Summary:
The Chief Financial Officer (CFO) is the financial subject matter expert for the Authority and is responsible for leading the financial affairs and protecting the financial integrity and resources of the Authority. The CFO leads, plans, organizes, directs, oversees, coordinates and reviews the work of staff performing difficult and complex professional, financial, and technical functions related to all programs and activities of the Finance and Purchasing departments. Responsibilities include administering current and long-range financial planning activities; managing the effective use of resources to improve organizational productivity; oversee all compliance with regulatory and governmental agencies; and provide highly complex and responsible administrative and professional support to the Chief Executive Officer and Board Members in areas of expertise. The Chief Financial Officer regularly interacts with the Chief Executive Officer and other Executive staff members to develop and implement various budget, rate setting, and staffing for consistency with overall SCWA policies and objectives.
 

Job ID/Number:
 

Posted Date:
11/14/2022
 

Job Location:
 

Position Type:
Full Time
 

Division:
Finance
 

Description:

 

Responsibilities include:

  • Direct and oversee all aspects of the Finance, Accounting, Budgeting, Payroll and Purchasing functions of the Authority.
  • Selects, trains, leads, motivates and directs department personnel; evaluates and reviews work; work with employees to correct deficiencies; implements disciplinary procedures; and conducts performance and development sessions with direct reports.
  • Evaluate and advise the CEO and Board Members on the impact of short and long-range financial planning, including coordination of debt issuance activities. Work with financial adviser and bond counsel to issuance of bonds; review bond documents; prepared information required for bond covenants; monitors interest rate market; stays abreast of laws and regulations governing financing strategies.
  • Be active in the development and provide for the continuous evaluation of short and long-term strategic financial objectives.
  • Provide recommendations to strategically enhance financial performance and business opportunities.
  • Directs development of capital and operating budgets, administers and tracks adopted budgets and prepared budget reviews for departments.
  • Ensure effective internal controls are in place and ensure compliance with Generally Accepted Accounting (GAAP), Financial Accounting Standards Board (FASB), and applicable federal, state, and local regulatory laws.
  • Develop and maintain relationships between the Authority and outside agencies such as financial institutions, auditors, legal community, rating agencies, etc.
  • Assist in the guidance of the internal control operations and its communication to the Finance and Audit Committees.
  • All other duties as assigned.

 

Qualifications:

  • 10 years of increasingly responsible professional background/experience in public sector finance, accounting and administration.
  • 6 years management/supervisory background/experience managing finance professionals.
  • Bachelor’s Degree in Finance or Accounting or closely related field; Master’s degree/CPA preferred.
  • Knowledge of public authority and governmental accounting a plus.
  • Significant experience in or knowledge of the water industry preferred.
  • Working understanding of municipal finance transactions; familiarity with bond financings.
  • Strong interpersonal and problem-solving skills; ability to exercise sound judgment and make decisions based on accurate and timely analysis.

* The Authority may accept an equivalent combination of education and experience to meet the requirements*

Interested candidates should submit their application/resume with salary requirements via the SCWA website (www.scwa.com and click “Career Opportunities”). Salary is commensurate with education and experience in the range of $135,000 to $165,000.  Suffolk County residency is preferred. COVID-19 Vaccination is required for new employees. 

(The Authority shall not employ relatives of employees as defined to mean an employee's spouse, child, stepchild, stepparent or direct descendant of grandparents of the employee as defined in the New York State General Municipal Law 810.)