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