Deputy CEO, Chief Finance & Business Officer

Salary range is $140k to $450k, with a midpoint of $295k.  New hires typically receive between minimum and midpoint, however, we may go slightly higher based on experience, internal equity and market.

Sound Transit also offers a competitive benefits package with a wide range of offerings, including:

• Health Benefits: We offer two choices of medical plans, a dental plan, and a vision plan all at no cost for employee coverage; comprehensive benefits for employees and eligible dependents, including a spouse or domestic partner.
• Long-Term Disability and Life Insurance.
• Employee Assistance Program.
• Retirement Plans: 401a – 10% of employee contribution with a 12% match by Sound Transit; 457b – up to IRS maximum (employee only contribution).
• Paid Time Off: Employees accrue 25 days of paid time off annually with increases at four, eight and twelve years of service. Employees at the director level and up accrue additional days. We also observe 12 paid holidays and provide up to 2 paid floating holidays and up to 2 paid volunteer days per year.
• Parental Leave: 12 weeks of parental leave for new parents.
• Pet Insurance discount.
• ORCA Card: All full-time employees will receive an ORCA card at no cost.
• Tuition Reimbursement: Sound Transit will pay up to $5,000 annually for approved tuition expenses.
• Inclusive Reproductive Health Support Services.
• Compensation Practices: We offer competitive salaries based on market rates and internal equity. In addition to compensation and benefits, you’ll find that we provide work-life balance, opportunities for professional development and recognition from your colleagues.

GENERAL PURPOSE:

Under the general direction of the Chief Executive Officer (CEO), the Deputy CEO, Finance and Business Officer (DCEO), serves as an executive leader and key strategic partner to the CEO and CEO direct reports by leading the Agency’s Finance and Business Administration (FBA) department. This role sets and executes the financial and administrative strategy for the Agency as a whole, ensuring that all Agency departments have the support they need while ensuring good financial stewardship for the Agency in the long term. The DCEO oversees all FBA departments, which includes Finance, Accounting, PCA (Procurement, Contracts, and Agreements), IT, and Administration Services. The individual in this role also serves as a member of the Agency’s Executive Cabinet, supporting the CEO and collaborating with the other DCEOs and Chief Officers to achieve the Agency’s mission and vision in alignment with its values. 

ESSENTIAL FUNCTIONS:

The following duties are a representative summary of the primary duties and responsibilities. The selected candidate may not be required to perform all duties listed and may be required to perform additional, position-specific duties.

• Provides vision and leadership for developing and implementing the Agency’s long-term financial and administrative services strategies in alignment with the Agency’s overall mission and goals.
• Leads the Agency in fostering good financial stewardship and fiscal discipline, while ensuring that any financial decisions made today have positive impacts for the long-term financial health of the Agency.
• Serves as a member of the Agency Cabinet and collaborates and meets on a regular basis with Agency DCEOs.
• Represents the Agency on financial and business administration matters to external stakeholders, including but not limited to the Board of Directors, the Finance and Audit Committee, and the general public. 
• Directs and manages all activities including highly complex technical activities of the Finance and Business Administration, composed of Finance, Accounting, Purchasing, Technology Services, Administrative Services; works closely with division heads to accomplish department goals.
• Develops, maintains and provides leadership in the development of the Agency’s long-term financial plan; recommends the long-term affordability model and ensures effective alignment of Agency resources and spending to achieve the Agency’s mission and strategic business plan.
• Plans, directs, and manages the external relations functions with banks, advisors, financial auditors and other financial institutions as necessary; negotiates, executes and monitors financial transactions, including debt sales, lease agreements, sale of notes, lines of credit and letters of credit; re