9187 Deputy Director II, MTA (Chief Financial Officer)
|Specialty||Director of Finance & Information Technology|
|Department||Municipal Transportation Agency|
|Date Opened||8/7/2018 11:00:00 AM|
|Salary||$181,714.00 - $231,868.00/year|
|Job Type||Permanent Exempt|
Announcement has been extended to accept additional applications. Interested applicants are encouraged to file immediately as the recruitment may close at any time.
The San Francisco Municipal Transportation Agency (SFMTA) is seeking a highly qualified and dynamic professional for the position of Chief Financial Officer/Director of Finance and Information Technology Division (CFO). High-level and expansive duties as the top financial advisor for the Agency include preparing and overseeing the FY2019 Operating Budget ($1.2 billion) and FY2019 Capital Budget ($514 million) along with ten business support units including: contracts/procurements, facilities, grants administration, performance measurements, real estate and related activities, debt financing/issuance, capital financing, in addition to overseeing staff in more typical financial functions related to finance, accounting, and information technology. The CFO has 9 direct reports and a combined staff of 400. The entire SFMTA organization consists of 5,950 staff.
Ideal candidates will possess great interpersonal, communication and presentation skills, and have the ability to collaborate, partner, and represent the interests of SFMTA in a fast moving, diverse, and engaged workplace. A passion for public transportation and a strong believer in public access and use of the transportation and transits systems offered by the SFMTA will definitely be a plus for the selected candidate. In addition to working closely with the Director of Transportation (“General Manager”) and the leadership team at SFMTA, the CFO has frequent interaction, involvement and presentations in a public forum with elected and appointed officials, the Board of Supervisors, the Mayor’s Office, City’s Controller, stakeholders, and community and regional partners.
Overview of the Position
Reporting to the Director of Transportation (“General Manager”), the CFO provides financial leadership to the San Francisco Municipal Transportation Agency, leading and directing the Finance and Information Technology Division’s activities. The CFO is responsible for the effective and efficient operation of ten business support sections within the Finance and Information Technology Division, including Administration, Accounting & Operating Budget, Administrative Hearings, Capital Finance, Contracts & Procurement / EEO and Contract Compliance, Financial Services and Revenue Contracts, Strategic Real Estate, Revenue Collection & Sales, Information Technology, and Performance, which is comprised of approximately 400 employees.
The position is responsible for all fiscal and fiduciary management aspects agency-wide including maintaining the Agency’s visibility and high credit rating among investor and bond rating agencies. It is responsible for administering an Annual Operating Budget of $1.2 billion and a $3.6 billion 5-year Capital Improvement Budget. The Agency also has obtained a highly rated bond rating by Standard & Poor’s (AA Stable) and Moody’s (Aa2 Stable) rating agencies.
This position is critical to the Agency and plays an active role in developing and implementing the Strategic Plan through the following policies, procedures, and initiatives:
• Secures additional funds, including grants, as needed to support SFMTA’s priorities;
• Fully implements Grant Management and Compliance functions;
• Ensures efficient and effective use of resources and improve internal controls;
• Manages real estate assets effectively;
• Improves the organization’s financial stability and ensures transparency of financial status;
• Leads, plans, designs, implements, maintains, and supports technology systems, processes, and solutions based on business requirements, best practices, and industry standards;
• Improves data collection and management reporting to champion delivery of excellent transportation services; and
• Incorporates state-of-the-art technology in day-to-day business processes to enhance customer experience.
In addition to managing internal and external resources and upholding an organizational cultural of collaboration, communication and accountability, the CFO is also involved in an array of other important and critical duties including:
• Prepares five-year capital plans, and two-year capital and agency-wide operating budgets in alignment with the SFMTA’s Strategic Plan;
• Develops and maintains the SFMTA’s Capital Budget, includes negotiating the SFMTA’s Capital Budget two-year capital and operating budget through the SFMTA Board of Directors, Mayor’s Office, and the Board of Supervisors;
• Oversees all accounts; ledgers and financial reporting systems; coordinates the preparation of financial statements, ongoing disclosure reports, budget analyses and other financial reports;
• Ensures timely and accurate fulfillment of city, state, and federal financial and budgetary report requirements, including applicable legal and regulatory compliance; and establishes and maintains appropriate internal control safeguards;
• Directs financial strategy, planning, and forecasting; develops financial business plans and forecasts; explores and executes analysis of various business initiatives and revenue streams for the SFMTA; completes analysis of financial results and develops recommendations; and prepares and maintains regular financial planning reports;
• Oversees the Information Technology Section to ensure investments provide maximum value to business Sections and that enterprise technology improves SFMTA’s ability to deliver the Agency’s IT initiatives, programs, and projects;
• Stays abreast of changing information technologies, and makes recommendations on new technology tools and approaches to improve service delivery;
• Defines and envisions the future information and technology needs for SFMTA;
• Communicates with each Division Deputy Director to understand and assess the future information and technology needs of each individual division;
• Provides executive level direction on all information technology projects including systems design, security, and technical support;
• Directs the development and maintenance activities for all information technology systems, infrastructure engineering, and operations and technical support;
• Ensures and maintains excellent customer service for internal and external stakeholders;
• Maintains collaborative working relationships with the Board of Supervisors, Mayor’s Office, the Controller’s Office, government and regulatory representatives, commissioners, special interests and neighborhood groups, and the general public;
• Represent SFMTA before, or provide information to, commissions, boards, committees; and representatives from federal, state, and local agencies, funding agencies, organizations, and the general public; and
• Serves on various planning and policy-making committees on a city-wide and regional basis.
The Ideal Candidate
The ideal candidate will possess exceptional financial acumen with successful leadership and executive level oversight of administrative and fiscal activities in a large, complex public agency with a heavy emphasis on public transportation, transit, capital, and construction related activities. A strong understanding and working knowledge of operations is essential. Additionally, this top candidate will have will be a big picture thinker, strategic in his/her approach, and be a seasoned professional able to handle negotiations and conflict resolution, as needed. The ideal candidate will also have the ability to ensure transparency and accountability in all financial transactions, consistent with the highest level of professional and ethical standards.
This top financial executive will have the experience to effectively work in and with high performance teams that include multiple agencies and financial consultants and manage in an environment where diverse and sometimes conflicting interests must be considered. This top caliber CFO will also have the ability to establish and maintain effective working relationships with other SFMTA deputy directors, managers, staff, commissions, boards, elected officials, tenants, community, regulatory groups, and SFMTA partners.
Qualifying Experience and Education
Education: Possession of a Bachelor’s degree from an accredited college or university with major course work in accounting, finance, public policy, business administration, or a closely related field is required. An advance degree (MBA or MPA) is a plus.
Experience: Ten years of senior level management experience in strategic planning and execution, overseeing complex financial and business operations within a diverse, division-based department. Experience should include negotiating annual budgets with elected officials; successfully partnering with operating departments; gathering and evaluating financial information and making actionable recommendations to senior leadership; and partnering with executive staff in a senior financial-management role resulting in the development and implementation of creative financial management strategies.
Substitution: Possession of a Master’s degree from an accredited college or university in accounting, finance, public policy, business administration, or closely related field may substitute for two years of the required experience.
Certification: Licensed as a Certified Public Accountant (CPA) or other financial designation is not required although may be a plus.
How to Apply:
Interested candidates should apply as soon as possible as the recruitment may close at any time by submitting a compelling cover letter and comprehensive resume via email to email@example.com. For additional information, confidential inquiries are welcomed to Heather Renschler or Robert Burg at (916) 630-4900.
For additional details on the position, please click here to view the recruitment brochure.
WOMEN, MINORITIES, AND PERSONS WITH DISABILITIES ARE ENCOURAGED TO APPLY
AN EQUAL OPPORTUNITY EMPLOYER
As a finalist for a job, you will be fingerprinted, and your fingerprints will be sent to the California Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI). The resulting report of your conviction history (if any) will be used to determine whether the nature of your conviction (or arrest, in limited circumstances) conflicts with the specific duties and responsibilities of the job for which you are a finalist. If a conflict exists, you will be asked to present any evidence of rehabilitation that may mitigate the conflict, except when federal or state regulations bar employment in specific circumstances, such as:
- Candidates for positions with the Unified School District and the Community College District may be disqualified from consideration should their conviction history not meet the standards established under the California Education Code.
- Candidates for positions with the Recreation and Park Department may be disqualified from consideration should their conviction history not meet the standards established under California Public Resources Code 5164.
Having a conviction history does not automatically preclude you from a job with the City.
If you are selected as a finalist, the hiring department will contact you to schedule a fingerprinting appointment.
Disaster Service Workers
All employees hired on or after January 10, 2009 will be required (pursuant to San Francisco Charter Section A8.432) to contribute 2% of pre-tax compensation to fund retiree healthcare. In addition, most employees are required to make a member contribution towards retirement, ranging from 7.5%-13.25% of compensation. For more information on these provisions, please contact the personnel office of the hiring agency.