Note: This position is not a Fairfax County Government position; however, to facilitate the hiring process, the Fairfax County AIMS system is being used to announce the position.
The Northern Virginia Transportation Authority (NVTA) is a regional transportation authority established by the General Assembly in 2002. In 2013, the General Assembly passed legislation imposing certain taxes and fees in Northern Virginia jurisdictions for the funding of transportation improvements in this heavily congested region. The Authority will be responsible for allocating more than $300 million in revenue per year, with 70% programmed by NVTA and 30% sub-allocated to counties and cities embraced by the NVTA.
At least initially, it is envisioned that the Authority will have a small office staff, consisting of an executive director, a chief financial officer, two program coordinators (planning, programming and oversight of jurisdictional/agency implementation), an accountant and an administrative assistant who will also serve as the clerk of the Authority, executive assistant to the executive director, and office manager.
A key member of the Authority's management team, the chief financial officer (CFO) is responsible for organizing, managing and reporting all the Authority's financial activities, overseeing the day-today operations of its financial activities, coordinating financial activities with member jurisdictions and outside agencies, and providing complex and reliable financial data and administrative support to the executive director and the members of the Authority.
- Development, management and oversight of Authority budget
- Management of Authority's revenue stream, accounts receivable and accounts payable
- Oversight of Authority's programming of funds
- Management and distribution of funds from the Authority to its member local government
- Development and management of Authority's investment program
- Development and management of Authority's bond/debt program
- Oversight of Authority's retirement system contributions
- Responsibility for Authority compliance with generally accepted accounting principles
- Coordination of auditing requirements
- Drafting and implementation of financial policies and procedures
- Staff liaison to Authority's Finance Committee.
Master's degree preferred in business administration, public policy, finance, or a related field with at least five years of progressively responsible, directly related experience (see below). Alternatively, a bachelor's degree with a combination of education and experience equivalent to a master's degree. CPA and Government Finance Officer (CFOA) certifications are helpful, but not required.
Demonstrated knowledge/experience: of the principles and practices related to public financial systems; of state and federal laws, rules and regulations and practices concerning the financing of transportation projects; managing and accounting for multiple and diverse revenue streams received on a monthly and/or quarterly basis; of budget development and execution in the public sector; in planning and executing a sophisticated debt management program, including the planning, execution and monitoring of a substantial debt portfolio; in evaluating the effectiveness and efficiency of various financial management applications and alternative systems; in supervising and motivating a small staff.
Knowledge of: financial planning; financial analysis; financial forecasting/projecting; complex project financing structures; cost accounting principles and automated accounting environments related to finance and accounting; state and federal laws regulating treasury, cash, investment debt and banking management; federal and state laws with respect to monetary investment; state defined local budget laws and requirements; annual audit and financial reporting requirements; relevant software.
Ability to: define goals and develop plans/mechanisms to achieve them; establish and maintain effective working relationships with peers and colleagues; exercise effective time management, balance multiple priorities and consistently meet time lines and due dates; develop, implement and monitor internal controls; use and apply relevant software programs.
Self-starter, comfortable working with considerable responsibility with minimal supervision. Professional demeanor that "presents well" to public officials (elected and appointed). Accustomed to working with multiple agencies and engendering a cooperative relationship. Ability to brief and speak to elected and appointed officials and the general public in an easily understood manner. Ability to prepare briefings, charts and information papers readily understood by the general public.
Certain applicants may be initially interviewed by telephone, Internet or in person. Initial interviews are anticipated to be scheduled between October 25 and November 1. The top ranked applicant or applicants may also be asked to provide permission for NVTA to conduct credit check and criminal background investigation.
It is anticipated that the Executive Director will make selection decision by November 8, with a preferred starting date of November 25.
Work will typically be performed in a quiet, office environment. Support to Authority (and potentially, committee) meetings will be in a public meeting environment that may be crowded and sometimes noisy.
Submit your resume by email to Camela Speer at firstname.lastname@example.org.
Go to www.thenovaauthority.org for general information about NVTA.
Most positions advertised here are merit system positions funded
for full benefits such as health insurance, retirement, life insurance
and paid leave. Follow the link for details on Fairfax County's
program for merit system employees. If a position is not funded
for benefits that information will generally be included in the