Chief Finance Officer

THREE VALLEYS MUNICIPAL WATER DISTRICT

Chief Finance Officer

Closing date – Tuesday, May 20, 2025

To View the complete Job Brochure click here

Salary:

The salary range is $ $192,653 – $308,246 annually which is supplemented by a comprehensive Benefits Program. For a list of all benefits offered by TVMWD please visit the main website at www.threevalleys.com.

About the District:

Three Valleys MWD (District/TVMWD) is a government agency that was formed by a vote of the people in 1950. It is one of the 26 member agencies of the Metropolitan Water District of Southern California (MWD) that is authorized to deliver wholesale water supplies from the Colorado River and northern California. The District gets its name from the three areas that it serves: the Pomona, Walnut, and East San Gabriel Valleys. There are 14 cities and water agencies that are within the TVMWD service area, which covers an area of 133 square miles and a population of over 500,000. The District’s annual budget is $91 million, with the majority of the expenses associated with the purchase and sale of water. A publicly elected, seven-member Board of Directors presides over TVMWD.

About the Position:

The CFO is responsible for the District’s finance and accounting functions. Plans, organizes, and directs the District’s financial affairs, including but not limited to financial planning for capital projects, budgeting, accounting, cash management, internal controls, payroll processing, and rate setting. Collaborates with General Manager and Executive Managers to develop management strategies. The position performs a wide variety of technical duties and provides financial technical support to the Board of Directors, General Manager, and other departments; conducts and completes special projects as assigned.

The Ideal Candidate:

TVMWD is seeking an experienced finance professional that will be a leader in cultivating and elevating the District’s commitment to its core values. They must demonstrate accountability and broad financial skills at all levels while creating a place where people can do their best work.

This is a hands-on role– the ideal candidate will enjoy working in day-to-day financial operations and strategic initiatives, working closely with team members to ensure accurate, efficient, and forward-thinking financial management. They will readily take ownership of assignments, have a sense of humor, be dedicated to their chosen field, and be willing to do whatever it takes to get a job done. Maintains professionalism in all interactions, even with differing viewpoints. They must enjoy the excitement of working on multiple tasks and show good judgment.

Essential Functions:

·Assumes management responsibility for all finance department functions.

·Responsible for the preparation, organization, and review of the annual District operating and capital budget and the establishment of annual water rates and charges.

·Oversees the annual audit and the preparation of the monthly budget reports, monthly treasurer’s report, and other related monthly financial reports; supervises accounts payable, accounts receivable, payroll and related duties, and general ledger accounting functions.

·Preparation of the District’s annual strategic plan with executive management.

·Negotiate and prepare agreements related to finance projects and review and consult on agreements developed by other departments to ensure financial integrity.

·Leads, plans, organizes, integrates, and evaluates the work of Department functions through assigned Finance staff by establishing goals and performance measures.

·Represent and coordinate Finance activities with District departments, elected officials, member agencies, and external agencies; specifically, those influencing MWD regarding matters that impact the District’s finances.

·Maintains the District’s investment activity and prepares regular status reports and recommendations for the Board of Directors; reviews investment actions for accuracy and conformance to policy; seeks to maximize investment interest by capturing competitive investment issues and funds.

·Prepares memoranda and presentations on behalf of executive management to the Board of Directors and other audiences.

·Conducts surveys and performs research and statistical analyses as requested; prepares related reports and recommendations; compiles materials in the preparation of reports and manuals.

·Performs related duties as assigned.

See the attached job classification for a complete list of duties and responsibilities.

Experience & Education: 

The Chief Finance Officer will possess a combination of education and experience equivalent to:

• Seven (7) years of progressively responsible governmental or private/public utility accounting experience required, which includes four (4) years of management and supervisory experience. Work experience shall demonstrate the preparation of various financial statements, reports, annual budgets, financial analyses, governmental reporting, and general office management.
• Bachelor’s degree in accounting/finance from an accredited college or university.
• CPA license is preferred.
• Knowledge of Caselle accounting systems is a plus.

Requirements: 

Requires the ability to receive, understand, and act upon verbal and written communication from others, and to communicate with others. Requires ability to use hands and fingers to handle or feel objects, tools, or controls; to reach with hands and arms; to sit and stand; and to talk and hear. Must be able to carry, push, pull, reach, and lift equipment and parts up to 25 lbs. and heavier weights with the use of proper assistance.

Must be able to participate in job-related activities at times other than normal business hours, i.e., evenings and weekends, and at various locations that will require operating a motor vehicle.

Filing Procedure and Deadline: 

Applicants may obtain an application packet by visiting our website at www.threevalleys.com. Applications must be submitted to the Human Resources department at 3vHR@tvmwd.com. A completed District application and resume must be submitted to receive consideration.

NOTE: The information contained in this job announcement is in abbreviated form. This announcement does not constitute a formal offer of employment and is not a complete list of the terms and conditions which affect District employment. Persons selected for employment will be required to pass a medical examination. They will also be required to present documents establishing personal identity and the legal right to work in the United States. Employment is contingent upon the successful completion of this process.