Finance Manager

Department/Agency of position: 
Pierce Transit
Location of position: 
Lakewood, WA
Wage/Salary: 
$101,574.00 – $152,360.00 Annually
Date Posted: 
Thursday, January 25, 2018
Closing Date: 
Monday, February 19, 2018
Job Description: 

Pierce Transit is dedicated to fulfilling the mission of improving the quality of life in our community by providing safe, reliable, innovative, and useful transportation services that are locally based and regionally connected.

Pierce Transit is conducting a national search for a seasoned and high performing leader with proven success in program management to serve as the next Finance Manager at our headquarters located in Lakewood.

As an award winning transit provider, our organization understands the importance of bringing in the right talent, especially for key leadership roles such as this. As an integral member of our management team, the individual selected for this position will deliver and inspire customer focused service and a shared commitment to our Strategic Priorities:

Customer Focused:  Provide transportation services that meet our current and potential customers' needs. Culture of Excellence:  Develop a culture which fosters safety, collaboration, data-driven decisions and innovation. Financially Responsible:  Act with financial accountability and transparency as stewards of the public trust. Dedicated Employee:  Attract, cultivate, and maintain an engaged workforce.

Reporting to the Executive Director of Finance/Chief Financial Officer, this position leads in the development of departmental goals and objectives; oversees a staff of 16 individuals in Payroll, Accounting, Budget, and Data Analytics and is also responsible for: Monitoring financial accounting and reporting, payroll, auditing, internal control, revenue collection, budget development, data warehouse/analytics, as well as other related finance functions; Providing oversight and evaluating service delivery methods and business processes, assessing and monitoring work loads, direct and implement process improvements as opportunities arise; Preparing, reviewing and presenting reports, analysis, informational updates and special projects as assigned; Attending and participating in professional group meetings and stay abreast of trends, technology, and innovations in the fields of Finance, Budget, and  Accounting as related to the role.

Essential Functions:

The following functions are not intended to serve as a comprehensive list of all duties performed  in this classification, only a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties. Lead, direct and plan activities related to the Agency's finance functions including general accounting, budgeting, investment, reporting, payroll, accounts payable, accounts receivable and cashiering services, etc; assure work is performed according to the requirements of state and federal regulations and Generally Accepted Accounting Principles (GAAP). Direct the preparation of the Comprehensive Annual Financial Report (CAFR) and statistical records, reports and summaries related to Agency finances. Manage the preparation of the annual Agency capital and operating budgets. Provide input to and assist in the development of strategic plans; assure the preparation of and review financial forecasts, revenue estimates and projections. Plan and evaluate short and long-term financing needs. Institute best budget practices. Monitor the Agency Budget. Oversee the development and maintenance of the cost allocation model (CAM). The CAM serves as the basis for determining cost reimbursement for the service Pierce Transit provides to Sound Transit (about $32 million annually). The CAM is a complex analytical tool which requires interpretation of data as well as judgement in forming the decision rules driving the model. Make recommendations for pricing of Sound Transit service. Participate in Sound Transit contract negotiations. The CAM is also used to determine model (fixed route, demand response and vanpool) overhead cost allocations for reporting to the Federal government. Develop, analyze and evaluate long-term financial scenarios. Develop and maintain effective internal controls to safeguard Agency assets; formulate and develop policies and procedures related to internal controls and separation of employee duties, proper authorization of transactions, and access to and use of assets. Develop, analyze, and implement financial policies and procedures including reserve policies, debt policies and investment policies in order to ensure, long-term fiscal viability and accountability. Report to Federal and State Agencies. Responsible for financial and grants regulatory reporting, including National Transit Database (NTD), Federal Transit Administration (FTA), Internal Revenue Service (IRS), Federal Audit Clearinghouse, Business and Occupational Tax as well as Washington State grants and financial reporting. Coordinate external audits and serve as liaison to Federal, State, and private auditors; review audit findings and implement appropriate corrective action as necessary. The successful completion of these audits requires professional interaction with independent State and Federal examiners who report to regulatory Agencies as well as to the general public on conformance with Federal and State laws and on compliance with GAAP. An audit finding can result in loss of grant funding and reduced bond ratings as well as adverse public opinion. Mentor, train, supervise and evaluate the performance of assigned personnel (bargaining and non-bargaining); select, counsel and discipline employees as appropriate; provide staff development and training opportunities. Assist employees with personal and performance problems; resolve grievances at the earliest possible stage and represents the Division at hearings and arbitrations as requested. Work with Union representatives. Plan, develop and implement effective internal audit processes to safeguard PT assets and ensure internal controls, policies and procedures are being followed. Effectively lead data analytics process.  Work with Budget Office to ensure data sets are developed, reports are automated using data warehouse to meet internal customer needs.   Demonstrate regular and reliable attendance. Performs other duties as assigned.

Qualifications: The successful candidate will have knowledge of: Applicable Federal, State, and local laws, rules, regulations, codes, and/or statutes; Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), and Financial Accounting Standards Board (FASB); Principles of accounting theory, auditing and statistical analysis; Payroll and IRS regulations; Managerial principles; Budget principles and practices; Modern office equipment. And skill in: Interpreting and applying federal, state and local laws and regulations; Developing and providing professional presentations of data and information; Managing and administering programs, services and operations; Developing, evaluating, recommending and implementing processes and procedures; Coaching, mentoring and managing the performance of staff; Strategic thinking and tactical planning; Negotiating and consensus building; Adapting to rapidly changing environments; Conducting research and analysis; Analyzing complex information and solving problems; Analyzing processes and making recommendations for improvement; Utilizing a computer and relevant software applications; Establishing effective and cooperative working relationships with others. Minimum Qualifications Include: Bachelor's Degree in Finance, Accounting, Business Administration, Public Administration or a related field and Five (5) years' progressively responsible experience in finance or accounting management or An equivalent combination of education and experience sufficient to successfully perform the essential duties of the job such as those listed above. Ideal Qualifications Include: Public service finance management Supervisory experience Certified Public Accountant or Certified Public Finance Officer Important Note: Pierce Transit is seeking an individual that will accept a starting salary in the hiring range of $101,574.00 to $135,000.00. The salary range for incumbents in this position is $101, 574.00 up to a maximum of $152,360.00.

To be considered, interested candidates must: Complete the electronic application to include at least the last ten years of employment and/or education. Attach a resume to include details of related work experience. Upload a cover letter that explains how your experience has prepared you for this position to include any employment experience in the public sector, if applicable.

Equal Employment Opportunity Employer Pierce Transit has a strong commitment to the community we serve and our employees. As an equal opportunity employer, we strive to have a workforce that reflects the community we serve. No person is unlawfully excluded from employment opportunities based on race, color, religion, national origin, sex (including gender identity, sexual orientation and pregnancy), age, genetic information, disability, veteran status, or other protected class.

Pierce Transit's Equal Employment Opportunity (EEO) policy applies to all employment actions, including but not limited to recruitment, hiring, selection for training, promotion, transfer, demotion, layoff, termination, rates of pay or other forms of compensation.