Job Summary:
The Director of Finance is responsible for directing the financial activities of the NSBU organization. The Director is a member of the Senior Executive Team and responsible for the overall fiscal management of the utility and Finance Department. The Director is also responsible for oversight of the procurement and warehouse function, project management cost monitoring, FEMA reimbursement process, annual Governance certification including required periodic rate studies, municipal bond issuance and related procedures, and the annual budget and audit. The Director of Finance ensures NSBU’s financial health and compliance with financial regulations and is responsible for adhering to standards established by the Florida Public Service Commission (PSC), GAAP, FASB, GASB, FERC, NARUC, and to requirements imposed by NSBU’s Resolutions, e.g. Master Bond Resolution, Master Fiduciary Governance Resolution, Investment Policy, Purchasing Manual, etc., as well as NSBU’s approved Procedures/Policies.

Essential Duties and Responsibilities:
Responsible for the overall direction and management of the Finance Department (Accounting, Budgeting – O&M and Capital, and procurement/warehouse function).
Reviews accounting procedures and policies and recommends changes or modifications which are designed to increase the efficiency and effectiveness of accounting operations.
Responsible for compliance with all relevant accounting pronouncements and standards.
Prepares reports which summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations for the information and guidance of NSBU Commission and staff.
Directs determination of depreciation rates to apply to capital assets. Directs/coordinates the five and ten-year capital improvement plan and funding with GM-CEO and Senior Executive Team.
Establishes major economic objectives and directs preparation of annual and five-year O&M and capital budgets; prepares projections on long-range financial requirements; determines capital requirements.
Reports at monthly Commission meetings on the financial status of NSBU.
Prepares and presents informational or approval items and communicates effectively before the NSBU Commission, City of NSB Commission, and other governmental agencies or community organizations, as needed.
Manages NSBU’s investment portfolio working with the Investment Advisor.
Leads improvements in NSBU’s financial operations leveraging industry best practices.
Works closely with GM-CEO to ensure the Finance Department is aligned and supports all operations and overall strategy.
Works with the Executive team on strategic planning.
Ensures NSBU’s financial performance is positioned for short and long-term financial and operational goals.
Continually evaluates financial operations and computer software use for operational automation and process efficiencies.