Finance Director

2 weeks ago


Edmonds, Washington, United States CITY OF EDMONDS Full time
About the Position

The Finance Director plays a critical role in the City of Edmonds, overseeing the financial operations and ensuring the effective management of the city's finances. This position is responsible for developing, implementing, and managing financial policies, procedures, and systems to ensure compliance with state and federal regulations.

Key Responsibilities
  • Directs the Finance Department's operations to maintain effective and efficient programs, ensuring compliance with Federal, State, and local regulations, policies, and procedures.
  • Plans, directs, coordinates, monitors, and reviews the work of assigned staff, ensuring that services and work products meet quality and safety standards.
  • Creates an effective environment that fosters employee success, reviews and evaluates work, and makes effective suggestions and recommendations.
  • Manages the workflow and prioritization of projects, measures the performance of the department and all related staff, and takes appropriate steps to correct program or personnel areas of deficiency when necessary.
  • Develops, administers, maintains, and oversees the budget using a collaborative approach with all stakeholders, including the annual or bi-annual budget, outside funding, revenues, and assists with the Capital Improvement Program and Capital Facilities Program.
  • Makes recommendations and forecasts for future funds needed for staffing, equipment, materials, and supplies, recommends efficiencies to keep costs within established financial guidelines, and approves Departmental expenditures and implements adjustments.
  • Attends and participates in professional group meetings, maintaining awareness of new trends, best practices, and developments in the fields related to the area of assignment, and incorporates new developments as appropriate.
  • Assures the adequacy and soundness of the City's financial structure, reviews and approves purchases for all aspects of a municipal Finance Department, which also includes payroll, accounts payable, accounts receivable, and internal controls.
  • Manages all elements of the long-term debt issuance processes for the City, manages the development of the City's Annual Comprehensive Financial Report (ACFR), and manages the annual audits performed by the State Auditor's office.
  • Manages the City's cash and investment portfolio in a manner that complies with the adopted policies addressing safety, liquidity, and return.
  • Provides technical expertise, information, and assistance, and prepares and maintains a variety of narratives and statistical routine and non-routine reports for the Mayor and Council regarding assigned functions.
  • Conducts financial analysis and assists as needed in the formation and development of fiscal and other financial-related policies, procedures, and programs.
  • Provides advice, guidance, and direction to carry out major plans, projects, and procedures consistent with established policies, ordinances, and laws.
  • Communicates proactively with other Directors, city staff, Council, and outside organizations to coordinate activities and programs, resolve issues and conflicts, and exchange information.
  • At the direction of the Mayor, works with Council to provide thorough information, analysis, pros/cons, consequences, options, and recommendations for Council on specific topics.
Requirements
  • Bachelor's Degree in Accounting, Finance, Business Administration, or a related field, and seven years of professional-level experience in governmental accounting operations, programs, and services, including four years of staff supervisory, budgetary, and management responsibility for a department or major division within a department.
  • Master's Degree preferred.
  • A valid WA State Driver's License and a five-year driving abstract acceptable to the City's insurance requirements.
  • Certified Public Accountant (CPA) license or Certified Professional Finance Officer (CPFO) preferred.

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