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Sr. Vice President, Chief Financial Officer

Metropolitan Utilities District Omaha, NE Salary, $221,780 - $332,671
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Job Title: Sr. Vice President, Chief Financial Officer

Reports To :President

Visit https://www.mudomaha.com/careers under the Careers section to view the full application and detailed employment brochure for this job opportunity.

Position Summary The Senior Vice President, Chief Financial Officer (CFO), is accountable for planning, organizing, directing and controlling the financial affairs of the District, providing for the required financial resources, ensuring the financial soundness of the organization, and overseeing the financial staff functions of Accounting (which encompasses General Accounting/Financial Reporting, Payroll, Disbursements/Cash Management and Financial Planning & Analysis), Rates/Regulatory Affairs, and Internal Audit. In the course of directing the financial affairs of the District, the CFO will interact and represent the District with key stakeholders such as the Board of Directors, Senior Management, customers, District employees, credit rating agencies, banking officers, external auditors, financial advisors, and other key external professional providers, organizations, and committees or boards as required. As a member of the Senior Management team, the CFO role contributes to the definition and attainment of critical District objectives.

Minimum Requirements
•Required - Minimum of 10 years of accounting experience and ten (10) years ofmanagement experience to include, but not limited to, financial reporting,budgeting/planning, financial analysis, public finance disclosures, actuarial valuations,human capital, technical accounting theory, asset, and cash management. and
•Required - Previous experience with the preparation and presentation of financial reportsand statements which provide a clear and concise overview of financial position. and
•Required - Previous experience building professional relationships with banks, creditrating agencies and investment advisory firms to secure financing, via bond issuances orbank lending, at the most favorable terms possible. and
•Required - Extensive experience working with internal and external independent auditors;recommending and implementing process/policy change to positively impactorganizational integrity. and
•Required - Demonstrated business experience and expertise to allow for partnering withcolleagues to ensure that decisions are made that are consistent with the financialneeds/goals of the Distr

Education
•Required - Bachelor's Degree with emphasis in accounting, business, economics, or finance. and
•Preferred - Advanced degree
Licenses, Certifications and/or Testing
•Preferred - Certified Public Accountant (CPA) Upon Hire or
•Preferred - Certified Management Accountant (CMA) Upon Hire
•Required - Have and maintain a valid driver’s license Upon Hire
•Required - Pre-employment Background Check & Drug Screen Upon Hire

Knowledge, Skills and Abilities
•Strong working knowledge of Financial Accounting Standards Board (FASB), Governmental Accounting Standards Board (GASB) and other relevant accounting standards and regulations.
•Demonstrated ability to present and educate on financial related matters to ensure that all relevant concepts are understood to allow for effective decision making.
•Proven, professionally articulate individual who can relate to people at all levels within the organization including Board members, outside auditors and the public at large.
•Demonstrated business judgment and problem-solving skills to address/resolve complex business decisions.
•Comprehensive knowledge of employee benefit plan administration and funding to include, but not limited to, vendor selection, investment vehicles, plan distributions, fiduciary compliance, and consistent policy application.
•Strong analytical skills to anticipate capital needs and plan for both short-term and long-range projects/activities and competing projects across organizational lines.
•Demonstrated ability to manage revenue by developing rate structures, which effectively supply operating revenue while maintaining a financially sound organization.
•Proficiency with personal computers, tablets, and/or other electronic devices to include familiarity with, but not limited to, Microsoft Office Suite (Excel, Outlook, Word) and enterprise wide software (e.g., SAP). (Intermediate proficiency)
•Ability to learn new or upgraded computer software as required.
•Highly developed written and oral communication skills to author and or contribute to various communications pertinent to the District addressing both financial and broader business and customer-related topics, regardless of provocation.
•Demonstrated ability to adapt to changing priorities and work effectively in evolving and diverse circumstances.
•Travel is occasionally required

Essential Functions
•Contribute to the District’s planning, setting of corporate policy, and the development of strategy to attain established objectives. Responsible for the business strategy development function.
•Direct the development and maintenance of reliable financial records, reports, and statements to inform the Board of Directors and Management of the District’s financial condition, and to comply with Generally Accepted Accounting Principles (GAAP), Internal Revenue Service (IRS) guidelines and other legal requirements.
•Provide financial statements in compliance with standards and regulatory literature, comparison to both budget and prior year, cash flow analysis and explanations so users can clearly understand the results.
•Ensure the District’s capital needs are appropriately anticipated and defined to allow for long-term and short-term financial planning.
•Analyze and develop rate schedules which are fair, reasonable, and nondiscriminatory, which provide the operating revenue to maintain a financially sound operation.
•Contribute to the administration of federal and state grant programs, including evaluation of new grant funding opportunities, assistance with grant applications, execution of grant agreements and establishment of accounting controls and procedures.
•Develop and maintain effective relationships with the credit rating agencies and the investment advisory community to ensure that financing needs are met at the most favorable rate and/or terms possible.
•Provide for effective administration of daily cash flow, including receipts, disbursements, debt service administration, and investment of available funds. Ensure vendors and contractors are compensated based on established terms and agreements.
•Ensure an appropriate balance of risk and return on investment is maintained for employee benefits related trust funds in accordance with the approved Investment Policy Statements (IPS).
•Safeguard corporate assets through adherence to established internal controls, ensure the accurate reporting of assets, identify, and investigate non-conformances as they arise and take appropriate corrective action as required.
•Ensure the District’s financial integrity is maintained through comprehensive internal and external audit programs; coordinate with independent auditors to perform an annual audit of the financial statements and other associated audits as required.
•Provide oversight of risk management programs including the relationship with the District’s insurance broker, procurement and administration of property and cyber insurance policies, and support of related claims.
•Serve as a member of both internal and external committees to ensure an open exchange of information, recommend proactive initiatives, and implement process/procedural changes to ensure optimal operational effectiveness.
•Inform the President and Board of Directors of significant progress, unusual events or challenges experienced by the District. Provide assistance to the President with relevant information, statistical trends, recommendations and remedial actions to the Board of Directors within area of responsibility.
•Develop talent: coach and mentor employees; support employee growth and development through leadership opportunities and professional development.
•Provide employees feedback through completion of performance appraisals and employee one-on-one meetings.
•Manage employee unacceptable behavior, poor work performance or policy violations, including the use of discipline when appropriate.
•Maintain financial oversight of budget or works with financial responsibility in mind.
•Plan for attrition through awareness of separation risks, cross-training, employee development and succession planning.
•Handle stresses related to effectively completing the above referenced requirements.
•Fulfill responsibilities common to all Supervisory, Professional and Administrative positions as stated.

Required for All Jobs
•Perform a variety of other duties as assigned
•Understand and comply with all District policies and procedures
In contributing to the objectives of the District, this role is responsible for the initiation, cultivation, and maintenance of strong relationships of a business and professional nature. This position requires good communication skills and tact in order to maintain professional relationships with the following, but not limited to: -Board of Directors -All levels of District
-Internal and external customers -Federal, State, and local agencies -Community organizations and partners -Consultants, contractors and other third-party organizations that fall within the scope of
this role -Professional, industry, trade, and civic associations

Physical and Environmental Requirements
•Office: Work is primarily performed in an office setting amid normal conditions of dust, odors, fumes, office lighting and noise.
Hybrid Flexible Work Arrangement Job may be eligible for a hybrid in-office and work from home flexible work arrangement. *Please see SuccessFactors for a full listing of physical demands

*Please ensure the application is filled out thoroughly to be considered for this position

An Equal Opportunity Employer “Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation"

 

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