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Los Angeles County Metropolitan Transportation Authority

Job Specification

CHIEF FINANCIAL OFFICER

 

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Pay Grade
HDD ($222,664.00 - $278,844.80 - $335,025.60)
Job Summary
Leads the overall direction of the Office of Management and Budget (OMB), including Finance, Treasury, and Accounting.
Duties and Responsibilities
  • Leads assigned major functional areas, directing the establishment of goals, major priorities, and the development of strategies, as well as resolution of major problems
  • Develops and establishes agency-wide policies, procedures, standards, and systems for ensuring accountability for financial performance and the use of finance and budget as management tools
  • Oversees departments, including developing, monitoring, and adhering to Metro′s policies, procedures, and budget, and achieving assigned units′ goals and objectives
  • Oversees utilization of funding sources and ensures adequate funding to meet ongoing project commitments
  • Leads the development of transportation funding policies for all state and local sales tax funds
  • Oversees the triennial review of Metro′s departments
  • Oversees and reviews funding applications for various programs
  • Administers major funds, acquisitions, contracts, and vendor relations
  • Develops new sources of revenue
  • Leads the overall development of strategies and resolutions to major financial issues in the long-range planning and annual budget cycles
  • Works with outside agencies and policy makers to secure support programs and create partnerships; chairs and serves as a member of inter-departmental and inter-agency committees
  • Develops strategies to sustain a balanced budget, including the prioritization and controlling of expenditures, make/buy analysis, and the optimization of sources and uses of funding
  • Leads the development of financial models and projections for the multi-year business plan
  • Leads the development of the transportation funding policies for all state and local sales tax funds
  • Responsible for the Regional TAP (Transit Access Pass) Center and technical development, evaluation, analysis, reporting, and monitoring of mass transit revenue collection and services
  • Responsible for the integration of all regional fare products, including Metrolink and municipal operators′ tariff and transfer rules, and EZ passes (pass for travel on various public transit carriers throughout the region), into TAP technology
  • Coordinates with federal, state, and local agencies to ensure compliance with statutes and guidelines
  • Leads the development of agency-wide capital and operating budgets and manages agency-wide budget performance
  • Leads the development of and updates long-range staffing plans, resource needs, and contingencies to support Metro projects
  • Represents Metro at meetings and conferences with public agencies, the private sector, public and corporate officials, and the general public
  • Formulates policy recommendations for the Chief Executive Officer (CEO) and Metro's Board of Directors, attends Board meetings, and presents reports to the Board
  • Directs the conducting of studies, investigations, and analyses at the direction of CEO and Board of Directors, including reports of findings and recommendations
  • Meets with officials on programs, proposals, and related issues
  • Supervises, trains, mentors and motivates assigned staff
  • Contributes to ensuring that the Equal Employment Opportunity (EEO) policies and programs of Metro are carried out


    May be required to perform other related job duties

Essential Knowledge, Skills and Abilities


Knowledge of (defined as a learned body of information that is required for and applied in the performance of job tasks)
  • Theories, principles, and practices of program areas related to financial services, capital and operating budgeting, public finance, generally accepted accounting principles (GAAP), financial controls and financial information systems, and investing for a large public agency
  • Theories, principles, and practices of transportation and land use planning, capital planning, grants management, project management, funds programming, contract administration and negotiation, and business and public administration
  • Applicable local, state, and federal laws, rules, and regulations governing benefit plan administration and regulations, budgeting and funding, and transportation planning and programming for a public transportation agency
  • Civil Rights statutes, regulations, and guidance pertaining to Disadvantaged Businesses, including Statute 1101b and Regulation 48 CFR Part 26
  • Organization and procedures of local, state, and federal government entities, including legislative and funding policies and procedures
  • Program development and implementation
  • Capital and operating budgets
  • Social, political, and environmental issues influencing transit programs
  • Modern management theory

Skill in (defined as the proficient manual, verbal, or mental utilization of data, people, or things)
  • Planning, organizing, and directing the integrated work of a multi-tiered organizational unit
  • Developing and implementing objectives, policies, procedures, work standards, and internal controls
  • Determining strategies to achieve goals
  • Analyzing situations, identifying problems, developing and implementing solutions, and evaluating outcomes
  • Exercising sound judgment and creativity in making decisions
  • Communicating effectively orally and in writing
  • Interacting professionally with various levels of employees, outside representatives, and public officials, the media, and the community at large
  • Mediating and negotiating
  • Leading, supervising, training, mentoring, and motivating assigned staff

Ability to (defined as a present competence to perform an observable behavior or produce an observable result)
  • Perform complex financial analyses, comprehensive reports, and correspondence
  • Handle highly confidential information
  • Establish and maintain cooperative working relationships
  • Understand, interpret, and apply laws, rules, regulations, policies, procedures, contracts, budgets, and labor/management agreements
  • Plan financial and staffing needs
  • Represent Metro before the Board of Directors, elected officials, and the public
  • Read, write, speak, and understand English
Minimum Qualifications
A combination of education and/or experience that provides the required knowledge, skills, and abilities to perform the essential functions of the position. Additional experience, as outlined below, may be substituted for required education on a two-for-one year basis. A typical combination includes:

Education
  • Bachelor's Degree in Public Administration, Business Administration, Finance, Accounting, Economics, or a related field; Master's Degree in Public Administration, Business Administration, Finance, Accounting, Economics, or a related field preferred

Experience
  • Five years of relevant executive management-level experience in one or more of the relevant departmental functions including budget, finance and treasury, and/or accounting

Certifications/Licenses/Special Requirements
  • A valid California Class C Driver License or the ability to utilize an alternative method of transportation when needed to carry out job-related essential functions
  • CPA (certified public accountant) or CMA (certified management accountant) preferred
Special Conditions
The physical demands described are representative of those that must be met by the employee to successfully perform the essential functions of this job. Metro provides reasonable accommodation to enable individuals with disabilities to perform the essential functions.

Working Conditions
  • Typical office situation
  • Close exposure to computer monitors and video screen

Physical Effort Required
  • Sitting at a desk or table
  • Operate a telephone or other telecommunications device and communicate through the medium
  • Type and use a keyboard and mouse to perform necessary computer-based functions
  • Communicating through speech in the English language required
 

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Job GroupJob Class CodeFLSA StatusDate OriginatedDate Revised
Non-Contract4174Exempt13-NOV-1322-AUG-19

Disclaimer
This classification is at-will and the incumbent serves at the pleasure of the hiring authority.

This job specification is not to be construed as an exhaustive list of duties, responsibilities, or requirements.

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