Description

The Manager of Financial Analysis and Forecasting provides direct support to and coverage for the Director of Budget and Grants Administration on all aspects of financial and budget forecasting, and the annual budget.

They are responsible for the financial forecast model used by the leadership team and board of directors to make sound financial decisions for the agency. This position oversees and manages the state-of-good-repair/TERM Lite module and provides analysis to various scenarios for Executive Management for making major decisions on capital investments.

The Manager of Financial Analysis and Forecasting maintains the master financial forecast model. They lead, provide guidance, develop and present complex analysis including scenario analysis for the annual budget, annual financial forecast, capital improvement plan, asset management plan, capital project grant applications, debt ceiling, bond funding planning, and labor negotiations.

Ensure a commitment to safety through consistent and professional behaviors in performance of job requirements that demonstrate safety is a fundamental value that guides all aspects of our work. Perform related duties as required.

Essential Functions

1. Manage development and preparation of CIP budget and financial forecast, ongoing forecast, budget updates, and risk scenario projections. Produce forecast reports for the annual budget process, executive management, and members of the Board.

2. Lead, coach and supervise two analysts, including hiring, discipline, assigning work (plan, organize, control, integrate and evaluate work), preparing performance evaluations, establish performance requirements and personal development targets; regularly monitor performance and provide coaching for performance improvement and development. Provide guidance on analysis approaches and methods, reviewing draft analyses and presentations, and coordinate with department executives. Provide training and day-to-day management practices that support TriMet's mission, objectives and service expectations. Provide technical direction and guidance to other professionals in the department and agency as needed.

3. Oversee, perform and present complex analysis including specialized financial, revenue, budgetary impacts, and management studies. Perform analysis of alternative forecast scenarios for use in labor negotiations. Perform financial analysis and forecasting of various scenarios related to fares, taxes, and other revenue streams. Advise the Director of Fare Revenue in developing, implementing, and maintaining eFare business rules on revenue sharing among partnering agencies by performing risk scenarios and providing projections. Assist with annual budget preparation by producing budget alternatives taken from scenario analysis in the long-term forecast.

4. Represent the Director of Budget and Grants in the Director's absence, works closely with Director in setting and carrying-out department objectives and policies. As directed, provide a variety of budgetary, financial, and performance information to support requests from the CFO, TriMet leadership, local jurisdictions, the press and general public.

5. Lead cohesion between Budget & Grants Administration Dept and Financial Services Dept with continuous communication, organized monthly meetings, and improve efficiency as a division and a department. Assist the Capital Projects Committee (CPC) in development of the District's CIP and the agency-wide Asset Management Plan (AMP). Evaluate and present the results of scenarios developed. Provide assistance in production of the annual budget, forecast and written financial analysis in support of key capital project funding applications.

6. Evaluate and implement technology solutions that provide compatibility, robust modeling tools, on-going upgrades, security and system, and historical backup protection such as eFare business rules, Hyperion and TERMLite. Continuously assist in the selection, testing, and implementation of department software.

7. Provide direct support to the Director, Budget & Grants Administration in managing the Clean Fuel Credits program including contract review, negotiation, and approval; credit sale price and release of credits; and buyer communications.

8. Create and maintain documentation of the agency budget and financial forecast model and process. Routinely evaluate related departmental processes and systems for improvement, developing recommendations and justifications for implementation.

Position Requirements

A minimum of a Bachelor's Degree is required.

A Bachelor's Degree in Finance, Economics, Accounting or a related field is required.

A Master's Degree in a related field is preferred.

A minimum of six (6) years total credited experience.*

Six (6) years of progressively responsible experience with operational research, statistical and financial analysis, budget analysis, modeling and pricing are required.

Five (5) years of experience in areas of budgeting, financial forecasting and analysis are required.

Three (3) years of experience in municipal government, or experience in a public transit organization are required.

Two (2) years of lead or project management experience are required.

A Chartered Financial Analyst designation is preferred upon hire.

A Certified Public Accountant License is preferred upon hire.

Or any equivalent combination of training and experience.

• The amount of credit a candidate receives for prior years of experience is based on the relevancy of that experience to the required or preferred prerequisites of the job description. Experience is prorated based on hours worked. LRHR assigns and validates the "credited experience".

Selection Criteria

Type of Position / Grade / FLSA
Grade 18, Exempt, Non-Union, Full-Time

Salary Range
Minimum: $106,102.00
Maximum: $159,154.00

Selection Process

Candidates will be selected based at a minimum on the result of:
1. Application Review (please include: Resume & Cover Letter)
2. Panel Interview
3. References

Supplemental Information
Make sure you describe in detail how your education, training and work experience fit with this role. You are encouraged to attach a resume, cover letter, training certificates and/or letters of recommendation with your application. You are permitted five attachments of less than 5MB each.

Internal applicants: Information in your personnel file will not be used in lieu of information requested on your application. Incomplete applications will not be considered.

If you are a qualified veteran and would like to apply for veterans' preference points, you will need to reflect your status on the application and attach supporting documentation at the time of application submission.

If you need accommodation under the Americans with Disabilities Act for any part of the application process, contact our Human Resources staff at 503-962-7505, or the TTY line at 7-1-1. Note that we require a minimum of two workdays' notice prior to the need for accommodation.

TriMet is an equal opportunity employer, committed to developing an organization that is reflective of and sensitive to the needs of the diverse community we serve, including veterans, the elderly, and individuals with disabilities.

ADA Statement
As applied to the workplace, applicants and employees must be qualified to perform the essential functions of the job with or without reasonable accommodation. Essential functions may include required job functions performed infrequently as well as production standards related to the quality and quantity of work.

If a person with a disability could meet job qualifications with a reasonable accommodation, TriMet will work with the employee to accommodate the need. If TriMet's accommodation is effective in allowing the employee to perform the essential functions of the job, it need not be the employee's preferred accommodation.