Fort Pierce Utilities Authority
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Director of Financial Services
at Fort Pierce Utilities Authority
- Position Summary and Qualifications
We are seeking a dynamic, highly experienced Finance professional to assume a vital leadership role in our local municipal utility as our Director of Financial Services. This position oversees all financial aspects of our business and drives the company's financial strategy and planning. The Director of Financial Services manages all financial operations of FPUA to include overall financial management and planning to ensure efficient and profitable operations. Reporting to the Director of Utilities, will lead and develop ten Finance team members in budgeting, statistical reporting, financial accounting and rate making, as well as cash and debt management. Holds significant responsibility for safeguarding FPUA assets. FPUA provides services to Fort Pierce and is one of more than 2,000 communities in the United States served by a community-owned electric utility and one of a very few also providing water, wastewater, natural gas, and internet services. The successful candidate will have advanced communication, critical thinking and leadership skills, as well as an in-depth knowledge of financial and tax laws and regulations. FPUA offers exceptional benefits and the opportunity to join a dynamic team focused on the provision of services to a diverse population on the beautiful scenic Treasure Coast.
Thorough knowledge of:
- utility accounting, financing, auditing, asset management, rate development, expenditure control systems, and procedures (best practices).
- maintenance of current accounting systems.
- State of Florida Sales and Gross Receipts Tax Law.
- applicable laws, regulations, procedures, and processes governing the receipt, custody, and expenditure of public funds.
- effectively plan, organize, and manage the Finance team comprised of professional and para-professional personnel.
- supervise the preparation of meaningful and informative special and regular financial and statistical reports of a complex nature.
- communicate clearly and concisely, verbally and in writing, and through the use of state of the art presentation techniques.
- establish and maintain effective working relationships with subordinates, other employees, officials, and the general public.
- Graduation from an accredited college or university with a Bachelor's Degree in Accounting, Finance, Business Administration, or related field. Master's Degree preferred. Ten (10) years of progressively responsible experience in accounting and financial management, preferably in government or utility industry. Strong leadership skills and professional certification (CPA or CMA) is required. Proficiency at the expert level in the use of Excel and Word is essential, as well as ability to create PowerPoint presentations. .Experience in Dynamics GP and Cogsdale CSM software desired.
A comparable amount of applicable training and experience may be considered in lieu of some minimum stated qualifications.
- (NOTE: There are also secondary functions, which the employee will be required to perform.)
Provides and implements strategic and tactical planning processes. Coordinates the financial activities of the system with the development of long-term expansion and reconstruction programs.
Plans, organizes, directs, and reviews the functions and operations of the FPUA Department of Finance.
Responsible for effective, timely, clear and concise communications of FPUA business via formal presentations to the FPUA Board; is accountable for administering FPUA Board approved policies and procedures; is accountable for fair, timely employee evaluations done for all employees within Finance; and is responsible for the development of staff.
Formulates accounting, financial, budgeting, internal control, and related asset management policies and procedures, and FPUA Policies and Procedures overall, which are intended to provide reasonable assurance that legal and financial compliance is maintained.
Directs and manages the utility ratemaking process with the assistance of subordinates, FPUA staff, and outside consultants.
Responsible for preparation of FPUA's Comprehensive Annual Financial Report and Annual Budget. Directs and manages the budget process (planning, reviewing, and preparing the Personnel, O&M, Capital and Revenue budgets).
Reviews and approves submittal of the annual budget. Initiates and approves fund transfers.
Responsible for assuring that Dynamics GP, Cogsdale and other financial software applications meet the needs of the Department of Finance. Reviews and recommends changes to security settings within FPUA's core business systems and computer network as needed.
Directs the development of controls, systems, and procedures that promote effective and efficient financial operations within the FPUA.
Analyzes, interprets, and presents complex financial data and prepares recommendations for consideration by the Director of Utilities, Board, financial community, and staff.
Maintains, prepares, supervises the preparation of regular and special financial and statistical statements and reports to Federal, State, and Local Regulatory Bodies, Taxing Authorities, Trade Associations, and Investors.
Directs and manages the preparation of long-range forecasts and projections.
Responds to policy questions, including those which deviate from prescribed patterns and procedures.
Pursues and achieves national recognition by receiving the Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting and Distinguished Budget Presentation Award, which evidences FPUA's spirit of transparency and full disclosure.
Signs tax and regulatory reports as required. Co-signs all FPUA checks. Oversees expenditure controls on all funds. Approve purchases in accordance with established procedures up to $10,000.
Responsible for facilitating the FEMA cost accounting, reimbursements, reporting, close-out and audit processes.
Serves on various Committees and Boards.
Ensures completion of additional work assignments or projects as assigned by the Director of Utilities.