Treasury Operations
Responsibilities
The Treasury Operations Office actively stewards and manages financial resources of the University. Key areas of responsibility include: working capital and the Internal Bank, the Century Bond program, external debt, and related accounting.
Working Capital and Internal Bank
- Administers and manages the University’s internal loan program
- Generates cash flow forecast and Internal Bank model
- Manages the short-term investments/working capital
- Oversees the JP Morgan banking relationship
- Requests concerning new or open accounts should use the Bank Account Modification Form [Excel]
- Includes oversight of the online banking relationship
- To request user access and read about banking procedures and controls, see our JPMC ACCESS Guide [PDF]
Century Bond Program
- Administers and manages the deferred maintenance and energy infrastructure internal loans
- Generates Century Bond financial model and runs sensitivity analysis
External Debt
- Assesses debt capacity and conducts affordability analysis
- Coordinates new debt issuances
- Ensures tax exempt bond compliance
- Makes external debt service payments
Accounting
- Handles all other bond/debt accounting (e.g. interest accruals, premium/discount amortization)
- Manages Century Bond accounting
- Records quarterly internal principal and interest payments
- Reconciles accounts