Chief Financial Officer

Jun 27 2024
City and County of Honolulu |Honolulu|Full Time
Job Description
CHIEF FINANCIAL OFFICER

$122,532 – $170,000 /Year

Job Type:     Full-Time Temporary
Location:     1099 Alakea Street, Honolulu, Hawaii 96813
Department:     Honolulu Authority for Rapid Transportation
Apply Before:     Continuous

 

The Honolulu Authority for Rapid Transportation (HART) is seeking an experienced, strategic-thinking, financial executive to fill the role of Chief Financial Officer/Director of Finance. This position leads an important organizational division of HART, reports to the Executive Director/Chief Executive Officer, and is responsible for all areas of finance, including financial reporting, long-range forecasting, budgeting, accounting, grants management and procurement.

 

HART, a semi-autonomous agency of the City and County of Honolulu, is responsible for the design and construction of Hawaii’s largest infrastructure project and the nation’s first fully-automated rail transit system. Considerable work is in progress to extend the system past the Daniel K. Inouye International Airport and into downtown Honolulu, representing an 18.9-mile fixed-guideway rail system with 19 stations. It is an exciting time to be at HART, as the first segment of the rail system recently opened to the public.

 

Responsibilities:

  • Responsible for all aspects of HART’s fiscal operations, including relevant policies, procedures, and practices throughout the organization; organizational and departmental goals, objectives and priorities; and compliance with applicable city, state, and federal regulations and requirements.
  • Collaborates with other HART leaders to fulfill HART’s Mission and Vision, which centers on the delivery of a safe, high-quality rail system. Help establish organizational priorities to meet the Project schedule.
  • Directs and participates in the development of the HART operating and capital budgets, cash flow forecasts and long-term financial plans, including the assessment of funding and other necessary fiscal resources.
  • 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, among others.
  • Supports and advises HART’s Executive Director/CEO and other HART leaders on financial matters.

 

Minimum 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.
  • Governmental experience is not required but is preferable.
  • Must have experience in long-term financial planning. 
  • Strong communication skills.

 

Benefits:

HART is a part of the City and County of Honolulu, and its employees receive the full range of comprehensive benefits package, as provided by the City, and includes:

 

  • 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.

 

All benefits as stated above, are subject to eligibility requirements and to legislative and/or negotiated changes. Individuals are responsible for any related fees or charges that may apply.

 

Schedule and Location:

  • The work for this position is conducted in the HART offices (no telecommuting allowed) during typical 8-hour shifts.
  • HART does not cover any relocation costs. Must be able to reliably commute or relocate by first day of employment.