Vice President Of Sales Jobs in New Jersey

Please complete an online application at acua.com/careers.

SUMMARY

Updated Summary: The Vice President of Finance and Administration provides executive leadership for ACUA’s financial strategy and administrative operations. The position directs budgeting, long-range financial planning, accounting and reporting, treasury, capital funding, debt financing, and the annual audit. It oversees compliance with public finance requirements and financing agreements, including bond covenants, and advises the President and Board on financial performance, risks, and funding decisions. The role also provides executive oversight of human resources, payroll, benefits, risk management, and safety, and leads assigned managers.

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES

· Coordinates and directs ACUA financing activities, including working with financial advisors, bond counsel, underwriters, rating agencies, state agencies, bondholders, and bond insurers, as applicable, and participating in related presentations and financing transactions. Monitor bond covenants for company compliance and execution of financial policy

· Monitors all capital funding and expenditures particularly to ensure no over-expenditure or usage for unauthorized purposes. Works with responsible staff on development of capital budget and long-term plan.

· Monitors Wastewater Treatment Trust budget, state reimbursement process and reporting to the Infrastructure Trust. Manages NJIB financing and billing process.

· Stays informed of and current on GASB and GAAP regulations and Local Finance Board Notices regarding accounting and financial activities.

· Oversee and is responsible for the Authority’s annual financial audit process, including coordination with the independent auditors, review of financial statements and audit results, resolution of audit matters, and presentation of audit findings and financial results to management and the Board. Reviews significant findings and directs corrective action through responsible managers.

· Develops financial strategy, policies, and long-range forecasts that support the Authority’s goals and financial sustainability.

· Leads development of annual operating and capital budgets; presents recommendations to the President and Board, oversees required budget submissions, and directs corrective action on significant variances.

· Directs debt and capital financing, including bonds, notes, and infrastructure financing; leads relationships with financial advisors, lenders, rating agencies, bondholders, and relevant state agencies.

· Leads and coordinates ACUA debt and equipment financing activities, including bond and note issuances and lease financing; oversees the process from solicitation and evaluation of financing proposals through award, escrow, execution of agreements, and closing; and coordinates with financial institutions and other financing professionals.

· Oversee treasury, investments, cash flow, and banking relationships to protect public funds, maintain liquidity, and meet debt obligations and bond covenants.

· Evaluates the financial impact of capital projects, programs, and proposed policy changes; reviews forecasts and cost-benefit analyses and recommends priorities and funding strategies.

· Provides executive oversight of accounting, purchasing, financial reporting, and internal controls; establishes financial policy and ensures accountability for accurate, timely information and authorized expenditures.

· Ensures financial operations and reporting comply with applicable requirements, accounting standards, grant conditions, contracts, and financing agreements.

· Oversee revenue, grants, reimbursements, and capital funding; evaluates significant collection risks and financial opportunities, including renewable credit sales.

· Interprets financial results and risks for the President, Board, and leadership team and recommends actions to improve performance and resource allocation.

· Leads assigned managers, establishes departmental goals, evaluates performance, and exercises personnel authority for assigned staff.

· Provides executive oversight of human resources, payroll, risk and benefits, and safety policies; participates in collective bargaining and contract negotiations and advises on their financial implications.

· Oversees the financial aspects of pension and deferred compensation programs; coordinates the Deferred Compensation Committee and serves as liaison to the Plan Sponsor and Retirement Advisor.

· Performs special projects and other duties assigned by the President, supports ACUA’s environmental mission and customer service activities, and completes required position training.

MINIMUM EDUCATION AND EXPERIENCE REQUIREMENTS

· Bachelor’s degree in Business Administration, Finance, or Accounting.

· Valid credential as a Registered Municipal Accountant or Certified Public Accountant issued by the New Jersey State Board of Accountancy, or as a Certified Municipal Finance Officer issued by the New Jersey Department of Community Affairs, Division of Local Government Services.

· At least five years of supervisory financial management experience involving accounting, budgeting, financial analysis, strategy, reporting, and debt management.

· Experience working with state agencies and boards governing Authority financial activities, including the Local Finance Board and Department of Community Affairs.

· Experience directing and coordinating permanent financing, including presentations to rating agencies, insurers, and bondholders.

· Valid New Jersey driver’s license in good standing.

ESSENTIAL SKILLS KNOWLEDGE AND ABILITIES

· Knowledge of governmental financial management, budgeting, accounting, financial reporting, internal controls, auditing, and public financing.

· Knowledge of Generally Accepted Accounting Principles, applicable governmental accounting standards, and laws and rules governing public funds, purchasing, and financial reporting.

· Ability to interpret complex financial information, evaluate risk, develop recommendations, and communicate clearly with the President, Board, staff, and external stakeholders.

· Strong leadership, judgment, analytical, organizational, interpersonal, and customer service skills; proficiency in Microsoft Office and financial management applications.

PREFERRED QUALIFICATIONS

Master’s degree in Business Administration,

10 years of experience of which 5 years were in a supervisory capacity.

PHYSICAL REQUIREMENTS

The physical activities described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Essential functions are those functions that the employee who holds the position or the candidate that desires the position must be able to perform unaided or with the assistance of a reasonable accommodation. When possible, reasonable accommodations may be made for persons who are disabled under the law. Reasonable accommodations are those accommodations which, as defined under applicable State and Federal law, enable disabled individuals to perform the essential functions of their job title and to meet the Employer’s expectations for the job title. While performing the functions of this job the employee:

Constantly communicates, converses and exchanges information with customers, the public and other employees in person, electronically and/or via telephone. Constantly operates computer devices and/or business productivity machinery. Must be able to remain in a stationary position for at least 50% of the time. Frequently moves about inside the office to access file cabinets, office machinery, etc. Occasionally moves and transports supplies and materials up to 10lbs.

Pay: $145,000.00 - $150,000.00 per year

Benefits:

• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Retirement plan
• Vision insurance

Work Location: In person