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Location: L'Enfant Plaza

WMATA Reference: 240464

SUMMARY
The Strategic Financial Planning Advisor initiate, evaluate, and implement financial improvements and changes in business and/or operational processes within Rail, Bus, and MetroAccess operations, as well as in the support organizations, that improve operational efficiencies and/or safety, increase revenue and/or reduce costs, and limit or reduce WMATA's dependency on jurisdictional operating subsidies. The incumbent is responsible for leading and developing financial strategies to enable WMATA to deliver on financial policies and business practices consistent with the goals and objectives identified by the General Manager/Chief Executive Officer (GM/CEO).

ESSENTIAL FUNCTIONS

• Conducts transportation operations analyses designed to identify and recommend business performance improvements at WMATA that drive policy and/or practice recommendations to yield near-term operational and/or fiscal improvements in Metrorail, Metrobus, MetroAccess and business support services to meet the WMATAs objectives of service reliability, safety, and fiscal accountability, including, initiatives consistent with the goals and objectives of the GM. Must have knowledge of transit , experience with benchmarking industry best practices, and use professional business judgment to identify, formulate, evaluate, recommend, and implement improvement initiatives, including financial practices.
• Conducts benefit-cost analysis (BCA) for grant proposals (if applicable) and for other projects. Include in standard operating procedures (SOP) of financial policies and practices for both operating and capital programs and projects.
• Develops short and long term financial forecasts or outlooks that include what if analyses and scenarios to model future WMATA finances (revenues, subsidy, funding, and debt) to identify cost drivers, revenue and funding sources, and financing opportunities, including areas for operational improvements.
• Supports meeting WMATA's strategic transformation plan objectives by proposing changes to product offerings, activities, financing sources, and business processes consistent with current and future demand for public transit services in the region.
• Participates in the development and preparation of major inputs to the annual and multi-year Operating and Capital budgets including establishing operating and capital funding targets, identifying inefficiencies and cost-saving opportunities, and initiating business process strategies that support the service level, safety, and financial objectives established by the GM and Board of Directors. This function includes quantifying the budget impacts of implemented or on-going operating and capital initiatives to ensure the impacts are included in out-year operating and capital budgets.
• Prepares and presents oral/written reports/recommendations within areas of assigned responsibility. Uses MS Excel, Word, Powerpoint, and other software as applicable to present recommendations in appropriate executive level communications.

The essential duties listed are not intended to limit specific duties and responsibilities of any particular position. Nor is it intended to limit in any way the right of managers and supervisors to assign, direct and control the work of employees under their supervision.

MINIMUM QUALIFICATIONS

Education
Bachelor's degree in Business Administration, Economics, Finance, or a related field.

Experience
Minimum of seven (7) years experience with budget/finance in a transit organization, a consulting company that advises transit organizations, private financial firm, or a Federal, state or local municipal organization.

Preferred
Master's degree in Business Administration (MBA) or related Masters degree.

Medical Group:
Satisfactorily complete the medical examination for this position, if required. The incumbent must be able to perform the essential functions of this position either with or without reasonable accommodations.

Evaluation Criteria:
Consideration will be given to applicants whose resumes demonstrate the required education and experience. Applicants should include all relevant education and work experience.

Evaluation criteria may include one or more of the following:

• Skills and/or behavioral assessment
• Personal interview
• Verification of education and experience (including certifications and licenses)
• Criminal background check (a criminal conviction is not an automatic bar to employment)
• Medical examination including a drug and alcohol screening (for safety-sensitive positions)
• Review of a current motor vehicle report

Closing:
WMATA is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by applicable federal law.

This posting is an announcement of a vacant position under recruitment. It is not intended to replace the official job description. Job descriptions are available upon confirmation of an interview.

Please apply before 9/17/2024

To apply for this position, visit WMATA's Career Center