Chief Financial Officer

$117,728 - $188,302/Yr

City Of Delray Beach - Delray Beach, FL

posted 2 months ago

Full-time - Senior
Delray Beach, FL
Chemical Manufacturing

About the position

The Chief Financial Officer (CFO) position at the City of Delray Beach is a highly responsible administrative role that directs the Finance Department. The CFO is tasked with planning, directing, and coordinating activities related to accounting, investments, fiscal reporting, debt management, treasury functions, including cash management and utility billing. This position operates under the administrative direction of the City Manager and plays a crucial role in the financial health and strategic planning of the city. In this role, the CFO will develop and implement departmental goals, objectives, and policies in compliance with applicable laws and standards. The CFO will also analyze the city’s fiscal policies, interpret financial data, and formulate recommendations for action by the City Manager and the City Commission. As a financial advisor, the CFO will supervise and manage the operations of the Finance Department, which includes accounting, purchasing, treasury management, and pension management. The CFO will be responsible for advising city officials and staff on fiscal policies that affect tax rates, fee schedules, and other revenue sources for the operating budget. Additionally, the CFO will manage the investment of city funds, direct the preparation of the City’s Long-Range Financial Plan, and review and approve various financial materials. The role also involves attending and participating in administrative meetings, directing the Capital Improvement Program, and preparing special reports and management studies. Fostering positive employee relations and morale across the city is also a key responsibility of the CFO.

Responsibilities

  • Develop and implement goals, objectives, and policies for the Finance Department in compliance with the law.
  • Plan, organize, evaluate, and direct departmental policies, programs, financial operations, and management controls.
  • Analyze City fiscal policies; interpret data; formulate recommendations for action by the City Manager and the City Commission.
  • Serve as financial advisor to the City Commission and City Manager.
  • Supervise, direct, and manage the operations of the Finance Department including accounting, purchasing, treasury management, and pension.
  • Advise city officials and staff in fiscal policies affecting tax rates, fee schedules, and other sources of revenue to the operating budget.
  • Manage the investment of city funds in accordance with applicable laws, standards, and practices.
  • Direct the preparation of the City's Long-Range Financial Plan.
  • Review and approve financial materials, such as checks, pay requests, memorandums, payroll time sheets, etc.
  • Review financial data, such as bond documents, monthly financial reports, risk management reports, actuarial reports, and funding requests.
  • Attend and participate in administrative meetings, such as agenda preparation, staff, Senior Management, Commission, pension board, etc.
  • Direct the Capital Improvement Program including analysis, review, preparation of reports, meetings, etc.
  • Prepare special reports, analysis, and management studies.
  • Prepare and review general correspondence.
  • Foster positive employee relations and employee morale on a City-wide basis.

Requirements

  • Graduation from an accredited four-year college or university with a Bachelor's Degree in Accounting, Business, or Financial Management.
  • Five (5) years' experience as a government Finance Director or Assistant Finance Director.
  • Must be able to be bonded.
  • Prefer CGFO, CPFO, or certification as a Public Accountant.
  • Knowledge of governmental accounting principles.
  • Knowledge of modern management principles and practices.
  • Knowledge of computer systems pertaining to accounting and financial management.
  • Knowledge of budgeting and financial reporting systems.
  • Knowledge of pension plans (defined benefit, defined contribution) to include investments, benefits, funding, reporting, etc.
  • Ability to lead and motivate a department.
  • Ability to communicate effectively orally and in writing.
  • Ability to analyze financial data and discern underlying management problems.
  • Ability to exercise good judgment in financial management.
  • Skill in making public presentations.
  • Skill in developing employees and holding them accountable.
  • Skill in use of PCs for analysis and report development.
  • Ability to manage and prioritize routine, specialized, and complex assignments and problems utilizing knowledge acquired through prior education, training, and experience.
  • Ability to adapt to an evolving and continually improving environment.

Nice-to-haves

  • Certification as a Government Finance Officer (CGFO) or Certified Public Finance Officer (CPFO).

Benefits

  • Health insurance coverage.
  • Paid holidays and vacation time.
  • Retirement savings plan options.
  • Professional development opportunities.
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