Chief Financial Officer

Job Description

Creating economic opportunities and building community for all of Thurston County through responsible resource use.

The Port of Olympia is a Washington State special purpose municipal corporation serving all of Thurston County. With a proud history deeply rooted in the region, the Port of Olympia stands as a beacon of community service, economic development leadership, tourism, and environmental stewardship. The Capital City port owns and operates four distinct business lines. From the diverse commercial real estate portfolio to the specialized break bulk marine terminal, from the vibrant Swantown Marina and Boatworks to the strategically located Olympia Regional Airport, the Port is well balanced and committed to fostering economic growth of the South Puget Sound region while serving the needs of the global clientele.

For over a century, the Port of Olympia has been a cornerstone of economic prosperity in the community and region. The Port’s operations have not only created thousands of jobs but also bolstered the tax base, fueled business expansion, and heavily contributed to local tourism in the area. Today, the Port sustains well over 5,000 jobs throughout Thurston County, generating millions in revenue and contributing substantially to state and local tax, further underlining our commitment to the growth and vitality of our region.

Reporting to the Director of Enterprise Services, the Chief Financial Officer (CFO) develops and implements financial strategies for the Port, including budgeting and capital planning, debt management, asset/liability management, and cash management. The CFO also provides financial management, particularly in the areas of new business ventures and the treasury function.

The CFO is responsible for planning, organizing and directing the Port’s finance, accounting, budget and audit services. They have operational oversight and are responsible for the Finance Department including leading and setting the strategic direction for the staff within that division. The CFO ensures operational effectiveness of the Finance Division and that the Port is meeting its legal obligations regarding budgeting, compliance reporting, and financing.

Responsible for fostering a rewarding and highly performing work environment within the Finance department.

The essential duties and responsibilities of this position include, but are not limited to the following:

• Oversee the preparation of the Port’s operating and capital budgets
• Prepare and update the five-year financial plan and other long-term projections and plans
• Ensure the Port complies with finance related RCW’s, including proper filing of the annual budget and tax levy with Thurston County and annual report filing with the WA State Auditor’s Office
• Prepare cash flow projections, analysis, life cycle costing and financial modeling
• Develop and maintain overall internal control and risk management structure which addresses department technical requirements, asset management, and financial reporting systems
• Own all aspects of the Port’s cash management system
• Work with consultants, Port staff, legal counsel, financial advisors and auditors on Port financial matters including bond debt issues, real property acquisition, compensation programs, labor negotiations, litigation and other significant business matters
• Work closely with directors and business managers during lease/business negotiations by providing due diligence financial analysis
• Work closely with directors and business managers to develop business plans and optimize business performance
• Develop and maintain long-range financial plans consistent with the Port’s Comprehensive plans
• Supervise staff, including developing and monitoring of work plans
• Identify issues, formulate solutions and implement plans to resolve problems
• Attend Commission and other special meetings, providing financially related presentations and analysis to provide both the commission and public with critical information as needed

Required:

• A bachelor’s degree in accounting, finance, business administration or closely related field and 8-10 years of related experience

OR

• 10-12 years…