Los Angeles Community College District

Chief Financial Officer/Treasurer (#1010)

$92.45-$114.52 hourly / $16,023.50-$19,850.31 monthly / $192,282.00-$238,203.72 annual


Special Note

This position is designated as a Senior Administrative Position (see Help Topics on Welcome Page for additional details).

Definition

Serves as the executive head over all financial operations of the District including directing the development of financial strategies, policies, programs, models, controls, and standards to insure the financial integrity and performance of the colleges and support of the overall operational and strategic missions of the District.

Typical Duties

Develops an overall financial plan for the District and provides high-level financial analysis consistent with the District’s vision and long-range plans by:

Acting as the District’s top finance expert by recommending management decisions related to long and short-range general and financial objectives, plans, policies, and actions.

Directing the analysis of financial, budget and accounting reports and activities to measure current and forecast future performance levels, deficiencies and requirements which may affect the ability of the District to meet financial, regulatory and operational performance standards and goals.

Developing projections of revenue and expenditures, and constructing alternative financial models for use in financial planning.

Participating in the development of performance measures designed to provide timely communication to operating departments regarding their financial performance and achievement of financial goals and objectives.

Providing technical advice and assistance to executives of the District on complex problems related to financial planning, general and special funds accounting, payroll, student financial aid management, investment activities and internal controls.

Developing and/or reviews proposals for new or revised legislation, funding mechanisms, regulations, and controls affecting all financial activities of the District.

Representing the District’s financial position and interests before federal, state and local legislative and administrative bodies, with the financial community at large, and other educational institutions.

Plans, develops, directs, evaluates and controls the District’s treasury operations which include cash management, investment management, risk management and tax management by:

Analyzing projects and implementing cash management strategies based upon projected income.

Conducting studies of cash on hand and cash flow requirements to determine investment schedules.

Managing the District’s investment portfolio.

Analyzing and monitoring the market status of current and proposed investments.

Representing the District in securing investment bonds from underwriters.

Ensuring availability of funds for debt service payments and proper accounting for bond funds.

Overseeing maintenance of accounting records of investments, including forecasting and apportioning investment income.

Advising College Presidents on the appropriate investment of local funds.

Provides administrative direction to the District’ internal audit and special investigation unit which includes, but is not limited to complex audits of financial, operational, compliance, internal control, illegal/improper/unethical activities investigations, and high risk information system related issues by:

Directing the development and implementation of a multi-year audit plan based on systematic and on-going risk assessment conducted in coordination with senior and operational management and the external auditors.

Recommending internal control policies, guidelines, and procedures for business, financial and general operational activities of the District.

Representing the District with external auditors and representatives of financial and regulatory institutions and agencies.

Directs the development and maintenance of computerized management information systems and controls related to assigned responsibilities.

Directs the selection, training, and supervision of assigned unit personnel to ensure proficient performance and a productive environment.

Directs and/or prepares correspondence, reports, and presentations related to assigned areas.

Performs related duties as assigned.

Distinguishing Characteristics

A Chief Financial Officer/Treasurer is the executive head over all financial operations of the District and its colleges which include treasury, general and special funds accounting, budget, payroll, tax, audit, and related activities. The Incumbent in this class is also responsible for directing the establishment of financial and accounting system controls and standards and ensuring timely financial and statistical information for management and/or Board use.

 

A Director of Budget and Management Analysis is responsible for planning, developing, implementing, managing and evaluating the District’s budget and financial resources.

 

A Director of Accounting plans, organizes, coordinates, evaluates, and directs the District’s general and special funds accounting, payroll, and related operations.

Supervision

General direction is received from the Chancellor. General supervision is exercised over management, professional, and supervisory staff of the District's Budget and Management Analysis, Accounting and Disbursement, and Internal Audit Departments.

Class Qualifications

Knowledge of:

Principles, theories and concepts of financial management

Principles, methods, and techniques of budgeting

Principles, methods, techniques of accounting with an emphasis on governmental accounting

Principles, theories and concepts of fund management, investment, and debt administration

Principles and practices of banking institutions and financial markets

Principles, practices and procedures of auditing

Research, statistical, and forecasting methods used in financial analysis and management

Sources and bases of funding for post-secondary educational institutions and programs in the State of California

Federal, state and local laws, ordinances, codes, and regulations related to financial management of a community college

State legislative processes and procedures

Capabilities of computer applications and hardware in the management of financial systems

Organization, functions, and inter-relationships of operating units and programs of the District

Principles and practices of organization and management

Principles and practices of business and public administration

Principles of supervision and training

Ability to:

Direct the financial planning, investment, and internal audit activities of the District

Formulate long and short-range financial plans

Recognize critical elements of problems, develop and evaluate data, determine solutions, and make logical recommendations

Design and manage effective control, information and documentation systems

Interpret and apply laws, rules, regulations, and policies related to financial planning and internal audit operations

Anticipate conditions, plan ahead, establish priorities, and meet schedules

Act independently and promptly to situations and events

Effectively utilize computer systems and software in the performance of duties

Prepare effective written communications, reports, and presentations

Effectively communicate highly technical information concisely and in understandable terms

Provide leadership and technical assistance to others

Motivate, direct, train, and develop others

Stimulate teamwork and promote cohesiveness to achieve branch and District goals

Establish and maintain effective relationships with District personnel and representatives of government agencies and various private organizations

Entrance Qualifications

A Well Qualified Candidate will have:

A bachelor's degree from a recognized university preferably with a major in finance, accounting, business administration, economic, public administration, or a closely related field. An advanced degree in a related field is desirable.

Five years of professional-level experience in a senior management position responsible for the financial operations of a medium to large scale public agency. Experience with a public educational institution is desirable.

Special:

A valid Class "C" California driver's license must be obtained within 60 days of appointment. Travel throughout the District may be required. Must meet the requirements for bonding

Reasonable Accommodations

Our class specification generally describes the duties, responsibilities, and requirements characteristic of the position(s) within this job class. The duties, responsibilities, and requirements of a particular position within this class may vary from the duties of other positions within the class.

In accordance with the Americans with Disabilities Act (ADA), the Los Angeles Community College District provides reasonable accommodation to qualified individuals with covered disabilities on a case-by-case basis throughout the application, examination, and hiring processes and throughout employment. If an individual is in doubt about his or her ability to perform the duties and responsibilities of a position or possession of any other requirement noted in a class specification or job announcement, he or she should always apply for a position and request reasonable accommodation at the appropriate time.

 


CLASS: 1010; EST: ; REV: 2/26/2013;