Deputy Treasurer-Chief Financial Officer

Deputy Treasurer-Chief Financial Officer
County of Wayne Office of the Treasurer
 Detroit, Michigan
Job Description

The Deputy Treasurer /CFO serves as the Executive Manager of the county cash and investment portfolio, ensures compliance of the office with property tax statutes and bond covenants, and provides executive oversight for the accounting and distribution of current and delinquent tax dollars. Additionally, this position has the responsibility for overseeing the completion of and compliance with the Wayne County Treasurer's annual budget, and is responsible for purchasing decisions. The Deputy Treasurer reports to the Wayne County Treasurer and to the Chief Deputy Treasurer.

Tasks

Property Taxes:

  • Serves as the Executive Manager of the Tax Accounting and Tax Adjustment Units.
  • Maintains current knowledge of General Property Tax Act including all statutes and related laws governing current and delinquent property tax collection and distribution, special act tax rolls, TIFA/DDA/Brownfield districts, the delinquent tax revolving fund program, forfeiture/foreclosure operations and property auctions.
  • Ensures all local municipal treasurers are in compliance with statutory requirements of the General Property Tax Act.
  • Monitoring compliance with special act tax rolls and TIFA/DDA/Brownfield regulations.
  • Advising local treasurers when out of compliance
  • Enforcing corrective action.
  • Oversees the yearly Delinquent Revolving Fund Program process.
  • Developing forecasts of projected borrowing needs.
  • Ensuring all municipalities are in statutory compliance.
  • Resolving compliance issues.
  • Serves as main informational contact for bankers and underwriters for note issuance. Follow up that proper distributions made to external taxing authorities and internal county entities.
  • Oversees all accounting and financial reporting for current and delinquent property taxes and forfeiture/foreclosure activities.
  • Provides regular analysis and reporting, internally to County Treasurer and Deputies, as well as other county departments, banks, financial institutions and external auditors.
  • Works with State of Michigan Treasury Department and Department of Education regarding property tax matters
  • Collaborates with Wayne County Corporation Counsel and other county departments on property tax matters

Budget:

  • Develops forecast models for current and delinquent tax revenues for use in county-wide and WCTO budgets.
  • Monitors and coordinates activities to ensure compliance with budget
  • Works extensively with assigned budget analysis from Management and Budget
  • Reports to and advises Wayne County Treasurer and other Wayne County Deputies of budget activity

Treasury and Cash Management:

  • Serves as Executive Manager for the Cash Accounting and Cashiering section
  • Serves as a signer on all Wayne County Bank Accounts
  • Serves as primary back-up to the Assistant Deputy Treasurer/Investments which includes:
  • Understanding the make-up of the various investment portfolios
  • Analyzing and monitoring portfolios and making decision regarding funding needs
  • Initiating off-line wires and ACH payments
  • Releasing off-line wires and ACH payments
  • Transferring money between Wayne County bank accounts
  • Recording transfers in RESIQ2, the WCTO cash management software

Other:

  • Developing, implementing, and evaluating policies, procedures; maintaining, updating, and ensuring procedural compliance.
  • Reports weekly to Treasurer on important outstanding issues
  • Attends Wayne County Commission meetings and other meetings as required
  • Perform other related duties as assigned that are consistent with this classification

ELIGIBLE PERSONS:

At the time of application, eligible persons must have:

Education

  • A Bachelor's Degree with an emphasis in Accounting, Finance or Public Administration, Business Administration, or a closely related field is required, with a Master's degree preferred. 

Experience

  • A CPA is preferred.
  • A minimum of seven (7) years of experience in a governmental tax management/accounting function; AND
  • A minimum of five (5) years of supervisory experience

Equal Opportunity Employer:

Wayne County provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including but not limited to: recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

For information regarding the Department of Justice - EEO Utilization Report, please visit https://www.waynecounty.com/departments/phr/legal-postings.aspx.

Accommodations:

If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Wayne County Department of Personnel/Human Resources at 313-224-5901 or via email at hrexam@waynecounty.com. Hearing or speech impaired persons using TDD's or similar devices may contact the Michigan Relay Center, toll free at (800) 649-3777 or 711 to communicate directly with the Department of Personnel/Human Resources during regular working hours.

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