Deputy Finance Director (Non-Classified)

$142,498 - $219,477/Yr

City Of Riverside Ca - Riverside, CA

Full-time - Mid Level

Riverside, CA

About the position

The Deputy Finance Director position for the City of Riverside, CA, is a full-time role that offers a competitive salary range of $142,498 to $190,851, with a performance-based merit range extending up to $219,477. This position is designed for an experienced finance professional who possesses a strategic mindset and is adept at navigating challenges with innovative solutions. The ideal candidate will have a collaborative approach to leadership, emphasizing mentorship and staff development within the Finance Department. The Deputy Finance Director will play a crucial role in overseeing various financial operations, including risk management, budgeting, debt administration, and investment strategies, while fostering a transparent organizational culture. In this role, the Deputy Finance Director will be responsible for supervising the day-to-day operations of the Finance Department, which encompasses accounting, purchasing, treasury, and business tax divisions. The successful candidate will provide technical guidance and leadership to division managers, ensuring efficient processes and exemplary customer service. Additionally, the Deputy Finance Director will oversee the preparation of financial statements and reports, ensuring compliance with accounting standards and mandates, and will participate in strategic planning and analysis activities to support the City’s financial decision-making. The position requires a forward-thinking leader with a solid track record in financial analysis and risk management, who can effectively manage resources and workloads while creating a workplace built on mutual trust and respect. The Deputy Finance Director will also assist in developing and implementing policies and procedures to safeguard municipal assets and ensure compliance with applicable laws and regulations. This role is pivotal in shaping the financial future of the City of Riverside and requires a candidate who is not only skilled in finance but also passionate about public service and community engagement.

Responsibilities

• Supervise, train, and evaluate office and field personnel; provide technical guidance and/or direction to subordinate staff.
• Provide leadership, guidance, and supervision to Division Managers within the Finance Department.
• Supervise the Finance Department's day-to-day operations in accounting, purchasing, treasury, and business tax divisions.
• Provide financial expertise and guidance to division managers; develop and ensure efficient and effective processes.
• Ensure exemplary customer service to City staff and external parties.
• Supervise the Finance Department's budget, debt, and treasury functions focusing on sound financial planning, analysis, and decision making.
• Participate in the evaluation of debt financing strategies and proposals.
• Supervise the Finance Department's risk management division; develop comprehensive risk identification, assessment, and mitigation strategies.
• Monitor and report on the citywide risk profile; emphasize cross-departmental collaboration.
• Oversee the preparation of financial statements and reports, ensuring compliance with accounting pronouncements and various mandates.
• Provide accurate and timely financial reports, presentations, and recommendations to support strategic decision-making.
• Oversee the preparation of the City's annual budget and capital improvement programs.
• Develop, implement, and maintain dynamic financial forecasting, modeling, analysis, and reporting tools.
• Monitor the regional economic landscape and variables influencing City finances and strategic planning.
• Participate in strategic planning and analysis activities, collaborating with cross-functional teams.
• Identify and implement opportunities for process improvements and automation within the Finance Department.
• Assist in the development and implementation of policies, procedures, and internal control systems.
• Assist in managing staffing levels, develop and oversee staff development programs and cross-training initiatives.
• Prepare, present, and approve Department, City Council, Committee, and Board reports and presentations as required.
• Serve as Finance Director in the Finance Director's absence.

Requirements

• Equivalent to a Bachelor's degree from an accredited college or university with major course work in accounting, business, public administration, finance, economics, or a closely related field.
• At least seven years of professional experience in governmental accounting, budget management, debt administration, or finance.
• At least five years in a supervisory capacity.
• Financial audit experience and designation as a Certified Public Accountant (CPA) is highly desirable.
• Master's Degree in Public Administration, Business, Finance, or Accounting is highly desirable.

Nice-to-haves

• Experience in public sector finance management.
• Strong analytical and problem-solving skills.
• Ability to communicate complex financial information clearly and effectively.
• Experience with financial management computer systems.