the payroll debit card program;

Prepares monthly financial reports on Cash Balances and Investments for the Board of Education;

Prepares monthly Cash Requirement reports for the Board of Education and the County;

Invoices and collects funds due the Board of Education by agencies, schools, etc.;

Maintains file documentation for the proper receipt disbursement and reporting of unclaimed checks of Escheat Funds to the State of Maryland;

Formalizes and revises procedures when necessary for any and all functions within the Office of the Assistant Treasurer;

Conducts the annual Lease Purchase Equipment Finance bid and vendor selection;

Prepares quarterly debt ratio calculations and makes time reimbursements from escrow;

Maintains bank relationships and renews bank contracts, when applicable;

Serves as the System Administrator for on-line bank services, including daily banking, funds transfer and ACH fraud-control;

Oversees the Single Use Account  (“SUA”) Payment Program and the MySchoolBucks On-Line Payment Program;

Serves as a Trustee for OPEB Investments; and

Performs related work as required.