Chief Financial Officer

$122,532 - $170,000/Yr

: Honolulu Authority For Rapid Transportation

Full-time - Executive

Onsite

About the position

The Honolulu Authority for Rapid Transportation (HART) is seeking an experienced and strategic-thinking financial executive to fill the role of Chief Financial Officer/Director of Finance. This pivotal position leads a crucial organizational division within HART and reports directly to the Executive Director/Chief Executive Officer. The Chief Financial Officer is responsible for overseeing all areas of finance, which includes financial reporting, long-range forecasting, budgeting, accounting, grants management, and procurement. HART is a semi-autonomous agency of the City and County of Honolulu, tasked with the design and construction of Hawaii's largest infrastructure project, which is also the nation's first fully-automated rail transit system. Currently, significant work is underway to extend the rail system past the Daniel K. Inouye International Airport and into downtown Honolulu, representing an 18.9-mile fixed-guideway rail system with 19 stations. This is an exciting time for HART, as the first segment of the rail system has recently opened to the public. In this role, the Chief Financial Officer will be responsible for all aspects of HART's fiscal operations, ensuring compliance with applicable city, state, and federal regulations. The CFO will collaborate with other HART leaders to fulfill the organization's mission and vision, which focuses on delivering a safe and high-quality rail system. The position involves directing the development of HART's operating and capital budgets, cash flow forecasts, and long-term financial plans, while also overseeing the annual financial statement audit performed by independent accountants. The CFO will lead the preparation and analysis of financial statements, analyze procurement activities, and administer HART's General Obligation Bond program. Additionally, the CFO will present information and participate in discussions with various stakeholders, including the HART Board of Directors, City Administration, and elected officials, while providing support and advice to HART's Executive Director/CEO and other leaders on financial matters.

Responsibilities

• Responsible for all aspects of HART's fiscal operations, including relevant policies, procedures, and practices throughout the organization.
• Collaborates with other HART leaders to fulfill HART's Mission and Vision, which centers on the delivery of a safe, high-quality rail system.
• Directs and participates in the development of the HART operating and capital budgets, cash flow forecasts and long-term financial plans.
• Oversees the annual financial statement audit performed by independent accountants.
• Performs timely reviews of audit information and financial statements and actively engages in status meetings to ensure a timely completion of the audit.
• Leads and contributes in the preparation and analysis of financial statements and related activities.
• Analyzes procurement activities, including the development of procurement standards and compliance with regulatory requirements.
• Administers HART's General Obligation Bond program, including the determination of bonding needs and collaboration with the City's Department of Budget and Fiscal Services and external bankers and bond advisors.
• Presents information and participates in discussions with the HART Board of Directors, City Administration, the Honolulu City Council, elected officials and their staff, and city, state and federal oversight agencies.
• Supports and advises HART's Executive Director/CEO and other HART leaders on financial matters.

Requirements

• Bachelor's degree in finance, accounting, or another field directly relevant to the responsibilities of the position.
• Minimum 5 years of progressive financial leadership and supervisory experience.
• Experience in long-term financial planning is required.
• Strong communication skills are essential.

Nice-to-haves

• Governmental experience is preferable but not required.

Benefits

• Vacation: Employees may earn up to 21 days per year.
• Sick Leave: Employees may earn up to 21 days per year.
• Holidays: 13 days a year; 14 days during an election year.
• Training and Development: Computer, career, and personal enhancement courses are offered; curriculum designed for employee, supervisory, and management development.
• Medical, Dental, Prescription Drug and Vision Care: Various health plans are available. Premiums are subsidized by the City and deductible from pre-tax income for participants of the Premium Conversion Plan (PCP).
• Group Life Insurance: No cost for eligible employees.
• Deferred Compensation Plan: Invest in your future…choose to defer part of your pre-tax income for retirement.
• Retirement Plan: The Employee Retirement System (ERS) of the State of Hawaii administers retirement benefits for State and County employees. Employee contribution required.
• Commuter Choice Pre-Tax Benefits: Employees may designate certain transportation expenses (TheBus, LOTMA, Vanpool Hawaii, etc.) as pre-tax item.
• Parking: Some job locations offer parking on-site; others may have access to parking at low monthly rates.
• Direct Deposit: Direct deposit of paychecks to designated financial institution is available.
• Employee Assistance Program (EAP): Confidential, professional counseling and resource referral.
• Public Service Loan Forgiveness (PSLF) Program: A federal program forgiving the balance of federal student loans for individuals working in public service.