Position Information

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Utility Finance Manager
Under general direction, this management position provides support to Glendale Water & Power's (GWP) management and their staff to ensure best business practices and financial and fiscal accountability. This position assists the Assistant General Manager in developing and implementing processes for GWP's strategic planning, resource planning, and long-range financial planning activities. In collaboration with the City's Finance Department, this position assumes the responsibility for accurate preparation and presentation of GWP's budge and financial statements and for day-to-day utility accounting operations. . This position is responsible for developing and implementing a financial management information system that provides decision support capability to help ensure efficient and effective execution of GWP's operational plans. This position also assists with Risk Management functions as needed

ESSENTIAL FUNCTIONS
Essential functions of the job include, but are not limited to, the following:
  • Ensures Department services are provided with exceptional customer service and the highest ethical standards.
  • Identifies the department goals, objectives, priorities and actions to be accomplished in relation to City’s Strategic Goals.
  • Develops and implements a financial management information system that provides decision support capability to help ensure efficient and effective execution of operational plans.
  • Develops, plans, organizes, supervises and evaluates the activities necessary to prepare Department’s annual operating budget and annual capital budget; and annual revenue forecast.
  • Develops, administers and monitors financial models for purchased power and water supply costs; assists in developing forecasts of department revenues, expenses and fund balances.
  • Performs periodic cost of service studies and design utility rates reflecting study results for Electric Utility and Water Utility.
  • Develops cost analysis for Department Fee Schedules for Customer Paid Services.
  • Develops and implements a comprehensive financial planning process, including implementation of a cash reserve policy, a debt management policy and strategies for reducing overall cost of capital and optimize funding alternatives.
  • Prepares cash flow analysis, financial reports, annual reports and statistics, planning models and other analyses to assist in short and long-term financial planning for Glendale Water & Power.
  • Oversees the day-to-day utility accounting operations that include energy accounting, general accounting, joint agency accounting, project accounting and annual disclosure requirements according to bond covenants.
  • Review and Approve (e.g., gathering information from billing system, analyzing estimates, calculating accrual amounts to record) journal entries of revenues and expenses to ensure entries are properly accrued and classified and consistent with established procedures.
  • Establishes methods and systems to track department revenue, expenditures and purchasing actions and recommends resolutions when inconsistent with annual budget.
  • Develops, implements, and provides training for GWP contract administration program including planning, monitoring and compliance with City policies and procedures, and standardizes business terms and conditions according to risk assessment, strategies to streamline contract approval processes, and ensure consistent and proper management of the change order and contingency process, along with developing a program for conducting contract compliance review.
  • Communicates with a wide range of counterparties, utility management, power resources and accounting staff on a variety of issues.
  • Develops tools and procedures to track and reconcile settlement and billing requirements; performs ongoing reviews of settlement and billing processes to identify corrective actions and measures if needed.
  • Analyzes, reviews, and calculates various financial, operational, and mandated key performance indicators and/or metrics to enable performance measurement and compliance.
  • Initiates, resolves, and reconciles payments or invoicing of wholesale energy-related obligations including compiling, verifying and transmitting settlement quality transaction information; filing disputes in a timely manner; verifying and confirming volumes, charges, and contract compliance.
  • Maintains accurate invoice and retrievable settlement data records and reports for power supply planning, operations, contract administration, budget preparation, and audits.
  • Acts as the primary contact for internal and external audits.
  • Represent GWP at meetings or on committees related to utility financial matters.
  • Establishes and maintains cooperative working relationships with other City departments, employees and officials at all levels of the organization, and with the representatives of external organizations and the public.
  • Plans, organizes and assigns work; develops and establishes work methods and standards; conducts or directs staff training and development; reviews and evaluates employee performance; recommends disciplinary action.
  • Drives on City business.
  • Assumes responsibility for ensuring the duties of the position are performed in a safe efficient manner.
  • Performs other related duties as assigned or as the situation requires.
To view the full job description, find information on benefits, and how to apply, visit the City of Glendale Career Opportunities webpage - click here.
 
Position: Utility Finance Manager
Organization: City of Glendale - Glendale Water & Power Department
Location: Glendale,  CA 
United States
Salary: $8,832.62 - $12,848.55 (USD) Monthly
Posting Start Date: 10/27/2021
Date Posted: 10/27/2021
Requirements MINIMUM REQUIREMENTS

Knowledge, Skills & Abilities
Knowledge of:
  • Audited financial activities that occur at the end of the fiscal year.
  • Automated spreadsheet and word processing programs.
  • Benchmarking and performance measurements.
  • City and Department policies and procedures.
  • Complex spreadsheets and database applications.
  • Effective training practices.
  • English grammar usage, spelling, punctuation, and business vocabulary.
  • FERC, CPUC and CAISO reporting requirements.
  • Financial planning, analysis, and statistical and economic analysis.
  • Functional capabilities of MUNIS or other similar Enterprise Resource Planning system.
  • Generally accepted accounting principles and fund accounting.
  • Governmental accounting and controls.
  • Methods of cost allocation.
  • Pertinent federal, state, and local laws, rules, codes, and ordinances.
  • Principles of municipal budget preparation and control.
  • Quantitative methods and statistical tools.
  • Risk identification, risk control, risk transfer and risk financing.
  • Risk management theory, principles and practices and their application.
Skill In:
  • Effective oral and written communications, both on a one-on-one and a group basis.
  • Making independent judgments and decisions based on standard policy or procedure.
Ability to:
  • Provide exceptional customer service to those using the Glendale Water and Power Department services.  
  • Analyze and interpret rate schedules of other utilities.
  • Apply administrative principles and techniques to resolve various management concerns.
  • Assist and or conduct electric and water cost of service studies.
  • Collect, compile and analyze data and information.
  • Effectively train and supervise subordinates.
  • Establish smooth working relationships and resolve interpersonal conflicts.
  • Forecast and develop models which simulate complex financial activities.
  • Foster a teamwork environment and positive organizational relations.
  • Maintain accuracy.
  • Maintain confidentiality when necessary and prudent.
  • Maintain, direct, improve, install and analyze accounting systems and procedures.
  • Make recommendations to change policies and procedures.
  • Model and practice the highest standards of ethical conduct.
  • Operate effectively and independently with managers in other departments, representatives from external agencies and contractors/consultants.
  • Prepare accurate financial reports.
  • Prepare and maintain disaster response and disaster recovery plans.
  • Prepare and monitor budgets.
  • Prepare complete and concise reports.
  • Read, write, communicate effectively and comprehend directions in English.
  • Review and evaluate employees' job performance, and effectively recommend personnel actions.
  • Understand legal contractual and lease documents.
 
Other Characteristics

Willingness to:
  • Work the necessary hours and times to accomplish project goals, objectives, and required tasks.
  • Assume responsibility for maintaining a safe working environment.
  • Initiate, recommend and carry out personnel actions.
Experience
  • Seven years of progressively responsible experience in one or more of the following areas:  budget preparation, financial analysis, cash flow modeling, cost of service analysis, and business process mapping and policies and procedures development. Such experience must include two years of supervisory experience. Previous experience working in a public utility highly desirable.
  • A Master's Degree or CPA certificate may substitute for one year of the required experience.
 
Education/Training
Bachelor's Degree in Finance, Accounting, Economics, Business Administration, Public Administration or a related field.
 
License(s)/Certification(s)
Valid Class C California driver's license.
 
Note
An equivalent combination of experience, education and/or training may substitute for the listed minimum requirements.

To view the full job description, find information on benefits, and how to apply, click here.
 
Status: This listing expires on: 12/26/2021
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Organization Information
Name:
City of Glendale - Glendale Water & Power Department
Address:
613 E. Broadway Room 100

Glendale,  CA 91206
United States
Email:
Phone:
(818) 548-2110
Fax:
Contact:
Human Resources