Virginia Passenger Rail Authority
Director of Financial Planning & Analysis
Virginia Passenger Rail Authority, Richmond, Virginia, United States, 23214
Overview
The Virginia Passenger Rail Authority (VPRA) is a political subdivision established by Chapter 1230 of the 2020 Acts of Assembly. VPRA is responsible for promoting, sustaining, and expanding the availability of passenger and commuter rail services in the Commonwealth, including all administrative and fiduciary responsibilities for Virginia's state-supported passenger rail services. The VPRA also funds Virginia Railway Express (VRE) and administers all capital expansion projects, infrastructure, and land acquisitions related to the Transforming Rail in Virginia initiative, which will double Amtrak and VRE service in Virginia over the next decade. The VPRA acts as a responsible public entity under the Public Private Partnership Act of 1995. Position summary
Are you a strategic finance leader ready to take charge of multimillion-dollar capital investments and reshape how rail infrastructure is funded across Virginia? VPRA seeks a dynamic finance professional to lead the financial planning and analysis (FP&A) team. The FP&A group supports the VPRA's passenger train operations and capital infrastructure program. The Director of Financial Planning and Analysis will lead the financial planning, cash management, and debt financing for large transportation capital projects. As the Authority is a newly created entity, this position will assist in the continued development of the finance function and will entail day-to-day financial tasks and strategic and operational projects. Responsibilities
Direct the annual budget development for the Transforming Rail in Virginia initiative, including capital and operating expenditures for seven state-sponsored intercity passenger trains and related grants. Perform ongoing financial planning by monitoring key data inputs, modeling discrete financial scenarios, and communicating findings to upper-level management. Direct the development and management of the Authority's cash and investment portfolio, including forecasting short- and long-term cash liquidity to maximize earning potential. Oversee VPRA's planned debt financing activities and comprehensive revenue administration processes, including partner contributions, VDOT revenues, and state and federal grants; ensure expenditure eligibility, reimbursement accuracy, receipt tracking, and alignment with strategic funding and capital planning initiatives. Oversee VPRA's cost allocation plan process, ongoing monitoring, and system maintenance. Supervise capital and operating grant processes, including grantee agreements, monitoring funding, reimbursements, and reconciliations. Develop and maintain operational expertise in VPRA-owned systems to drive department and agency outcomes; navigate complex policies, stakeholder relationships, and organizational dynamics to inform thoughtful decisions and enable impactful solutions. Work collaboratively with other departments to provide solutions to fiscal management and business functions that improve operations while maintaining or improving financial integrity. Provide executive-level support to the CFO by preparing and organizing key financial data for priority initiatives; assist in meetings to cultivate relationships with external stakeholders by delivering clear, impactful presentations on VPRA's financial operations. Ensure timely completion of special projects, as assigned by the CFO. Qualifications
Required Education:
Bachelor’s degree in accounting, finance, or a related field from an accredited college/university; or equivalent prior work experience. Preferred Education:
Licensed as a Certified Public Accountant (CPA). Required Experience: Minimum five (5) years of experience in finance or accounting with progressive career growth. Knowledge of transportation financial structures involving revenue, expenditures, appropriations, and assets & liabilities. Knowledge of GAAP and financial accounting policies and procedures. Ability to utilize various accounting and financial systems for data analysis and reporting. Strong analytical and problem-solving skills with attention to detail and the ability to understand the big picture. Demonstrated ability to work effectively, independently, and flexibly in a fluid environment. Ability to communicate effectively with diverse groups and individuals. Excellent organizational and time management skills. Excellent skills in Microsoft Office (Word, Excel advanced, PowerPoint, Outlook) and Adobe. Preferred Experience: Experience with MD365 or a similar ERP. Experience with Power BI or other data analytical tools. Additional information
Are you interested in this position, but you don\'t meet every single requirement? VPRA encourages you to apply anyway. We are dedicated to building a talented team and an inclusive, authentic workplace. Applicants must fully and accurately represent their qualifications and work history on the application or resume. The decision to interview an applicant is based on the information provided; therefore, applicants must supply detailed information. Reasonable accommodations are available to individuals with disabilities during the application and interview processes per the Americans with Disabilities Act. Veterans, people with disabilities, National Service alumni are encouraged to apply. Equal Opportunity Employer.
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The Virginia Passenger Rail Authority (VPRA) is a political subdivision established by Chapter 1230 of the 2020 Acts of Assembly. VPRA is responsible for promoting, sustaining, and expanding the availability of passenger and commuter rail services in the Commonwealth, including all administrative and fiduciary responsibilities for Virginia's state-supported passenger rail services. The VPRA also funds Virginia Railway Express (VRE) and administers all capital expansion projects, infrastructure, and land acquisitions related to the Transforming Rail in Virginia initiative, which will double Amtrak and VRE service in Virginia over the next decade. The VPRA acts as a responsible public entity under the Public Private Partnership Act of 1995. Position summary
Are you a strategic finance leader ready to take charge of multimillion-dollar capital investments and reshape how rail infrastructure is funded across Virginia? VPRA seeks a dynamic finance professional to lead the financial planning and analysis (FP&A) team. The FP&A group supports the VPRA's passenger train operations and capital infrastructure program. The Director of Financial Planning and Analysis will lead the financial planning, cash management, and debt financing for large transportation capital projects. As the Authority is a newly created entity, this position will assist in the continued development of the finance function and will entail day-to-day financial tasks and strategic and operational projects. Responsibilities
Direct the annual budget development for the Transforming Rail in Virginia initiative, including capital and operating expenditures for seven state-sponsored intercity passenger trains and related grants. Perform ongoing financial planning by monitoring key data inputs, modeling discrete financial scenarios, and communicating findings to upper-level management. Direct the development and management of the Authority's cash and investment portfolio, including forecasting short- and long-term cash liquidity to maximize earning potential. Oversee VPRA's planned debt financing activities and comprehensive revenue administration processes, including partner contributions, VDOT revenues, and state and federal grants; ensure expenditure eligibility, reimbursement accuracy, receipt tracking, and alignment with strategic funding and capital planning initiatives. Oversee VPRA's cost allocation plan process, ongoing monitoring, and system maintenance. Supervise capital and operating grant processes, including grantee agreements, monitoring funding, reimbursements, and reconciliations. Develop and maintain operational expertise in VPRA-owned systems to drive department and agency outcomes; navigate complex policies, stakeholder relationships, and organizational dynamics to inform thoughtful decisions and enable impactful solutions. Work collaboratively with other departments to provide solutions to fiscal management and business functions that improve operations while maintaining or improving financial integrity. Provide executive-level support to the CFO by preparing and organizing key financial data for priority initiatives; assist in meetings to cultivate relationships with external stakeholders by delivering clear, impactful presentations on VPRA's financial operations. Ensure timely completion of special projects, as assigned by the CFO. Qualifications
Required Education:
Bachelor’s degree in accounting, finance, or a related field from an accredited college/university; or equivalent prior work experience. Preferred Education:
Licensed as a Certified Public Accountant (CPA). Required Experience: Minimum five (5) years of experience in finance or accounting with progressive career growth. Knowledge of transportation financial structures involving revenue, expenditures, appropriations, and assets & liabilities. Knowledge of GAAP and financial accounting policies and procedures. Ability to utilize various accounting and financial systems for data analysis and reporting. Strong analytical and problem-solving skills with attention to detail and the ability to understand the big picture. Demonstrated ability to work effectively, independently, and flexibly in a fluid environment. Ability to communicate effectively with diverse groups and individuals. Excellent organizational and time management skills. Excellent skills in Microsoft Office (Word, Excel advanced, PowerPoint, Outlook) and Adobe. Preferred Experience: Experience with MD365 or a similar ERP. Experience with Power BI or other data analytical tools. Additional information
Are you interested in this position, but you don\'t meet every single requirement? VPRA encourages you to apply anyway. We are dedicated to building a talented team and an inclusive, authentic workplace. Applicants must fully and accurately represent their qualifications and work history on the application or resume. The decision to interview an applicant is based on the information provided; therefore, applicants must supply detailed information. Reasonable accommodations are available to individuals with disabilities during the application and interview processes per the Americans with Disabilities Act. Veterans, people with disabilities, National Service alumni are encouraged to apply. Equal Opportunity Employer.
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