Chief Financial Officer

SALARY: $142,001.60 - $217,193.60

LOCATION: 33 N. High St. Columbus, OH 43215

BENEFITS:

• Medical, Vision, Dental, Supplemental and Life Insurance
• Paid Parental Leave
• Employee Discounts
• COTA Bus Pass
• Wellness Initiatives
• On-Site Chair Massage
• On-Site Health Coach
• Tuition Reimbursement
• Student Loan Repayment Program
• Public Pension through OPERS & Ohio Deferred Compensation

POSITION SUMMARY:

Performs highly responsible administrative, professional and executive leadership work serving as the chief financial officer accountable for the daily direction/oversight of the organization's financial affairs. Responsible for the development and implementation of the organization's financial strategy, accounting and procurement policies and strategic planning initiatives for the Finance Division.

Performs duties that advance COTA's Strategic Plan and reflect the organization's core values of safety, empowerment, accountability, teamwork, and service, and support the mission of Moving Every Life Forward.

ESSENTIAL JOB FUNCTIONS:

• Assumes full management responsibility for all services and activities under the Finance operation and manages the development and implementation of Finance Department goals, objectives, policies, and priorities;
• Oversees annual operating and capital budgets; plans and directs the coordination of the process with various divisions and departments, ensuring a correlation between the strategic plan and budgeted items; provides monthly status reports;
• Develops, implements and directs COTA's financial and procurement strategies and strategic planning initiatives, ensuring alignment with COTA's mission;
• Protects the organization's financial assets through the development of effective financial policies and procedures in accordance with standard accounting practices and required mandates; ensures accurate accounting, effective internal controls, and prudent investments; and ensures compliance with regulatory reporting requirements;
• Oversees procurement process for the cost-effective execution and administration of contracts, ensuring the timely receipt of goods and services in accordance with state, local and federal regulations; evaluates COTA's procurement needs to identify opportunities for efficiencies through expanded use of term and requirements contracts;
• Collaborates with Leadership Team on financial implications to any process and program; partners with the Chief LinkUS Program Officer and/or Director of Real Estate on potential development opportunities, revenue potential, and anticipated costs and explores various financing sources to accomplish the development objectives;
• Manages COTA's debt, including the issuance of new debt, refinancing of existing debt, preparation of all documents related to such transactions, presenting to the rating agencies, and collaborating with Advisors to determine a plan of finance based on project needs and market conditions; ensures compliance with all Federal and State laws including continuing disclosure reporting;
• Oversees the administration, monitoring, and updating of all aspects of the LinkUS financial model in partnership with the Chief LinkUS Program Officer;
• Designs and leads transformational initiatives to optimize the work and effectiveness of the Finance Division function, which includes integration of all internal and external organizations that interface with COTA processes;
• Represents COTA in various public and legislative forums requiring development and presentation of reports on the organization's current economic position, investment policies, and overall financial strategy;
• Advises and makes financial recommendations including, funding, short- and long-term planning; "cost outs" and analyzes the TIP, Transit Development Plan, and overall business plan; prepares 10-year forecast and monitors progress/status;
• Ensures the effective and efficient operation of grants accounting and administration;
• Clearly and articulately conveys financial performance, budgets, and other key financial information through reports and presentations to the CEO, Leadership Team, Board of Trustees, and other key stakeholders as necessary; and,
• Approves expenditure requests for all Division ensuring availability of funds.

MINIMUM EDUCATION & EXPERIENCE REQUIRED:

• Requires a bachelor's degree in accounting or related field and a minimum of ten (10) years' executive management and leadership experience in financial administration preferably in a transit or public organization. An equivalent combination of education in business or public administration and experience will also be considered.
• Certification as a Public Accountant (CPA) is preferred.

 

COTA is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. All employment decisions are based on job needs, job requirements and individual qualifications, without regard to race, color, religion or belief, sex, sexual orientation, age, genetic information, gender identity, national origin, veteran or disability status