Strategic Capital & Debt Director

J  o  b    D  e  s  c  r  i  p  t  i  o  n

Job Information

Title:

Strategic Capital & Debt Director

Market Range:

MR22

Approved Date:

3/8/2024 1:39:46 PM

FLSA:

Exempt

EEO Code:

PROFESSIONALS

Career Level:

M4

Career Level Description:

Management Level 4

Job Code:

100179

Job Family:

Fiscal and Business Management

Sub Family:

Financial Planning and Analysis

Primary Purpose

Assists and promotes County's adherence to debt and financial policies.  Facilitates the ongoing funding of internal and external stakeholders for authorized capital spending.  Analyzes alternative capital funding scenarios during annual budget process; communicates total impacts to senior management.  Ensures new debt is issued timely and structured optimally.  Advises on financial strategies to ensure County's triple-A bond ratings are maintained.

•

Works collaboratively with the County's financial advisor to appropriately maintain the County's debt and capital model and perform periodic updates and scenario analysis.

1

20%

•

Advises County leadership and County stakeholders on affordable funding strategies which best adhere to established policies and County practices to help ensure AAA-bond ratings continue to be maintained.

2

15%

•

Works with external partners, the NC Local Government Commission staff, and others on the timely and effective authorization, sale, and issuance of debt.

3

15%

•

Prepares and provides agenda items, resolutions, ordinances, public presentations, and other requested material for the Board of Commission to be appropriately informed of financial matters and impacts prior to considering further necessary actions.

4

15%

•

Supervises work processes of Senior Accountant, including the accurate and timely payment of all debt service, appropriate reimbursement of capital expenditures, preparation of various reports, monitoring of contracts, and continual improvement of workflow processes.

5

10%

•

Provides forecasting and financial analysis to County leadership as appropriate while identifying key impacts, risks, or opportunities.

6

10%

•

Prepares, monitors, and proactively manages the County’s annual Debt Service Fund budget.

7

10%

•

Prepares and submits required financial schedules and event narratives for the timely completion of Comprehensive Annual Financial Report and timely filing of secondary market disclosures.

8

5%

Position(s) may perform other duties in addition to the above as assigned by management.

*IMPORTANT* In the event of an emergency, as determined by the County Manager or designee, participation in preparedness and response operations should be expected. Employee may be required to fill a temporary assignment in a role different from standard duties, work hours and/or work location in preparation for, during and after the emergency. Employee may also be required to participate in relevant exercises and regular preparedness training.

Career Level Dimensions

Career Level:

M4

Career Level Description:

Management Level 4

•

Directs a Division.

•

Creates the short-term strategy for the Division or Function and creates operational plans for Division that align with Department plan.  Actions have direct impact on results of the Department.

•

Responsible for Budget planning and justification.

•

Responsible for making significant improvements of processes, systems or standards to enhance performance of Division or multiple divisions.

•

Oversees employees who pioneer unique ideas or generate new, viable solutions to make improvements or respond to issues.

•

Communicates within and outside the Division(s).

•

Influences others regarding the area of responsibility’s practices and approaches.

•

Achieves goals through teams of managers.  May be responsible for creating workforce and staffing plans for job area to ensure availability of employees and resources.

•

Has hiring, firing, promotion and reward authority for direct reports.

•

Requires broad management and leadership knowledge to lead multiple Work Groups. Typically has master-level knowledge and skills within a specific technical or professional discipline with broad understanding of other areas within the job function.

Qualifications

•

Bachelor's degree in Accounting, Business Administration, Finance or related field

•

Six years of experience in financial management including at least two years of supervisory experience

•

Equivalent education and experience are accepted

•

5 Years

State or local government financial management

•

Advanced level of knowledge about local government debt instruments and an ability to perform the financial analysis needed to analze cash flows and answer "what-if" scenarios. 

•

Intermediate understanding of legal documents associated with debt to ensure County is in compliance with the terms of its debt agreements. 

•

Ability to present complex financial data to a variety of audiences with differing levels of knowledge. 

•

Familiarity with the business and trends learned through the modeling process and metrics to support the development and implementation of financing plans.

•

Intermediate level skill in Microsoft Excel (and other Office programs).  Proficient with the Microsoft Office suite.

•

Articulate with excellent verbal and written communication skills.

•

Communicates well to non-technical users and balances being detail oriented with seeing the bigger picture.

•

Possess excellent interpersonal skills to effectively communicate with internal and external customers.

•

Exercise independent and sound judgment in performing the duties of the position.

•

Detail oriented with strong analytical and problem-solving skills.

An individual must be able to perform each essential duty satisfactorily to perform this job successfully. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Competencies

Analysis

Examines data to grasp issues, draw conclusions, and solve problems.

Communication

Creates an atmosphere in which timely and high-quality information flows smoothly up and down, inside and outside of the organization; encourages open expression of ideas and opinions.

Consulting

Applies knowledge of policies and procedures in the area of work to advise others across the organization on critical issues.

Problem Solving

Builds a logical approach to address problems or opportunities or manage the situation at hand by drawing on one's knowledge and experience base, and calling on other references and resources as necessary.

Strategic Vision

Sees the big, long-range picture and leads others accordingly.

Influence

Asserts own ideas and persuades others, gaining support and commitment from others; mobilizes people to take action, using creative approaches to motivate others to meet organizational goals.

Integrity

Act with honesty, transparency and respect in our interactions with co-workers and those we serve. Adhere, without exception, to laws, policies, procedures and professional standards.

Accountability

Establish high-quality standards for work. Add value. Measure results and hold self and others accountable for making progress toward desired outcomes. Take a logical and data-driven approach to decision-making.

Diversity

Believe that different backgrounds and experiences strengthen the organization and produce better results. Value inclusion across race, gender, age, religion, identity and experience, and strive to reflect in our workforce the diversity of our community.

Collaboration

Foster a work culture in which different ideas and opinions are encouraged and expected. Listen carefully and speak thoughtfully. Work together toward shared goals with mutual respect and cooperation.

Continuous Improvement

Continuously improve work processes and products. Provide a safe environment to be innovative and creative and try new things. When things don't go as planned, use it as an opportunity to learn, regroup and begin again. Provide time and resources for individuals to grow and develop both personally and professionally.

Wellness

Take proactive steps to be physically fit and healthy, emotionally strong, financially secure and socially fulfilled, while inspiring and empowering others to do the same.

Service Orientation

Commit to making a difference within the community. Actively engage in and enjoy our work. Deliver services that exceed expectations, with courtesy, politeness and sensitivity to the experiences, concerns and feelings of all co-workers and customers.

ADA Checklist

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

Standard ADA Selection:

Office Environment

Standing

X

Walking

X

Sitting

X

Lifting/Carrying 0-10 pounds

X

Lifting/Carrying 10-20 pounds

X

Lifting/Carrying 20-50 pounds

X

Lifting/Carrying 50-100 pounds

X

Pushing

X

Pulling

X

Climbing

X

Balancing

X

Stooping

X

Kneeling

X

Crouching

X

Crawling

X

Reaching

X

Handling

X

Grasping

X

Fingering

X

Feeling

X

Talking

X

Hearing

X

Visual Perception

X

Repetitive Motions

X

Eye/Hand/Foot Coordination

X

Memorization/Concentration

X

Learning/Knowledge Retention

X

Preparing/Analyzing Numerical Figures

X

Use of Interfaced Commmunication Devices (Phone, Computer, Radio etc.)

X

Analyzing/Examining/Testing Data

X

Emotional/Behavioral Self-Regulation

X

Interacting with Others

X

Comprehension

X

Organization

X

Decision Making

X

Comprehension

Understand complex problems and collaborate to explore alternative solutions

Organization

Organize and prioritize the work schedules of others to manage multiple tasks and/or projects

Decision Making

Make decisions that have significant impact on a department's credibility, operations and/or services

Communication

Communicate in-depth information for the purpose of interpreting and/or negotiating

Extreme cold

X

Extreme heat

X

Humid

X

Wet

X

Noise

X

Hazards

X

Temperature Change

X

Atmospheric Conditions

X

Vibration

X

Computers/Monitors

X