Director of Finance

Salary: $260,000.00 - $299,000.00 Annually
Location : 5 Harris Court, Building D, Monterey, CA
Job Type: Full-Time
Job Number: 27-002
Department: Finance
Opening Date: 08/10/2026


Definition and Class Characteristics
Director of Finance
Monterey One Water
Monterey, California

Working Together to Provide Cooperative Water Solutions

Monterey One Water is seeking a strategic and visionary leader to serve as their new Director of Finance ! As a key member of the Agency's executive team, the Director of Finance will provide big-picture financial oversight, with a focus on long-term planning and analysis, budget management, and investment strategy. They will also oversee three direct and 11 indirect staff and the Agency's annual budget of approximately $151 million. This role is pivotal in overseeing multiple enterprise funds and ensuring the long-term financial health of M1W.


The ideal candidate for this position will be an experienced government finance administrator, with a history of exceptional board/council relations and transparent communication with all levels of staff. The Director will demonstrate an ability to drive change and play a critical role in modernizing financial processes and systems, including collaborating to implement a new enterprise resource planning (ERP) system. They will have prior expertise in managing enterprise funding, grants, and investments, and will be a confident public speaker, giving data-driven presentations to the Board of Directors regarding the Agency's finances. As a leader, they will foster an environment of collaboration and innovation, support staff, and drive the Agency toward greater efficiency. Step into a pivotal role in a dynamic and exciting water agency - apply today!


View the full recruitment brochure here:

Join the Monterey One Water Team!
Qualifications
SALARY AND BENEFITS

An annual salary of $260,000 - $299,000 plus a generous benefits package.

HOW TO APPLY: For first consideration, apply by September 14th at:


View the WBCP Job Board:

SAVE THE DATES

Round one virtual interviews will take place on October 9th. Finalists will move forward to round two in-person interviews on October 26th . Selected candidates must be available for both dates.

QUESTIONS?

Please contact your recruiter, Lauren Gerson:

• 866-929-WBCP (9227) toll free
• View phone number on click.appcast.io (direct)

This position is part of the Management Group

Employee Benefits Package

Health Care Coverage
Anthem Blue Cross through ACWA JPIA. Agency pays 100% of the employee contribution and a substantial portion of the dependent contribution.
Dental Care Coverage
MetLife. Agency pays 100% of the employee contribution and a substantial portion of the dependent contribution.
Vision Care Coverage
MetLife. Agency pays 100% of the employee contribution and a substantial portion of the dependent contribution.
Life & AD&D Insurance
MetLife. 1x employee's annual salary plus $15,000, maximum of $265,000, paid by Agency.
LTD/STD
MetLife. Paid by Agency.
Retirement
CalPERS. Local Misc.:

• Tier 1 3%@60: 8.211%
• Tier 2 2%@55: 7.211%.
• Tier 3 2%@62: 6.461%

Employees pay 100% of the employee portion.

Vacation
Six month waiting period, accrual every pay period. 440 is the max accrual.

• 1-3 years = 80 hours/year
• 3-8 years = 120 hours/year
• 8-15 years = 160 hours/year
• 15-20 years = 176 hours/year
• 20-30 years = 200 hours/year
• 31+ years = 4 additional hours per year of service

Admin Leave

• 56 hours of Admin Leave are accrued a year

Sick Leave
Employees are granted 96 hours of sick leave, accrued per pay period. There is no limit to the amount of sick leave an employee may accrue due to the Public Employees Retirement System (PERS) sick leave conversion credit accumulation upon retirement.
Bereavement Leave
Up to five days per incident. Employees can use sick, vacation, compensatory time, or Admin leave.
Military Leave
Temporary military leaves of absence will be granted to engage in ordered military duty.
Holidays
13 paid Holidays per year + 1 floating holiday per year.
EAP
The Agency provides and pays for an EAP Program through Claremont EAP.
Education Incentive
The employee will be reimbursed for books and tuition only and the employee will receive reimbursement of the course with a grade of "C" or higher. There is a 6 month waiting period for this benefit. Reimbursement is limited to the following maximums:

• Community College -- $1,000 per calendar year
• University/State School -- $2,500 per calendar year
• Master's Degree level -- $3,500 per calendar year

Optional Benefits
AFLAC, Flexible Spending Account (unreimbursed medical and dependent care) and Deferred Compensation Plan (Principal, no matching funds).

Memorandum of Understanding
Click here to view Management