Chief Financial Officer

Chief Financial Officer

The City of Bonney Lake invites qualified candidates to apply for the position of Chief Financial Officer, a key leadership role responsible for guiding the city's financial strategy, budgeting, and long‑term fiscal planning. The incumbent will work closely with the Mayor and City Administrator to finalize the biannual budget and serve as the City’s primary contact with the Office of the Washington State Auditor on the annual audit.

As a department head, perform a variety of complex supervisory, professional, administrative and technical accounting and finance functions in maintaining the fiscal records and systems of the City. Establish and oversee strategic direction for the Finance Department and contribute to the City's vision, mission, and goals in the performance of all job duties.

Reports To:

Mayor and City Administrator

Supervises:
Finance and Payroll Accountant, Financial Operations Manager, and all staff within the Finance Department either directly or through subordinate supervisors.

• Assist the mayor in the preparation and submission of the preliminary annual City budget.
• Administer the adopted budget of the City, including monitoring revenues and expenditures, performing cost control activities, and ensuring effective and efficient use of budgeted funds, personnel, materials, and facilities.
• Serve as the chief financial advisor to the mayor, council, city administrator, and department heads.
• Establish and maintain internal control procedures and ensure that state and national standard accounting procedures are maintained.
• Supervise the collection of taxes, fees, and other receipts in accordance with laws and regulations.
• Maintain financial records; forecast, estimate, and monitor the financial condition of the City to ensure fiscal wellbeing.
• Oversee the central computerized financial and management information system of the City.
• Supervise the posting and reconciliation of ledgers and accounts; direct the preparation of state and federal reports, including tax reports.
• Oversee payroll, accounts payable processing, and utility and other billings.
• Provide technical expertise in preparing budgets including capital improvement plans.
• Prepare a variety of financial studies, reports and related information for decision‑making purposes.
• Oversee the investment of City funds.
• Assist the Administrative Services Director, City Administrator, and HR Manager in the planning, implementation, and administration of City benefit programs.
• Maintain, supervise, and assist in the maintenance of the BARS chart of account codes for the accounting system, ensuring proper posting with correct BARS account numbers.
• Oversee, assist in the preparation of annual financial reports; close year‑end general ledger; prepare notes to the financial statements, Equipment Rental Fund accounts, and labor distributions.
• Create journal entries to balance and close monthly books in the general ledger; track revenue and expense accounts; reconcile general ledger and subsidiary accounts.
• Perform research as assigned for the State Auditor’s Office during the annual audit.
• Prepare, maintain, and submit a variety of records and reports related to financial systems.
• Periodically audit sales tax data from the Department of Revenue.
• Manage and review payroll for tax, fringe benefit, and retirement plan compliance; coordinate with the City Administrator and Human Resources Manager on pay and benefit issues.
• Oversee the preparation and maintenance of fixed asset accounts, LID accounts, and other special assessments.
• Plan, organize, coordinate, supervise, and evaluate programs, staffing, and services of the Finance Department.
• Determine work procedures, prepare work schedules, and expedite workflow; issue written and oral instructions; study and standardize department policies and procedures to improve efficiency and effectiveness of operations.
• Evaluate city financials and formulate short‑ and long‑range plans to meet needs in all areas of responsibility.
• Support preparation of new City ordinances and revision of existing ordinances related to finance policy and administration.
• Provide opportunities for…