Salary : $107,507.30 - $136,271.62 Annually
Location : Chinook Building 401 5th Avenue Seattle, WA
Job Type: Career Service (Exec)
Job Number: 2026JM27531
Department: DES - Executive Services
Division: FMD - Facilities Mgmt
Opening Date: 07/10/2026
Closing Date: 7/26/2026 11:59 PM Pacific
FLSA: Exempt
Bargaining Unit: Z3 : KC Personnel Guidelines
Full- or Part-Time: Full Time
Hours/Week: 40 hours/week
Summary
The King County Facilities Management Division ("FMD") Finance Section is looking to fill a Business and Finance Officer III position, directly supporting our Real Estate Services ("RES") section and managing the Real Estate Services Sub-Fund of the King County General Fund and the stand-alone Long-Term Lease Fund. We are looking for someone with real estate and/or property management experience, who will not only be able to execute all financial requirements of the County's Real Estate Section, (charged with negotiating and executing real property acquisitions and divestitures, leasing space for other King County agencies, and supporting other property sales and leasing transactions), while also ensuring compliance with all applicable legal, funding source, or contract compliance; including research on any open issues or operational variances within that section. It is an exciting time for FMD as we are in the process of assessing and improving internal operations, challenging existing ways of doing our work, and looking to become proactive partners in our support of all King County initiatives.
The successful finance professional in this role would not only be responsible for overseeing and implementing all the accounting, budgeting, and financial reporting for both the RES Fund and the LTL Fund, this role will also provide needed financial analysis of fund revenues and costs for FMD leadership and other KC entities. The position is responsible for making recommendations to FMD leadership on matters related to financial processes, including preparing Fiscal Notes to be included in legislative decision packages submitted to King County Council. Finally, the role will provide subject matter expertise, recommendations, and other support for the Real Estate Section.
This role also supervises one Business & Finance Officer I ("BFO I") direct report, providing excellent opportunities to develop or expand your supervisory skills. The position will assign, direct, and monitor the work of the BFO I which currently includes: 1) overseeing permit billing and processing of permit payments, 2) reviewing and approving RES invoices for payment, 3) reviewing RES lease invoicing and recording adjustments to customer accounts as needed.
WHO WE ARE?
Through a workforce of over 350 dedicated employees, FMD operates, maintains, and manages the County's owned real estate portfolio by developing and maintaining cost-conscious, sustainable, high-quality facilities, that provide a welcome and safe work environment for our fellow King County employees. The Building Operations Section of FMD maintains approximately 3 million square feet of owned facilities where King County provides many local and regional services, including general office space, courthouses, police precincts, public health care centers, administrative operations, animal shelters,andseveral buildings that operate on a 24 hour/7 day a week schedule. Ourfacilitiesrangeinagefrom8to over 100years,with equipment such as boilers, chillers, DDC controls, ventilation fans, pumps, compressors, and fire/life/safety systems.
To learn more about FMD and the work we support, visit our website at:
COMMITMENT TO EQUITY AND SOCIAL JUSTICE
As the only jurisdiction in the world named after Dr. Martin Luther King, Jr., one of the most influential civil rights leaders in our nation's history, King County is a vibrant international community with residents that represent countries from around the world. It is a region with increasing diversity that cherishes the traditions of many cultures.
Therefore, we have a deep commitment to equity and social justice and using advancing practices, strategies, and innovative policies that promote fairness, justice, and opportunity for all-in our work places and our communities. With this commitment, King County has adopted a pro-equity agenda to advance regional change and ensure that residents from vulnerable communities are incorporated into our emergency planning and public outreach efforts.
Click here to complete the microlearning on King County's Equity, Racial and Social Justice Values and Commitments.
Job Duties
- Own overall financial oversight of the RES sub-fund.
- Prepare financial reviews and analyze the RES proforma budget reports prepared by the budget office; work to develop the RES proposed biennial budget as needed.
- Analyze actual revenues and work with RES staff to develop estimated biennial revenue projections for RES services covering permits, property acquisitions, franchises, right of way easements, property sales, property management services and other leasing activities of the County. Submit revenue projection documentation of King County Council approval, run various budget system reports, and reconcile such submittals to ensure accuracy and completeness.
- Analyze fund expenditures to determine biennial base budget requirements for:
- Staff salaries and benefits, 2) supplies, 3) outside support services, 4) real estate transaction costs, and 5) provide analyses and recommendations to RES leadership on revenue enhancements and cost containment opportunities.
- Work with RES leaders to support 1) new building space requests; 2) preparing space cost estimates, budget submittal documents, 4) requests for new positions and/or other incremental expenditure requests. Input that information into King County's budget systems including uploading supporting documents. Run all monthly, quarterly and annual budget system reports needed and periodically reconcile with submittals to ensure accuracy and completeness.
- Work with the assigned budget analyst to document budget assumptions, answer questions, and provide supporting documentation for the RES fund's budget.
- Provide information to FMD leaders, Real Estate Services Manager, Finance Manager, and budget staff analyst for questions from the Executive Office, Budget Office, and King County Council staff.
- Review incoming cash/checks for deposit to ensure proper coding and record keeping.
- Help evolve FMD's financial support to RES, report the results of RES monthly operations, and provide any needed ad hoc support for RES decision-making.
- Perform other work as needed.
Long Term Lease Fund
- Maintain database of rent and related lease operating costs and provide key information for budget development, review budget proposals with the budget office, submit revisions as needed, implement and monitor project budgets for all capital leases.
- Analyze lease documents to pull all financial information, determine rent schedules, lease terms, KC operating cost responsibilities, other additional costs outlined in lease and independently prepare and submit to AP each month's approved rent roll.
- Review lease operating cost estimates and annual operating cost reconciliations submitted by landlords; analyze cost changes and provide analysis to RES leasing staff.
- Verify rates for scheduled changes and process monthly lease payments for multiple KC agencies; work with lessee agencies to collect reimbursement for monthly expenditures. Provide agencies with information on lease budgets, estimated costs, lease terms.
- Monitor and develop projections of fund balance; provide fund analysis for presentation to Finance Manager, Division management and Executive Budget Team.
- Help evolve FMD's financial operations, learn both for our lease management database (Co-Star) and lease accounting software (Galaxy).
- Analyze leases to prepare cost projections of rent and operating costs for RES staff, Division management, fiscal legislation notes, lessee agencies and for FBOD's Gravity database group.
- Act as subject matter expert pertaining to all financial aspects in development and implementation of lease database software.
- For LTL transferring funds between King County, for the cost of external leases and other external revenue producing transactions, monitoring leases for compliance with terms of the lease agreements and providing financial analysis of the Capital Fund; preparing the biennial budget and working with Executive Budget Team to review accuracy of both the Capital budget and Operating budget proposals.
Experience, Qualifications, Knowledge, Skills
Minimum Qualifications:
- Bachelor's degree in finance, business, accounting, or related field; OR an equivalent combination of education and experience.
- At least three (3) years of progressive experience in accounting, finance, financial reporting, budget development, business analysis and forecasting, and use of enterprise-wide financial applications.
- Lease accounting experience.
- Demonstrated experience in presenting budget information as it relates to key policy issues for resource allocation.
- Demonstrated experience in ERP/financial management systems, budget development and tracking systems, reporting systems and developing related solutions.
- Ability to work well within a team, communicate challenges, identify opportunities, and to collaborate with other FMD team members.
- Ability to synthesize complex financial and accounting issues in simpler terms for a non-finance/accounting audience.
- Ability to identify opportunities for process efficiencies.
- Ability to plan, prioritize, and meet deadlines.
- Skilled in conflict resolution and ability to act in a tactful and diplomatic manner, especially with other divisions, auditors, and external agencies.
- Proficiency using typical Microsoft Office products, (Outlook, SharePoint, Teams, and Excel (intermediate to expert level required))
Desired Qualifications:
- Knowledge of public sector accounting and auditing, including structure, programs, funding sources, and policies.
- Experience with real estate transactions, real estate portfolio management and other property management related tasks.
- Experienced in the use of King County financial systems and tools such as Oracle EBS, BI Insights, BI Publisher, etc.
- Experience in cloud computing environment.
- Federal, state and local audit requirements for grant administration.
- Understanding the principles of equity and social justice.
Our Ideal Candidate Will Have the Following Competencies:
- Manages Ambiguity: Operating effectively, even when things are not certain or the way forward is not clear.
- Action Oriented: Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
- Technical Learning: Picking up new technical requirements quickly; and adapting to changes and trends in accounting, grants administration, and governmental auditing.
- Customer Focus: Building strong customer relationships and delivering customer-centric solutions.
- Managing Diversity: Recognizing the value that different perspectives and cultures bring to an organization.
Supplemental Information
Application and Selection Process: Application materials will be screened for clarity, completeness including online application, cover letter and resume, and responsiveness to the list of qualifications, skills, and abilities. The most competitive candidates may be invited to participate in one or more panel interviews and testing.
Our most competitive applicants will have the following in their application materials:
- A completed King County application
- Resume
- Cover Letter detailing your background and what you can bring to this position.
- Responses to supplemental questions
Union Membership: This position is not represented.
If you have any questions about this recruitment, please reach out to Jessica Mango at Jmango@kingcounty.gov.
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Guided by our , we are making King County a welcoming community where every person can thrive. We value diversity, inclusion and belonging in our workplace and workforce. To reach this goal we are committed to workforce equity. Equitable recruiting, support, and retention is how we will obtain the highest quality workforce in our region; a workforce that shares and will help advance our guiding principles - we are one team; we solve problems; we focus on the customer; we drive for results; we are racially just; we respect all people; we lead the way; and we are responsible stewards. We encourage people of all backgrounds and identities to apply, including Native American and people of color, immigrants, refugees, women, LGBTQ+, people living with disabilities, and veterans.
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No person is unlawfully excluded from employment opportunities based on race, color, religion, national origin, sex (including gender identity, sexual orientation and pregnancy), age, genetic information, disability, veteran status, or other protected class. Our EEO policy applies to all employment actions, including but not limited to recruitment, hiring, selection for training, promotion, transfer, demotion, layoff, termination, rates of pay or other forms of compensatio