Chief Financial Officer/City Treasurer

The Chief Financial Officer/City Treasurer plans, directs, and manages the financial operations of the City in accordance with generally accepted accounting principles and professional standards. As the City’s Chief Financial Officer, manages and directs programs and activities of the Finance Division and oversees appropriate internal controls related to citywide financial functions. Directs the City’s financial and budget activities to fund operations, maximize investments, and increase efficiency. Develops and executes investment strategy, general debt management, and strategic banking and investment relationships for the City. Directs all major budgeting, accounting, purchasing, and treasury functions for the City. Determines and implements department programs, policies, and processes, and conducts long-term planning in support of the City strategic plan. As an Appointed Officer under general direction from the Mayor and City Council, performs work within policies and administrative regulations with wide latitude for exercise of independent judgment.

With the joint responsibility as City Treasurer, the job manages programs and activities of City treasury operations and the investment portfolio. Duties include responsibility for day-to-day management of treasury operations and ensuring maintenance of sound internal controls over the City’s cash and securities assets. Performs cash management analysis and prepares cash flow projections, advises the City’s investment advisor(s) on funds available for investment and manages the City’s banking relationships. Works with substantial independent authority, managing programs and functions that have a City-wide financial impact, and are subject to review by periodic internal and external audits.

The job manages the Finance Department and may manage the Utility Billing Department. This is an appointed position responsible to the Mayor and City Council.

The Chief Financial Officer/City Treasurer requires a Bachelor’s Degree in Public Administration, Accounting, or Financial Management and a Master’s Degree is preferred; Knowledge of Governmental Accounting Standards is required. A minimum of five years’ experience in public administration, municipal finance, or a related field with senior level management and employee supervisory experience is required. Certified Public Accountant and/or Certified Government Financial Manager certification is required.

The job requires attention to detail, the demonstrated ability to conduct detailed financial analysis and prepare periodic financial reports and projections, an attitude of cooperation, and the ability to work harmoniously with all levels of City employees, the general public and other organizations.

The work is conducted in a general office environment with stable temperatures and a moderate level of noise.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Plans, directs, and executes the financial operations of the City, including but not limited to, accounting, treasury, utility billing, payroll administration, accounts receivable and payable, grant management, cash balances, financial reconciliations, financial reporting, internal controls, and external audits.
• Ensures the City is compliant in all financial operations and transactions with generally accepted accounting principles and professional standards, including Governmental Accounting Standards.
• Supervises operations and employees of the City Finance Department.
• May supervise operations and employees of the Utility Billing Department.
• Coordinates financial operations of the departments within the City and with outside agencies.
• Develops annual City budget, including revenue projections, payroll projections, and department funding requests. Prepares budget recommendation(s) for City Council consideration. Administers public hearing and advertising requirements.
• Implements annual budget as approved by City Council. Monitors spending for budget compliance, meeting with department heads as needed to make adjustments. Prepares and presents periodic budget and financial reports, projections, and analysis to Mayor and City Council.
• Plans, directs, and participates in annual service level review of City departments.
• Performs financial analysis of proposed projects, union contracts, and citizen and/or City Council proposals.
• Assesses and implements financial systems. Assigns projects and program areas of responsibility.
• Coordinates annual City audit.
• Assesses, monitors, and changes, as needed, Department workload, processes, and internal controls.
• Coordinates and executes bond debt transactions and reporting. Researches and recommends new debt issuances and debt refinancing.
• Directs investment of City, and Police Retirement Pension Plan.
• Hires, trains, schedules, and evaluates employees, including disciplinary actions and terminations.
• Represents the City to community groups and agencies. Represents the City by serving on committees, professional organizations, and related interest groups.
• Performs other duties as assigned. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this position at any time.

ACCEPTABLE EXPERIENCE, TRAINING, LICENSES AND/OR CERTIFICATIONS

• Bachelor’s Degree in Public Administration, Accounting, Financial Management is required and a Master’s Degree is preferred;
• Certified Public Accountant or Certified Government Financial Manager is required;
• Five (5) years’ experience in public administration, municipal finance, or a related field with senior level management and employee supervisory experience is required;
• An equivalent combination of education and experience that provides the required skills, knowledge and abilities to successfully perform the essential functions of the position may be considered.