Senior Financial Services Manager (Financial Planning)

The City of Oklahoma City is recruiting for three (3) different Senior Financial Services Manager positions located in the Utilities Financial Services Division for the Oklahoma City Water Utilities Trust (OCWUT). The 3 areas of responsibility are: (1) Financial Planning, (2) Financial Operations, and (3) Debt/Grants Management. This Senior Financial Services Manager position is responsible for Financial Planning.

The Oklahoma City Water Utilities Trust (OCWUT) was created to lease, operate, maintain, improve, and finance these systems. It also has a 50-year contract with the federal government to operate, maintain, repair, and replace water and wastewater facilities at Tinker Air Force Base. Eighteen cities and rural water districts contract with Oklahoma City. The treatment and distribution system consists of two water treatment plants, four wastewater treatment plants, 4,000 miles of water pipe and 3,000 miles of sewer pipe.

The Utilities Department is one of the largest City departments with 826 employees, 10 divisions, an annual operating budget of $1.2 billion, a five- year capital improvement plan (CIP) of over $2.8 billion, and a debt portfolio over $2 billion, including revenue bonds and loans.

The Senior Financial Services Manager is responsible for complex financial planning, cost of service studies, and cash flow management. It manages long-term financial plans to ensure revenue adequacy for ongoing cash solvency, balanced budgets, adequate and timely rate adjustments, and financial analysis for capital funding. In addition, it manages and directs staff in financial planning special initiatives.