Alameda County Transportation Commission · 2 weeks ago
Assistant Director of Finance
Oakland, CA
Full-time
Onsite
Director/Executive
$158K/yr - $205K/yr
8+ years expAlameda County Transportation Commission is a joint powers authority that plans, funds, and delivers transportation programs and projects. The Assistant Director of Finance will manage finance activities including budgeting, financial analysis, and reporting, while providing oversight and direction to ensure compliance with accounting standards.
Government Administration
Responsibilities
Oversees and manages all accounting functions including the general ledger, budgeting processes, treasury and cash management, financial analysis, accounts payable and receivable, grants management, payroll and benefits administration, debt management, capital assets, financial reporting and maintenance of the accounting software system
Leads and participates in the development and implementation of goals, objectives, policies, procedures, and establishes priorities for the department
Trains, motivates, directs, evaluates, and selects personnel; evaluates and reviews work for acceptability and conformance with department, legal, and other accounting standards; works with employees on performance issues; makes discipline recommendations to the Director of Finance
Continuously monitors the efficiency and effectiveness of financial operations and identifies opportunities for improvement, ensuring proper internal controls and segregation of duties; provides recommendations for change; and directs the implementation of process improvements
Coordinates and manages the development of annual budgets and mid-year budget updates; analyzes variances and available fund balances and recommends adjustments as required; administers the budget; develops forecasts of additional funding needs for staffing, equipment, materials, supplies and other items; implements adjustments upon approval
Oversees monthly reconciliations, quarter end and year-end close of Alameda CTC accounting books; ensures timely processing of transactions; examines accounting transactions to ensure accuracy and approves journal entries prior to posting in the financial systems
Reviews Alameda CTC’s invoices for payment ensuring that invoices meet agency requirements and are properly supported; provides final approval for payment and is an agency authorized signer
Prepares and presents a variety of financial statements to management and the Commission
Coordinates various financial audits and provides information upon request to independent auditors; provides accurate and timely responses to questions, gathers data, and compiles reports
Coordinates the development of the annual comprehensive financial report (ACFR)
Manages cash and investment functions, overseeing investment advisors, to ensure the availability of funds to meet obligations
Ensures compliance with bond requirements including timely debt service payments; manages the reconciliation of bond trustee statements and other disclosure requirements
Plans, directs, and oversees the production of a wide variety of reports for submission to various regulatory and governmental agencies; ensures compliance with Governmental Accounting Standards Board (GASB) requirements and local, state, and federal laws and regulations
Provides highly complex assistance to the Director of Finance; prepares, reviews, and presents staff reports and other necessary correspondence related to assigned activities; participates in various management meetings, and reports on special projects as assigned by the Director of Finance
Qualification
Required
Equivalent to graduation from an accredited four-year college or university with major coursework in accounting, finance, economics, business or public administration, or a closely related field
Eight (8) years of increasingly responsible professional accounting and finance experience, including three (3) years of supervisory experience
Expertise in governmental accounting, auditing, financial reporting, budgeting, and regulatory compliance; the desire to evaluate processes and procedures with a willingness to lead change to improve systems and workflows, including leveraging technology to streamline work processes while maintaining accuracy, transparency, and compliance in all financial operations
Experience in all accounting operations; including general ledger maintenance, accounts payable, accounts receivable, cash and debt management, grants management, quarter-end and year-end closing processes, and financial reporting
Experience participating in financial audits and reporting, including the development of annual comprehensive financial reports (ACFR)
Knowledge of financial internal control requirements, generally accepted accounting principles, Governmental Accounting Standards Board regulations, and relevant federal/state/local laws
The ability to lead and supervise staff members to provide both technical direction while maintaining high standards of accuracy, consistency and efficiency, and mentorship to strengthen collaboration and foster growth
The aptitude to communicate effectively, both orally and in written form, to convey complex financial information and to establish and maintain cohesive working relationships with finance staff and members of other departments, agencies and organizations, and other stakeholders
Advanced skills and proficiency in Microsoft Office programs, specifically Excel, Word, PowerPoint and Outlook
Preferred
Governmental accounting knowledge and experience desirable
Benefits
Cafeteria Plan which employees can use to choose the following: Health, Dental, and Vision Insurance; and Life, AD&D, and Long-term and Short-Term Disability Insurance.
Retirement Program in the California Public Employee Retirement System (CalPERS): Classic Member (member of CalPERS prior to January 1, 2013) – 2.5% at age 55 (employee contributes 3%)
New Member (under PEPRA laws) – 2% at age 62 (employee contributes 7.75%, this amount is subject to change at the beginning of each fiscal year per CalPERS calculations)
Vacation Leave: Starts at 10 days per year and increases based on years of service.
Sick Leave: Accrued at one (1) day per month.
Holidays: 11 paid holidays, plus three (3) floating holidays, per year.
Other benefits include transit subsidy, flexible spending accounts, 457 retirement plan, tuition assistance, etc.
Company
Alameda County Transportation Commission
The mission of the Alameda County Transportation Commission (Alameda CTC) is to plan, fund and deliver transportation programs and projects that expand access and improve mobility to foster a vibrant and livable Alameda County.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase