Finance Manager - WPCA

Finance Manager - WPCA
City of Stamford Water Pollution Control Authority
 Stamford, Connecticut
Job Description

Job Summary:

Reporting to the Stamford Water Pollution Control Authority’s (SWPCA) Executive Director, the Finance Manager - WPCA performs all activities necessary to ensure proper financial management and adequate internal controls for the SWPCA. Also works closely with pertinent functional managers of the City (Controller, Director of OPM, Purchasing Manager, Legal Affairs, etc.) to ensure application of effective financial policies and practices as follows:

  • The Finance Manager - WPCA has an indirect reporting responsibility to the City’s Controller on all matters involving operational controllership and along with the Executive Director; is expected to attend WPCA Board meetings.
  • The Finance Manager – WPCA is expected to update the SWPCA Board (and any of the Board’s committees) on the financial integrity and financial health of the WPCA including regular updates on customer billing, accounts receivable, and collections; budget preparation and reporting actual financial performance versus budget, capital spending, cash management and cash reserves.
  • The Finance Manager – WPCA will work with Controller’s Office in responding to auditor requests for information, completing the tasks listed in the Year-End Closing Instructions, and the preparation of the WPCA’s stand-alone financial statements.
  • The Finance Manager – WPCA is expected to assist as may be needed with new software system implementations, upgrades, or interface designs.

Examples of Duties:

  • Performs financial management duties including operational controllership (e.g. accounting, closing process, internal controls, annual audit, accounts payable, accounts receivable etc.), financial planning and analysis, financial reporting, annual sewer use rate setting, billing and collection functions.
  • Prepares journal entries and performs associated tasks necessary to assist in monthly and year-end closing activities
  • Responsible for monthly data exports and reporting for general accounting and financial reporting, including procurement card review and approval and related expense allocations,
  • Prepares applicable financial reports for timely presentation to the SWPCA Finance Committee and full Board, as well as other stakeholders
  • Prepares monthly Bank Certificates and the related debt service payments to satisfy debt covenants
  • Approves all capital expenditure purchase orders and reviews capital expenditures and prepares periodic capital draws from available bond proceeds
  • Responsible for fixed asset recordkeeping and reporting, including depreciation expense calculation
  • Responsible for intangible asset recordkeeping and reporting, including amortization expense calculation
  • Updates audit schedules including general ledger account roll-forwards, transaction activity account analyses and other reconciliations
  • Uses system applications or subsystems to process, record or report transaction activity for any of the areas noted above
  • Monitors capital reserves and assists in the issuance of debt instruments such as revenue bonds as needed to fund capital expenditures
  • Prepares and submits Clean Water Fund grant funding requests
  • Assists the Executive Director in all aspects of strategic and financial planning and the financial operations of the WPCA
  • Attend WPCA Board and Finance Committee meetings and prepare Committee meeting minutesAssists with preparing response to rating agencies requests for financial information
  • Supervises Account Clerk and monitors/reviews work related to the accounting function
  • Performs other related duties, as required

Knowledge, Skills and Abilities:

  • Thorough knowledge of the principles, methods and procedures used in accounting and Generally Accepted Accounting Principles (GAAP) and principles promulgated by the Government Accounting Standards Board (GASB) as applicable
  • Thorough knowledge of the laws, rules, regulations, procedures and controls governing the recording of financial activity in an automated financial system
  • Experience with billing and collection functions and processes and related requirements within a utility application
  • Experience in developing and maintaining effective internal controls in a business environment
  • Experience in developing short and long term financial goals, plans, programs and policies
  • Experience analyzing costs, actual to budget comparison, and compiling other financial data and in preparing financial reports supporting recommended cost savings, financial management process improvements, including internal controls and other financial recommendations
  • Experience training and supervising professional and clerical personnel
  • Excellent oral and written communications skills

Minimum Qualifications:

  • Graduation from an accredited college or university with a bachelor’s degree in finance, accounting, or a closely related field and seven (7) years of progressively responsible experience in the field of accounting and/or financial management in a financial environment of which two (2) shall have been in a supervisory capacity. Financial management experience in a water or wastewater utility is highly desirable. CPA or MBA is a plus.