Chief Financial Officer


Job Details

  • Job Function: Finance Director
  • Salary: $111,481 - $154,136.
  • Position Type: Full Time

Post Date: Jul 31 2020

Deadline: Sep 30 2020

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Chief Financial Officer (CFO)
Classification Identification: non-exempt / non bargaining unit

Pay Grade: thirty-nine (39)


The Chief Financial Officer (CFO) is responsible for all financial matters for North Bay Village. This position performs a variety of complex supervisory, professional, administrative and technical finance, accounting and budgetary functions while providing oversight of the fiscal records of the North Bay Village.

The CFO will plan, direct and coordinate all activities relating to finance, which includes accounting, financial reporting and budgeting, capital projects, audits, management of debt, payroll, home rule sales tax collection oversight and debt management. Including coordinating the provision of all necessary information and documents required for the execution of loan agreements and issuance of bonds; compliance monitoring for all grants; implementation of special assessment districts to pay for certain capital improvements; and recording of fixed assets to comply with the Governmental Accounting Standards Board (GASB).

This is the highest level of financial position in the organization and directs a staff of supervisory, professional and support personnel. Formulates long and short-range plans to effectively manage the Village fiscal position. Responsible for strategic planning for the Finance Department as well as serves as part of the overall organizations strategic planning team.

This position serves as a member of the Management Team carrying out Commission’s goals and directives, developing internal policy and guiding interdepartmental initiatives. The Chief Financial Officer will have minimal to no supervision, however, reports to the Village Manager.


• Provides day-to-day staff leadership to ensure a high performance, customer service-oriented work environment that supports achieving the Finance department and the Village's mission, objectives and values. Supervises the work of assigned staff and establishes performance requirements and provides coaching for performance enhancement and development.
• Provides leadership and direction in the development of short - and long-range financial plans.
• Coordinates the development of the annual Village budget; assists in the review and preparation of budget estimates; provides financial and budget information to other departments and assists in resolving questions and issues.
• Monitors operating expenses within approved budget guidelines and conducts analyses of actual costs/expenses relative to the budget.
• Manages cash investments, cash management processes and revenue tracking, including sales tax receipts, reporting, and audits.
• Oversees the preparation and presents the Comprehensive Annual Financial Report to Village Manager and Commission. Responsible for working and coordinating this process with the external auditors.
• Assures compliance with debt service schedules, obligations, bond covenants and other debt financing arrangements. Coordinates all new debt issues or refunding issues for the Village Commission’s consideration.
• Manages the Village intergovernmental agreements assuring compliance and timely processing of payments pursuant to the agreements as well as disclosure requirements.
• Develops financial studies and plans, forecasts, estimates, and monitors the financial condition of the Village to ensure the fiscal well-being of the Village.
• Implements and maintains electronic financial accounting and reporting systems.
• Prepares financial analyses and schedules at the request of the Village Manager.
• Makes presentations and communicates adopted financial plans, policies, and procedures to Village Commission, staff, boards, and the general public as needed.
• Develops rate schedules and prepares rate ordinances for the Village’s utility systems.
• Recommends and administers policies and procedures and makes recommendations for improvements or efficiencies.
• Consults with and advises Village Manager on finance related issues; prepares reports and makes presentations; keeps Village Manager informed of new legislation and accounting standards affecting the Village finance policies.
• Ensures that effective internal controls are in place and functioning to maintain compliance with applicable federal, state and local regulatory laws and standards for financial reporting.
• Researches and prepares monthly financial reports for presentation to the Village Commission, Village Manager and department heads.
• May represent the Village in various capacities on panels, committees, task forces and other relevant forums.
• Serves as the Village’s liaison with the Auditors.
• Oversees the preparation of journal entries, reconciliation of bank statements.
• Prepares highly complex journal entries and related supporting data.
• Supervises the purchasing function so that various materials, equipment, and services needed are obtained in a cost-effective, professional, and ethical manner.
• Establishes and maintains cooperative and effective working relationships with the Village and other government officials, representatives of public and private organizations citizen groups, outside suppliers and vendors, department heads, employees and the public.
• Performs related tasks and administers related projects as required.


• Comprehensive knowledge of the principles, practices and operating requirements of municipal government; accounting and financial management, including strong skills regarding regulatory compliance and reporting; and budgeting, finance, and project management.
• Comprehensive knowledge of municipal government accounting theory, principles, practices, and internal control procedures and requirements including GAAP, GAAFR and GASB.
• Thorough knowledge of the principles and practices of public administration, and financial management by objectives.
• Ability to supervise, plan, direct and coordinate the work of professional and clerical employees in the implementation of internal controls and operational policies and procedures.
• Ability to disseminate effective advice regarding the identification of potential problem areas and the formulation, implementation, and attainment of organizational and departmental goals and objectives in a manner which maximizes efficiency and effective utilization of resources.
• Ability to establish and maintain effective working relationships with Village officials, other employees, professional groups, vendors, and the general public.
• Ability to communicate clearly and concisely, both verbally and in writing, to individuals and to groups.
• Must have excellent Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills.
• Strong written and verbal communication skills with the ability to effectively communicate and interact with all levels of personnel and visitors of North Bay Village.
• Demonstrated personal effectiveness, credibility, thoroughness, flexibility, and collaboration skills in adhering to and advancing the Village’s vision, mission and values and ethical standards.


• Bachelor's degree in accounting, finance, Public or Business Administration required. Master’s degree in Business, Finance or Public Administration preferred.
• CPA preferred.
• Minimum of (7) years increasingly responsible senior level experience in a combination of the following areas: local government accounting, budgeting, financial administration, etc.
• A minimum of five (5) years of government budget and finance work experience preferred.
• Experience may substitute for education on a year for year basis.


• Sits for long periods of time; may walk, stand, bend, stoop, reach, climb, carry and lift for varying periods. Requires continuous and repetitive arm-hand-eye movement.
• Lifting: May involve lifting and carrying up to 25 lbs. for short periods of time.
• Vision and hearing: Must have visual acuity to see and read paper and electronic documents; must be able to answer telephones, communicate conversation and respond to verbal inquiries.


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