Chief Financial Officer

San Diego Community Power • San Diego, CA

4d • $300,000 - $400,000 • Hybrid

About The Position

The Chief Financial Officer is responsible for assisting the Chief Executive Officer in managing, planning, developing, organizing, and directing the implementation of San Diego Community Power’s financial and administrative functions, goals, objectives, policies and procedures, and work activities.

Requirements

• Principles of customer service
• Managerial principles and practices
• Advanced principles, practices and theories of municipal financing, governmental accounting and reporting
• Advanced financial analysis and research procedures
• Principles and practices of contract and agreement negotiation and administration
• Budget preparation, program analysis, and revenue forecasting
• Negotiation and mediation techniques
• Computer equipment and software applications related to area(s) of assignment
• Applicable Federal, State, and local laws, codes, and regulations concerning finance and accounting functions
• Principles and practices used in dealing with the public
• Providing exceptional customer service
• Managing and directing comprehensive finance and accounting programs
• Managing services and staff responsible for providing accounting functions effectively and efficiently
• Analyzing, developing and improving upon accounting records and procedures
• Analyzing problems, identifying alternative solutions, projecting consequences of proposed actions and implementing recommendations in support of goals
• Preparing complex financial reports and analyses.
• Reading, analyzing and interpret financial reports
• Forecasting revenue and cash flows
• Preparing and administering large, complex budgets
• Monitoring and evaluating employees
• Prioritizing and assigning work
• Using a computer and related software applications
• Communication, interpersonal skills as applied to interaction with coworkers, supervisors, the general public, etc. sufficient to exchange or convey information and to receive work direction.
• A Bachelor’s degree is required in business or public administration, operations management, economics or closely related field, or other degrees with demonstrable and commensurate work experience that is directly relevant for this position.
• A minimum of 15 years progressively responsible financial management experience including strategic financial leadership.
• Direct experience in energy or utility financial services required whether in the private or public sectors.
• Strong supervisorial and contract management skills are also required.

Nice To Haves

• Prior designation as a CPA is desired, but not required, as is further academic study in finance, utility services, energy systems or environmental change.
• Public sector finance experience and knowledge is desirable but not required.

Responsibilities

• Serves as the Agency’s Treasurer of the Board and Investment Officer.
• Attend all Board meetings and head Financial Risk Management Committee meetings (FRMC).
• Thought partner to the CEO related to various strategic financial activities including but not limited to: issuance of municipal bonds, business combinations, financial engineering of various contracts, hedging, owned generation, etc.
• Provide highly complex and responsible financial administrative direction for San Diego Community Power through multiple finance and administrative-related departments or programs including oversight, development, and optimized use of Enterprise Resource Management (ERP).
• Support the development and implementation of rates and rates structures in collaboration with the rates team.
• Plans, develops and manages executive administrative, financial, accounting, budget, payroll, and financial analysis/reporting functions as well as funding strategies and financial grant administration within all departments.
• Maintain strong cost controls, build reserves and support the delivery of the Pre-Pay bonds.
• Ensure Agency financial compliance with described in the Joint Power Authority Agreement.
• Directs and supervises Finance Department activities including procurement and risk management.
• Stewards strong cross-departmental collaboration with power services and programs teams.
• Actively participate in and contribute to the Risk Oversight Group, the Ad Hoc Energy Contracts Working Group, and the weekly Risk Management Group as part of their collaboration with the Power team.
• Responsible for selecting, supervising, motivating, and evaluating supervisory, professional and support staff.
• Prepares various budgetary financial reports regarding revenue, cash management, expenditures.
• Plans, organizes, and directs the San Diego Community Power’s budget process; analyzes budget options and estimates and makes recommendations for preliminary project, line item, and final operating and capital budgets; develops and maintains records and reports based on the adopted Agency budget.
• Develops budget monitoring and encumbrance systems and assists personnel in preparation and control of departmental budgets.
• Establishes internal controls and balancing procedures; maintains audit trail.
• Communicates with Agency accounting, audit, and insurance contractors.
• Oversees implementation of written procedures of best practices and optimizes efficiency for the Agency.
• Analyzes revenue and expense trends and makes projections of budget impacts.
• Serves as internal auditor for a variety of fiscal, performance, and administrative audits.
• Functions as contract administrator for a wide variety of fiscal and performance audits and managerial effectiveness studies.
• Conducts research, performs management analysis activities, and evaluates cost effectiveness of management projects and programs.
• Performs other duties as assigned.
• Performs as a hands-on "working" Manager.

Benefits

• Community Power covers 100% of health benefits, including medical, vision, and dental insurance, for eligible FT employees and their dependents.
• Also provided is a $100,000 Life & AD&D policy, STD and LTD coverage that is 100% paid by Community Power .
• Community Power offers a 457(b) plan for employee contributions and contributes 10% of eligible compensation to the employee’s Money Purchase Plan.
• 11 holidays per year + paid winter holiday (between 12/24-12/31), 160 hours of accrued paid time off per year (increases with time in service), and 96 hours per year of accrued paid sick leave.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive