Chief Financial Officer

In order to be considered for this position an application must be completed on the City Website: https://www.governmentjobs.com/careers/durhamnc/jobs/3146163/chief-financial-officer?pagetype=jobOpportunitiesJobs

Work, Serve, Thrive. With the City of Durham
Advance in your career while making a real difference in the community you serve.

Hiring Range: $122,040.00 - $195,276.00 Annually
Work Day/Hours: M- F 8:00 - 4:30

Motivated, strategic leaders can make a difference in Durham, and make their mark, visioning and implementing innovations that shape our future.

Join one of the highest fiscally rated entities in the country. The City of Durham’s Finance Department promotes sound management and stewardship of taxpayer dollars by helping the City Council, City Manager and City departments manage their financial resources and leading risk management administration and training. If sound fiscal management is what you’re about, join our team!

Managing a city budget of $500 million and a finance department with 41 full time employees, the City of Durham Finance department is primarily responsible for enhancing the City’s financial position. The department is divided into seven divisions: the office of the director, accounting services, treasury management, billing and collections, risk management and safety, purchasing, and the print shop. For additional information you can see the FY22 Adopted Budget Book here(pgs. 161-166): https://durhamnc.gov/DocumentCenter/View/39290/FY22-Adopted-Budget-Book?bidId=

A strategic focus, passion for public service, collegial atmosphere and award-winning results combine to make the City of Durham a great place to work. It starts with management. Our council-manager form of government provides stability and professional management that enhances long-term planning and results.

Next comes strategy. Our Strategic Plan and Performance Management System Dashboard guide decision-making, work and resource allocation for staff, administration and Council. That gives administrative leaders clear direction and support to move their service areas forward.

Finally, service. Our Culture of Service Initiative focuses employees on service – to self, to co-workers and to the community. It creates a collaborative workplace where staff members feel valued, co-workers help you succeed and citizen needs are met.
The result: innovative programs and services that deliver stellar customer service and quality work, as well as national and international acclaim.

Durham is one of only 40 U.S. cities that maintains top-level AAA debt ratings from all three major rating agencies – Moody’s, Standard & Poor’s and Fitch. We’ve received top awards for performance management, engaging citizens, technology innovations, community development, our green fleet of vehicles and Park+, our parking management analysis tool.

As a Chief Financial Officer, you are responsible for serving as the director of the City Finance department as well as serving as the knowledge leader for a mission-critical function of the City that supports and/or frames all other City operations. Position applies advanced management principles with critical impact on residents and the organization. Exercise strategic and visionary thinking having long-term organization-wide application and impact; develop and implement programs critical to the City; and exercise control and supervision of multiple assigned functions and/or divisions and significant resources.

DUTIES & RESPONSABILITIES:

• Provides strategic direction and management oversight to the Finance department and functions and serves as a knowledge leader; applies advanced management principles with critical impact on citizens and the organization; exercises strategic and visionary thinking having long-term organization-wide application and impact; develops and implements programs critical to the City; and exercises control and supervision of multiple assigned functions and/or divisions and significant resources.
• Provides leadership and management direction for the department, policy formulation and analysis for the City, and support for the finance-related modules in the ERP system.

Overall responsibility for departmental programs such as:
o Biweekly payroll checks for approximately 2,450 City employees.
o Accounts Payable for approximately 78,000 invoices per year.
o Financial Reporting including CAFR, annual and quarterly financial reports, and federal, state, and other agency reports.
o Provides a centralized approach for purchasing and bid specifications and solicitations for apparatus, supplies, equipment, and materials for all departments.
o Contract compliance and disposal of surplus property.
o Treasury Management and provides cash, investment portfolio, debt management, and banking services oversight and management.
o Interlocal Tax Contract, Interlocal property tax collection contract with Durham County.
o Billing and Collections providing a centralized approach for non-utility billing and coordinates collections of delinquent accounts due the City.
o A Print Shop unit that provides a full service copy and printing shop as well as mail services.
o Risk Management & Safety that provides claim management, supports departments in occupational safety and OSHA compliance, and coordinates occupational health services.

• Directs the implementation of policy and operational goals through department divisions and programs in response to service demands, and consistent with performance and regulatory standards; establishes annual and long-range department goals including ongoing confirmation and/or recommended updating of strategic direction.
• Directs the preparation and implementation of department operating and/or capital improvement budgets; directs the monitoring expenditures and revenues; directs the researching and analysis of financial, operational, and related data; directs the preparation of financial forecasts; responds to budget requests from management and the City Council; and serves as final authority for making and approving budget and purchasing recommendations.
• Directs the preparation of, and reviews/approves complex, financial, technical and other reports, plans, and documentation; directs data collection and analysis; develops and conducts oral and written presentations to management, the City Council, boards, commissions, other governmental agencies, and community groups; ensures that work is accurate and in compliance with applicable federal, state, and local laws, regulations, codes, and/or standards.
• Coordinates with, and serves as a liaison to, the City Council, the general public, City departments, and/or external agencies; serves as the official department representative on committees, and attends meetings, workshops, and conferences; and provides consultation and subject-matter expertise to mitigate high-impact and complex issues and concerns.
• Incumbents oversee the conduct of performance evaluations, training, and hiring, discipline and termination procedures as well as directly supervise management, professional, paraprofessional and support staff.

MINIMUM REQUIREMENTS:

• Bachelor’s degree in public administration or directly related filed
• 10 years of progressively responsible related professional experience that includes significant management and supervisory experience.
• There is a residency requirement to live within the corporate city limits of Durham within 18 months of appointment to the position.