The Director of Finance is responsible for highly complex financial administration of federal, state and local funded transit grant programs, including grant application, compliance management and mandated reporting. The Director of Finance administers the preparation of the annual budget, purchasing, capital and operations, planning and revenue monitoring and is responsible for accounting, revenue and statistics, debt, investments, payroll, financial analysis and performance reporting. The Director of Finance is responsible for the oversight of procurement and accounting.
Responsibilities:
- The Director of Finance is responsible for highly complex financial administration of federal, state and local funded transit grant programs, including grant application, compliance management and mandated reporting.
- The Director of Finance administers the preparation of the annual budget, purchasing, capital and operations, planning and revenue monitoring and is responsible for accounting, revenue and statistics, debt, investments, payroll, financial analysis and performance reporting.
- The Director of Finance is responsible for the oversight of procurement and accounting.
Management and Supervision of Staff:
- Manage employee performance; provide coaching and mentoring, address performance concerns and issue discipline as appropriate.
- Manage Finance and Procurement Staff in daily responsibilities in the areas of procurement, accounting and finance.
- Monitor employee compliance with established department and agency procedures, policies, rules, regulations and schedules.
- Maintain a visible presence in support of Finance and Procurement department functions.
- Assist the Human Resource and Training and Safety department in Screening, interviewing and hiring regular Administration staff and/or interns.
- Planning and preparation of training and remedial programs for new and present Administration staff.
- Communicate and collaborate with management staff to review and address employee comments, concerns and/or complaints regarding Finance and Procurement processes, procedures and/or resources.
Finance and Accounting:
- Develop, implement and maintain financial policies and procedures.
- Ensure proper controls over fare collections and fare boxes.
- Oversight of accounts payable, revenue collection, and payroll and in all purchasing activities, including proposals and bids, insurance coverage, operational and capital purchasing, parts procurement, cycle counting procedures and monitoring of capital asset program.
- Develop the annual budget, multi-year budget forecasts, and financial reports.
- Responsible for the annual audit process.
- Responsible for all investments, ensuring compliance with investment regulations and requirements.
- Advise and present to senior management and the Board of Commissioners on all financial aspects.
- Research, analyze, and interpret financial data to provide financial and compliance recommendations.
- Responsible for all regulatory reporting, ensuring all requirements are met and reports to federal, state, and other agencies are accurate, clear, complete and comprehensive.
- Responsible for performance reporting, revenue, and federal, state and local transit grant reporting, ensuring all compliance and mandates are being met.
- Coordinate with the senior staff on development of Capital Improvement Program (CIP), State Transportation Improvement Program (STIP), and annual State Public Transit Assistance Program application.
- Oversight of procurement; including negotiations, monitoring, and management of Metro Bus contracts, utilizing principles and practices of public purchasing and bidding and principles and practices of contract development.
- Performs other duties and activities as assigned.
Minimum Qualifications:
- The job requires a four (4) year degree in accounting, finance, business administration, public administration or related field of study and seven (7) years of financial management experience including experience in public sector budgeting and five (5) years of management and supervision experience or an equivalent combination of education and experience.
