WSSC Water · 5 hours ago
Sr. Strategic Financial Advisor
Laurel, MD
Full-time
Onsite
Senior LevelWSSC Water is dedicated to delivering safe and satisfying service to its customers. They are seeking a Sr. Strategic Financial Advisor to provide senior-level internal financial consulting services and oversee key agency-wide strategic priorities, including grants, insurance/finance risk management, and internal financial consulting.
Service IndustryWaterWater Purification
Responsibilities
Researches and identifies grant opportunities; assures applications are correct and filled timely
Coordinates with department managers to submit contracts for Board of Public Works or other grantor agencies’ approval
Leads regular cross-departmental team to follow-up on grant issues
Monitors contracting progress, change orders and relevant communication with grantors to increase budget authority
Coordinates discussions with cross-department managers to ensure timely recording and reconciliation of grants receivable, timely filing, and receipt of the reimbursement requests
Serve as a point of contact with state and Federal agencies on grant and loan opportunities and administration of existing grant and loan programs
Plans, develops and reviews the WSSC Water risk administration and loss control programs and policies
Administers and ensures state compliance of WSSC Water’s insurance program with applicable laws and regulations
Solicits bids from brokers for insurance coverage and respond to questions and provide input for evaluation of responses
Develops solicitations for actuarial services and respond to questions from bidders and prospective bidders and develop criteria and process for evaluating proposals
Gains knowledge about operational structure to enable contact with team members to complete insurance applications
Advises on the filing of property and casualty claims with the General Counsel’s Office
Coordinates policies, bids, and renewals related to WSSC Water’s insurance programs
Makes recommendations for insurance coverage, purchase, and cost
Provides advice related to requirements for certificates of insurance on contracts and agreements
Evaluates appropriateness of alternative financing mechanisms such as partial or full self-funding and recommend retention levels and stop loss limits, etc
Monitors claims activity and reviews claims reserves for appropriateness
Works with WSSC Water team to determine best way to generate reports of claims information from two systems to enable actuarial review to establish appropriate reserve levels
Provides advice on other risk/insurance issues that arise
Provides financial management advisory services including research, analysis, and the development of options/recommendations to CFO on major technical financial matters of Commission-wide significance
Engages in financial strategic planning and tactical day-to-day actions with emphasis on strategic business management policy making changes to improve financial services provided to operating departments and other stakeholders
Delivers work involving complex and sensitive policy, labor relations, and personnel matters referred by the CFO
Collaborates with senior leadership and management within the Commission and other external senior financial manager stakeholders related to the programs or high-level special projects
Works closely with consultants on fee analyses and rate studies
Advises the CFO on finance-related issues involving new system implementations/enhancements
Develops, monitors and analyzes performance metrics
Performs cost saving/efficiency reviews to identify opportunities for improvements and lead teams in implementing recommendations
Supervises internal control reviews, collaborates with teams on implementation plans and monitor progress
Qualification
Required
Comprehensive knowledge of research techniques, methods and procedures
Comprehensive knowledge of the principles, methods and practices of public finance and public administration
Thorough knowledge of modern management principles and practices
Thorough knowledge of principles and practices of analytical review, including problem definition, setting evaluation criteria and analysis of alternatives
Ability to analyze financial information and prepare complex financial and administrative reports
Ability to analyze, interpret and report research findings and make recommendations
Knowledge of current best practices in financial planning, research and analysis
Strong organizational, problem solving and multi-tasking skills
Strong financial skills including quantitative and qualitative analytical skills
Effective problem-solving and decision-making skills
Excellent relationship building and internal financial consulting skills
Exceptional verbal and written communication skills
Exceptional skills in leadership
Ability to make effective group presentations
Ability to perform financial assessments and translate issues into appropriate recommendations
Ability to manage external consultants and evaluate their performance against contract requirements
Ability to communicate and work collaboratively with staff and internal and external stakeholders at all organizational levels in a fast-paced environment
Ability to maintain a high degree of confidentiality, discretion and professionalism
Preferred
Additional education and experience is helpful
Company
WSSC Water
Established in 1918, WSSC Water is currently among the largest water and wastewater utilities in the nation, with a network of nearly 6,000 miles of drinking water pipeline and over 5,600 miles of sewer pipeline.
Founded in 1918
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Christine Grooby
Chief Information Security Officer
Deirdra Walker
Assistant to the Deputy General Manager of Strategic Partnerships
Recent News
2025-03-01
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