Capital Finance and Portfolio Coordinator

King County•Seattle, WA

12d•Hybrid

About The Position

This position is a critical connection between the budget and portfolio functions for Wastewater Treatment Division’s (WTD’s) large capital program. The right candidate will have the opportunity to influence decisions and be a subject matter expert on $14B of planned expenditures in the next 10 years, supporting prioritization of projects, their appropriation needs, good governance for delivery of said projects, and prudent stewardship of ratepayer funds. This role serves as the capital budget lead within the Finance and Administration section of WTD. The primary responsibility of this individual contributor is to input appropriation requests for capital projects via the biennial and supplemental budget processes. Other important assignments include ongoing monitoring of appropriation balances against project forecasts, schedules, and contractual commitments, serving as a voting member of the project oversight board, creating and presenting occasional updates on the capital budget to internal staff and leadership, assisting with the creation of financial plans and supporting documentation for legislative submittals, functioning as a SME on key portfolio prioritization processes, supporting analysis of capital budget impacts during the sewer rate process, and completing ad hoc reporting and analysis to support the finance team as well as the portfolio, planning, and analysis unit. This position is within WTD’s Finance and Administration (F&A) Section, which serves the essential role of ensuring that financial resources are in place to fund the Division’s priorities and decision-making is well-informed regarding financial risk, optimization trade-offs, financial equity, and compliance. In managing WTD’s large portfolio of financial activities and processes, F&A performs numerous functions including rate-setting, budget development and oversight, capital finance, contracting, technology services, central service administration, accounting, audit and compliance, payroll, utility billing, and more. In F&A we value cultivating a culture where you are encouraged to challenge the status quo and offer new ideas while building and maintaining enduring relationships. Join our team dedicated to ensuring clean water for generations to come! With over 700 employees engaged in planning, designing, building, and operating treatment facilities, our agency is at the forefront of environmental stewardship. Success for us means upholding our legacy while promising future generations a pristine environment. The King County WTD protects public health and the environment of the central Puget Sound region by collecting and treating wastewater, while recovering valuable resources that would otherwise be lost. We manage a vital infrastructure that contributes to the region’s economic development and provide services to 18 cities, 15 local sewer districts, the Muckleshoot Indian Tribe, and nearly two million residents across a 424-square-mile area in King, Snohomish, and Pierce counties. We enforce regulations to reduce harmful waste discharge and actively educate the public and businesses on water quality protection. Our regional wastewater treatment system not only sustains a healthy environment but also fuels economic development, fostering prosperity in our region. If you're passionate about making a difference and thrive in a collaborative environment, join us in our mission to safeguard our precious water resources. King County, named after Dr. Martin Luther King, Jr., is a diverse and vibrant community that represents cultures from around the world. Our True North is to create a welcoming community where everyone can thrive. We prioritize equity, racial and social justice, making it a foundational and daily expectation for all employees. As a King County Employee, you will actively apply these principles in all aspects of your work. Learn more about our commitment at http://www.kingcounty.gov/equity . Apply now for a rewarding career at the Wastewater Treatment Division of King County Department of Natural Resources & Parks(DNRP). Join our talented workforce in protecting and restoring the natural environment and promoting more resilient, sustainable, and equitable communities. Enjoy training, comprehensive benefits , and growth opportunities.

Requirements

Advanced skill in creating high-quality presentation materials.
Experience performing financial scenario analysis and communicating impacts to stakeholders.
Ability to interpret and apply financial codes and policies and provide strategic guidance to partners.
Experience developing and reviewing budgets for government agencies.
Advanced analytical skills including use of Microsoft Excel.
Financial Acumen : Interpreting and applying understanding of key financial indicators to make better business decisions.
Balances Stakeholders : Anticipating and balancing the needs of multiple stakeholders.
Action Oriented : Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm..
Nimble Learning : Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
Communicates Effectively : Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences..
Washington State Driver’s License or the ability to provide transportation to remote work locations with limited or no public transportation services.

Nice To Haves

Experience with King County budgeting systems including PIC and/or PBCS.
Experience with a large capital program.
Working knowledge of capital project delivery.
Experience with a wastewater utility.

Responsibilities

Lead the development of the capital biennial and supplemental budget submittals including the calculation of appropriation requests and coordination and review of project team narratives.
Serve as lead author and coordinator of capital dialogue submittals during biennial budget development.
Provide strategic recommendations and guidance to governance boards, project teams, finance and portfolio staff as well as WTD leadership on king county financial code pertaining to the capital improvement program and appropriation.
Assist finance and portfolio staff with analysis of various sewer rate and budget scenarios including capital impacts.
Create succinct presentation materials for capital budget updates.
Serve as SME on the (capital) delivery board and voting member on the project oversight board.
Calculating the annual burden rate for capital labor based on forecasted indirect costs and performing year-end reconciliation as well as ongoing monitoring and reporting for appropriate, capitalizable, indirect costs.
Other duties as assigned