Vice President of Administration and Finance

• Location 6700 DELILAH RD,Egg Harbor Township, NJ, ,United States
• Base Pay $ - $ / Year

• Name Sharon Denise Hunt
• Phone

Description

• Directs ACUA’s debt and capital financing activities, including bonds, notes, and infrastructure financing, and coordinates with financial advisors, bond counsel, underwriters, lenders, rating agencies, bondholders, bond insurers, and state agencies, as applicable. Meets with key stakeholders of the Wastewater and Solid Waste systems regarding financial and operational matters, including annual budget meetings, contract negotiations and renewals, rates, and other significant business matters.
• Monitors all capital funding and expenditure 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 expenditures against NJIB-approved loan amounts and oversee the related financing, reimbursement, billing, and reporting processes.
• Monitors debt obligations and bond covenants to ensure compliance with financing requirements and ACUA financial policies.
• 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.
• 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, budget, payroll, accounts receivable 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; evaluate significant collection risks and financial opportunities, including renewable credit sales, when applicable.
• Leads assigned managers, establishes departmental goals, evaluates performance, and exercises personnel authority for assigned staff.
• Provides executive oversight of human resources, 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…