County of Alameda

DESCRIPTION

Under general direction, assists, organizes, and coordinates the program compliance and financial activities within major programs of the Bonds and Finance Department of the Community Development Agency; serves as a member of the management team; and performs related duties as required.

DISTINGUISHING FEATURES

The Bonds and Finance Coordinator is located in the Community Development Agency (CDA). The incumbent has coordination and supervision responsibility for one or more major programs, and assists in the administration of financial and/or program compliance activities. This classification is distinguished from the Director of Finance, CDA, in that the Coordinator assists in the administration of real estate loan instruments, assessment/districts, redevelopment financing, bonds and bonds compliance asset management, statutory financial and program audits, budgets, grants and financial contracts for the Agency. The Director of Finance, CDA has overall responsibility for agency-wide direction and policy decision-making for all activities related to bonds, finance, assessment districts redevelopment financing, budgets and program compliance. This class if distinguished from the class of Bonds and Finance Manager in that the latter is responsible for planning, organizing and directing program compliance and financial activities within major programs of the Bonds and Finance Department of the Community Development Agency. This class is further distinguished from the class of Bonds and Finance Technician in that the latter is responsible for processing and record-keeping of program compliance information and monitoring data on an automated system, with no supervisory responsibilities.

EXAMPLES OF DUTIES

NOTE: The following are the duties performed by employees in this classification. However, employees may perform other related duties at an equivalent level. Each individual in the classification does not necessarily perform all duties listed.

1. Assists and coordinates administration of programs of the Bonds and Finance Department of the Community Development Agency including housing bonds, public improvement assessment districts, Surplus Property Authority, county service areas, budgets, statutory audits, grants management and Redevelopment financing. Conducts administrative and program compliance of bond issues in other jurisdictions, and assessment districts. Assists the Director of Finance, CDA in collaborating with program lenders, trustees and legal counsel.

2. Coordinates bond financing activities with investment banking firms, bond counsel, underwriters, commercial lenders, businesses and developers; assembles and reviews financial documents; and monitors repayment and compliance with regulations.

3. Researches and reports on the impact of proposed laws, regulations and procedures relating to bonds and finance.

4. Coordinates the preparation of financial statements for a major program. Assists and coordinates internal and external division program audits. Assists the Director of Finance, CDA in collaboration with the Auditor-Controller for County audits.

5. Reviews documents for housing programs; reviews and determines appropriate types of financing, cost allocations, accounting, and researches availability of program funding with budgets; prepares applications for funding; and prepares various reports for Agency managers and department heads.

6. Supervises technical staff responsible for work in a major program, including loan portfolio bond issues compliance, public improvement assessment district, grants management, budgets, audits, redevelopment financing, Surplus Property Authority, and county service area administration.

7. Assists and coordinates investments of available program funds with County Treasurer, bankers and bond trustees; and coordinates project-related issues with program staff and funding sources.

8. Monitors policies and procedures to ensure compliance with bond requirements; and prepares Requests For Proposals (RFP) to obtain services.

9. Develops, designs and assists with administration of accounting and fiscal systems and procedures.

MINIMUM QUALIFICATIONS

Either I

The equivalent of four years full-time experience in the class of Bonds and Finance Technician III in the Alameda County classified service. (Non-classified includes District Attorney’s Office, Hospital Authority, and the Consolidated Courts.)

Or II

The equivalent of one year full-time experience in a financial management class in the Bonds and Finance Department within the Community Development Agency.

Or III
Education:

Graduation from an accredited college or university with a bachelor's degree in accounting, finance or business; AND

Experience:

The equivalent of three years of full-time increasingly responsible analytical, administrative and/or management experience in bonds administration, finance, accounting, real estate loan procedures, and assessment/redevelopment districts.

OR IV
Education:

The completion of 60 semester unit hours or 90 quarter unit hours from an accredited college or university with emphasis on accounting, finance or business; AND

The equivalent of five years full-time increasingly responsible analytical, administrative and/or management experience in bonds administration, finance, accounting, real estate loan procedures, and assessment/redevelopment districts

NOTE: The Civil Service Commission may modify the above Minimum Qualifications in the announcement of an examination.

KNOWLEDGE AND SKILLS

NOTE: The level and scope of the following knowledge and abilities are related to duties listed under the “Examples of Duties” section of this specification.

Knowledge of:

• Federal, State, and local laws, codes, regulations and ordinances related to financing for real property, community development and improvement.
• Principles and practices of fiscal management and investment.
• Financial services for bond financing and accounting.
• Requirements of organization, servicing and administration of bond issues, assessment and redevelopment districts.
• General and governmental accounting principles and procedures.
• Real Estate loan procedures and practices.
• Procedures related to government-subsidized housing and community development programs.

Ability to:

• Communicate in writing.
• Communicate orally.
• Make decisions.
• Analyze and problem solve.
• Exercise leadership.
• Demonstrate interpersonal sensitivity.
• Be flexible.
• Manage personnel
• Plan and organize.

CLASS SPEC HISTORY

HC:pb:11/4/92
DF:jc Revised 3/99
Csc date 4/14/99
Old document: 1197H
New doc: /2958.doc
ys/2/01
JC:pf Rev. 7/3/01
CSC date: 7/18/01
DRH:po revised/retitled 1/15/08
old title: Commty Dev Agency Finance Coord.
CSC Date: 2/27/2008

BENEFITS

Alameda County offers a comprehensive and competitive benefits package that affords wide-ranging health care options to meet the different needs of a diverse workforce and their families. We also sponsor many different employee discount, fitness and health screening programs focused on overall well being.  These benefits include but are not limited to*:

For your Health & Well-Being

• Medical – HMO & PPO Plans
• Dental – HMO & PPO Plans
• Vision or Vision Reimbursement
• Share the Savings
• Basic Life Insurance 
• Supplemental Life Insurance (with optional dependent coverage for eligible employees)
• Accidental Death and Dismemberment Insurance 
• County Allowance Credit
• Flexible Spending Accounts - Health FSA, Dependent Care and Adoption Assistance
• Short-Term Disability Insurance
• Long-Term Disability Insurance
• Voluntary Benefits - Accident Insurance, Critical Illness, Hospital Indemnity and Legal Services
• Employee Assistance Program

For your Financial Future

• Retirement Plan - (Defined Benefit Pension Plan)
• Deferred Compensation Plan (457 Plan or Roth Plan)

For your Work/Life Balance

• 12 paid holidays
• Floating Holidays
• Vacation and sick leave accrual
• Vacation purchase program
• Management Paid Leave**
• Catastrophic Sick Leave
• Group Auto/Home Insurance
• Pet Insurance
• Commuter Benefits Program
• Guaranteed Ride Home
• Employee Wellness Program (e.g. At Work Fitness, Incentive Based Programs, Gym Membership Discounts)
• Employee Discount Program (e.g. theme parks, cell phone, etc.)
• Child Care Resources
• 1^st United Services Credit Union 

*Eligibility is determined by Alameda County and offerings may vary by collective bargaining agreement.  This provides a brief summary of the benefits offered and can be subject to change.

** Non-exempt management employees are entitled to up to three days of management paid leave. Exempt management employees are entitled to up to seven days of management paid leave.