City Treasurer

City Treasurer
City of Tacoma
 Tacoma, Washington
Job Description

Located at the foot of majestic Mount Rainier and along the shores of Commencement Bay, the City of Tacoma, Washington, (pop. 217,000), is a vibrant community that offers countless cultural and educational opportunities. The nearby Cascade and Olympic mountain ranges, the waters of the scenic Puget Sound, and the city’s many parks, including the 702-acre Point Defiance Park, offer a wealth of outdoor recreation opportunities. Tacoma is centrally located just 32 miles south of Seattle and 31 miles north of the state capital, Olympia. With its affordable housing and distinctive neighborhoods, the city has been named one of the nation’s Most Livable Communities.

The City of Tacoma operates under a Council-Manager form of government, and currently has approximately 3,500 FTEs and a total 2021-2022 biennial budget of $3.6 billion. The Finance Department is composed of seven divisions/offices – Accounting Services, Utilities Accounting, Procurement & Payables, Office of Management & Budget, Office of Risk Management, Tax & License and the City Treasurer’s Office. The Finance Department has approximately 95 FTEs. The Treasury and Payroll division has approximately 12 full time employees, including a manager, who reports to the City Treasurer.

Under the direction of the Finance Director and Assistant Finance Director/Controller, the City Treasurer has four main functional responsibilities:

  1. Manage the City’s cash and investment portfolio of approximately $1 billion.
  2. Manage the City’s debt portfolio of approximately $870 million in utility debt and $590 million in general government debt.
  3. Provide treasury functions for all City departments.
  4. Oversees the City’s biweekly payroll to 3,500+ employees.\

Candidates must have a bachelor’s degree in Business Administration, Accounting, Finance, Economics, or a related field; at least 5 years of high-level treasury or finance management related positions, preferably in government finance; experience managing a diverse group of staff; direct experience issuing a variety of types of debt, analyzing and structuring debt refundings; and direct experience managing investments in a large portfolio and managing treasury services for a complex organization. A master’s degree in a related field is preferred. Any equivalent combination of education, training and experience that demonstrates the knowledge, skills, abilities, and the critical thinking necessary to perform the job at the highest level may be considered.

For a complete position profile/full job description and to apply online, visit Prothman at https://www.prothman.com/, click on "Open Recruitments" and then click the position title. To apply, click on "Apply Online" and follow the directions provided. For questions, call 206-368-0050. The City of Tacoma is an Equal Opportunity Employer. First review of applications: August 8, 2021 (open until filled).

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