Chief Financial Officer

The Chief Financial Officer (CFO) is an essential part of the Executive Leadership Team of the Ontario International Airport Authority (OIAA), leading a multi-disciplinary Team of financial professionals in the development and execution of OIAA’s financial operations and strategies. Reporting directly to the Chief Executive Officer, the CFO provides highly responsible and complex financial and business decision guidance. The CFO is responsible for overseeing all financial matters pertaining to the achievement of financial objectives enabling OIAA to optimize its operating efficiency.

Important and essential duties may include, but are not limited to the following:

• Executive financial leader for OIAA, responsible for creating and implementing strategic financial plans and determining available financial resources to support the ongoing success of the airport
• Develop and oversee OIAA’s annual operating budget, and implement a plan to track and forecast monthly expenses and revenues
• Develop and administer the airport’s capital budget, supporting the Capital Improvement Program
• Establish and administer the overall financial activities of the airport, including cash management, treasury, and internal controls to ensure processes and procedures are in accordance with accounting standards, laws, and regulations and OIAA’s Investment Policy.
• Oversee the annual audit of OIAA’s financials, and periodic audits of OIAA’s revenue generating agreements.
• Manage OIAA’s overall financial interests, capital structure and debt/equity mix, ensuring financial metrics and targets are met
• Manage the development and evaluation of short- and long-term financial goals, grant administration and financial reporting
• Ensure compliance with GAAP and applicable federal, state, and local regulatory laws and rules governing financial and tax reporting
• Review and manage cash, grants, funds, and assets in addition to maintenance of adequate funds through cash and financial forecasts to meet outstanding and future financial commitments
• Manage capital expenditures and administer the Airport Authority’s investments
• Plan and manage OIAA’s debt position, including the issuance of bonds, relying as appropriate on outside advisors and underwriters.

• Responsible for establishing the goals and objectives of the Finance Team consistent with OIAA’s priorities and in support of OIAA’s Strategic Plan

• Establish realistic performance metrics for the finance team and individuals; measure progress toward goal accomplishment; ensure work efforts are aligned; measure and evaluate results.
• Analyze OIAA’s current and forecasted financial and operating performance; provide analysis, reports and interpretations clearly, concisely and accurately through oral and written communications to the CEO and Board of Commissioners
• Ensure the CEO is kept abreast of critical issues or conditions and maintain an effective external and internal communication system among all OIAA divisions
• Manage relationships with financial institutions, rating agencies, financial advisors, capital investors, federal program managers and other related stakeholders to maximize exposure and performance of OIAA’s capital project financing needs.
• Review OIAA's financial statements and accounting reports for appropriateness and accuracy. Ensure the integrity of OIAA's financial reporting, including its annual financial statements and continuing disclosure.
• Leadership role in the development and issuance of financing structures to support OIAA's capital demands.
• Responsible for oversight of Federal Grants, Passenger Facility Charges (PFCs) and Customer Facility Charges (CFCs).
• Build, lead, and motivate the Finance and Accounting staff to assure that OIAA attracts and retains highly skilled professionals
• Partners with the Finance, Revenue Management and Capital Development teams to build a reliable forecast of revenue and expenses

• Provide significant input into overall strategic, business, and financial plans
• Review budgets submitted by OIAA Divisions and collaborate on priorities
• Assure that all activities are carried out with a high level of attention to safety and security

• Fosters an…