County of Alameda

DESCRIPTION

Under general direction, the Bonds and Finance Manager is responsible for planning, organizing, and directing program compliance and financial activities within major programs of the Bonds and Finance Department of the Community Development Agency.

DISTINGUISHING FEATURES

This position is located in the Bonds and Finance Department of the Community Development Agency and reports to the Director of Finance, CDA. The Bonds and Finance Manager is responsible for managing and supervising multiple programs, and oversees the administration of financial and/or program compliance activities for various CDA departments.

This classification is distinguished from the Bonds and Finance Coordinator in that the latter may report to the Bonds and Finance Manager for coordination and supervision of one or more major CDA programs.

EXAMPLES OF DUTIES

NOTE: The following are the duties performed by employees in this classification. However, employees may perform other related duties at an equivalent level. Each individual in the classification does not necessarily perform all duties listed.

1. Plans, organizes, and supervise the work of the Bonds and Finance Department of the Community Development Agency including housing bonds, public improvement assessment districts, Surplus Property Authority, county service areas, budgets, statutory audits, grants management, and Redevelopment financing.

2. Manages bond financing activities with investment banking firms, bond counsel, underwriters, commercial lenders, businesses and developers; reviews financial documents; oversees repayment and compliance with regulations.

3. Makes recommendations to the CDA Finance Director on the impact of proposed laws, regulations and procedures relating to bonds and finance.

4. Reviews financial statements for major CDA programs. Acts as liaison with internal and external program auditors; coordinates with the Auditor-Controller for County audits.


5. Supervises management or supervisory staff responsible for coordinating the work in a major program, including real estate loan portfolio, bond compliance, public improvement assessment districts, grants management, budgets, audits, redevelopment financing, Surplus Property Authority, and county service area administration.

6. Oversees investments of available program funds with County Treasurer, bankers and bond trustees, manages project-related issues with management staff.

7. Monitors policies and procedures to ensure staff and management compliance with bond requirements.

8. Develops, designs and implements accounting and fiscal systems and procedures.

MINIMUM QUALIFICATIONS

Either I
Experience:

The equivalent of two years full-time experience in the class of Bonds and Finance Coordinator or higher level classification in the Alameda County classified service. (Non-classified includes District Attorney's Office, Hospital Authority, and the Consolidated Courts.)

Or II
Experience:

The equivalent of three years of full-time experience in a financial management class in the Bonds and Finance Department within the Community Development Agency.

Or III
Experience:

The equivalent of five years of full-time increasing responsible analytical, administrative and/or management experience in bonds administration, finance, accounting, real estate loan procedures, and assessment/redevelopment districts which must include six months of supervision or lead experience; AND

Education:

Graduation from an accredited college or university with a Bachelor's degree in accounting, finance, or business.

Or IV
Experience:

The equivalent of seven years of full-time increasing responsible analytical, administrative and/or management experience in bonds administration, finance, accounting, real estate loan procedures, and assessment/redevelopment districts which must include six months of supervision or lead experience; AND

Education:

The completion of 60 semester unit hours or 90 quarter unit hours from an accredited college or university with emphasis on accounting, finance, or business.

NOTE: The Civil Service Commission may modify the above Minimum Qualifications in the announcement of an examination.

KNOWLEDGE AND SKILLS

NOTE: The level and scope of the following knowledge and abilities are related to duties listed under the “Examples of Duties” section of this specification.

Knowledge of:

• Federal, State, and local laws, codes, regulations and ordinances related to financing for real property and community development.
• Principles and practices of fiscal management and investment.
• Financial services for bond financing and accounting.
• Requirements of organization, servicing and administration of bond issues, assessment and redevelopment districts.
• General and governmental accounting principles and procedures.
• Real Estate loan procedures and practices.
• Procedures related to government-subsidized housing and community development programs.
• Principles and practices of supervision.
• Local laws, regulations, and policies pertaining to grant funding, land use controls, and development.
• Principles and practices of contract administration, including the development of Contractual Agreements, Regulatory Agreements, Deeds of Trust, Promissory Notes, Disposition and Development Agreements, and Owner Participation Agreements.

Ability to:

• Communicate in writing.
• Communicate orally.
• Make decisions.
• Analyze and problem solve.
• Exercise leadership.
• Demonstrate interpersonal sensitivity.
• Manage personnel.
• Plan and organize.
• Train, supervise and develop staff.

CLASS SPEC HISTORY

DRH:po 1/15/08
Newspecs: 2974.doc
CSC Date: 2/27/2008