Treasury

Key functions of the Treasury include:

• Cash Management: Efficiently managing the organization’s cash flow to ensure adequate liquidity for operational needs, investment opportunities, and emergency situations.
• Investment Management: Strategically investing surplus funds to achieve optimal returns while maintaining a balanced risk profile. To comply with the investment policy, Treasury must:
  • Understanding of the suitability of the investment to the financial requirements of the entity;
  • Preservation and safety of principal;
  • Liquidity;
  • Marketability of the investment if the need arises to liquidate the investment before maturity;
  • Diversification of the investment portfolio; and
  • Yield.
• Debt Management: Overseeing the organization’s borrowing activities, including issuing bonds and securing loans, to finance growth and manage liabilities effectively.
• Financial Risk Management: Identifying, assessing, and mitigating financial risks, such as interest rate fluctuations and currency exchange volatility, to protect the organization’s financial health.
• Banking Relations: Managing relationships with banks and financial institutions to negotiate favorable terms and secure essential financial services.
• Regulatory Compliance: Ensuring adherence to all relevant financial regulations and reporting requirements to maintain transparency and trust.

Treasury’s mission is to be a reliable financial steward, dedicated to safeguarding the organization’s assets, optimizing financial performance, and supporting sustainable growth. Through our expertise and strategic approach, we make a significant impact on the organization’s financial health and future success.

If your departments or service needs a Square to process payments. Please contact us at treasurysp@austincc.edu and we will invite your to a 1-on-1 meeting to set everything.

* If you’re expecting a payment/a refund – from a customer, vendor, supplier Sponsor/ etc.

(1) Please send an email to mymoney@austincc.edu.

(2) Please provide as much information as possible to identify the payment and payor:

• The invoice or unique identifier,
• The $ amount you’re expecting,
• Provide the accounting information: i.e. Fund, Functional Classification, GL Account, Revenue (Spend) Category, Cost Center, Project, Grant or Gift Number if applicable.

(3) The Treasury team may reach out to you, if additional information is required

(4) The Treasury team keeps an eye out for the payment.

(5) Once the payment is received, the Treasury team posts the funds.

(6) If you need to inquire about the payment, you may contact the Treasury team at mymoney@austincc.edu.