Deputy Financial Officer

Deputy Financial Officer
City of Noblesville Office of Finance & Accounting
 Noblesville, Indiana
Job Description

This position will be focusing on strategic financial planning, revenue forecasting, budget development and management, financial performance reporting, and financial analysis.

Incumbent serves as the Deputy Financial Officer for the Office of Finance and Accounting, the city’s second ranking financial management professional, after the Chief Financial Officer (CFO) & Controller, responsible for assisting with all city finance duties.

Essential Job Functions:

  • Supervises and directs assigned personnel, including interviewing applicants, hiring and preparing related paperwork, planning/making work assignments, coordinating cross-training, providing corrective instruction, evaluating performance, and maintaining discipline. Trains new staff on processes and practices as needed.
  • Assists the CFO & Controller with principal financial management functions:
  • Assists in advising the Mayor on fiscal policy and financial management topics, including taxation, borrowing, investing, risk management, and allocation of funds.
  • Serves as an auxiliary liaison with the Common Council on all fiscal matters, providing support to the Finance Committee of the Common Council. Makes presentations to the Common Council and other committees on financial reports as needed.
  • Collaborates with city departments, assisting with strategic financial planning and analysis work. Executes financial management requirements and advises on financial issues, as appropriate.
  • Executes accurate and timely dissemination of financial management reports, including, but not limited to, recurring financial performance tracking reports, and budget summary reports. Operates financial systems and protects data to mitigate risk and enhance the city’s value.
  • Assists with city financial risk management, including procuring insurance and administering various self-insurance funds. Protects the city’s credit rating and serves as an auxiliary liaison with all major credit rating agencies.
  • Assists the CFO & Controller, and/or Deputy Controller, with accounting duties as specified by Indiana Code 36-4-10-5, including but not limited to:
  • Serves as the city’s primary resource on all municipal budgeting laws, regulations, and processes.
  • Executes the city’s annual budget development process and collaborates with departments to complete tasks.
  • Administers the city’s multi-year capital budget process.
  • Executes tracking and reporting of funds appropriated by the city’s fiscal body, including the encumbrance of funds in accordance with State laws regarding procurement. Serves as an auxiliary liaison with Federal and State agencies that regulate municipal finance.

Job Requirements:

  • Baccalaureate Degree in Accounting, Economics, Finance, Business, or Public Administration and a minimum of five years of related experience, or equivalent combination of education and experience. Master of Business Administration (MBA), Master of Public Administration (MPA), and/or Government Finance Officers Association’s Certified Public Finance Officer (CPFO) designation preferred.

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