Financial Planning Manager

Salary : $70.70 - $95.15 Hourly

Location : Moulton Niguel Water District, CA

Job Type : Full-Time

Job Number : 20250004

Department : Financial Planning

Opening Date : 02 / 07 / 2025

Closing Date : Continuous

Summary

OPEN UNTIL FILLED. MAY CLOSE AT ANY TIME.

Under general direction from the Director of Financial Planning & Innovation, manages, organizes and implements a variety of financial planning and analytical activities, including the long-range financial plan, budget process administration, cost of service-based rate development, investment portfolio management, finance policies & procedures, and debt issuances. The Financial Planning Manager is a lead technical role responsible for ensuring accuracy in the District's financial modeling.

Essential Functions

The duties listed below are intended only as illustrations of the various types of work that may be performed. The omission of specific duties does not exclude them from the position.

• Direct the preparation of the District-wide Operations & Maintenance, Water Efficiency Fund and Capital Improvement Program budgets and related documents, which includes input from all departments; present final draft budgets to the management team, Administrative Committee and the Board of Directors; incorporate final changes and prepare final budget for publishing.
• Manage the District's rate-setting process and lead efforts to ensure compliance with requirements of Proposition 218 relative to rate-setting.
• Manage the District's financial planning and cost of service models; oversee the updating of the models for regular rate reviews and run scenarios as requested to support District financial decisions.
• Work collaboratively with the District's Data Team to improve financial forecasting and monitoring of key financial metrics.
• Manage financing as directed; support the sale of general obligation bonds, certificates of participation and revenue bonds as well as short-term financing, such as warrants, assessment bonds, grants, connection fees and taxes.
• Analyze revenues and expenses versus budget on a monthly basis. Forecast revenues and expenses for the fiscal year.
• Prepare financial reports; collect and report financial data; review documents; analyze the District's financial position.
• Attend Board of Directors and Committee meetings providing input and expertise relative to finance projects; prepare and present fiscal data at Board and Committee meetings; prepare related agenda items.
• Perform a variety of research, analysis and reporting on various segments of the District's operations; collect and analyze data including information on current District practices, policies and procedures; identify, investigate and make recommendations for changes as necessary; perform cost benefit analysis on proposed changes.
• Stay current with technology in order to ascertain the most efficient system improvements and assume responsibility for the implementation of new technology; develop computerized program improvements; define required changes and coordinate with the IT Department when appropriate for support during implementation.
• Assist in the development, administration, and enforcement of District policies and procedures as approved by the General Manager and the Board of Directors; ensure compliance with all applicable federal, state and local laws and statutes related to the implementation of programs and projects at the District; assist employees with the interpretation and application of existing and new policies and procedures.
• Manage assigned staff by participating in their selection, guidance, and training; regularly reviewing and evaluating performance; writing annual performance appraisals while providing clear goals, expectations and professional development opportunities for the coming year; recommending merit increases, reclassifications, or disciplinary actions.
• Manage, plan, organize, and integrate the work activities of assigned staff; provide day-to-day leadership and work with staff to ensure a high-performance, collaborative work environment; conduct regular staff meetings; ensure staff observes and complies with all District and mandated safety rules, regulations, and protocols; oversee time management and ensure time sheets are completed accurately and submitted in a timely manner.
• Attend outside agency meetings as designated by the General Manager, Assistant General Manager, and / or Deputy General Manager.
• Represent the District at public and professional organizations, as well as on committees / workgroups of other water agencies.
• Attend and participate in professional group meetings; maintain awareness of new trends and developments related to job responsibilities; incorporate new developments as appropriate.
• Perform other duties as assigned.

Qualifications

Any combination of education and experience that would likely provide the required knowledge, skills and abilities (KSAs) may be qualifying. A typical way to obtain the KSAs is :

Physical Qualifications

Position requires ability to communicate in a professional manner, with District management, coworkers, inter-agency officials, Board of Directors and the public through verbal and written communication in face-to-face, one-on-one and group settings; must possess mobility to work in a standard office setting; operate standard office equipment including a computer, copy machine, telephone; vision to read printed materials and a computer screen, and to operate a motor vehicle and visit various District sites; and hearing and speech to communicate in person and over the telephone. This is primarily a sedentary office classification although standing in work areas and walking between work areas may be required. Finger dexterity is needed to access, enter, and retrieve data using a computer keyboard or calculator and to operate standard office equipment. Positions in this classification occasionally bend, stoop, kneel, reach, push, and pull drawers open and closed to retrieve and file information. Employees must possess the ability to lift, carry, push, and pull materials and objects up to 25 pounds.

MEDICAL BENEFITS :

Health Insurance :

Health insurance is offered to employees and their dependents through Anthem Blue Cross of California. Employees have the option of choosing HMO or PPO coverage.

The employee's share in the monthly cost of coverage effective July 1, 2024 is as follows :

Anthem HMO

Employee Only = $80.52 biweekly

Employee 1 = $169.09 biweekly

Employee & Family = $241.55 biweekly

Anthem PPO

Employee Only = $181.65 biweekly

Employee 1 = $381.45 biweekly

Employee & Family = $544.88 biweekly

Employee-paid premiums are deducted from the employee's pay on a pre-tax basis.

An employee may elect, in writing, not to participate in the District's health, dental and vision insurance plans by providing written proof of other group health plan coverage. Employees electing not to participate in the District's health, dental and vision insurance plans shall be entitled to a monthly payment equal to $600.

Dental Insurance :

The District pays 100% of the premium for the employee and his / her eligible dependent(s) who are enrolled in dental insurance offered through Anthem Blue Cross. The dental insurance maximum benefit is $1,500 per covered individual, per calendar year.

Vision Insurance :

The District pays 100% of the premium for the employee and his / her eligible dependent(s) who are enrolled in vision insurance offered through Vision Service Plan (VSP).

Life Insurance :

The District pays 100% of the premium for life insurance provided by Anthem Blue Cross with a benefit of two times the employee's annual salary up to a maximum of $300,000. There is a benefit of $2,000 for the spouse of a covered employee until the spouse reaches age 70, and a benefit of $1,000 for the child of a covered employee who is between the age of 6 months to 19 years old, or up to age 23 if a full-time student.

Section 125 Plan :

The District offers a Section 125 Plan, which allows an employee to defer payroll taxes on medical insurance premiums and provides a Flexible Spending Account for qualified medical and / or dependent care expenses collected through payroll deductions.

RETIREMENT PROGRAMS :

California Public Employees' Retirement System (CalPERS) :

Tier 2 :

An employee who is hired after July 28, 2009 and is considered to be a "classic" CalPERS member, is enrolled in the CalPERS 2% @ 55 benefit formula with one year final compensation. Employees pay the 7% employee contribution, which is deducted from the employee's pay on a pre-tax basis.

Tier 3 :

An employee who becomes a "new" member of CalPERS for the first time on or after January 1, 2013 (and who was not a member of another California public retirement system prior to that date without a break in service of 6 months or more) is enrolled in the CalPERS 2% @ 62 benefit formula with three year final compensation in accordance with the Public Employees' Pension Reform Act of 2013 (PEPRA). New members pay 50% of the normal cost which is 8% effective July 1, 2023. CalPERS contributions are deducted from the employee's pay on a pre-tax basis.

Federal Insurance Contributions Act (FICA) :

The District and the employee each contribute the 1.45% Medicare mandatory contribution. The District and employee will not contribute towards Social Security.

Deferred Compensation :

Participation in a 457(b) deferred compensation plan is available through Lincoln Financial Group. This plan is a supplemental retirement plan that allows employees to defer compensation on a pre-tax or post-tax basis through a payroll deduction. Enrollment is voluntary and 100% employee-paid with a maximum contribution in 2023 of $23,000 or $30,500 for employees who are age 50 or older.

Concurrent participation in a 401(a) plan is available through Lincoln Financial Group. The District matches a portion of the employee's 457(b) deferred compensation contribution, up to a maximum of 2% of salary, and those funds are contributed directly to the 401(a) plan.

PAID TIME OFF : 2025 Holidays :

The District observes the following paid holidays for all employees :

New Year's Day - January 1

Martin Luther King Day- 3rd Monday in January

President's Day - 3rd Monday in February

Memorial Day - Last Monday in May

Independence Day - July 4

Labor Day - 1st Monday in September

Veteran's Day - November 11

Thanksgiving Holiday - Thanksgiving Day & Day After

Christmas Eve - (Half day) December 24

Christmas Day - December 25

New Year's Eve (Half day) - December 31

Each employee accrues 30 hours of Floating Holiday each year on July 1. Employees may not carry a balance of more than forty (40) hours of floating holiday at any time and should make every effort to use floating holiday prior to using vacation leave.

Vacation Leave :

All Non-Management employees accrue vacation leave as follows :

1st year through 5th year = 80 hours per year

6th year through 10th year = 120 hours per year

After 10 years of continuous employment = 160 hours per year

An employee cannot accrue more than 200% of his / her annual vacation accrual. For example, an employee accruing 80 hours of vacation per year can accrue up to 160 hours before the employee ceases to accrue vacation.

The District will pay out vacation hours, provided the employee has used at least 40 hours of his / her annual vacation accrual during the 12 months preceding May 31. Vacation cash outs are paid once per year in June. The maximum vacation leave an employee is able to cash out per calendar year is 120 hours.

Sick Leave :

All employees accrue sick leave equivalent to 96 hours per year. An employee may carry over a maximum of 176 hours of sick leave each year. An employee who has accumulated sick leave hours greater than 176 will receive compensation for 75% of those hours over 176. Sick cash outs are paid once per year in December.

All employment applications will be reviewed for accuracy, completion, relevant experience, education, training and other job related qualifications. Your governmentjobs.com profile within your application is the primary tool used to evaluate your qualifications for the position. It is your responsibility to show; your relevant education (including high school information regardless of higher education); a minimum of 7 years of employment history (beginning with your most recent or present employer); for each employer listed you must provide contact information, duties performed, and your reason for leaving each job; explain any gaps in employment greater than 6 months; provide detailed information regarding your relevant knowledge and training by answering all supplemental questions to the best of your abilities. Providing duplicate responses or the phrases "see resume" or "see above", may be cause for your application to be rejected as incomplete. Please note that incomplete applications will not be considered. Please indicate below that you have read, understand, and agree to these criteria related to your application submission.

Please indicate your highest level of related education?

Do you have experience working in a supervisory role?

Please describe your experience with long range financial planning and budget administration.

Please describe your experience with historical budgetary trend analysis and revenue expense forecasting.

Please describe your experience and / or familiarity with utility rate setting.

Please describe your experience working with an enterprise resource planning system.

What makes you interested in joining the Moulton Niguel team and working at a Top Workplace in Orange County?

Required Question

Salary : $30,500 - $300,000