Reporting directly to CUC's Executive Director ("ED") or designee, the Chief Financial Officer ("CFO") works directly with the Deputy Executive Director ("DED"). The CFO fills a position required by the Stipulated Order ("SO") of the United States of America vs. the Commonwealth Utilities Corporation and the Commonwealth of the Northern Mariana Islands, filed in the U.S. District Court for the Northern Mariana Islands, Civil Case No. CV 08-0051. The Corporation is seeking a dynamic, experienced professional with strong collaborative leadership skills and demonstrated expertise in all areas of municipal and utility finance.
Duties:
- Responsible for the overall accounting, budgeting, and financial operations of CUC.
- Supervises financial professionals and support staff to include: prioritizing and assigning work; conducting performance evaluations; ensuring staffs are trained; and, making hiring, termination, and disciplinary recommendations.
- Maintains the financial and budget records and accounts for monthly and annual reporting of CUC.
- Performs financial, budget and rate analyses of operations and revenues; makes recommendations for adjustments to rates.
- Develops, implements and enforces financial and budget policies and procedures.
- Directing preparation, analysis, implementation, and monitoring of the utilities' financial reporting and budget process.
- Prepares complex financial and budget reports and special reports as requested by the Board and ED supervising and interpreting study results, including cost of service studies.
- Schedules and coordinates annual audits with independent contractors.
- Prepares monthly and an annual financial report of the financial condition of CUC.
- Plans, implements and monitors short and long-term goals for the department and CUC.
- Debt management, issuance and administration.
- Prepares audit responses and ensure that appropriate corrective actions are executed;
- Review accuracy of billing adjustments to individual accounts from billing staff and receivable accounts.
- Conduct annual performance evaluation of accounting staff.
- Other duties of a similar nature or level as assigned or required.