Accuracy and Transparency
The financial affairs of the Port of Hueneme are overseen and managed by the Chief Finance and Administrative Officer. The Finance & Administration team is responsible for financial management and reporting, treasury, accounting, budgets, procurement, contract management, risk management, office management, and human resources functions of the Port.
The Port does not assess property taxes on District residences for operations and capital expansions and relies solely on operating revenues to run its day-to-day operations. Operating expenses of the Port are funded from revenues generated by tariff charges, leases, or other contract revenues assessed to Port users.
The Finance & Administration team performs accurate and timely financial reporting, safeguard assets of the Port, and ensure compliance with internal policies and procedures in accordance with Generally Accepted Accounting Principles, GAAP.
Administration & Finance: Our Key Objectives
- Perform accurate and timely financial reporting, safeguard assets of the Port, and ensure compliance with internal policies and procedures and GAAP principles.
- Manage the risk management function to ensure the Port is adequately covered by insurance.
- Fulfill the personnel plan by recruiting employees as needed, properly administer employee compensation and benefit packages, oversee employee relations matters and provide employee training.
- Oversee and administer restricted and un-restricted fund reserves for the timely and accurate reporting of investments. Develop and maintain the financial planning of reserves in order to support potential Port infrastructure, additions, modifications or upgrades.
- Oversee the administration of Port offices to ensure proper workspace, storage and employee accommodations exist.
World Trade Week Event 2022
Celebration of World Trade Week at the Port of Hueneme Highlights Importance of Green Tech and Blue Economy
Big splash of international read more
State Selects High-Tech Collaborative for Key Investment
iHub2 bolsters ongoing, evolutionary, and economic change for the region
View press release
On April 4, 2022, the California Office of the Small read more
FIRST Robotics Makes Big Splash on the Docks at Port of Hueneme
1,200 high school students compete with their best in tech and cargobotics
March 12, 2022 – Dubbed a varsity “Sport for the read more