Deputy Finance Director (Non-Classified)

The salary range is $142,498 - $190,851 with a performance-based merit range from $190,851 - $219,477.

The Deputy Finance Director recruitment is being facilitated by Koff & Associates.

Click HERE to view the brochure.

The ideal candidate is an experienced, innovative, and collaborative finance professional with a strategic mindset who enjoys challenges and creative solutions and has a mentorship approach to managing employees. This Deputy Finance Director will be expected to provide strength and oversight in the areas of risk, budget, debt, and investments, as well as supporting a transparent organizational culture. Effective communication and interpersonal are skills necessary to build and foster positive staff and interdepartmental relationships, as well as provide clear presentations and reports to leadership, various committees, and community groups. This position requires a forward-thinking leader with a solid track record in strategic planning, financial analysis, and risk management, while still having a hands-on and team-oriented collegial work style. The successful candidate will enjoy assisting in staff development and mentorship, and effectively managing resources and workloads. The successful candidate will have the ability to create a workplace of mutual trust and respect in a close-knit working environment.

Typical duties may include, but are not limited to, the following:

• Supervise, train, and evaluate office and field personnel; provide technical guidance and/or direction to subordinate staff; and provide leadership, guidance, and supervision to Division Managers within the Finance Department.

• Supervise the Finance Department's day-to-day operations in the accounting, purchasing, treasury, and business tax divisions, providing financial expertise and guidance to division managers; developing and ensuring efficient and effective processes; and ensuring exemplary customer service to City staff and external parties.

• Supervise the Finance Department's budget, debt, and treasury functions focusing on sound financial planning, analysis and decision making, timely and transparent financial reporting, and revenue optimization; provide financial expertise and guidance to division managers; and participate in the evaluation of debt financing strategies and proposals.

• Supervise the Finance Department's risk management division; provide financial expertise and guidance to division manager; develop comprehensive risk identification, assessment, and mitigation strategies; monitor and report on the citywide risk profile; and emphasize cross-departmental collaboration and cohesion with workers' compensation, safety, and claims functions.

• Oversee the preparation of financial statements and reports, ensuring compliance with accounting pronouncements and various mandates; and providing accurate and timely financial reports, presentations, and recommendations to support strategic decision-making.

• Oversee the preparation of the City's annual budget and capital improvement programs; develop, implement, and maintain dynamic and adaptable financial forecasting, modeling, analysis, and reporting tools that facilitate financial decision-making and reporting; monitor the regional economic landscape and variables influencing City finances and strategic planning; and assess and report on compliance with applicable financial planning and reserve policies.

• Participate in strategic planning and analysis activities, collaborating with cross-functional teams to conduct cost-benefit analyses, assess return on investment, and perform financial feasibility assessments for proposed projects, initiatives, and potential revenue-generating opportunities.

• Identify and implement opportunities for process improvements and automation within the Finance Department, leveraging inter-departmental collaboration to optimize financial operations and enhance efficiency, accuracy, timeliness, and customer service.

• Assist in the development and implementation of policies, procedures, and internal control systems to safeguard municipal assets, prevent fraud; and ensure compliance with applicable laws and regulations, including accounting pronouncements and debt covenants, the City's municipal code, state and federal laws, and various mandates.

• Assist in managing staffing levels, develop and oversee staff development programs and cross-training initiatives, and recommend succession planning strategies to ensure a skilled and adaptable workforce in the Finance Department.

• Assist in the development, implementation, and reporting on Finance Department operational goals, performance measures, and key performance indicators.

• Supervise the administration and maintenance of the City's financial management computer systems and reports.

• Prepare, present, and approve Department, City Council, Committee, and Board reports and presentations as required.

• Serve as Finance Director in the Finance Director's absence.

• Perform other duties as assigned or required.

Education: Equivalent to a Bachelor's degree from an accredited college or university with major course work in accounting, business, public administration, finance, economics, or a closely related field. Financial audit experience and designation as a Certified Public Accountant (CPA) and/or a Master's Degree in Public Administration, Business, Finance, or Accounting is highly desirable.

Experience: At least seven years of professional experience in governmental accounting, budget management, debt administration, or finance, including at least five years in a supervisory capacity.If interested, view the Deputy Finance Director brochure and visit the Koff & Associates website.

To be considered, please submit:

• Resume

• Cover Letter

• Five (5) work related references

NOTE:  Resumes should reflect years and months of positions held, as well as size of past organization(s).

The final filing date is Friday, August 16, 2024.

For additional information, please contact:

Frank Rojas

Phone: 510-495-0448

frank_rojas@ajg.com

Website:  https://koffassociates.com/

Resumes will be screened by Koff & Associates and candidates with the most relevant qualifications will be invited to interview with Koff & Associates.  Results will be reported to the City of Riverside and the City will select candidates to participate in panel interviews. Extensive reference and background checks will be completed on the selected candidate.