Job Board Title:
CFO

Post Date
6/29/2022

Expiration Date
8/15/2022

Details:
About the Position
The Chief Financial Officer (CFO) provides leadership and strategic direction to the Finance and Administration Department which contains four divisions: Finance; Administration; Capital Project Management; and Procurement.

The position supports Community Transit through sound, strategic financial planning and management; effective contracting and procurement; accurate, independent capital project control services; transparent, responsive audit support; and sound budget development and administration. The primary objectives of the Department are to provide stewardship of the public resources entrusted to the agency, ensure resources are available to provide essential services to customers, provide proper capital project financial and change controls and support employees. This position is a key advisor and thought partner to the Chief Executive Officer (CEO) with respect to financial planning and management and a member of the Executive Leadership Team.

As the primary financial advisor to the CEO and external stakeholders regarding all Community Transit financial resources, the CFO is directly responsible for the agency’s operating and capital budgeting, financial services, contracting, procurement, parts, agency administrative functions and asset management. The position is accountable for: compliance with federal and statewide financial regulations, fulfillment of federal and statewide financial reporting requirements, and performing enterprise-wide budget and financial service activities for the department. In addition, the position oversees agency reporting on financial matters, agency metrics and key performance indicators.

Developing and maintaining the agency’s long term financial plan to align with and support the agency’s long range service commitments, capital programs and staffing needs and ensure financial viability and integrity in support of the agency’s mission, vision and values is a key competency. The position develops, interprets, and implements agency fiscal policies, procedures and processes to include guidelines on budget development, revenue allocations, FTE allocations, contracting, procurement, and long-range strategic planning for financial matters. This position also provides oversight to ensure compliance with federal and state funding requirements. The CFO implements centralized, enterprise-wide financial solutions to include operational processes, procedures, and internal controls. The position manages and directs the work of 39 staff.


Qualifications:
The Ideal Candidate
Community Transit is seeking a decisive, proactive and collaborative leader with an inclusive style and action orientation. The successful candidate will possess a demonstrated ability to effectively articulate and implement strategic plans. Candidates should have a proven record of success as a senior financial leader in a complex organization.

CORE-COMPETENCIES
• Sound Fiscal Management: Knowledge of principles and practices of public sector accounting, auditing and financial reporting standards. Understanding of current and emerging federal and state laws, policies, regulations, methods and procedures with regard to governmental accounting, budgeting and purchasing principles, theories and concepts.
• Inspiring and Courageous Leadership: Ability to inspire, persuade, engage, speak straight­forwardly about complex financial issues, make tough decisions and take difficult actions. Display balanced thinking that combines analysis, wisdom, experience and perspective. Produce data-driven decisions that withstand the “test of time”.
• Build a Talented, Effective Team: Hire, mentor, develop, retain, and manage a diverse staff. Assemble and reinforce a cohesive, dedicated, highly effective inter-disciplinary team. Ability to lead a team through change processes.
• Business and Management Acumen: Ability to strategically manage human, financial and information resources. Streamline and remove processes that do not bring value. Measure success based on data and results. Set high standards of performance, using accountability measures and benchmarks to track progress.
• Partnering: Build alliances and collaborate across boundaries to create strategic relationships. Inspire action without relying solely on authority. Perceive the complexity of situations quickly.
• Values: High level of integrity, ethics, transparency and responsiveness. Ability to model agency core values.

• Cultural Competency: Focus on racial equity in ways that enable effective working relationships in diverse communities and cross-cultural situations. Uses an equity lens to analyze the impact of policies on underserved and marginalized individuals and groups to identify and eliminate barriers.

Desirable Qualifications
A Bachelor’s degree in Business, Finance, Accounting, Public Administration, or related field or seven years professional experience in budget development and implementation, financial management, accounting, business administration, or related field and minimum of five years of management experience, including performance management, organizational planning, budgeting, resource planning, public/stakeholder relations, and leadership. An advanced degree is a plus.

Significant prior experience interpreting and implementing policies and procedures, managing large budgets and ensuring compliance with applicable laws and regulations. Experience in delivering large capital projects with knowledge of the Federal Transportation Agency and Department of Transportation procurement methodology is a plus.


Comments:
Application Process
Persons interested in this job must submit a cover letter and current resume to by visiting www.karrasconsulting.net and clicking on “view open positions.” Resumes should indicate the size of staff and budgets managed.

If you have questions regarding this announcement, please call Marissa Karras at 360-956-1336. The position will remain open until filled; however the screening process will move quickly. In order to be considered for the first round of interviews please submit your application materials as soon as possible but no later than August 15th, 2022.

Compensation
Community Transit is committed to internal and market equity. The salary range for this position is $154K - $247K annually. Salary is determined based on internal and market equity, internal and market data/salary ranges, and the applicant's job-related knowledge, skills, and experience. We are likely to hire at the beginning to midpoint of the salary range to allow future salary growth based on an employee's performance, professional development, and increases in responsibilities and duties.
Community Transit prides itself on a very robust benefits program that reflects care for
employees. This includes an employee maintenance center onsite with a focus on employee health, physical therapy and wellness; generous medical, dental, vision, and life insurance benefits; public pension; and voluntary deferred compensation.

Community Transit is an equal opportunity employer. All qualified applicants are considered in accordance with applicable laws prohibiting discrimination on the basis of race, religion, color, gender, age, national origin, sexual orientation, physical or mental disability, marital status, or veteran status or any other legally protected status.


Employer:
Community Transit
Contact:
Marissa Karras

Address:
1802 Black Lake Blvd SW Suite 101

Work Phone:
360-956-1336

Email:
Marissa@karrasconsulting.net

Website:
http://www.karrasconsulting.net