Agency Chief Financial Officer

Department/Agency of position: 
City of Detroit
Location of position: 
Detroit, MI
Wage/Salary: 
$106,167.00 – $139,244.00 Annually
Date Posted: 
Monday, February 4, 2019
Closing Date: 
Wednesday, March 6, 2019
Job Description: 

The Office of the Chief Financial Officer is seeking to fill Agency Chief Financial Officer (Agency CFO) position(s) within the Office of Departmental Financial Services. The Agency CFO is one of several Agency CFO positions within the City of Detroit Office of the Chief Financial Officer. Each of the Agency CFOs will oversee one agency or a cluster of agencies. The Agency CFO will report to the Deputy Chief Financial Officer for Departmental Financial Services within the Office of the Chief Financial Officer. Subordinates include a full range of managers, supervisors, professionals, and paraprofessionals. The Agency CFO will partner with City and specified agency leadership to plan, implement, manage, and control all financial-related activities of the agencies assigned. This will include direct responsibility for strategic planning, accounting, finance, forecasting, costing, purchasing, reporting, and financial resource management system usage. This will also include developing and transitioning to new policies, procedures, and operational requirements as dictated by the Chief Financial Officer.

Partner with City and agency leadership to plan, implement, manage, and control all financial-related activities of the agencies assigned. Manages subordinates engaged in a wide range of fiscal and financial management functions, including budget development and execution, accounting operations, grants management, contracting and procurement, and financial management support. Subordinates include a full range of managers, supervisors, professionals, and paraprofessionals.

Provides leadership in the development of and continuous evaluation of short, medium, and long-term strategic financial objectives. Directs and oversees all aspects of the finance and accounting functions of agencies assigned. Oversees the supervision of agency financial staff including a combination of professional, technical, administrative, and clerical positions. Ensures credibility of the Office of the Chief Financial Officer by providing timely and accurate analysis of budgets, financial trends, forecasts, financial data, and internal controls. Evaluates and advises on the impact of long range planning, introduction of new programs/ strategies, and regulatory action. Plans, operates, develops, supervises, and monitors operating and capital budgets, grants management, and financial management programs for assigned agencies. Monitors reviews assigned agencies' Plan of Adjustment to determine compliance with spending projections and other financial related issues and assesses the achievement of Plan of Adjustment goals and objectives. Assists Office of Budget with preparation of the annual and triennial budget. Tracks budget to actual spending on a monthly, quarterly, and annual basis. Develops monthly and quarterly financial analyses, variances, and forecasts. Intercedes as necessary in complex issues and maintains awareness of all ongoing assignments. Develops and revises financial and fiscal policies, plans, procedures, goals, and systems that may be required. Determines any modifications that may be required to budgets. Keeps officials and staff members informed of new financial systems design and improvements that are developed and required. Serves as key financial and fiscal representative of the assigned agencies. Reviews the operating budget proposals and prepares recommendations. Examines and reports work progress on the budget and grants management program accomplishments. Prepares recurring and special reports of a budgetary, financial, or analytical nature as required or requested by the Deputy CFO or other executive officials. Reviews the proposed capital budget and works closely with the staff of the assigned agencies in order to remain informed as to the plans, cost estimates, and schedules of the capital projects. Adjusts plans and programs to meet emerging or new programs, while continuing to address major agency priorities. Monitors the efficiency and effectiveness of the agencies organization structure, staff assignments, service levels, and administrative systems. Attends meetings with top-level officials to advise on policies and procedures that have budget and grant management implications, such as budget formulation. Resolves work problems presented by subordinate staff. Collaborates with other units to negotiate, decide on, and/or coordinate work-related changes. Evaluates subordinate staff and where there are subordinate supervisors, reviews the evaluations prepared for their respective staff members. Selects nonsupervisory positions and recommends selections for supervisory positions. Hears grievances and serious employee complaints, reviews disciplinary cases proposing suspensions and removals, and disciplinary problems involving key employees. Works with the Chief Learning Officer on the design and implementation of learning and staff development strategies. Participates in the decisions on long-range planning, periodic, and comprehensive evaluation of program goals and objectives. Participates in the decision-making process regarding issues that affect economy of operations.