What are the responsibilities and job description for the Assistant Finance Director position at City of Springfield, Ohio?
Applications will be accepted on a continuous basis until a sufficient number of qualified applications have been received or until the position has been filled. This recruitment may close at any time without notice.
Key Responsibilities
Challenges & Opportunities
New ERP System Implementation: In January 2024, the City of Springfield launched Oracle Cloud, a cloud-based ERP solution. The finance team is actively working on optimizing the system, establishing ongoing training plans for employees, and enhancing the overall user experience.
Growing Service Demands: As Springfield continues to expand, the demand for infrastructure improvements and public services will require creative financial solutions and efficient resource allocation.
Technology & Data Analytics: Opportunities exist to leverage new technologies and data analytics tools to improve financial transparency, reporting accuracy, and decision- making processes.
Workforce Gap: A shortage of qualified local government finance professionals presents challenges in recruiting and retaining talent, but also offers opportunities to develop innovative strategies for talent acquisition and professional development.
• Education:
- Financial Oversight: Assist the Finance Director in overseeing all financial activities, including accounting, budgeting, payroll, and accounts payable.
- Annual Comprehensive Financial Report (ACFR): Oversee the preparation of the city’s ACFR to ensure compliance with applicable accounting standards and regulatory requirements.
- Budget Management: Participate in the development, preparation, and administration of the city’s annual operating and capital budgets; monitor expenditures and revenues to ensure compliance with approved budgets.
- Grants Oversight & Management: Provide oversight for the city’s grants, including monitoring funding, compliance, and reporting requirements; collaborate with city departments to optimize grant opportunities.
- Financial Reporting & Analysis: Prepare accurate financial statements, manage audits, and provide timely and insightful analysis to inform decision-making.
- Policy Development: Assist in the development and implementation of financial policies, internal controls, and procedures to maintain compliance with local, state, and federal regulations.
- Staff Supervision & Development: Supervise and mentor finance staff; provide guidance, performance evaluations, and opportunities for professional growth.
- Strategic Planning: Collaborate with the Finance Director and other department leaders to forecast the city’s financial position, identify potential risks, and develop strategies to ensure long-term fiscal sustainability.
- Cross-Departmental Collaboration: Work closely with various city departments to provide financial guidance, streamline processes, and improve resource utilization.
Challenges & Opportunities
New ERP System Implementation: In January 2024, the City of Springfield launched Oracle Cloud, a cloud-based ERP solution. The finance team is actively working on optimizing the system, establishing ongoing training plans for employees, and enhancing the overall user experience.
Long-Term Budget Sustainability: With expenses outpacing revenues, maintaining balanced budgets and ensuring the city’s long-term fiscal health is a critical priority. Identifying innovative revenue sources, cost-control measures, and effective forecasting methods will be key.
Growing Service Demands: As Springfield continues to expand, the demand for infrastructure improvements and public services will require creative financial solutions and efficient resource allocation.
Technology & Data Analytics: Opportunities exist to leverage new technologies and data analytics tools to improve financial transparency, reporting accuracy, and decision- making processes.
Workforce Gap: A shortage of qualified local government finance professionals presents challenges in recruiting and retaining talent, but also offers opportunities to develop innovative strategies for talent acquisition and professional development.
• Education:
o Bachelor’s degree in Finance, Accounting, Business Administration, or a related field required.
o Master’s degree in Public Administration, Business Administration, Accounting, or related field is preferred.
• Experience:o Minimum of 5 years of progressively responsible experience in finance, accounting, or budgeting, preferably in the public sector.
o Demonstrated supervisory experience and proven ability to lead and develop staff.
• Skills & Competencies:o Strong knowledge of governmental accounting standards, budgeting processes, and financial reporting requirements.
o Excellent analytical, problem-solving, and decision-making skills.
o Proficiency in financial software (e.g., ERP systems), Microsoft Office Suite, and data management tools.
o Effective communication and interpersonal skills to collaborate with diverse stakeholders.
o Ability to manage multiple priorities, meet deadlines, and adapt to changing demands.
o High level of integrity, sound judgment, and ethical decision-making.
Interested applicants should include the following with application:
1. Cover Letter detailing relevant experience and interest in the position.
2. Resume highlighting education, experience, and accomplishments.
Salary : $110,011 - $140,317