TREASURY OFFICER*

TREASURY OFFICER*

Salary

$132,936.00 - $185,856.00 Annually

Location

City Hall 3900 Main Street, Riverside, CA

Job Type

Full-time

Job Number

26-9580-01

Department

Finance

Division

FINANCE-DEBT AND TREASURY

Opening Date

11/12/2026

Closing Date

12/6/2026 11:59 PM Pacific

• Description
• Benefits
• Questions

The Position

The City of Riverside, Finance Department is accepting applications for the position of Treasury Officer* to fill one (1) vacancy in the Debt & Treasury Division. The eligibility list established may be used to fill the current and/or upcoming vacancies within this classification for up to six (6) months.

Under Senior management direction, plans, organizes, and reviews the City's Treasury operations, including cash management, banking relationships, investments, revenue collection systems, disbursement of City funds, and internal controls. Ensures compliance with applicable laws, regulations and City policies while safeguarding public funds and maintaining adequate liquidity to support City Operations.

• Treasury Officer is a working title intended to more accurately reflect the current vacancy. To view the approved job classification, click HERE.

Work Performed

Typical duties may include, but are not limited to, the following:

• Direct and oversee the collection, custody and disbursement of City funds, including monitoring bank, custodial and liquidity accounts to ensure security of assets and compliance with contractual service level agreements and regulatory requirements.
• Manage and evaluate banking and financial service providers; maintain ongoing coordination with banking partners to ensure regulatory compliance, resolve issues and optimize service delivery.
• Manage and evaluate the vault and armored car service providers.
• Plan, assign and supervise the work of Treasury staff; provide training, performance evaluation and professional development to ensure high-quality service and adherence to best practices.
• Lead the development, implementation and maintenance, and training of Treasury policies and procedures related to cash handling, revenue collection and reconciliation, customer service, fraud prevention, cybersecurity, and handling of sensitive financial information.
• Oversee and continuously improve Treasury business processes, including identifying and implementing automation and system enhancements to increase efficiency, accuracy and internal controls.
• Administer and maintain the City's centralized cashiering and revenue collection systems, including user access controls, merchant account setup, coordination with IT and deployment of system/software enhancements and training.
• Establish and maintain robust short- and long-term cash forecasting and reporting processes in alignment with GFOA and CSMFO guidelines; analyze cash flow trends and recommend strategies to optimize liquidity and investment of surplus funds.
• Collaborate with the City's Investment Advisor, CFO/Treasurer, or other high level Senior Management to monitor market conditions and develop investment strategies consistent with the City's Investment Policy. Assist the CFO/Treasurer or other high level Senior Management with annual review and update of the City's Investment Policy.
• Ensure all Treasury activities, financial records and supporting documentation are accurate properly controlled and audit-ready; oversee compliance with internal and external audit requirements.
• Maintain and strengthen internal controls over cash handling and revenue collection processes citywide, conducting regular trainings for best practices and fraud prevention measures.
• Coordinate with City departments to support new initiatives, provide Treasury-related guidance and implement efficient financial processes.
• Prepare the Treasury Division's budget for all required contracts and external vendors.
• Stay current on industry trends, fraud prevention and risk management practices and regulatory changes, and participate in relevant professional associations (such as California Municipal Treasury Association, Government Finance Officers Association, California Society of Municipal Financial Officers), providing regular updates to CFO/Treasurer, or other high level Senior Management.

Qualifications

Education: Equivalent to a Bachelor's degree from an accredited college or university with major coursework in finance, accounting, business administration, public administration or a closely related field.

Experience: Five years of professional experience performing revenue management duties, including cash management, investment, finance, accounting, banking and cash control.

Selection Process

DOCUMENTS REQUIRED AT THE TIME OF APPLICATION:

1) Completed Employment Application

2) Completed Supplemental Questionnaire

FOR GENERAL INFORMATION ON COMPLETING YOUR ON-LINE APPLICATION, CLICK HERE: (Application Guide).

The selection process will begin with an employment application package screening, with the best qualified candidates being invited to participate further in the assessment process. This process may include any combination of written, performance, and oral assessments to evaluate job-related education, experience, knowledge, skills, and abilities. Those who successfully complete the selection process will be placed on the eligibility list for this classification.

The City of Riverside does not provide sponsorship for employment-based work visas. Candidates must be legally authorized to work permanently in the United States without the need for visa sponsorship now or in the future.

An exception may be made if the selected candidate is eligible to work in the United States as a USMCA professional in the TN nonimmigrant classification.

IMPORTANT INFORMATION ON SCHEDULING ASSESSMENTS:

If you are selected to move forward in the assessment process, you may be required to self-schedule your appointment. You will be notified via email of your status and provided with self-scheduling instructions. Please check your email regularly following the closing date of this recruitment.

Positions that require, or may require, a California Commercial Driver's License are considered Safety Sensitive and are monitored by the U.S. Department of Transportation. Any candidate being considered for a Safety Sensitive position must submit authorization forms to the City immediately upon request to begin the pre-employment process.

It is the responsibility of candidates with a disability requiring accommodation in the assessment process to contact the Human Resources Department in writing to request such accommodation prior to the closing date of this recruitment.

Appointment may be subject to the successful completion of a pre-employment background investigation, drug screen, and/or medical/physical examination.

NOTE: The City reserves the right to modify selection devices and test instruments in accordance with accepted legal, ethical, and professional standards. Candidates may reapply when there is a posting to establish an eligibility list.

EDUCATIONAL REQUIREMENTS:

Proof of education listed in your application will be requested at the time of conditional offer. Acceptable documentation consists of transcripts or degree, if applicable, by the accredited U.S. college or university.

Education obtained outside the United States (US) require one of the following options:

• An equivalency statement from an evaluation company certified by the National Association of Credential Evaluation Services (NACES) at Members - NACES or the Association of International Credential Evaluators Inc. (AICE) at http://aice-eval.org/members/.
• An advanced-level degree from an accredited US college or university.

All applicants will be notified via e-mail or telephone of their application status and the assessment dates/times/locations after the closing date of this announcement.

THE PROVISIONS OF THIS JOB ANNOUNCEMENT DO NOT CONSTITUTE AN EXPRESSED OR IMPLIED CONTRACT.

Benefit Level II includes Senior Management, Management and Professional classifications (Exempt)

The City offers an attractive benefits package, the central provisions of which are as follows:

• Retirement for Classic Members - For employees hired after 1/1/2013 who are CLASSIC MEMBERS of California Public Employees Retirement System (CalPERS) or a reciprocal agency as of 12/31/12 and have not been separated from service from such agency for six months or more, the retirement benefit shall be 2.7 % @ age 55; 3-year final compensation. The required employee contribution is 8%. The City does not participate in Social Security; thus, employees do not bear this additional 6.2% expense.

• Retirement for New Members - For employees hired 1/1/2013 or later and who ARE NOT a member of the California Public Employees Retirement System (CalPERS) or a reciprocal agency as of 12/31/12, or those who have been separated from a public agency which contracts with CalPERS or a reciprocal agency for six months or more, the retirement benefit shall be 2% at age 62; 3 year final compensation. The required employee contribution is 50% of the normal cost. And is subject to change per CalPERS every fiscal year. The City does not participate in Social Security; thus, employees do not bear this additional 6.2% expense.

• Health Insurance - The City offers six health insurance plans and contributes up to $1,734 per month for HMO plans (family coverage).

• Dental Insurance - The City provides three dental insurance plans and contributes up to $85 per month.

• Vision Insurance - The City provides vision coverage through Vision Service Plan (VSP) for employees and their dependents that are enrolled in medical coverage.

• Life Insurance - The City provides and pays for term life insurance with accidental death and dismemberment equal to two times the annual salary rounded to the next highest $1,000 (up to $700k) plus AD&D. Additional Life Insurance is available and voluntary for employee and eligible dependents (up to $300k).

• Deferred Compensation - The City will contribute the following amounts per month, with a minimum employee contribution of $12.50 per check:

• Management and Professional Units: $150/month

• Senior Management Unit: $175/month

• Leave Benefits - Includes vacation leave, sick leave, bereavement leave, and holiday benefits. Please refer to the Fringe Benefits and Salary Plan for specific details.

• Flexible Spending Account - The City offers a Health Care and Dependent Care Flexible Spending Plan for optional participation.

• Long Term Disability - The City offers optional enrollment in the Long-Term Disability Plan.

• LegalEase Plan - Optional legal services plan for employees and eligible dependents.

• Critical Illness Plan - Optional critical illness insurance plan for employees and eligible dependents.

• Vacation Accrual - 0-9 yrs. = 144 hrs., 10+ yrs. = 184 hrs.

• Administrative Leave -

• Management and Professional Units: 64 hrs. per fiscal year.

• Senior Management Unit: 80 hrs. per fiscal year.

For additional benefits information, please visit the following website: https://www.riversideca.gov/human/employee-hub/benefits/about-1

For part-time, benefitted positions the insurance and other benefits (leave accruals, holidays, etc.) are pro-rated based on ½ or ¾ time status.

01

Instructions: The information on the application and your responses to the following supplemental questions will be used to determine whether you meet the minimum and/or highly desirable qualifications for the position in which you are applying. Detailed responses must be provided for each question in order to ensure qualifications are properly considered.

(Do not refer to a resume in lieu of completing the supplemental questions).

Employers listed on this questionnaire must also be listed and fully detailed in the work experience section of your application.

• I understand.

02

Please indicate the highest level of education that you have completed.

• Less than a High School Diploma or GED
• High School diploma or GED
• Some college (up to 59 semester units or 89 quarter units)
• Associates degree (60 semester or 90 quarter units)
• Bachelors degree (120 semester or 180 quarter units)
• Masters degree
• PhD

03

Please indicate how many years of professional experience you have performing revenue-management duties, including cash management, investment, finance, accounting, banking, or cash control?

• Less than 5 years
• 5 years, or more

04

Which statement best describes your experience directly supervising staff or managing a treasury or financial operations team?

• No direct supervisory experience.
• Have led projects or trained staff, but not designated as a supervisor
• Have directly supervised staff, including assigning work and reviewing performance.
• Have managed a team or function, including staffing, performance management, and operational accountability.

05

Which statement best describes your professional responsibility for treasury, cash management, banking, revenue collection, or related financial operations?

• I have limited direct experience in these areas.
• I have supported routine activities, reconciliations, or reporting under direction.
• I have independently managed a major treasury or financial operations function, including reporting and controls.
• I have overseen multiple treasury or financial operations functions, established procedures, and been accountable for service delivery and risk management.

06

Which statement best describes your experience with banking relationships, electronic payments, merchant services, cashiering systems, or financial service vendors?

• I have little or no direct experience.
• I have used or supported banking, payment, or cashiering services and assisted with issue resolution.
• I have independently administered banking/payment services or vendor relationships, including controls and operational improvements.
• I have led provider evaluations, contract or service oversight, system implementations, or significant banking/payment process improvements.

07

Which statement best describes your responsibility for safeguarding funds and managing financial operational risk?

• I have limited direct responsibility for controls or risk management.
• I have followed established controls and helped with reconciliations or audits.
• I have evaluated and improved controls, resolved exceptions, and maintained audit-ready documentation.
• I have led control assessments, fraud-prevention initiatives, policy development, training, or remediation across multiple functions or teams.

08

Which statement best describes your experience with cash forecasting, liquidity planning, or investment coordination?

• I have little or no direct experience.
• I have assisted with cash reports, forecasts, or investment reconciliations.
• I have independently developed cash forecasts or liquidity analyses and communicated findings to management.
• I have overseen forecasting processes, evaluated liquidity or investment tradeoffs, and recommended strategies or process changes to management.

09

Describe a treasury, banking, revenue collection, cash management, or financial operations initiative you managed or led. Identify the scope, your decision-making and supervisory responsibilities, the operational or financial risks involved, the changes you implemented, and the results. (250 words maximum; enter "No applicable experience" if none.) Response:

10

Certification: I understand that I cannot update my application once it has been submitted. Therefore, I have fully completed ALL sections, provided full descriptions of my duties and responsibilities for each employer, and have fully answered ALL questions on the Supplemental Questionnaire. Do not refer to a resume or other documentation, as it will not be reviewed in lieu of completing the Supplemental Questionnaire. Note: Employers and/or experience noted on the Supplemental Questionnaire must also be included and fully detailed on the Application.

• I understand.

Required Question

Employer City of Riverside

Address 3900 Main Street

Riverside, California, 92522

Phone 951-826-5808

Website http://www.riversideca.gov