Finance Director

$100,000 - $115,000 yearly
  • Sunrise Water Authority
  • 10602 Southeast 129th Avenue, Happy Valley, OR, USA
  • Nov 22, 2021
Full time Finance Utilities Water

Job Description

The Position

The Sunrise Water Authority's Finance Director plans, directs, and oversees the organization's accounting, finance, and treasury functions. The Finance Director develops budgeting, accounting, and reporting systems in compliance with federal and state law while ensuring compliance with formal policies, procedures, and best practices. The Finance Director develops and administers policies, controls, and procedures for all internal accounting operations, including revenues and reimbursements, expenses, accounts receivable, contracts and accounts payable, payroll, bank accounts, investments, and special funds. Billing is conducted in another division within the Authority.

The Finance Director will prepare and review necessary reconciliations and financial reports, presenting both to the General Manager and Board of Commissioners. The Director is responsible for preparing an annual audit in cooperation with an outside auditing firm. The Finance Director works with a Budget Committee, the General Manager, and the Board of Commissioners to prepare the Authority's budget. In addition, the position develops and maintains long-term forecasting of revenues and expenditures.

Reporting directly to the General Manager, the Finance Director serves on the management team. The Finance Director regularly interacts with the Board of Commissioners and the public on financial matters, delivering reports and status updates as needed. The Finance Director consults with various financial institutions and advisors in the issuance of bond financing and provides financial information and analyses for reporting purposes. The Finance Director supervises two direct reports – Accountant and Accounting Specialist.

Priorities

  • Build strong working relationships with Sunrise personnel, elected officials, contractors, and community stakeholders.
  • Learn, understand, and become the organization’s expert on all financial matters.
  • Attend Board of Commissioners' meetings and various other meetings at the direction of the General Manager, delivering financial reports or additional information as needed.
  • Monitor rate and revenue changes to ensure alignment between operating costs and planned capital expenditures.

The Successful Candidate

Sunrise Water Authority’s next Finance Director will be well-versed in all financial functions, including accounting, auditing, budget preparation and monitoring, investments, and debt management. The ideal candidate will be detail-oriented and accurate, and focused on the strategic goals for the organization and how to achieve them best. The Finance Director always takes into consideration the long-term ramifications of financial programs and policies.

The Finance Director is a hands-on managerial position and is directly involved in the organization's day-to-day operations, as well as individual work requirements and products. With a strong customer service orientation and superior leadership skills, the Finance Director models the organization's values and sets an example of excellence to those they serve, manage, and interact with, both within the organization and with its external customers, vendors, and other relationships.

The successful candidate will be collaborative, working with all functional areas within the Authority. The Finance Director will be results-oriented, set high standards and clear direction for the Department, and hold staff accountable. This person should enjoy mentoring staff members and supporting their continued professional development.

The ideal candidate has excellent interpersonal skills and is approachable, responsive, and knowledgeable. The successful candidate should have excellent communication skills and be comfortable describing complex financial information so that a variety of audiences can understand and act on it. The next Finance Director will be comfortable speaking in public, including providing staff reports to the Board of Commissioners and the public.

The successful candidate will be technologically proficient and financially astute. The individual should enjoy working in a complex organization, collaborating with peers, and being an effective and positive member of the Authority’s management team. This person should be decisive, fair, and ethical.

Qualifications

Minimum requirements include any combination and experience equivalent to a bachelor’s degree in accounting, finance, economics, or related field and seven years of relevant government finance and/or public utility experience. A broad understanding of governmental enterprise accounting principles, methods, practices, budgeting, financial analysis and reporting, internal controls, auditing procedures, cash management, investments, and related laws affecting public accounting and budgeting is also required.

Preferred qualifications include a master's degree and prior experience in a public utility or municipality. Experience supervising and directing staff with general knowledge of employment rules and personnel policies is ideal. Certified Public Accountant (CPA) or Certified Public Finance Officer is highly desirable.

Inside The Sunrise Water Authority

The Authority is governed by an elected Board of Commissioners representing seven approximately equally populated zones across its service territory. That service territory covers about 22 square miles, ranging from the northeast corner of Clackamas County, west along the I-205 corridor, south along the state Highway 212/224 corridor, and east into the former city of Damascus. Sunrise's water delivery is achieved through 16 pump stations, 14 reservoirs (totaling 21.6 million gallons of storage), and nearly 250 miles of pipeline, some of which dates as far back as the 1940s.

Sunrise serves a population of nearly 50,000 through almost 18,000 metered connections, comprised mostly of residential and light commercial customers. Its principal customer base includes medical institutions, apartment complexes and other multi-family units, small businesses, schools, shopping complexes, and the many neighborhoods that make up the communities it serves. Customers predominantly reside within the City of Happy Valley and the adjacent Damascus area, along with surrounding portions of unincorporated Clackamas County.

Sunrise is striving to create a sustainable utility, both operationally and financially. Today, the Authority continues to grow as the City of Happy Valley rapidly becomes home to several new commercial and housing projects each year. As it does, it has positioned itself in a unique position of self-finance and its planned infrastructure, both in terms of new facilities designed to serve the added customers and the renewal and replacement of aging infrastructure. The budget is $60,959,658 and includes 25 full-time equivalents (or FTE) positions for almost 18,000 budgeted connections.

Highlights of the past fiscal year (2020-21) are as follows:

  • Completion of new three-million-gallon (Zone 6) reservoir (off SE Verlie Street)
  • Preparation of architectural and construction plans for the new office facility
  • Receipt of Business Oregon Special Public Works Fund loan of $10,000,000 for construction of administration building
  • Water master plan (ongoing)
  • Board approved a rate increase for FY2021-22
  • Applied for the Government Finance Association “Certificate of Achievement for Excellence in Financial Reporting" for the fiscal year 2019-2020
  • Continued key labor and resource sharing with Clackamas River Water (CRW) through the Clackamas Regional Water Supply Commission (CRWSC)

Mission

Provide a safe, reliable supply of water from an efficient, customer-focused organization.

Vision

Create a sustainable Authority founded on excellence.

Values

We are guided by our values of integrity, excellence, transparency, accountability, and community.

The Area

Situated in the northwestern portion of Clackamas County, Sunrise is home to one of the fastest-growing communities in the state. Minutes to the Portland International Airport, Clackamas County is the third-most populous County in Oregon and covers 1,879 square miles. Named after the Clackamas Indians who are part of the Chinookan Tribe, Clackamas County services over 400,000 residents. The primary economic activities of the County are agriculture, timber, manufacturing, and commerce. Clackamas County has ten public school districts and is home to Clackamas Community College.

Clackamas County boasts four seasons of fun with snow sports in the winter and mountain biking and river running in the spring and summer. It's also home to the only year-round ski resort in the United States, offering outdoor recreation activities from skiing and rafting to fishing and camping. Foodies can experience dinner in a field and plenty of fresh produce, while culture lovers can explore the thriving arts scene, and history buffs can visit the end of the Oregon Trail. Clackamas County is as diverse as the people who visit it.

Clackamas County is also home to Mt. Hood and its vast wilderness and forests, along with the Clackamas River basin. The area offers fabulous year-round recreation, outdoor events, and awe-inspiring scenic venues. The area is also minutes from the famous Columbia River Gorge and all of its recreational amenities, as well as the burgeoning wine industry that spans into much of the Willamette River basin. The area is also just under a couple of hours from the breathtaking Oregon Coast with all its splendor, vistas, beaches, and wildlife.

Quick Facts

  • Population: 418,187
  • Median Household Income: $80,484
  • Median Home Value: $395,100
  • Median Age: 41.5

All demographic information was sourced from the U.S. Census Bureau.

Compensation

The expected hiring range is $100,000 – $115,000, depending on qualifications, with an excellent benefits package, including paid medical, dental, and vision coverage for employees and eligible dependents (employees contribute 1.5% of their salary, employer-paid life insurance, and short- and long-term disability coverage, 11 paid holidays and annual paid time off, and employer-paid participation in the Oregon Public Employees Retirement System.

How to Apply

Applications will be accepted electronically by Raftelis. Applicants complete a brief online form and are prompted to provide a cover letter and resume. Open until filled with the first review of applications on December 8, 2021.

Questions

Please direct questions to Catherine Tuck Parrish at ctuckparrish@raftelis.com and Carly Trimboli at ctrimboli@raftelis.com.