Wastewater Treatment Division (WTD) is seeking a Finance Manager to manage the development, implementation and monitoring of rates, budgets, debt issuances; oversight of operating and capital fund management; short and long-term financial policy analysis and management of revenue and accounts receivables, grants and low-interest loans, internal and external audits, accounting and payroll functions. Specific responsibilities include managing the sewer rate, capacity charge and septage fee proposals, operating and capital fund budget oversight, financial monitoring processes, short and long-term debt management strategies; revenue and collections functions including Capacity Charge program; annual audited financial statements, State Revolving Fund program, audit programs and addressing all emerging issues in WTD which have short and/or long-term financial impacts.
This position reports to the Division Director and is an integral part of the WTD management team. The Finance Manager plays a key role in addressing financial policies and strategies and issues facing the Division and will communicate financial information to a variety of audiences. This position will directly lead, develop, and manage approximately 40 professional staff in the Division's Finance section, and will work collaboratively with all levels of WTD. We are looking for a self-starter with strong financial management skills, a keen attention to detail, the ability to work in a fast-paced political environment and to manage, motivate and develop staff.
Overview of the Wastewater Treatment Division King County's Wastewater Treatment Division (WTD) is one of four divisions within the King County Department of Natural Resources and Parks. It is a dynamic, high performing natural resource management agency with approximately 700 employees and operating and capital biennial budgets exceeding $750 million and operating revenues exceeding $500 million. WTD is committed to protecting and improving water quality by providing wastewater collection and treatment for local sewer agencies – which we've been doing for over 50 years. We serve about 1.7 million people within a 424-square-mile service area, including most of King County and parts of south Snohomish County and northeast Pierce County.
Examples of Key Responsibilities:
Manage WTD's annual sewer rate and capacity charge processes. This includes determining short and long-term operating, capital and debt requirements and incorporating them into a long range financial plan which provides rate options. Serve as a member of WTD's Management Team. Provide guidance, advice and recommend financial policies and strategies to assure long-term financial viability of the asset and resource infrastructure and to satisfy future demands of the system. Direct the development of operating and capital budgets for WTD through finance support staff; provide budget development guidance to WTD based on resource requirements, cash flows, and financial constraints, establish budget preparation processes and procedures for WTD; justify, explain and defend budget requests with customers (Metropolitan Water Pollution Abatement Advisory Committee (MWPAAC), Office of Performance, Strategy and Budget, Executive and Council staff; testify at rate and budget hearings and other public forums. Assess need for and appropriateness of issuing or refinancing bonds to finance WTD's Capital Improvement Program; provide all required financial information and documentation, and work with Financial & Business Operations Division , County's financial advisor, and bond underwriters in the issuance of general obligation or revenue bonds; meet with bond rating agencies to provide financial statements and key financial performance date and accompanying explanations to assure the highest possible bond rating. Analyze and interpret legislation and ensure WTD's strategic and business plans, financial statements, and related financial reports are in compliance with changing requirements; analyze legislative initiatives to assess impact on WTD's resource availability, funding sources and rate and budget authorizations. Direct all financial, accounting and budgeting functions for WTD; supervise assigned professional staff and direct the work of other financial staff through supervisors. Review WTD's expenditures to assure compliance with strategic business objectives and budgets; review and approve high-level extraordinary expenditures; provide ongoing reports to WTD's Management Team on cash flows, budget variances and current and forecasted financial condition. Continue application of key initiatives such as Equity and Social Justice and Investing In You and Best Run Government for all areas of WTD's Finance Section. Manage and supervise the section's staff by performing the following personnel responsibilities: hiring, recommending and/or implementing disciplinary actions, responding to grievances, recommending and/or implementing termination procedures. Evaluate and document work performance, coach, counsel, monitor and motivate assigned staff. Develop individual training plans for staff with the goal of improving skills and knowledge of staff for future growth opportunities.
EXPERIENCE, QUALIFICATIONS, KNOWLEDGE, SKILLS:
The most competitive applicants will have the following experiences and qualifications:
Education & Knowledge: Bachelor's Degree in Finance, Accounting, Business, Business Administration, Public Administration, or related degree; OR an equivalent combination of education and experience which provide the necessary knowledge, skills, and abilities to successfully perform the duties described in this job announcement. Five or more years of increasingly progressive budget and financial management experience, including the development/oversight of rates and budgets and financial plans. Working knowledge of rate setting, budgeting, auditing, accounting, internal control principles and techniques, and of reporting systems.
Experience with: Managing/supervising diverse and professional work groups, including the ability to build effective teams; manage conflict; and manage with vision and purpose. Working with complex financial systems Identifying, developing, tracking and reporting key financial metrics and performance indicators to senior leadership.
Ability to: Communicate and present effective rate, budget and financial policy development presentations to varied audiences. Work on multiple projects simultaneously, involving diverse financial or administrative disciplines/topics. Review legislation for appropriate fiscal impacts. Plan and set priorities appropriately for both self and staff. Build and maintain positive working relationships with stakeholders. Keep confidences; admit mistakes; and to be seen as direct and truthful.
Skills: Exceptional analytical skills and attention to detail. Working in a political environment and effectively managing diverse opinions and viewpoints Timely and quality decision-making and problem solving under tight deadlines. Preparing, reviewing, and interpreting financial and policy reports.
DESIRED QUALIFICATIONS: Master's Degree in Public or Business Administration, or related field.