Deputy Chief Financial Officer

JOB SUMMARY:

The Deputy Chief Financial Officer (DCFO) is responsible for oversight of the accounting, payroll and procurement functions. These functions include procurement, contract management, treasury, debt, general ledger, accounts payable, account receivable, payroll processing, payroll tax and other filings, and year-end compliance with IRS requirements. In addition, the Authority has four Authority-sponsored pension funds that will require involvement as a pension committee member and coordination on various matters related to these plans.

The Deputy Chief Financial Officer (DCFO) shall have experience with overseeing all financial aspects of an organization, including strategic financial planning, budgeting, cash flow management, risk assessment, and financial reporting.

This is an in-person position working out of Rochester, NY. Please note, RTS does not cover any relocating expenses.

 

REPORTS TO:  Chief Financial Officer

 

SUPERVISES:  Procurement/Contract Management and Accounting/Payroll areas.

 

COMPENSATION: $135,000 - $155,000 annually (depending on experience)

 

BENEFITS INCLUDE:

• Staying Healthy: Medical, Dental, and Vision (Dental & Vision currently free), Flexible Spending Account (FSA)
• Feeling Secure: Disability Insurance, Pension Plan, NY State Deferred Compensation Plan, Life & Accidental Death & Dismemberment (AD&D) Insurance, Accident Insurance, Group Specified Disease Insurance and Hospital Insurance
• Work-Life Balance: Paid Time Off (PTO: 17 days upon hire; accrue additional time after 1 year), Employee Assistance Program, Paid Holidays, Verizon Wireless Discount, On-site Fitness Center open 24/7, Employee Wellness Program, Culture & Inclusion Council, BJ's Wholesale Club Discount, and more!

Click here to view current medical plan rates!

 

ESSENTIAL FUNCTIONS:

• Participates in the creation and implementation of financial planning and analysis, including budgeting, forecasting and financial modeling to guide company strategy. Work to identify, assess, and mitigate potential financial risks within the company.
• Be proficient in analyzing expenses and implementing cost-saving measures to optimize the long-term fiscal sustainability of the organization.
• Oversees general accounting/payroll operations and procurement/contract management and evaluates current process methods while working with all stakeholders to create buy-in.
• Ensures compliance with federal and state procurement regulations.
• Guides and trains all subordinates as well as evaluates performance to ensure compliance with overall objectives.
• Provides technical financial advice and knowledge to others within the financial discipline and continuously improves through education of department managers and directors on financial issues.
• Oversees the annual general ledger closing process to ensure timely delivery of accurate internal financial statements within required timeframes.
• Develops and assists in developing the required GAAP Financial Statements to the external auditors within required timeframes to meet state and federal requirements.
• Direct involvement in monitoring of cash disbursement needs and communicates with the Chief Financial Officer on the investment of funds more than necessary cash requirements
• Oversees the preparation of all required Internal Revenue Service filings including W2s, 1099s, and review of Payroll tax reporting.
• Involvement in the management/fiduciary responsibilities of the Authority-sponsored four pension funds.

 

Additional Responsibilities:

• Accomplishes all other duties and tasks as appropriately assigned or requested.

 

Education and Experience:

• Bachelor's degree required. Master's degree preferred.
• A minimum of 10 years of progressively responsible experience in financial management, accounting, or a related field.
• A minimum of 5 years of leadership or senior management experience, preferably overseeing accounting, procurement, payroll, or treasury functions.

 

Knowledge, Skills and Abilities:

• Strong analytical skills to interpret financial data and identify trends.
• Communication skills to effectively communicate complex financial information to both technical and non-technical audiences.
• Leadership abilities to inspire and motivate the finance team to achieve goals.
• Business acumen: Understanding the broader business landscape and aligning financial strategies with overall company objectives
• Ability to perform a wide variety of duties requiring considerable judgment to work independently devising new methods, adapting or changing standard procedures to meet new conditions and making decisions guided by precedent and within the limits of established policies.
• Ability to work from general objectives, policies, procedures, rules or precedents with little functional guidance.  Rarely refers specific cases to supervisor unless clarification or interpretation is involved.  Review by supervisor focuses on achievement of the objective and not on the means.
• Excellent computer skills, including intermediate knowledge of MS Outlook, MS Word, MS PowerPoint, and MS Excel. Currently the Authority uses Lawson Financial System and UKG HCM to support the Accounting/Payroll areas; must use and serve as administrator on various financial institutions' websites, applications, and software and it is anticipated that knowledge of these or similar systems will be beneficial.
• Attentive to detail and accuracy.
• Excellent written and verbal communication skills.
• Strong interpersonal and customer service skills; ability to work across all levels of the organization.
• Strong time management skills; ability to manage multiple priorities and work under pressure.
• Ability to think critically and strategically; business insight.
• Adaptability; flexibility; ability to work in a fast-paced environment with changing priorities.
• Excellent time management and organizational skills.

 

PHYSICAL DEMANDS & WORK ENVIRONMENT:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit while using hands to finger, handle, or feel objects, tools, or controls. The employee frequently is required to talk, hear, see, and use a computer. Specific vision abilities required by this job include close vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.  The employee is occasionally required to stand, walk, reach with hands and arms, and stoop, kneel, crouch, or crawl.

The noise level in the work environment is usually light.

The employee must regularly lift and/or move up to 10 pounds.

Please note: RTS does not cover any moving or relocating expenses.

 

ADDITIONAL INFORMATION:

Rochester Genesee Regional Transportation Authority (RGRTA) is committed to equal opportunity for all, without regard to race, religion, color, national origin, citizenship and/or immigration status, sex, sexual orientation, gender identity, pregnancy, age, veteran status, disability, genetic information, or any other protected characteristic under applicable federal or state law. RGRTA will make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodation would impose an undue hardship on the operation of our business.