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City of Moreno Valley, CA - Moreno Valley, CA

posted 4 days ago

Full-time - Mid Level
Moreno Valley, CA
Executive, Legislative, and Other General Government Support

About the position

The City of Moreno Valley is now hiring for the Electric Utility Finance Manager position. This role is exempt from overtime pay requirements under the Fair Labor Standards Act (FLSA). The position involves planning, directing, and reviewing all utility financial-related activities, including operating and capital budgets, accounting and financial reporting, financial forecasting, bond issuances, internal and external audits, rate administration, utility billing, and customer information systems. The ideal candidate will have excellent organizational and time management skills, project management skills, and the ability to work closely with others as part of a team.

Responsibilities

  • Direct and participate in the development and implementation of strategic goals, standards, objectives, policies and procedures.
  • Direct and participate in the financial activities of the Division, including financial accounting and reporting, financial forecasting, revenue bond financing, revenue forecasting, and rate level determinations.
  • Develop and implement financial plans and systems, including risk management measures to ensure effective and economic use of Division's assets.
  • Plan, direct and review the activities of the utility billing and Customer Information/Business Systems financial functions.
  • Prepare short-and-long term financial forecasts, including sales, costs and fund balance.
  • Prepare and produce data for submission to regulatory agencies; serve as expert witness and represent City interests as required.
  • Coordinate the Utilities' IT initiatives with the City's IT Department to ensure the Utilities' needs are met.
  • Develop performance measures and monitor costs of operations.
  • Direct and review the development of supporting data and preparation of recommendations on electric rates.
  • Direct and participate in the preparation and control of operating and capital improvement budgets.
  • Direct and participate in the preparation of cost of service rate studies.
  • Serve as department representative or alternate on, and to, City committees, project committees, power agencies and industry organizations.
  • Coordinate Division activities with other City departments, divisions and with outside agencies and organizations.
  • Coordinate the Division's internal and external auditing activities.
  • Direct the preparation of technical and administrative reports, presenting reports and recommendations to the Electric Utility Division Manager, City Manager, Utilities Commission, City Council and other agencies and organizations.
  • Select, supervise, train, and evaluate professional, technical and administrative support subordinates.
  • Supervise the selection, and activities, of professional consultants, advisors and contractors.
  • Serve as Acting Electric Utility Division Manager as assigned.
  • Participate in economic development activities of the City by proposing and implementing ideas and proposals where the Utility could be of benefit.
  • Perform other related duties as assigned.

Requirements

  • A bachelor's degree in finance, statistics, business, economics, or a closely related field; OR, equivalent related work experience.
  • At least five (5) years of progressively responsible financial management experience in a comparable utility.

Benefits

  • A valid California driver's license and the ability to maintain insurability under the City's vehicle insurance policy.
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