The Chief Financial Officer (CFO) plans and directs the full range of finance and accounting services for the District. The Chief Financial Officer oversees all areas of financial services including banking, bookkeeping, accounting, financial reporting, public funds investment, utility billing, customer records, customer service, risk management, budget development and cost control and District Asset management. He/She develops budgets, oversees multi-year planning processes, and develops comprehensive fiscal policies. In addition, the CFO monitors and implements Government Accounting Standards Board (GASB) pronouncements, produces and reconciles the Comprehensive Annual Financial Report (CAFR), and assesses future fiscal impacts to the organization.
THE IDEAL CANDIDATE The ideal candidate for this position will be excited about the opportunity to lead a Finance Department in a highly respected agency. This person will be open, honest, direct and will exercise a high degree of common sense and sound judgement. He/She will be discreet and respectful when dealing with confidential and sensitive matters. This person will have excellent interpersonal and communication skills (both written and oral); strong and proven management and leadership skills; as well as skills in business and organizational management, financial management, program and project planning, strategic planning and consensus building.
ESSENTIAL DUTIES AND RESPONSIBILITIES • Acts as administrative manager for high-level District projects and performs high-level oversight of the District’s financial operations. • Develops systems, controls processes, and evaluates programs within the District’s core operational functions to ensure compliance with applicable laws, regulations, policies, and procedures, and WRD’s mission, goals, and objectives are met. • Assists in the preparation of the final draft budget to be presented to executive management of the District and subsequently to the Board of Directors. • Presents information to the Board of Directors and its Committee structure, to outside organizations (pumpers) and to the Budget Advisory Committee (BAC), Act as lead staff person for the BAC, maintain communication and working relationships with BAC members, Leads the biennial BAC election efforts for the District. • Works with District Counsel and Special Counsel on updating election process and deadlines. • Assists in preparing budget scenarios and the District's 5-Year Forecast. • Provides problem solving and management decisions on Midyear Budget fluctuations and other budget issues. • Serves as Finance's key point of contact for independent auditors, outside consultants, external elected officials and city management, WRD executive management and Board of Directors. • Coordinate departmental goals with the overall District objectives. • Assists and participates in the annual strategic planning. • Assists in the preparation of the draft budget to be presented to executive management of the District and subsequently to the Board of Directors. • Ensures adequate controls are established and maintained and that substantiating documentation is approved, and purchases may pass independent and governmental audits (OMB A-133 Single Audit Compliance). Oversees the coordination and activities of independent auditors ensuring all OMB A-133 audit issues are resolved and annual financial statements are prepared in accordance with US Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (Yellow Book Standards) and Generally Accepted Government Auditing Standards (GAGAS). • Evaluates and adjusts internal control structure as needed, specifically as it relates to separation of duties. Interface successfully with diverse external agencies. • Leads communication of finance and accounting activities to the Finance/Audit Committee, Budget Advisory Committee (BAC) and the Board of Directors. • Develops and manages the coordination of all fiscal reporting activities of the District including reporting to outside entities and grant funding agencies. • Leads production of and presents annual budget information to both internally and externally to the public, Keeps updated on auditing and reporting requirements to County Board of Supervisors, State Controller’s Office, Bond Trustee and Rating Agencies, Responsible for timely and accurate reporting of financial data. • Oversees the coordination and activities of independent auditors ensuring all OMB A-133 audit issues are resolved and annual financial statements are prepared in accordance with US Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS, a.k.a. Yellow Book Standards) and Generally Accepted Government Auditing Standard
MINIMUM QUALIFICATIONS TO APPLY: A Bachelor’s degree from an accredited college or university with major coursework in accounting, finance, public administration or a related field; and at least seven years of increasingly responsible financial management experience, including five years of management responsibility. A master’s degree is highly desired, but not required. LICENSES; CERTIFICATES; SPECIAL REQUIREMENTS: A Certified Public Accountant (CPA) license is highly desired, but not required. Possession of a California Driver’s License.
APPLICATION AND SELECTION PROCESS: THIS POSITION IS OPEN UNTIL FILLED. To be considered for this opportunity please submit a (1) District application available at www.wrd.org, (2) cover letter highlighting your applicable experience and (3) resume to Brandon Mims, Manager of Administration and Human Resources, email@example.com by the first review date. The District is an Equal Opportunity Employer.
To learn more about the Water Replenishment District, please visit www.wrd.org.