Chief Financial Officer (CFO)
Job Summary
Spokane Transit Authority (STA or the agency) is a vital part of the community, providing safe and efficient transportation services to residents and visitors. As we continue to grow, we are seeking an experienced and strategic CFO to lead our financial operations. The CFO reports to the CEO and is a key member of our executive leadership team responsible for the management and oversight of STA’s financial stability and sustainability as well as strategic efforts, partnering across all departments to ensure fiscal responsibility, transparency, and compliance with regulations. The CFO also directs the management and general operations of Financial Services, Purchasing and Contracting, Information Technology Services, Records Management, Risk Management, and all other financial functions of the organization in a manner that supports the agency’s vision, mission, and organizational priorities.
Ideal Candidate Profile
- Advanced Degree or Professional certifications (CPA)
- Experience in Public sector
- 10+ years of broad scope experience in Finance
- 5+ years experience Managing a Finance Department
- Track record of enabling organizational success through strategic financial planning
Our Benefits
- Annual salary of $126,244 – $169,179 depending on qualifications
- PPO Medical Plans (Vision coverage included)
- Premera Blue Cross – Your Choice 250 Heritage Plus Plan
- Kaiser Permanente CDHP PPO Plan
- HMO Medical Plans (Vision coverage included)
- Kaiser Permanente Medical Core Plan
- Kaiser Permanente Medical Core Buy-Up Plan
- Delta Dental PPO Plan
- WA State Public Employee’s Retirement System (PERS)
- PERS 2 or PERS 3
- Deferred Compensation/457 plan
- Health Reimbursement Arrangement (HRA) employer contribution of $50/month
- Employer Paid Basic life ($50,000), AD&D ($50,000) and long-term disability insurance
- Pet Insurance
- AFLAC Supplemental Insurance
- Vacation Accrual Schedule (paid)
- 0-4 years of continuous service – 2 weeks per year
- 5-9 years of continuous service – 3 weeks per year
- 10-14 years of continuous service – 4 weeks per year
- 15+ years of continuous service – 5 weeks per year
- Additional week of vacation for executive staff
- Sick Leave Full-time employees – 96 hours per year maximum
- .0462 hours earned per hour in paid status 8 hours per month maximum
- 7 Paid Holidays
- 4 Floating Holidays
- Free bus passes for employee and dependents
- Onsite workout facility
- KEPRO Employee Assistance Program
- For more detailed information on benefits click here
Examples of Duties
- Financial Strategy, Planning and Analysis:
- Develop and implement financial strategies aligned with the agency’s mission and goals.
- Create long-term financial plans, including budgeting, forecasting, and capital investment, including the preparation and administration of the six-year Transit Development Plan capital program and financial forecast.
- Financial Operations and Policies:
- Develop and maintain financial policies and procedures.
- Implement internal controls to safeguard assets and prevent fraud.
- Ensure the operation and maintenance of the Tyler Munis enterprise resource system are carried out effectively and efficiently.
- Oversee financial reporting, ensuring accuracy and compliance with Generally Accepted Accounting Principles (GAAP) and Government Accounting Standards Board (GASB) and other relevant standards.
- Budget Development and Financial Administration:
- Lead the annual budgeting process, collaborating with department heads to allocate resources effectively.
- Monitor budget performance, identify variances, and recommend adjustments as needed.
- Prepare financial reports for the executive team, board of directors and other stakeholders.
- Purchasing and Contracting:
- Oversees the purchasing and contracting process to ensure maximum value, manage risk, and drive efficiency across the agency.
- Ensures compliance with STA, local, state, and federal procurement/purchasing requirements, including the DBE program.
- Information Technology Services:
- Champion and sponsor IT projects through the agency intended to improve organizational efficiency.
- Oversee the development and support of STA’s technology systems, including policies and procedures.
- Ensure reliability and availability of computing resources while safeguarding agency technology assets and access through robust cybersecurity measures/programs.
- Records Management:
- Ensures that the agency complies with relevant laws and regulations regarding recordkeeping.
- Risk Management and Insurance:
- Deals with insurance related issues, including applications for self-insurance programs and other coverages.
- Leadership and Team Management:
- Lead the Finance team, providing guidance, mentorship, and professional development.
- Foster a collaborative and inclusive work environment, promoting quality and customer service across internal and external customer base.
Education and Experience
Bachelor’s degree from an accredited four-year college or university with a degree in a field such as finance, accounting, business or public administration with ten (10) years of increasingly responsible administrative experience in directing financial activities, with five (5) years in a senior management position. Experience in a larger public or private sector organization is desirable. A graduate degree or CPA designation is strongly preferred.
Interested in Applying?
Qualified individuals please submit a cover letter, and resume with your online application. This position is open until filled. For questions about the position, please contact David Cooper, Human Resources Specialist, at 509-325-6088 or [email protected].
Spokane Transit is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of age, disability, ethnicity/race, national origin, religion, gender, gender identity, sexual orientation or veteran status.