Deputy Department Director, Senior - Financial Reporting and Systems

About the role

The City of Richmond is seeking an experienced and highly qualified candidate for the unclassified senior leadership position of Deputy Department Director, Senior.

Responsibilities

• Work in conjunction with the Director of Finance to lead and manage the financial operations of the City;
• Develop long and short-term strategic financial plans, goals, and objectives;
• Assist in overseeing and analyzing the City’s fiscal operations, ensuring compliance with federal, state, and city regulations, including Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB) pronouncements, IRS requirements, and other applicable financial and reporting standards;
• Prepare comprehensive financial reports for senior management, elected officials, and other stakeholders;
• Identify, assess, and mitigate financial risks across the organization; develop and implement strategies to reduce exposure while ensuring fiscal stability and alignment with city policies;
• Develop, review and update financial policies and procedures in consultation with elected or appointed officials, senior management, department heads, and department staff to promote accurate and efficient financial operations. Ensure policies are efficiently communicated throughout the organization, monitor compliance at all levels, and assess processes to identify and address deficiencies;
• Research financial market trends, financial systems and legal trends, prepare detailed reports to provide recommendations and comments to the department director, City Council, and other city agencies;
• Aid in administrative functions for the Finance Department including recruitment, training, discipline, and the evaluation of staff;
• Assist with preparing various resolutions and ordinances on financial matters for City Council agenda for resolution;
• Plan, direct, coordinate, and review the work plan for finance staff; assign work activities, projects, and programs; review and evaluate work products, methods, and procedures; meet with staff to identify and resolve problems;
• Participate in the preparation and administration of the department's budget; assist in budget implementation; monitor the department’s annual budget and provide detailed analysis and forecast to support decision making;
• Maintain the Chart of Accounts in compliance with the standards issued by the Governmental accounting Standard Board;
• Oversee the annual external audit process and direct the preparation and issuance of the City’s Annual Comprehensive Financial Report. Ensure compliance with financial regulations, standards, and internal controls;
• Represent the City in various meetings and functions; Serve as staff on a variety of boards, commissions, and committees; prepare and present staff reports and other necessary correspondence;
• Perform additional job duties requiring comparable or lesser skills, knowledge and physical capabilities as needed.

Qualifications, Special Certifications And Licenses

• Bachelor's Degree in public administration or field directly related to assignment; Eight years of progressively responsible related experience that includes significant management and supervisory experience
• An equivalent combination of training and experience (as approved by the department) may be used to meet the minimum qualifications of the classification.
• PREFERRED QUALIFICATIONS AND TRAINING: Master's degree in Public Administration, Finance, Accounting, or related areas. Extensive experience applying the principles and practices of municipal finance administration. Working knowledge of municipal debt management and accounting. Demonstrated experience in State or Local government accounting. Certified Public Accountant (CPA) or Certified Government Finance Officer (CGFO). Experience in public sector financial management and operations. Experience preparing and overseeing the Annual Comprehensive Financial Report (ACFR). Experience with the preparation and update of all bond sales official statements. Experience coordinating and working effectively with external auditors.

Licenses, Certifications, and/or Other Special Requirements

• Certified Public Accountant (CPA) preferred

Equal Employment Opportunity Statement

The City of Richmond provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. The City of Richmond is committed to the full inclusion of all qualified individuals.