Deputy Director CtIO, Multimodal Finance & Policy Manager
This position is only open to Colorado state residents.
The Deputy Director CtIO, Multimodal Finance & Policy Manager identifies, implements, and leverages available financial and funding resources, and oversees CtIO's debt portfolio, to ensure that CtIO has the capacity to innovatively and efficiently incorporate new legislative priorities. This includes managing a new revenue stream of approximately $60-90 million in yearly funds to deliver transit and rail projects. This position is required to evaluate and determine how innovative finance techniques can be applied to transit and rail projects in order to accelerate projects.
The Deputy provides leadership and coordination for the passenger rail planning process and relies on others outside of the Rail Team to implement its elements. This position applies an understanding of federal and state requirements, financial management best practices, to provide direction and ensure support from those outside of CtIO.
The Deputy coordinates CtIO budget activities and acts as primary business liaison to CDOT's Division of Accounting and Finance, including the Office of the CFO, Center for Accounting, Office of Financial Management and Budget, and the Center for Procurement and Contract Services. This position ensures that CtIO staff follow all financial and budgetary policies and procedures including State Fiscal Rules.
The Deputy will work closely with the CDOT senior leadership team, including executive management. This position also develops and presents agenda items for CtIO board meetings, including ensuring that key transit and rail projects and policy matters are elevated to the board in public discussions.
Your duties and responsibilities will include, but are not limited to, the following :
- Identifies, develops, and implements a plan and guidelines for sources of CtIO funding.
- Primarily responsible for overseeing CtIO's debt portfolio, which includes debt issuances in different stages.
- Identifies best methods to incur debt that will support upcoming goals / projects, works with lenders to explore funding strategies, verifies repayments are made, and creates all necessary reporting and disclosure work for the debts.
- Implements key strategic initiatives and identifies all available financial resources to deliver the full suite of multimodal projects including transit, rail, and express lanes.
- Balances planning needs, available funds, project design and execution, and ultimately procurement requirements when determining which projects can be accelerated.
- Continuously monitors CtIO's needs and priorities, as well as best national practices being used in other states, to support the identification of projects and initiatives supportive of the Enterprise goals and objectives.
- Primarily responsible for developing and implementing annual and monthly budget management activities for personnel and operating expenses, as well as project budgets.
- Oversees revenue forecasting, resource allocation, and legislative analysis to ensure all financial information is accurate and consistent.
- Tracks expenditures office-wide and in all programs, including development of standardized processes and ensuring information regarding expenditures is readily available to all applicable office staff.
- Oversees the work of consultants, including prioritizing assignments required by the contract.
Leads collaborative business partnership efforts with federal partners, local governments, other transit agencies, industry, trade groups, communities, and private parties.
Develops consensus among internal and external stakeholders to support strategies, funding, and project implementations.Communicates CtIO's experience and progress to the state legislature and joint budget committee.Serves on task forces, committees and working groups associated with complex and politically controversial projects and programs, along with interdepartmental groups to formulate policies and procedures for CtIO.Ensures that CtIO conducts a comprehensive review of policies and procedures in light of the passage of SB 24-184 and any future legislation and updates them to align with legislative priority.
Works with CDOT divisions and teams to ensure that planning requirements are met, including transit and rail planning requirements included in SB 24-184.Ensures that CtIO priorities are aligned with CDOT Ten Year Planning priorities and that staff's focus on projects is consistent.Formulates policy and financial planning considerations to bring to the CtIO Board of Directors for consideration.Examines the fiscal, economic and political impacts of policy and procedural changes.Prepares briefings, presentations, policy briefs, talking points or other materials as necessary.Engages in strategic policy discussions with stakeholders to advance legislation.Supervises staff including :
Administering the performance program to include providing regular performance feedback.Coaching, mentoring, and training employees.Monitoring work for quality control and efficiency.Resolving personnel or project problems using insight and experience.Implementing policies and procedures in a fair and consistent way.Setting clear expectations and holding employees accountable.Approving leave and training requests as well as timesheets.Other duties as assigned. Work Environment
Your schedule will primarily be 8 : 00 am 5 : 00 pm work hours, Monday-Friday, but we are flexible to meet your work / life balance needs while ensuring CDOT business needs are met.You will likely work a hybrid schedule with a combination of in-office and remote work.Travel required during work hours throughout Metro Denver / Front Range for meetings.Overnight travel 1- 2 times a year to attend industry conferences.Minimum Qualifications, Substitutions, Conditions of Employment & Appeal Rights
Experience Only Must total at least 10 years and include : Experience in finance, accounting, business administration, public administration, economics or a field closely related to the major job duties which included experience conducting program-level financial and policy management AND at least two years of experience in both of the following : public or business administration establishing high level goals and objectives developing and managing a budget to achieve program goals and objectives.
OR Education and Experience : A combination of relevant education and experience equal to at least 10 years. Education from an accredited college or university in finance, accounting, business administration, public administration, economics or a field closely related to the major job duties be considered. Experience in program-level financial and policy management which included two years in both of the following will be considered. public or business administration establishing high level goals and objectives developing and managing a budget to achieve program goals and objectives.
Conditions of Employment Must pass a pre-employment screening which may include social security number trace, criminal records check, public court records check, educational records, and driving records checks.
Preferred Qualifications The exceptional applicant will be an experienced financial and policy manager with proven ability or accomplishments in the following :
Demonstrated success with the duties listed in the Description of the Job section.Years of State service experience related to the duties of this position.Highest work / personal ethics and integrity;Experience with federal and state fiscal requirements and financial management best practices;Extensive management experience;Strong strategic planning skills and experience;Comprehensive experience managing / overseeing budgets and developing financing solutions / strategies;Experience with innovative financing techniques / strategies;Strong policy development and management experience;Strong leadership skills and experience : experience providing leadership and vision across multidisciplinary groups;Ability to adapt leadership styles to various situations, modeling high standards of honesty, integrity, trust, openness, and respect for individuals;Supervisory skills and experience;Experience with transportation, transit and rail projects;Demonstrated experience identifying, developing, and implementing best practices in a large, complex organization;Excellent interpersonal and relationship building skills;Ability to partner with public and private organizations, special interest groups, in situations which may be politically sensitive;Ability to work with diverse groups, the general public, consultants, and staff, with sensitivity to their needs, priorities, promises made and commitments;Ability to negotiate mutually acceptable solutions and build consensus through give and take;Proven ability to manage multiple assignments, priorities, and projects in a demanding environment;Excellent oral and written communication skills including facilitation and presentation skills;Ability to work under tight deadlines and be adaptable