Finance Director

3 days ago


Edmonds, Washington, United States City of Edmonds, WA Full time
About the Position

The City of Edmonds is seeking a highly skilled and experienced Finance Director to lead the Finance Department in achieving its goals and objectives. The successful candidate will be responsible for planning, organizing, directing, and managing all activities of the Finance Department in accordance with state law, federal law, and the City of Edmonds Municipal Code.

Key Responsibilities
  • Develops, implements, and operates processes and systems to facilitate the effective operation of the accounting, budget development and management, finance, investment, payroll, utility billing, purchasing, financial reporting, Chief Financial Officer, and City Treasurer functions.
  • Coordinates and guides city-wide strategic processes based on present and future service demands, including budget development, investment management, financial analysis and reporting, revenue forecasting, multi-year financial planning, and the collection of special assessments and service charges.
  • Manages the workflow and prioritization of projects and measures the performance of the department and all related staff, taking 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 area of assignment, incorporates new developments as appropriate, and ensures processes, policies, and practices are interpreted and applied consistently and effectively.
  • 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 related field and seven years of professional-level experience in governmental accounting operations, programs, and services that includes four years of staff supervisory, budgetary, and management responsibility for a department or major division within a department; OR an equivalent combination of education, training, and experience.
  • Master's Degree Preferred.
  • A criminal background check is required following a verbal offer of employment. Criminal history is not an automatic employment disqualifier. Results are reviewed on a case-by-case basis.
  • A consumer credit check is required following a verbal offer of employment due to this position's access to City financial data/information. Negative credit history is not an automatic employment disqualifier. Results are reviewed on a case-by-case basis.
  • A Valid WA State Driver's License and a five-year driving abstract acceptable to the City's insurance requirements is required for any position that will drive for City business. Certified Public Accountant (CPA) license or Certified Professional Finance Officer (CPFO) preferred.

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