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City of Takoma Park logo

City of Takoma Park

Finance Director

  • Takoma Park, Maryland, United States
  • Onsite
  • Posted 11d ago
  • Full-time

Salary

$137K - $177K

Listed in the posting

Pays more than 23% of 23,533 six-figure listings in USD.

This job
$137k–$177k
Typical
$195k
Most pay
$159k–$240k
Apply on company site

Benefits

  • Pension

Full job description

JOB SUMMARY:

Leads the City’s financial operations, including annual operating budget and Capital Improvements Program (CIP), accounting and financial reporting, revenues, cash and investments, debt, retirement system oversight, payroll and accounts payable, grants, and financial systems. Advises the City Manager and City Council on fiscal strategy, financial risk, compliance, and long-term sustainability while directing Finance staff.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Budgeting, Planning and Executive Advice:

  • Direct the operating budget and CIP; develop multiyear forecasts, fund balance projections, expenditure controls, and long-range financial plans.
  • Evaluate departmental requests and policy proposals for affordability and fiscal impact; communicate budget results and recommendations to leadership, elected officials, and the public.

Accounting, Audit and Internal Controls:

  • Oversee governmental fund accounting, general ledger, financial close, payroll oversight, accounts payable, reconciliations, budget-to-actual reports, and Annual Comprehensive Financial Report (ACFR).
  • Ensure compliance with GAAP, GASB, and applicable laws; coordinate the independent audit, address findings, safeguard assets, and implement segregation of duties and other internal controls.

Treasury, Investment, Debt and Retirement:

  • Manage revenue forecasting, cash-flow and banking oversight; monitor investments for safety, liquidity, return, and compliance.
  • Oversee debt capacity, borrowing obligations, financing strategies, covenants, and related reporting.
  • Oversee financial administration of the City’s defined benefit pension plan, including coordination with administrators, actuaries, investment advisers, and auditors.

Grants, Procurement and Financial Technology:

  • Oversee grant budgeting, restricted funds, expenditures, reimbursements, compliance, and reporting.
  • Coordinate financial oversight of contracts and major expenditures, financial system integrations, data quality, access controls, automation, and business continuity.

Department Management and Coordination:

  • Direct, coach, and evaluate Finance personnel; set goals and performance standards, allocate resources, and strengthen processes.
  • Coordinate with HR, departments, external auditors, banks, advisers, and other stakeholders; maintain ethical, accurate, responsive financial services.

MINIMUM QUALIFICATIONS:

  • Bachelor’s degree in public administration, finance, accounting, management, or related field required; master’s degree or professional certification (CPA, CPFO/CGFO, or comparable) preferred.
  • Five to seven years of progressively responsible supervisory and management experience in municipal finance; ten or more years preferred.
  • Advanced knowledge of government accounting, GAAP/GASB, fund accounting, public budgets, audit controls, investing, debt, financial reporting, and relevant regulations.
  • Proficiency with enterprise finance systems, including Tyler Technologies and UKG or comparable systems; analytical, spreadsheet, reporting, communication, and leadership skills.

KNOWLEDGE, SKILLS AND WORKING CONDITIONS:

Requires sound judgment, ethics, confidentiality, financial analysis, public presentation, negotiation, and staff supervision. Primarily office-based, with meetings and occasional lifting of materials up to approximately 24 pounds. The detailed source description identifies positions reporting to this role; final staffing and reporting relationships should be confirmed against the approved organizational chart.

Other related duties may be assigned consistent with the position’s purpose and scope.

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Salary

$137K - $177K

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