Chief Financial Officer

Full Job Description

King County is driving to become the best run government in the country. For King County Information Technology (KCIT) that means innovating and iterating on how we deliver high quality services and solutions to our customers.

King County’s Department of Information Technology (KCIT) is seeking a collaborative, detail-oriented Chief Financial Officer (CFO) to join its executive leadership team.

The CFO will provide strategic financial leadership, overseeing all financial and accounting functions in compliance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) principles, as well as King County’s enterprise-wide financial management policies and systems.

This role is responsible for KCIT contracts, fiscal management, payroll, IT asset management, revenue management, billing operations, and the development and implementation of operating and capital budgets across multiple funds.

The CFO will lead rate-setting and rates development processes, drive budget development and financial planning, manage reporting, and serve as a key advisor to the Chief Information Officer (CIO) on budget and funding strategies.

King County Department of Information Technology (KCIT)KCIT uses the power of technology to digitally transform King County.

Building vibrant communities through digital equity and social justice, KCIT offers innovative solutions that engage, empower, and serve our residents, businesses, communities and interested stakeholders.

As the first-place recipient of the 15th annual National Association of Counties (NACo) Digital Counties Survey, KCIT is recognized for its vision, strategy, innovation, and collaboration.

KCIT has a focus of delivering smart technology solutions that support customers, building stronger communities through innovation.

KCIT is providing the building blocks for many of the region's most critical services.

As the business solutions partner, we collaborate with the 18 County departments to develop products and services that better serve the needs of our customers and our community.

To learn more about KCIT, please visit: http://kingcounty.gov/depts/it.aspx.

Requirements

• Oversee the development and implementation of the department's operating and capital budget that reside in multiple funds. Identifying funding adjustments as necessary to meet the department's business needs.
• Develop and implement the department's policies and procedures on budgeting and financial matters, within the context of King County's enterprise-wide policies and procedures. Coordinate implementation with department's budgeting and financial staff.
• Act as key financial advisor to the Chief Information Officer (CIO). Develop strategic policy on financial and budget issues.
• Serve as the CIO's liaison with the Executive Office Budget Team and County Council staff on financial and budget issues.
• Oversee the development and implementation of the rate-setting process for multiple KCIT internal service funds. Work with division senior management and other County staff in the analysis and evaluation of rate proposals.
• Analyze and evaluate the department's financing plans and programs to ensure that financial objectives meet business needs. Making recommendations to the CIO on funding allocations and on opportunities to improve efficiency and reduce risk.
• Assure preparation of clear and accurate financial status and progress reports. Oversee day-to-day fiscal and payroll functions and assure appropriate internal controls and compliance with County policies and procedures.
• Oversee management of Finance, IT Contracts, and IT Asset management functions.
• Serving as key point of contact for external auditors.
• Perform additional duties as assigned.

Qualifications

• Bachelor's degree with significant accounting coursework and eight (8) years increasingly responsible experience in budgeting, accounting, and financial analysis, OR any combination of education and experience that clearly demonstrates the ability to perform the duties of the position.
• In addition, to be considered minimally qualified, applicants must demonstrate the following:
  • Demonstrated experience in financial management leadership, including a track record in large, complex organizations.
  • Advanced knowledge and practical application of GAAP and GASB standards in accounting.
  • Knowledge of standard contract/procurement processes and principles.
  • Advanced knowledge of budgeting techniques and principles.
  • Advanced knowledge of government fund accounting and management.
  • Knowledge of auditing techniques and principles.
  • Knowledge of financial statistical techniques and principles.
  • Advanced knowledge and hands-on experience in developing and implementing rate-setting methodologies for internal service funds, including cost modeling, cost recovery strategies, and financial analysis.
  • Knowledge of strategic planning techniques and principles.
  • Skill in effectively working in a political environment.
  • Communication (oral and written) skills.
  • Analytical skills.
  • Skill in forecasting financial needs for department projects, programs and services.
• Oversee and continually improve the Information Technology Financial Management (ITFM) application that produces financial reporting, forecasting, bill of IT, demand planning and rate setting for KCIT and the County agencies.

• Desirable Qualifications:

  • Certified Public Accountant.
  • Working knowledge of the PBCS budgeting system and the Oracle/EBS financial system.
  • Knowledge of Governmental Accounting Standards and techniques.
  • Knowledge of legislative process.
  • Knowledge of FinOps management of cloud financial costs.

Additional Information

Hybrid Work

KCIT works in a hybrid model, with days in the office as well as telecommuting. The ratio of remote to onsite work will be dependent on business needs and is subject to change. The primary onsite location is the Chinook Building 401 5th Avenue Seattle, Washington.

Employees must reside in Washington state and within a reasonable distance to their King County worksite to respond to workplace reporting requirements.

King County has a robust collection of tools and resources to support working remotely.

The individual selected for this opportunity will join an innovative and progressive team that is redefining how we work as we transition to the department's hybrid environment.

Employees will be provided with a County-issued laptop and must maintain a home workspace with an internet connection where they can reliably perform work and remain available and responsive during scheduled work hours.

Work ScheduleThe normal work week for this position is Monday through Friday, 8:00 a.m. to 5:00 p.m. Alternative work schedules may be considered.

This position is FLSA Exempt and is not eligible for overtime pay.

Classification: Chief Financial Officer - 2133100Forbes recently named King County as one of Washington State's best employers.Together, with leadership and our employees, we're changing the way government delivers service and winning national recognition as a model of excellence.

Are you ready to make a difference?

Come join the team dedicated to serving one of the nation's best places to live, work and play.Guided by our "True North", we are making King County a welcoming community where every person can thrive.

We value diversity, inclusion and belonging in our workplace and workforce. To reach this goal we are committed to workforce equity.

Equitable recruiting, support, and retention is how we will obtain the highest quality workforce in our region; a workforce that shares and will help advance our guiding principles--we are one team; we solve problems; we focus on the customer; we drive for results; we are racially just; we respect all people; we lead the way; and we are responsible stewards.

We encourage people of all backgrounds and identities to apply, including Native American and people of color, immigrants, refugees, women, LGBTQ+, people living with disabilities, and veterans.King County is an Equal Employment Opportunity (EEO) EmployerNo person is unlawfully excluded from employment opportunities based on race, color, religion, national origin, sex (including gender identity, sexual orientation and pregnancy), age, genetic information, disability, veteran status, or other protected class.

Our EEO policy applies to all employment actions, including but not limited to recruitment, hiring, selection for training, promotion, transfer, demotion, layoff, termination, rates of pay or other forms of compensation.

Are you ready to APPLY!?

The recruitment for this position is open to all qualified candidates. This recruitment may be used to fill future vacancies. A completed King County application, resume and cover letter are required for consideration. Applications submitted without all material will not be considered.

Interviews for this position will be conducted in person at our Chinook Building, 401 5th Ave, Seattle, WA 98104, USA.

Questions
If you have questions regarding this recruitment, please contact Shannon Hoeper, shoeper@kingcounty.gov or 206-263-6957.