Chief Financial Officer

Description

General Statement of Duties

The Chief Financial Officer is a member of the District’s management team and reports directly to the District Manager. This exempt position is responsible for management of all the District’s financial resources including receipt, disbursement, safekeeping and expenditure of money, capital assets and securities. Directs and manages the accounting, treasury, procurement and budget operations. This position is also responsible for the direction and oversight of several District administrative functions including Billing, Customer Care and Field Services.

Supervision Received

Works under the direct supervision of the District Manager.

Primary Duties and Responsibilities

• Manages and directs the operations of the District’s financial activities including financial management, banking and investments; bonds and loans; and rate and fee analysis.

• Leads and mentors the Accounting, Customer Care and Procurement teams.  Oversees the development of staff, ensuring alignment with organizational needs.  Conducts regular 1:1s and identify coaching opportunities.

• Develops and implements business focused analysis and decision making in all aspects of the District’s support services and financial/budgeting programs.

• Ensures that the District Manager is informed of financial and administrative issues and responds to requests for information from the District Manager.

• Serves as a member of the District’s executive management team and participates in the formulation and implementation of the District’s policy in broad areas such as strategic planning, long range financial planning, employee development, and support of District-wide programs.

• Provides leadership and oversight for developing and implementing, in partnership with organizational business practice experts, strategic, tactical and business plans for District financial, customer services and enterprise service programs.

• Oversees, reviews, and audits billing department activities. Responds to and resolves difficult customer inquiries and complaints.

• Oversees District-wide annual budget process and budget presentation, monitors implementation of District-wide budget to ensure adequate financing, conducts continuous analysis of District’s financial condition and advises the Board accordingly.

• Oversees annual external financial statement audit.

• Oversees the administration of the District’s extensive insurance programs.

• Responsible for oversight of internal controls framework to ensure the accurate reporting of transactions as well as safeguarding assets.

• Develops and implements process changes which will increase productivity and efficiency in order to meet growth and allow expanded activities.

• Encourages innovation, creativity, teamwork and participation of staff to achieve District goals and objectives.

• Serves as liaison for enterprise services with operations and engineering staff to ensure clear communications and effective working relationships.

• Ensures effective communication and coordination with outside agencies regarding the business aspects of the District’s programs and projects. Includes communicating with bond agencies regarding bond issuances, state agencies and with neighboring water districts regarding shared programs/projects.

• Communicates with all levels of District staff, developers, contractors, outside agencies and citizens regarding business/financial aspects of the projects and programs. Includes addressing existing or new development agreements and communicating internally regarding cost saving programs and performance measures.

• Develop and implement District-wide policies and procedures related to procurement of goods and services, justify investment decisions, ensure timely billings and payments of liabilities, etc.

• Prepares Board and public presentations as necessary. 

• Attends bi-monthly Board meetings to report on the District’s financial and customer service status, goals and/or progress.

• Other duties as assigned.

Knowledge, Skills & Abilities

• Advanced knowledge of principles and practices of general accounting, utility accounting, financial management, administration and insurance.

• Prior experience working with a Board of Directors.

• Proven ability to lead, develop and inspire teams while driving organizational change.

• Strong knowledge of principles and practices of debt financing.

• Strong knowledge of financial reports and audits.

• Strong customer service skills and conflict resolution techniques.

• Advanced knowledge of budget preparation and administration.

• Understanding of best practices for cost-of-service rate making standards, principles and methods.

• Exceptional ability to communicate financial information to individuals without a financial background; experience in effectively communicating key data, including presentations to senior management, Board of Directors, or other partners.

• Strong understanding of risk mitigation and best practices.

• Advanced knowledge of the principles and practices of business solutions with the ability to apply the knowledge to a water and wastewater utility.

• Working knowledge of Microsoft Office Suite and utility information/billing software.

• Strong written and oral communication skills in order to effectively communicate with staff members, management and outside agencies. Ability to effectively communicate with adversarial contacts. Strong public presentation skills.

• Excellent organizational skills.

Qualifications/Experience

• A bachelor’s degree in finance, accounting, public administration or related field is required.

• A Certified Public Accountant (CPA) is required.

• A minimum of ten years of progressively responsible experience in finance and customer service with a minimum of five years in a supervisory capacity.

• Experience in developing performance benchmarking and level of service measures.

• An equivalent combination of education and experience may be considered.

• Advanced degree in a business management field is desirable.

• Must have a Motor Vehicle Record within the Acceptable or no less than Borderline rating according to the Vehicle Policy.

• A credit report will be requested due to the nature of this position.

Working Conditions/Physical Activities

• Monday through Friday, weekends and after hours as needed.

• Subject to respond to emergency calls related to on-site situations as well as emergencies outlined in the District’s Emergency Response Plan.

• Local and overnight travel may be required.

• Standard office environment with constant interruptions and deadlines. Mainly sedentary work with attentiveness to computer use for prolonged periods.

Benefits Overview

Parker Water & Sanitation offers a robust benefits program including:

• Low-cost health premiums

• 100% District paid dental and vision insurance

• District HSA contribution for those on our HDHP insurance

• Social Security Replacement program – 401(a)

• 457 (b) retirement plan with District match up to 5%, fully vested right away

• 100% District paid Short- and Long-Term Disability

• 100% District paid Life and Disability Insurance (2x annual salary)

• Tuition Reimbursement up to $5250 per year

• Employee Wellness program

• Public Service Student Loan Forgiveness eligible employer

For a more in-depth overview of the many benefits PWSD offers please visit www.pwsd.org/careers and click on the Total Rewards Program link.

Salary : $156,075 - $210,000