Finance Director

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.
   

Requirements
 

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.
Summary
 

Resumes are reviewed on an ongoing basis.

The City of Takoma Park is a small jurisdiction in Montgomery County, Maryland. It borders the District of Columbia and Prince George’s County. The city is home to a diverse and politically active population of 17,000 residents and is known for its progressive policies, historic tree-lined neighborhoods, and independent businesses. Our workforce consists of almost 200 full-time and part-time employees who reflect the diversity of the community we serve. We are committed to providing excellent customer service and being responsive to our residents and partners. With this in mind, we are dedicated to improving our services by emphasizing quality and efficiency through a dedicated workforce and a cooperative spirit.

The City of Takoma Park is proud to be an equal-opportunity employer.  We strive to be a diverse workforce that is representative of the residents we serve and the area in which we live.  We are dedicated to creating an inclusive environment where employees of diverse backgrounds can thrive and make a positive impact in the services we provide.