Director of Finance

We are looking for a proven leader who possesses an abundance of relevant senior financial management and transit/public sector industry budgeting knowledge and experience. The ideal candidate also brings outstanding communication skills to be utilized in effectively interacting with all organizational stakeholders, including the DTA’s public Board of Directors and senior leadership team.

The Director of Finance plays a critical role in ensuring the continued fiscal health of the DTA, reports directly to the General Manager, and works closely with all senior leadership team members. Minimum qualifications include: bachelor’s degree in finance, accounting, business or a related field and a minimum of five (5) years senior financial management and relevant staff supervision experience or an equivalent combination of education and experience. CPA certification and/or master’s degree in a related field is preferred, but not required. This is not a remote position and work is done in the DTA offices in Duluth, MN.

The DTA offers an exceptional compensation and benefits package, including:

• Competitive Salary
• Health insurance-fully paid monthly premiums for employee and family
• Dental Insurance-fully paid monthly premiums for employee and family
• Vision Insurance-fully paid monthly premiums for employee and family
• Low$500 health insurance deductible per person annually; $2500 max out of pocket spend for individual, $5000 max out of pocket spend for family.
• Life insurance-fully paid monthly premiums for employee
• Paid holidays
• Paid vacation
• Paid sick time
• Money Purchase Pension-company match of 12% of annual salary
• Access to Minnesota Deferred Compensation Plan
• Free bus passes for employee and immediate family
• Training and Career Development Opportunities
• Employee assistance program
• Flexible spending account (FSA)

Essential Duties:

The Director of Finance (DOF) is responsible for the financial administration of federal, state and local funded transit grant programs, including grant application, compliance management and mandated reporting. The DOF administers the preparation of the annual budget, purchasing, capital and operations, planning and revenue monitoring and is responsible for accounting, revenue and statistics, debt, investments, payroll, financial analysis and performance reporting. The DOF is also responsible for the oversight of procurement and inventory and is the designated Disadvantaged Business Enterprise (DBE) Officer. The DOF is a member of the senior leadership team. Responsible for direct supervision of the Finance Assistant, Payroll Specialist and Cashier.

Leadership, management, and oversight:

• Advise/present to the senior leadership team and Board of Directors regarding all financial aspects of agency goals, including: researching, analyzing, and interpreting financial data in making financial/compliance recommendations
• Responsible for all regulatory reporting, including ensuring all requirements are fulfilled/reported to federal, state, and other government entities in an accurate, clear, and comprehensive manner
• Administer Triennial Review
• As the DTA DBE Liaison Officer, monitor and implement the DTA Small and Disadvantaged Business Enterprise (DBE) program, including ensuring compliance
• Responsible for performance; revenue; and federal, state, and local transit grant reporting, including ensuring compliance
• Assist with the development of Capital Improvement Program (CIP) projects
• Participate in strategic planning initiative

Finance and Accounting:

• Develop, implement and maintain financial policies and procedures
• Ensure proper controls over fare collections/fare boxes
• Oversee sales/distribution of fares and third party outlets
• Oversee accounts payable, revenue collection, payroll, and all purchasing activities, including: proposals/bids, insurance coverage, operational/capital purchasing, parts procurement, cycle counting procedures, and capital asset program monitoring
• Develop the annual budget, multi-year budget forecasts, and financial reports
• Responsible for the annual audit process, including: preparing/reviewing audit work papers, reconciliations, and applicable reporting requirements; and acting as liaison to the independent audit firm

Management and supervision of staff:

• Manage Finance and Accounting Staff
• Ensure compliance with policies, rules, regulations and schedules and maintain appropriate written documentation
• Communicate courteously and professionally and maintain respectful working relationships with coworkers and customers in carrying out job functions
• Perform all job duties in compliance with safety guidelines and with an ongoing awareness of safety practices

PHYSICAL DEMANDS AND WORK ENVIRONMENT:

• Position predominately works in an office environment and requires extended periods of sitting
• Position utilizes personal computer, phone, and other office equipment on a regular basis
• Position requires minimal travel outside of the office and utilizes company or personal vehicle for travel
• This position requires you to report to the DTA offices daily. This is not a remote position.

EO/AA Employer and Drug-Free Workplace