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Multnomah County Drainage District - Chief Financial Officer (CFO)

Posted: 11/17/2020
Salary: $127,796-$204,474
Location: Portland, OR 

Position Summary:
Multnomah County Drainage District is seeking a Chief Financial Officer (CFO) to guide the financial, administrative and procurement functions of the organization. We are looking for a creative and flexible individual to provide leadership and support in a time of transition in the organization. This position reports directly to the Executive Director and is a critical member of the organization’s Executive Team. The CFO is a new position for MCDD as the agency continues to grow and evolve.

Four separate Drainage Districts currently manage the 27-mile levee system along the Columbia River that runs from the railroad berm along N. Portland Road in North Portland on the west the confluence of the Columbia and Sandy Rivers on the east consisting of: Peninsula Drainage District #1 (PEN 1), Peninsula Drainage District #2 (PEN 2), Multnomah County Drainage District (MCDD), and Sandy Drainage Improvement Company (SDIC). These four districts encompass nearly 13,000 acres (about the size of the City of Beaverton by land area). Each district is an independent governmental entity with its own governing board and authority to collect assessments. The largest district, MCDD, operates and administers to the other three Drainage Districts since 1997 through intergovernmental agreements. MCDD is the only district with staff and equipment.

Prior to the formation of the Drainage Districts and the construction of the levee system around 1918, the area along the Columbia River was a natural floodplain with a system of channels, lakes, and wetlands that flooded seasonally. Prior to the levee system, Native Americans relied on the floodplain for trade, travel, hunting, fishing, and seasonal gathering for food and weaving materials. The levees were constructed by settlers to protect agricultural land. Over the last century the levees allowed the area to protect major residential, commercial, industrial, and transportation assets for nearly 8,000 residents, 2,500 businesses, and support 60,000 jobs. It protects critical private and public infrastructure including the Portland International Airport, three interstate highways, and Oregon’s second largest source of drinking water (the South Shore Columbia Well Field). The 19 miles of Columbia Slough and 30 miles of secondary waterways and other major surface water features are the critical conveyance system managed by MCDD to reduce flood risk.

Over the last decade, MCDD has rapidly evolved into a solutions-oriented regional leader in floodplain management. In 2013, MCDD formed the Levee Ready Columbia (LRC), partnership with support by Oregon Solutions. This partnership represents public, private, non-profit, and neighborhood groups was created to meet new federal safety standards and work with MCDD to evaluate a more efficient government and funding mechanism.

In June 2019, the Oregon State Legislature passed SB 431 with the support of the drainage districts, LRC and regional partners to create a new government called the Urban Flood Safety & Water Quality District (UFSWQD). MCDD staffs the new UFSWQD in establishing the new government entity, developing a sustainable revenue stream and supporting the long-term transition from four districts into one. Details of the UFSWQD are found in Oregon State Statute (ORS) 550:

Today, MCDD is made up of a fast paced team of over 30 employees with a passion for one of the most critical infrastructure systems in the region focused on flood risk reduction and equitably supporting the community we serve. Learn more:

Primary Position Functions:
The Chief Financial Officer (CFO) oversees all financial functions include preparing and presenting financial reports; managing professional-level accounting functions including financial statements, budget reports, actuarial estimates, and audits. In addition, this position oversees procurement, administration and human resources. As the organization’s top financial executive, the CFO supports the overall operations and strategic vision of the board’s Mission, Vision, and Values. This individual will be expected to develop, recommend and implement policies of MCDD, the other districts boards and adhere to existing policies, procedures, and financial regulatory requirements.

Essential Duties:
As the agency’s top financial executive, the CFO plays a critical leadership role. Key responsibilities include:

Accounting & Finance

  • Direct, manage, and oversee the activities of the accounting department according to GAAP and pubic budget law
  • Guide the financial strategy
  • Direct the development and analysis of revenue and monitors cash flows to ensure efficient flow of working capital
  • Direct the preparation of all financial reports for the District Boards, Executive Director, Tax Supervisory and Conservation Commission and external auditors
  • Develop, implement, and monitor accounting and financial policies and procedures
  • Plan, direct and manage budget functions; monitor and analyze financial statements for compliance with budget; investigate variances between actuals from budgets, and counsel management team on corrective actions
  • Ensure departmental compliance with all applicable codes, laws, rules, regulations, standards, policies and procedures; initiate any actions necessary to correct deviations or violations.

Administration & Strategic Direction

  • Direct and oversee MCDD and UFSWQD administrative functions including information technology, procurement, HR, and administration.
  • Develop and implement short-term and long-term strategic financial goals and plans.
  • Manage complex special projects including negotiations, evaluations and business development opportunities.


  • Participate and contribute to the Executive Team consisting of the Executive Director, Chief Engineer, Deputy and Legal Counsel
  • Guide and support staff with complex challenges
  • Provide guidance to UFSWQD around financial lending and revenue development model.
  • Represent MCDD and the UFSWQD Boards in meetings, community outreach, stakeholder meetings and State committee meetings.

It is the duty of all employees to:

  • Perform other duties as assigned;
  • Support the Mission, Vision, and Values of the organization;
  • Perform the duties assigned during an emergency;
  • Support and contribute to the organization’s work on Diversity Equity and Inclusion;
  • Act as a strong ambassador for MCDD in the community;
  • Exemplify the workplace safety culture.

Supervisory Responsibilities:
The position must be able to matrix manage providing subordinate work groups clear direction on the agency’s goals. The position is responsible to carry out the full spectrum of leadership responsibilities including hiring, training, conducting performance reviews; rewarding and disciplining employees; addressing complaints and resolving problems.

Education and/or Experience; Certificates, Licenses, and Registrations:

  • Bachelor’s Degree in business administration, public administration, finance or related field, and
  • A minimum of eight (8) years of senior management experience in administrative and financial functions including three (3) years supervising subordinate supervisors, or
  • An equivalent combination of education, experience and training that would provide the knowledge, skills and abilities required for the successful performance of the essential job duties.

Knowledge, Skills and Abilities:

  • Knowledge of organizational and management practices as applied to the analysis and evaluation of programs, policies and operational needs.
  • Knowledge of cash management principles, debt management, assess potential funding structures, banking systems and processes
  • Knowledge of Generally Accepted Accounting Principles (GAAP), Government Accounting Standards Board (GASB), auditing principles, and general accounting analysis.
  • Knowledge of applicable Federal, State and local laws, codes and regulations.
  • Skill in public speaking and presenting information and ideas to individuals and in group settings.
  • Ability to work effectively with information management systems and adapt quickly to system changes and updates.
  • Ability to analyze problems, identify alternative solutions, project outcome of proposed actions and implement recommendations
  • Ability to prepare and administer large and complex budgets and to allocate limited resources in a cost-effective manner. 
  • Ability to appropriately delegate authority and responsibility
  • Demonstrated commitment to diversity, equity, and inclusion

Working Environment:
This position requires sitting at a computer, occasional lifting of boxes of documents or other items. This position is not considered safety sensitive. Because this position is critical to the administration of the agency, this position is expected to work five days a week in the office, full-time. Hours may vary but should generally fall between 7:30am and 5:30pm.

Accommodation: Reasonable accommodation is available to anyone whose specific disability prevents them from completing this application or participating in this process.

Veterans’ Preference: Under Oregon Law, qualified veterans may be eligible for Veterans’ Preference when applying for MCDD positions. If you are a veteran and would like to request Veterans’ Preference for this job, please provide qualifying documents (Copy of the Certificate of Release or Discharge from Active Duty, DD Form 214 or 215; Disabled Veterans must also submit a copy of their Veteran’s Disability Preference Letter from the U.S. Department of Veterans Affairs) with your application submittal. Documentation must be received by the closing date and time of this recruitment for the applicant to receive Veterans’ Preference.

Equal employment opportunity: All qualified persons will be considered for employment without regard to race, color, religion, sex, national origin, age, marital status, familial status, gender identity, sexual orientation, disability for which a reasonable accommodation can be made or any other status protected by law. This position is not represented.

Please submit the following, in PDF form, via our Smartsheet link found here: Incomplete applications will not be considered. A complete packet will include:

  • Cover letter (Your cover letter should address your ability to meet the minimum requirements)
  • Résumé
  • Reference sheet (minimum of 3 professional references)

Application Deadline: December 4, 2020