• Directs all operational activities of the Sinking Fund Commission including payment of principal and interest due on all City issued bonds and temporary loan notes; ensures the orderly and timely payment of debt service; establishes and follows a schedule for payment of debt service; directs City Treasurer's Office on wire transfers of funds between accounts to cover anticipated payments; establishes sinking fund for special bond payments; formulates annual budget request for Sinking Fund Commission and presents testimony before City Council on the budget request.
• Manages and administers the Philadelphia Gas Works Retirement Reserve Fund; manages the Fund's investment program including equities, fixed income, global investments, real estate, venture capital and other investments; makes recommendations to the Sinking Fund Commission on selection of specific investment firms and managers; prepares and processes contracts for investment services.
• Monitors the performance of contracted investment professionals investing fund assets in revenue producing instruments; utilizes a specialized consultant in evaluating performance against market indices and in relation to other investment firms in similar investment style groups; meets with investment managers to discuss their portfolios and performance.
• Calculates, approves, and processes payments to all Fund consultants and investment managers; authorizes contracted banking custodians to process payment to consultants and investment managers; interacts with custodians on review of figures submitted and portfolio status; transfers monies between the custodians and money managers.
• Performs special projects, as assigned, conducting feasibility studies and research into financial planning and assessment programs; prepares reports detailing findings and recommendations and presents them to the Director of Finance and/or the Sinking Fund Commission.
• Performs related work as required.

KNOWLEDGE OF:

Both Specialties

• the principles and practices of public administration as they relate to a large municipal operation.
• research methods and techniques and the source of information as they relate to financial administration.
• the principles, methods and techniques used in budget formulation and administration.

Administration Specialty

• the principles and practices of methods and procedures analysis, administrative control, work simplification, systems analysis, and forms and records control.
• the principles and practices of management and administrative organization, including such areas as administrative planning, budgeting, human resource management, and computer applications and their application in solving a variety of operational and administrative problems.
• the organization and functions of the departments and agencies which comprise city government.
• the methods and techniques used in the preparation of funding applications and/or requests for proposals.

Financial Management

KNOWLEDGE OF:

• the principles and practices of municipal finance administration.
• the principles, practices and techniques used in the investment marketplace.
• the various types of investment markets, vehicles and strategies.

Both Specialties

• work independently and exercise independent judgment in arriving at conclusions and recommendations.
• serve effectively in a liaison and coordinating capacity in representing a superior at meetings and conferences.
• develop proposals and programs which respond to long and short range problems detected during analysis.
• enlist the cooperation of officials of various agencies to implement policy and procedural changes.
• prepare and interpret a variety of reports, charts, layouts and other materials.
• analyze and evaluate complex organizational, administrative, and managerial problems.
• analyze and comprehend procedural problems involving work production, work flow, fiscal expenditures and controls, forms and records,and staff utilization.
• quickly assimilate and comprehend the functions, programs, and goals of a variety of departmental operations.
• present ideas effectively, both orally and in writing.
• establish and maintain effective working relationships with associates, administrative officials, representatives of government and business agencies, and the general public.

Both Specialties

EDUCATION

• Completion of a bachelor's degree program at an accredited college or university with major course work in public administration, business administration, finance, economics or a related field.

• Six years of administrative or technical experience involving research and analysis or program evaluation, or analyzing long range fiscal plans and programs or budgets, or preparation and analysis of the financial statements which reflect activity applicable to fiscal plans or budgets.

Administration Specialty

SPECIFIC EXPERIENCE

• Three years of administrative experience above the full performance level performing a wide variety of analytical management and staff assignments of a non-repetitive nature for a central agency of a large public jurisdiction.

Financial Management Specialty

SPECIFIC EXPERIENCE

• Three years of advanced level fiscal analysis work conducting feasibility studies and research into long range, city-wide fiscal programs.

Or any equivalent combination of education and experience determined to be acceptable by the Personnel Department which has included a bachelor's degree as an educational minimum and the specific experience as indicated.

PHYSICAL AND MEDICAL REQUIREMENTS

• Ability to physically perform the duties and to work in the environmental conditions required of a position in this class.

PAY RANGE: EP26
Class Established: 1/1987

Latest Spec. Revision:
  CSC - 4/1994 ; Ad Board - 6/1994

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