Chief Financial Officer
3 weeks ago
Reporting directly to CUC’s Executive Director (“ED”) or designee, the Chief Financial Officer (“CFO”) works directly with the Deputy Executive Director (“DED”).
The CFO fills a position required by the Stipulated Order (“SO”) of the
United States of America vs. the Commonwealth Utilities Corporation and the Commonwealth of the Northern Mariana Islands,
filed in the U.S. District Court for the Northern Mariana Islands, Civil Case No. CV 08-0051. The Corporation is seeking a dynamic, experienced professional with strong collaborative leadership skills and demonstrated expertise in all areas of municipal and utility finance.
Duties:
Responsible
for the overall accounting, budgeting, and financial operations of CUC.
Supervises
financial professionals and support staff to include: prioritizing and
assigning work; conducting performance evaluations; ensuring staffs are
trained; and, making hiring, termination, and disciplinary
recommendations.
Maintains the
financial and budget records and accounts for monthly and annual reporting
of CUC.
Performs
financial, budget and rate analyses of operations and revenues; makes
recommendations for adjustments to rates.
Develops,
implements and enforces financial and budget policies and procedures.
Directing
preparation, analysis, implementation, and monitoring of the utilities’
financial reporting and budget process.
Prepares
complex financial and budget reports and special reports as requested by
the Board and ED supervising and interpreting study results, including
cost of service studies.
Schedules and
coordinates annual audits with independent contractors.
Prepares
monthly and an annual financial report of the financial condition of CUC.
Plans,
implements and monitors short and long-term goals for the department and
CUC.
Debt
management, issuance and administration.
Prepares
audit responses and ensure that appropriate corrective actions are
executed;
Review
accuracy of billing adjustments to individual accounts from billing staff
and receivable accounts.
Conduct
annual performance evaluation of accounting staff.
Other duties
of a similar nature or level as assigned or required.
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