Duluth Transit Authority
Director of Finance
Duluth Transit Authority, Duluth, Minnesota, United States, 55806
The Duluth Transit Authority (DTA) is currently seeking to fill a Director of Finance position. The DTA is an award-winning transit agency that provides safe, convenient, and affordable public transit service (fixed route and paratransit) within the Twin Ports of Duluth, MN and Superior, WI and its surrounding areas. We transport just under 3 million passengers annually by way of our 75+ bus fleet and we employ approximately 180 team members.
We are looking for a proven leader who possesses an abundance of relevant senior financial management and transit/public sector industry budgeting knowledge and experience. The ideal candidate also brings outstanding communication skills to be utilized in effectively interacting with all organizational stakeholders, including the DTA’s public Board of Directors and senior leadership team.
The Director of Finance plays a critical role in ensuring the continued fiscal health of the DTA, reports directly to the General Manager, and works closely with all senior leadership team members. Minimum qualifications include: bachelor’s degree in finance, accounting, business or a related field and a minimum of five (5) years senior financial management and relevant staff supervision experience or an equivalent combination of education and experience. CPA certification and/or master’s degree in a related field is preferred, but not required. This is not a remote position and work is done in the DTA offices in Duluth, MN.
The DTA offers an exceptional compensation and benefits package, including:
Competitive Salary
Health insurance-fully paid monthly premiums for employee and family
Dental Insurance-fully paid monthly premiums for employee and family
Vision Insurance-fully paid monthly premiums for employee and family
Low $500 health insurance deductible per person annually; $2500 max out of pocket spend for individual, $5000 max out of pocket spend for family.
Life insurance-fully paid monthly premiums for employee
Paid holidays
Paid vacation
Paid sick time
Money Purchase Pension-company match of 12% of annual salary
Access to Minnesota Deferred Compensation Plan
Free bus passes for employee and immediate family
Training and Career Development Opportunities
Employee assistance program
Flexible spending account (FSA)
Essential Duties:The Director of Finance (DOF) is responsible for the financial administration of federal, state and local funded transit grant programs, including grant application, compliance management and mandated reporting. The DOF administers the preparation of the annual budget, purchasing, capital and operations, planning and revenue monitoring and is responsible for accounting, revenue and statistics, debt, investments, payroll, financial analysis and performance reporting. The DOF is also responsible for the oversight of procurement and inventory and is the designated Disadvantaged Business Enterprise (DBE) Officer. The DOF is a member of the senior leadership team. Responsible for direct supervision of the Finance Assistant, Payroll Specialist and Cashier.
Leadership, management, and oversight:
Advise/present to the senior leadership team and Board of Directors regarding all financial aspects of agency goals, including: researching, analyzing, and interpreting financial data in making financial/compliance recommendations
Responsible for all regulatory reporting, including ensuring all requirements are fulfilled/reported to federal, state, and other government entities in an accurate, clear, and comprehensive manner
Administer Triennial Review
As the DTA DBE Liaison Officer, monitor and implement the DTA Small and Disadvantaged Business Enterprise (DBE) program, including ensuring compliance
Responsible for performance; revenue; and federal, state, and local transit grant reporting, including ensuring compliance
Assist with the development of Capital Improvement Program (CIP) projects
Participate in strategic planning initiative
Finance and Accounting:
Develop, implement and maintain financial policies and procedures
Ensure proper controls over fare collections/fare boxes
Oversee sales/distribution of fares and third party outlets
Oversee accounts payable, revenue collection, payroll, and all purchasing activities, including: proposals/bids, insurance coverage, operational/capital purchasing, parts procurement, cycle counting procedures, and capital asset program monitoring
Develop the annual budget, multi-year budget forecasts, and financial reports
Responsible for the annual audit process, including: preparing/reviewing audit work papers, reconciliations, and applicable reporting requirements; and acting as liaison to the independent audit firm
Management and supervision of staff:
Manage Finance and Accounting Staff
Ensure compliance with policies, rules, regulations and schedules and maintain appropriate written documentation
Communicate courteously and professionally and maintain respectful working relationships with coworkers and customers in carrying out job functions
Perform all job duties in compliance with safety guidelines and with an ongoing awareness of safety practices
PHYSICAL DEMANDS AND WORK ENVIRONMENT:
Position predominately works in an office environment and requires extended periods of sitting
Position utilizes personal computer, phone, and other office equipment on a regular basis
Position requires minimal travel outside of the office and utilizes company or personal vehicle for travel
This position requires you to report to the DTA offices daily. This is not a remote position.
EO/AA Employer and Drug-Free Workplace
MINIMUM QUALIFICATIONS:
The position requires a bachelor’s degree in finance, accounting, business or a related field and a minimum of five (5) years senior financial management and supervisor experience or an equivalent combination of education and experience.
Required Knowledge, skills and abilities include:
Demonstrated background in financial management
Considerable knowledge of the principles, policies, and practices of governmental budget preparation, administration, forecasting, and supervision
Considerable knowledge of Generally Accepted Accounting Principles, including Governmental Accounting Standards Board pronouncements and MN unit of government budgeting and financial administration; and applicable federal, state, and local laws regulating financial management
Considerable knowledge of the principles, policies, and practices of financial analysis, cash flow modeling, economics, and reporting
Ability to establish and maintain effective internal and external relationships and deal tactfully and courteously with coworkers, customers, and clients
Ability to employ good judgment and make sound decisions in accordance with established procedures and policies
Ability to interpret and explain policies and procedures
Ability to interpret and work efficiently from written and oral instructions
Ability to maintain confidentiality of critical records and information
Ability to multi-task and manage multiple projects simultaneously with meticulous attention to detail
Must be able to read and speak English clearly
Excellent interpersonal skills to exchange and or convey information, receive work direction, and maintain effective working relationships with all levels of employees, committees and groups; and to diffuse situations/conversations that have escalated beyond normal limits
Ability to coordinate, direct, supervise and evaluate the work of subordinates
PREFERRED QUALIFICATIONS:
Transit industry and public sector budgeting knowledge and experience
CPA certification and/or master’s degree in a related field
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We are looking for a proven leader who possesses an abundance of relevant senior financial management and transit/public sector industry budgeting knowledge and experience. The ideal candidate also brings outstanding communication skills to be utilized in effectively interacting with all organizational stakeholders, including the DTA’s public Board of Directors and senior leadership team.
The Director of Finance plays a critical role in ensuring the continued fiscal health of the DTA, reports directly to the General Manager, and works closely with all senior leadership team members. Minimum qualifications include: bachelor’s degree in finance, accounting, business or a related field and a minimum of five (5) years senior financial management and relevant staff supervision experience or an equivalent combination of education and experience. CPA certification and/or master’s degree in a related field is preferred, but not required. This is not a remote position and work is done in the DTA offices in Duluth, MN.
The DTA offers an exceptional compensation and benefits package, including:
Competitive Salary
Health insurance-fully paid monthly premiums for employee and family
Dental Insurance-fully paid monthly premiums for employee and family
Vision Insurance-fully paid monthly premiums for employee and family
Low $500 health insurance deductible per person annually; $2500 max out of pocket spend for individual, $5000 max out of pocket spend for family.
Life insurance-fully paid monthly premiums for employee
Paid holidays
Paid vacation
Paid sick time
Money Purchase Pension-company match of 12% of annual salary
Access to Minnesota Deferred Compensation Plan
Free bus passes for employee and immediate family
Training and Career Development Opportunities
Employee assistance program
Flexible spending account (FSA)
Essential Duties:The Director of Finance (DOF) is responsible for the financial administration of federal, state and local funded transit grant programs, including grant application, compliance management and mandated reporting. The DOF administers the preparation of the annual budget, purchasing, capital and operations, planning and revenue monitoring and is responsible for accounting, revenue and statistics, debt, investments, payroll, financial analysis and performance reporting. The DOF is also responsible for the oversight of procurement and inventory and is the designated Disadvantaged Business Enterprise (DBE) Officer. The DOF is a member of the senior leadership team. Responsible for direct supervision of the Finance Assistant, Payroll Specialist and Cashier.
Leadership, management, and oversight:
Advise/present to the senior leadership team and Board of Directors regarding all financial aspects of agency goals, including: researching, analyzing, and interpreting financial data in making financial/compliance recommendations
Responsible for all regulatory reporting, including ensuring all requirements are fulfilled/reported to federal, state, and other government entities in an accurate, clear, and comprehensive manner
Administer Triennial Review
As the DTA DBE Liaison Officer, monitor and implement the DTA Small and Disadvantaged Business Enterprise (DBE) program, including ensuring compliance
Responsible for performance; revenue; and federal, state, and local transit grant reporting, including ensuring compliance
Assist with the development of Capital Improvement Program (CIP) projects
Participate in strategic planning initiative
Finance and Accounting:
Develop, implement and maintain financial policies and procedures
Ensure proper controls over fare collections/fare boxes
Oversee sales/distribution of fares and third party outlets
Oversee accounts payable, revenue collection, payroll, and all purchasing activities, including: proposals/bids, insurance coverage, operational/capital purchasing, parts procurement, cycle counting procedures, and capital asset program monitoring
Develop the annual budget, multi-year budget forecasts, and financial reports
Responsible for the annual audit process, including: preparing/reviewing audit work papers, reconciliations, and applicable reporting requirements; and acting as liaison to the independent audit firm
Management and supervision of staff:
Manage Finance and Accounting Staff
Ensure compliance with policies, rules, regulations and schedules and maintain appropriate written documentation
Communicate courteously and professionally and maintain respectful working relationships with coworkers and customers in carrying out job functions
Perform all job duties in compliance with safety guidelines and with an ongoing awareness of safety practices
PHYSICAL DEMANDS AND WORK ENVIRONMENT:
Position predominately works in an office environment and requires extended periods of sitting
Position utilizes personal computer, phone, and other office equipment on a regular basis
Position requires minimal travel outside of the office and utilizes company or personal vehicle for travel
This position requires you to report to the DTA offices daily. This is not a remote position.
EO/AA Employer and Drug-Free Workplace
MINIMUM QUALIFICATIONS:
The position requires a bachelor’s degree in finance, accounting, business or a related field and a minimum of five (5) years senior financial management and supervisor experience or an equivalent combination of education and experience.
Required Knowledge, skills and abilities include:
Demonstrated background in financial management
Considerable knowledge of the principles, policies, and practices of governmental budget preparation, administration, forecasting, and supervision
Considerable knowledge of Generally Accepted Accounting Principles, including Governmental Accounting Standards Board pronouncements and MN unit of government budgeting and financial administration; and applicable federal, state, and local laws regulating financial management
Considerable knowledge of the principles, policies, and practices of financial analysis, cash flow modeling, economics, and reporting
Ability to establish and maintain effective internal and external relationships and deal tactfully and courteously with coworkers, customers, and clients
Ability to employ good judgment and make sound decisions in accordance with established procedures and policies
Ability to interpret and explain policies and procedures
Ability to interpret and work efficiently from written and oral instructions
Ability to maintain confidentiality of critical records and information
Ability to multi-task and manage multiple projects simultaneously with meticulous attention to detail
Must be able to read and speak English clearly
Excellent interpersonal skills to exchange and or convey information, receive work direction, and maintain effective working relationships with all levels of employees, committees and groups; and to diffuse situations/conversations that have escalated beyond normal limits
Ability to coordinate, direct, supervise and evaluate the work of subordinates
PREFERRED QUALIFICATIONS:
Transit industry and public sector budgeting knowledge and experience
CPA certification and/or master’s degree in a related field
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