Deputy Chief Financial Officer

Deputy Chief Financial Officer
City of Durham Finance Department
 Durham, North Carolina
Job Description

The City of Durham is seeking a motivated, strategic Deputy Chief Financial Officer to join one of the highest fiscally rated entities in the country.

THE CITY

Durham occupies a prime location in the heart of North Carolina and is a nexus for learning, creativity, research, and industry. With a population of 324,833, Durham is home to Research Triangle Park and is one of the most economically competitive regions in the world. Research and development from the region’s four major universities – Duke University and North Carolina Central University located in Durham, the University of North Carolina at Chapel Hill, North Carolina State University in Raleigh – and many private and federal labs have fueled business and economic growth here for more than half a century and make the region a world leader in life sciences, information technology and clean technology. Durham has long been known for world-class medical facilities, including top-ranked Duke University Medical Center, and an industry-leading pharmaceutical sector. Durham is also a hotspot for entrepreneurs and high-tech startups, and multiple Fortune 500 companies have recently chosen to open operations here.

THE DEPARTMENT

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.

The City of Durham Finance Department is primarily responsible for enhancing the City’s financial position. With a city budget of $500 million, the Finance department has 45 full time employees. The department is divided into nine divisions: the Office of the Director, Accounting Services, Financial Reporting, Treasury Management, Billing and Collections, Risk Management and Safety, Underutilized Business Compliance, 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. The Council-Manager form of government provides stability and professional management that enhances long-term planning and results.

Next comes strategy. The 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. The 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. They’ve received top awards for performance management, engaging citizens, technology innovations, community development, their green fleet of vehicles and Park+, their parking management analysis tool.

THE POSITION

Reporting to the Chief Financial Officer, the Deputy is viewed as a knowledge leader for a mission-critical function of the City that supports and/or frames all other City operations. This position applies advanced management principles with critical impact on residents and the organization. The position provides strategic direction and management oversight to the City Departments and functions; develops and implements programs critical to the city, and exercises control and supervision of multiple assigned functions and/or divisions and significant resources.

Other duties and responsibilities include, but are not limited to:

  • Managing the implementation of internal operations for assigned divisions; planning, coordinating, administering, and evaluating programs, projects, processes, procedures, systems, standards, and/or services; integrating operations and coordinating service areas; and ensuring compliance with federal, state, and local laws, regulations, codes, and/or standards.
  • Possessing ability to plan, assign and direct subordinate personnel in a manner conducive to full performance and high morale; ability to establish and maintain effective working relationships with supervisory accounting personnel and government officials
  • Developing, implementing, and evaluating policies, procedures, strategies and goals; maintaining, updating, and ensuring procedural compliance; researching, analyzing, and making recommendations for business process improvements and cost effectiveness; and designing, administering, and evaluating department programs and services.
  • Managing and participating in the preparation of department operating and/or capital improvement budgets; monitoring expenditures and revenues; researching and analyzing financial and operational data; preparing financial forecasts; and approving and making budget and purchasing recommendations.
  • Coordinating with and serving as a liaison to the City Council, public, City departments, and/or external agencies; serving on internal and external committees; representing the department at meetings, proceedings, and conferences; providing consultation in area of expertise; and responds to high-visibility and complex issues.
  • Coordinating the preparation of, and preparing and reviewing complex, technical, financial, and other reports, plans, and documents; coordinating operations data collection and analysis; developing, making and/or approving recommendations; and reviewing the work of others to ensure accuracy and completeness.

The ideal candidate will possess a Bachelor’s Degree from an accredited college or university in Accounting, Finance, Business Administration, or directly related field and at least nine years of progressively responsible accounting, fiscal administration, and significant management and supervisory experience, preferably in a local government setting. A Master’s Degree and/or Certified North Carolina Local Government Finance Officer designation or CPA is strongly preferred.

TO APPLY

The City of Durham is partnering with POLIHIRE to find its next Deputy Chief Financial Officer. If you are interested in this opportunity, please submit a cover letter outlining your qualifications and your resume to Durham_DCFO@polihire.com. Please include only your name (Last, First) in the subject line when submitting materials.

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