Distinguishing Characteristics:
Under the general guidance and executive leadership of the Vice President/CFO, plans, manages, supervises and coordinates the operations of the Finance Division, including finance and accounting, operational and capital budgeting, planning and forecasting, investment management, internal audits, debt management, capital planning for the Tucson Airport Authority (TAA), operator of the Tucson International Airport (TUS) and Ryan Airfield (RYN).
Essential Functions:
The following functions and all other functions not included in this job description are to be performed in the best interests and for the greater good of TAA.
- Support and advocate for TAA’s Mission, Vision, Guiding Principles and act as a champion and role-model of TAA’s Cultural Fundamentals.
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Oversee and manage a detailed and realistic operational budget within TAA’s fiscal limitations; be diligent in carrying out fiduciary responsibilities.
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Compare financial results with operating plans and standards; provide reports and interpret the results of operations to all levels of management, including the formulation of accounting policies, the preparation of financial statements and operating data, the coordination of systems and procedures, and special reports as required.
- Work with the VP/CFO to formulate strategies and tactics for the management of company resources to maximize bottom line results and return on investments.
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In the VP/CFO’s absence, report and present financial results to the Board with confidence and the ability to field specific finance and accounting questions.
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Lead and mentor division personnel; establish an atmosphere that embraces the TAA’s mission, vision, guiding principles, Cultural Fundamentals, and strategic plan.
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Oversee and manage the forecasting of short and long-range cash requirements and obligations, as a basis for maintaining adequate funds.
- Establish priorities and best practices based on TAA needs. Continually evaluate and ensure that the team and division are correctly executing the priorities and practices. Recommend and implement process improvements to optimize efficiency and productivity.
- Plan, organize and manage the development, maintenance and operation of the following accounting and finance functions:
- Internal and external reporting of financial results
- General ledger accounting
- Payroll
- Accounts payable
- Billing, accounts receivable and collections
- Capital spending and fixed asset accounting
- Annual and long-range budgeting and financial planning
- Financial forecasting and analysis
- Cash and investment management
- Debt management
- Calculation of airline rates and charges
- Compliance with financial requirements of airline agreements
- Coordinate and administer a financial business plan that allows TAA to manage and control operating and non-operating revenues and expenses, capital spending and debt service to deliver on TAA leadership priorities and commitments as well as airline use agreement and/or airline rates and charges requirements.
- Continually monitor and update Finance Strategic Plan to align with TAA Strategic Plan.
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Compare TAA’s actual financial performance with plans and standards. Provide reports and interpret the results of operations to all levels of management, including preparing cost center and departmental financial reports and operating data and special reports as required.
- Ensure accounting systems are maintained and financial statements are prepared in accordance with generally accepted accounting principles applicable to governmental and airport entities.
- Ensure proper reporting and payment of all applicable federal, state and local taxes.
- Forecast short and long-range cash requirements as a basis for maintaining adequate funds.
- Manage issuance of airport bonds and associated requirements, including relationships with airport financial consultants, financial advisors, underwriters and bond counsel.
- Assure protection of TAA assets and accurate financial reporting through development and implementation of proper internal controls.
- Keep the Vice President/CFO informed of the department’s performance and assist in maintaining an effective external and internal communication system among all division departments, the Board, community leaders, outside agencies, consultants and others.
- Act within the scope of authority and ensure that TAA’s management objectives, principles, policies, programs, and guidelines are consistently observed.
- Execute disbursements for payment of corporate expenditures in accordance with TAA approved policies.
- Keep abreast of current trends and practices in field of expertise, and recommend and implement techniques to improve productivity, increase efficiencies, cut costs, and take advantage of opportunities by maintaining state- of-the-art practices.
- Ensure consistency of procedures and reports with governing documents to include: Relevant federal, state and local laws, rules and regulations; Airport charter/enabling legislation; Contracts and agreements with tenants and users; Airline Use Agreements GASB, FASB, GAAP.
- Provide other TAA departments with related financial information required to carry out their assigned responsibilities.
- Coordinate with TAA Information Technology and other departmental staff and third-party contractors on maintaining and enhancing the effectiveness of TAA’s software systems utilized by the Finance team.
- Establish objectives and, in concert with affected Departments, policies and processes for the orderly and efficient capture, transport, storage, processing and dissemination of financial and finance-related information for TAA.
- Direct, supervise and evaluate the performance of directly reporting employees with established, standardized criteria, performing or recommending training, coaching and mentoring required to keep staff at the highest level of skill necessary for meeting organization needs and objectives.
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Be responsive to airport emergencies and situations that may involve loss of human life or property; support public safety and operational response to emergencies; utilize Incident Management System (ICS)/National Incident Management System (NIMS) protocols and procedures; coordinate and/or participate in after-action emergency debriefing with appropriate departments and stakeholders.
- Participate in selection, hiring, and development of professional, technical, and support staff members.
The above listed functions are not necessarily all the essential functions. Job duties and functions may be expanded or reduced by management based on future changing needs and job requirements.
Position Requirements:
- A bachelor’s degree from an accredited college or university in finance, accounting, business administration, or related field. MBA and/or CPA preferred.
- A minimum of eight years of progressive people management and financial experience.
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Strong organizational leadership skills.
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A minimum of three years of experience at a commercial service airport preferred.
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Financial statement auditing experience highly preferred.
- Knowledge and experience overseeing integrated ERP and accounting systems highly preferred.
Required Knowledge, Skills, and Abilities:
Knowledge of:
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Principles and practices of business management and administration, and fiscal management.
- Regulations governing the TAA airports, airport revenue bonds and use of airport revenue including FAR Part 139, TSA Part 1542, grant assurances, and other federal regulations.
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Well-developed financial analysis capabilities and demonstrated ability to develop and manage advanced Microsoft Excel operations and applications.
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Generally accepted accounting principles (GAAP).
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Principles of organization, budget development and management.
- Principes and best practices of airport management; knowledge of airport operational requirements.
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Microsoft Outlook, Word, Excel, and PowerPoint software, and other software and programs as required.
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Business English, grammar composition, office practices and procedures, proficient ability to produce all necessary documents.
Skill in:
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Superior organization, oral and written communication, proofreading, and critical thinking.
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Consistently demonstrating excellent problem solving.
- Effective management and leadership capabilities while taking initiative and being a self-starter.
- Mentoring and coaching to team members, motivating them to be high performers.
- Organizational leadership to include strategic planning, systems thinking, project management, and decision making.
Ability to:
Environmental Requirements
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Work primarily in a typical, temperature controlled administrative office setting in a semi-enclosed work space.
Mental Requirements
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Plan and implement comprehensive capital improvement and financial programs, to interpret financial statements and analyze operating results.
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Recognize, define and solve complex problems and have a demonstrated ability to negotiate and administer complex contracts.
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Make effective public presentations.
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Perform tasks with a high degree of accuracy, attention to detail, with mature judgment, to function in compelling, high stress, fast moving work surroundings, with deadlines and multiple projects.
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Initiate and organize responsibilities without observant supervision, and to take independent action relative to work problems requiring immediate solutions.
- Must be able to remain focused in situations involving extreme stress.
Physical Requirements
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Read, write, and speak the English language in an articulate, fluent manner.
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Communicate via telephone with sufficient clarity to be understood by others.
- Operate a computer, and any other computer software appropriate for assigned position.
General
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Establish and maintain effective professional working relationships with departmental personnel, other TAA personnel, the TAA Board of Directors, representatives of other agencies, the local business community, the public and airport users as required.
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Understand that dissemination of information outside of job requirements is based on “need-to-know”; maintain discreet and professional sense of confidentiality due to sensitive nature of job functions.
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Be sensitive and aware of actions and reactions of employees, tenants, Board and Authority members, consultants, the public and outside agencies, and inform supervisor of appropriate concerns as necessary.
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Perform cross training within work environment.
Licenses; Certificates; Special Requirements:
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Valid Arizona driver’s license.
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Must obtain and maintain access to the Security Identification Display Area (SIDA).
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Encouraged to receive the American Association of Airport Executives (AAAE) Certified Member (CM) certification within 24 months of employment.
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Must successfully complete the National Incident Management System (NIMS) 100, 200, 700, and 800 course requirements and certification within the first year of assuming the position.
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Will serve at the pleasure of the President/CEO and is not covered under the appeals process.
