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Chief Financial Officer

Municipal/State/Federal Openings

Chief Financial Officer

Norwalk, CT

Posting Date: February 05, 2019
Closing Date: Until filled

Position Overview back to top

Position Definition: Plans, organizes and directs the accounting, cash management, payroll operations, risk management and purchasing programs of the City; prepares annual operating and capital improvement budget recommendations. Responsible for the direction, coordination and administration of the entire Finance Division, including the Departments of the Tax Assessor, the Tax Collector, Budget and Management, Purchasing, Information Technology, and the Comptroller.

Example of Duties: Plans work according to fiscal year and five year financial planning schedules. Establishes priorities in organizing departmental work and through Department heads directly supervises the functional areas of accounting, cash management, investment, payroll, property assessment, purchasing, information technology and revenue collection. Coordinates the preparation and administration of the City Budget and indebtedness program. Coordinates revenue and expenditures of all City funds and account groups. Coordinates short-term and long-range investment and borrowing strategy. Provides two-year revenue forecast; three-year equipment schedule; and ten-year debt service schedule. Provides cash management of all City funds. Prepares financial information for bond offerings. Confers with banking and investment personnel as needed. Provides budgetary control information to all departments. Oversees purchasing and insurance risk programs. Coordinates activities and flow of information to data processing services. Assists all City department heads in the organization and administration of their unit budgets. Recommends changes in departments procedures to effect improvements in services and to attain operational efficiencies. Prepares statistical and technical information for the annual budget and submits to the Mayor for budget recommendations. Prepares regular statistical and narrative reports, including financial statements, for the Mayor and the Common Council. Assists external auditors by compiling necessary statistical and related program information. Oversees contracted financial services. Reviews technological methods, systems and equipment to update as needed. Administratively reviews and approves purchase orders and bill payments. Administers personnel policies and collective bargaining agreement for department employees. Provides fiscal consultation to all City departments, Commissions and Boards. Establishes and administers new accounts. Provides fiscal management of grants. Reports work accomplished to the Mayor. Performs related work as assigned.

Qualifications back to top

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES: Thorough knowledge of financial administration, including accounting, budgeting, purchasing and investing. Ability to prepare financial statements in accordance with generally accepted accounting principles. Ability to recognize weaknesses in City financial systems and to effect improvements for increased efficiency and productivity. Excellent oral and written communication skills. Knowledge of departmental administration procedures, including planning, coordination and program evaluation. Knowledge of data processing capabilities and computer operations. Ability to interpret complex financial/statistical data. Ability to manage and supervise. Ability to prepare clear and concise statistical, as well as, narrative reports for professional and lay persons.

MINIMUM QUALIFICATIONS: Bachelor's degree in Accounting, Business Administration, Finance or some closely related field and six years of increasingly responsible experience in financial management; including two years supervising a major unit within a Finance Department. A Master's degree in Business or Public Administration, or some closely related field desirable; or, any equivalent combination of education and training.

Salary back to top

Hourly $63.93 - $89.40

Annually $125,143.00 - $175,000.00