Job: Chief Financial Officer
 Details
 Job Title:  Chief Financial Officer
 Position Type:  Full-Time
 Compensation/Salary:  DOQ
 Job Code:  JED3761
 Posted On:  15 Jan 2013
 Deadline:  February 25, 2012
 Company/Agency:  City of Fresno
 Job Category:  CFO-Finance Dir-Asst's
 Location:  Fresno, CA 
 Job Description
  THE ORGANIZATION AND THE POSITION



Incorporated in 1885, Fresno is a full-service charter city operating under a strong mayor form of government. There are seven Council members who are elected by district to four-year overlapping terms. The Council appoints the City Attorney and City Clerk. The Mayor is elected at large, does not serve on the Council, but has veto power over certain actions.



The City Manager is appointed by the Mayor and oversees the performance of 11 departments, including police, fire, transportation, community development, airports, parks and recreation, public works, finance, public utilities, personnel services and information services. The City operates two airports (Fresno Yosemite International services most major western cities), a bus system, and water, wastewater and solid waste utilities.



The City’s total budget for fiscal year 2012-13 is just over $1 billion with a General Fund allocation of $215 million. Over the last several years the organization has bridged a substantial budget shortfall of over $100 million, but continues to struggle to maintain a balanced spending plan with the underlying economy still weak from the crash in housing values and continued recessionary impacts. The City must address short-term cash-flow issues resulting from the economic downturn. In 2012, the Mayor and City Manager recommended a Fiscal Sustainability Plan, which was adopted by the City Council. The plan sets forth fiscal policies and a 10-year budget projection to match expenditures to revenues, repay approximately $20+ million in negative fund balances, and restore adequate reserve funds.



The Chief Financial Officer (Controller/Treasurer) reports to the City Manager and leads the Finance Department. The department provides a wide range of comprehensive finance support services to the Mayor, the Fresno City Council, and all City departments. These include accounting, financial administration and reporting, budgeting, internal audits, treasury/cash management, investments, payroll, billing and accounts receivable, accounts payable, purchasing, reproduction and graphics, and business licenses and cashiering. The position supervises the banking and treasury functions including investment management of an average $230,000,000 pool of investment. The new Chief Financial Officer will also assume responsibility for budget development and monitoring upon the consolidation of the budget division with finance. The consolidated department will be composed of 52 staff.



THE IDEAL CANDIDATE



The City of Fresno is seeking a seasoned professional to join the City Manager’s senior leadership team. The successful candidate will provide leadership and clear financial direction that addresses short-term, but persistent, cash flow issues and is capable of creating a cohesive centralized financial management system for the City. The position will be a rewarding job for an experienced manager who is interested in leading a talented group of professionals toward long-term financial stability. With no retiree medical obligation and one of the best-funded pension systems in the nation, the City is fortunate to lack the long-term liability experienced by other California cities. Partnering with the Mayor, Council, City Manager and other members of the senior leadership team, the new CFO will provide leadership that seeks new and creative solutions to resolve the City’s structural financial issues. Under Fresno’s City Charter, the City Manager’s appointment of the Chief Financial Officer/Controller must be confirmed by the City Council.



The ideal candidate will

  • Be a strong, credible leader capable of supporting informed decision making in a highly political environment
  • Be a practical problem solver who can work collaboratively to identify solutions and is willing to “think outside the box”
  • Have experience in municipal budgeting and accounting and the ability to plan and budget for the long term
  • Have proven success in identifying, analyzing and implementing financial decisions that maximize available resources and align with policy goals
  • Have demonstrated experience communicating clear financial goals in a municipal environment
  • Be a team player and team builder with executives, policymakers, and staff
  • Exhibit the ability to get the right things done, with a sense of urgency and a high level of energy
  • Possess a bachelor’s degree with major course work in public administration, business, accounting, finance or a related field and five years of increasingly responsible management experience in municipal financial management or budgeting; a master’s degree and/or CPA are desirable

SALARY AND BENEFITS



The compensation package includes a base salary and excellent benefits. The City of Fresno has one of the best-funded retirement systems in the country and welcomes CalPERS retirees. Since the City of Fresno is interested in hiring the best possible candidate for Chief Financial Officer position, the compensation package will ultimately depend upon the qualifications of the candidate to whom an offer is extended.



APPLICATION PROCESS



To apply for this outstanding opportunity, please submit a cover letter and complete resume as detailed below. Electronic correspondence is preferred. Contact Nancy Hetrick at 408-437-5400 for additional information.



 
 Job Contact
 Contact Name:  Nancy Hetrick  Primary Phone:  408-437-5400
 Title:   Fax: 
 Company/Agency:  Management Partners  Email:  search@managementpartners.com
 Location:  San Jose, CA  Contact Web Site:  www.managementpartners.com