Chief Financial Officer

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					         Invites Applications for the Position of

Chief Financial Officer
  At Will, Executive Management Position

Filing Deadline: Friday, September 10, 2010
  Chief Financial
                                                                                        advise on fiscal matters consistent with best
 IEUA                                                                 practices in municipal finance. He/she will be a strategic
                                                                      thinker with the ability to see the big picture, create positive
 Inland Empire Utilities Agency, (IEUA) is a wholesaler of
                                                                      change, inspire and motivate staff, remain calm and focused
 drinking water and operator of state-of-the-art wastewater
                                                                      under pressure. Effective oral, written and presentation skills
 treatment/water recycling facilities serving seven member
                                                                      are critical to the position. The successful candidate will have
 agencies with a population of approximately 850,000 in the
                                                                      seven years of increasingly responsible experience in finance,
 west end of San Bernardino county, California. IEUA is a
                                                                      accounting, public administration, or a related field -
 leading public agency in the environmental protection field
                                                                      preferably municipal finance - including five years of
 headquartered in the City of Chino in a platinum award
                                                                      administrative and management responsibilities. A Bachelor’s
 winning Leadership in Energy and Environmental Design
                                                                      degree with major course work in accounting, business
 (LEED) green building. IEUA generates beneficially reusable
                                                                      administration, public administration, or a related field is
 products including recycled water, compost, and renewable
                                                                      required. A Masters Degree and experience with special
 energy. The Agency operates and maintains four water
                                                                      district and enterprise funds is highly desirable. CPA is also
 recycling plants which produce up to 60 million gallons per
 day (MGD) of high quality recycled water, a composting
 facility that produces up to 220,000 cubic yards per year of
 SoilPro compost and more than 7 megawatts per day in              Essential Functions
 biogas and solar renewable energy. IEUA has an annual
 operating budget of 77 million and a capital budget of 77 mil-     Incumbent is responsible for managing and integrating broad,
 lion. IEUA also manages the recharge of recycled, storm and        comprehensive financial services for the Agency. Additionally,
 imported water through the award winning Chino Basin               plays a key role in the development and implementation of the
 Ground Water Recharge Program and coordinates regional             Agency’s operating and capital budgets and annual rate
 water efficiency programs.                                         analysis and rate setting process.

                                                                    Major responsibilities of the position include:
The Position                                                           Assume full management responsibility for all finance and
Reporting directly to the Chief Executive Officer/General              budget services and activities including cash management,
Manager, this position is an executive level classification
                                                                       budget management, debt management, and internal control
responsible for developing and implementing Agency-wide
                                                                       management including all services and activities of the Fiscal
financial strategies. Additional responsibilities include day to
day management responsibilities for the Fiscal Management              Management and Financial Planning Departments.
and Financial Planning Departments. As a key member of the             Manage the development and implementation of finance and
Executive Management Team, the new Chief Financial Officer             budget goals, objectives, policies and priorities for each
(CFO) will bring exceptional leadership, proactive
                                                                       assigned service area; allocate resources accordingly.
management and excellent communication skills to the
Agency. The new CFO is expected to bring a fresh perspective           Develop and implement financial policies, procedures and
and a new “set of eyes”, be a good listener, possess                   programs to safeguard and grow the Agency’s financial
imagination, vision, and flexibility.                                  assets; continuously monitor the Agency’s financial position
                                                                       and seek opportunities to enhance and strengthen this
                                                                       position by proposing strategies and restructuring programs
The Ideal Candidate                                                    to improve revenue, reduce operating expenses and optimize
The ideal candidate will have a business understanding of the          use of restricted funds.
Agency’s various processes and extensive financial and
                                                                       Provide financial reports and make presentations to the
budget management experience.        Incumbent will be an
exceptional problem solver who embraces complex challenges             Board of Directors to keep them apprised of the Agency’s
with enthusiasm, innovation and creativity. He/she will                financial activities and financial condition; provide strategic
provide sound, timely and expert professional assistance and           and tactical advice to the CEO/General Manager and the
 Board of Directors regarding
financial issues, including debt and asset
management policies and rate and revenue structures.

Oversee and participate in the annual review and revision of  Compensation & Benefits
the Agency’s structure of water and sewer rates and charges;
                                                                 The salary range for the Chief Financial Officer is $11,843 to
develop strategies and approaches for evaluating rate
                                                                 $14,430 per month, DOQ. In addition, the Agency offers an
change alternatives; direct the development and recommend
                                                                 attractive benefit package that includes a 9/80 work schedule
proposed rates; attend and participate in public meetings
                                                                 and the following fringe benefits:
and rate hearings; oversee the implementation of new rates
following Board approval.                                      RETIREMENT
Manage and participate in the development and                    Employees are enrolled immediately upon hire. Benefits are
administration of the Agency’s annual budget; prepare            provided by the California Public Employee’s Retirement
regular and special budget reports to interpret directives       System (CalPERS) offering 2.5% at 55 with the Agency paying
and/or establish policies for carrying out directives; prepare   the 8% employee contribution. Additionally, the Agency also
instructional material and coordinate meetings with              participates in Social Security. The Agency pays 7.65% and the
divisional personnel and representatives of other                employee pays 7.65% [6.2% FICA + 1.45% Medicare = 7.65%].
governmental agencies as needed to facilitate budget
                                                            HEALTH INSURANCE
preparation; ensure the production of finished budget
                                                              The Agency contributes a minimum of $675/mo. for employee
document in a timely manner.
                                                              only coverage and up $1,130.78/mo. for employees with
Direct and oversee the Agency’s investments and cash          dependents for the purchase of health, dental, vision and/or
management programs; propose investment guidelines and        life insurance. PPO and HMO plans are offered.
alternatives based on market strategies; invest Agency
funds; establish investment policies and procedures; ensure LIFE INSURANCE
compliance of investment activities with policy               Basic Life/AD & D $50,000 policy with supplemental life
requirements; monitor and evaluate investment performance     insurance available to purchase for yourself and/or your
and strategies for strengthening and improving yield and      spouse.
reducing risk; maintain records of investments and related
                                                            HOLIDAYS AND LEAVE TIME
documents.                                                    Nine holidays, an additional six days of floating holiday time,
Monitor capital markets and work with rating agency,          and six executive leave days per fiscal year are provided.
financial advisor and outside bond counsel in the issuance of Eighty hours vacation and ninety-six hours of sick leave are
revenue bonds; review all bond documents and prepare          accrued per calendar year.
information required for bond covenants; monitor the
interest rate market to remain alert for refunding MISCELLANEOUS
                                                              Vehicle Allowance - $500 per month
opportunities; stay abreast of laws and regulations
                                                              Computer Loan - $3,000 interest free loan for purchase of
governing municipal financing and capital financing
                                                              computer and related equipment.

Perform related duties and responsibilities as required.
  Application Process and Recruitment
Qualified candidates are invited to apply for this outstanding
career opportunity. To be considered for the position, please
submit an Agency Employment Application, and supplemental
questionnaire, along with a cover letter and your re-
sume detailing your related background, education
and experience with salary history to:

       Inland Empire Utilities Agency
       Human Resources Department
             6075 Kimball Ave.
              Chino, CA 91708
               (909) 993-1600

The position closes Friday, September 10, 2010 at 5:00 pm. Postmarks,
facsimiles, emails or scanned documents will not be accepted. The most qualified
candidates will be invited to participate in the interview process.

The following is a tentative schedule, assuming an adequate number of qualified
candidates apply:

             Application Review                          mid to late September
             Interviews                                  October
             Final Selection                             End of October
             Start Date                                  November 2010

The Immigration Reform and Control Act of 1986 requires that all new employees
verify identity and entitlement to work in the United States by providing required


AA/EOE—It is the policy of the Inland Empire Utilities Agency to assure equal
employment opportunity to all persons regardless of sex, race, color, religion,
national origin, age, ancestry, physical or mental disability, genetics, marital status,
sexual orientation, or veteran status. Reasonable accommodations may be made to
enable individuals with disabilities to perform the essential functions of the job.

Description: Chief Financial Officer document sample