Position 3

Susan Iverson, Finance & Accounting Manager, City of Red Wing, Minnesota

Photo of Susan Iverson

GFOA Activities

  • GFOA Member for sixteen years
  • Member of GFOA's Treasury and Investment Management Committee (Investment Subcommittee Chair); member of GFOA's Committee on Auditing, Accounting, and Financial Reporting
  • Member of GFOA's Women's Public Finance Network and Strategic Planning Committee; served as the co-chair of the Mentorship Subcommittee for the past two years; current mentor
  • Reviewer for GFOA's Awards Programs (Budget, COA, PAFR); created a video about the PAFR for GFOA's 2017 Annual Conference in Denver
  • Presenter for PAFR Fellowship Program
  • Past conference and training presenter on the following topics: Annual Financial Report/GASB; Long-term Forecasting; Personnel & Benefits; and Treasury & Investments
  • Speaker at the Public Pension Financial Forum (P2F2) on behalf of GFOA's Distinguished Budget Presentation Awards Program
  • Author of articles for Fiscal First Aid Quick References, Government Finance Review, and Treasury Management Newsletter
  • Past mentor to Annual Conference first-time attendees
  • Her government has received the Certificate of Achievement for Excellence in Financial Reporting for twelve years; recipient of the Triple Crown while working at Arden Hills

Contributions to the Profession/Jurisdiction

  • Currently serves as department head for the City of Red Wing; provide support to business administration director, council administrator, and various city departments; represent the city at various meetings; interact with outside consultants on a regular basis
  • Coordinate city-wide budgeting process and prepare budget for council approval; manage cash flows and investments; prepare financial statement (AFR); administer TIF districts; work with city consultant on bond issues
  • Coordinate annual audit, file annual reports; participate in annual strategic planning process with other department heads and council, develop and maintain long-term forecasting, and manage reporting for component units
  • Testified before the Minnesota State Legislature
  • Served on the Minnesota GFOA Executive Board; chaired the State conference two times; chaired the Education Committee for two years; head of several task forces
  • Member of the following groups: The Fire Service Advisory Committee authorized by the State Legislature (also served on the grant creation committee); The State Auditor's Task Force on TIF; The State Auditor's Working Group on Volunteer Fire Relief Pensions; Metro Cities Fiscal Disparities Subcommittee; Metro Cities and LMC Revenue and Fiscal policy committees; League of Minnesota Cities (served on policy committees and Nominating Committee); Student Auditing Conference board
  • Ex-officio of Fire Relief Associations: Lake Elmo, Mahtomedi, New Germany, NYA
  • Instructor for Beginning, Intermediate, and Advanced Governmental Accounting courses for the Minnesota GFOA
  • Adjunct Faculty for the Minneapolis Community and Technical College and serves on the Accounting Advisory Committee; adjunct faculty for the Masters in Urban Regional Studies Program at Minnesota State University
  • Past speaker for Springbrook Software webinars
  • Served as treasurer for Arden Hills Foundation and church Finance Committee
  • Recipient of the Thomas J. Moran Award given by the Minnesota GFOA in recognition of extraordinary service to advance the quality of public financial administration
  • Certifications include: Certified Municipal Clerk; Minnesota Certified Municipal Clerk; Teacher Licensure Accounting; Human Resource Administration; Economic Development; Dispute Resolution

Goals for GFOA

  • Education – GFOA should continually take leadership in promoting fiscal policies and practices to ensure sound management of public resources
  • Training – Technology is new and evolving. We need to stay in the forefront to help GFOA members stay connected
  • Recruitment – Attract new Accounting and Finance students as they will be the future of GFOA


Hamline University — Candidate Doctorate — Public Administration

Keller Graduate School of Management, DeVry University, Master of Science — Accounting & Financial Management

Metropolitan State University, Master of Arts — Public and Non-Profit Administration

Metropolitan State University, Bachelor of Science — Accounting

Alexandria Technical College, Associate of Applied Science — Accounting