Director Of Finance
Under supervision of the Airport Executive Director, the Director of Finance directs the financial activities of the organization and prepares financial analyses of operations for the guidance of management decisions.
The list of duties and responsibilities is not all inclusive and may be expanded to include other duties and responsibilities as management may deem necessary from time to time.
Duties include :
- Overseeing the comprehensive Finance function of the MidAmerica St Louis Airport (BLV)
- Serving as a member of the BLV executive management team, participating in executive team meetings and decision making, attending Public Building Commission meetings and reporting to the Commission as required.
- Participating in the development of corporate plans and programs as a strategic partner but particularly from the perspective of the impact on finance and translates the strategic and tactical business plans into strategic financial plans.
- Overseeing the preparation of reports which summarize and forecast airport's business activity and financial position in the areas of income and expenses based on past, present and expected operations.
- Managing the financial aspects of construction projects, including obtaining financing as necessary, submitting invoices for grant reimbursement and completing required reports.
- Managing and accounting for debt, including working with financial advisors, underwriters, and banks related to current and new debt issues and monitoring compliance with debt covenants.
- Overseeing the preparation of departmental and enterprise-wide budgets and monitors compliance throughout the year.
- Producing required periodic reports, including PFC Report, Airline rates and charges, Debt reports, rental car reconciliations and FAA Compliance Activity Reports.
- Monitoring financial compliance with Federal and State grant requirements for Airport Improvement Projects and other grant-funded projects.
- Participating in the periodic review and revision of the BLV structures of airline rates and charges ensuring that forecasting and expense allocation procedures are in conformance with FAA procedures.
- Planning, organizing, supervising and integrating the activities and operations of the payroll, accounts receivable, accounts payable, fixed asset and general ledger functions, including but not limited to reviewing payroll, various reports and tax filings.
- Monitoring the records of all property of the BLV including inventory and fixed asset capitalization and related depreciation and asset retirement records.
- Overseeing the filing of property tax exemptions with the county.
- Filing all monthly, quarterly and annual reports and deposits of the BLV to the FAA and the State of Illinois and other agencies.
- Reviewing and monitoring accounting operations to ensure compliance with GAAP, IRS and other regulatory requirements / BLV policies. Implementing new regulatory accounting standards as necessary.
- Preparing all books and records for and assisting in the annual audit of the records and accounts of the BLV and writing the Comprehensive Annual Financial Report.
- Overseeing preparation for specific audits, including vehicle insurance.
- Assisting with the risk management function, providing data and documentation necessary for the procurement of insurance coverages.
- Preparing accounting memo as new accounting guidance becomes effective and impacts our business entity.
Attends meetings, conferences, workshops and training sessions to remain current in the principles, practices and new developments in assigned work areas.
Qualifications :
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below 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.
Education, Experience and / or Training :
Bachelor's Degree in Business Administration, Accounting or Finance, with a graduate degree or graduate work in one of those fields; andFive years of progressively responsible experience in accounting or finance and supervising others; orAny equivalent combination of experience and training, 3-5 years, which provides the knowledge, skills and abilities necessary to perform the work.CPA required with a background in public sector finance / accounting preferred.Required Knowledge, Skills and Abilities :
Knowledge of federal and state government grant and financial assistance programs.Knowledge of principles and practices of governmental accounting and the laws and regulations relating to the financial administration of public agencies.Experience in working on financial statements reporting (audit reports) including annual audit report and / or single report is preferred.Ability to plan, organize, manage and integrate the airport's finance and budgeting activities and operations to meet airport objectives, professional standards and legal requirements.Ability to analyze and make sound recommendations on complex financial data and operations.Ability to exercise sound, expert independent judgment within general policy guidelines.Ability to communicate effectively, both orally and in writing, and present conclusions and recommendations clearly and logically.Ability to operate a personal computer and spreadsheets, using standard or customized software applications appropriate to assigned tasks.Required Special Qualifications :
Ability to pass a pre-employment drug screen.Ability to pass a background investigation to obtain unescorted Airport Identification / Access privileges.Physical Demands and Work Environment :
Sit for long periods of time.See details of objects that are less than a few feet away.Understand the speech of another person.Speak clearly so listeners can understand.Operate computer and other office technology