Chief Financial Officer and Executive Vice-President, Finance and Procurement - (26-CFO-300000-104)

The intent of this job description is to provide a representative summary of the major duties, locations, and responsibilities performed by incumbent(s) in this job. Incumbent(s) may not be required to perform all duties in this description, and incumbent(s) may be required to perform work-related tasks other than those specifically listed in this description. This job description is not a “contract” between the employee and the Authority. The job duties and essential functions may be changed at the discretion of the General Manager.

General

Job Title:

Chief Financial Officer and Executive Vice-President, Finance, Procurement, and Compliance

Job Code:

OA0294

Supervises Directly:

Yes

New or Revised:

Revised

Regular or At-Will:

At-Will

Date Last Revised:

2/28/2024

Exempt or Non-Exempt:

Exempt

Compensation Approval Signature:

Union/ Non-Union:

Non-Union

Division

Department

Finance-Central Administration, Finance, Procurement and Compliance

Salary Schedule: 

Executive Grade

Cost Center Code:   

300000

Grade:

ESSD

Essential Position:

Yes

Reports To:

CEO/General Manager 

EEO Code:

Officials and Administrators

Work Format

Hybrid

Who We Are & What We Do:

At DC Water, we provide more than 700,000 District of Columbia residents and 24.6 million annual visitors with essential water, wastewater, and stormwater services. DC Water also provides wholesale wastewater treatment services for 1.8 million people  in Montgomery and Prince George's counties in Maryland, and Fairfax and Loudoun counties in Virginia. We aspire to be known for superior service, ingenuity, and stewardship to advance the health and well-being of our diverse workforce and communities. To achieve this vision, we commit to our shared mission every day—exceeding expectations by providing high quality water services in a safe, environmentally friendly, and efficient manner.

Role Description:

The Chief Financial Officer and Executive Vice-President (EVP), Finance, Procurement, and Compliance is a member of the Senior Executive Team (SET) and is the organization’s key leader in ensuring the financial sustainability of DC Water and its overall strategic vision. The role is responsible for strategic planning, management, and control of all finance, procurement, and contract compliance-related activities at DC Water, ensuring alignment with organizational objectives and compliance with industry standards and regulatory requirements. This includes direct responsibility for accounting operations, financial governance, contract compliance, financial planning, payroll, and accounts payable, overall financial planning and forecasting, rate setting, budget alignment, risk management, asset management, treasury and debt management, and strategic procurement. 

Essential Duties & Responsibilities:

• Leads strategy, management, and control of all finance and procurement related activities at DC Water, ensuring alignment with organization objectives and compliance with industry standards and regulatory requirements.