What are the responsibilities and job description for the Finance Director position at City of Alameda?
A Premier Leadership Opportunity in a Thriving Bay Area Community!
The City of Alameda is seeking an experienced, strategic, and visionary Finance Director to lead its financial operations and ensure long-term fiscal health. This executive role is vital to maintaining the City's strong financial position, overseeing budget development, financial reporting, and resource management as Alameda continues to grow. The Finance Director works closely with the City Manager, Assistant City Manager, City Council, elected City Auditor and Treasurer, and department heads to provide sound financial guidance, ensuring responsible stewardship of public funds and sustainable financial policies. As a key member of the Executive Leadership Team, the Finance Director plays a pivotal role in shaping financial strategies, implementing best practices, and fostering transparency and innovation in financial management.
Leading a team of 18 professionals, the Finance Director oversees critical functions, including budget development, revenue forecasting, purchasing, payroll, accounts payable, and debt administration. Alameda operates on a two-year budget cycle, with an annual budget of $594.6 million for FY 2023-25, including a $140.9 million General Fund. The Finance Department is instrumental in maximizing resources to deliver high-quality services while maintaining strong reserves to navigate economic uncertainties. Recent technology upgrades, including Tyler Munis and OpenGov software, have enhanced efficiency and financial transparency. Additionally, the Finance Director will spearhead citywide financial initiatives such as the Municipal Fiscal Resilience Plan and long-term financial forecasting, ensuring Alameda remains well-positioned for future growth and stability.
This is an outstanding opportunity for a financial executive to make a lasting impact in a dynamic, well-managed, and highly desirable Bay Area community!
To learn more about the City of Alameda visit: www.alamedaca.gov
To learn more about the Finance Department visit: www.alamedaca.gov/Departments/Finance
The Ideal candidate to fill the role of Finance Director is:- An experienced leader with the ability to ensure the continued success of the Finance Department.
- Excellent at distilling complex financial information into clear, accessible presentations to the City Council, Department Heads, staff, and the public.
- Exceptional strategic planning and creative problem solving skills.
- A seasoned professional with extensive technical knowledge and experience in financial planning, budgeting, cash management, investments, audits, special sales taxes, and infrastructure financing.
- A strong collaborative leader with exceptional interpersonal and communications skills and a commitment to developing strong, positive working relationships with the Department staff and City Manager as well as with the elected City Auditor, City Treasurer, and the entirety of the Executive Team.
- A strong commitment to delivering exceptional customer service, both internally and externally.
- Exceptional management expertise and a commitment to mentoring staff and motivating and building teams.
The Salary Range for the Finance Director is $199,522 - $242,521 annually based on a 37.5 hour work week; placement within the range is dependent upon qualifications.
The City also offers a competitive benefits package, including:
- Retirement Program – Classic members established with PERS on or before 12/31/2012 will be assigned a retirement formula of 2.0% at 55. Employees hired on 01/01/2013 or later and who are not eligible for reciprocity with another California public retirement system, are classified as New PERS members and will be assigned a retirement formula of 2.0% at 62. Classic members pay a total pre-tax contribution of 8.868% (7% employee contribution and 1.868% employee paid City contribution). New members pay half the normal cost as determined by PERS, for FY22/23 New Members pay 8.25%. The City does not participate in Social Security; however, employees contribute 1.45% for Medicare.
- Medical, Dental & Life Insurance – Pre-tax monthly allowance up to $2,808.11 City contribution towards selected CalPERS medical plan; depending upon health plan and number insured; dental insurance fully covered for the employee and all eligible dependents; and a $100,00 life insurance policy provided by the City.
- Vacation – 150 hours of vacation per year, increasing according to length of service time up to a max of 187.5 hours annually.
- Holidays – 11 observed holidays plus 5.5 floating holidays.
- Sick Leave – 90 hours per year. Unused sick leave is converted to CalPERS service credit upon retirement.
- Transportation Allowance – $250 per month.
- Administrative Leave- 60 Hours per fiscal year - cashed out if not used.
- Long-Term Disability – The City provides LTD insurance up to $8,000 per month.
- Optional Benefits – Several optional insurance plans are available to eligible employees including vision, flexible spending account, dependent care program, long-term care, additional life insurance and 457 deferred compensation plans.
For a full listing of benefits and to review the Executive Management (EXME) Compensation Plan visit: www.alamedaca.gov/hr
Apply by submitting your cover letter and resume through your Government Jobs account.
Initial interviews with the City Manager and Assistant City Manager tentatively scheduled for March 26 and 27, 2025.
AN EQUAL OPPORTUNITY EMPLOYER: The City of Alameda encourages minorities, women and the disabled to apply. It is the City's policy that all aspects of employment and promotion shall be without regard to sex, marital status or disability (except where dictated by requirements of the position), race, sexual orientation, political affiliation, religious creed, color, national origin or age. Qualified disabled persons must be able to perform the essential functions of the position with or without reasonable accommodations. No individual may pose a direct threat to the health or safety of himself/herself or other individuals in the workplace. Barring undue hardship, reasonable accommodations can be made in the application and examination process for disabled individuals or for religious reasons. Requests for reasonable accommodation should be made in advance to the Human Resources Department. Hearing Impaired TDD (510) 522-7538.Salary : $199,522 - $242,521
