ABOUT THE ROLE: The Chief Financial Officer is responsible for assisting the Chief Executive Officer in managing, planning, developing, organizing, and directing the implementation of San Diego Community Power’s financial and administrative functions, goals, objectives, policies and procedures, and work activities.
WHO IS COMMUNITY POWER?
Community Power is a community-driven, not-for-profit public agency providing cleaner energy to the San Diego region. Formed in 2019, Community Power is the second largest Community Choice Aggregator (CCA) in California, serving nearly 1 million customer accounts across its member agencies: the Cities of San Diego, Chula Vista, Encinitas, Imperial Beach, La Mesa and National City, as well as the unincorporated areas of San Diego County.
OUR HISTORY
Community Power was formed in 2019 as a public, not-for-profit community choice aggregator (CCA) in the San Diego region. We began electric service in 2021 and now serve seven member agencies: the Cities of San Diego, Chula Vista, Encinitas, Imperial Beach, La Mesa and National City, as well as the unincorporated communities of San Diego County. Community Power was formed to bring local control and customer choice to San Diego while also providing clean and renewable energy at competitive rates. We are the second largest CCA in California, serving nearly 1 million customers. For more information, please visit SDCommunityPower.org.
COMMITMENT TO DIVERSITY
At Community Power, we value diversity and are committed to creating an inclusive environment for all employees. We represent a diverse customer base and hope to hire employees that reflect our communities. We provide equal employment opportunities to all applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
ESSENTIAL DUTIES AND PRIMARY RESPONSIBILITIES
- Serves as the Agency’s Treasurer of the Board and Investment Officer.
- Attend all Board meetings and head Financial Risk Management Committee meetings (FRMC).
- Thought partner to the CEO related to various strategic financial activities including but not limited to: issuance of municipal bonds, business combinations, financial engineering of various contracts, hedging, owned generation, etc.
- Provide highly complex and responsible financial administrative direction for San Diego Community Power through multiple finance and administrative-related departments or programs including oversight, development, and optimized use of Enterprise Resource Management (ERP).
- Support the development and implementation of rates and rates structures in collaboration with the rates team.
- Plans, develops and manages executive administrative, financial, accounting, budget, payroll, and financial analysis/reporting functions as well as funding strategies and financial grant administration within all departments.
- Maintain strong cost controls, build reserves and support the delivery of the Pre-Pay bonds.
- Ensure Agency financial compliance with described in the Joint Power Authority Agreement.
- Directs and supervises Finance Department activities including procurement and risk management.
- Stewards strong cross-departmental collaboration with power services and programs teams.
- Actively participate in and contribute to the Risk Oversight Group, the Ad Hoc Energy Contracts Working Group, and the weekly Risk Management Group as part of their collaboration with the Power team.
- Responsible for selecting, supervising, motivating, and evaluating supervisory, professional and support staff.
- Prepares various budgetary financial reports regarding revenue, cash management, expenditures.
- Plans, organizes, and directs the San Diego Community Power’s budget process; analyzes budget options and estimates and makes recommendations for preliminary project, line item, and final operating and capital budgets; develops and maintains records and reports based on the adopted Agency budget.
- Develops budget monitoring and encumbrance systems and assists personnel in preparation and control of departmental budgets.
- Establishes internal controls and balancing procedures; maintains audit trail. Communicates with Agency accounting, audit, and insurance contractors.
- Oversees implementation of written procedures of best practices and optimizes efficiency for the Agency.
- Analyzes revenue and expense trends and makes projections of budget impacts. Serves as internal auditor for a variety of fiscal, performance, and administrative audits.
- Functions as contract administrator for a wide variety of fiscal and performance audits and managerial effectiveness studies.
- Conducts research, performs management analysis activities, and evaluates cost effectiveness of management projects and programs.
- Performs other duties as assigned.
- Performs as a hands-on "working" Manager.
MINIMUM KNOWLEDGE, SKILLS, AND ABILITIES
- Principles of customer service;
- Managerial principles and practices;
- Advanced principles, practices and theories of municipal financing, governmental accounting and reporting;
- Advanced financial analysis and research procedures;
- Principles and practices of contract and agreement negotiation and administration;
- Budget preparation, program analysis, and revenue forecasting;
- Negotiation and mediation techniques;
- Computer equipment and software applications related to area(s) of assignment
- Applicable Federal, State, and local laws, codes, and regulations concerning finance and accounting functions;
- Principles and practices used in dealing with the public;
- Providing exceptional customer service;
- Managing and directing comprehensive finance and accounting programs
- Managing services and staff responsible for providing accounting functions effectively and efficiently;
- Analyzing, developing and improving upon accounting records and procedures;
- Analyzing problems, identifying alternative solutions, projecting consequences of proposed actions and implementing recommendations in support of goals;
- Preparing complex financial reports and analyses.
- Reading, analyzing and interpret financial reports; Forecasting revenue and cash flows;
- Preparing and administering large, complex budgets; Monitoring and evaluating employees;
- Prioritizing and assigning work;
- Using a computer and related software applications;
- Communication, interpersonal skills as applied to interaction with coworkers, supervisors, the general public, etc. sufficient to exchange or convey information and to receive work direction.
QUALIFICATIONS, EXPERIENCE, AND ABILITIES
A Bachelor’s degree is required in business or public administration, operations management, economics or closely related field, or other degrees with demonstrable and commensurate work experience that is directly relevant for this position. Prior designation as a CPA is desired, but not required, as is further academic study in finance, utility services, energy systems or environmental change.
A minimum of 15 years progressively responsible financial management experience including strategic financial leadership. Direct experience in energy or utility financial services required whether in the private or public sectors. Public sector finance experience and knowledge is desirable but not required. Strong supervisorial and contract management skills are also required.
WORK ENVIRONMENT AND CONDITIONS
Prolonged periods of sitting at a desk and working on a computer. The position requires occasional carrying, lifting and/or moving objects up to 25 pounds and occasional or regular travel locally.
At Community Power we work in the communities we serve and in the office. Community Power works to ensure a safe and healthy workplace for employees and in our communities. Community Power requires employees to be fully vaccinated for COVID-19. Exemptions to the vaccine requirement will be considered for individuals with medical conditions that prevent them from being vaccinated and for individuals with sincerely held religious beliefs that prohibit them from being vaccinated, consistent with governing labor laws.
Community Power is an agency required to adopt and promulgate a Conflict-of-Interest Code (“COI”). The COI code requires employees in designated positions, including those identified under the interim disclosure process, to file a Statement of Economic Interests (Form 700) on an annual basis. A Successful candidate accepting this position may be required to file Conflict of Interest forms subject to the regulations of the Fair Political Practices Commission.
Compensation:
Salary Range: The position salary range is: $300,000 - $400,000; with exact compensation to be determined by Community Power, depending upon experience.
Benefits: Standard benefits package including but not limited to:
Insurance: Community Power covers 100% of health benefits, including medical, vision, and dental insurance, for eligible FT employees and their dependents. Also provided is a $100,000 Life & AD&D policy, STD and LTD coverage that is 100% paid by Community Power.
Retirement: Community Power offers a 457(b) plan for employee contributions and contributes 10% of eligible compensation to the employee’s Money Purchase Plan.
Paid Time Off: 11 holidays per year + paid winter holiday (between 12/24-12/31), 160 hours of accrued paid time off per year (increases with time in service), and 96 hours per year of accrued paid sick leave.
This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described, and may be amended at the discretion of Community Power as needed.
