Chief Financial Officer

Chief Financial Officer
City of Altamonte Springs
 Altamonte Springs, Florida
Job Description

An Exceptional Professional Opportunity

Altamonte Springs is a city born of innovation, fiscal responsibility, and progressive ideas. City leadership, staff, residents, and local businesses share a vision of making Altamonte Springs the best place in Florida to live, work, raise a family, earn a degree, seek medical care, build a business and more. Few locations in the state offer the robust services Altamonte Springs provides at such a low cost. The City has a perfect blend of community spirit and bustling activities that help create a wholesome environment for residents and visitors alike. Residential tree-lined streets and beautiful parks reflect the charm and unique character of the place 46,000 people call home. Not to mention, the City’s robust events program is the most exciting in the region; generously funded by the community. Hosting more than one million visitors each year, Altamonte Springs’ programs generate excitement and entertainment while enriching its diverse social fabric.

With forward-thinking projects and proactive innovations, Altamonte Springs has set an example for other municipalities around the country by working beyond the typical constraints of local government. From water conservation and reclamation to inter-city transit pilots, the City has created multiple solutions, resources, and alternatives to the region’s challenges. Through enhancing and building creative programs for evolving needs at the local level, the City has established a large regional, national, and international footprint with projects that expand beyond its boundaries.

The City of Altamonte Springs provides a full range of service including police protection, sanitation, road maintenance, water and sewer operations, parks and recreation, planning and community development and inherent support activities. The City uses a Commission-Manager form of government. The Commission enacts legislation, adopts budgets, determines policies, and appoints the City Manager who executes the laws and administers the government of the City. Citizen advisory boards and committees add to the governing process. The four City Commissioners are elected for staggered two-year terms and the Mayor is elected for a three-year term. The City Manager serves at the pleasure of the City Commission and is the City’s chief executive officer. The City Manager is responsible for all operations of the City. The Altamonte Springs FY 2021 Budget is $84.8 million with an anticipated fund balance of $39.7 million. The City employs approximately 430 full-time equivalents (FTEs).

The City of Altamonte Springs is in excellent financial condition with no external debt. As of September 30, 2020, the City had total assets of $352.6 million and a net position of $324.6 million. Liabilities included a net pension liability of $2.6 million.

The City’s credit position is very good and its Aa2 rating is slightly higher than the median rating of Aa3 for cities nationwide. Notable credit factors include a robust financial position, small debt burden and moderate pension liability. The rating also reflects a sizable tax base and adequate wealth and income profile.

Please visit Altamonte Springs at www.altamonte.org for more information about this award-winning City.

Chief Financial Officer

The Chief Financial Officer (CFO) is appointed by and serves at the pleasure of the City Manager. The position involves highly responsible administrative work in planning and directing the financial activities of the City. The CFO has senior executive level responsibility leading, directing, and supervising the City’s financial operations. The CFO exercises an extensive degree of originality, initiative, ingenuity, judgment, and professional financial management in formulating the City’s financial policy and in providing senior City management with reliable information for making long and short-term policy decisions. General direction is received from the City Manager who holds the incumbent responsible for the effective management of City financial activities and for the professional management of the Finance Department.

In Altamonte Springs, the Finance Department employs 21 FTEs in the following divisions: Accounting, Revenue Collection, Procurement and Risk Management. Emphasis of the work is on directing and formulating City financial policy, directing the preparation of the annual City budget and City Comprehensive Annual Financial Report, directing the purchasing functions for the City, and directing the City’s Risk Management programs.

Minimum Requirements

  • Bachelor’s Degree from an accredited college or university in Accounting, Business, or related field
  • At least eight (8) years of professional experience in accounting at the local level, to include four (4) years supervisory experience at a senior management level; or an equivalent combination of training, education, and experience
  • A valid driver’s license (Must obtain a Florida driver’s license within thirty (30) days of employment)
  • At least five (5) years of recent experience in Florida

Preferable Qualifications

  • Master’s Degree in Accounting, Business, or related field
  • Certified Public Accounting Certification
  • Certified Government Finance Officer Certification

For more information about the City of Altamonte Springs including the characteristics sought in ideal candidates, please visit www.slavinweb.com and obtain a comprehensive recruitment profile.

Compensation and Benefits

The approximate current salary range is $96,000 to $150,000. Beginning salary is negotiable. The City expects to provide a highly competitive pay and benefit package. Benefits include participation in a defined benefit retirement plan or defined contribution pension plan, health insurance (City paid employee coverage), FICA, life Insurance, paid annual leave, an executive investment pension plan and paid administrative leave.

How to Apply
The position will remain open until filled. Resumes are evaluated as they are received, and the process will move forward upon receipt of a sufficient number of well-qualified responses. If interested in this outstanding opportunity, please immediately email a detailed resume with a cover letter and salary expectations to: Robert E. Slavin or Barbara Lipscomb at slavin@bellsouth.net.

Note: Under Florida Law, resumes are public documents and must be provided to the media upon request. Please call prior to submitting your resume if confidentiality is important to you. Phone: (770) 449-4656.

Altamonte Springs, Florida is an Equal Opportunity Employer and does not discriminate based on race, color, religion, creed, sex, age, marital status, national origin, or disability in employment or in the provision of service.