Cash and Investment Officer

Come work at a place where you have a direct impact on the quality of life for Kent residents, business owners and visitors alike!

Make a direct impact on our community’s financial future as our next Cash and Investment Officer! In this high-visibility role, you will manage the City’s daily liquidity, direct investment portfolio strategies, manage debt service obligations, and contribute to year-end financial reporting under limited supervision. We are seeking an analytical problem-solver who excels in complex Excel modeling, cash flow analysis, and GAAP/GASB/BARS compliance.

Qualifications include a Bachelor’s degree in Finance, Accounting, Economics, or a related field, plus at least 3 years of professional accounting, investment, or financial analysis experience (municipal government experience and CPA/CMA credentials preferred). If you bring strong technical expertise and are ready to advance your career in public service, apply today to join our team!

There is one full-time position available, represented by the AFSCME union.

An unranked eligibility list may be established at the conclusion of the selection process that would then be in effect for up to 12 months.

The recruitment process for this position will include at least one panel interview.

Applications will be accepted through Monday, November 23rd.
** Please note that you must attach your cover letter and resume to your application in order for your application to be considered complete. Uploading your resume to auto-fill portions of the application does not automatically attach it to your application. Incomplete applications will not be considered for this position. If you experience technical difficulties, please contact our office Monday-Friday, between 8:00 AM- 5:00 PM at  and we will do our best to assist you.
** SALARY:$8,693.00- $10,591.00 per month, depending on experience

For a listing of benefits, please use the following link:
Employee Benefits | City of Kent (kentwa.gov)
Additional information may also be found in the AFSCME contract, which you can access at Human Resources | City of Kent (kentwa.gov)
GENERAL

PURPOSE:

Under the direction of the Accounting Manager, perform a variety of fiscal and financial analysis of cash flow and investment planning for the City’s Cash, Investments and Debt Portfolios; perform senior level professional, technical and analytical duties; ensure citywide accounting practices in the areas assigned are in compliance with generally accepted accounting principles (GAAP), state and federal guidelines and established City policy, procedures and standards.

Work is characterized by senior professional level financial functions. Duties and responsibilities include, but are not limited to, financial trends monitoring, special projects, timely and accurate investment decisions based on thorough analysis of the City’s cash and investment data; related year-end closing and reporting tasks as part of the City’s Annual Comprehensive Financial Report (ACFR) preparation process, ensuring compliance with GAAP, governmental accounting standards (GASB), state and federal laws, rules, regulations, and City policies and procedures regarding accounting, investment, debt, and financial recordkeeping.

Incumbent is required to use complex spreadsheet models in analyzing financial data. Work is sometimes subject to tight deadlines and requires the incumbent to work well under pressure.

Work is performed under limited supervision. Supervisor sets the overall objectives and resources available. Incumbent and supervisor work together to develop deadlines, projects, and work to be completed. Incumbent plans and carries out the assignment, resolves most conflicts that arise, coordinates work with others, provides…