Director of Finance
Fahrenheit Advisors, Richmond, VA, United States
Fahrenheit Advisors has been retained to assist the Richmond Metropolitan Transportation Authority (RMTA) in its search for a Director of Finance . This is a key leadership opportunity within a respected public authority serving the Richmond metropolitan region.
About RMTA
Established by the Virginia General Assembly, RMTA builds and operates transportation-related public facilities throughout the Richmond region. The Authority operates and finances its facilities solely through user fees, requiring disciplined financial management and long-term strategic oversight.
RMTA operates under a “One RMTA” philosophy — fostering collaboration, accountability, and an inclusive work environment where employees of diverse backgrounds and experiences contribute to stronger outcomes. The organization is known for its stability, with team members whose tenure ranges from a few months to more than four decades.
RMTA offers a competitive benefits package including:
- Generous paid time off plus 13 holidays
- Private office and free parking
- Company-funded Health Savings Account
- Retirement savings plan
- Wellness and pet insurance options
Position Overview
The Director of Finance serves as RMTA’s senior financial leader and a key member of the Senior Leadership Team. This individual oversees a budget exceeding $20 million and leads a team of four accounting professionals.
The role combines strategic leadership with operational oversight, ensuring the Authority’s financial integrity, regulatory compliance, and long-term fiscal sustainability. The Director of Finance regularly presents to and collaborates with the Board of Directors.
Key Responsibilities
- Lead all financial operations including budgeting, forecasting, reporting, and internal controls
- Oversee preparation of financial statements, statistical reporting, and annual audit coordination
- Manage bond issuance, public debt compliance, and relationships with external financial partners
- Oversee investment and risk management activities
- Present financial performance and strategic insights to the Board of Directors
- Ensure compliance with governmental accounting standards and regulatory requirements
- Lead, mentor, and develop accounting staff
- Oversee and optimize financial systems supporting multiple cost centers
Qualifications
- 8+ years of progressively responsible financial and accounting leadership experience
- Demonstrated supervisory experience managing accounting teams
- Bachelor’s degree in Accounting or Finance required
- Master’s degree (MBA or MPA) preferred
- CPA strongly preferred
- Experience in public sector finance, bond indebtedness, and governmental accounting preferred
- Experience with ERP systems (Dynamics 365 Business Central preferred)
- Advanced Excel proficiency and strong presentation skills