Director of Finance

Director of Finance

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!

Qualifications

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

Employee Benefits Package

Anthem Blue Cross through ACWA JPIA. Agency pays 100% of the employee contribution and a substantial portion of the dependent contribution.

MetLife. Agency pays 100% of the employee contribution and a substantial portion of the dependent contribution.

MetLife. Agency pays 100% of the employee contribution and a substantial portion of the dependent contribution.

MetLife. 1x employee's annual salary plus $15,000, maximum of $265,000, paid by Agency.

MetLife. Paid by Agency.

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.

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

56 hours of Admin Leave are accrued a year

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.

Up to five days per incident. Employees can use sick, vacation, compensatory time, or Admin leave.

Temporary military leaves of absence will be granted to engage in ordered military duty.

13 paid Holidays per year + 1 floating holiday per year.

The Agency provides and pays for an EAP Program through Claremont EAP.

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

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