Vice President & Treasurer

Company: San Gabriel Valley Water Co.
Location: South El Monte
Posted on: March 5, 2025

Job Description:

JOB SUMMARY Under the direction and supervision of the President, supervises all corporate financial matters and is responsible for the financial well-being of the organization by providing financial projections and accounting services, preparing growth plans, and directing accounting staff. JOB DUTIES AND ESSENTIAL FUNCTIONS Responsible for a variety of tasks and duties, which may include, but would not be limited to, the following: Provide leadership, direction and management of the Accounting Department. Lead, manage, and mentor department managers. Establish annual and long-range departmental goals. Responsible for all financial reporting on a timely basis. Ensure that effective internal controls are in place. Ensure compliance with applicable accounting standards, federal, state and local regulatory laws, rules for financial, and tax reporting. Oversees cash management and investment needs. Maximizes return on invested funds. Develops and maintains long-range financial plan as part of a capital improvement plan. Develops finance organizational strategies, analysis, and recommendations that support organizational objectives. Provides data and direction on the financial condition of the company and supports the executive team in decision-making. Develops and maintains banking and bondholder relationships. Forecasts, solicits, and negotiates long and short-term capital financing. Oversees the accuracy and timely completion of federal, state, and local income and sales taxes, as well as monthly income tax accruals, estimated quarterly payments and year-end federal and state returns. Directs the preparation and filing of 5500 reports for 401(k) and benefit plans. Provide strategic recommendations to the President and other members of the executive management team. Comply with national and local financial requirements by studying existing and new legislation and taking appropriate action. Maximize return on invested funds by identifying investment opportunities and maintaining relationships with the investment community. In collaboration with the Vice President - Rates and Revenue provides written and oral testimony, financial schedules, and other analysis in the company's general rate case and cost of capital applications. Develop studies related to growth, industry threats, and statistical comparisons with other utilities. Perform cost benefit studies for company projects and/or valuation of acquisitions. Prepares and presents written and oral reports in quarterly and annual meetings with the Board of Directors. Other tasks and duties as directed. SKILLS, KNOWLEDGE AND PHYSICAL REQUIREMENTS Skills, knowledge and physical requirements include, but are not limited to: Strong financial and accounting background within a regulated water utility. Strong working knowledge of and experience with Generally Accepted Accounting Principles and the California Uniform System of Accounts for Class A Water Utilities. Excellent analytical capabilities. Excellent interpersonal, oral and written skills required. Ability to utilize a variety of PC hardware and complex spreadsheet and database software. Ability to perform repetitive physical activities, including use of personal computer, as well as walking, sitting, standing, reaching and lifting of up to 20 lbs. EDUCATION, TRAINING AND EXPERIENCE The following are required: Undergraduate degree in Business, Finance, Accounting, or similar discipline with advanced degree desirable. Certified Public Accountant (CPA) certification required. 10 years executive accounting management experience, preferably in the water utility industry Valid California driver's license and acceptable driving record. Prior experience with a regulated water or other utility and progressive responsibility in utility and regulatory areas highly desirable. Supervisory experience with demonstrated ability to manage projects and personnel. Employment Type: Full Time Years Experience: 10 - 15 years Salary: $350,000 - $450,000 Annual Bonus/Commission: No

Keywords: San Gabriel Valley Water Co., Los Angeles , Vice President & Treasurer, Accounting, Auditing , South El Monte, California