The Washington State Department of Transportation (WSDOT) is seeking a dynamic financial professional who has extensive experience in managing large-scale budgets to serve as the next Director of Budget and Financial Analysis. The Director serves as a chief steward to the department's financial integrity and credibility in an environment highly visible to elected officials, regulatory agencies, and the public. The position’s key function is to direct all activities necessary to ensure availability of financial resources required to support the vast programs within WSDOT. The decisions and recommendations of this position affect and influence the fiscal decision-making of the state.
The Director collaborates with four assistant directors and oversees a team of budget, forecasting, and financial planning professionals, providing strategic direction and tactical leadership. This team advises program professionals in developing, analyzing, proposing, directing, and implementing agency financial policies and operation activities consistent with the department's strategic plan, legislative direction, and external environments. Financial dimensions of this position include agency budget oversight with the requirement to manage or limit expenditures on both program and total agency appropriations and funds of $6.5 billion, the transportation revenue forecast of more than $6.4 billion each biennium for a 16-year forecast horizon and all transportation funds and accounts with total biennial revenue and expenditure activity of nearly $7 billion.
This position will perform the following: • Manage and direct the agency-wide budget for the Department of Transportation, serving as the subject expert to WSDOT executives and staff in planning and executing financial strategies • Plan, lead, organize, and manage the work performed by Budget and Financial Analysis • Develop and implement financial policies and procedures as they relate to budget development, practices, presentation, and monitoring, ensuring the agency meets state and national standards • Prepare revenue alternatives and legislation supporting new revenue sources and investment levels, and support the Secretary’s Office in budget and revenue negotiations • Monitor program resources and establish rules and procedures for the use of those resources • Conceptualize, direct and coordinate work efforts in support of WSDOT's short-term and long-term financial plans • Represent WSDOT to and maintain exceptional working relationships with the Legislature, OFM (Office of Financial Management), State Treasurer, State Auditor, transportation committees, the Federal Highway Administration and all other stakeholders • Direct the development and presentation of the biennial and supplemental budget request to executive management, the Governor's Office, and the legislative committees
WSDOT is most interested in candidates who meet or exceed the following: • Bachelor's Degree in Business, Finance, Economics, Public Administration, or closely related field of study • Advanced Degree in Business, Finance, Economics, Public Administration, or closely related field of study is desirable • Executive-level knowledge of state and federal financial regulations and processes • Executive-level knowledge of state political/legislative processes • Expert-level knowledge of leadership and management techniques • Expert-level knowledge of financial analysis and econometric modeling techniques • Expert-level knowledge of large-scale budgets and budget management • Expert-level knowledge of accounting principles • Exceptional communication skills