Chief Financial Officer (ID:41577)
Our client, Metropolitan Airport Commission of Minneapolis and St. Paul has retained Versique to find their next CFO. This critical position will lead finance, human resources and revenue management. This organization is ranked as one of the best run in their industry. Ideal candidate will have diverse background of experiences to drive the organization to greater achievements into the future.
The Chief Financial Officer position oversees and manages the Finance & Revenue Development Division, to include the Finance, Purchasing, Commercial Management & Airline Affairs, Risk/Insurance departments and Human Resources & Labor Relations Division, to include the Labor Relations, Employee Development & Engagement, Diversity & EEO, and Employee Relations departments.  The incumbent will provide leadership in the development of people, strategies, policies and programs for the effective operation, maintenance, and financial stability of the organization.

Reporting Relationship – Reports to the Executive Director/Chief Executive Officer. Leads direct and indirect reports in the Human Resources & Labor Relations, and the Finance & Revenue Development divisions.
Organizational – Serves on Senior Staff and is a financial liaison to the Commission. Interacts with people at all levels of the organization.
External Partners – Contact with customers, public agencies, vendors, professional associations, and the public. 

1) Organization Management:
Strategic and Operational Planning:   
  • Collaborate with Senior Staff to develop and implement strategic direction for the organization, in accordance with MAC’s Vision, Mission and Values 
  • Facilitate collaboration and integration of goals and operations across the organization and within the two divisions.  Ensure goals integrate and directly support the MAC’s strategic plan.
  • Identifies, develops, and executes analysis of business initiatives.
  • Facilitate the development and achievement of MAC’s financial goals and strategies to implement. 
  • Collaborates with the Vice President of Finance and Revenue Development on the annual budget process, identifying and managing funding sources for MAC’s capital improvement plan and managing financial assets.
  • Collaborates with the Vice President of Human Resources & Labor Relations on the overall Total Rewards strategy (compensation, benefits, culture) for both represented and non-represented staff.
  • Directs the debt management strategy including new debt, credit ratings, refunding opportunities and the short-term debt program.  

2) Policy and Program Development:    
  • Oversee the development and implementation of MAC Administrative Policies and Procedures and Human Resources policies. 
  • Inform the Executive Director/Chief Executive Officer of recent developments, needs or problems which may require the establishment of new or revised policies, programs, or goals.
  • Develop and recommend to the Executive Director/Chief Executive Officer policies and programs as needed to ensure the safe, efficient, and financially responsible management of the Commission’s system of airports. 

3) General Managerial Responsibilities:    
  • Serve as the Commission Treasurer for the organization
  • Communicate with leadership to align and obtain input and feedback on strategies.
  • Provide direction and feedback to the appropriate Vice Presidents regarding strategy on agreements, including airline agreements and collective bargaining agreements.   
  • Serve as liaison between the commission and outside entities on Financial and HR matters and/or delegate this role to the appropriate Vice President.
  • Provide guidance on all financial management operations, including financial records and investments, financial reports and analysis, audits and budgets, insurance, payroll, revenue collection and other     financial matters.
  • Provide guidance on all Human Resource and Labor Relations operations, including overseeing programs and policies involving individual functional units within the Human Resources & Labor Relations Divisions.

4) Leadership:
  • Create and maintain a rewarding and productive work environment. 
  • Be engaged in industry organizations. (ACI, AAAE etc.)
  • Participate in executive level meetings while offering insights and recommendations.
  • Develop and implement succession management plan for division staff.
  • Work effectively with the Vice Presidents of Finance and Revenue Development and Human Resources, respectively, to direct the activity of division employees, and integrate MAC's Mission, Values, and Strategic Goals into areas of responsibility. 
  • Exercise administrative authority in accordance with MAC Human Resource Policy, MAC Administration Manual, and/or the appropriate collective bargaining agreement. 
  • Hire, develop, recognize, transfer, discipline, and discharge employees. 
  • Facilitate effective working relationships among department employees and tenant partners.
  • Hear and adjust employee grievances. 
  • Communicate clear performance expectations and standards to division employees and hold employees accountable to those expectations and standards. 
  • Conduct regular performance review discussions.  

5) Competencies: 
  • Customer Focus - Building strong customer relationships and delivering customer-centric solutions.
  • Cultivates Innovation - Creating new and better ways for the organization to be successful.
  • Strategic Mindset - Seeing ahead to future possibilities and translating them into breakthrough strategies.
  • Ensures Accountability - Holding self and others accountable to meet commitments. 
  • Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
  • Develops Talent - Developing people to meet both their career goals and the organization’s goals.
  • Values Differences - Recognizing the value that different perspectives and cultures bring to an organization.
  • Communicates Effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences. 
  • Drives Engagement - Creating a climate where people are motivated to do their best to help the organization achieve its objectives.
  • Drives Vision and Purpose - Painting a compelling picture of the vision and strategy that motivates others to action.
  • Instills Trust - Gaining the confidence and trust of others through honesty, integrity, and authenticity.
  • Nimble Learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.

6) Required Skills and Experience: 
  • Bachelor’s degree in Accounting, Finance, or related business field is required.
  • Ten years of progressive leadership experience in finance and management.
  • Significant experience and a pattern of successful interactions while presenting to or advising executive committees, public committees, or a board of directors.
  • Working knowledge of all controllership functions for internal controls, internal reporting, audit process, budgeting, cash management and payroll, debt/covenant, (Treasury/Tax/Audit) systems.
  • Extensive experience and/or experience leading functions responsible for  cash flow management, cost accounting, analysis and financial modeling, budgeting and forecasting.
  • Knowledge of the principles and practices of public administration/management and an understanding of state laws, rules, and regulations as they apply to financial services.
  • Knowledge of generally accepted accounting principles (GAAP).
  • Excellent leadership skills, collaborative work style, and relationship- building skills.
  • Proven track record of building and developing exceptional teams, managing a variety of functions, and designing innovative strategies and executing tactics to achieve growth objectives.
  • Experience building collaborative relationships and influencing/negotiating positive outcomes with internal and external stakeholders.
  • Valid driver’s license.
  • Pass a credit background check.

7) Preferred Skills and Experience:
  • Experience in public finance and administration within a medium or large United States airport.
  • Experience in airport management or aviation.
  • Certified Public Accountant (CPA) designation. 
  • MBA or other advanced degree.

About Versique:
Versique is one of the largest recruiting firms in the Midwest and specializes in both consulting and permanent placement. With a valuable blend of functional, industry and recruiting experience, our award-winning team of headhunters has a proven track record of delivering exceptional talent acquisition solutions. The Versique brand represents a powerful combination of “versatile” and “unique” as it hints at the concept of “search” in its pronunciation: ver-seek.

Versique is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors.

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Chief Financial Officer (ID:41577)

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