Chief Financial Officer and Executive Vice-President, Finance, Procurement, and Compliance (26-CFO)

The intent of this job description is to provide a representative summary of the major duties locations and responsibilities performed by incumbent(s) in this job. Incumbent(s) may not be required to perform all duties in this description and incumbent(s) may be required to perform work-related tasks other than those specifically listed in this description. This job description is not a contract between the employee and the Authority. The job duties and essential functions may be changed at the discretion of the General Manager.

At DC Water we provide more than 700000 District of Columbia residents and 24.6 million annual visitors with essential water wastewater and stormwater services.DC Water also provides wholesale wastewater treatment services for 1.8 million people in Montgomery and Prince Georges counties in Maryland and Fairfax and Loudoun counties in Virginia.We aspire to be known for superior service ingenuity and stewardship to advance the health and well-being of our diverse workforce and communities. To achieve this vision we commit to our shared mission every dayexceeding expectations by providing high quality water services in a safe environmentally friendly and efficient manner.

The Chief Financial Officer and Executive Vice-President Finance Procurement and Compliance is a member of the Senior Executive Team (SET) and is the organizations key leader in ensuring the financial sustainability of DC Water and its overall strategic vision. The role is responsible for strategic planning management and control of all finance procurement and contract compliance-related activities at DC Water ensuring alignment with organizational objectives and compliance with industry standards and regulatory requirements. This includes direct responsibility for accounting operations financial governance contract compliance financial planningpayroll and accounts payable overall financial planning andforecasting rate setting budget alignment risk management asset management treasury and debt management and strategic procurement.

• Leads strategy management and control of all finance and procurement related activities at DC Water ensuring alignment with organization objectives and compliance with industry standards and regulatory requirements.

• Oversees the organizations financial operations including rates revenue payroll and accounts payable accounting budgeting treasury investments and strategic procurement activities.

• Oversees the development implementation and adoption of financial and procurement programs and policies in alignment with DC Waters overall business objectives.

• Drives development and Board approval of DC Waters Budget and Financial Plan which determines the revenue requirements to operate and maintain the water and sewer infrastructure upgrade facilities and improve the environment.

• Collaborates with Operations and Engineering leaders to align financial strategies and objectives with capital improvement infrastructure investments and operational objectives and to drive initiatives that will improve planning efficiency margins controls and customer experience.

• Collaborates with Engineering in the Capital Improvement program in alignment with DC Waters strategic plan and Board of Directors (BOD) policies.

• Develops the 10-year financial plan.

• Partners with leaders across all functions to drive DC Waters financial planning processes to deliver and manage progress against DC Waters 10-year financial plan operating budget and capital budget.

• Ensures that DC Waters accounting policies adhere to Generally Accepted Accounting Principles (GAAP) and ensures legal and regulatory compliance in financial functions.

• Oversees the financial reporting activities related to accounting annual closure process financial audit process federal and state bond financial reporting.

• Ensures annual reporting of financial statements critical financial and operational information annual operating budgets and progress against the 10-year Capital Improvement Plan to the executive management Board of Directors and external stakeholders.

• Drives overall organizational financial performance against both the annual budget and long-term strategy goals.

• Participates in evaluating business cases for alternative revenue opportunities including Blue Drop and other innovative programs.

• Oversees all financing activities at DC Water including timing structure and marketing of financing instruments and banking relationships.

• Represents DC Water to financial partners including financial institutions investors auditors public officials etc.

• Serves as the most senior point of escalation for finance and procurement-related issues including Accounts Payable issues and a key point of contact for external auditors.

• Provides the final approval for labor contract agreements.

• Mentors and develops staff within the Office of the Chief Financial Officer to cultivate a high-performing team overseeing work allocation training problem resolution performance evaluation and fostering an effective team dynamic while also leading Vice-Presidents Directors and coordinating with other departments as necessary to ensure the seamless operation of financial activities.

• Oversees DC Waters insurance and risk management program.

• Performs other duties as required by the CEO/General Manager or Board of Directors.

Supervisory Responsibilities: Provides dailyplanning and administration in the selection assignment supervision promotion discipline and training of personnel within the office. Manages and evaluates the progress of the office towards meeting goals and adjusts objectives work plans schedules and commitment of resources.

Key Working Relationships:Interacts with high level officials the Senior Executive Team (SET) the Board of Directors leaders across Departments government officials private agencies and organizations public constituents and representatives community organizations and groups and external vendors.

The qualifications listed below are representative of the knowledge skill and ability necessary for an individual to perform each essential responsibility satisfactorily. Reasonable amounts of training are provided.

Required Skills & Qualifications

Preferred Skills & Qualifications

*The work environment characteristics described in the physical requirements section of the required skills & qualifications table are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential responsibilities.

At DC Water our people make us an industry leader. Join a group of thinkers innovators and problem solvers focused on protecting lifes most precious resource in the nations capital.

• Take pride in your work.We provide an essential service and do work that matters. A career at DC Water is an exciting opportunity to help improve the environment and make a lasting difference for the community.

• Connect to a strong culture.Everything we do is grounded in our shared valuesaccountability trust teamwork customer focus safety and wellbeing.

• Be your true self.We are an inclusive organization that embraces diversity and we recognize and celebrate employees individuality and unique contributions.

• Build your skills and career path.We are committed to developing a future-ready workforce by helping our employees develop skills for the jobs of tomorrow.

We are proud to be an EEO/AA employer M/F/D/V.

We maintain a drug-free workplace and perform pre-employment substance abuse testing

The Americans with Disabilities Act prohibits discrimination against qualified individuals with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process to perform essential job functions and/or to receive other benefits and privileges of employment please email.