Katherine Bain James directs the Cash Management (CM) activities at Miami-Dade Aviation Department (MDAD), a position she has held since joining MDAD on January 29, 2007. Performing treasury management, debt management, and investment management tasks under Ms. James’s leadership, the CM division is responsible for safeguarding MDAD’s financial assets that range from $700 million to $1.4 billion monthly.
CM monitors and reconciles daily cash flows, bank balances, and fund balances. The unit tracks cash collections and deposits, processes and records wire transfers, and under close scrutiny, reconciles the investment of idle cash. Two major functions of CM are projecting cash liquidity needs to ensure that daily disbursements and construction obligations are met and performing varied reporting tasks required by our department, local, state, and federal governing regulations.
Prior to joining MDAD’s management team, Ms. James was a Senior Budget Analyst with the Office of Strategic Business Management (OSBM), accountable for the scrutinizing the operating and capital budgets of several departments and programs, including MDAD. Her two-year tenure with OSBM provided an invaluable education of Miami-Dade County’s intricacies and marked her return to Miami-Dade County employment after working 12 years in the Budget Department of the Miami Dade County Public Schools System. Ms. James was a school Budget Analyst for seven years and then Senior Budget Analyst for district offices five years. She had previously worked for the Miami-Dade County government 12 years, with Miami Dade Transit and in General Services Administration (GSA) before going to the School System.
Ms. James has taught in various capacities from kindergarten to the community college level in Miami-Dade and Broward counties. Her foundational knowledge of banking services was gained through her work experiences in banks beginning with the high school Distributive Education program, part-time throughout college, and full-time following graduation.
Ms. James is a native of South Florida. Born in Miami, she is the twin sister of long time Miami-Dade County Administrator, Kathleen Woods-Richardson. After completing high school in Broward County, she received a Bachelors of Science degree in Business Administration from Florida A & M University and a Masters of Science in Management, Public Administration degree from St Thomas University.
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Deputy Director / CFO
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