Henrico County Public Schools
Location
Henrico, VA | United States
Job description
Job Title
County Debt Manager
Location Henrico, VA, US
Organization Name County of Henrico Department of Finance
About Us Henrico County, a progressive employer of choice, provides job seekers with the promise of fair and competitive compensation; a close-knit atmosphere with low employee turnover; and a benefits package that helps secure financial stability.
Established in 1611, Henrico County has deep historical roots. Henrico County borders the City of Richmond to the west, north and east and constitutes approximately a third of the Richmond metropolitan areas. Henrico County is among the top-rated counties in the nation and was one of the first localities to adopt the County Manager Form of Government. Citizens of Henrico County are represented by an elected Board of Supervisors representing five magisterial districts.
Henrico County General Government currently has more than 30 agencies. Department Heads are appointed by the County Manager, with the exception of the elected constitutional officers. Henrico County is an equal opportunity employer and, when you join us, you will be surrounded by fellow associates who come from all walks of life, all types of cultural backgrounds and all ages.
General Statement of Duties Closing Date: This position closes on Monday, March 11, 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 and prior 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, March 11, 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 140493
Currency USD
Main Organization General Government General Government
Employment Status Permanent Fulltime Permanent Full-time
Amount of Travel Work At Home
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