Assistant Director of Finance Operations

Assistant Director of Finance Operations
City of Cedar Rapids Finance Department
 Cedar Rapids, Iowa
Job Description

The City of Cedar Rapids is searching for a highly skilled and motivated professional to join our Finance team as the new Assistant Director of Finance Operations. In this essential leadership role, you will be responsible for overseeing and optimizing financial processes, ensuring compliance, and contributing to strategic financial planning.

The ideal candidate will possess a strong financial background, excellent analytical abilities, and effective communication skills. Join the City of Cedar Rapids in driving financial excellence and contributing to the overall success of our City. Apply now and be a part of an innovative and collaborative finance team.

At the City, we are committed to employing individuals who reflect our community’s diverse backgrounds and this position is crucial in the success and strategic direction of a growing and evolving community. We appreciate and leverage the vast experience individuals bring beyond the technical requirements of a job. If you are an individual with similar experience listed here please consider applying. Experience and skills combined with commitment to our core values is key to building a greater community now and for the next generation.

About our Community:

Nestled in the heart of Iowa, Cedar Rapids is our vibrant and diverse community known for its rich history, culture, and natural beauty. Our city has a strong sense of community which can be seen at any of our numerous parks, recreational opportunities, and family-friendly events year-round. You can also explore our thriving downtown district, filled with shops, restaurants, and entertainment options, or take a stroll along the Cedar River, which runs through the heart of the city. Cedar Rapids - Why you should live here!

About this Opportunity:

Provides operational direction, oversight, and strategic guidance to the Accounts Payable, Purchasing Services, Treasury, and Payroll divisions of Finance.

Essential Job Duties:

  • Manages and coordinates the operations of accounts payable, accounts receivable, purchasing, treasury, and payroll.
  • Leads the development and monitoring of operational and system processes.
  • Ensures project, reporting, and processing deadlines are met through effective planning and proactive monitoring of deliverables and schedules.
  • Supervises the work of assigned personnel, including assigning and reviewing work, providing guidance, and conducting performance evaluations.
  • Oversees the financial system and payroll system implementation, including creating requests for proposals, evaluating proposals, developing the implementation timeline, and implementing the financial and payroll system.
  • Ensures integrity of system software and financial data. Designs and implements internal controls that detect and prevent errors.
  • Oversees the City’s debt program including coordination of annual bond issuances, budgeting and accounting for debt.
  • Manages the financial resources of the City by meeting obligations and achieving the goals of safety, liquidity and reasonable return.
  • Provides guidance in the use of Tax Increment Financing to fund Urban Renewal projects and adheres to rules and regulations in the authorization of funding, maintenance of cash flows, certification of debt and preparation of required financial reporting.
  • Oversees development of the overall strategic purchasing plan and citywide purchasing polices and procedures.
  • Reviews and authorizes financial transactions while adhering to City policies, the City’s municipal code, the State of Iowa code, and all other laws and regulations.
  • Creates and implements management reports.
  • Performs related work as required.

Required Education and Experience:

  • Bachelor’s degree from an accredited college or university in Finance, Business, Accounting, or a related field and
  • Five (5) to seven (7) years of experience leading two or more of the functions of financial operations in a large organization or
  • An equivalent combination of education and/or experience
  • Excellent written, verbal, and interpersonal communication skills
  • Proficiency with Microsoft Office
  • Ability to work collaboratively with a diverse population

Required Licenses or Certifications:

  • None

Desired Qualifications:

  • Public sector finance experience in investment management, debt/bond issuance.
  • Strong people management and organizational skills.

Additional Information

Work Schedule:

  • Monday- Friday 7:30am - 4:30pm
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