Chief Financial Officer

Job Details

Job Location:

Alexandria, VA 22314
Position Type:
Full Time
Education Level: 4 Year Degree

Travel Percentage :
Up to 10%

Job Shift: Any
Job Category:
Finance

The Chief Financial Officer (CFO) develops, organizes, and manages all financial functions for Alexandria Transit Company (ATC) and its employer subsidiary corporation, Transit Management of Alexandria, Inc. (TMA) (collectively referred to as the “Company”), including budgeting, grants and capital projects, accounting, payroll, treasury, financial reporting, procurement and contract administration, risk management, and internal controls.

The Company’s operations and capital program are funded by federal, state, regional, and local dollars. The CFO is entrusted with the stewardship of those public funds and is accountable for ensuring they are budgeted, obligated, spent, recorded, and reported in accordance with the requirements of each funding source, applicable law, and the public trust.

The CFO is a key member of the Executive Leadership Team and a strategic advisor to the GM/CEO and the Board of Directors. This is also a working leadership role in a small finance department that requires direct engagement in daily approvals, reviews, reconciliations, and deadlines. Under the direction of the GM/CEO, the CFO develops financial policies, procedures, and programs to ensure the Company operates in accordance with legal and regulatory requirements.

• Provides overall leadership, guidance, and vision for the Finance Department, directly supervising the Accounting Manager (who oversees the Payroll Specialist, and the Financial Specialist), the Fiscal Analyst, and Operations Payroll Specialist.
• Sets goals and priorities, establishes policies and procedures, coaches and counsels staff, and holds the team to performance standards. Directs the work of the Company’s data team as it relates to financial and regulatory reporting.
• Serves as a key member of the Executive Leadership Team. Translates the Company’s strategic goals into sound financial plans and advises the GM/CEO on the financial implications of service, capital, and workforce decisions.
• Presents financial updates and reports to the GM/CEO, ATC Board of Directors, City leadership, City Council, and other City boards and commissions.
• Provides training and development for staff across the Company on finance, procurement, and compliance, and resolves sensitive matters requiring positive employee‑relations skills, such as payroll and benefits disputes.

• Develops the annual operating budget and ten‑year rolling capital improvement program (CIP) for the GM/CEO, working within the City of Alexandria’s budget process. Projects personnel and non‑personnel expenditures, revenues, and capital cost estimates, and prepares budget presentations and materials for the GM/CEO, Board of Directors, City Office of Management and Budget (OMB), and other stakeholders.
• Produces recurring and ad hoc budget reports for the Executive Leadership Team and the Board of Directors, monitoring actual revenue and expenditures against budget and projecting year‑end results on a continuous basis.
• Exercises budgetary authority for the Company, ensuring spending remains within budget by authorizing personnel requisitions and purchase orders.
• Advices departments throughout the year on budget priorities and cost‑effective ways to achieve them, including the long‑term implications of proposed staffing changes, in coordination with Human Resources. Provides the GM/CEO with follow‑up analysis on whether implemented changes achieved their intended financial result.

• Serves as the Company’s main liaison with grantor agencies, including the Federal Transit Administration (FTA), Virginia Department of Rail and Public Transportation (DRPT), Northern Virginia Transportation Authority (NVTA), and Northern Virginia Transportation Commission (NVTC), as well as appropriate City staff. Facilitates compliance with grantor policies, procedures, and specific grant conditions.
• Ensures grant funds are expended only for…