Finance Manager for the Contra Costa Transportation Agency

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Job Description
The Agency
Located in Walnut Creek, California, the Contra Costa Transportation Authority (CCTA), plans and delivers critical transportation infrastructure projects and innovative mobility programs that connect communities, foster a strong economy, increase sustainability, and safely and efficiently get people where they need to go. Working with experts and industry partners, CCTA is reimagining transportation in Contra Costa County to deliver the best, most state-of-the-art mobility options that will save time, money, and hassle for residents and visitors alike.
With a staff of approximately 20 people managing a multi-billion-dollar suite of projects and programs, CCTA serves Contra Costa County and its 19 cities and towns in the East Bay of the San Francisco Bay Area. The County covers approximately 733 square miles and has 1.1 million people. The region’s landscape includes many protected natural areas, including bayside areas, inland valleys and the majestic Mount Diablo, which reaches an elevation of 3,864 feet. The CCTA Board is comprised of fourteen members: eight elected officials appointed by each of the four sub-regional transportation committees, two elected County officials appointed by the Board of Supervisors, one elected official appointed by the Contra Costa Conference of Mayors, and three non-voting Ex-Officio Representatives that represent the Bay Area Rapid Transit, Bus Operators, and the Metropolitan Transportation Commission. The Executive Director is appointed by the Board and runs the day-to-day operations.
CCTA is a successful leader in transportation innovation, able to generate funding for local improvements and has a track record of executing projects and strengthening transportation in Contra Costa County. CCTA was originally formed to manage the funds generated by the half-cent transportation sales tax which Contra Costa County voters enacted in 1988, and to oversee the implementation of the “Measure C Expenditure Plan (as amended).” In 2004, the sales tax was renewed for an additional 25 years (beginning on April 1, 2009, through 2034), and a new expenditure plan, the “Measure J Expenditure Plan (as amended, November 7, 2011)” was adopted. As Contra Costa County’s transportation sales tax agency, the Authority oversees the design and construction of the transportation projects included in the Expenditure Plans, carries out the programs included in the Expenditure Plans, most notably, the county’s Growth Management Program, and provides the financial structure that ensures the optimum use of the sales tax dollars as intended by the voters.
The agency has evolved to become a results-oriented, dynamic, state-of-the-art organization that encourages professionals to bring the organization forward and take calculated risks. CCTA works as a highly collaborative and communicative regional partner and is nationally and internationally recognized for its innovation and effectiveness. The office boasts a positive work environment and is conveniently located within walking distance to a BART station.
The Opportunity
CCTA is seeking to fill the position of Finance Manager within the Finance Department. CCTA is responsible for a highly complex financial system of revenues from federal/state/local grants, tax revenues, and other funding sources that are allocated among programs of the CCTA.
For Fiscal Year 2021-22, the CCTA’s operating budget of $174.4 million includes $59.4 million for projects; $69.4 million for congestion management, planning, and programs; $43.5 million for debt service; and $2.1 million for administration. Total anticipated revenues are $133.6 million including $35 million from federal, state, and local sources; $98 million from general sales tax revenues; and $625,000 in interest and other income. Other funding sources of $40.8 million are the constant accumulation of sales tax revenue collected in prior years programmed to specific projects and programs outlined in the adopted Measure J and Measure C Strategic Plans.
The Finance Manager is an exempt position that reports directly to and works in cooperation with the Chief Financial Officer (CFO). The Finance Manager has the opportunity to independently lead important financial and accounting activities on behalf of CCTA such as oversight of General Ledger accounts, annual budget development, and the Annual Comprehensive Financial Report. CCTA has received a Certificate of Achievement from the Government Finance Officers Association for the past nine years, has unmodified, clean audits, and takes a lot of pride in ensuring sound, financial decision making for the residents of Contra Costa County. The Finance Manager will play a key role in ensuring this financial success.
The Finance Manager functions as a business manager and is responsible for understanding all financial and accounting requirements and the coordination necessary to ensure compliance by CCTA with those requirements. The Finance Manager provides quality control and supervision for a range of finance tasks and general accounting activities, including supervision of funding allocations, contract administration, grant administration, accounts payable/receivable, and payroll functions.
Job Requirements
The Ideal Candidate
The ideal candidate will possess the following characteristics:
Has a strong accounting
and capital
program background with the ability to take responsibility
for significant financial reporting and compliance.
Thrives in an entrepreneurial work environment
with collaborative
colleagues and a team-oriented culture.
Welcomes leadership who values and empowers employees
to take initiative
and make independent decisions.
Has a professional interest
in developing updated financial policies/ procedures
and creating special funds
designed to monitor and report on future revenue streams.
Sees communication
as a key tool to success
when working collaboratively
with colleagues and conveying
vital financial information to the CCTA Board.
Education and Experience
Degree in accounting, business administration, public administration, economics, or a related field, with an emphasis in finance and/or accounting from an accredited university.
Five years of increasingly responsible accounting/finance experience. A master’s degree in a related field or Certified Public Accountant certification may be substituted for up to two years of experience.
Salary and Benefits
Depending on qualifications, the salary range is $131,929 to $178,089 annually. CCTA provides an annual adjustment based on the Consumer Price Index and regularly performs compensation studies to ensure compensation rates remain competitive.
CCTA offers very competitive benefits including:
CalPERS retirement benefits
Classic members: 2% @55
New Members: 2% @62
CalPERS retiree health, dental and vision benefits subject to the CalPERS Health Vesting Requirements
CalPERS medical insurance for employees and dependents with an employer contribution rate of 95% of Kaiser Region 1 basic rates
Dental and vision insurance for employee and dependents, paid 100% by the employer
Flexible Spending Accounts
Employee Assistance Program
Group life and accidental death insurance
Short- and long-term disability insurance
Unemployment insurance
Twelve annual paid holidays
Three floating holidays
Accrued vacation after six months of service
Less than three years: 160 hours
Three to 10 years: 200 hours
More than 10 years: 240 hours
Accrued sick pay of ten hours per calendar month
Bereavement leave
Deferred compensation plan with employer contributions based on years of service
Commute alternative incentives
Telecommunication stipend
Relocation expenses available
On-site gym in the building
CCTA has transitioned to a flexible, hybrid work schedule. Employees must attend monthly all-staff and department meetings, as well as public meetings associated with the duties of the position in person.
To Be Considered
Interested candidates are encouraged to submit their cover letter and resume by March 24, 2022.
To apply for this outstanding opportunity, please submit your resume and cover letter via the link below.
Questions may be directed to Nancy Hetrick of **MEMBERS ONLY**SIGN UP NOW***. via email: ****
or 408-437-5400.
Job Address
Walnut Creek
California
United States
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