Alameda County Water District · 2 weeks ago
Financial Analysis Supervisor
Fremont, CA
Full-time
Hybrid
Mid, Senior Level
$186K/yr - $227K/yr
4+ years expAlameda County Water District is seeking a Financial Analysis Supervisor to provide leadership and manage the budget and financial analysis needs of the District. This role involves overseeing financial projects, developing budgets, and ensuring compliance with financial regulations.
Service IndustryWaterWater Purification
Responsibilities
Responsible for rate and fees analysis and development and adhering to timelines and state laws and requirements for reporting and implementation
Manages the preparation of the operating and capital budget; prepares reports and analyses of budgetary issues for consideration by senior management and/or the Board of Directors; monitors and reports on expenditure trends after budget adoption; reviews and prepares special and year-end reports; reviews and improves budget work processes across the District to ensure optimal efficiency of workflow on an annual basis
Revises budget policies, guidelines, and business processes as needed to improve effectiveness and efficiency; trains end users when changes are made
Works with the Engineering Department in the development of the 25 Year Capital Plan
Develops and maintains cash flows and financial modeling for five-, ten-, and 25-year financial planning; develops and maintains any other financial reporting as needed by the Finance & Administration Department or the District
Provides financial information, analysis, and support to others in connection with all aspects of District business including rates and charges analyses, tax law changes and compliance, and any other financial needs for information, reporting, and analysis for other District issues; performs special projects and programs as required
Ensures that outstanding debt, and related reserves and financial transactions, are in compliance with annual reporting requirements of the District and GASB; ensures the District is in compliance with all guidelines and reporting requirements of any associated debt financing entity, and with IRS guidelines; analyzes need for new debt issuance and makes recommendations
Reviews and improves the District’s debt and reserve policies and develops any other necessary financial policies; reviews and improves financial administrative guidelines and recommends new financial policies and administrative guidelines as required
Provides support to the Accounting and Treasury Manager in the development of the Annual Comprehensive Financial Report
Stays current on legislative and tax changes, GASB guidelines, and any other pertinent guidelines that affect the Finance & Administration Department; works with the Director of Finance & Administration to make recommendations on policy or procedural changes to ensure compliance with identified changes; implements policy and procedural changes as needed
Manages use of the budget software system and works with the system’s logic and capability to maximize information output; understands and guides others on the logic of any interfacing software and instructs users on how to reconcile financial data and transactions between software systems
Recommends business process changes to cross-functional management peers to achieve improved joint performance efficiencies; implements business process changes and measures performance
Interviews and hires new employees; plans and evaluates the performance of staff; establishes performance requirements and personnel development targets; monitors performance and provides coaching for performance improvement and ongoing development
Contributes to overall strategic planning for the Finance & Administration Department and District-wide and develops financial plans that are consistent with overarching District goals and objectives
Prepares documents and reports in a way that promotes transparency, including preparation of the budget in accordance with industry best practices, and preparation of Budget-in-Brief and Popular Annual Financial Report documents with a focus on making financial information more accessible
Performs other related work as required
Qualification
Required
Possession of a Baccalaureate degree from an accredited college or university with a major in accounting, finance, or a related field
Four (4) years of journey-level financial analysis, rates, and budget experience using a computerized financial management system, including one (1) year of lead experience
Completion of the District's Leadership Skills Training Program is required following hire if not previously completed
Supervisory experience desired
Benefits
Health Insurance : Coverage is provided through the CalPERS Health program. Under the Cafeteria Plan, employees will receive a flex dollar allowance to purchase healthcare coverage, and qualifying voluntary products.
Dental and Vision : Coverage for the employee and eligible dependents is fully paid by the District.
Retirement : California Public Employees Retirement System (CalPERS) benefit depends on whether the employee is a "new" member or "classic" member under state law.
Social Security/Medicare : The District does not participate in Social Security, but provides a 1.45% matching Medicare contribution.
Retiree Health Benefits : Coverage is provided through the CalPERS Health program. The District's contribution for retiree coverage shall be the PEMHCA minimum contribution as determined by CalPERS on an annual basis.
Life Insurance : The District provides you with Basic Life Insurance and Basic AD&D Insurance of one and one half times your annual salary to a maximum of $250,000. There is no cost to employee for this insurance.
Long Term Disability : The District provides you with Long Term Disability Income Insurance of 66 2/3% of monthly earnings with a maximum monthly benefit of $15,000.
Short Term Disability : Coverage is provided through the District for employees working more than 20 hours per week at 66 2/3% of base weekly earnings for the first 12 weeks up to a weekly benefit maximum of $2,350.
Deferred Compensation : The District has two (2) Deferred Compensation Plans in which employees may participate: a. 457 Plan - Allows employees to specify a dollar amount to contribute toward retirement, up to an annual maximum. Employees may begin or stop making contributions to this plan at any time. b. 401(a) Plan - Provides a one (1) time, irrevocable opportunity for employees to contribute a percentage (1% - 20%) of their salary toward retirement, up to an annual maximum.
Vacation : 10 days first year, increasing to 25 days after 20 years.
Holidays : 12 days per year.
Sick Leave : 12 days per year
Management Leave : 80 hours to 96 hours of Management Leave per calendar year (depending on classification).
Employee Assistance Program : Up to 6 sessions for employees and family members for professional consultation and short-term counseling for personal problems.
Tuition Reimbursement : The District will reimburse 100% of the total tuition and textbook costs incurred in taking courses outside of normal working hours related to District employment up to an annual maximum of $5,250.
Company
Alameda County Water District
Alameda County Water District is a water utility company that supplies drinking water to residents of Fremont, Newark and Union City.
201-500 employees
Funding
Current Stage
Growth StageRecent News
East Bay Times
2022-12-16
Company data provided by crunchbase