Chief Financial Officer - LTD Lane Transit District : Job Details

General Summary

The primary role of the Chief Financial Officer is to play a crucial role in the financial management of LTD. This senior executive position leads the finance, procurement, accounting and materials management departments. The role closely coordinates with the CEO and other senior level executives across all areas of the organization.

Essential Duties & Responsibilities

The intent of this job description is to provide a representative summary of the major duties and responsibilities performed by employees in this job. Employees may be requested to perform job-related tasks other than those specifically presented in this description.

• Financial Planning and Analysis. This position develops and implements financial plans, budget, and forecasts to support the strategic goals of LTD.
• Financial Reporting. This position oversees the preparation and presenting of financial reports, statements, and analysis to the senior management team, board of directors, and external stakeholders.
• Budget Management. This position oversees the budgeting process, monitoring financial performance, and identifying areas for cost savings and efficiency improvements.
• Cash Flow Management. This position monitors and manages cash flow to ensure liquidity and financial stability for LTD, overseeing management of operational inventories through the material management department.
• Financial Controls. Establish and maintain internal controls to safeguard assets, ensure compliance with regulations, and prevent fraud.
• Risk Management. Identifies financial risks and implements strategies to mitigate potential threats to the financial health of LTD.
• Financial Strategy. Collaborates with the CEO and other executives to develop and execute financial strategies that support the long-term sustainability and growth of LTD.
• Compliance and Audit. Ensures compliance with financial and FTA Procurement regulations, policies, and procedures, and coordinates with external auditors on financial and procurement audits.
• Stakeholder Engagement. Builds and maintains relationships with key stakeholders such as government agencies, funding sources, and financial partners.
• Leadership and Team Management. Provides leadership and direction to the finance, accounting, materials management, and procurement departments.

Supervisory Responsibilities

• Oversees various financial related departments.
• Ability to effectively lead a team and professionally develop direct reports.
• Consistently demonstrates LTD's Core Values.
• Experience LTD services at least 6 times monthly.

Minimum Qualifications

Required Education and Experience

Any equivalent combination of education and experience which provides the knowledge, skills, and abilities required to perform the job. Education and course work can substitute for years of experience. Typical qualifications would be:

Experience:

• Bachelor degree from an accredited college or university in Business Administration, Finance, or Accounting or a related field.
• A minimum of seven years of related work experience in finance or a related field.

Preferred:

• Proven track record of effectively interacting with executive leaders and Boards.
• Experience working with state and federal government funding.
• Experience presenting to the public and Boards.

Competencies for Successful Performance of Job Duties

Knowledge of:

• Strong business acumen, a solid grasp of business operations, and a passion for organizational effectiveness.
• Strong managerial, communication and interpersonal skills.

Ability to:

• Work strategically and collaboratively across multiple departments.
• Meet schedules and deadlines of the work.
• Work in a demanding, fast-paced and high-growth environment.
• Maintain the confidentiality of information and professional boundaries.
• Communicate effectively, both orally and in writing.
• Prepare clear and concise executive reports.
• Represent the agency and department.

Position Type and Expected Hours of Work

• May work in a normal office environment and/or remote office as approved. Will sometimes be required to work and/or attend meetings or events in public and at all LTD locations.
• Monday through Friday 8am until 5pm.
• Occasional abnormal hours are expected and required for specific events and to reach all employees.

Travel

• Travel within the metropolitan area is required.
• Occasional travel outside of the region may be required.

Working Conditions & Physical Demands

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Human Collaboration & Job Impact

• Communications and discussions result in decisions regarding policy development and implementation. Interaction with others outside the organization requires exercising participative management skills that support team efforts and quality processes. The impact the job has on LTD is significant in terms of time, money, or public/employee relations.

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