Basic Function
Directs creation, implementation, and oversight of Metro's budget; monitors, tracks and adjusts funding allocations, as needed, to optimize fund availability to meet all organizational objectives and delivery of initiatives; and provides performance reporting, performance metric analysis, and related analytics to estimate optimal functional resource requirements based on prioritized project deliverables. This position will be responsible for Special Projects (i.e. fare policy and programs, allocation of funding to the region) and overall management support over revenues and subsidies to the region.
Example Of Duties
- Identifies fund sources and recommends revenue uses for annual budget and Life of Project budgets
- Coordinates revenue-related activities throughout the agency
- Directs monitoring of funding to maximize use and adjusts as necessary
- Utilizes technology to direct the forecasting of revenues and strategically applies revenues to optimize funding and project delivery
- Directs and participates in the analysis of financial and non-financial budget and actual performance data and applies results to pre-defined performance factors to determine optimum functional product delivery
- Directs project cash flow analysis, staffing projections, processes, and schedule adherence to determine project budget spending patterns to ensure project expense optimization and adherence to project budget and accounting provisions
- Establishes functional and organizational short- and long-range goals and objectives with development of various annual forecasts
- Establishes and directs complex modeling requirements to estimate and validate various resource projections and comparisons to performance indicators; advises staff on model development and interpretation of results
- Develops requirements and processes, and oversees the preparation of cost estimates and validation of functional resource plan estimates
- Confers with executive management and validates project funding forecasts based on projected expenditures
- Utilizes technology to oversee and participate in the preparation and presentation of reports and analyses, including strategic planning and policy matters, to management and the Metro Board of Directors
- Oversees analysis of project costs and revenues with Accounting, Treasury, and Capital Planning
- Participates in management meetings and the decision-making processes to provide a strategic approach to problem solving
- Represents Metro before the Metro Board, Metro Board deputies, partner agencies, and special interest groups
- Directs and monitors Metro Board approved funding commitments and for impact on budgets
- Supervises, trains, mentors, and motivates assigned staff
- Communicates and implements safety rules, policies, and procedures in support of the agency's safety vision and goals; and maintains accountability for the safety performance of all assigned employees
- Contributes to ensuring that the Equal Employment Opportunity (EEO) policies and programs of Metro are carried out
May be required to perform other related job duties
Requirements For Employment
A combination of education and/or experience that provides the required knowledge, skills, and abilities to perform the essential functions of the position. Additional experience, as outlined below, may be substituted for required education on a year-for-year basis. A typical combination includes:
Education - Bachelor′s Degree in Finance, Accounting, Economics, Business Administration, or a related field; Master's Degree in a related field preferred
Experience - Five years of relevant management-level experience performing government/transit finance and/or budgeting work
Certifications/Licenses/Special Requirements - A valid California Class C Driver License or the ability to utilize an alternative method of transportation when needed to carry out job-related essential functions
- Treasury Department incumbents must be bondable
- Professional certifications such as CPA (Certified Public Accountant) or CPFO (Certified Public Finance Officer) preferred
Preferred Qualifications Preferred Qualifications (PQs) are used to identify relevant knowledge, skills, and abilities (KSAs) as determined by business necessity. These criteria are considered preferred qualifications and are
not intended to serve as minimum requirements for the position. PQs will help support selection decisions throughout the recruitment. In addition, applicants who possess these PQs will not automatically be selected.
The following are the preferred qualifications:
- Experience developing and framing ad-hoc reporting analysis.
- Experience overseeing business process improvements and capitalizing opportunities
- Experience leading and coordinating consensus across multiple groups and stakeholders.
- Experience conducting performance, compliance, and/or financial audits.
- Experience managing staff and projects.
Knowledge:
- Theories, principles, and practices of financial and organizational management and behavior
- Knowledge of theories, principles, and practices of advanced budgeting, government/fund accounting, public finance, economics, planning, and resource modeling
- Applicable local, state, and federal laws, rules, and regulations governing budgeting, funding, and financial operations of a business unit
- Administrative principles and methods, including goal setting and monitoring, budget development and implementation, and advanced resource modeling
- Financial modeling, forecasting/estimating, research, and analysis
- Application of funding source provisions
- Applicable and current financial and database management software, such as Oracle Database, and computer business software applications, such as Microsoft Office Suite
- Individual and group dynamics and leadership development
- Modern management techniques
Skills: - Directing the overall operations of major financial functions
- Defining and performing complex financial, statistical, and operational performance analysis and modeling
- Determining strategies to achieve operational goals
- Analyzing situations, identifying problems, recommending strategic solutions, and evaluating outcomes
- Exercising sound judgment and creativity in making decisions and applying funds
- Communicating effectively orally and in writing
- Preparing comprehensive reports and correspondence
- Interacting professionally with various levels of Metro employees and outside representatives
- Supervising, training, mentoring and motivating assigned staff
Abilities:
- Think and act independently
- Meet precision and productivity requirements
- Understand, interpret, and apply rules, regulations, policies, guidelines, and standard operating procedures to work products
- Represent Metro before the Metro Board, public, outside entities, and advocacy groups
- Allocate the division of labor for a diversified workforce
- Read, write, speak, and understand English
Selection Procedure
Applicants who best meet job-related qualifications will be invited to participate in the examination process that may consist of any combination of written, performance, or oral appraisal to further evaluate job-related experience, knowledge, skills and abilities.
Application Procedure
To apply, visit Metro's website at www.metro.net and complete an online Employment Application.
Computers are available to complete online Employment Applications at the following Metro location:
METRO Headquarters, Employment Office
One Gateway Plaza
Los Angeles, CA 90012
Telephone: (213) 922-6217 or persons with hearing or speech impairments can use California Relay Service 711 to contact Metro.
All completed online Employment Applications must be received by 5:00 p.m. on the closing date. (JC)
*Open to the public and all Metro employeesThis job bulletin is not to be construed as an exhaustive list of duties, responsibilities, or requirements. Employees may be required to perform other related job duties.
Closing Date/Time: 03-MAY-24
