Overview

Salary: $7213.87 – $9667.28

Under administrative direction; plans, directs and manages the staff and operations of El Dorado Transit’s finance functions; areas of responsibility include financial reporting, general accounting, payroll, accounts payable and receivable, budget and cash flow; performs the most difficult and sensitive, professional accounting, financial, and budgetary work; works with the Executive Director in developing and implementing fiscal related policy and procedures; and performs related duties as assigned.

This is a management classification which oversees, directs and participates in El Dorado Transit’s major financial activities and programs comprising financial reporting, general accounting, payroll, accounts payable and receivable, budget and cash flow. The incumbent assists the Executive Director in the short and long-term planning, development and administration of fiscal policies, procedures and services. Successful performance of the work requires an extensive professional background as well as skill in coordinating fiscal operations with those of other El Dorado Transit departments and public agencies.

Responsibilities

Assumes management responsibility for El Dorado Transit’s fiscal functions including financial reporting, general accounting, payroll, accounts payable and receivable, budget and cash flow; directs and monitors all financial activities to ensure compliance with mandated financial reporting requirements and professional standards.

Selects, trains, motivates, and evaluates assigned personnel; provides or coordinates staff training; works with employees on performance issues; responds to staff questions and concerns; effectively recommends and implements disciplinary actions and other personnel matters.

Assists in the development of goals, objectives, policies, and priorities for fiscal functions and activities including El Dorado Transit’s annual operating and capital improvement budgets; implements approved policies and procedure.

Coordinates the development and administration of El Dorado Transit’s annual budget; works with departments to determine and forecast funds needed for staffing, equipment, materials, and supplies; directs the monitoring of and approves expenditures; directs and implements adjustments as necessary.

Prepares all required reports for compliance with financial operations including Annual Financial and Compliance Audits, Annual State Controllers report, National Transit Database reports, annual Government Compensation Report and bi-annual Transportation Development Act claims; prepares financial statements, projections and monthly, quarterly and annual reports for presentation to the Executive Director, the Board of Directors and the general public.

Serves as a resource to management on the development of grant applications; ensures that all grant funding is properly accounted for and in compliance with the terms and conditions of the grant.

Evaluates alternative courses of action and makes recommendations which may include such areas as organizational structure, staffing, asset management, public capital financing, investment practices, banking services for public agencies, budget, cost analysis, facilities, equipment, productivity, or policy or procedure modifications.

Performs professional accounting, payroll or financial analysis which require the review of a variety of reports and records, investigation and reconciliation of information, the control of fiscal records and journals, and the reconciliation/balancing of general ledgers, fund accounts and similar records.

Participates in El Dorado Transit Board of Director meetings; prepares and presents various fiscal operations performance related reports.

Directs the maintenance of fiscal records and files, including records related to operational and capital expenditures or improvements, general accounting, payroll, grant funding and related documents.

Attends and participates in professional group meetings; stays current with new trends and innovations in the financial management field.

Serves as El Dorado Transit’s financial services representative with external agencies, private organizations and the general public.

Receives and resolves issues presented by El Dorado Transit’s employees and the general public regarding fiscal matters that require the use of judgment and the interpretation and application of policies, rules and procedures.

Requirements

Any combination of training and experience that would provide the required knowledge, skills, and abilities is qualifying. A typical way to obtain the required qualifications would be:

Equivalent to a bachelor’s degree from an accredited four-year college or university in finance, accounting, business administration, or a related field, and six (6) years increasingly responsible professional financial program experience, including two (2) years in a management capacity. Thorough knowledge of government fiscal operations, budgetary principles, and financial reporting standards.

Additional Information

The Finance Manager serves a critical role in the day-to-day financial administration of transit assets. The ideal candidate will possess exceptional leadership and communications skills, extensive financial management experience, and a commitment to excellence in fiscal operations.

This position coordinates the development and administration of annual budgets and monitoring expenditures. The Finance Manager participates in board meetings and presents reports on fiscal operations performance