County Debt Manager - Henrico, United States - Henrico County Virginia

Description

General Statement of Duties

Closing Date:This position closes on Monday, April 29, 2024.

Responsible for the centralized management of debt and bond issuance, financing, restructuring, debt ratios, debt servicing and savings, related cash flow, risk, compliance and reporting; serves as the primary strategist and manager of the County's issued and bond debt portfolio for general government, schools, and the water & sewer enterprise fund; develops, implements, monitors and manages debt financing strategies to ensure the County retains its AAA bond rating; develops, implements manages and monitors operational processes to ensure all debt management and servicing practices comply with all applicable laws, regulations, and covenants, and maintains stakeholder transparency; performs other duties as assigned.

Essential Duties

• In-depth knowledge of municipal debt financing including general obligation bonds, revenue bonds, VRA and VPSA debt, taxable and tax-exempt debt, competitive and negotiated sales; sound working knowledge of end-to-end debt issuance; excellent analytical skills including financial modeling, data sourcing, aggregation, quantitative analysis and data synthesis; sound working knowledge of municipal bond markets; sound working knowledge of accounting principles and practices, government budgeting, appropriations, and capital expense management.
• Sound computer skills with the demonstrated ability to proficiently use typical business software, proprietary systems, and other applications to perform complex data analysis, make sound recommendations and decisions, and complete all assigned duties.
• Collaborates and communicates clearly, accurately and effectively with all levels of staff, leaders and officials; establishes and maintains effective professional relationships with key external partners including financial advisors, bond counsel, banking partners, rating agencies, and other localities; politically astute with a deep awareness and understanding of organizational priorities and objectives; excellent collaborative skills, works well independently and as part of a team; requires the ability to effectively negotiate and manage competing timelines and priorities to achieve fiscal goals; excellent oral and written communication skills, with ability to prepare and give clear, easy-to-understand presentations to diverse target audiences.
• Develops and implements sound debt management strategies; serves as primary contact for credit rating agencies; serves on various County teams to promote bonds referendums, prepare schedules, reports, disclosures, annual and capital budgets; serves as primary financial advisor to County leadership on the issuance and management of debt; performs routine and ad hoc analysis, data modeling and reporting to develop and support recommendations, decision making, manage financial risk, support budgeting and forecasting, monitor debt ratios, maintain credit rating, identify potential refunding opportunities and debt service saving opportunities.
• Non-supervisory; demonstrated ability to lead designated teams towards intended outcomes and objectives.

Minimum Qualifications

Four (4) year degree in relevant field such as accounting, finance, or public administration, and five (5) years of relevant public sector accounting experience; OR: Any equivalent combination of experience and training which provides the necessary knowledge, skills, and abilities.

Additional Information

Relevant master's degree andprior experience in municipal debt management preferred.

A valid driver's license to perform assigned duties at various locations Countywide as required.

A criminal history record check and fingerprinting is conducted on all persons conditionally offered employment, including a conditional offer of initial employment, or a conditional offer to promote, demote, or laterally transfer an employee.

How To Apply

Closing Date:This position closes on Monday, April 29, 2024.

You apply for positions with Henrico County general government through our on-line applicant system, which is available 24-hours a day, 7-days a week with an Internet connection.Please access our job site portal though or click on the Jobs link in the upper right hand corner of our main County page at

Minimum Salary 76373

Maximum Salary

Currency USD

Main Organization General Government

General Government

Employment Status Permanent Fulltime

Permanent Full-time

Amount of Travel

Work At Home