Director, Finance

Fairfax Water
Fairfax, VA

Fairfax Water is seeking an experienced professional to serve as its Director of Finance.  This key senior leadership position has responsibility for strategic financial planning, budgeting, rate setting, debt management, investment portfolio management, wholesale customer contracts, and administration of Fairfax Water’s single-employer retirement plan.  The Director of Finance reports directly to the General Manager, and directs staff responsible for Fairfax Water’s accounting, procurement, and customer service functions.

Fairfax Water provides retail water service to over one million residents of Fairfax County and supplies wholesale water service to seven surrounding jurisdictions and entities that collectively serve nearly one million additional residents in the Northern Virginia suburbs of Washington, D.C.  We are Virginia’s largest water utility, providing nearly one in four Virginians with high quality water.  Fairfax Water is committed to long-term infrastructure and financial planning, has one of the lowest commodity rates in the Washington D.C. metropolitan region and maintains a AAA bond rating.  With an annual budget of approximately $200 million and a 10-year capital improvement program of nearly $1 billion, Fairfax Water aspires to remain a respected industry leader, upholding our customers’ trust by providing water of exceptional quality and reliability at a reasonable price while supporting the high quality of life and economic vitality of Fairfax County and the Northern Virginia region we serve.   

The Director of Finance will be expected to combine a strategic perspective with strong financial and management skills and to work collaboratively and creatively with the senior leadership team and the Fairfax Water Board.  The ideal candidate will possess the following:

·         Demonstrated senior leadership experience and the ability to effectively interface with the other members of a senior leadership team, a governing body, internal and external stakeholders, and consultants.

·         Extensive financial modeling experience including the issuance of revenue bonds to support the capital improvement program while ensuring debt service coverage ratios and operating reserves meet policy requirements.

·         Experience with utility rate design and cost of service studies.

·         Experience with investment portfolio management and retirement plan administration.

·         Excellent communication and interpersonal skills and the demonstrated ability to build effective teams and create a culture of service excellence.