Business and Finance Officer IV

The Department of Executive Services is seeking a Business and Finance Officer IV (BFO IV) for the Facilities Management Division (“FMD”). This position will report to the FMD Finance Manager and will be responsible for the FMD’s Internal Service Fund (“ISF”). The ISF is the main operating fund for FMD and charges a set month fee to other King County entities and records operating expenses for FMD.

The successful candidate will be a team player who will supervise four direct reports and take ownership of the ISF while also providing technically specialized financial analysis. This role will interact with all levels of our division and department. We are looking for someone that wants to make a big impact in a small division. Our division is working to make our processes more agile, and this is an exciting time to join up with us.

We are not looking for “business as usual”, we are looking for innovative individuals interested in doing work to better the community. The BFO IV for FMD is someone that will bring business acumen, leadership skills, and technical abilities. Our BFO IV is a hands‑on leader providing guidance and expertise to all facets of the division.

This position not only records monthly transactional activity for the ISF but will also be responsible for investigating and analyzing fund variances, leading the fund’s operating budget for the upcoming  biennium, ensuring payroll for the section accurately reflects work performed, and continuing the continuous process improvement team’s work as a key member of that cross-functional work group.

Finally, this employee assists the Finance Section with periodically required quarterly and annual reports and analyses all while fielding ad hoc questions from FMD leadership, King County’s Executive Budget Office Team or the King County Council regarding the fund’s operations and financial stability.

This position performs a wide variety of complex accounting, analytical, technical, compliance, and reporting functions. Specific duties include, but are not limited to:

• Supervising the bi-weekly payroll process for all FMD staff
• Managing ISF cash flow
• Creating biennial ISF budgets
• Lead the biennial ISF central rate development for the budget
• Analyzing and reporting to various levels of King County on fund variances
• Financial monitoring of any capital projects linked to the ISF
• Work with the Deputy Director of Strategic Planning on various continuous improvement projects
• Working closely with other FMD section managers to improve each section’s financial results
• Collaborating with other finance section staff
• Periodically providing grant, bond, and regulatory compliance to designated oversight agencies
• Support with the annual Federal & State Audits
• Support for preparing the Annual Comprehensive Financial Report (“ACFR”)
• Coordinate the purchasing card, (“P-Card’) program for FMD
• Other duties as assigned.

This role manages day-to-day financial activities of the ISF and plays an instrumental role in preparing and analyzing monthly budget to actuals variance reports, preparing general ledger and intercompany fund accounting transactions, documenting financial decisions made, and performing ad hoc analysis as necessary. This position assists in ensuring our ability to accomplish work efficiently, timely, and in alignment within the King County Council’s approved budget and the King County Executive’s established priorities.

FMD’s BFO IV works in a challenging environment and has the opportunity to shape and guide the divisions’ financial practices.

FMD is responsible for providing safe, welcoming, and sustainable facilities for all King County employees. We achieve this through maintaining all King Coun ty owned…