HOURS OF WORK: 4/10’s, 7am-6pm, M-Th
Reporting to the Chief Financial Officer, the ideal candidate for the Director of Finance position would demonstrate an in-depth knowledge of accounting and reporting in compliance with regulatory requirements; extensive experience in budget preparation, forecasting, and financial management reporting; and experience with the implementation of or enhancements to ERP systems, including continuous process improvements with delivered efficiencies. Experience with Oracle EBS, utility or governmental fund accounting is highly desirable.
Human Resources will screen applications and resumes. Candidates possessing the strongest skills and experience for this position will be forwarded to the hiring department for further evaluation and to determine who will be invited to the formal interview process. The candidate hired will be required to pass a drug screening, background check and may be required to pass a job-related physical evaluation.
Under policy direction of the Chief Financial Officer, serves as Director of Finance and Controller for the Las Vegas Valley Water District (District) and the Southern Nevada Water Authority (SNWA); plans, organizes, manages and directs day-to-day general accounting, accounts payable, accounts receivable, external reporting and other activities of the Finance Department including procurement activities, budgeting and financial forecast modeling; provides expert professional assistance and guidance to management on accounting, financial reporting and related matters; and performs related duties as assigned.
This single position class is responsible for directing, managing and integrating the general accounting and related fiscal functions of the Finance department. As Director of Finance and Controller, the incumbent is accountable for maintenance of the Chart of Accounts to reflect District/SNWA financial accounting and business operations, for maintenance of all accounting and fiscal records in accordance with legal requirements, accounting standards and Governmental Accounting Standards Board (GASB) requirements, and for the timely and accurate close and reporting on financial operations and activities. The incumbent is accountable for establishing sound systems and controls to ensure the integrity, accuracy and timeliness of the District’s and SNWA’s financial management and reporting. The incumbent oversees annual external financial audits and provides expert professional assistance and guidance to District management on all fiscal, accounting and related operations in compliance with state and federal regulations, policies and procedures. Duties require the ability to work cooperatively with other department directors and managers to ensure they receive meaningful and timely financial services and reporting required to meet the business and operational needs of their departments.
ESSENTIAL DUTIES AND RESPONSIBILITIES
The duties listed below are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to this class.
- Plans, organizes, controls, integrates and evaluates the work of the Finance Department; with managers and staff, develops, implements and monitors long-term plans, goals and objectives focused on achieving the department’s mission and assigned priorities; participates in the development of and monitors performance against the department’s annual budget; manages and directs the development, implementation and evaluation of plans, policies, systems and procedures to achieve annual goals, objectives and work standards.
- Plans and evaluates manager and staff performance; establishes performance requirements and personal development targets; regularly monitors performance and provides coaching for performance improvement and development; provides compensation and other rewards to recognize performance; takes disciplinary action, up to and including termination, to address performance deficiencies in accordance with the District’s human resources policies and labor contract provisions.
- Provides leadership and works with managers to develop and retain highly competent, customer service-oriented staff through selection, compensation, training and day-to-day management practices that support the District’s mission, objectives and values regarding team building and employee empowerment; applies process improvement and quality management principles to assigned areas of responsibility; leads and promotes stewardship of organization and environmental resources and ensures a strong safety culture throughout the department.
- With other members of the Senior Management Team, participates in the development and implementation of District/SNWA strategic plans, goals and objectives; leads and directs department staff in the development and application of new technologies and business process improvements to achieve higher efficiency, productivity and customer service in department work processes.
- Works with department managers and staff to develop and implement departmental strategic goals and objectives that support achievement of District/SNWA strategic plans; monitors developments related to finance and funding matters and evaluates their impact on District/SNWA operations and financial programs; develops, maintains and reports on metrics and key performance indicators for monitoring the strategic and operational implications of District/SNWA fiscal status and financial operations; develops and/or reviews findings and reports on alternatives and recommendations involving a broad range of complex revenue and financial management issues; makes presentations to the E-Team, department directors and others.
- Meets regularly with directors of other departments to stay apprised of significant projects, contracts and other commitments on the horizon in order to advise directors of potential financial planning implications and to ensure finance and accounting services are available when required to provide needed support; provides regular briefings and reports on current and forecasted budget and financial conditions; seeks director input and advice regarding Finance department customer support performance; provides expert professional assistance to departments on accounting and other related finance matters.
- Through subordinate managers, directs and manages District accounting and financial operations, including general ledger accounting, capital asset accounting, accounts payable and accounts receivable; manages and directs the maintenance and timely updating of the District/SNWA Chart of Accounts, ensuring consistent utilization and relevance for monitoring ongoing business operations; establishes and enforces policies and procedures to ensure a sound system of internal controls and appropriate segregation of duties; monitors accounting operations, systems and activities to ensure conformance with generally accepted accounting principles and standards and applicable law and regulatory requirements; approves or researches, analyzes and resolves complex accounting, finance and reporting issues; oversees the evaluation, balancing and reconciliation of accounts, funds and budgets; oversees the analysis and investigation of expenditure and disbursement trends and anomalies and takes appropriate follow up action with Finance staff and departments as appropriate; directs and ensures timely month-, quarter- and year-end accounting close and reporting procedures.
- Directs, manages and participates in the preparation of regular and ad hoc financial and budget variance reports, analyses and forecasts, including income statements and balance sheet reviews, quarterly budget variance reports, forecasts on budget, revenue and expenditures, annual income and balance sheet statements and the Comprehensive Annual Financial Report (CAFR); manages and directs the preparation, analysis and investigation of budget, revenue and expenditure variances; manages and coordinates the preparation and distribution of regular and periodic financial reports to the Chief Financial Officer, District E-Team and department directors, other managers and governmental and regulatory bodies as required.
- Directs and manages the preparation for and coordinates the annual financial audit; analyzes and prepares responses and recommendations regarding audit findings, comments and recommendations.
- Leads, directs, manages and participates in the development and maintenance of the District Accounting Policies Manual and standard operating procedures for accounting and reporting processes.
- Directs, manages and participates in the preparation and administration of District, SNWA, Big Bend Water District (BBWD) and small systems operating and capital budgets; directs the preparation of revenue and expenditure projections for capital budget proposals; manages the analysis and evaluation of operating budget and revenue proposals and the development of analyses, forecasts and recommendations for budget consideration within budget assumptions and instructions; meets with department directors and managers to review budget issues and alternatives; oversees the preparation and review of final budget documents for accuracy, completeness and consistency with management decisions; directs the preparation and filing of final documents in conformance with Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award criteria; oversees the preparation and submittal of state budget documents to the Department of Taxation; manages and directs the analysis, investigation and follow up on budget revenue and expenditure variance reports.
- Directs, manages and participates in the annual review and revision of the District’s structures of rates and charges; develops strategies and approaches for evaluating rate change alternatives; directs the development of and recommends proposed rates; represents the District in public meetings and rate hearings; oversees the implementation of new rates following board approval.
- Performs a variety of special projects; serves on committees and working groups; represents the District/SNWA in meetings with business and community groups.
- Serves as the District’s representative on SNWA finance and related working groups.
- Chairs the SNWA Risk Management and Fuel Purchasing Committee and interfaces with SNWA agencies and the Colorado River Commission on a variety of issues
DESIRED MINIMUM QUALIFICATIONS
Principles and practices of general, fund and governmental accounting, including financial statement preparation and methods of financial control and reporting; principles and practices of cost and fixed asset accounting; internal control and audit principles and practices; Generally Accepted Accounting Principles (GAAP), GASB and GFOA accounting standards and requirements; principles, methods and best practices of public agency budgeting and the maintenance of public records; Nevada Revised Statutes and other federal, state and local laws, regulations and court decisions applicable to assigned areas of responsibility; District and SNWA operations and functions and associated debt financing and financial management issues; principles, methods and techniques of strategic planning; principles and practices of public administration; research methods and techniques, tools and practices for conducting sophisticated financial, statistical, economic and comparative analysis; the organization and functions of and the legal requirements associated with a public governing board; principles and practices of automated financial and accounting systems; principles and practices of effective management and supervision.
Plan and direct the activities of the Finance department responsible for a variety of accounting and financial programs and activities; evaluate accounting and financial programs and make recommendations for improvement; define complex financial, rate setting and financing issues, perform difficult and complex analyses and research, evaluate alternatives and develop sound conclusions and recommendations; understand, interpret, explain and apply District, state, and federal policy, law, regulation and court decisions applicable to areas of responsibility; select appropriate methodologies and perform complex mathematical and statistical calculations and analyses; prepare clear, concise and comprehensive analyses, reports and presentation materials for technical and non-technical audiences; present proposals and recommendations clearly, logically and persuasively before public bodies, in public meetings and to the media; represent the District effectively in negotiations and other dealings on a variety of issues; prepare clear, concise and comprehensive financial and state treasury statements, correspondence, reports, studies and other written materials; exercise sound, expert and independent judgment within general policy guidelines; exercise tact and diplomacy in dealing with sensitive, complex and confidential issues and situations; establish and maintain effective working relationships with all levels of District management, representatives of SNWA member agencies, other governmental officials, employees and the public.
Training and Experience:
A typical way of obtaining the knowledge, skills and abilities outlined above is graduation from a four-year college or university with a major in finance, accounting, business administration or a closely related field, and at least ten years of progressively responsible finance and accounting experience, including capital financing, budgeting, forecasting and management reporting, at least five of which were in a management capacity; or an equivalent combination of training and experience. Experience in a public utility or governmental setting is preferred.
Certificates; Licenses; Special Requirements:
Licensure as a Certified Public Accountant is preferred.
PHYSICAL AND MENTAL DEMANDS
The physical and mental demands described here are representative of those that must be met by employees to successfully perform the essential functions of this class. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this class, an employee is regularly required to sit; talk or hear in person, in meetings and by telephone; use hands to finger, handle, feel or operate standard office equipment; and reach with hands and arms. The employee is frequently required to walk and stand.
Specific vision abilities required by this job include close vision and the ability to adjust focus.
While performing the duties of this class, the employee is regularly required to use written and oral communication skills; read and interpret complex data, information and documents; analyze and solve problems; observe and interpret people and situations; use math and mathematical reasoning; learn and apply new information or skills; perform highly detailed work on multiple, concurrent tasks with constant interruptions; work under intensive deadlines and interact with District and SNWA board members, management, staff, representatives of SNWA member agencies, outside auditors, bond counsel, officials of other governmental agencies and the public.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this class. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The employee works under typical office conditions, and the noise level is usually quiet.