Finance Director​/Chief Financial Officer; Cfo

The City of Urbana is seeking a strategic, collaborative, and experienced leader to serve as the next Finance Director/Chief Financial Officer (CFO). The Finance Director/CFO is the chief fiscal officer of the City, serving as a key member of the City's executive leadership team and reporting directly to the Mayor. The incumbent performs advanced professional work managing a wide and highly complex array of financial functions within the City's Finance Department, including providing strategic and administrative oversight to the city's finance and accounting functions, developing and implementing internal control systems, acting as a trusted advisor to the Mayor and City Council, and ensuring compliance with applicable laws and regulations.

• Advises the Mayor, City Council, and staff regarding sound financial practices and policies, financial planning, and funding strategies.
• Directs and manages activities related to the City’s budget, financial and accounting reporting systems, and audits.
• Develops the annual budget format, coordinates the budget process, and prepares the budget document; reviews all proposed budget amendments and ordinances.
• Manages the development and implementation of departmental operating procedures; approves updates and changes to departmental procedures.
• Reviews key financial operations and activities at regular intervals to ensure standard operating procedures are followed and performance standards are met; recommends and/or implements changes to the same.
• Manages investment of City funds including maintaining, updating, and ensuring compliance with investment policy.
• Provides long‑range City financial forecast to establish future revenue needs and updates annually. Recommends strategies for revenue increases or budget reductions, based on the forecast.
• Reviews and approves purchases (approves all purchases above $10,000) and budget transfers pursuant to availability of funds, City Code requirements, and policies; provides guidance to City departments related to the City’s decentralized procurement processes.
• Develops and ensures compliance with policies related to all City financial and purchasing functions.
• Attends City Council and other meetings as required and prepares items for Council action.
• Develops systems to monitor the fiscal status of all City functions, prepares reports, and regularly reviews and advises the Mayor on fiscal condition, changes, and trends.
• Manages and monitors financial matters related to risk management, and coordinates with Legal and Human Resources Divisions on worker's compensation and/or liability claims, as needed. Directs procurement of insurance products.
• Reviews and approves long‑range financial plans for automation of financial processes; oversees the implementation of financial technologies including but not limited to those related to financial reporting, customer service, and revenue collection.
• Maintains effective relationships with other City departments and governmental officials, community leaders, citizens, and news media representatives.

The City welcomes applicants with any combination of education and experience that will provide the required knowledge and abilities to perform the duties of the Finance Director/CFO. Applicants are expected to have a bachelor’s degree in accounting, finance, or a closely related field; a master’s degree is desirable but not required. Applicants should also have at least ten (10) years of progressive executive experience in governmental budgeting and financial planning and management, including preparation of governmental comprehensive annual financial reports (CAFR), and extensive experience in all aspects of accounting, general ledger control, financial reporting, debt issuance, investments, banking, accounts payable and revenue billing, and collection, with at least five (5) years at a supervisory level.

• Ability to plan, organize, analyze, and direct the comprehensive financial programs of a municipal finance department and communicate complex information effectively regarding the City’s finances and financial programs to a wide variety of…