What are the responsibilities and job description for the Director of Finance position at Y2Marketing?
Description
Reports to / Level of Supervision Received:
Supervised by: TMOC General Manager
Level of Supervision: Receives goal-oriented direction (performs assignments within broad parameters defined by general organizational requirements and accepted practices)
General Summary
The Director of Finance is responsible for overseeing financial management, budgeting, accounting, payroll, and financial reporting for Transit Management of Charlotte (TMOC). This role ensures financial compliance, prepares reports for NTD and other governmental agencies, and acts as the primary financial liaison between TMOC, CATS/City of Charlotte, and RATP Dev. The position also provides financial insights and budget support for labor negotiations, capital planning, and benefits administration.
Duties And Responsibilities
The following duties are standard for this position. The omission of specific statements of duties does not exclude them from the classification if the work is similar, related, or a logical assignment for this classification.
Financial Management and Reporting
Core Competencies:
Education
Reports to / Level of Supervision Received:
Supervised by: TMOC General Manager
Level of Supervision: Receives goal-oriented direction (performs assignments within broad parameters defined by general organizational requirements and accepted practices)
General Summary
The Director of Finance is responsible for overseeing financial management, budgeting, accounting, payroll, and financial reporting for Transit Management of Charlotte (TMOC). This role ensures financial compliance, prepares reports for NTD and other governmental agencies, and acts as the primary financial liaison between TMOC, CATS/City of Charlotte, and RATP Dev. The position also provides financial insights and budget support for labor negotiations, capital planning, and benefits administration.
Duties And Responsibilities
The following duties are standard for this position. The omission of specific statements of duties does not exclude them from the classification if the work is similar, related, or a logical assignment for this classification.
Financial Management and Reporting
- Oversee payroll operations for administrative/exempt staff and two collective bargaining agreements (CBAs) across two pay cycles, ensuring compliance with all regulations.
- Manage and prepare Charlotte Area Transit’s Bus Operations Division (CATS-BOD) two-year budget, including ten-year capital projections.
- Prepare monthly and quarterly budget reports for the City of Charlotte.
- Monitor and manage accounts payable, including monthly reconciliation of the Imprest checking account.
- Provide cost and financial insights for labor negotiations and operational decision-making.
- Prepare and submit NTD (National Transit Database) reports, including Forms 321, 404, and all other required documents.
- Ensure compliance with federal, state, and local financial reporting regulations.
- Maintain financial records in alignment with audit requirements and city/state mandates.
- Ensure accurate and timely payroll processing, including tax and benefits deductions.
- Serve as a committee member and financial resource for the Defined Benefit and 457 Deferred Compensation Plans.
- Assist in benefits administration, providing financial analysis for cost-effectiveness.
- Liaise with CATS, the City of Charlotte, and RATP Dev regarding all financial matters.
Core Competencies:
- Financial Expertise: In-depth knowledge of budgeting, accounting, payroll, and financial reporting.
- Regulatory Compliance: Strong understanding of NTD reporting, transit funding requirements, and governmental financial practices.
- Leadership: Ability to manage financial operations, oversee payroll, and collaborate with executive leadership.
- Analytical Thinking: Ability to interpret financial data, develop projections, and support strategic decision-making.
- Communication: Strong verbal and written skills to interact with government agencies, leadership teams, and external partners.
- Payroll Manager, Accounting Manager and Financial Admin Assistant
Education
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field required.
- Certified Public Accountant (CPA) preferred.
- Minimum of five (5) years of experience directing accounting, finance, payroll, procurement, and related areas.
- Experience in public transportation or governmental financial management preferred.
- Knowledge of collective bargaining agreements and labor-related financial planning preferred.
- Proficiency in Microsoft Office Suite (Excel, Word, Access, Outlook) and financial spreadsheet applications.
- Strong budgeting, forecasting, and cost analysis skills.
- Ability to work 100% on-site and manage multiple priorities in a fast-paced environment.
- Work is performed in an office setting, requiring extended periods of computer use.
- Occasional travel for financial meetings, audits, or compliance reporting may be required.