DIRECTOR, BUDGET (TREASURY)

Metro’s mission is to provide a world-class transportation system that enhances the quality of life for all who live, work, and play within LA County.

Description

The Director, Budget (Treasury) position will report to the Treasurer, with responsibility over all treasury operations including investments, debt management, and capital structure. This role requires overseeing and managing Metro staff and consultants, as well as collaborating with other departments throughout the agency. Additionally, the role will be responsible for developing and evaluating financial models to support strategic initiatives and resource assessment. Directs the planning and managing of Metro-wide Operating Budget programs; provides analysis of program development and implementation, evaluates outcomes and incorporates any required changes, and provides expertise to staff and agency management.

Examples of Duties

• Oversees the development of an integrated comprehensive revenue and fund management system
• Manages Metro's multi-billion-dollar annual operating budget process, including budgeting assumptions, training, analysis of budget submittals, and final presentation materials to Board of Directors
• Performs analysis of Metro obligations to outside entities
• Determines financial capacity of Metro resources to support both short- and long-term objectives
• Directs development of complex financial analysis models and provides financial impacts to agency management
• Oversees financial technical modeling for the Business Planning process review with executive officers
• Oversees coordination of annual budget to the Long-Range Plan
• Develops, implements, and oversees compliance with Metro-wide policies, standards and systems for ensuring accountability for budget performance
• Leads agency-wide monthly budget variance report review process
• Provides strategic guidance and decision making at program level
• Resolves inter-unit and agency-wide budget issues
• Creates and implements agency-wide annual funding plans and projections, including revenue demand charts
• Utilizes technology to develop quarterly reporting of budget performance to the Board of Directors
• Prepares and presents complex technical reports to executive management, the Board of Directors, committees, and outside agencies
• Monitors budget impact of local state and federal funding allocations and projections
• Develops cost center goals, policies, procedures, processes, and budget
• Writes and supports development of procedures relating to program responsibilities
• Represents Finance at meetings, task force, conferences, and public events
• Utilizes technology to oversee financial and personnel usage controls
• Provides internal consulting to staff in areas of expertise
• Supervises, trains, mentors, and motivates assigned staff
• Communicates and implements safety rules, policies, processes, and procedures in support of the agency's safety vision and goals; maintains accountability for the safety performance of all assigned employees
• Contributes to ensuring that the Equal Employment Opportunity (EEO) policies and programs of Metro are carried out

  May be required to perform other related job duties

Minimum Qualifications

A combination of education and/or experience that provides the required knowledge, skills, and abilities to perform the essential functions of the position. Additional experience, as outlined below, may be substituted for required education on a year-for-year basis. A typical combination includes:

Education

• Bachelor's Degree in Business, Public Administration, Finance, Economics, Mathematics, or a related field; Master's Degree in a related field preferred

Experience

• Five years of relevant management-level experience performing financial, budget, and analytical functions

Certifications/Licenses/Special Requirements

• A valid California Class C Driver License or the ability to utilize an alternative method of transportation when needed to carry out job-related essential functions

• Treasury Department personnel must qualify to be bonded

• CPA (Certified Public Accountant) license preferred

Preferred Qualifications
Preferred Qualifications (PQs) are used to identify relevant knowledge, skills, and abilities (KSAs) as determined by business necessity. These criteria are considered preferred qualifications and are not intended to serve as minimum requirements for the position. PQs will help support selection decisions throughout the recruitment. In addition, applicants who possess these PQs will not automatically be selected.

• Experience issuing and administering debt for long-term and short-term programs
• Experience preparing and analyzing short- and long-term cash flow projections
• Experience preparing budgets and developing complex treasury models
• Experience reviewing public finance documents and loan agreements related to Treasury duties

Essential Knowledge

Knowledge of (defined as a learned body of information that is required for and applied in the performance of job tasks)

• Theories, principles, and practices of advanced governmental budgeting, finance, accounting, and planning
• Applicable local, state, and federal laws, rules, and regulations governing budgeting and funding for a public transportation agency including Federal Transit Administration (FTA) policies
• Transit finance
• Complex financial modeling and forecasting
• Automated financial systems
• Generally Accepted Accounting Principles (GAAP) and Government Finance Officers Association (GFOA) Annual Budget Reporting Requirements
• Modern management theory
• Applicable business software applications

Skill in (defined as the proficient manual, verbal, or mental utilization of data, people, or things)

• Planning, organizing, and directing the work of a budget department
• Analyzing and communicating financial information and data
• Determining strategies to achieve goals
• Establishing and implementing financial policies and procedures
• Analyzing situations, identifying problems, developing, and recommending solutions, and evaluating outcomes
• Exercising sound judgment and creativity in making decisions
• Communicating effectively orally and in writing
• Preparing comprehensive reports and correspondence
• Interacting professionally with various levels of Metro employees and outside representatives
• Supervising, training, mentoring, and motivating assigned staff
• Leadership

Ability to (defined as a present competence to perform an observable behavior or produce an observable result)

• Gain consensus on financial policy to move agency toward goals and objectives
• Multi-task
• Represent Metro before the public and make presentations to various audiences
• Understand, interpret, and apply laws, rules, regulations, policies, procedures, contracts, budgets, and labor/management agreements
• Plan financial and staff needs
• Make financial decisions within a budget
• Compile, analyze, and interpret complex data
• Read, write, speak, and understand English

Special Conditions

The physical demands described are representative of those that must be met by the employee to successfully perform the essential functions of this job. Metro provides reasonable accommodation to enable individuals with disabilities to perform the essential functions.

Working Conditions

• Typical office situation
• Close exposure to computer monitors and video screen

Physical Effort Required

• Sitting at a desk or table

• Operate a telephone or other telecommunications device and communicate through the medium

• Type and use a keyboard and mouse to perform necessary computer-based functions

• Communicating through speech in the English language required

(SA)

Metro is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, ancestry, national origin, gender, marital status, sexual orientation, religion, age, veteran status, or disability. Learn more about Metro’s Equal Employment Opportunity Program. Metro does not deny participation in the application process to anyone with prior justice system involvement, in line with Fair Chance hiring practices.

Selection Procedure

Applicants who best meet job-related qualifications will be invited to participate in the examination process that may consist of any combination of written, performance, or oral appraisal to further evaluate job-related experience, knowledge, skills and abilities.

Application Procedure

To apply, visit Metro's website at www.metro.net and complete an online Employment Application.

Computers are available to complete online Employment Applications at the following Metro location:

METRO Headquarters, Employment Office
One Gateway Plaza
Los Angeles, CA 90012

Telephone: (213) 922-6217 or persons with hearing or speech impairments can use California Relay Service 711 to contact Metro.

All completed online Employment Applications must be received by 5:00 p.m. on the closing date. Late applications will not be considered.

• Open to the public and all Metro employees

This job bulletin is not to be construed as an exhaustive list of duties, responsibilities, or requirements. Employees may be required to perform other related job duties.

*Please refer to the applicable benefit type (Regular or Temporary)*

• Kaiser medical insurance
• Public Pension Plan
• 457/401K Plan
• Flex Spending
• Paid Sick Time
• Fare Media
• Rideshare Subsidies
• Metro One Fitness membership